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Page 1
2025
ANNUAL REPORT




     BUSINESS DIVERSIFICATION & EXPANSION
                FOR SUSTAINABLE GROWTH


                                         PT Petrosea Tbk 1
Page 2
    Laporan Tahunan 2025                                                                    Laporan Tahunan 2025
    Annual Report                                                                                   Annual Report




Laporan Tahunan 2025 PT Petrosea Tbk          The 2025 Annual Report of PT Petrosea
merupakan wujud komitmen terhadap             Tbk is a form of its commitment towards
pelaksanaan tata kelola perusahaan            the implementation of good corporate
dan disusun mengikuti ketentuan Surat         governance and was prepared in
Edaran Otoritas Jasa Keuangan No.16/          accordance with the Financial Services
SEOJK.04/2021 tentang Bentuk dan Isi          Authority Circular Letter No. 16/
Laporan Tahunan Emiten atau Perusahaan        SEOJK.04/2021 on the Form and Content
Publik serta kriteria ASEAN Corporate         of Issuers or Public Company’s Annual
Governance Scorecard dalam rangka             Report as well as the criteria of the ASEAN
melaporkan kegiatan dan kinerja               Corporate Governance Scorecard in the
Perusahaan pada tahun buku 2025.              course of reporting the activities and
                                              performance of the Company in fiscal
                                              year 2025.

Sanggahan & Batasan Tanggung Jawab            Disclaimer & Scope of Responsibility

Petrosea menyampaikan informasi               Petrosea discloses factual information
dan data faktual untuk memberikan             and data to provide an overview and
gambaran dan penjelasan mengenai              explanation about aims, policies,
tujuan, kebijakan, strategi, rencana, serta   strategies, plans, as well as operational
hasil operasi dan keuangan Perusahaan         and financial results of the Company
pada tahun buku 2025. Gambaran dan            for fiscal year 2025. The overview and
penjelasan tersebut mencakup juga             explanation contains prospective
pernyataan prospektif dan asumsi              statements and assumptions regarding
terkait kondisi, lingkungan usaha dan         the condition, business environment and
kondisi makro Perusahaan, yang dapat          macro environment of the Company, which
berbeda dari perkembangan aktual.             may differ from actual developments. The
Perusahaan menghimbau para pembaca            Company urges readers of Petrosea’s
Laporan Tahunan 2025 Petrosea untuk           2025 Annual Report to use the information,
mempergunakan informasi, data dan             data and explanation with discretion in
penjelasan yang disampaikan dalam             every decision making process.
Laporan Tahunan ini secara bijak dalam
setiap pengambilan keputusan.




2     PT Petrosea Tbk                                                                           PT Petrosea Tbk 3
Page 3
    Laporan Tahunan 2025                                                                                                                                                                                                                                                             Laporan Tahunan 2025




                                                                                                                                                                    “
    Annual Report                                                                                                                                                                                                                                                                            Annual Report




Daftar Isi
Table of Content
                                                                                                                                                                                         Perluasan pasar ke Asia Pasifik dan Oseania serta
                                                                                                                                                                                       pengembangan portofolio layanan terintegrasi EPCI
                                                                                                                                                                                      migas onshore & offshore dan jasa pertambangan emas
                                                                                                                                                                                           sebagai wujud strategi diversifikasi Petrosea
    Penjelasan Tema 2025                                                       12             Kesinambungan Tema                                               13
    Theme Explanation 2025                                                                    Theme Continuity




                                     01
                                                                                                                                                                                 Market expansion into the Asia Pacific and Oceania regions,
    Ikhtisar Utama
    Main Highlights
    16


    Pencapaian Diversifikasi
    Bisnis Tahun 2025
    2025 Business
                                   18   Ikhtisar Keuangan
                                        & Operasional
                                        Financial & Opertaional
                                                                   28   Ikhtisar Kinerja
                                                                        Operasional 2025
                                                                        2025 Operational
                                                                                               36        Ikhtisar Saham
                                                                                                         Share Highlights
                                                                                                                                     60     Penghargaan
                                                                                                                                            & Sertifikasi
                                                                                                                                            Awards &
                                                                                                                                                               70
                                                                                                                                                                                  along with the development of an integrated portfolio of
                                                                                                                                                                                 onshore & offshore oil & gas EPCI services and gold mining
                                                                                                                                                                                     services reflects Petrosea’s diversification strategy
                                                                                                                                                                                                                                                                                                                     “
    Diversification                     Highlights                      Performance Highlights                                              Certifications
    Achievements


    Pengantar Ikhtisar            26    Ikhtisar Kinerja          30    Ikhtisar Kinerja            54   Ikhtisar Obligasi           64     Peristiwa          82
    Keuangan & Operasional              Keuangan 2025                   Keberlanjutan 2025               & Sukuk                            Tahun 2025
    Introduction to Financial &         2025 Financial                  2025 Sustainability              Bonds & Sukuk                      2025 Events
    Operational Highlights              Performance Highlights          Highlights                       Highlights




           18                                                                              26                                                                         128                                                                      159
                     Pencapaian Diversifikasi Bisnis 2025                                                Pengantar Ikhtisar Keuangan & Operasional                                   Sekilas Petrosea                                                      Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
                     2025 Business Diversification Achievements                                          Introduction to Financial & Operational Highlights                          Petrosea In Brief                                                     List of Subsidiaries, Associated Companies & Joint Ventures




                                     02
    Laporan



                                                                                                                                                                                                     03
                                                            Laporan Direksi                               102      III.      Penerapan Tata Kelola            112
    Manajemen                                               Board of Directors’ Report                                       Perusahaan                                                                            Struktur Grup Petrosea                        156     Profil Pemegang Saham                       233
    Management                                                                                                               Corporate Governance                   Profil Perusahaan                              Petrosea Group Structure                              Shareholders Profile

    Reports
                                                            I.    Strategi & Kebijakan Strategis
                                                                  Strategies & Strategic Policies
                                                                                                          103                Implementation
                                                                                                                                                                    Company Profile
                                                                                                                                                                                                                   Struktur Organisasi Petrosea                  158     Informasi Komposisi Pemegang Saham          241
    86                                                                                                                          Apresiasi atas Penerapan      115   126                                            Petrosea Organizational Structure                     Shareholding Composition Information
                                                                    Peranan Direksi dalam Perumusan       103                   Tata Kelola
                                                                    dan Proses yang Dilakukan dalam                             Recognition of Governance
                                                                                                                                                                                                                   Daftar Entitas Anak,                          159     Pencatatan Efek Lain                        242
                                                                                                                                Implementation                      Sekilas Petrosea                         128
                                                                    Memastikan Penerapan Strategi                                                                                                                  Entitas Asosiasi & Ventura Bersama                    Listing of Other Securities
    Laporan Dewan Komisaris                         88              dan Kebijakan                                                                                   Petrosea in Brief                              List of Subsidiaries, Associated
    Board of Commissioners’ Report                                  The Role of the Board of Directors             IV.       Prospek Usaha, Perkembangan      115                                                  Companies & Joint Ventures
                                                                    in Strategy Formulation and the                          Perekonomian dan Pasar                                                                                                                      Akuntan Publik & Kantor Akuntan Publik      243
                                                                                                                                                                    Lini Bisnis                              128                                                         Public Accountant & Public Accounting
                                                                    Processes Undertaken to Ensure                           Business Prospects, Economic
    I.      Penilaian Kinerja Direksi               89
                                                                    the Implementation of Strategies                         Development and Market
                                                                                                                                                                    Business Lines                                 Daftar Keanggotaan Asosiasi Industri          182     Firm
            Board of Directors                                      and Policies                                                                                                                                   Membership in Industrial Associations
            Performance Review                                                                                                                                      Identitas Perusahaan
                                                                                                                   V.        Perubahan Komposisi Direksi      120                                            142                                                         I.     Mekanisme Penunjukan                 244
                                                            II.   Kinerja Perusahaan                      106                Changes to The Board of                Company Identity                               Profil Dewan Komisaris                        184            Appointment Mechanism
    II.     Penerapan Tata Kelola Perusahaan        92            Company Performance                                        Director's Composition                                                                Profile of the Board of Commissioners
            Corporate Governance
                                                                                                                                                                    Riwayat Singkat                          144                                                         II.    Biaya Audit                          246
            Implementation
                                                                    Pencapaian Kinerja 2025 &             106      VI.       Apresiasi                        120   Brief History                                  Profil Direksi                               200             Audit Fee
                                                                    Perbandingannya dengan Target                            Appreciation                                                                          Profile of the Board of Directors
    III.    Rapat & Komposisi                       95              2025 Performance Achievements                                                                   Visi, Misi & Nilai-Nilai Inti            148                                                         III.   Jasa Selain Audit yang diberikan     246
            Dewan Komisaris                                         and Comparison with Targets                    Surat Pernyataan Tanggung Jawab            124   Vision, Mission & Core Values                  Profil Sumber Daya Manusia                   210             oleh KAP/AP
            Board of Commissioners
                                                                                                                   Anggota Direksi & Dewan Komisaris atas                                                          Human Capital Profile                                        Services Other Than Audit Provided
            Meetings & Composition
                                                                    Pencapaian Kinerja Lainnya             110     Laporan Tahunan 2025 PT Petrosea Tbk                                                                                                                         By KAP/AP
                                                                                                                                                                    Kegiatan Usaha                           152
                                                                    Other Performance Achievements                 Statement of Accountability of Members
    IV.     Prospek Usaha                           96                                                                                                              Business Activities                            Fungsi Pendukung Bisnis                       219
                                                                                                                   of the Board of Directors & Board of
            Business Prospects                                                                                     Commissioners for the 2025 Annual                                                               Business Support Functions                            Lembaga & Profesi Penunjang                 247
                                                                    Kendala yang Dihadapi dan              112                                                                                                                                                           Pasar Modal
                                                                                                                   Report of PT Petrosea Tbk                        Peta Operasional & Pasar yang Dilayani   156
                                                                    Antisipasi yang Dilakukan                                                                                                                                                                            Capital Market Supporting
    V.      Apresiasi & Penutup                     99              Challenges Encountered and
                                                                                                                                                                    Operating Areas & Markets Served               Informasi Pemegang Saham Perusahaan          229
            Appreciation & Closing                                                                                                                                                                                                                                       Institutions & Professionals
                                                                    Mitigation Measures Undertaken                                                                                                                 Company Shareholder Information




4          PT Petrosea Tbk                                                                                                                                                                                                                                                                    PT Petrosea Tbk 5
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    Laporan Tahunan 2025                                                                                                                                                                                                                                                          Laporan Tahunan 2025
    Annual Report                                                                                                                                                                                                                                                                         Annual Report




Daftar Isi
Table of Content




                                    04                                                                                                                                                 05
                                                                                                                                                          Tata Kelola
    Analisa &                                          II.    Perekonomian Indonesia             250
                                                                                                        Keunggulan Perusahaan & Strategi Bisnis
                                                                                                        Corporate Excellence & Business Strategy
                                                                                                                                                    282
                                                                                                                                                          Perusahaan                                          II.     Proses Evaluasi & Peningkatan
                                                                                                                                                                                                                      Terhadap Pelaksanaan Tata Kelola
                                                                                                                                                                                                                                                              341    I.        Kepemilikan
                                                                                                                                                                                                                                                                               Saham oleh Anggota
                                                                                                                                                                                                                                                                                                                   365
                                                              Tahun 2025
    Pembahasan                                                Indonesian Economy in 2025                                                                  Corporate                                                   Perusahaan di Petrosea                                   Dewan Komisaris & Direksi

    Manajemen                                                                                           Strategi Pemasaran
                                                                                                        Marketing Strategy
                                                                                                                                                    289
                                                                                                                                                          Governance
                                                                                                                                                                                                                      Evaluation & Improvement
                                                                                                                                                                                                                      Process Towards Good Corporate
                                                                                                                                                                                                                                                                               Share Ownership of Members
                                                                                                                                                                                                                                                                               of the Board of Commissioners &
                                                       Tinjauan Industri                         259                                                                                                                  Governance Implementation in                             Board of Directors
    Management                                         Industry Overview                                                                                  314                                                         Petrosea
                                                                                                        Kinerja Keuangan                            297
    Discussion & Analysis                              Tinjauan Operasi per Segmen Usaha       268
                                                                                                        Financial Performance                                                                                                                                        II.       Kriteria Seleksi Calon Anggota      366
                                                                                                                                                                                                              Rapat Umum Pemegang Saham                      343               Dewan Komisaris
    244                                                Operational Review per Business Segment                                                            Penerapan Tata Kelola Perusahaan di         326     General Meeting of Shareholders                                  Selection Criteria for Candidates
                                                                                                        I.     Jumlah Asset                         297   Petrosea Tahun 2025                                                                                                  for the Board of Commissioners
                                                                                                               Total Assets
                                                       I.     Kontribusi Segmen Bisnis           269                                                      Corporate Governance Implementation
                                                                                                                                                                                                              I.      Hak & Wewenang                         345
                                                              Business Segment Contribution                                                               at Petrosea in 2025
                                                                                                                                                                                                                      Pemegang Saham                                 III.      Persyaratan formal                  366
     Ikhtisar                                    250                                                    II.    Aset Lancar                          292                                                               Rights & Authorities of Shareholders                     Formal Criteria
     Highlights                                                                                                Current assets
                                                       II.    Jasa Pertambangan                  271                                                      Komitmen, Pilar & Infrastruktur Tata         331
                                                              Mining Services                                                                             Kelola Perusahaan yang Baik di Petrosea
                                                                                                                                                                                                              II.     Pelaksanaan RUPS                       347     IV.       Persyaratan Materiil                366
     I.       Perekonomian dan Industri          250                                                    III.   Aset Tidak Lancar                    298   Commitment, Pillars & Infrastructure of
                                                                                                                                                                                                                      Implementation of GMS                                    Material Criteria
              Economy and Industry                                                                             Non-Current Assets                         Good Corporate Governance at Petrosea
                                                       III.   Rekayasa, Pengadaan &              274
                                                              Konstruksi                                                                                                                                      III.    Prosedur Pengambilan Keputusan         348     V.        Persyaratan Lain                    367
     II.      Target dan Realisasi               251          Engineering, Procurement &                IV.    Jumlah Liabilitas                    298   Tahapan Penerapan Tata Kelola               336
                                                                                                                                                                                                                      Decision Making Procedure                                Other Criteria
              Target and Realization                          Construction                                     Total Liabilities                          Perusahaan yang Baik di Petrosea
                                                                                                                                                          Stages of Good Corporate Governance
                                                                                                                                                          Implementation at Petrosea                          Laporan Penyelenggaraan RUPS di 2025           350     VI.       Susunan, Jumlah & Komposisi         367
     Tinjauan Ekonomi                            254   IV.    EPCI Migas Lepas Pantai            276    V.     Liabilitas Jangka Pendek             298                                                       Report on 2025 GMS Implementation                                Dewan Komisaris Tahun 2025
     Economic Review                                          Offshore Oil & Gas EPCI                          Short-Term Liabilities                                                                                                                                          Structure, Size & Composition
                                                                                                                                                          Pengawasan, Evaluasi & Peningkatan Tata 340
                                                                                                                                                                                                                                                                               of the Board of Commissioners
                                                                                                                                                          Kelola Perusahaan yang Baik di Petrosea             Keputusan & Realisasi RUPS Tahun 2024          363
     I.       Perekonomian Global Tahun 2025     254   V.     Jasa Logistik & Pendukung          278    VI.    Liabilitas Jangka Panjang            298                                                       Decisions & Realizations of 2024 GMS
                                                                                                                                                                                                                                                                               in 2025
                                                                                                                                                          Supervision, Evaluation & Enhancement of
              Global Economy in 2025                          Logistics & Support Services                     Long-Term Liabilities
                                                                                                                                                          Good Corporate Governance at Petrosea
                                                                                                                                                                                                              Dewan Komisaris                                364
                                                                                                                                                                                                                                                                     VII.      Tugas, Tanggung Jawab &             368
                                                                                                                                                                                                                                                                               Wewenang Dewan Komisaris
                                                                                                                                                          I.      Pengawasan Tata Kelola              340     Board of Commissioners
                                                                                                                                                                                                                                                                               Duties, Responsibilities &
                                                                                                                                                                  Perusahaan yang Baik
                                                                                                                                                                                                                                                                               Authorities of the Board of
           282 Keunggulan                                                              247 Kinerja
                          Perusahaan & Strategi Bisnis                                             Keuangan                                                       Good Corporate Governance
                                                                                                                                                                                                                                                                               Commissioners
               Corporate Excellence & Business Strategy                                    Financial Performance                                                  Monitoring




                                                                                                                                                               326 Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025
                                                                                                                                                                   Corporate Governance Implementation at Petrosea in 2025                  343            Rapat Umum Pemegang Saham
                                                                                                                                                                                                                                                           General Meeting of Shareholders




    VII.      Jumlah Ekuitas                     299   XV.    Arus Kas Digunakan                 301   XXII. Informasi Investasi, Ekspansi,         307
              Total Equity                                    untuk Aktivitas Investasi                        Divestasi, Peleburan Usaha,
                                                              Cash Flow Used for                               Akuisisi, Restrukturisasi
                                                              Investing Activities                             Utang/ Modal
    VIII.     Pendapatan                         300                                                                                                      VIII.      Peran Delegation of Authority      378   XI.        Kebijakan dan Praktik Insider        378     XVII.    Rencana Rapat Tahun 2026            385
                                                                                                               Information on Investment,
              Income                                                                                                                                                 dalam Mendukung Tugas                               Information bagi Dewan                                Meeting Schedule for 2026
                                                                                                               Expansion, Divestment,
                                                       XVI.   Arus Kas Diperoleh dari            302                                                                 Dewan Komisaris                                     Komisaris
                                                                                                               Business Merger, Acquisition,
                                                              Aktivitas Pendanaan
    IX.       Beban Langsung                     300                                                           Debt/Capital Restructuring                            The Role of Delegation of                           Policy and Practices on Insider
                                                                                                                                                                                                                                                                      XVIII.   Peningkatan Kompetensi              386
                                                              Cash Flows from                                                                                        Authority in Supporting the Duties                  Information for The Board of
              Direct Cost                                                                                                                                                                                                                                                      Competency Improvement
                                                              Financing Activities                                                                                   of the Board of Commissioners                       Commissioners
                                                                                                       XXIII. Transaksi Benturan Kepentingan        307
    X.        Laba Bruto                         300                                                           Conflicts of Interest Transactions
              Gross Profit
                                                       XVII. Kemampuan Bayar Utang               303                                                      IX.        Realisasi Pelaksanaan Tugas       376    XIII.      Kebijakan & Praktik Pemberian        379     XIX.     Pendidikan & Pelatihan              386
                                                              Ability to Pay Debt                                                                                    & Fokus Pengawasan Dewan                            Pinjaman bagi Dewan Komisaris                         Education & Training
                                                                                                       XXIV. Transaksi-transaksi dengan             310              Komisaris Tahun 2025                                Policy & Practices Regarding the
    XI.       Laba Bersih Tahun Berjalan         301                                                           Pihak-Pihak Berelasi
              Net Profit for the Current Year
                                                       XVIII. Tingkat Kolektibilitas             305                                                                 Realization of Duties                               Granting of Loans to the Board of            XX.      Program Orientasi Anggota Baru 386
                                                                                                               Transactions with Related Parties
                                                              Piutang Usaha                                                                                          Implementation & Supervisory                        Commissioners                                         Orientation Program for New
                                                              Accounts Receivable                                                                                    Focus of the Board of                                                                                     Members
    XII.      Laba yang Dapat Diatribusikan      301          Collectibility Level                     Target & Realisasi 2025                      311              Commissioners in 2025
                                                                                                                                                                                                              XIV.       Rapat Dewan Komisaris                379
              kepada Pemilik Entitas Induk                                                             2025 Targets & Realizations
              Profit Attributable to Owners of
                                                                                                                                                                                                                         Tahun 2025                                   XXI.     Penilaian Kinerja                   386
                                                       XIX.   Struktur Modal                     306                                                      X.         Pengangkatan, Pemberhentian       376               Board of Commissioners                                Performance Evaluation
              the Parent Entity
                                                              Capital Structure                        Prospek Usaha & Target 2026                  315              & Masa Jabatan                                      Meetings in 2025
                                                                                                       2026 Business Prospects & Targets                             Appointment, Dismissal &
    XIII.     Jumlah Penghasilan Komprehensif    291                                                                                                                 Term of Office
                                                                                                                                                                                                                                                                      XXII.    Evaluasi Komite dibawah             387
                                                       XX.    Investasi Barang Modal             306                                                                                                          XV.        Mekanisme & Pelaksanaan              381              Dewan Komisaris
              Tahun Berjalan
                                                              Capital Goods Investment                 Dividen                                      319                                                                  Rapat Dewan Komisaris                                 Evaluation of Committees Under
              Total Comprehensive Income for
                                                                                                       Dividend                                           XI.        Piagam Dewan Komisaris            377               Board of Commissioners                                the Board of Commissioners
              the Current Year
                                                                                                                                                                     Board of Commissioners Charter                      Meetings Mechanism &
                                                       XXI.   Ikatan Material terkait            297
                                                                                                                                                                                                                         Implementation
    XIV.      Arus Kas Diperoleh dari            291
                                                              Investasi Barang Modal                   Informasi Lainnya                            322                                                                                                               XXIII.   Komisaris Independen                388
                                                              Material Bonds Related to                Other Information                                                                                                                                                       Independent Commissioners
              Aktivitas Operasi
                                                              Capital Goods Investment                                                                                                                        XVI.       Rapat Gabungan Tahun 2025            382
              Cash Flows from
                                                                                                                                                                                                                         Joint Meetings in 2025
              Operating Activities                                                                                                                                                                                                                                    XXIV.    Masa Tugas                          389
                                                                                                                                                                                                                                                                               Term of Office




6          PT Petrosea Tbk                                                                                                                                                                                                                                                               PT Petrosea Tbk 7
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    Laporan Tahunan 2025                                                                                                                                                                                                                                                      Laporan Tahunan 2025
    Annual Report                                                                                                                                                                                                                                                                     Annual Report




Daftar Isi
Table of Content



                                                                                                                                                            Komite Keberlanjutan                          444   II.    Tugas & Tanggung Jawab              458   III.   Tugas & Tanggung Jawab Unit           468
                                                                                                                                                            Sustainability Committee                                   Sekretaris Perusahaan                            Audit Internal Sesuai Piagam
    XXV.         Proporsi Jumlah Komisaris      389    IV.    Pengangkatan, Pemberhentian           400   X.     Program Orientasi                    406
                                                                                                                                                                                                                       Corporate Secretary                              Duties & Responsibilities of the
                 Independen                                   & Masa Tugas Direksi                               Anggota Direksi Baru
                                                                                                                                                                                                                       Duties & Responsibilities                        Internal Audit Unit According to
                 Proportion of the Number of                  Appointment, Dismissal & Term of                   New Member of the Board of                 I.      Profil Komite Keberlanjutan           444
                                                                                                                                                                                                                                                                        the Charter
                                                              Office for the Board of Directors                  Directors Orientation Program                      Profile of the Sustainability
                 Independent Commissioners
                                                                                                                                                                    Committee                                   III.   Pelaksanaan Tugas Sekretaris        459
                                                                                                                                                                                                                       Perusahaan Tahun 2025                     IV.    Posisi Unit Audit Internal            469
                                                                 Pengangkatan                       400   XI.    Penilaian Kinerja Direksi            406
                                                                                                                                                                                                                       Corporate Secretary Duties                       dalam Perusahaan
    XXVI.        Kriteria Penentuan Komisaris   390              Appointment                                     Performance Evaluation for                 II.     Independensi                          451
                                                                                                                                                                                                                       Implementation in 2025                           Position the Internal Audit Unit
                 Independen                                                                                      the Board of Directors                             Independency
                                                                                                                                                                                                                                                                        Within the Company
                 Criteria for Determining                        Pemberhentian                      400
                 Independent Commissioners                                                                                                                  III.                                                IV.    Tugas & Tanggung Jawab              462
                                                                 Dismissal                                XII. Kepemilikan Saham oleh                 408           Pelatihan dan/atau Peningkatan        452
                                                                                                                                                                                                                       Corporate Communications                  Sistem Pengendalian Internal                 470
                                                                                                                 Anggota Direksi                                    Kompetensi Anggota Komite
                                                                                                                                                                                                                       Corporate Communications Duties           Internal Control System
                                                                                                                 Share Ownership of Members                         Keberlanjutan
                                                                 Masa Tugas                         401                                                                                                                & Responsibilities
    XXVII. Pernyataan Independensi              390
                                                                 Term of Office
                                                                                                                 of The Board of Directors                          Training and/or Competency
                 Statement of Independence                                                                                                                          Improvement of Sustainability                                                                I.     Pengendalian atas Aspek               471
                                                                                                                                                                    Committee Members                           V.     Pelaksanaan Tugas Corporate         463          Keuangan, Operasional &
                                                       V.     Rapat Direksi Tahun 2025
                                                                                                          XIII. Kebijakan Nominasi & Remunerasi       408
                                                                                                    401                                                                                                                Communications Tahun 2025                        Kepatuhan
                                                                                                                 Anggota Dewan Komisaris & Direksi
                                                              Board of Directors Meetings in 2025                                                                                                                      Corporate Communications Duties                  Control of Financial, Operational
    Direksi                                     392                                                              Nomination & Remuneration Policy           IV.     Laporan Pelaksanaan Tugas Komite      452
    Board of Directors                                                                                                                                                                                                 Implementation in 2025                           & Compliance Aspects
                                                                                                                 for Members of the Board of                        Keberlanjutan Tahun 2025
                                                       VI.    Rapat Gabungan Tahun 2025             404          Commissioners & Board of Directors                 Report on the Implementation
                                                              Joint Meetings in 2025                                                                                of Duties of the Sustainability             Unit Audit Internal                        466   II.    Penelaahan atas Efektivitas           471
    I.        Piagam Direksi                    393
                                                                                                          XIV. Prosedur Penetapan Remunerasi          409
                                                                                                                                                                    Committee in 2025                           Internal Audit Unit                                     Sistem Pengendalian Internal
              Board of Directors Charter               VII. Rencana Rapat Tahun 2026                405                                                                                                                                                                 Review of Effectiveness of
                                                                                                                 Remuneration Determination
                                                                                                                                                                                                                                                                        Internal Control System
                                                              2026 Meeting Schedule                              Procedure                                  Sekretaris Perusahaan & Komunikasi            454   I.     Laporan Pelaksanaan Tugas           468
                                                                                                                                                            Corporate Secretary & Communications                       Unit Audit Internal 2025
    II.       Tugas & Tanggung Jawab Direksi    393                                                                                                                                                                    Report on Duties of Internal              III.   Pernyataan Direksi dan/atau           472
              Board of Directors’
                                                       VIII. Peningkatan Kompetensi                 406   XV. Kebijakan Remunerasi                    410
                                                                                                                                                                                                                       Audit Unit in 2025                               Dewan Komisaris atas Sistem
              Duties & Responsibilities
                                                              Competency Improvement                             Berbasis Kinerja                           I.      Struktur Organisasi Sekretaris        457
                                                                                                                                                                                                                                                                        Pengendalian Internal
                                                                                                                 Performance-Based                                  Perusahaan & Komunikasi
                                                                                                                                                                                                                                                                        Statement of the Board of Directors
                                                       IX.    Pendidikan & Pelatihan Direksi        406          Remuneration Policy                                Corporate Secretary &                       II.    Piagam Unit Audit Internal          468
                                                                                                                                                                                                                                                                        and/or Board of Commissioners on
                                                                                                                                                                    Communications Organization                        Internal Audit Unit Charter
    III.      Komite di Bawah Direksi           400           Education & Training for the
                                                                                                                                                                    Structure
                                                                                                                                                                                                                                                                        the Internal Control System
              Committees Below the                            Board of Directors
              Board of Directors




            364 Dewan  Komisaris
                Board of Commissioners                                                392 Direksi
                                                                                          Board of Directors
                                                                                                                                                                   417 Komite  Audit, Risk & Compliance
                                                                                                                                                                       Audit, Risk & Compliance Committee                                     430 Komite Nominasi & Remunerasi
                                                                                                                                                                                                                                                  Nomination & Remuneration Committee




     XVI. Struktur Remunerasi &                  411   IV.    Laporan Pelaksanaan                   428   IV.    Laporan Pelaksanaan Tugas Komite 435
              Besaran Tahun 2025                              Tugas Komite Audit, Risk &                         Nominasi & Remunerasi Tahun 2025           Sistem Manajemen Risiko                       472   III.   Penegakan & Sosialisasi Kode Etik   484   IV.    Tinjauan atas Efektivitas Sistem      494
              Remuneration &                                  Compliance Tahun 2025                              Report on the Implementation of            Risk Management System                                     Code of Conduct                                  Manajemen Antikorupsi
              Amount Structure In 2025                        Report on the Implementation                       Duties of the Nomination &                                                                            Enforcement & Socialization                      System Effectiveness Review
                                                              of Duties of the Audit, Risk &                     Remuneration Committee in 2025                                                                                                                         for Anti-Corruption Management
                                                                                                                                                            I.      Gambaran Umum                         472
                                                              Compliance Committee in 2025                                                                                                                                                                              System
     Komite di Bawah Dewan Komisaris            413                                                                                                                 General Overview                            IV.    Sanksi atas Pelanggaran Kode Etik   485
     Committees Below the Board of                                                                        Komite Project & Investment                 438                                                              Sanctions for Code of Conduct
                                                       Komite Nominasi & Remunerasi                 430   Project & Investment Committee                                                                               Violations                                Sistem Pelaporan Pelanggaran                 494
     Commissioners                                                                                                                                          II.     Tinjauan atas Efektivitas Sistem      481
                                                       Nomination & Remuneration Committee                                                                                                                                                                       Whistleblowing System
                                                                                                                                                                    Manajemen Risiko
                                                                                                          I.     Profil Komite Project & Investment   439           System Effectiveness Review                 Sistem Manajemen Antikorupsi               486
     Komite Audit, Risk & Compliance            417    I.     Profil Komite                         431          Profile of the Project &                                                                       Anti-Corruption Management System                                                             494
     Audit, Risk & Compliance Committee                                                                                                                                                                                                                          I.     Kebijakan Whistleblowing
                                                              Nominasi & Remunerasi                              Investment Committee                       III.    Pernyataan Direksi dan/atau Dewan     481                                                           di Petrosea
                                                              Profile of the Nomination &                                                                           Komisaris atau Komite Audit atas            I.     Kebijakan Sistem Manajemen          486          Whistleblowing Policy at Petrosea
                                                              Remuneration Committee
     I.       Profil Komite Audit,              418                                                       II.    Independensi                         442           Sistem Manajemen Risiko                            Antikorupsi di Petrosea
              Risk & Compliance                                                                                  Independency                                       Statement of the Board of Directors                Anti-Corruption Management
              Profile of the Audit, Risk &             II.    Independensi                          434                                                             and/or Board of Commissioners or                   System Policy at Petrosea                 II.    Pelaporan Pelanggaran                 495
              Compliance Committee                            Independency                                                                                          Audit Committee                                                                                     Whistleblowing
                                                                                                          III.   Pelatihan dan/atau Peningkatan       442
                                                                                                                 Kompetensi Anggota Komite                                                                      II.    Program & Prosedur Sistem           487
                                                       III.   Pelatihan dan/atau Peningkatan        434          Project & Investment                       Kode Etik                                     482          Manajemen Antikorupsi                     III.   Perlindungan bagi Pelapor             496
     II.      Independensi                      427                                                                                                                                                                                                                     Protection for Whistleblowers
                                                              Kompetensi Anggota Komite                          Training and/or Competency                 Code of Conduct                                            Program & Procedure for
              Independency
                                                              Nominasi & Remunerasi                              Improvement of Project &                                                                              Anti-Corruption Management
                                                              Training and/or Competency                         Investment Committee Members               I.      Gambaran Umum                         482
                                                                                                                                                                                                                       System                                    IV.    Perlindungan bagi Terlapor            497
     III.     Pelatihan dan/atau Peningkatan    427           Improvement of Nomination &                                                                           Kode Etik di Petrosea                                                                               Protection for Reported Parties
              Kompetensi Anggota Komite                       Remuneration Committee Members                                                                                                                    III.
                                                                                                          IV.    Laporan Pelaksanaan Tugas Komite     443           General Overview of Code                           Pelatihan & Sosialisasi             492
              Audit, Risk & Compliance                                                                           Project & Investment Tahun 2025                    of Conduct at Petrosea                             Sistem Manajemen
              Training and/or Competency                                                                         Report on the Implementation of                                                                       Antikorupsi Tahun 2025
              Improvement of Audit, Risk &                                                                       Duties of the Project & Investment                                                                    Training & Socialization for
              Compliance Committee Members                                                                                                                  II.     Pokok-Pokok Kode Etik                 483
                                                                                                                 Committee in 2025                                                                                     Anti-Corruption Management
                                                                                                                                                                    Code of Conduct Principles
                                                                                                                                                                                                                       System in 2025




8          PT Petrosea Tbk                                                                                                                                                                                                                                                            PT Petrosea Tbk 9
Page 6
                                                                                                                                                    “
     Laporan Tahunan 2025                                                                                                                                                                  Laporan Tahunan 2025
     Annual Report                                                                                                                                                                                 Annual Report




Daftar Isi
Table of Content


                                                                                                                                                          Akuisisi Hafar, Scan-Bilt, HBS dan MRM
     V.                                                I.                                                                                                  telah menjadi catatan penting dalam


     VI.
             Perlindungan bagi Personel
             yang Terlibat dalam Pengelolaan
             dan Penanganan Laporan yang
             disampaikan Melalui WBS
             Protection for Personnel Involved
             in Managing and Handling Reports
             Submitted Through WBS

             Penanganan Pengaduan
             Whistleblowing Handling
                                                 498




                                                 499
                                                             Pelaksanaan Kebijakan
                                                             Policy Implementation

                                                       Perkara Hukum Material
                                                       Material Litigation

                                                       Sanksi Administratif
                                                       Administrative Sanctions
                                                                                               505



                                                                                               505



                                                                                               505
                                                                                                               Tugas & Tanggung Jawab
                                                                                                               Hubungan Investor
                                                                                                               Investor Relations
                                                                                                               Duties & Responsibilities

                                                                                                               Pelaksanaan Tugas
                                                                                                               Hubungan Investor Tahun 2025
                                                                                                               Investor Relations Duties
                                                                                                               Implementation in 2025
                                                                                                                                              507




                                                                                                                                              508
                                                                                                                                                                perjalanan bisnis Petrosea
                                                                                                                                                        The acquisitions of Hafar, Scan-Bilt, HBS and
                                                                                                                                                         MRM have become important milestones in
                                                                                                                                                                                                           “
                                                                                                                                                               Petrosea’s business journey
                                                       Kebijakan Pemberian Kompensasi          506
                                                       Jangka Panjang Berbasis Kinerja
                                                                                                      II.   Government Relations              509
     VII. Pihak Pengelola Pengaduan              500
                                                       Performance Based Long-Term
                                                                                                            Government Relations
             Whistleblowing Handling Unit
                                                       Compensation Policy
                                                                                                               Tugas & Tanggungjawab          509
     VIII. Hasil Penanganan Pengaduan            504
                                                       Fungsi Pendukung Lainnya                506
                                                                                                               Goverment Relations
             Whistleblowing Handling Results                                                                   Duties & Responsibilities of
                                                       Other Supporting Functions
                                                                                                               Government Relations
     Kebijakan Pengungkapan Kepemilikan          504
                                                       I.    Hubungan Investor                 506
     Saham Oleh Anggota Dewan Komisaris                                                               Penerapan Pedoman Tata Kelola           511
                                                             Investor Relations
     dan/atau Anggota Direksi                                                                         Perusahaan Terbuka
     Policy of Share Ownership Disclosure of                                                          Implementation of Public Company
     Members of the Board of Commissioners                                                            Governance Guidelines
     and/or Board of Directors




           438 Komite  Project & Investment
               Project & Investment Committee                                       444 Komite Keberlanjutan
                                                                                        Sustainability Committee




                                                       06                                                                          07
     Tanggung Jawab                                                                   Laporan Keuangan
     Sosial Lingkungan                                                                Konsolidasian 2025
     Corporate Social                                                                 2025 Consolidated
     Responsibility                                                                   Financial Statements

     516                                                                              620




10        PT Petrosea Tbk                                                                                                                                                                     PT Petrosea Tbk 11
Page 7
     Laporan Tahunan 2025                                                                                                                                                            Laporan Tahunan 2025
     Annual Report                                                                                                                                                                           Annual Report




Penjelasan Tema 2025                                                                                  Kesinambungan Tema
Theme Explanation 2025                                                                                Theme Continuity


                                                                                                         2024       Building Resilient Growth



2025
                                                                                                                    Untuk menjaga terciptanya nilai jangka panjang dan memberikan added value secara berkelanjutan,
                                                                                                                    Petrosea membangun sinergi strategis demi mempertahankan pertumbuhan melalui multidisiplin ilmu
                                                                                                                    terintegrasi yang dimiliki di bidang kontrak pertambangan, rekayasa, pengadaan & konstruksi serta
                                                                                                                    jasa minyak & gas bumi berbekal pengalaman selama lebih dari lima dekade. Pengembangan, ekspansi
                                                                                                                    dan diversifikasi bisnis sepanjang tahun 2024 didukung oleh implementasi sistem governansi korporat,
                                                                                                                    pengelolaan risiko, keselamatan, kesehatan kerja & lingkungan, serta manajemen mutu sebagai tulang


BUSINESS DIVERSIFICATION &
                                                                                                                    punggung dalam memastikan keberlanjutan usaha di masa mendatang.wwW

                                                                                                                    To maintain long-term value creation and provide continuous added value, Petrosea is building


EXPANSION FOR SUSTAINABLE GROWTH
                                                                                                                    strategic synergies in order to sustain growth through integrated multidisciplinary skills in the fields of
                                                                                                                    contract mining, engineering, procurement & construction, as well as oil & gas services with more than
                                                                                                                    five decades of experience. The business development, expansion and diversification throughout
                                                                                                                    2024 has been supported by the implementation of corporate governance, risk management, safety,
                                                                                                                    health & environment, as well as quality management systems as the backbone in ensuring business
                                                                                                                    sustainability in the future.


                                                    Tahun 2025 menjadi tonggak penting bagi
                                                    Petrosea dalam memperluas cakrawala bisnis
                                                    melalui ekspansi bisnis secara organik dan          2023        Business Sustainability
                                                    anorganik. Akuisisi beberapa perusahaan                         Petrosea mengimplementasikan strategi bisnis yang mengedepankan operational excellence dan
                                                    telah memperkuat langkah diversifikasi                          continuous improvement secara berkesinambungan, didukung oleh kombinasi faktor pengelolaan
                                                    ke sektor non-batu bara dan layanan                             risiko dan GCG sebagai tulang punggung dalam memperkuat competitive advantage, serta
                                                                                                                    memastikan business sustainability di masa mendatang.
                                                    pertambangan internasional, serta kapabilitas
                                                    EPCI lepas pantai dan EPC multidisiplin di                      Petrosea implemented a business strategy that prioritized operational excellence and continuous
                                                                                                                    improvement, supported by a combination of risk management and GCG factors as the Company’s
                                                    industri pengolahan kimia. Sinergi dengan
                                                                                                                    backbone in strengthening competitive advantage as well as ensuring business sustainability in the
                                                    grup Petrindo dan penerapan GCG secara                          future.
                                                    konsisten menjadi fondasi kuat pertumbuhan
                                                    berkelanjutan.

                                                    The year 2025 marked a significant milestone
                                                    for Petrosea in expanding its business horizons
                                                                                                         2022       Resurgence for Growth
                                                    through both organic and inorganic growth.
                                                                                                                    Perusahaan mulai menjajaki pengembangan usaha dengan melakukan repositioning menjadi mine
                                                    The acquisition of several companies has
                                                                                                                    owner sebagai langkah strategis untuk terus memberikan added value kepada seluruh pemangku
                                                    strengthened its diversification into non-                      kepentingan. Bertepatan dengan ulang tahun ke-50, Petrosea juga menyambut pemegang saham
                                                    coal sectors, international mining services,                    Utama dan pengendali baru, yaitu Haji Romo Nitiyudo Wachjo melalui PT Caraka Reksa Optima.
                                                    as well as offshore EPCI and multidisciplinary                  The Company began to explore its business deveopment by repositioning itself into a mine owner
                                                    EPC capabilities in the chemical processing                     as a strategic step to continue providing added value to all stakeholders. Coinciding with its 50th
                                                    industry. Synergies with the Petrindo Group,                    Anniversary, Petrosea also welcomed its new main and controlling shareholder, Haji Romo Nitiyudo
                                                                                                                    Wachjo through PT Caraka Reksa Optima.
                                                    supported by the consistent implementation
                                                    of GCG has provided a strong foundation for
                                                    sustainable growth.


                                                                                                         2021
                                                                                                                    Diversification in Sustainability
                                                                                                                    Perusahaan melanjutkan proses diversifikasi dengan menangkap peluang bisnis baru di proyek mineral
Keterangan Foto Sampul / Cover Photo Information:                                                                   sebagai bagian dari penerapan Strategi 3D sambil meningkatkan kinerja ESG.

Kapal milik Hafar                                                                                                   The Company continued the diversification process by seizing new business opportunities in the form of
Ship owned by Hafar                                                                                                 mineral projects as a part of the 3D Strategy implementation while enhancing ESG performance.




12      Laporan Tahunan / Annual Report 2025                                                                                                                                                PT Petrosea Tbk               13
Page 8
     Laporan Tahunan 2025                                            Laporan Tahunan 2025
     Annual Report                                                           Annual Report




“        Dengan fondasi kokoh yang dibangun melalui
         penerapan GCG secara konsisten, Petrosea sukses
         menjalankan pengembangan bisnis organik dan
         anorganik sepanjang tahun 2025 melalui strategi
         diversifikasi dan ekspansi bisnis.
         Akuisisi strategis HBS, Hafar dan Scan-Bilt
         menandai langkah diversifikasi Petrosea ke layanan
         pertambangan emas, EPCI lepas pantai, serta
         construction & civil engineering, melengkapi integrasi
         rantai nilai end-to-end dari hulu hingga hilir, sekaligus
         memperkuat peran Perusahaan dalam mendukung
         sektor pertambangan, energi dan infrastruktur.

         With a solid foundation built on the consistent
         implementation of GCG, Petrosea successfully carried
         out organic and inorganic business development
         throughout 2025 through its diversification and business
         expansion strategies.
         The strategic acquisitions of HBS, Hafar and
         Scan-Bilt mark Petrosea’s diversification into gold
         mining services, offshore EPCI, as well as construction
         & civil engineering, completing end-to-end integration
         of the value chain from upstream to downstream, while
         strengthening the Company’s role in supporting the
                                                               “
         mining, energy and infrastructure sectors.




14     Laporan Tahunan / Annual Report 2025                             PT Petrosea Tbk      15
Page 9
                                                                    01
     Ikhtisar Utama                                                   Ikhtisar Utama
     Main Highlights                                                  Main Highlights
                                                  IKHTISAR UTAMA
                                                  MAIN HIGHLIGHTS




                                              “
            Tahun 2025 menjadi tonggak
            penting bagi Petrosea dalam
            memperluas cakrawala bisnis
            The year 2025 marked a
            significant milestone for
            Petrosea in expanding its
            business horizons




“
16     Laporan Tahunan / Annual Report 2025                         PT Petrosea Tbk     17
Page 10
     Ikhtisar Utama                                                                                                                                                        Ikhtisar Utama
     Main Highlights                                                                                                                                                       Main Highlights




Pencapaian Diversifikasi Bisnis 2025
                                                                                                                                                                Pencapaian Diversifikasi Bisnis 2025
                                                                                                                                                         2025 Business Diversification Achievements


2025 Business Diversification Achievements


Sepanjang tahun 2025, pengembangan             Throughout 2025, organic business                mendukung pengembangan industri                (EPCI) sector to support the development
usaha secara organik dilakukan melalui lini    development was carried out through the          migas lepas pantai sekaligus memperkuat        of the offshore oil and gas industry,
bisnis Jasa Pertambangan dan EPC. Melalui      Mining Services and EPC business lines.          hilirisasi mineral dan migas nasional.         while also reinforcing the national
kedua lini bisnis utama ini, Petrosea telah    Through these two main business lines,                                                          downstreaming of minerals and oil & gas.
mencatatkan pertumbuhan aktivitas usaha        Petrosea recorded growth in
dan berhasil meningkatkan backlog secara       operational activities and achieved a            Melalui grup HBS, Petrosea juga                Through HBS group, Petrosea also
signifikan. Pencapaian ini turut mendorong     significant increase in backlog. These           memperluas cakupan layanan jasa                broadened its mining services coverage
perluasan basis klien di kedua sektor          accomplishments also supported the               pertambangan serta berbagai layanan            as well as various supporting services
tersebut yang menjadi pondasi yang kuat        expansion of the client base in both             pendukung lainnya ke pasar internasional,      to international markets, particularly in
dalam memastikan pertumbuhan jangka            sectors, forming a solid foundation to           khususnya di Papua Nugini yang                 Papua New Guinea which is part of the
panjang. Pengembangan usaha secara             ensure long-term growth. This organic            merupakan bagian dari kawasan Oseania.         Oceania region. This strategic move has
organik ini semakin menjadikan Perusahaan      business development further has                 Langkah strategis ini memperkuat posisi        strengthened the Company’s position in
sebagai mitra layanan usaha bagi seluruh       strengthened the Company’s position as           Perusahaan dalam memperluas portfolio          expanding its business portfolio beyond
klien, baik yang baru maupun yang telah        a trusted business partner for all clients,      usaha ke sektor non-batu bara, termasuk        the coal sector, including into gold
ada.                                           both new and existing.                           mineral emas.                                  minerals.

Pengembangan usaha secara anorganik            Inorganic business development was               Melalui Scan-Bilt Pte. Ltd, Petrosea           Through Scan-Bilt Pte.Ltd, Petrosea
dilakukan melalui strategi diversifikasi       carried out through a diversification            menyediakan layanan di bidang plant            provides service in plant civil engineering
dengan menerapkan tiga langkah                 strategy executed in three strategic             civil engineering construction dan             construction and maintenance for the
strategis. Pertama, yaitu dengan               steps. First, diversifying into the non-coal     maintenance work untuk industri                chemical processing and onshore oil & gas
mendiversifikasi ke sektor non-coal            sector by strengthening its engineering,         pengolahan kimia serta migas onshore dan       industries, while positioning Scan-Bilt as
dengan memperkuat kemampuan                    procurement and construction                     menjadikan Scan-Bilt sebagai business          a business hub for expanding operations
rekayasa, pengadaan dan konstruksi             capabilities, as well as offshore installation   hub bagi ekspansi bisnis ke wilayah pasar      into the Asia Pacific and Oceania market.
serta instalasi lepas pantai (EPCI offshore)   (offshore EPCI) through the completion           Asia Pasifik dan Oseania.
melalui penyelesaian akuisisi Hafar dan        of the acquisition of Hafar and its
anak usahanya. Kedua, yaitu dengan             subsidiaries. Second, diversifying into          Selain itu, melalui anak usahanya, yaitu       In addition, through its subsidiary, namely
mendiversifikasi ke jasa pertambangan          gold and mineral mining services, including      PT Petrosea Infrastruktur Nusantara,           PT Petrosea Infrastruktur Nusantara,
emas dan mineral, termasuk melakukan           expanding into Papua New Guinea as               Perusahaan melakukan penyetoran                the Company subscribed to new shares
ekspansi ke Papua Nugini sebagai               part of the Asia Pacific region through the      saham baru atas 40% saham PT Maha              representing 40% shares in PT Maha
bagian dari wilayah Asia Pasifik dengan        completion of the acquisition of HBS and         Raja Mineral, sebuah perusahaan terbatas       Raja Mineral, a limited liability company
penyelesaian akuisisi HBS dan anak             its subsidiaries. Third, by developing           yang bergerak di bidang perdagangan            engaged in the trading of coal, nickel and
usahanya. Ketiga, dengan pengembangan          EPC capabilities in the chemical                 komoditas batu bara, nikel dan bijih besi di   iron commodities in Indonesia.
EPC multidisiplin di industri pengolahan       processing industry through the                  Indonesia.
kimia melalui akuisisi Scan-Bilt.              acquisition of Scan-Bilt.
                                                                                                Sementara itu, pengembangan usaha juga         Meanwhile, business development
Melalui PT Hafar Daya Konstruksi dan           Through PT Hafar Daya Konstruksi                 terus diperkuat melalui sinergi dengan         continued to be strengthened through
PT Hafar Daya Samudera (grup Hafar),           and PT Hafar Daya Samudera (Hafar                beberapa anak usaha dari grup Petrindo,        synergies with several subsidiaries of
Petrosea kini memiliki kapabilitas baru        group), Petrosea has now acquired                yaitu dengan menandatangani sejumlah           the Petrindo Group by signing a number
di bidang Engineering, Procurement,            new capabilities in the Engineering,             perjanjian jasa pertambangan & EPC             of mining service & EPC agreements,
Construction & Installation (EPCI) guna        Procurement, Construction & Installation         sebagai wujud nyata dukungan ekspansi          representing a tangible step in the
                                                                                                Perusahaan ke wilayah Kalimantan Tengah.       Company’s expansion into the Central
                                                                                                                                               Kalimantan region.




18     Laporan Tahunan / Annual Report 2025                                                                                                                            PT Petrosea Tbk           19
Page 11
     Ikhtisar Utama                                                                                                   Ikhtisar Utama
     Main Highlights                                                                                                  Main Highlights




Pencapaian Diversifikasi Bisnis 2025
2025 Business Diversification Achievements




                                              OFFSHORE OIL & GAS EPCI

                                              Hafar adalah grup bisnis minyak dan gas lepas pantai yang menyediakan layanan
                                              Rekayasa, Pengadaan, Konstruksi & Instalasi (EPCI), dengan fokus pada instalasi
                                              pipa dan peralatan bawah laut, serta memiliki armada kapal. Saat ini, Hafar
                                              menyediakan layanan EPCI dan layanan kelautan untuk beberapa pemain migas
                                              utama di Asia Tenggara, termasuk Pertamina, Petronas dan Freeport Indonesia.

                                              Hafar is an offshore oil and gas business group that provides Engineering,
                                              Procurement, Construction & Installation (EPCI) services, focusing on pipeline
                                              and subsea equipment installation while owning a fleet of vessels. Currently, Hafar
                                              provides EPCI and marine services to several major oil & gas players in Southeast
                                              Asia, including Pertamina, Petronas and Freeport Indonesia.



                                                         PT HAFAR DAYA KONSTRUKSI
                                                         Menyediakan layanan offshore pipelaying, subsea segment pipe
                                                         replacement, shore-pull, PLEM installation, calm Buoy (SPM) installation,
                                                         platform riser-repair/replacement dan pre-trenching & post-trenching
                                                         Provides offshore pipelaying, subsea segment pipe replacement, shore-
                                                         pull, PLEM installation, calm Buoy (SPM) installation, platform riser-repair/
                                                         replacement and pre-trenching & post-trenching




                                                         PT HAFAR CAPITOL NUSANTARA
                                                         Menyediakan layanan pipelaying barge, anchor handling tugs dan
                                                         pontoon barge
                                                         Provides pipelaying barge, anchor handling tug and pontoon barge
                                                         services




                                                         PT HAFAR DAYA SAMUDERA
                                                         Menyediakan layanan pelayaran berlisensi dan pengoperasian crew boat,
                                                         coastal tug, material barge, general barge dan shallow water dredger
                                                         Provides licensed shipping services and operates crew boats, coastal tugs,
                                                         material barges, general barges and shallow-water dredgers




20     Laporan Tahunan / Annual Report 2025                                                                        PT Petrosea Tbk       21
Page 12
     Ikhtisar Utama                                                                                                                                    Ikhtisar Utama
     Main Highlights                                                                                                                                   Main Highlights




Pencapaian Diversifikasi Bisnis 2025
2025 Business Diversification Achievements




GOLD & MINERAL MINING SERVICES

Grup HBS—yang terdiri dari HBS PNG Pty. Limited, Hidden Valley Contractors Ltd.,   The HBS Group—comprising HBS PNG Pty. Limited, Hidden Valley Contractors
HBS Plant Hire Ltd. dan HBS Solomon Islands Limited—telah beroperasi di Papua      Ltd., HBS Plant Hire Ltd. and HBS Solomon Islands Limited— has been operating in
Nugini sejak tahun 2006. Grup ini menyediakan penyewaan alat berat dan peralatan   Papua New Guinea since 2006. The Group provides mobile plant and equipment
bergerak, jasa pertambangan, perdagangan mesin berat, peralatan, kendaraan dan     hire, mining services, the trading of new and used heavy machinery, equipment,
suku cadang baru dan bekas, serta penyewaan mesin konstruksi dan teknik sipil      vehicles and spare parts, as well as the rental of construction and civil engineering
serta alat berat untuk sektor pertambangan, konstruksi dan alat berat.             machinery and mobile plant for the mining, construction and heavy equipment
                                                                                   sectors.
Melalui HBS, Petrosea telah mendiversifikasi bisnisnya ke pasar geografis baru,
termasuk pertambangan emas, untuk memperkuat keunggulan strategisnya dan           Through HBS, Petrosea has diversified its business into new geographical markets,
mendukung horizon investasi jangka panjangnya.                                     including gold mining, to strengthen its strategic advantage and support its long-
                                                                                   term investment horizon.



22     Laporan Tahunan / Annual Report 2025                                                                                                         PT Petrosea Tbk      23
Page 13
     Ikhtisar Utama                                                                     Ikhtisar Utama
     Main Highlights                                                                    Main Highlights




Pencapaian Diversifikasi Bisnis 2025
2025 Business Diversification Achievements




EPC FOR OIL & GAS AND CHEMICAL PROCESSING INDUSTRY

Akuisisi 60% saham di Scan-Bilt Pte. Ltd. merupakan langkah signifikan dalam
strategi diversifikasi Petrosea, baik melalui pengembangan kemampuan EPC
multidisiplin di industri pengolahan kimia maupun melalui ekspansi geografis ke
wilayah Asia-Pasifik dan Oseania, khususnya di sektor minyak & gas.

Didirikan di Singapura pada tahun 1990, Scan-Bilt membawa pengalaman luas
dan rekam jejak yang panjang dalam konstruksi multidisiplin dan teknik sipil,
mendukung berbagai proyek strategis untuk industri pengolahan minyak & gas
darat, konstruksi pabrik kimia dan terminal tangki, serta fasilitas pembangkit
listrik. Ke depannya, Petrosea akan mengembangkan Scan-Bilt sebagai
business hub untuk mendukung ekspansi bisnisnya di masa mendatang.


The acquisition of 60% of shares in Scan-Bilt Pte. Ltd. represents a significant
step in Petrosea’s diversification strategy, both through the development of
multidisciplinary EPC capabilities in the chemical processing industry and through
geographic expansion into the Asia–Pacific and Oceania region, particularly in the
oil & gas sector.

Established in Singapore in 1990, Scan-Bilt brings extensive experience and a
longstanding track record in multidisciplinary construction and civil engineering,
supporting a wide range of strategic projects for the onshore oil & gas processing
industry, chemical plant and tankage terminal construction, as well as power
generation facilities. Going forward, Petrosea will develop Scan-Bilt as a business
hub to support its future business expansion.




24     Laporan Tahunan / Annual Report 2025                                           PT Petrosea Tbk     25
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     Ikhtisar Utama                                                                                                                                               Ikhtisar Utama
     Main Highlights                                                                                                                                              Main Highlights




Pengantar Ikhtisar Keuangan & Operasional
                                                                                                                                                                  Pengantar Ikhtisar Utama
                                                                                                                                                                  Main Highlights Overview


Introduction to Financial & Operational Highlights


Dari sisi pencapaian kinerja keuangan          From the perspective of financial             Lini bisnis baru, EPCI migas lepas pantai    The new offshore oil & gas EPCI business
untuk tahun buku 2025, meskipun terus          performance achievement for the 2025          mencatatkan perolehan pendapatan             line recorded revenue of US$32.87 million
menghadapi berbagai tantangan,                 fiscal year, despite facing ongoing           sebesar US$32,87 juta pada tahun 2025,       in 2025, contributing 3,71% to the total
dinamika geopolitik, serta volatilitas harga   challenges, geopolitical dynamics,            memberikan kontribusi sebesar 3,71%          revenue of the Company.
komoditas, Petrosea kembali mencatatkan        as well as commodity price volatility,        terhadap total pendapatan Perusahaan.
peningkatan total pendapatan usaha             Petrosea once again recorded a total
menjadi sebesar US$886,46 juta,                revenue increase of US$886.46 million,        Sementara itu, Lini bisnis Jasa Logistik     Meanwhile, the Logistics & Support
meningkat 28,32% dibandingkan                  up 28.32% compared to US$690,81 million       & Pendukung mencatatkan perolehan            Services business line recorded revenue of
US$690.81 juta pada tahun 2024. Total          in 2024. The total value of contracts on      pendapatan sebesar US$30,07 juta,            US$30.07 million, representing a 13.17%
nilai perolehan kontrak (backlog) pada         hand (backlog) at the end of the year was     menurun 13,17% dibandingkan dengan           decrease compared to the previous year.
akhir tahun tercatat sebesar Rp74,49 triliun   recorded at Rp74.49 trillion (US$4.44         tahun sebelumnya. Lini bisnis ini            This business line contributed 3.39% to the
(US$4,44 miliar), mencerminkan soliditas       billion), reflecting the solid growth of      memberikan kontribusi sebesar 3,39%          Company’s total revenue.
pertumbuhan usaha Petrosea di tahun            Petrosea’s business in 2025.                  terhadap total pendapatan Perusahaan.
2025.
                                                                                             Perusahaan juga membukukan laba bersih       The Company also recorded a net
Lini bisnis Jasa Pertambangan                  The Mining Services business line recorded    sebesar US$35,01 juta, meningkat sebesar     profit of US$35.01 million, a 251.75%
mencatatkan perolehan pendapatan               revenue of US$389.25 million, a 34.15%        251,75% dibandingkan US$9,95 juta pada       increase compared to US$9.95 million
sebesar US$389,25 juta, meningkat              increase compared to the previous             tahun sebelumnya. Sementara itu, laba        in the previous year. Meanwhile, profit
34,15% dibandingkan dengan tahun               year. The Mining Services business line       yang dapat diatribusikan kepada pemilik      attributable to the owners of the company
sebelumnya. Lini bisnis Jasa Pertambangan      contributed 43.91% to the Company’s           entitas induk meningkat sebesar 197,02%      increased by 197.02% in 2025 to US$28.81
memberikan kontribusi sebesar 43.91%           total revenue. Total overburden removal       pada tahun 2025 menjadi US$28,81 juta        million from US$9.70 million in 2024.
terhadap total pendapatan Perusahaan.          volume increased by 26.7% year-on-year,       dari US$9,70 juta pada tahun 2024.
Total volume pengupasan lapisan tanah          from 106.65 million BCM to 135.22 million
penutup meningkat sebesar 26,7% year-          BCM for coal projects, while total material   Dalam pelaksanaan good corporate             In the implementation of good corporate
on-year menjadi 135,22 juta BCM dari           movement for mineral projects reached         governance, Petrosea kembali berhasil        governance (GCG), Petrosea once again
106,65 juta BCM untuk proyek batu bara,        7.7 million BCM, up from 857 thousand         mencatatkan predikat “Sangat Baik”           achieved an “Very Good” rating for its
sedangkan total material movement untuk        BCM. Coal production also increased from      dalam hal pelaksanaan GCG, dengan            GCG practices, with a score above the
proyek mineral menjadi 7,7 juta BCM dari       17.99 million tons to 19.18 million tons.     mencapai skor di atas rata-rata              average of Big Cap 100 listed companies
857 ribu BCM. Produksi batu bara juga                                                        Big Cap 100 perusahaan tercatat di Bursa     on the Indonesia Stock Exchange (IDX),
mengalami peningkatan dari 17,99 juta ton                                                    Efek Indonesia (BEI) berdasarkan penilaian   based on an independent assessment.
menjadi 19,18 juta ton.                                                                      yang dilakukan oleh pihak independen dan     The Company is also fully categorized as a
                                                                                             secara penuh masuk ke dalam kategori big     big capitalization company on the IDX.
Sedangkan lini bisnis EPC mencatatkan          Meanwhile, the EPC business line recorded     capitalization company di BEI.
perolehan pendapatan sebesar                   revenue of US$379.75 million, a 26.93%
US$379,75 juta, meningkat 26,93%               increase compared to the previous year.
dibandingkan dengan tahun sebelumnya.          The EPC business line contributed 42.84%
Lini bisnis EPC memberikan kontribusi          to the Company’s total revenue.
sebesar 42,84% terhadap total
pendapatan Perusahaan.




26     Laporan Tahunan / Annual Report 2025                                                                                                                    PT Petrosea Tbk        27
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            Ikhtisar Utama                                                                                                                                                          Ikhtisar Utama
            Main Highlights                                                                                                                                                         Main Highlights




       Ikhtisar Keuangan & Operasional
       Financial & Operational Highlights




Jasa Pertambangan                                    Total Pendapatan                                 Laba Tahun Berjalan                                    Produksi Batu bara
Mining Services                                      Total Revenue                                    Net Profit for the Year                                Jasa Pertambangan
Kontribusi terbesar terhadap                                                                                                                                 Coal Production from
                                                                                                                                                             Mining Services
pendapatan Petrosea berasal dari lini
bisnis Jasa Pertambangan sebesar
43,91%, disusul lini bisnis EPC sebesar
42,84% dan lini bisnis baru EPCI
migas lepas Pantai sebesar 3,71%.
                                                                         886,46                                                       35,01                                             19,18
                                                                         Juta US$/Million US$                                   Juta US$/Million US$                             Juta Ton/Million Tons
The largest contribution to Petrosea’s
revenue came from the Mining                         2024               2023                          2024                     2023                          2024                2023
Services business line at 43.91%,
followed by the EPC business line at                 690,81             577,62                        9,95                     12,44                         17,99               17,07
42.84%, and the new Offshore Oil &
Gas EPCI business line at 3.71%.




                                                     Laba per Saham Dasar                             Volume Pengupasan                                      Laba yang dapat
Produksi                                             Basic Earnings per Share                         Lapisan Tanah Penutup                                  Diatribusikan kepada
                                                                                                      Jasa Pertambangan                                      Pemilik Entitas Induk
Batu Bara CEP                                                                                         Overburden Removal Volume                              Profit Attributable to Owners
CEP Coal Production                                                                                   from Mining Services                                   of the Company




1.193,85
Ribu Ton/Thousand Tons
                                                                        0,0029
                                                                                         US$
                                                                                                                                  135,22
                                                                                                                               Juta BCM/Million BCM
                                                                                                                                                                                        28,81
                                                                                                                                                                                 Juta US$/Million US$


                                                     2024               2023                          2024                     2023                          2024                2023

                                 1.353,71
                                                     0,0010*            0,0123
2024
                                                                                                      106,65                   130,68                        9,70                12,20
2023                              250,85




                                                                                                Keterangan / Notes:
                                                                                                *   Saham beredar yang disesuaikan setelah pemecahan saham
                                                                                                    Adjusted outstanding share after stock split



       28     Laporan Tahunan / Annual Report 2025                                                                                                                            PTPT
                                                                                                                                                                                Petrosea
                                                                                                                                                                                   Petrosea
                                                                                                                                                                                         TbkTbk 2929
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     Ikhtisar Utama                                                                                                                                                                                Ikhtisar Utama
     Main Highlights                                                                                                                                                                               Main Highlights




Ikhtisar Kinerja Keuangan Tahun 2025
                                                                                                                                                                                     Ikhtisar Kinerja Keuangan Tahun 2025
                                                                                                                                                                                    2025 Financial Performance Highlights


2025 Financial Performance Highlights


Laporan Posisi Keuangan Konsolidasian                                                           Laporan Laba Rugi Dan Penghasilan Komprehensif Lainnya
Consolidated Statements of Financial Position                                                   Consolidated Statements of Profit or Loss and other Comprehensive Income

                                                              dalam juta US$ / in US$ million                                                                                                dalam juta US$ / in US$ million



                        Keterangan                                                                                        Keterangan
                                                2025       2024               2023                                                                                   2025               2024                 2023
                         Description                                                                                       Description


 Jumlah Aset Lancar                                                                               Pendapatan
                                                 558,88    356,20                 315,72                                                                               886,46             690,81                577,62
 Total Current Asset                                                                              Revenues


 Jumlah Aset Tidak Lancar                                                                         Beban Usaha Langsung
                                                1.024,00    511,07               412,23                                                                              (774,23)           (600,52)               (495,51)
 Total Non Current Asset                                                                          Direct Cost


 Jumlah Aset                                                                                      Laba Kotor
                                                1.582,88   867,27                727,95                                                                                 112,23            90,29                   82,11
 Total Assets                                                                                     Gross Profit


 Jumlah Liabilitas Jangka Pendek                                                                  Laba Sebelum Pajak
                                                 438,47    228,25                 271,99                                                                                39,28               7,87                 16,05
 Total Current Liabilities                                                                        Profit Before Tax


 Jumlah Liabilitas Jangka Panjang                                                                 Manfaat (Beban) Pajak Penghasilan - Bersih
                                                 836,95    389,27                220,32                                                                                 (4,27)             2,08                   (3,61)
 Total Non Current Liabilities                                                                    Income Tax Benefit (Expense) - Net


 Jumlah Liabilitas                                                                                Laba yang dapat Diatribusikan Kepada Pemilik Entitas Induk
                                                1.275,42    617,52               492,32                                                                                  28,81              9,70                 12,20
 Total Liabilities                                                                                Profit Attributable to Owners of the Company


 Jumlah Ekuitas                                                                                   Laba yang dapat Diatribusikan kepada
                                                 307,46    249,75                235,63
 Total Equity                                                                                     Kepentingan Non Pengendali                                             6,20               0,25                  0,24
                                                                                                  Profit Attributable to Non Controlling Interest


                                                                                                  Jumlah Penghasilan Komperhensif yang dapat
                                                                                                  Diatribusikan kepada Pemilik Entitas Induk
                                                                                                                                                                        23,65               8,66                  13,58
                                                                                                  Total Comprenhensive Income Attributable to
                                                                                                  Owners of Company


                                                                                                  Jumlah Penghasilan Komperhensif yang dapat
                                                                                                  Diatribusikan Kepada Kepentingan Non Pengendali
                                                                                                                                                                           6,2             0, 25                  0,24
                                                                                                  Total Comprenhensive Income Attributable to
                                                                                                  Non Controlling Interest



                                                                                                  Laba Per Saham Dasar
                                                                                                                                                                      0,0029            0,0010*                 0,0123
                                                                                                  Basic Earnings Per Share



                                                                                                Catatan/Notes:
                                                                                                * Saham beredar disesuaikan setelah pemecahan saham / Adjusted outstanding share after stock split




30     Laporan Tahunan / Annual Report 2025                                                                                                                                                 PT Petrosea Tbk                31
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     Ikhtisar Utama                                                                                                                                                                                       Ikhtisar Utama
     Main Highlights                                                                                                                                                                                      Main Highlights




Pendapatan Usaha Per Lini Bisnis                                                                                                Laporan Arus Kas Konsolidasian
Revenue Per Business Line                                                                                                       Consolidated Statements of Cash Flows
                                                                                              dalam juta US$ / in US$ million                                                                      dalam juta US$ / in US$ million



                                                  Pendapatan Per Lini Bisnis                                                                             Keterangan
                                                                                                                                                                                      2025      2024               2023
                                                     Revenue Business Line                                                                                Description


                                                                                     % dari Total                                Kas dan Setara Kas Awal Tahun
                                                                                                         Pertumbuhan/                                                                  114,92    72,99                  61,76
             Keterangan                                                              Pendapatan                                  Cash and Cash Equivalents at Beginning of the Year
             Description
                                         2025            2024          2023                                 Growth
                                                                                     % from Total
                                                                                                         2025-2024(%)
                                                                                      Revenue
                                                                                                                                 Pengaruh Perubahan Kurs Valuta Asing
                                                                                                                                 atas Kas dan Setara Kas
                                                                                                                                                                                       (3,67)    (2,69)                  1,35
     Jasa Pertambangan                                                                                                           Effect of Changes in Foreign Exchange Rates
                                         389,25          290,15       364,15              43,91%                 34,15%
     Mining Services                                                                                                             on Cash and Cash Equivalents


     Rekayasa, Pengadaan                                                                                                         Kas dan Setara Kas Akhir Tahun
                                                                                                                                                                                       72,03     114,92                72,99
     & Konstruksi                                                                                                                Cash and Cash Equivalents at End of the Year
                                         379,75          299,17       162,86              42,84%                26,93%
     Engineering, Procurement
     & Construction


     EPCI Migas Lepas Pantai
                                          32,87               -              -              3,71%                 100%          Rasio Keuangan
     Offshore Oil & Gas EPCI
                                                                                                                                Financial Ratio
     Jasa Logistik & Pendukung
                                         30,07           34,63        40,36                3,39%                (13,17%)
     Logistics & Support Services
                                                                                                                                                         Keterangan
                                                                                                                                                                                      2025      2024               2023
     Lain-lain                                                                                                                                            Description
                                           2,51            2,69         2,57               0,28%                 (6,51%)
     Others
                                                                                                                                 Rasio Laba terhadap Aset (%)
                                                                                                                                                                                         2,21      1,15                   1,71
     Penjualan Batu Bara                                                                                                         Return on Assets (%)
                                          52,01           64,17         7,68               5,87%               (18,95%)
     Coal Sales
                                                                                                                                 Rasio Laba terhadap Ekuitas (%)
                                                                                                                                                                                        11,39     3,98                   5,28
     Total                               886,46         690,81        577,62            100,00%                 28,32%           Return on Equity (%)


                                                                                                                                 Rasio Laba terhadap Pendapatan (%)
                                                                                                                                                                                        3,95      1,44                    2,15
                                                                                                                                 Net Profit Margin (%)

Laporan Arus Kas Konsolidasian
                                                                                                                                 Rasio Lancar (x)
Consolidated Statements of Cash Flows                                                                                                                                                    1,27      1,56                   1,16
                                                                                              dalam juta US$ / in US$ million    Current Ratio (x)


                                                                                                                                 Rasio Liabilitas terhadap Ekuitas (x)
                                                                                                                                                                                         2,76      1,59                  1,06
                           Keterangan                                                                                            Debt to Equity Ratio (x)
                                                                        2025              2024                2023
                           Description
                                                                                                                                 Rasio Liabilitas terhadap Jumlah Aset (x)
                                                                                                                                                                                         0,81      0,71                 0,68
 Kas Bersih Diperoleh dari Aktivitas Operasi                                                                                     Liabilities to Total Assets Ratio (x)
                                                                             48,15          27,94                 107,77
 Net Cash Provided by Operating Actvities
                                                                                                                                 Interest Coverage Ratio (million US$)                   1,18      1,49                   1,78
 Kas Bersih digunakan untuk Aktivitas Investasi
                                                                       (495,02)           (129,47)              (156,98)
 Net Cash Used in Investing Actvities
                                                                                                                                 Debt Service Coverage Ratio (million US$)              0,20      0,27                  0,43

 Kas Bersih Diperoleh dari Aktivitas Pendanaan
                                                                         407,65             146,15                59,09
 Net Cash Provided by Financing Activities


 (Penurunan) Kenaikan Bersih Kas dan Setara Kas
                                                                         (39,22)            44,63                   9,88
 Net (Decrease) Increase in Cash and Cash Equivalents




32       Laporan Tahunan / Annual Report 2025                                                                                                                                                      PT Petrosea Tbk               33
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       Ikhtisar Utama                                                                                 Ikhtisar Utama
       Main Highlights                                                                                Main Highlights



Ikhtisar Kinerja Keuangan Tahun 2025
2025 Financial Performance Highlights




     Pendapatan                                         Jumlah Laba yang Dapat Diatribusikan
     Revenues                                           kepada Pemilik Entitas Induk
                                                        Profit Attributable to the Owners
                                                        of the Company


                   577,62    690,81      886,46                       12,20     9,70      28,81




     juta US$                                           juta US$
     million US$                                        million US$



                    2023        2024      2025                         2023     2024       2025




     Laba Per Saham Dasar                               Jumlah Aset
     Basic Earnings Per Share                           Total Assets




                   0,0123   0,0010*      0,0029                       727,95   867,27    1.582,88




   juta US$                                             juta US$
   million US$                                          million US$



                    2023        2024      2025                         2023     2024       2025




Catatan/Notes:
* Saham beredar disesuaikan setelah pemecahan saham /
Adjusted outstanding share after stock split




     Jumlah Liabilitas                                  Jumlah Ekuitas
     Total Liabilities                                  Total Equity




                   492,32    617,52     1.275,42                      235,63   249,75     307,46




   juta US$                                             juta US$
   million US$                                          million US$



                    2023        2024      2025                         2023     2024       2025




34         Laporan Tahunan / Annual Report 2025                                                     PT Petrosea Tbk     35
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     Ikhtisar Utama                                                                                                                                                                        Ikhtisar Utama
     Main Highlights                                                                                                                                                                       Main Highlights




Ikhtisar Kinerja Operasional 2025
                                                                                                                                                                             Ikhtisar Kinerja Operasional Tahun 2025
                                                                                                                                                                           2025 Operational Performance Highlights


2025 Operational Performance Highlights


Pada tahun 2025, pencapaian                                      in 2025, operational performance               Kinerja Jasa Pertambangan                     Mining Services Performance
kinerja operasional di lini bisnis Jasa                          achievements in the Mining Services
                                                                                                                Petrosea senantiasa memastikan                Petrosea consistently ensures the
Pertambangan tumbuh dibandingkan                                 business line grow compared to the
                                                                                                                terlaksananya sustainable growth of           sustainable growth of production at its
tahun sebelumnya, dimana total volume                            previous year, with total overburden
                                                                                                                production dari proyek jasa pertambangan      mining service projects for Kideco Jaya
pengupasan tanah penutup meningkat                               removal volume increased by 26.7%
                                                                                                                untuk Kideco Jaya Agung dan Kartika           Agung and Kartika Selabumi Mining.
sebesar 26,7% year-on-year dari 106,65                           year-on-year, from 106.65 million BCM
                                                                                                                Selabumi Mining. Sebagai catatan              As a key milestone of its non-coal
juta BCM menjadi 135,22 juta BCM untuk                           to 135.22 million BCM for coal projects,
                                                                                                                penting dari strategi diversifikasi ke        diversification strategy, Petrosea signed a
proyek batu bara, sedangkan total material                       while total material movement for mineral
                                                                                                                non-coal, Petrosea menandatangani             nickel mining services project with
movement untuk proyek mineral mencapai                           projects reached 7.7 million BCM, up from
                                                                                                                proyek jasa pertambangan nikel untuk          PT Vale Indonesia, providing mining and ore
7,7 juta BCM dari 857 ribu BCM. Produksi                         857 thousand BCM. Coal production also
                                                                                                                PT Vale Indonesia dengan menyediakan          transportation services at the Bahodopi
batu bara juga mengalami peningkatan dari                        increased from 17.99 million tons to 19.18
                                                                                                                jasa pertambangan dan pengangkutan            Block 2 and 3 located in Morowali, Central
17,99 juta ton menjadi 19,18 juta ton.                           million tons.
                                                                                                                material bijih nikel di Blok Bahodopi 2 dan   Sulawesi. Therefore, to date, Petrosea has
                                                                                                                3 yang berlokasi di Morowali, Sulawesi        undertaken two nickel mining projects in
Pencapaian kinerja operasional dari                              The operational performance
                                                                                                                Tengah. Sehingga sampai dengan saat ini,      Indonesia.
lini bisnis EPC diperoleh melalui                                achievements of the EPC business line
                                                                                                                Petrosea sudah mengerjakan dua proyek
pelaksanaan proyek strategis dari klien                          were driven by the execution of strategic
                                                                                                                pertambangan nikel di Indonesia.
utama Perusahaan, yaitu PT Freeport                              projects for the Company’s key clients,
Indonesia, BP Berau Ltd. dan PT Valey                            namely PT Freeport Indonesia, BP Berau
                                                                                                                Sampai dengan akhir tahun 2025, lini          By the end of 2025, Petrosea’s Mining
Indonesia. Selain itu, Perusahaan juga                           Ltd. and PT Vale Indonesia. In addition,
                                                                                                                bisnis Jasa Pertambangan Petrosea telah       Services business line signed four coal
menandatangani perjanjian pelaksanaan                            the Company signed a limited notice to
                                                                                                                menandatangani empat perjanjian jasa          mining service agreements across Central
awal guna memberikan jasa layanan                                proceed to provide EPC (Engineering,
                                                                                                                pertambangan batu bara yang tersebar          Kalimantan, East Kalimantan and South
EPC (Engineering, Procurement &                                  Procurement & Construction) services
                                                                                                                di wilayah Kalimantan Tengah, Kalimantan      Sumatra, as well as one nickel mining
Construction) untuk Reko Diq Mining                              to Reko Diq Mining Company (Private)
                                                                                                                Timur dan Sumatera Selatan, serta satu        service agreement in Central Sulawesi,
Company (Private) Limited, sebuah                                Limited, one of the world’s largest copper
                                                                                                                perjanjian jasa pertambangan nikel di         with the following details:
perusahaan pertambangan tembaga dan                              and gold mining companies located
                                                                                                                wilayah Sulawesi Tengah, dengan rincian
emas terbesar di dunia yang berlokasi di                         in Pakistan. This achievement reflects
                                                                                                                sebagai berikut:
Pakistan. Pencapaian ini merupakan bukti                         the Company’s diversification beyond
diversifikasi ke luar Indonesia dan ekspansi                     Indonesia and its expansion into the Asia
                                                                                                                1. Perjanjian jasa pertambangan nikel         1.   Nickel mining services agreement with
ke wilayah Asia Pasifik.                                         Pacific region.
                                                                                                                   dengan PT Vale Indonesia di Sulawesi            PT Vale Indonesia in Central Sulawesi,
                                                                                                                   Tengah senilai Rp16 triliun atau setara         valued at Rp16 trillion, equivalent to
                                                                                                                   dengan US$1 miliar dan estimasi                 US$1 billion , with an estimated nickel
                                  VOLUME LAPISAN TANAH PENUTUP                                                     produksi nikel sebesar 117 juta ton,            production of 117 million tons, valid until
                                      OVERBURDEN VOLUME                                                            yang berlaku sampai dengan                      31 December 2034
                                                                                                                   31 Desember 2034
                                                                                                                2. Kontrak pekerjaan jasa pengupasan          2. Overburden stripping and removal


     135,22                               106,65                                  130,68
                                                                                                                   dan pemindahan lapisan tanah penutup          services contract with PT Barasentosa
                                                                                                                   batu bara dengan PT Barasentosa               Lestari in South Sumatra,valued at
                                                                                                                   Lestari di Sumatera Selatan senilai           Rp3.5 trillion, equivalent to US$216
         juta BCM / million BCM               juta BCM / million BCM                   juta BCM / million BCM
                                                                                                                   Rp3,5 triliun atau setara dan US$216          milllion with an estimated overburden
                                                                                                                   juta dengan estimasi produksi lapisan         volume of 94 million BCM, valid until
 2025                                  2024                                    2023                                tanah penutup sebesar                         31 December 2029
                                                                                                                   94 juta BCM, yang berlaku sampai
                                                                                                                   dengan 31 Desember 2029



36      Laporan Tahunan / Annual Report 2025                                                                                                                                          PT Petrosea Tbk           37
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     Ikhtisar Utama                                                                                                                                                   Ikhtisar Utama
     Main Highlights                                                                                                                                                  Main Highlights



Ikhtisar Kinerja Operasional Tahun 2025                                                                                                                 Ikhtisar Kinerja Operasional Tahun 2025
2025 Operational Performance Highlights                                                                                                               2025 Operational Performance Highlights




3. Perjanjian jasa pertambangan batu            3. Coal mining services agreement with        tersebut mencakup penyusunan mine plan       mine plan for open-pit mining activities,
   bara dengan PT Niaga Jasa Dunia dan             PT Niaga Jasa Dunia and PT Bara Prima      terintegrasi untuk kegiatan pertambangan     as well as the development of supporting
   PT Bara Prima Mandiri di Kalimantan             Mandiri in Central Kalimantan, valued      terbuka, termasuk pengembangan               mining infrastructure to optimize the mine
   Tengah senilai Rp4,03 triliun atau              at Rp4.03 trilion, equivalent to US$255    infrastruktur pendukung tambang              operations of Tamtama Perkasa, Global
   setara dengan US$255 juta dan                   million with an estimated overburden       guna mengoptimalkan operasional              Bara Mandiri, Multi Tambangjaya Utama
   estimasi produksi lapisan tanah                 volume of 135.46 million BCM, valid        pertambangan milik Tamtama Perkasa,          and Daya Bumindo Karunia.
   penutup sebesar 135,46 juta BCM,                until 31 December 2032                     Global Bara Mandiri, Multi Tambangjaya
   yang berlaku sampai dengan                                                                 Utama dan Daya Bumindo Karunia.
   31 Desember 2032
                                                                                              Lini bisnis Jasa Pertambangan Petrosea       Petrosea’s Mining Services business
4. Amandemen dan pernyataan kembali             4. Amendment and restatement of the
                                                                                              memanfaatkan teknologi 4.0 melalui           line leverages Industry 4.0 technology
   kontrak pekerjaan jasa pertambangan             coal mining services agreement with
                                                                                              Minerva Digital Platform yang didukung       adoptions through its Minerva Digital
   batu bara dengan PT Indo Bara                   PT Indo Bara Pratama in East
                                                                                              advanced analytics dan real-time             Platform, supported by advanced
   Pratama di Kalimantan Timur senilai             Kalimantan, valued at Rp2,5 trilion,
                                                                                              data, serta Remote Operations Center         analytics and real-time data, as well as a
   Rp2,5 trilion atau setara dengan                equivalent to US$150 million with an
                                                                                              (ROC) yang berlokasi di kantor Pusat         Remote Operations Center (ROC) located
   US$150 juta dan estimasi produksi               estimated overburden volume of
                                                                                              Jakarta, sebagai competitive advantage       at the Company’s head office in Jakarta as
   lapisan tanah penutup sebesar 30,3              30.3 million BCM, valid until
                                                                                              Perusahaan yang fokus kepada konsep          a competitive advantage for the Company
   juta BCM , yang berlaku sampai dengan           31 December 2029
                                                                                              environmental friendly dan sustainability.   in driving the concepts of environmentally
   31 Desember 2029
                                                                                              Kehadiran ROC juga memperkuat kualitas       friendly and sustainability. The
                                                                                              pengambilan keputusan guna menjaga           establishment of the ROC also enhances
Pada tahun 2025, lini bisnis Jasa               in 2025, Petrosea’s Mining Services
                                                                                              produktivitas dan utilitas peralatan         decision-making quality to maintain mining
Pertambangan Petrosea juga terus                business line continued its business
                                                                                              pertambangan dengan berpedoman pada          equipment productivity and utilization by
melanjutkan ekspansi bisnis serta               expansion while strengthening synergies
                                                                                              standar operational excellence terbaik,      adhering to leading operational excellence
memperkuat sinergi dengan anak-anak             with mining subsidiaries of Petrindo Group
                                                                                              termasuk pengelolaan perencanaan             standards, which includes managing mine
usaha pertambangan dari grup Petrindo           to support the group’s overall growth
                                                                                              tambang atas risiko volatilitas harga batu   plan related to coal price volatility risks
untuk mewujudkan strategi pertumbuhan           strategy. The synergy that has been carried
                                                                                              bara di sepanjang tahun demi mencapai        throughout the year in order to achieve
dari grup. Sinergi yang dijalankan di wilayah   out in Central Kalimantan since 2024
                                                                                              optimalisasi kinerja.                        optimal performance.
Kalimantan Tengah sejak tahun 2024              includes the development of an integrated




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2025 Operational Performance Highlights                                                                                                            2025 Operational Performance Highlights




Kinerja Jasa Pertambangan −                     Mining Services Performance                    menjadi pencapaian penting dalam         also marks an important milestone in
                                                                                               pengembangan keahlian dan kapabilitas    the Company’s development of its
HBS (PNG) Limited & Anak Usaha                  − HBS (PNG) Limited &
                                                                                               Perusahaan di bidang rekayasa serta      expertise and capabilities in more complex
                                                Subsidiaries                                   perencanaan tambang yang lebih           engineering as well as mine planning.
Pada tanggal 31 Oktober 2025, Petrosea          On 31 October 2025, Petrosea completed         kompleks.
menyelesaikan proses akuisisi seluruh           the acquisition of all shares of HBS (PNG)                                              HBS, operating in Papua New Guinea
                                                                                               HBS yang telah beroperasi di Papua
saham HBS (PNG) Limited & anak                  Limited and its subsidiaries (HBS group).                                               since 2006, has built strong partnerships
                                                                                               Nugini sejak 2006 telah membangun
usahanya (grup HBS). Sebelumnya, proses         The HBS group acquisition process was                                                   and collaborations with key players in the
                                                                                               kemitraan dan kolaborasi yang kuat
pengambilalihan grup HBS telah melalui          preceded by a due diligence process and                                                 mining industry, particularly in the gold
                                                                                               dengan para pemain kunci di industri
proses uji tuntas dan penandatanganan           signing of a conditional sale and purchase                                              sector. By the end of 2025, the HBS group
                                                                                               pertambangan, khususnya di sektor
perjanjian jual beli bersyarat pada 1 Agustus   agreement on 1 August 2025.                                                             successfully secured and maintained
                                                                                               emas. Sampai dengan akhir tahun 2025,
2025.                                                                                                                                   several key agreements for mining services
                                                                                               grup HBS telah berhasil memperoleh dan
                                                                                               mempertahankan sejumlah perjanjian       with Harmony Gold, Newmont, and
Total nilai akuisisi atas seluruh saham         The total acquisition value for all HBS
                                                                                               untuk jasa pertambangan dengan Harmony   St Barbara in Papua New Guinea.
HBS mencapai AU$40 juta atau sekitar            shares reached AU$40 million or
US$25,76 juta. Grup HBS terdiri dari            approximately US$25.76 million. The HBS        Gold, Newmont, dan St Barbara di Papua
HBS PNG Pty. Limited, Hidden Valley             group consists of HBS PNG Pty. Limited,        Nugini.
Contractors Ltd., HBS Plant Hire Ltd.dan        Hidden Valley Contractors Ltd., HBS Plant
HBS Solomon Islands Limited.                    Hire Ltd. and HBS Solomon Islands Limited.

Melalui akuisisi grup HBS, Petrosea             Through the acquisition of HBS group,
telah mendiversifikasi bisnisnya ke             Petrosea has diversified its business
pasar geografis baru di luar Indonesia          into new geographical markets beyond
dengan merambah kawasan Asia-                   Indonesia, entering the Asia-Pacific
Pasifik, khususnya Papua Nugini, sebagai        region, specifically Papua New Guinea,
bagian dari kawasan Oseania, serta              as part of the Oceania region, while also
memperkuat keunggulan strategis dan             strengthening its strategic advantage
horizon investasi yang sustainable dengan       and sustainable investment horizon by
meningkatkan potensi profitabilitas             increasing long-term profitability potential
jangka panjang melalui bisnis baru di           through its new gold mining business.
pertambangan emas. Keberhasilan                 Petrosea’s success in diversifying its
Petrosea dalam mendiversifikasi bisnis          mining services business into gold mining
jasa ke sektor pertambangan emas juga




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Ikhtisar Kinerja Operasional Tahun 2025                                                                                                                  Ikhtisar Kinerja Operasional Tahun 2025
2025 Operational Performance Highlights                                                                                                                2025 Operational Performance Highlights




Kinerja Rekayasa, Pengadaan &                  Engineering, Procurement &                    Services Agreement, Levee Construction &      Services Agreement, Levee Construction &
                                                                                             Stockpile Extension, Construction Services    Stockpile Extension, Construction Services
Konstruksi                                     Construction Performance
                                                                                             at Portside dan SAG2 Secondment CS CM         at Portside and SAG2 Secondment CS CM
Pada tahun 2025, lini bisnis EPC juga terus    in 2025, the EPC business line continued      Construction Services.                        Construction Services projects.
melanjutkan ekspansi bisnis termasuk           its business expansion, including executing
                                                                                             Sampai dengan akhir tahun 2025, lini bisnis   At the end of 2025, the EPC business line
menjalankan strategi diversifikasi ke          its diversification strategy beyond
                                                                                             EPC telah menandatangani tujuh perjanjian     has signed seven EPC service agreements
luar Indonesia dan merambah ke wilayah         Indonesia and extending its reach into
                                                                                             jasa EPC yang tersebar di wilayah Papua       across Papua and Pakistan, with the
regional Asia Pasifik. Pencapaian ini          the Asia-Pacific region. This achivement
                                                                                             dan Pakistan, dengan rincian sebagai          following details:
menjadi catatan penting perjalanan bisnis      as become an important milestone in
                                                                                             berikut:
Petrosea selama lebih dari 54 tahun.           Petrosea's business journey for more then
Diversifikasi dilaksanakan melalui Petrosea    54 years. Diversification through Petrosea
                                                                                             1.   Perjanjian K0012B General Services       1.   A K0012B General Services Agreement
Solutions Pakistan (Private) Limited, yang     Solutions Pakistan (Private) Limited, which
                                                                                                  dengan PT Freeport Indonesia di Papua         with PT Freeport Indonesia in Central
100% dimiliki oleh Perusahaan dengan           is 100% owned by the Company entering
                                                                                                  Tengah senilai Rp235,46 miliar yang           Papua valued at Rp235.46 billion and
menandatangani perjanjian pelaksanaan          into an early works agreement to provide
                                                                                                  berlaku sampai dengan 29 Maret 2028           valid until 29 March 2028
awal guna memberikan jasa layanan multi        multidisciplinary engineering, procurement
disiplin ilmu engineering, procurement         and construction services for Reko Diq        2. Perjanjian KPI Facility Relocation at      2. A KPI Facility Relocation Agreement
& construction untuk Reko Diq Mining           Mining Company (Private) Limited, one of         Portsite Area dengan PT Freeport              at the Portsite Area with PT Freeport
Company (Private) Limited, sebuah              the world’s largest copper and gold mining       Indonesia di Papua Tengah, senilai            Indonesia in Central Papua valued at
perusahaan pertambangan tembaga dan            companies located in Pakistan.                   Rp41,53 miliar yang berlaku sampai            Rp41.53 billion and valid until 31 January
emas terbesar di dunia yang berlokasi di                                                        dengan 31 Januari 2026                        2026
Pakistan.                                                                                    3. Perjanjian Batch Plant Vehicle             3. A Batch Plant Vehicle Maintenance
                                                                                                Maintenance dengan PT Freeport                Agreement with PT Freeport Indonesia
Lini bisnis ini fokus pada standar             The EPC business is focused on                   Indonesia di Papua Tengah senilai             in Central Papua valued at Rp17.30
operational excellence terbaik Petrosea        upholding Petrosea’s highest standards           Rp17,30 miliar yang berlaku sampai            billion and valid until 29 March 2028
di setiap pelaksanaan proyek strategis         of operational excellence in executing           dengan 29 Maret 2028
yang tengah berjalan. Salah satunya            all ongoing strategic projects. One of
adalah proyek Onshore Early Works              these being the Onshore Early Works
EPC untuk mendukung dua proyek milik           EPC project to support two projects           Lini bisnis EPC berfokus pada seluruh         The EPC business focuses on all stages
BP Berau Ltd., yaitu Ubadari, Tangguh          owned by BP Berau Ltd., namely Ubadari,       tahapan proyek, mulai dari tahap              of project execution, starting from the
EGR/CCUS dan Tangguh Onshore                   Tangguh EGR/CCUS and Tangguh Onshore          perencanaan dan desain teknis                 planning and technical design phases
Compression (UCC) yang berlokasi di            Compression (UCC) located in Teluk            yang meliputi basic design, detailed          which include basic design, detailed
Teluk Bintuni, Papua Barat. Kemudian           Bintuni, West Papua. Additionally, the        engineering, hingga optimasi desain           engineering and design optimization to
proyek pengadaan dan konstruksi untuk          procurement and construction project to       guna memastikan setiap proyek berjalan        ensure that every project is executed
mendukung pembangunan tambang                  support the development of the Pomalaa        lebih efisien, aman dan sesuai standar        efficiently, safely and in accordance
Blok Pomalaa milik PT Vale Indonesia di        Block mine owned by PT Vale Indonesia         internasional. Pada tahap konstruksi,         with international standards. During
Kolaka, Sulawesi Tenggara, serta beberapa      in Kolaka, Southeast Sulawesi, as well as     layanan yang diberikan juga mencakup          the construction phase, the services
proyek strategis jangka panjang untuk          several long-term strategic projects to       supervisi, QA/QC, commissioning,              provided also include supervision, QA/QC,
mendukung operasional PT Freeport              support the operations of PT Freeport         start-up dan test run. Seluruh rangkaian      commissioning, start-up and test run. All
Indonesia, diantaranya proyek Master           Indonesia, amongst others the Master          kegiatan tersebut dijalankan dengan           these activities are carried out to ensure
                                                                                             tujuan membangun fasilitas yang sesuai        that facilities are built in accordance with




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2025 Operational Performance Highlights                                                                                                              2025 Operational Performance Highlights




dengan desain, tepat waktu, aman, serta        approved designs, delivered on time,           Lini bisnis EPC Petrosea juga               Petrosea’s EPC business line also
memenuhi standar kualitas, termasuk            operate safely and meet quality standards,     memanfaatkan teknologi 4.0 melalui          leverages 4.0 technologies through its
melalui pengelolaan cost control yang          including through disciplined cost control     Minerva Digital Platform yang didukung      Minerva Digital Platform, supported by
disiplin sesuai dengan anggaran proyek.        aligned with each project’s budget.            advanced analytics dan real-time data,      advanced analytics and real-time data, as
Selain itu, lini bisnis ini senantiasa         In addition, this business line consistently   serta Tactical Room (TAC Room) di kantor    well as a Tactical Room (TAC Room) at the
memastikan aspek SHE dan manajemen             ensures that SHE and risk management           pusat Jakarta yang bertujuan untuk terus    Company’s headquarters in Jakarta aimed
risiko diterapkan sesuai standar tertinggi     aspects are implemented in accordance          meningkatkan kapabilitas manajemen          at improving construction management,
Petrosea.                                      with Petrosea’s highest standards.             konstruksi, pengendalian dari luar proyek   off-site control and decision-making.
                                                                                              dan proses pengambilan keputusan.           Furthermore, several digital tools
                                                                                              Selain itu, beberapa digital tools yang     leveraged include digital twin, digital
                                                                                              dimanfaatkan termasuk teknologi digital     boardroom and construction management
                                                                                              twin, digital boardroom dan construction    technologies.
                                                                                              management.




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2025 Operational Performance Highlights                                                                                                                   2025 Operational Performance Highlights




                                                                                            Grup Hafar berfokus pada pekerjaan                Hafar group focuses on subsea pipeline
                                                                                            instalasi pipa dan peralatan subsea serta         and equipment installation while owning
                                                                                            juga memiliki armada kapal pendukung              a fleet of vessels while providing EPCI
                                                                                            dalam menyediakan layanan EPCI dan jasa           and marine services to several oil & gas
                                                                                            kelautan kepada sejumlah perusahaan               companies, including Pertamina, Petronas
                                                                                            migas, termasuk Pertamina, Petronas dan           and Freeport Indonesia. Hafar group
                                                                                            Freeport Indonesia. Grup Hafar terdiri dari:      consists of:




                                                                                                      PT Hafar Daya Konstruksi
                                                                                                      Menyediakan layanan offshore pipelaying, subsea segment pipe replacement,
                                                                                                      shore-pull, PLEM installation, calm Buoy (SPM) installation, platform riser-repair/
                                                                                                      replacement dan pre-trenching & post-trenching
                                                                                                      Provides offshore pipelaying, subsea segment pipe replacement, shore-pull,
                                                                                                      PLEM installation, calm Buoy (SPM) installation, platform riser-repair/replacement
                                                                                                      and pre-trenching & post-trenching services



                                                                                                      PT Hafar Capitol Nusantara
                                                                                                      Menyediakan layanan pipelaying barge, anchor handling tugs dan pontoon barge
                                                                                                      Provides pipelaying barge, anchor handling tugs and pontoon barge services



                                                                                                      PT Hafar Daya Samudera
                                                                                                      Menyediakan layanan pelayaran berlisensi dan pengoperasian crew boat, coastal
                                                                                                      tug, material barge, general barge dan shallow water dredger
Kinerja EPCI Migas Lepas Pantai                Offshore Oil & Gas EPCI                                Provides licensed shipping services and operates crew boats, coastal tugs,
                                               Performance                                            material barges, general barges and shallow-water dredgers
Sebagai perusahaan rekayasa dan                As the first Indonesian engineering and
konstruksi Indonesia pertama yang              construction company to be publicly listed
masuk bursa pada tahun 1990, Petrosea          in 1990, Petrosea continued to strengthen
                                                                                            Sampai dengan akhir tahun 2025, lini              As of the end of 2025, the Offshore Oil &
terus memperkuat kemampuan multi               its multidisciplinary engineering and
                                                                                            bisnis EPCI Migas Lepas Pantai telah              Gas EPCI business line has signed three
disiplin ilmu rekayasa dan konstruksi yang     construction capabilities by expanding its
                                                                                            menandatangani tiga perjanjian jasa EPCI          EPCI service agreements in the Java and
dimilikinya dengan menambah kapasitas          capacity and enhancing its competencies
                                                                                            di wilayah Jawa dan Papua, dengan rincian         Papua areas , with the following details:
dan kapabilitas terbaru di bidang EPCI         in Engineering, Procurement, Construction
                                                                                            sebagai berikut:
(Engineering, Procurement, Construction        & Installation (EPCI).
& Installation).                                                                            1.   Marine Pipeline Installation dengan          1.   Marine Pipeline Installation with
                                                                                                 PT Freeport Indonesia di Amamapare,               PT Freeport Indonesia in Amamapare,
Dengan selesainya akuisisi 51% grup            With the completion of the 51% acquisition        Timika senilai Rp1,075 triliun atau               Timika valued at Rp1.075 trillion or
Hafar di tahun 2025, Petrosea sukses           of Hafar group in 2025, Petrosea has              setara dengan US$65 juta yang berlaku             equivalent to US$65 million and valid
mendiversifikasi bisnis usahanya ke sektor     successfully diversified its business             sampai dengan 11 Maret 2028                       until 11 March 2028
migas lepas pantai dan non-batu bara.          into the offshore oil & gas and non-coal
                                               sectors.


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2025 Operational Performance Highlights                                                                                                                2025 Operational Performance Highlights




2. EPCI Pipeline Project dengan                  2. EPCI Pipeline Project with PT Pertamina
   PT Pertamina Hulu Energi Offshore                Hulu Energi Offshore North West
   North West Java di North West Java               Java in North West Java Sea valued at
   Sea senilai Rp500 miliar atau setara             Rp500 billion or equivalent to US$30
   dengan US$30 juta yang berlaku                   million and valid until 10 June 2026
   sampai 10 Juni 2026

3. EPCI Project dengan PT Pertamina Hulu         3. EPCI Project with PT Pertamina Hulu
   Energi Offshore Southeast Sumatra                Energi Offshore Southeast Sumatra
   senilai US$7.135.000 yang berlaku                worth US$7,135,000 which is valid until
   sampai dengan 28 Februari 2026                   28 February 2026

Ekspansi Perusahaan didukung oleh adopsi         The Company’s expansion is supported by
teknologi serta optimalisasi keahlian            technology adoption and the optimization
multidisiplin di sepanjang rantai nilai, mulai   of multidisciplinary expertise across
dari hulu hingga hilir, untuk menangkap          the entire value chain, from upstream
potensi pertumbuhan industri migas               to downstream, to capture the growth
sekaligus mendukung pengembangan                 potential of the oil & gas industry and
                                                                                              Kedepannya, Petrosea akan                    Going forward, Petrosea will develop
hilirisasi sumber daya mineral dan energi        support the national downstream
                                                                                              mengembangkan Scan-Bilt sebagai              Scan-Bilt as a business hub for business
nasional.                                        development of mineral and energy
                                                                                              business hub untuk ekspansi bisnis ke        expansion into the Asia Pacific and
                                                 resources.
                                                                                              kawasan Asia Pasifik dan Oseania yang        Oceania regions, covering Singapore,
                                                                                              mencakup Singapura, Papua Nugini,            Papua New Guinea, Australia, and
                                                                                              Australia dan Indonesia.                     Indonesia.
Kinerja Rekayasa & Teknik                        Engineering &
Sipil − Scan-Bilt Pte. Ltd.                      Civil Works Performance −                    Sampai dengan akhir tahun 2025, lini         As of the end of 2025, this business line
                                                                                              bisnis ini telah menandatangani perjanjian   has entered into agreements with Aster
                                                 Scan-Bilt Pte. Ltd.
                                                                                              dengan Aster Chemicals & Energy Pte. Ltd.    Chemicals & Energy Pte. Ltd. to provide
Pada tanggal 24 November 2025,                   On 24 November 2025, Petrosea, through       untuk menyediakan layanan Engineering,       Engineering, Procurement & Construction
Petrosea melalui anak usahanya,                  its subsidiary Petrosea Services Solutions   Procurement & Construction (EPC),            (EPC) services, particularly for civil works
Petrosea Services Solutions Ltd. telah           Ltd. completed the acquisition of 60% of     khususnya pada lingkup pekerjaan sipil di    at the Aster Bukom Chemicals & Energy
menyelesaikan proses pengambilalihan             the shares in Scan-Bilt Pte. Ltd.            fasilitas Aster Bukom Chemicals & Energy     Complex and the Aster Jurong Island
60% saham Scan-Bilt Pte. Ltd.                                                                 Complex dan Aster Jurong Island Chemical     Chemical Complex located on Bukom
                                                                                              Complex yang berlokasi di Pulau Bukom        Island and Jurong Island, Singapore.
Melalui akuisisi Scan-Bilt, grup Petrosea        Through the acquisition of Scan-Bilt,        dan Pulau Jurong di Singapura.               In addition, Scan-Bilt has also received
memperluas diversifikasi bisnis dengan           Petrosea group has expanded its              Selain itu, Scan-Bilt juga memperoleh        a Letter of Award for the scope of
menghadirkan kapabilitas multidisiplin           business diversification by introducing      Letter of Award untuk lingkup pekerjaan      Integrated Facilities Management (IFM)
konstruksi dan teknik sipil guna                 multidisciplinary construction and civil     Integrated Facilities Management (IFM)       works from Aster for both facilities.
mendukung berbagai proyek strategis              engineering capabilities to support          dari Aster untuk kedua fasilitas tersebut.   The total contract value for the above
untuk sektor dan industri pengolahan             various strategic projects in the chemical   Total nilai perjanjian untuk lingkup         scopes of work amounts to US$29.07
kimia dan migas onshore, termasuk                processing and onshore oil & gas sectors,    pekerjaan tersebut diatas adalah sebesar     million or approximately Rp485.4 billion,
pembangunan chemical plant, tankage              including the development of chemical        US$29,07 juta atau sekitar Rp485,4 miliar    with a project duration of 24 months.
terminal dan fasilitas pembangkit                plants, tankage terminals, and power         dengan jangka waktu pekerjaan selama
listrik.                                         generation facilities.                       24 bulan.



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2025 Operational Performance Highlights                                                                                                                 2025 Operational Performance Highlights




Kinerja Jasa Logistik &                        Logistics & Support Services
Pendukung                                      Performance
Pada tahun 2025, melalui lini bisnis Jasa      in 2025, through the Logistics & Support
Logistik & Pendukung, Petrosea secara          Services business line, Petrosea
konsisten memberikan layanan berstandar        consistently provided international            Sampai dengan akhir tahun 2025, lini         As of the end of 2025, the Logistics &
internasional bagi industri migas Indonesia    standard services for the Indonesian oil &     bisnis Jasa Logistik & Pendukung telah       Support Services business line has signed
melalui Petrosea Offshore Supply Base          gas industry through its Petrosea Offshore     menandatangani lima perjanjian jasa          five logistic base service agreements,
(POSB) yang berlokasi di Sorong, Papua         Supply Base (POSB) located in Sorong,          pangkalan logistik, dengan rincian sebagai   with the following details:
Barat Daya.                                    Southwest Papua.                               berikut:

                                                                                              1.   Perjanjian Jasa Pangkalan Logistik      1.   Shorebase Services Agreement
Layanan yang diberikan oleh POSB               The services provided by POSB Sorong                dengan PT Wira Insani di Sorong yang         with PT Wira Insani in Sorong, which is
Sorong meliputi manajemen terminal             include marine and terminal management,             berlaku sampai dengan 31 Maret 2028          valid until 31 March 2028
dan laut, manajemen logistik dan               logistics and warehouse management,
pergudangan, operasional pengangkatan          lifting operations and transportation,         2. Perjanjian Penyediaan Pangkalan           2. Provision of Sorong Logistic Base for
dan transportasi, rekayasa rigging dan         rigging and lifting engineering, utility and      Logistik Sorong untuk Proyek UCC             the UCC Project Agreement with
pengangkatan, operasional dan perawatan        facility operations, as well as maintenance       dengan PT Saipem Indonesia di Sorong         PT Saipem Indonesia in Sorong valued
fasilitas, serta utilitas dan jasa logistik    and other logistics-related services.             senilai Rp32.430.500.000 atau setara         at Rp32,430,500,000 or equivalent to
lainnya.                                                                                         dengan US$2.001.883 yang berlaku             US$2,001,883 and valid until 31 January
                                                                                                 sampai dengan 31 Januari 2028                2028


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Ikhtisar Kinerja Operasional Tahun 2025
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3. Amandemen 7 dan 8 dari Perjanjian           3. Amendment 7 and 8 of Sorong
   Jasa Pangkalan Logistik Sorong                 Supply Base Services Agreement
   dengan BP Berau Ltd. di Sorong                 with BP Berau Ltd. in Sorong valued
   senilai Rp807.603.157.944 atau setara          at Rp807,603,15,944 or equivalent to
   dengan US$49.852.047 yang berlaku              US$49,852,047 valid and until
   sampai dengan 31 Maret 2026                    31 March 2026

4. Perjanjian Penyediaan Penyimpanan           4. Agreement Agreement provision of
   Pipa Laut dengan PT Freeport                   Marine Pipeline Storage with
   Indonesia di Sorong senilai                    PT Freeport Indonesia in Sorong valued
   Rp15.456.950.700 atau setara dengan            at Rp15,456,950,700 or equivalent
   US$954.133 yang berlaku sampai                 to US$954,133 and valid until 30 June
   dengan 30 Juni 2027                            2027

Melalui POSB Sorong, Perusahaan terus          Through POSB Sorong, the Company
berupaya menjalankan bisnis berdasarkan        continues to operate its business based
prinsip value creation serta delivering        on the principles of value creation and
long-term stakeholder value dengan             long-term stakeholder value by providing
menyediakan layanan supply base                international-standard supply base
management berstandar internasional.           management services. All operational
Seluruh kegiatan operasional POSB              activities at POSB Sorong are carried out
Sorong dijalankan dengan komitmen kuat         with a strong commitment towards Safety,
terhadap aspek Keselamatan, Kesehatan          Health & Environment (SHE) to ensure
Kerja & Lingkungan (K3L) guna memastikan       safe and efficient operations that support
operasi yang aman dan efisien dalam            infrastructure development, production
mendukung kegiatan pengembangan                and energy exploration in eastern
infrastruktur, produksi dan eksplorasi         Indonesia.
energi di Indonesia bagian timur.




52      Laporan Tahunan / Annual Report 2025                                                PT Petrosea Tbk     53
Page 28
            Ikhtisar Utama                                                                                                                                                               Ikhtisar Utama
            Main Highlights                                                                                                                                                              Main Highlights




       Ikhtisar Kinerja Keberlanjutan 2025
       2025 Sustainability Perfomance Highlights




              Kinerja Lingkungan / Environment Performance                                          Emisi GRK yang Dihasilkan 2                           Konsumsi Air 3
                                                                                                    GHG Emissions Generated                               Water Consumption



                                                                                                                338.346,04                                         2.129.242,97
                                                                                                                                                                                                       m3
                                                      Limbah yang Dihasilkan 4                                                                tCO2e
Konsumsi BBM Biodiesel                         5
                                                      Waste Generated                               2024                       2023                       2024                     2023

Biodiesel Fuel Consumption                                                                                                                                1.155.056,77*            1.094.211,38
                                                                                                    306.440,64                 343.337,76
                                                                          6.006,09
       6.192.450,32
                                                                                              Ton                                                         Selisih Konsumsi Air
                                                                                                    Selisih Emisi GRK yang Dihasilkan**                   Water Consumption Difference
                                                                                                    GHG Emissions Difference
                                                      2024                         2023
                                             GJ
                                                      4.591,53                     5.205,88                         (4.991,72)                tCO2e
                                                                                                                                                                     1.035.031,59                       m³


2024                     2023                                                                                                                             2024                     2023
                                                                                                    2024                       2023

5.313.377,00             5.994.725,58                 Selisih Limbah yang Dihasilkan
                                                                                                    (36.897,12)*               8.939,00                   60.845,39*               102.215,23
                                                      Waste Generated Difference


                                                                                800,20        Ton
Selisih Konsumsi BBM Biodiesel**
                                                      2024                         2023                                                               Keterangan / Notes:
Biodiesel Fuel Consumption Difference

                                                      (614,35)                     1.285,60
                                                                                                                                                      1    Listrik yang dibeli dari PLN dan diperhitungkan
                                                                                                    Konsumsi Energi Terbarukan
                    197.724,74
                                                                                                                                                           sebagai emisi CO2 dari cakupan 2
                                                                                                                                                           Electricity purchased from PLN and considered
                                                                                                    Renewable Energy Consumption
                                                                                                                                                           as scope 2 CO2 emission
                                             GJ

                                                                                                                                      14,28
                                                                                                                                                      2 Emisi GRK cakupan 1 dan 2
2024                     2023                                                                                                                           GHG emissions including scope 1 and 2

(681.348,58)             141.719,75                   Konsumsi Energi Listrik 1                                                               MWh
                                                                                                                                                      3 Termasuk air tanah, air permukaan, air hujan,
                                                      Electricity Consumption                       2024                       2023                     air laut dan air bersih yang dibeli di luar Perusahaan
                                                                                                                                                        Including groundwater, surface water, rainwater,

                                                                                                    14,99                      14,90
                                                                             7.240,41
                                                                                                                                                        sea water and clean water purchased from outside
                                                                                                                                                        the Company

                                                                                           MWh                                                        4 Termasuk limbah bahan berbahaya &
                                                                                                    Selisih Konsumsi Energi Terbarukan**                beracun dan limbah tidak berbahaya
                                                      2024                         2023             Renewable Energy Consumption Difference             Including hazardous & toxic waste and
       Penanaman &                                                                                                                                      non-hazardous waste
       Pemeliharaan Mangrove                          5.631,64                     3.122,50                                    (0,63)          MWh
                                                                                                                                                      5 Data 2025 termasuk biodiesel B35 dan B40,
       Mangrove Planting & Conservation                                                             2024                       2023                     sedangkan data 2023 dan 2024 termasuk
                                                      Selisih Konsumsi Listrik**                                                                        biodiesel B35


                                     1.063                                                          0,09                       -
                                                      Electricity Consumption Difference                                                                2025 data includes B35 and B40 biodiesel,
                                                                                                                                                        while 2023 and 2024 data include B35 biodiesel

                                     Bibit/Seedings                            4.117,91    MWh                                                        *    Penyajian kembali informasi karena perbedaan
       2024                   2023                                                                                                                         cakupan perhitungan
                                                      2024                         2023                                                                    Restatement of information due to differences in
       2.080                  -                       2.509,14                     23,43
                                                                                                                                                           calculation scope

                                                                                                                                                      ** Perhitungan terhadap tahun dasar 2023
                                                                                                                                                         Calculation scope against base year 2023



       54     Laporan Tahunan / Annual Report 2025                                                                                                                               PTPT
                                                                                                                                                                                    Petrosea
                                                                                                                                                                                      Petrosea Tbk 55
                                                                                                                                                                                             Tbk    55
Page 29
            Ikhtisar Utama                                                                                                                                                                      Ikhtisar Utama
            Main Highlights                                                                                                                                                                     Main Highlights




       Ikhtisar Kinerja Keberlanjutan 2025
       2025 Sustainability Highlights

                                                                                                                                                              Jumlah Karyawan yang
                                                                                                     Peningkatan Jumlah Karyawan                              Mengikuti Pelatihan Soft Skill
                       Kinerja Sosial / Social Performance                                           Increase in Number of Employees
                                                                                                                                                              Number of Employees
                                                                                                                                                              Participating in Soft Skill Training




Petrosea menerapkan Sistem Manajemen                                                                                                      65,75                                                         592
Keselamatan & Kesehatan Kerja (K3) berbasis                                                                                                             %
ISO 45001:2018, kebijakan internal K3, serta           Jumlah Penerima Manfaat                                                                                                               Karyawan / Employees

platform digital SHEPRO untuk menciptakan              Program CSR                                   2024                        2023                         2024                       2023
lingkungan kerja yang aman dan nyaman.
Berkat upaya ini, Perusahaan mencatatkan
                                                       Number of Beneficiaries
                                                                                                     26,21                       30,68                        470                        279
                                                       from CSR Programs
44.548.769,43 jam kerja tanpa kecelakaan
yang mengakibatkan hari kerja hilang (LTI Free)
sepanjang 2025. Keberhasilan ini tidak hanya
mencerminkan komitmen terhadap keselamatan,
                                                                                                     Kematian di Tempat Kerja
                                                                                                     Workplace Fatality                                       Jam Kerja Nihil
tetapi juga meningkatkan kenyamanan,
                                                                                                                                                              Kecelakaan Kerja


                                                                19.982
produktivitas, serta kepercayaan karyawan
                                                                                                                                                              Manhours Lost Time Injury Free
terhadap manajemen.

Petrosea implements the Occupational Health
& Safety Management System (OHSMS) based
on ISO 45001:2018, internal OHS policies as                              Orang / People                                                               0                44.548.769,43
                                                                                                                                                                                                Jam Kerja / Manhours
well as the SHEPRO digital platform to ensure                                                                                                Orang/People
a safe and comfortable work environment. As a
                                                                                                     2024                        2023                         2024                       2023
result, the Company recorded 44,548,769.43
                                                       2024                2023
man hour lost-time injury (LTI) Free throughout
                                                                                                     0                           0                            20.963.659,17              8.200.181,55
2025. This achievement reflects its strong safety
                                                       18.342              18.549
commitment while also enhancing employee
comfort, productivity and trust in management.

                                                                                                     Tingkat Turnover Karyawan                                Kegiatan Corporate Social
                                                                                                     Employee Turnover Rate                                   Responsibility (CSR)
                                                                                                                                                              Corporate Social Responsibility Activities
    Komposisi Karyawan Perempuan                     Investasi
    di Level Senior Management                       Pengembangan Karyawan
    Composition of Female Employees in Senior
    Management Level
                                                     Investment in Employee Development                                                     16,41                                                           59
                                                                                                                                                        %                                       Program / Programs




                                            10                             605.225
                                                                                                     2024                        2023
                                                                                                                                                              2024                       2023

                                                                                          US$
                                                                                                     23,21                       18,19                        34                         45
                                                %
    2024                      2023                   2024                  2023


    11,54                     14,81                  398.153*              121.785              Keterangan / Notes:
                                                                                                *Penyajian data kembali karena perubahan metode perhitungan
                                                                                                 Data restatement due to changes in calculation method



       56     Laporan Tahunan / Annual Report 2025                                                                                                                                          PT Petrosea Tbk            57
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     Ikhtisar Utama                                                                                                                                                                                                                            Ikhtisar Utama
     Main Highlights                                                                                                                                                                                                                           Main Highlights




Ikhtisar Kinerja Keberlanjutan 2025
2025 Sustainability Perfomance Highlights



         Kinerja Tata Kelola / Governance Performance


                                                                                                                                 Total Jam Pelatihan Karyawan                                                  Laporan Whistleblowing
Tingkat Partisipasi Sosialisasi Antikorupsi oleh                                                                                 terkait ESG                                                                   yang Ditindaklanjuti
Pemangku Kepentingan Internal & Eksternal                                                                                        Total Hours of ESG-Related Employee                                           Follow-up on Whistleblowing Reports
Level of Participation in Anti-Corruption Socialization by Internal & External Stakeholders                                      Training




                                                                                            2.189                                                                  7.819                                                                                   100
                                                                                                                                                                                jam/ hours                                                                               %
                                                                                           partisipan / participants

                                                                                                                                 2024                         2023                                             2024                             2023
2024                                                       2023

                                                                                                                                               7.690                       12.224                                                  100                                 100
1.875                                                      1.797



                                                                                                                                                       Skor GCG Berdasarkan ASEAN
               Penghargaan Tata Kelola
                                                                                                                                                       Corporate Governance Scorecard
               Corporate Governance Awards


                                                                                                                                                                                                                                           94,79
                                                                                                                                                       GCG Score Based on the ASEAN Corporate
                                                                                                                                                       Governance Scorecard
Sepanjang tahun 2025, praktik terbaik dalam pelaksanaan GCG di Petrosea kembali
berhasil mendapatkan pengakuan dari berbagai pihak, di antaranya penghargaan untuk
kategori “Pendukung Minyak, Gas & Batu Bara” pada Bisnis Indonesia Awards 2025,                                                                                                                                                                          poin/points

"Community Empowerment" pada Investor Daily ESG Appreciation 2025, predikat
                                                                                                                                        2024                                                           2023
"Platinum Alignment" pada Top 100 Indonesia 2025 La Tofi ESG Rating, "Best PR Leader
Awards 2025", "Indonesia Best Corporate Secretary Awards 2025" dan “Indonesia Top
                                                                                                                                        92,21                                                          85,65
GCG Awards 2025 dari The Iconomics, “Peringkat A untuk Laporan Keberlanjutan 2024
Terbaik” dari Foundation for International Human Rights Reporting Standards (FIHRRST),
                                                                                                                                    Penerapan pilar-pilar corporate governance di Petrosea tidak hanya memenuhi ketentuan kepatuhan
serta penghargaan untuk kategori “Leadership A- Advancing ESG Transparency”                                                         minimum, tetapi juga telah mengadopsi standar internasional sebagaimana yang dipersyaratkan dalam
dari Bumi Global Karbon (BGK) Foundation. Perusahaan juga berhasil meraih predikat                                                  ASEAN Corporate Governance Scorecard (ACGS). Pada tahun pelaporan, Petrosea berhasil meraih
sebagai “Top 50 Big Capitalization Public Listed Companies” di ajang 16th IICD                                                      predikat “Sangat Baik” dengan skor 94,79, melampaui rata-rata Big Cap 100 perusahaan tercatat di Bursa
                                                                                                                                    Efek Indonesia, berdasarkan penilaian dari pihak independen. Capaian ini meningkat dibandingkan tahun
Corporate Governance Awards
                                                                                                                                    sebelumnya dengan skor 92,21, sekaligus menjadi pencapaian tertinggi sepanjang lebih dari lima dekade
Throughout 2025, Petrosea’s best practices in GCG implementation once again received various recognitions from multiple             perjalanan Petrosea di industri pertambangan dan konstruksi
institutions. These included awards for the “Oil, Gas & Coal Support” category at the 2025 Bisnis Indonesia Awards, “Community
                                                                                                                                    The implementation of corporate governance pillars at Petrosea not only meets the minimum compliance requirements but has
Empowerment” category award at the Investor Daily ESG Appreciation 2025, “Platinum Alignment” rating at the Top 100
                                                                                                                                    also adopted international standards as stipulated in the ASEAN Corporate Governance Scorecard (ACGS). In the reporting year,
Indonesia 2025 La Tofi ESG Rating, “Best PR Leader Awards 2025”, “Indonesia Best Corporate Secretary Awards 2025” and
                                                                                                                                    Petrosea achieved an “Very Good” rating with a score of 94.79, surpassing the average score of the Big Cap 100 listed companies on
“Indonesia Top GCG Awards 2025” from The Iconomics, “Rating A for Best Sustainability Report 2024” from the Foundation
for International Human Rights Reporting Standards (FIHRRST), as well as an award for the “Leadership A – Advancing ESG             the Indonesia Stock Exchange, based on assessments conducted by an independent party. This result marks an improvement from

Transparency” category from the Bumi Global Karbon (BGK) Foundation. The Company was recognized as one of the “Top 50 Big           the previous year’s score of 92.21, and represents the highest achievement in Petrosea’s more than five decades operating in the
Capitalization Public Listed Companies” at the 16th IICD Corporate Governance Awards                                                mining and construction industry

                                                                                                                                                                                                                                          PT Petrosea Tbk               59


58     Laporan Tahunan / Annual Report 2025                                                                                                                                                                                            PTPT
                                                                                                                                                                                                                                          Petrosea
                                                                                                                                                                                                                                            Petrosea Tbk 59
                                                                                                                                                                                                                                                   Tbk    59
Page 31
     Ikhtisar Utama                                                                                                                                                                                                                                                                       Ikhtisar Utama
     Main Highlights                                                                                                                                                                                                                                                                      Main Highlights




Ikhtisar Saham
                                                                                                                                                                                                                                                                                                          Ikhtisar Saham
                                                                                                                                                                                                                                                                                                      Share Highlights


Share Highlights


Penawaran Saham Perdana PT Petrosea                               The Initial Public Offering of PT Petrosea                                                             Harga Saham (Rp)
                                                                                                                                                                                                                                                               Volume Transaksi                  Kapitalisasi
Tbk dilakukan pada tahun 1990, yaitu di                           Tbk shares was conducted in 1990 on the                       Tahun
                                                                                                                                                                          Share Price (Rp)                                           Jumlah
                                                                                                                                                                                                                                                                   (Lembar)                       Pasar (Rp)
                                                                                                                                                                                                                                  Lembar Saham
Bursa Efek Indonesia (dahulu Bursa Efek                           Indonesian Stock Exchange (formerly                            Year
                                                                                                                                               Pembukaan               Tertinggi      Terendah         Penutupan                   Total Shares
                                                                                                                                                                                                                                                              Transaction Volume                    Market
                                                                                                                                                                                                                                                                    (Share)                    Capitalization (Rp)
Jakarta).                                                         Jakarta Stock Exchange).                                                      Opening                 Highest        Lowest           Closing


                                                                                                                                  2025*
Pada tahun 2024, Petrosea melaksanakan                            In 2024, Petrosea carried out a stock split
aksi korporasi stock split dengan rasio                           with a ratio of 1:10. By early January 2025,                 TW1 / 1Q                27.950           28.325           2.050                  2.440            10.086.050.000                   6.496.127.483             24.609.962.000.000
1:10. Pada awal bulan Januari 2025,                               trading of shares on the Indonesia Stock
perdagangan saham di Bursa Efek                                   Exchange was conducted with the new                          TW2 / 2Q                2.080            3.380              1.850                2.790            10.086.050.000                   3.414.015.338             28.140.079.500.000
Indonesia sudah menggunakan nilai                                 nominal value of Rp5 per share from the
nominal baru senilai Rp5 per saham yang                           previous Rp50 per share. The number                          TW3 / 3Q                 2.760            7.350            2.580                 6.775            10.086.050.000                    6.166.323.213            68.332.988.750.000
sebelumnya senilai Rp50 per saham.                                of shares before the stock split was
Jumlah saham sebelum stock split adalah                           1,008,605,000 shares and after the stock                     TW4 / 4Q                6.800            11.250           6.000             10.925                10.086.050.000                   3.912.243.632             110.190.096.250.000
1.008.605.000 saham, setelah stock split                          split reached 10,086,050,000 shares.
menjadi 10.086.050.000 saham.                                     This stock split corporate action Increasing
                                                                                                                              Catatan / Notes:
Aksi korporasi stock split tersebut                               the number of shares outstanding,                           *Perusahaan telah resmi melakukan pemecahan saham dengan rasio 1 : 10 dan nilai nominal menjadi Rp5 per saham.
meningkatkan jumlah saham beredar,                                attracted new investors and increased the                   *The Company has officially carried out a stock split with a ratio of 1:10 and a nominal value of Rp5 per share.

menarik minat para calon investor baru                            number of shareholders, while expanding
dan menambah jumlah pemegang saham,                               the shareholder base, both domestic and
sehingga memperluas basis pemodal,                                foreign investors, as well as individual and
baik kelompok pemodal nasional maupun                             corporate shareholders.                                      Grafik Perdagangan Saham Tahun 2025
                                                                                                                               Stock Trading Chart in 2025
pemodal asing, serta klasifikasi pemegang                                                                                                                                                                                                                                          Juta Volume / Millions Volume
saham perorangan dan badan usaha.                                                                                              (Rp)

                                                                                                                               12.000


                          Harga Saham (Rp)
                                                                                  Volume Transaksi        Kapitalisasi
                           Share Price (Rp)                       Jumlah
  Tahun                                                                               (Lembar)             Pasar (Rp)                                                                                                                                                                                                           400
                                                              Lembar Saham
   Year                                                                          Transaction Volume          Market            10.000
             Pembukaan   Tertinggi   Terendah   Penutupan      Total Shares*
                                                                                       (Share)          Capitalization (Rp)
              Opening     Highest     Lowest     Closing                                                                                                                                                                                                                                                                        350




     2024
                                                                                                                                8.000                                                                                                                                                                                           300




  TW1 / 1Q    5.300       6.000       4.200       4.210      1.008.605.000         512.950.972        4.246.227.050.000                                                                                                                                                                                                         250


                                                                                                                                6.000

                                                                                                                                                                                                                                                                                                                                200
 TW2 / 2Q      4.210      9.850       3.940       8.425      1.008.605.000          541.817.814        8.497.497.125.000


                                                                                                                                                                                                                                                                                                                                150
                                                                                                                                4.000
 TW3 / 3Q      8.450     15.200        6.925     14.025      1.008.605.000         688.089.482        14.145.685.125.000

                                                                                                                                                                                                                                                                                                                                100


                                                                                                                                2.000
 TW4 / 4Q     14.100     29.300       12.825     27.625      1.008.605.000         463.325.092        27.862.713.125.000
                                                                                                                                                                                                                                                                                                                                50




Catatan / Notes:                                                                                                                   0                                                                                                                                                                                            0

*Dihitung berdasarkan jumlah setelah pemecahan saham yang berlaku efektif pada 7 Januari 2025, sebesar 10.025.563.083                     03/01/2025      03/02/2025     03/03/2025   03/04/2025   03/05/2025       03/06/2025      03/07/2025   03/08/2025     03/09/2025   03/10/2025      03/11/2025        03/12/2025



*Calculated based on number of shares after stock split that is effective as of 7 January 2025, amounted 10.025.563.083                                                                                                                                                                                    Volume       Close




60        Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                                                 PT Petrosea Tbk                                  61
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     Ikhtisar Utama                                                                                                                                                              Ikhtisar Utama
     Main Highlights                                                                                                                                                             Main Highlights



Ikhtisar Saham                                                                                                                                                                              Ikhtisar Saham
Share Highlights                                                                                                                                                                          Share Highlights




Aksi Korporasi Tahun 2025                      Corporate Actions in 2025                      Berikut kronologis suspension tersebut:             The chronology of the suspension is as
                                                                                                                                                  follows:
Selama tahun 2025, Perusahaan                  During 2025, the Company completed
menyelesaikan aksi korporasi berupa            a corporate action in the form of a stock
pemecahan saham (stock split) yang             split, the process of which had begun
                                                                                                          No. Surat                 Tanggal                            Keteranganw
prosesnya telah dimulai sejak Desember         in December 2024. The stock split was
                                                                                                           Letter No.                   Date
2024. Pemecahan saham dilakukan                conducted at a ratio of 1:10, changing
dengan rasio 1:10, yaitu dari nilai nominal    the nominal value from Rp50 per share to
                                                                                                Peng-SPT-00292/BEI.WAS/10-2025   3 Oktober 2025         Penghentian sementara perdagangan saham
Rp50 per saham menjadi Rp5 per saham,          Rp5 per share, resulting in a change in the                                       3 October 2025         PT Petrosea Tbk (PTRO)
sehingga mengakibatkan perubahan pada          Company’s total number of outstanding                                                                    Temporary suspension of trading of
                                                                                                                                                        PT Petrosea Tbk (PTRO) shares
jumlah saham beredar Perusahaan.               shares.

Sehubungan dengan pelaksanaan aksi             In connection with the implementation of
korporasi tersebut, tanggal 3 Januari          this corporate action, 3 January 2025 was        Peng-UPT-00279/BEI.WAS/10-2025   6 Oktober 2025         Suspensi atas perdagangan saham
                                                                                                                                 6 October 2025         PT Petrosea Tbk (PTRO) di Pasar Reguler dan
2025 merupakan tanggal dimulainya              the date when trading of the Company’s                                                                   Pasar Tunai serta Waran Terstruktur
perdagangan saham Perusahaan dengan            shares with the new nominal value                                                                        PT Petrosea Tbk (PTRODRCG6A,
                                                                                                                                                        PTROYUCK6A, PTROZPCK6A dan
nilai nominal baru di Pasar Reguler.           commenced in the Regular Market.
                                                                                                                                                        PTROHDCK6A) di seluruh pasar dibuka
Selain aksi korporasi tersebut,                Aside from this corporate action, during                                                                 kembali mulai sesi I tanggal 7 Oktober 2025
selama tahun 2025 Perusahaan tidak             2025 the Company did not undertake any                                                                   The suspension of trading of PT Petrosea Tbk
                                                                                                                                                        (PTRO) shares on the Regular Market and Cash
melakukan aksi korporasi lainnya, seperti      other corporate actions, such as a reverse                                                               Market, as well as the structured warrants of PT
penggabungan saham (reverse stock),            stock split, stock dividend distribution,                                                                Petrosea Tbk (PTRODRCG6A, PTROYUCK6A,
                                                                                                                                                        PTROZPCK6A and PTROHDCK6A) on all
pembagian dividen saham, penerbitan            issuance of bonus shares, changes in
                                                                                                                                                        markets was lifted and trading resumed from
saham bonus, perubahan nilai nominal           the nominal value of shares, issuance of                                                                 the first session on 7 October 2025
saham, penerbitan efek bersifat konversi,      convertible securities, or capital increases
maupun penambahan atau pengurangan             or reductions.
modal.

Penghentian dan/atau Pembatalan                2025 Suspension and/or Delisting
Pencatatan Saham 2025
Sehubungan dengan terjadinya kenaikan          In view of the significant and cumulative
harga saham Petrosea secara signifikan         increase in Petrosea’s share price, on
dan kumulatif, maka pada 3 Oktober 2025        3 October 2025, the Indonesia Stock
Bursa Efek Indonesia memandang perlu           Exchange deemed it necessary to
untuk melakukan cooling down dengan            implement a cooling down measure by
memberlakukan penghentian sementara            temporarily suspending trading of the
(suspension) atas perdagangan saham di         shares on the regular and cash markets.
pasar reguler dan pasar tunai. Pada            On 7 October 2025, the suspension on all
7 Oktober 2025, suspension di seluruh          markets was lifted.
pasar telah dibuka kembali.




62      Laporan Tahunan / Annual Report 2025                                                                                                                                PT Petrosea Tbk                63
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     Ikhtisar Utama                                                                                                                                                        Ikhtisar Utama
     Main Highlights                                                                                                                                                       Main Highlights




Ikhtisar Obligasi & Sukuk
                                                                                                                                                                            Ikhtisar Obligasi & Sukuk
                                                                                                                                                                           Bonds & Sukuk Highlights


Bonds & Sukuk Highlights



Untuk pertama kalinya dalam sejarah,               For the first time in its history,                Berikut rincian atas penawaran umum          The details of the shelf-registered public
Petrosea menerbitkan Penawaran Umum                Petrosea issued its Public Offering of            berkelanjutan tersebut:                      offering are as follows:
Obligasi Berkelanjutan I dengan total nilai        Shelf-Registered Bonds I with a total value
Rp2 triliun dan Sukuk Ijarah Berkelanjutan I       of Rp2 trillion and Shelf-Registered Sukuk        Penawaran Umum Obligasi Berkelanjutan        Public Offering of Shelf-Registered
dengan total nilai Rp1 triliun yang terdiri dari   Ijarah with a total value of Rp1 trillion which   I Petrosea Tahap I Tahun 2024 dan Sukuk      Bonds I Petrosea Phase I 2024 and Shelf-
dua tahap.                                         consists of two phases.                           Ijarah Berkelanjutan I Petrosea Tahap I      Registered Sukuk Ijarah I Petrosea Phase
                                                                                                     Tahun 2024                                   I 2024
Pada tahap I tahun 2024, jumlah pokok              In phase I of 2024, the principal amount          Perusahaan menerbitkan Penawaran Umum        The Company issued its Public Offering
Obligasi Berkelanjutan adalah senilai              for Shelf-Registered Bonds amounted               Obligasi Berkelanjutan I Petrosea Tahap I    of Shelf-Registered Bonds I Petrosea
Rp1 triliun dan Sukuk Ijarah Berkelanjutan         to Rp1 trillion and Shelf Registered              Tahun 2024 dan Sukuk Ijarah Berkelanjutan    Phase I 2024 and Shelf-Registered Sukuk
dengan sisa imbalan ijarah adalah senilai          Sukuk Ijarah with the remaining ijarah            I Petrosea Tahap I Tahun 2024, dimana        Ijarah I Petrosea Phase I 2024, in which
Rp500 miliar. Sedangkan pada tahap                 consideration amounted to Rp500                   Perusahaan memperoleh pernyataan             the Company obtained an effective
II, tahun 2025 jumlah pokok Obligasi               billion. Meanwhile, in phase II of 2025, the      pendaftaran efektif dari OJK berdasarkan     registration statement from the OJK based
Berkelanjutan adalah senilai Rp1 triliun dan       principal amount for Shelf-Registered             surat OJK No. S-162/D.04/2024 tanggal        on OJK letter No. S-162/D.04/2024 dated
Sukuk Ijarah Berkelanjutan dengan sisa             Bonds amounted to Rp1 trillion and Shelf          6 Desember 2024.                             6 December 2024.
imbalan ijarah adalah senilai Rp500 miliar.        Registered Sukuk Ijarah with the remaining
                                                   ijarah consideration amounted to                  Seluruh dana yang diperoleh dari hasil       All funds obtained from the results of
                                                   Rp500 billion.                                    Penawaran Umum Berkelanjutan Obligasi        the Public Offering of Shelf-Registered
                                                                                                     Berkelanjutan I Petrosea Tahap I Tahun       Bonds I Petrosea Phase I 2024 and Shelf-
                                                                                                     2024 dan Sukuk Ijarah Berkelanjutan          Registered Sukuk Ijarah I Petrosea Phase
                                                                                                     I Petrosea Tahap I Tahun 2024 ini,           I 2024, after deducting issuance costs,
                                                                                                     setelah dikurangi biaya-biaya emisi          will be used by the Company entirely for
                                                                                                     akan dipergunakan oleh Perusahaan            the Company’s working capital, through
                                                                                                     seluruhnya untuk modal kerja Perusahaan,     projects carried out by the Company,
                                                                                                     melalui proyek-proyek yang dikerjakan        both mining projects and engineering &
                                                                                                     Perusahaan, baik proyek pertambangan         construction projects as the Company’s
                                                                                                     maupun proyek rekayasa & konstruksi          main business activities, with the following
                                                                                                     yang merupakan kegiatan usaha utama          details:
                                                                                                     Perusahaan, dengan rincian sebagai
                                                                                                     berikut:

                                                                                                     a.   Sekitar 40% akan dipergunakan untuk     a.   Approximately 40% will be used for
                                                                                                          pembelian material dan jasa terkait          the purchase of materials and services
                                                                                                          pembelian material yang bersifat beli        related to the purchase of materials
                                                                                                          putus sesuai kebutuhan Perusahaan            that are of an outright nature according
                                                                                                          dan ketersediaan material dari               to the Company’s needs and the
                                                                                                          pihak yang tidak terafiliasi dengan          availability of materials from parties
                                                                                                          Perusahaan                                   not affiliated with the Company

                                                                                                     b. Sekitar 27% akan dipergunakan untuk       b. Approximately 27% will be used for
                                                                                                        biaya operasi alat berat dan peralatan       heavy equipment and equipment
                                                                                                                                                     operating costs



64     Laporan Tahunan / Annual Report 2025                                                                                                                             PT Petrosea Tbk          65
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      Ikhtisar Utama                                                                                                                                                                                        Ikhtisar Utama
      Main Highlights                                                                                                                                                                                       Main Highlights



Ikhtisar Obligasi & Sukuk                                                                                                                                                                                    Ikhtisar Obligasi & Sukuk
Bonds & Sukuk Highlights                                                                                                                                                                                    Bonds & Sukuk Highlights




c. Sekitar 25% akan dipergunakan untuk                                    c. Approximately 25% will be used for                       Penawaran Umum Obligasi Berkelanjutan        The Company issued Petrosea’s Bonds
   biaya tenaga kerja                                                        labor costs                                              I Petrosea Tahap II Tahun 2025 dan Sukuk     Shelf-Registered Public Offering I Phase
d. Sisanya akan dipergunakan untuk                                        d. The remainder will be used for other                     Ijarah Berkelanjutan I Petrosea Tahap II     II 2025 and Petrosea’s Shelf-Registered
   beban usaha lainnya                                                       business expenses                                        Tahun 2025                                   Sukuk Ijarah I Phase II 2025

Rinciannya adalah sebagai berikut:                                        The details are as follows:                                 Perusahaan menerbitkan Penawaran             The Company issued Petrosea’s Bonds
                                                                                                                                      Umum Berkelanjutan I Petrosea Tahap II       Shelf-Registered Public Offering I Phase
                                                                                                                                      Tahun 2025 dan Sukuk Ijarah Berkelanjutan    II 2025 and Petrosea’s Shelf-Registered
                      Penawaran Umum Obligasi Berkelanjutan I Petrosea Tahap I Tahun 2024                                             I Petrosea Tahap II Tahun 2025, di mana      Sukuk Ijarah I Phase II 2025, in which the
                                 Public Offering of Shelf-Registered Bonds I Petrosea Phase I 2024
                                                                                                                                      Perusahaan telah memperoleh verbal           Company obtained verbal clearance from
     Nama                                                   Peringkat &                                                               clearance dari OJK pada tanggal 21 Maret     OJK on 21 March 2025.
                                       Tingkat Bunga                                    Tanggal       Tanggal Jatuh
  Obligasi        Nilai (Rp)
                                            (%)
                                                           Pemeringkat       Tenor
                                                                                        Penerbitan      Tempo             Status      2025.
  Name of         Value (Rp)                              Rating & Rating    Period
                                      Interest Rate (%)                               Issuance Date   Maturity Date
   Bonds                                                     Agencies

                                                                                                                                      Seluruh dana yang diperoleh dari hasil       All funds obtained from the results of the
                                                               idA+           367     16 Desember     20 Desember         Lunas
     Seri A   47.000.000.000                6,50
                                                          (SINGLE A PLUS)     hari        2024            2025           Paid Off     Penawaran Umum Berkelanjutan Obligasi        Continuous Public Offering of Petrosea’s
                                                                                                                                      Berkelanjutan I Petrosea Tahap II Tahun      Bonds Shelf-Registered Phase I Year
                                                                                                                           Aktif/

     Seri B   171.640.000.000               8,00
                                                               idA+            3      16 Desember         13 Desember   Belum Lunas   2025 dan Sukuk Ijarah Berkelanjutan          2024 and Petrosea’s Shelf-Registered
                                                          (SINGLE A PLUS)    tahun        2024                2027       Active/Not
                                                                                                                          Paid Off    I Petrosea Tahap II Tahun 2025 ini,          Sukuk Ijarah I Phase I Year 2024, after
                                                                                                                                      setelah dikurangi biaya-biaya emisi          deducting issuance costs, will be used by
                                                                                                                           Aktif/
                                                               idA+            5      16 Desember         13 Desember   Belum Lunas   akan dipergunakan oleh Perusahaan            the Company entirely for the Company’s
     Seri C   465.400.000.000               8,75
                                                          (SINGLE A PLUS)    tahun        2024                2029       Active/Not
                                                                                                                          Paid Off
                                                                                                                                      seluruhnya untuk modal kerja Perusahaan,     working capital, through projects carried
                                                                                                                                      melalui proyek-proyek yang dikerjakan        out by the Company on mining projects
                                                                                                                           Aktif/
                                                               idA+            7      16 Desember         13 Desember   Belum Lunas
                                                                                                                                      Perusahaan pada proyek-proyek                and engineering & construction projects
     Seri D   315.960.000.000               9,50
                                                          (SINGLE A PLUS)    tahun        2024                2031       Active/Not   pertambangan dan proyek-proyek               which are the Company’s main business
                                                                                                                          Paid Off
                                                                                                                                      rekayasa & konstruksi yang merupakan         activities, with the following details:
                                                                                                                                      kegiatan usaha utama Perusahaan, dengan
                    Penawaran Umum Sukuk Ijarah Berkelanjutan I Petrosea Tahap I Tahun 2024
                               Public Offering of Shelf-Registered Sukuk Ijarah I Petrosea Phase I 2024                               rincian sebagai berikut:
                                                                                                                                                                                   a.   Approximately 67% will be allocated
                                       Cicilan Imbalan
                                                                                                                                      a.   Sekitar 67% akan dipergunakan untuk
   Nama                                                     Peringkat &                                                                                                                 for the purchase of materials and
   Sukuk          Nilai (Rp)
                                          Ijarah (Rp)
                                                           Pemeringkat       Tenor
                                                                                         Tanggal        Tanggal                            pembelian material dan jasa terkait
                                             Ijarah                                     Penerbitan    Jatuh Tempo         Status                                                        related services through outright
  Name of         Value (Rp)
                                        Compensation
                                                              Rating &       Period
                                                                                      Issuance Date   Maturity Date                        pembelian material yang bersifat beli
   Sukuk                                                  Rating Agencies                                                                                                               purchases, in line with the Company’s
                                       Installment (Rp)                                                                                    putus sesuai kebutuhan Perusahaan
                                                                                                                                                                                        operational requirements and the
                                                              idA+(sy)
                                                                                                                                           dan ketersediaan material dari
                                                                              367     16 Desember     20 Desember         Lunas                                                         availability of materials from non-
     Seri A   33.000.000.000           2.145.000.000      (SINGLE A PLUS
                                                                              hari        2024            2025           Paid Off          pihak yang tidak terafiliasi dengan
                                                             SYARIAH)
                                                                                                                                                                                        affiliated parties, including expenses
                                                                                                                                           Perusahaan, termasuk untuk biaya
                                                                                                                                                                                        for the operation of heavy equipment
                                                              idA+(sy)
                                                                                                                        Aktif/Belum        operasi alat berat dan peralatan
     Seri B   128.360.000.000         10.268.800.000      (SINGLE A PLUS
                                                                               3      16 Desember         13 Desember      Lunas                                                        and machinery
                                                                             tahun        2024                2027      Active/Not
                                                             SYARIAH)
                                                                                                                         Paid Off
                                                                                                                                      b. Sekitar 25% akan dipergunakan untuk       b. Approximately 25% will be used for
                                                              idA+(sy)
                                                                                                                        Aktif/Belum      biaya-biaya tenaga kerja                     labor costs
                                                                               5      16 Desember         13 Desember      Lunas
     Seri C   254.600.000.000         22.277.500.000      (SINGLE A PLUS
                                                             SYARIAH)
                                                                             tahun        2024                2029      Active/Not
                                                                                                                         Paid Off
                                                                                                                                      c. Sisanya akan dipergunakan untuk           c. The remainder will be used for other
                                                                                                                                         beban usaha lainnya                          business expenses
                                                                                                                        Aktif/Belum
                                                              idA+(sy)
                                                                               7      16 Desember         13 Desember      Lunas
     Seri D   84.040.000.000           7.983.800.000      (SINGLE A PLUS
                                                                             tahun        2024                2031      Active/Not
                                                             SYARIAH)
                                                                                                                         Paid Off




66        Laporan Tahunan / Annual Report 2025                                                                                                                                                           PT Petrosea Tbk          67
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      Ikhtisar Utama                                                                                                                    Ikhtisar Utama
      Main Highlights                                                                                                                   Main Highlights



Ikhtisar Obligasi & Sukuk
Bonds & Sukuk Highlights




                      Penawaran Umum Obligasi Berkelanjutan I Petrosea Tahap II Tahun 2025
                               Public Offering Shelf-Registered Bonds I Petrosea Phase II Year 2025

   Nama                                                    Peringkat &
                                      Tingkat Bunga                                        Tanggal      Tanggal Jatuh
  Obligasi        Nilai (Rp)                               Pemeringkat        Tenor
                                           (%)                                            Penerbitan       Tempo          Status
  Name of         Value (Rp)                              Rating & Rating     Period
                                     Interest Rate (%)                                  Issuance Date   Maturity Date
   Bonds                                                    Agencies


                                                                                                                        Aktif/Belum
                                                               idA+                                                        Lunas
     Seri A   39.200.000.000               7,75                               3 tahun   24 Maret 2025   21 Maret 2028
                                                          (SINGLE A PLUS)                                               Active/Not
                                                                                                                         Paid Off


                                                                                                                        Aktif/Belum
                                                               idA+                                                        Lunas
     Seri B   476.200.000.000              8,75                               5 tahun   24 Maret 2025   21 Maret 2030
                                                          (SINGLE A PLUS)                                               Active/Not
                                                                                                                         Paid Off


                                                                                                                        Aktif/Belum
                                                               idA+                                                        Lunas
     Seri C   484.600.000.000              9,30                               7 tahun   24 Maret 2025   21 Maret 2032
                                                          (SINGLE A PLUS)                                               Active/Not
                                                                                                                         Paid Off




                   Penawaran Umum Sukuk Ijarah Berkelanjutan I Petrosea Tahap II Tahun 2025
                            Public Offering Shelf-Registered Sukuk Ijarah I Petrosea Phase II Year 2025

                                     Cicilan Imbalan
   Nama                                                     Peringkat &
                                        Ijarah (Rp)                                        Tanggal        Tanggal
   Sukuk          Nilai (Rp)                               Pemeringkat        Tenor
                                           Ijarah                                         Penerbitan    Jatuh Tempo       Status
  Name of         Value (Rp)                                  Rating &        Period
                                      Compensation                                      Issuance Date   Maturity Date
   Sukuk                                                  Rating Agencies
                                     Installment (Rp)


                                                                                                                        Aktif/Belum
                                                         idA+(sy) (SINGLE A                                                Lunas
     Seri A    59.100.000.000        4.580.250.000                            3 tahun   24 Maret 2025   21 Maret 2028
                                                           PLUS SYARIAH)                                                Active/Not
                                                                                                                         Paid Off


                                                                                                                        Aktif/Belum
                                                         idA+(sy) (SINGLE A                                                Lunas
     Seri B   223.900.000.000        19.591.250.000                           5 tahun   24 Maret 2025   21 Maret 2030
                                                           PLUS SYARIAH)                                                Active/Not
                                                                                                                         Paid Off


                                                                                                                        Aktif/Belum
                                                         idA+(sy) (SINGLE A                                                Lunas
     Seri C   217.000.000.000        20.181.000.000                           7 tahun   24 Maret 2025   21 Maret 2032
                                                           PLUS SYARIAH)                                                Active/Not
                                                                                                                         Paid Off




Realisasi penggunaan hasil Penawaran                                     The realization of the useof proceeds from
Umum Berkelanjutan ini dapat dilihat pada                                this Public Offering of Shelf-Registered
Bab Analisa & Pembahasan Manajemen                                       can be found in the Management Analysis
halaman xxx Laporan Tahunan ini                                          & Discussion section on page xxx of this
                                                                         Annual Report




68        Laporan Tahunan / Annual Report 2025                                                                                        PT Petrosea Tbk     69
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     Ikhtisar Utama                                                                                                                                 Ikhtisar Utama
     Main Highlights                                                                                                                                Main Highlights




Penghargaan & Sertifikasi
                                                                                                                                                    Penghargaan & Sertifikasi
                                                                                                                                                     Awards & Certifications

Awards & Certifications



PENGHARGAAN
AWARDS




       31 Jan 2025
                          Penghargaan dengan kategori “PLATINUM”
                                                                                23 Apr 2025
 Pelaksanaan              atas kinerjanya terkait pelaporan dan                                   Penghargaan atas pelaksanaan Panitia
 Panitia Pembina          pelaksanaan Panitia Pembina Keselamatan &          Pelaksanaan          Pembina Keselamatan & Kesehatan Kerja
 Keselamatan &
                          Kesehatan Kerja (P2K3) di Perusahaan selama        Panitia Pembina      (P2K3) Tingkat Provinsi Banten untuk Kantor
 Kesehatan Kerja                                                             Keselamatan &
                          tahun 2024 dari Dinas Tenaga Kerja dan                                  Pusat dari Gubernur Banten
 Implementation of                                                           Kesehatan Kerja
                          Transmigrasi Provinsi Kalimantan Timur
 the Occupational                                                            Implementation of    Implementation of the Occupational Health
 Health & Safety          Award with “PLATINUM” category for excellence      the Occupational     & Safety Committee (P2K3) in the Banten
 Advisory Committee       in the reporting and implementation of the         Health & Safety      Provincial Level for the Head Office from the
                          Occupational Health & Safety Committee             Advisory Committee
                                                                                                  Governor of Banten
                          (P2K3) in the Company during 2024 from the
                          East Kalimantan Provincial Manpower and
                          Transmigration Office




                                                                                 23 Apr 2025
                                                                             Program              Penghargaan atas Program Pencegahan
        12 Feb 2025       Penghargaan dengan predikat “EMAS” atas            Pencegahan &
                                                                                                  dan Penanggulangan HIV/AIDS Tingkat
                                                                             Penanggulangan
                          kinerja pengelolaan Sistem Manajemen Mutu,                              Provinsi Banten dari Gubernur Banten
     Kinerja Sistem                                                          HIV/AIDS
                          K3, Lingkungan & Energi selama tahun 2024
     Manajemen Mutu,
                          dari PT Kideco Jaya Agung                          HIV/AIDS             HIV/AIDS Prevention and Countermeasure
     K3, Lingkungan &
                                                                             Prevention &         Program award in the Banten Provincial
     Energi
                          Award with “GOLD” predicate for excellence         Countermeasure
                                                                                                  Level from the Governor of Banten
     Performance of       in the management of Quality, OHS,                 Program
     Quality, OHS,
                          Environment & Energy Management Systems
     Environment &
     Energy Management    during 2024 from PT Kideco Jaya Agung
     Systems




                                                                                 23 Apr 2025      Penghargaan Nihil Kecelakaan Kerja Tingkat
                                                                                                  Provinsi Banten untuk Kantor Pusat dari
                                                                             Pencapaian Nihil
                                                                                                  Gubernur Banten
       12 Mar 2025        Juara 1 kompetisi “AI Hackathon 2025” atas         Kecelakaan Kerja
                          pengembangan solusi kecerdasan buatan untuk        Zero Accident        Zero Accident Award in the Banten
 MII Hackathon
                          use case keselamatan yang diselenggarakan oleh     Achievement          Provincial Level for the Head Office from
 2025: Powering
 Innovation with          Microsoft Indonesia bersama PT Mitra Integrasi                          the Governor of Banten
 Azure AI                 Informatika

                          1st Place in the “AI Hackathon 2025” competition
                          for the development of artificial intelligence
                          solutions for safety use cases organized by
                          Microsoft Indonesia together with PT Mitra
                          Integrasi Informatika




70      Laporan Tahunan / Annual Report 2025                                                                                                      PT Petrosea Tbk         71
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     Ikhtisar Utama                                                                                                                                                                               Ikhtisar Utama
     Main Highlights                                                                                                                                                                              Main Highlights



Penghargaan & Sertifikasi                                                                                                                                                                         Penghargaan & Sertifikasi
Awards & Certifications                                                                                                                                                                              Awards & Certifications




        23 Jun 2025
                            Penghargaan PROPER Daerah (PROPERDA) dengan                                              26 Jun 2025   Penghargaan untuk Pencegahan & Penanggulangan HIV/AIDS di tempat kerja
     PROPERDA untuk         peringkat BIRU untuk Program Penilaian Kinerja                                                         dalam kategori “PLATINUM” bagi Petrosea di proyek Kideco Jaya Agung,
                                                                                                                  Program
     Pengelolaan            Perusahaan dalam Pengelolaan Lingkungan Hidup                                         Pencegahan &     Karya Bhumi Lestari di proyek Kartika Selabumi Mining , Petrosea di proyek
     Lingkungan Hidup                                                                                             Penanggulangan   Cristian Eka Pratama, serta Cristian Eka Pratama dan Petrosea di Petrosea
                            Tahun 2024-2025 yang diberikan kepada Petrosea
     PROPERDA for                                                                                                 HIV/AIDS         Support Facilites (PSF) dari Gubernur Kalimantan Timur
                            Support Facilities (PSF) dari Gubernur Kalimantan Timur
     Environmental                                                                                                HIV/AIDS
     Management             PROPER Daerah (PROPERDA) Award with BLUE rating                                                        Awards for HIV/AIDS Prevention and Countermeasure Program in the
                                                                                                                  Prevention &
                            for the Company Performance Rating Program in                                                          workplace for Petrosea at the Kideco Jaya Agung project,
                                                                                                                  Countermeasure
                            Environmental Management 2024-2025 presented to                                       Program          Karya Bhumi Lestari at the
                            Petrosea Support Facilities (PSF) from the Governor of                                                 Kartika Selabumi Mining
                            East Kalimantan                                                                                        project, Petrosea at the
                                                                                                                                   Cristian Eka Pratama project,
                                                                                                                                   as well as Cristian Eka Pratama
                                                                                                                                   and Petrosea at Petrosea
                                                                                                                                   Support Facilities (PSF)
                                                                                                                                   from the Governor of
                                                                                                                                   East Kalimantan
                            Penghargaan atas pencapaian nihil kecelakaan kerja (zero accident) untuk proyek
        26 Juni 2025
                            Kideco Jaya Agung dengan 49.568.236 jam kerja Lost Time Injury (LTI) Free, proyek
     Pencapaian Nihil       Kartika Selabumi Mining dengan 7.331.150 jam kerja LTI Free, proyek Cristian Eka
     Kecelakaan Kerja       Pratama dengan 3.119.63 6 jam kerja LTI Free, proyek Indo Bara Pratama dengan
                            3.049.329 jam kerja LTI Free dan PT Cristian Eka Pratama dengan 4.531.451 jam kerja
     Zero Accident
     Achievement            LTI Free dari Gubernur Kalimantan Timur

                            Zero accident awards for
                            the Kideco Jaya Agung                                                                                  Penghargaan atas Program Penanggulangan Tuberkulosis dalam kategori
                            project with 49,568,236                                                                  26 Jun 2025
                                                                                                                                   “GOLD”untuk Petrosea di proyek Kideco Jaya Agung, serta kategori
                            manhours Lost Time Injury                                                                              “PLATINUM” untuk Karya Bhumi Lestari di proyek Kartika Selabumi Mining dan
                            (LTI) Free, Kartika Selabumi                                                          Program
                                                                                                                                   Petrosea Support Facilites (PSF) dari Gubernur Kalimantan Timur
                                                                                                                  Penanggulangan
                            Mining project with 7,331,150
                                                                                                                  Tuberkulosis
                            manhours LTI Free, Cristian                                                                            Awards for the
                            Eka Pratama project with                                                              Tuberculosis     Tuberculosis Prevention
                                                                                                                  Prevention       Program in the “GOLD”
                            3,119,636 manhours LTI Free,
                                                                                                                  Program
                            Indo Bara Pratama project                                                                              category for Petrosea at
                            with 3,049,329 manhours                                                                                the Kideco Jaya Agung
                            LTI Free and PT Cristian                                                                               Project, as well as in the
                            Eka Pratama with 4,531,451                                                                             “PLATINUM” category for
                            manhours LTI Free from the                                                                             Karya Bhumi Lestari at the
                            Governor of East Kalimantan                                                                            Kartika Selabumi Mining
                                                                                                                                   project and Petrosea
                                                                                                                                   Support Facilities (PSF)
                                                                                                                                   from the Governor of East
                                                                                                                                   Kalimantan




72      Laporan Tahunan / Annual Report 2025                                                                                                                                                  PT Petrosea Tbk           73
Page 38
     Ikhtisar Utama                                                                                                                                          Ikhtisar Utama
     Main Highlights                                                                                                                                         Main Highlights



Penghargaan & Sertifikasi                                                                                                                                    Penghargaan & Sertifikasi
Awards & Certifications                                                                                                                                        Awards & Certifications




        07 Aug 2025                                                                   16 Sep 2025
                            Penghargaan dalam kategori "ADITAMA" untuk
                            proyek Sumberdaya Arindo atas prestasinya                                  Penghargaan “SILVER” untuk kategori Inovasi
     Penghargaan                                                                   Environmental and
                            dalam pengelolaan Good Mining Practices di                                 Sosial di ajang Environmental and Social
     Good Mining                                                                   Social Innovation
                            aspek Pengelolaan Standardisasi dan Usaha Jasa                             Innovation Awards (ENSIA) 2025 yang diadakan
     Practices                                                                     Awards (ENSIA)
                            Pertambangan Mineral untuk Pemegang Izin Usaha         2025                oleh Sucofindo
     Good Mining            Jasa Pertambangan (IUJP) dari PT Aneka Tambang Tbk                         “SILVER” award in the Social Innovation category
     Practices Award
                                                                                                       at the Environmental and Social Innovation Awards
                            Award in the “ADITAMA” category for the
                                                                                                       (ENSIA) 2025 which was organized by Sucofindo
                            Sumberdaya Arindo project for its achievement in
                            Good Mining Practices management in the aspect of
                            Standardization and Mineral Mining Services Business
                            Management for Mining Services Business License
                            (IUJP) holders from PT Aneka Tambang Tbk




                                                                                      17 Sep 2025
                                                                                                       Penghargaan untuk kategori “Teknologi Jasa
                                                                                                       Industri” di ajang Penghargaan Rintisan Teknologi
                                                                                   Penghargaan
                                                                                   Rintisan            Industri (RINTEK) 2025 yang diadakan oleh
                                                                                   Teknologi           Kementerian Perindustrian Republik Indonesia
                                                                                   Industri            Award in the “Industrial Services Technology”
        28 Aug 2025         Penghargaan “Bintang 5” atas pencapaian                (RINTEK) 2025
                                                                                                       category during the Rintisan Teknologi Industri
                            kematangan budaya K3 dalam kategori The Best
                                                                                                       (RINTEK) 2025 awards organized by the Ministry of
     Penghargaan            Communication of Safety Message, The Best OSH
     OSH Asia’s                                                                                        Industry of the Republic of Indonesia
                            Innovation, The Best Continuous Improvement
     Summit 2025
                            of an OSH Management Performance, The Best
     OSH Asia’s Summit      CEO Committed to OSH Culture dan The Best HSE
     Award 2025
                            Manager dari First Indonesia Magazine

                            “5 Star” awards for the categories of The Best
                            Communication of Safety Message, The Best OSH
                            Innovation, The Best Continuous Improvement
                            of an OSH Management Performance, The Best
                                                                                      10 Dec 2025      Penghargaan dengan predikat “GOLD” untuk
                            CEO Committed to OSH Culture dan The Best HSE                              Program GENTING (Gerakan Orangtua Asuh
                            Manager from First Indonesia Magazine                                      Cegah Stunting) di proyek Kideco Jaya Agung
                                                                                   Penghargaan
                                                                                   Program Cegah       dari Menteri Kependudukan dan Pembangunan
                                                                                   Stunting            Keluarga / Kepala BKKBN

                                                                                   Stunting            Award in the “GOLD” category for the GENTING
                                                                                   Prevention          Program (Gerakan Orangtua Asuh Cegah
                                                                                   Program Award       Stunting) at the Kideco Jaya Agung Project
                                                                                                       from the Minister of Population and Family
                                                                                                       Development / Head of BKKBN




74      Laporan Tahunan / Annual Report 2025                                                                                                               PT Petrosea Tbk        75
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     Ikhtisar Utama                                                                                                                                           Ikhtisar Utama
     Main Highlights                                                                                                                                          Main Highlights



Penghargaan & Sertifikasi                                                                                                                                     Penghargaan & Sertifikasi
Awards & Certifications                                                                                                                                        Awards & Certifications




PENGHARGAAN - TATA KELOLA
AWARDS - GOVERNANCE




        30 Jun 2025
                                                                                        20 Nov 2025       Penghargaan untuk kategori “Community
                            Penghargaan untuk kategori “Pendukung Minyak,                                 Empowerment” di ajang Investor Daily
     Bisnis Indonesia                                                                Investor Daily
     Awards 2025            Gas & Batu Bara” di ajang Bisnis Indonesia Awards                             ESG Appreciation 2025 yang diselenggarakan
                                                                                     ESG Appreciation
                            2025 yang diadakan oleh Bisnis Indonesia Group           2025                 oleh B Universe

                            Award for the “Oil, Gas & Coal Support” category                              Award for the “Community Empowerment”
     PENGHARGAAN            at the Bisnis Indonesia Awards 2025 held by Bisnis                            category at the Investor Daily ESG Appreciation
     AWARDS                 Indonesia Group                                                               2025 organized by B Universe




                                                                                                          Penghargaan untuk predikat "PLATINUM
        15 Sep 2025         Penghargaan untuk kategori “Top 50 Big                      25 Nov 2025       ALIGNMENT" dengan meraih skor 92,88% dan
                            Capitalization Public Listed Companies” di ajang                              menempati posisi "Risk High - Action High
                                                                                     Top 100
     16th IICD Corporate    16th IICD Corporate Governance Awards 2025               Indonesia 2025       (Leader Quadrant)" di ajang Top 100 Indonesia
     Governance             yang diselenggarakan oleh Indonesian Institute for       La Tofi ESG Rating   2025 La Tofi ESG Rating yang diselenggarakan
     Awards 2025            Corporate Directorship (IICD)                                                 oleh La Tofi School of Social Responsibility

                            Award for the “Top 50 Big Capitalization Public Listed                        Award for the “PLATINUM ALIGNMENT”
                            Companies” category at the 16th IICD Corporate                                predicate with a score of 92.88% and placing in
                            Governance Awards 2025 organized by the                                       the “Risk High – Action High (Leader Quadrant)”
                            Indonesian Institute for Corporate Directorship (IICD)                        position at the Top 100 Indonesia 2025 La Tofi
                                                                                                          ESG Rating organized by La Tofi School of
                                                                                                          Social Responsibility




        12 Nov 2025
                            Penghargaan untuk kategori “Leadership
     Indonesia ESG          A - Advancing ESG Transparency” dari                        16 Des 2025
     Leadership Awards      Bumi Global Karbon (BGK) Foundation                                           Penghargaan dengan kategori "Peringkat A"
     2025
                                                                                     Laporan              untuk Laporan Keberlanjutan 2024 Terbaik
                            Award for the “Leadership A - Advancing ESG
                                                                                     Keberlanjutan        dari Foundation for International Human
                            Transparency” category from the Bumi Global
                                                                                     Terbaik 2024         Rights Reporting Standards (FIHRRST)
                            Karbon (BGK) Foundation
                                                                                     Best 2025            Award for the “A Rating” category for the
                                                                                     Sustainability       Best 2024 Sustainability Report from the
                                                                                     Report               Foundation for International Human Rights
                                                                                                          Reporting Standards (FIHRRST)




76      Laporan Tahunan / Annual Report 2025                                                                                                                PT Petrosea Tbk        77
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     Ikhtisar Utama                                                                                                             Ikhtisar Utama
     Main Highlights                                                                                                            Main Highlights



Penghargaan & Sertifikasi
Awards & Certifications




        17 Des 2025                                                  17 Dec 2025

                            Penghargaan "Indonesia Best
     Indonesia              Corporate Secretary Award 2025"       Best PR Leader   Penghargaan "Best PR Leader Awards 2025"
     Best Corporate         dan “Indonesia Top GCG Awards         Awards 2025      dari The Iconomics
     Secretary              2025” dari The Iconomics
     Award 2025                                                                    “Best PR Leader Awards 2025” from
                            “Indonesia Best Corporate Secretary
                                                                                   The Iconomics
                            Award 2025” and “Indonesia Top GCG
                            Awards 2025” from The Iconomics




78      Laporan Tahunan / Annual Report 2025                                                                                  PT Petrosea Tbk     79
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      Ikhtisar Utama                                                                                                                                                                                                                                                                                                                                        Ikhtisar Utama
      Main Highlights                                                                                                                                                                                                                                                                                                                                       Main Highlights



Penghargaan & Sertifikasi                                                                                                                                                                                                                                                                                                                                  Penghargaan & Sertifikasi
Awards & Certifications                                                                                                                                                                                                                                                                                                                                      Awards & Certifications




SERTIFIKASI
CERTIFICATIONS




                                  ISO 9001:2015                                       Sistem                                                                                                                                                                                                    ISO 37001:2016                                                Sistem Manajemen
                                  Sistem                                              Manajemen              CERTIFICATE                                 SERTIFIKAT
                                                                                                                        The ASRInternasional Indonesia Certification Body - ASRICERT
                                                                                                                                                                                                                                                                                                Sistem Manajemen                                              Keselamatan &
                                  Manajemen Mutu                                      Keselamatan &                                                                                                                                                                                             Anti Penyuapan
                                                                                                                                        Badan Sertifikasi ASRInternasional Indonesia - ASRICERT




                                                                                                                                                                                                                                                                                                                                                              Kesehatan Kerja
                                                                                                                                                              to certifies that
                                                                                                                                                              menyatakan bahwa


                                                                                                                                             PT. PETROSEA Tbk
                                                                                                                                           Wisma Barito Pacific, Jl. Let. Jend. S. Parman Kav. 62-63,
                                                                                                                                             Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat




                                                                                      Kesehatan Kerja
                                                                                                                                                         Jakarta 11410 – Indonesia




                                                                                                                                                                                                                                                                                                                                                              (SMK3)
                                                                                                                         has established and applies an Anti-Bribery Management System




                                  ISO 9001:2015                                                                                                                                                                                                                                                 ISO 37001:2016
                                                                                                                             telah menetapkan dan menerapkan Sistem Manajemen Anti Penyuapan
                                                                                                                                                                     Scope
                                                                                                                                                                   ruang lingkup
                                                                                                              Managing Anti-Bribery Activities in Head Office, Petrosea Balikpapan (Petrosea
                                                                                                              Support Facilities), Kideco Mining Project, Timika Engineering, Procurement &




                                                                                      (SMK3)
                                                                                                                  Construction Projects and Petrosea Offshore Supply Base – Sorong




                                  Quality                                                                                                                                                                                                                                                       Anti-Bribery
                                                                                                               Mengelola Aktivitas Anti-Suap di Kantor Pusat, Petrosea Balikpapan, Kideco Mining Project, Timika Engineering,
                                                                                                                              Proyek Pengadaan & Konstruksi, dan Petrosea Offshore Supply Base – Sorong




                                                                                                                                                                                                                                                                                                                                                              Occupational
                                                                                                                                 The Company management system has been assessed,
                                                                                                                                                Report No. 191006
                                                                                                                                                  sistem manajemen perusahaan telah dinilai,
                                                                                                                                                           Nomor laporan 191006
                                                                                                                         Proof has been furnished and fulfilled the ASRICERT requirements
                                                                                                                                        According to the following standard




                                  Management                                          Occupational                                                                                                                                                                                              Management
                                                                                                                        bukti telah dilengkapi dan memenuhi persyaratan ASRICERT sesuai dengan standar:




                                                                                                                                                                                                                                                                                                                                                              Health & Safety
                                                                                                                                                SNI ISO 37001:2016
                                                                                                                    Registration No.                         : A37 191006 – 006
                                                                                                                    nomor registrasi
                                                                                                                    Initial certification decision           : 06.12.2019




                                  System                                              Health & Safety                                                                                                                                                                                           System
                                                                                                                    keputusan awal sertifikasi




                                                                                                                                                                                                                                                                                                                                                              Management
                                                                                                                    2nd Recertification decision             : 28.11.2025
                                                                                                                    keputusan resertifikasi ke-2
                                                                                                                    Certificate valid until                  : 05.12.2028
                                                                                                                    sertifikat berlaku sampai
                                                                                                                    Changed of certificate                    :-
                                                                                                                    perubahan sertifikat




                                                                                      Management
                                                                                                                    Issued of certificate                    : 01.12.2025




                                                                                                                                                                                                                                                                                                                                                              System
                                                                                                                    terbit sertifikat




                                                                                      System
                                                                                                                                                 Head of Certification Body                  Revision. 01
                                                                                                                                                    Kepala Badan Sertifikasi                    Revisi. 01


                                                                                                                                                                                                   Certification period is 3 years and shall be conducted to regular surveillance audits
                                                                                                                                                                                               The certificate can be verified at www.asricert.co.id.Original certificate carry a gold label
                                                                                                                                                                           ASRInternasional Indonesia. Talavera Office Park, Jl. TB Simatupang Kav. 22-26, Jakarta 12430 - Indonesia




     Kantor Pusat                                     Kantor Pusat                                      Kantor Pusat, PSF, proyek KJA,                                                                                                                                                                                            Petrosea Offshore Supply Base (POSB)
     Head office                                      Head office                                       Proyek Timika, POSB Sorong                                                                                                                                                                                                Sorong
                                                                                                        Head office, PSF, KJA Project,
        26 Mar 2024-25 Mar 2027                          9 Jun 2023 - 9 Jun 2026                        Timika Project, POSB Sorong                                                                                                                                                                                                   20 June 2024 - 20 June 2027

     PT LRQA Business Assurance and                   Kementerian Ketenagakerjaan RI                       28 Nov 2025-5 Dec 2028
                                                                                                                                                                                                                                                                                                                                  Kementerian Ketenagakerjaan RI
     Inspection Services
                                                                                                        ASRICERT Indonesia




                                   ISO 55001:2014                                    Sistem Manajemen                                                                                                                                                                                          ISO 14001:2015 Sistem Manajemen Lingkungan & ISO 45001:2018 Sistem Manajemen
                                   Sistem Manajemen                                  Keselamatan &                                                                                                                                                                                             Keselamatan & Kesehatan Kerja
                                   Aset                                              Kesehatan Kerja                                                                                                                                                                                           ISO 14001:2015 Environmental Management System & ISO 45001:2018 Occupational
                                   ISO 55001:2014                                    (SMK3)                                                                                                                                                                                                    Health & Safety Management System
                                   Asset Management                                  Occupational
                                   System                                            Health & Safety
                                                                                     Management
                                                                                     System




     Kantor Pusat, PSF, proyek KJA                     Proyek KJA                                       Kantor Pusat, PSF, Proyek levee,Proyek KJA, POSB Sorong
     Head office, PSF, KJA Project                     KJA Project                                      Head office, PSF, Levee Project, KJA Project, POSB Sorong

        8 Feb 2023 - 7 Feb 2026                            9 Jun 2023 - 9 Jun 2026                          31 Dec 2023-30 Dec 2026

     TÜV SÜD PSB Pte Ltd                               Kementerian Ketenagakerjaan RI                   PT LRQA Business Assurance and Inspection Services




80      Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                                                                                                                            PT Petrosea Tbk          81
Page 42
     Ikhtisar Utama                                                                                                                                                                                   Ikhtisar Utama
     Main Highlights                                                                                                                                                                                  Main Highlights




Peristiwa Tahun 2025
2025 Events


       21 JANUARY
       Penandatanganan perjanjian novasi atas kontrak
                                                             21 APRIL                                                  22 APRIL                                             1 AUGUST
       pekerjaan jasa pertambangan batu bara antara
       Petrosea dengan PT Indo Bara Pratama dan                                                                        Penandatanganan perjanjian jasa pertambangan         Penandatanganan addendum pertama perjanjian
                                                             Petrosea menyelenggarakan RUPS Luar Biasa
       PT Karya Bhumi Lestari yang efektif pada tanggal                                                                batu bara dengan PT Multi Tambangjaya Utama          jasa pembangunan infrastruktur jalan tambang
                                                             & Tahunan, dimana pada agenda ketiga Rapat
       1 Januari 2025                                                                                                                                                       dengan PT Lintas Kelola Berlaba
                                                             Tahunan disetujui pembagian dividen tunai sebesar         Signing of a coal mining services agreement with
       Signing of a novation agreement for the coal mining   US$10.000.000 atau setara dengan US$0,00099               PT Multi Tambangjaya Utama                           Signing of the first addendum to the mining road
       services contract between Petrosea, PT Indo Bara      per saham                                                                                                      infrastructure construction services agreement with
       Pratama and PT Karya Bhumi Lestari effective                                                                                                                         PT Lintas Kelola Berlaba
                                                             Petrosea held its Extraordinary and Annual GMS,
       1 January 2025                                        during which the third agenda of Annual GMS
                                                             item approved the distribution of cash dividends
                                                                                                                       30 APRIL
                                                             amounting to US$10,000,000 or US$0.00099 per              Petrosea melalui anak usahanya, PT Petrosea          17 JULY
                                                             share                                                     Infrastruktur Nusantara melakukan penyetoran
                                                                                                                                                                            Penandatanganan perjanjian fasilitas berjangka
       22 JANUARY                                                                                                      modal atas saham baru di PT Maha Raja Mineral
                                                                                                                                                                            senior dengan PT Bank Negara Indonesia (Persero)
       Penandatanganan amandemen dan pernyataan                                                                        sebesar 40%
                                                                                                                                                                            Tbk. senilai US$135.000.000 atau setara dengan
       kembali kontrak pekerjaan jasa pertambangan batu                                                                Petrosea's Through its subsidiary, PT Petrosea       Rp2.197.125.000.000 dengan tenor 8 tahun.
       bara dengan PT Indo Bara Pratama                      15 APRIL                                                  Infrastruktur Nusantara, Petrosea made a capital
                                                                                                                                                                            Selanjutnya, Petrosea juga menandatangani
       Signing of an amendment and restatement of the                                                                  injection for new shares in PT Maha Raja Mineral,
                                                             Petrosea mendirikan anak usahanya, PT Petrosea                                                                 perjanjian fasilitas non-cash loan senilai US$25 juta,
       coal mining services contract with PT Indo Bara                                                                 acquiring a 40% ownership stake
                                                             Engineering Procurement Construction dengan                                                                    dengan tenor 1 tahun
       Pratama                                               kepemilikan saham 99,90%                                                                                       Signing of a senior term facility agreement
                                                             Petrosea established its subsidiary, PT Petrosea                                                               with PT Bank Negara Indonesia (Persero) Tbk.
                                                             Engineering Procurement Construction, with a              2 MAY                                                amounting to US$135,000,000, or approximately
       27 JANUARY                                            99.90% ownership stake                                    Penandatangan amandemen pertama atas                 Rp2,197,125,000,000, with an 8-year tenor.
       Penandatangan perjanjian general services dengan                                                                perjanjian jasa pertambangan batu bara dengan        Additionally, Petrosea also signed a non-cash loan
       PT Freeport Indonesia senilai Rp235,46 miliar atau                                                              PT Global Bara Mandiri                               facility agreement amounting to US$25 million,
       setara dengan US$14,2 juta, yang berlaku sampai                                                                                                                      with a 1-year tenor
                                                                                                                       Signing of the first amendment to the coal mining
       dengan 29 Maret 2028                                  8 APRIL                                                   services agreement with PT Global Bara Mandiri
       Signing of a general services agreement with
       PT Freeport Indonesia worth Rp235.46 billion or
       equivalent to US$14.2 million, valid until 29 March
                                                             Penandatangan perjanjian jasa pertambangan nikel
                                                                                                                                                                            14 JULY
                                                             dengan PT Vale Indonesia yang berlaku sampai
       2028                                                                                                                                                                 Penandatanganan kontrak pekerjaan jasa
                                                             dengan 31 Desember 2034                                   19 MAY
                                                                                                                                                                            pengupasan dan pemindahan lapisan tanah
                                                             Signing of the nickel services agreement with             Penandatanganan perjanjian jasa pertambangan         penutup batu bara dengan PT Barasentosa Lestari
                                                             PT Vale Indonesia, valid until 31 December 2034
       21 FEBRUARY                                                                                                     batu bara dengan PT Bartim Coalindo                  yang berlaku sampai dengan 31 Desember 2029
                                                                                                                       Signing of the coal mining services agreement with   Signing of the contract for coal overburden
       Petrosea merayakan ulang tahun yang ke-53
                                                                                                                       PT Bartim Coalindo                                   stripping and relocation services with
       Petrosea celebrated its 53rd anniversary
                                                                                                                                                                            PT Barasentosa Lestari, valid until
                                                             26 MARCH
                                                                                                                                                                            31 December 2029
                                                             Petrosea melalui anak usahanya, yaitu, PT Petrosea
       26 FEBRUARY                                           Infrastruktur Nusantara mendirikan PT Portus Bara         27 MAY
                                                             Jaya dengan kepemilikan saham 50%
       Penandatangan perjanjian jasa pertambangan batu                                                                 Petrosea mendirikan Petrosea Services Solutions      4 JULY
       bara dengan PT Niaga Jasa Dunia dan PT Bara Prima     Through its subsidiary, PT Petrosea Infrastruktur         Pte. Ltd. yang berkedudukan di Singapura
                                                             Nusantara, Petrosea established PT Portus Bara                                                                 Penandatangan perjanjian penyediaan Sorong
       Mandiri yang berlaku sampai dengan                                                                              Petrosea establishes Petrosea Services Solutions
                                                             Jaya with a 50% ownership stake                                                                                Logistic Base untuk UCC Project dengan
       31 Desember 2032                                                                                                Pte. Ltd. which is domiciled in Singapore            PT Saipem Indonesia yang berlaku sampai dengan
       Signing of a coal mining services agreement with                                                                                                                     31 Januari 2028
       PT Niaga Jasa Dunia and PT Bara Prima Mandiri,
                                                                                                                                                                            Signing of the agreement for the provision of the
       valid until 31 December 2032
                                                             22 MARCH                                                                                                       Sorong Logistic Base for the UCC Project with
                                                             Petrosea melakukan registrasi atas Penawaran
                                                                                                                       12 JUNE                                              PT Saipem Indonesia, effective until 31 January 2028
                                                             Umum Berkelanjutan (PUB) I Obligasi dan Sukuk             Penandatanganan kontrak utama terkait jasa
       5 MARCH                                               Ijarah Tahap II senilai Rp1,5 triliun yang terdiri dari   pengangkutan bijih nikel dengan PT Sumberdaya
       Penandatanganan amandemen term sheet                  Obligasi Berkelanjutan dengan pokok sebesar               Arindo yang berlaku sampai dengan 17 Januari 2027    16 JUNE
       perjanjian jasa pertambangan batu bara dengan         Rp1 triliun dan Sukuk Ijarah Berkelanjutan dengan         Signing of the master contract for nickel ore        Penandatanganan amandemen pertama
       PT Barasentosa Lestari                                imbal ijarah senilai Rp500 miliar                         transportation services with PT Sumberdaya Arindo,   perjanjian jasa penambangan dan pengangkutan
       Signing of an amendment to the coal mining            Petrosea registered its Shelf-Registered I Bonds          effective until 17 January 2027                      material bijih nikel Bahodopi Blok 2&3 dengan
       services agreement term sheet with                    and Sukuk Ijarah Phase II amounting to Rp1.5 trillion,                                                         PT Vale Indonesia Tbk
       PT Barasentosa Lestari                                consisting of Shelf-Registered Bonds with a                                                                    Signing of the first amendment to the mining and
                                                             principal value of Rp1 trillion and Shelf-Registered                                                           nickel ore transportation services agreement for
                                                             Sukuk Ijarah with ijarah returns amounting to Rp500                                                            Bahodopi Blocks 2 & 3 with PT Vale Indonesia Tbk
                                                             billion

82     Laporan Tahunan / Annual Report 2025                                                                                                                                                       PT Petrosea Tbk             83
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     Ikhtisar Utama                                                                                                                                                                                     Ikhtisar Utama
     Main Highlights                                                                                                                                                                                    Main Highlights



Peristiwa 2025
                                                                                                                                                                               17 DECEMBER
2025 Events                                                                                                                                                                    Penandatanganan perjanjian oleh
                                                                                                                                                                               Scan-Bilt Pte Ltd dengan Aster Chemicals
                                                                                                                                                                               & Energy Pte Ltd selama 24 bulan
                                                                                                                                                                               Signing of the agreement by Scan-Bilt Pte Ltd
                                                                                                                                                                               with Aster Chemicals & Energy Pte Ltd for a
                                                                                                                       19 SEPTEMBER                                            period of 24 months
                                                               8 SEPTEMBER                                             Penandatanganan non-binding term sheet dengan
                                                                                                                       para pemegang saham Scan-Bilt Pte. Ltd. (SPBL)
                                                               Petrosea melalui anak usahanya PT Petrosea
                                                                                                                       sehubungan dengan rencana pengambilalihan
                                                               Infrastruktur Nusantara (PIN) menandatangani
                                                               perjanjian dengan PT Chandra Daya Investasi Tbk
                                                                                                                       mayoritas kepemilikan saham di SBPL, perusahaan         15 DECEMBER
                                                                                                                       berbasis di Singapura yang bergerak di bidang
                                                               (CDI) sehubungan dengan kepemilikan PIN dan                                                                     Pendirian PT Kinarya Medika Selaras yang
                                                                                                                       plant civil engineering construction dan
                                                               CDI pada PT Chandra Tirta Karian                                                                                berkedudukan di Jakarta Barat
                                                                                                                       maintenance work untuk industri pengolahan kimia
                                                               Petrosea, through its subsidiary PT Petrosea            serta minyak & gas onshore                              Establishment of PT Kinarya Medika Selaras,
                                                               Infrastruktur Nusantara (PIN) signed an agreement                                                               which is domiciled in West Jakarta
                                                                                                                       Signing of a non-binding term sheet with the
                                                               with PT Chandra Daya Investasi Tbk (CDI) regarding
                                                                                                                       shareholders of Scan-Bilt Pte. Ltd. (SPBL) in
                                                               the ownership of PIN and CDI in PT Chandra Tirta
                                                                                                                       relations with the proposed acquisition of a majority
                                                               Karian
                                                                                                                       ownership in SBPL, a Singapore-based company
                                                                                                                       engaged in plant civil engineering construction and
                                                                                                                       maintenance work for the chemical processing as
       1 AUGUST                                                                                                        well as onshore oil & gas industries
       Penandatanganan conditional share sale and              28 AUGUST
       purchase agreement atas pembelian 100% saham            Penandatanganan perjanjian fasilitas-fasilitas
       HBS (PNG) Limited & anak usahanya                       berjangka dengan PT Bank Mandiri (Persero) Tbk.
       Signing of the conditional share sale and purchase      senilai Rp2,5 triliun dengan tenor 8 tahun,             19 SEPTEMBER
       agreement for the acquisition of 100% of the shares     yang digunakan untuk belanja modal dan                  Penandatanganan perjanjian novasi dengan
       of HBS (PNG) Limited and its subsidiaries               memperkuat modal kerja dalam rangka                                                                             24 NOVEMBER
                                                                                                                       PT Niaga Jasa Dunia (NJD) dan PT Bara Prima
                                                               pengembangan bisnis EPC                                 Mandiri (BPM) untuk mengalihkan seluruh hak dan         Penyelesaian pengambilalihan 60%
                                                               Signing of term facility agreements with                kewajiban NJD kepada BPM                                saham Scan-Bilt Pte. Ltd.
                                                               PT Bank Mandiri (Persero) Tbk. totaling Rp2.5           Signing of a novation agreement with PT Niaga           Completion of the acquisition of 60%
                                                               trillion with an 8-year tenor, to be used for capital   Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) to     of shares in Scan-Bilt Pte. Ltd.
                                                               expenditures and to strengthen working capital in       transfer all rights and obligations of NJD to BPM
                                                               support of EPC business development

                                                                                                                                                                               24 OCTOBER
                                                                                                                       25 SEPTEMBER                                            Pengalihan atas 100% kepemilikan saham
                                                               27 AUGUST                                               Pendirian Petrosea Solutions Pakistan (Private)         Perusahaan di Petrosea Services Solutions Pte.
                                                                                                                       Limited yang berkedudukan di Pakistan                   Ltd. kepada PT Petrosea Engineering Procurement
                                                               Petrosea bersama dengan anak-anak
                                                                                                                                                                               Construction
                                                               usahanya yakni PT Karya Bhumi Lestari dan               Establishment of Petrosea Solutions Pakistan
                                                               PT Cristian Eka Pratama, menandatangani                 (Private) Limited which is domiciled in Pakistan        The transfer of 100% of the Company’s share
                                                               perubahan pertama atas perjanjian kredit                                                                        ownership in Petrosea Services Solutions Pte.
                                                               dengan PT Bank Central Asia Tbk.                                                                                Ltd. to PT Petrosea Engineering Procurement

                                                               Petrosea, together with its subsidiaries                30 SEPTEMBER                                            Construction

                                                               PT Karya Bhumi Lestari and PT Cristian Eka Pratama,     Petrosea menandatangani fasilitas non-tunai
                                                               signed the first amendment to the credit agreement      dengan PT Bank Mandiri (Persero) Tbk dengan nilai
                                                               with PT Bank Central Asia Tbk.                          keseluruhan tidak lebih dari US$100.000.000 yang
                                                                                                                                                                               22 OCTOBER
                                                                                                                       digunakan untuk non cash loan                           Penandatanganan kontrak pengadaan platform
       15 AUGUST                                                                                                       Petrosea has signed a non-cash facility with            digital Minerva dengan PT Aneka Tambang Tbk
                                                                                                                       PT Bank Mandiri (Persero) Tbk with a total value        untuk mendukung aktivitas bisnis pertambangan
       Penyelesaian akuisisi atas 51% kepemilikan saham
       di grup Hafar, yang bergerak di bidang Engineering,     27 AUGUST                                               of no more than US$100,000,000, to be used for          nikel di Maluku Utara
                                                                                                                       non cash loan                                           Signing of the Minerva digital platform procurement
       Procurement, Construction & Installation (EPCI)         Penandatanganan perjanjian fasilitas berjangka
                                                               dengan PT Bank Central Asia Tbk. senilai US$100                                                                 contract with PT Aneka Tambang Tbk for nickel
       serta layanan pelayaran untuk mendukung industri
                                                               juta dengan tenor 8 tahun untuk belanja modal dan                                                               mining business activities in North Maluku
       minyak & gas bumi lepas pantai
                                                               kredit multi fasilitas selama 1 tahun dengan jumlah
       Completion of the acquisition of a 51% ownership                                                                6 OCTOBER
       stake in Hafar group, which operates in Engineering,    maksimum sebesar US$75 juta
                                                               Signing of a term facility agreement with PT Bank
                                                                                                                       Petrosea menyelenggarakan Paparan Publik                8 OCTOBER
       Procurement, Construction & Installation (EPCI) as
                                                                                                                       secara online dengan agenda kinerja keuangan dan        Petrosea dan anak usahanya, Petrosea Solutions
       well as shipping services to support the offshore oil   Central Asia Tbk. amounting to US$100 million
                                                                                                                       operasional Perusahaan                                  Pakistan (Private) Limited, menandatangani
       and gas industry                                        with an 8-year tenor for capital expenditures and a
                                                               1-year multi-facility credit with a maximum amount      Petrosea conducted an online Public Expose              perjanjian pelaksanaan awal dengan Reko Diq
                                                               of US$75 million                                        with the agenda of the Company’s financial and          Mining Company (Private) Limited, perusahaan
                                                                                                                       operational performance                                 pertambangan di Pakistan untuk jasa layanan EPC
                                                                                                                                                                               Petrosea and its subsidiary, Petrosea Solutions
                                                                                                                                                                               Pakistan (Private) Limited, signed an initial
                                                                                                                                                                               implementation agreement with Reko Diq Mining
                                                                                                                                                                               Company (Private) Limited, a mining company in
                                                                                                                                                                               Pakistan for EPC services


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                                                                02
     Laporan Manajemen                                           Laporan Manajemen
     Management Reports                              LAPORAN    Management Reports

                                                   MANAJEMEN
                                                  MANAGEMENT
                                                      REPORTS




                                              “
          Tahun 2025 menandai momentum
          penguatan skala bisnis, kapabilitas
          inti dan diversifikasi Petrosea
          The year 2025 represented
          a momentum for Petrosea in
          strengthening its business scale,
          core capabilities and diversification




“
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Laporan Dewan Komisaris
                                                                                                                                                                        Laporan Dewan Komisaris
                                                                                                                                                                  Board of Commissioners’ Report


Board of Commissioners’ Report

                                                                                                  permintaan global, transisi energi, serta    well as commodity price volatility. In this
Dengan fondasi tata kelola yang
                                                                                                  volatilitas harga komoditas. Dalam           context, the Board of Commissioners
kokoh dan kapabilitas operasional
                                                                                                  konteks tersebut, Dewan Komisaris            actively oversaw the formulation and
yang terus diperkuat, Petrosea
                                                                                                  secara aktif melakukan pengawasan            implementation of strategies, while
berada pada posisi yang tepat                                                                     terhadap perumusan dan implementasi          providing guidance and recommendations
untuk menavigasi tantangan                                                                        strategi, sekaligus memberikan arahan dan    to the Board of Directors in order to ensure
sekaligus menangkap peluang                                                                       rekomendasi kepada Direksi agar Petrosea     that Petrosea remained adaptive, prudent
pertumbuhan secara berkelanjutan                                                                  tetap adaptif, prudent dan berfokus pada     and focused on creating sustainable value.
With a strong governance foundation and                                                           penciptaan nilai berkelanjutan.
continuously strengthening operational
capabilities, Petrosea is well positioned to                                                      Dewan Komisaris menilai bahwa Direksi        The Board of Commissioners believes that
navigate challenges while capturing sustainable                                                   telah menjalankan pengelolaan Perusahaan     the Board of Directors has managed the
growth opportunities
                                                                                                  secara efektif dan bertanggung jawab,        Company effectively and responsibly, as
                                                                                                  tercermin dari keberhasilan Petrosea         reflected in Petrosea’s achievement of its
                                                                                                  dalam mencapai target kinerja tahun          performance targets for the 2025 fiscal
Osman Sitorus                                                                                     buku 2025, serta pelaksanaan strategi        year, as well as the implementation of its
Presiden Komisaris merangkap Komisaris Independen                                                 pengembangan usaha, baik secara organik      business development strategies, both
President Commissioner concurrently Independent
Commissioner
                                                                                                  maupun anorganik. Penyelesaian akuisisi      organic and inorganic. The successful
                                                                                                  strategis atas Hafar, HBS dan Scan-Bilt      completion of strategic acquisitions of
                                                                                                  dinilai telah memperkuat posisi Perusahaan   Hafar, HBS and Scan-Bilt is considered
                                                                                                  sebagai penyedia layanan terintegrasi dari   to have strengthened the Company’s
                                                                                                  hulu hingga hilir, sekaligus meningkatkan    position as an integrated service provider
                                                                                                  kapabilitas dan daya saing di berbagai       from upstream to downstream, while
                                                                                                  sektor industri.                             also enhancing its capabilities and
                                                                                                                                               competitiveness across various industry
Pemegang saham yang terhormat,                      Dear shareholders,
                                                                                                                                               sectors.

Atas nama Dewan Komisaris PT Petrosea               On behalf of the Board of Commissioners
                                                                                                  Penilaian Kinerja Direksi                    Board of Directors Performance Review
Tbk, kami menyampaikan laporan                      of PT Petrosea Tbk, we hereby present
pelaksanaan fungsi pengawasan dan                   the report on the implementation of           Sepanjang tahun 2025, Dewan Komisaris        Throughout 2025, the Board of
pemberian nasihat kepada Direksi atas               our supervisory and advisory functions        menilai Direksi telah menunjukkan            Commissioners considers that the Board
pengelolaan Perusahaan sepanjang tahun              to the Board of Directors regarding           kinerja yang solid dan terukur dalam         of Directors demonstrated a solid and
buku 2025. Laporan ini disampaikan                  the management of the Company                 mengeksekusi strategi Perusahaan,            measurable performance in executing
sebagai bagian dari komitmen Dewan                  throughout the 2025 fiscal year. This         khususnya dalam implementasi                 the Company’s strategies, particularly
Komisaris dalam memastikan penerapan                report is submitted as part of the Board of   diversifikasi usaha dan penguatan            in implementing business diversification
tata kelola perusahaan yang baik guna               Commissioners’ commitment to ensuring         fundamental kinerja keuangan. Di tengah      and strengthening financial fundamentals.
mendukung keberlanjutan kinerja                     the implementation of good corporate          dinamika industri dan ketidakpastian         Amid industry dynamics and global
Perusahaan dalam jangka panjang.                    governance in order to support the long-      global, Direksi dinilai mampu menjaga        uncertainty, the Board of Directors is
                                                    term sustainability of the Company’s          fokus strategis serta disiplin dalam         deemed to have maintained strategic
                                                    performance.                                  pengambilan keputusan bisnis.                focus and discipline in business decision-
                                                                                                                                               making.
Tahun 2025 merupakan periode yang                   The year 2025 was a period full of
penuh tantangan, ditandai dengan                    challenges, marked by ongoing global
ketidakpastian global yang berlanjut,               uncertainty, geopolitical dynamics, shifts
dinamika geopolitik, perubahan                      in global demand, energy transition, as


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Board of Commissioners’ Report                                                                                                                               Board of Commissioners’ Report




Dewan Komisaris mencermati bahwa              The Board of Commissioners notes that the      Akuisisi Scan-Bilt juga dipandang             The acquisition of Scan-Bilt is also viewed
strategi diversifikasi melalui akuisisi       diversification strategy through strategic     sebagai langkah strategis yang tepat          as a timely strategic step in strengthening
strategis telah dijalankan secara selektif,   acquisitions has been implemented              dalam memperkuat lini bisnis EPC,             the Company’s EPC business line,
terarah dan konsisten dengan visi jangka      in a selective, focused and consistent         khususnya untuk proyek-proyek industri        particularly for chemical processing and
panjang Perusahaan. Langkah tersebut          manner, in line with the Company’s             pengolahan kimia dan migas onshore.           onshore oil & gas projects. The Board
terbukti efektif dalam memperkuat             long-term vision. This approach has proven     Dewan Komisaris mencatat rencana              of Commissioners notes the Board of
kapabilitas teknis multidisiplin,             effective in strengthening multidisciplinary   Direksi untuk mengembangkan Scan-Bilt         Directors’ plan to develop Scan-Bilt into
memperluas portofolio layanan, serta          technical capabilities, expanding the          menjadi business hub regional di Asia         a regional business hub in the Asia-Pacific
menciptakan sumber pertumbuhan                service portfolio, as well as creating         Pasifik dan Oseania sebagai inisiatif yang    and Oceania regions as an initiative
baru yang berkelanjutan. Implementasi         new, sustainable sources of growth.            sejalan dengan strategi ekspansi jangka       aligned with the Company’s medium-term
strategi ini tercermin dari peningkatan       The implementation of this strategy is         menengah Perusahaan.                          expansion strategy.
total pendapatan sebesar 28,32%               reflected in a 28.32% increase in total
dan pertumbuhan laba yang dapat               revenue and a 197.02% growth in profit         Dari sisi kinerja operasional dan keuangan,   From an operational and financial
diatribusikan kepada pemilik entitas induk    attributable to owners of the company          Dewan Komisaris menilai Direksi sukses        performance perspective, the Board of
sebesar 197,02% dibandingkan tahun            compared to the previous year.                 menjaga pertumbuhan yang sehat dan            Commissioners considers that the Board
sebelumnya.                                                                                  berimbang. Kontribusi pendapatan dari         of Directors has successfully maintained
                                                                                             berbagai lini usaha menunjukkan struktur      healthy and balanced growth. Revenue
Melalui akuisisi Hafar dan anak usahanya,     Through the acquisition of Hafar and           pendapatan yang semakin terdiversifikasi,     contributions from various business
Direksi dinilai sukses memperluas cakupan     its subsidiaries, the Board of Directors       dengan total backlog mencapai US$4,44         lines indicate an increasingly diversified
bisnis Petrosea ke sektor EPCI migas          is considered to have successfully             miliar pada akhir tahun. Peningkatan laba     revenue structure, with total backlog
lepas pantai dengan kapabilitas teknis        expanded Petrosea’s business scope             operasi sebesar 74,51% serta perbaikan        reaching US$4.44 billion at year-end.
engineering, procurement, construction &      into the offshore oil & gas EPCI sector,       margin operasi mencerminkan efektivitas       An increase of 74.51% in operating profit,
installation yang komprehensif. Kehadiran     supported by comprehensive engineering,        Direksi dalam pengelolaan biaya dan           along with improved operating margins,
kapabilitas ini memperkuat posisi Petrosea    procurement, construction and installation     peningkatan efisiensi operasional.            reflects the effectiveness of the Board of
dalam mendukung proyek-proyek                 capabilities. The addition of these                                                          Directors in managing costs and enhancing
strategis migas offshore nasional dan         capabilities has strengthened Petrosea’s                                                     operational efficiency.
regional.                                     position in supporting strategic offshore
                                              oil & gas projects at both national and        Dewan Komisaris juga mencermati               The Board of Commissioners also notes
                                              regional levels.                               peningkatan signifikan pada laba              a significant increase in net profit,
                                                                                             bersih, yang selain didukung oleh kinerja     which, in addition to being supported
Selanjutnya, melalui HBS dan anak             Furthermore, through HBS and its               operasional, turut dipengaruhi oleh           by operational performance, was also
usahanya di Papua Nugini, Direksi dinilai     subsidiaries in Papua New Guinea, the          pengakuan keuntungan dari transaksi           influenced by the recognition of gains
sukses memperluas diversifikasi ke            Board of Directors is considered to have       akuisisi. Meskipun terdapat peningkatan       from acquisition transactions. Despite
sektor pertambangan emas dan mineral          successfully expanded diversification          beban bunga seiring dengan pendanaan          higher interest expenses associated
dengan standar teknis tinggi. Ekspansi ini    into the gold and mineral mining sector        ekspansi, Direksi dinilai telah menerapkan    with expansion financing, the Board
tidak hanya memperkaya portofolio jasa        with high technical standards. This            manajemen struktur permodalan dan             of Directors is considered to have
pertambangan Perusahaan, tetapi juga          expansion has not only enriched the            likuiditas secara terukur, tercermin dari     implemented prudent capital structure
memperluas eksposur geografis, serta          Company’s mining services portfolio, but       posisi kas dan setara kas yang tetap kuat     and liquidity management, as reflected
memperkuat kapabilitas end-to-end             also broadened its geographic exposure         serta dukungan pendanaan dari perbankan       in the Company’s strong cash and cash
services, termasuk penyewaan alat berat       and strengthened its end-to-end service        nasional yang kredibel dan kepercayaan        equivalents position, supported by funding
dan jasa pendukung konstruksi.                capabilities, including heavy equipment        pemegang obligasi dan sukuk terhadap          from reputable domestic banks and the
                                              rental and construction support services.      fundamental dan prospek jangka panjang        confidence of bond and sukuk holders
                                                                                             Perusahaan.                                   in the Company’s fundamentals and
                                                                                                                                           long-term prospects.



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Board of Commissioners’ Report                                                                                                                                Board of Commissioners’ Report




Sementara itu, pada aspek Keselamatan,        Meanwhile, in Safety, Health & Environment    Dewan Komisaris secara berkala                The Board of Commissioners periodically
Kesehatan Kerja & Lingkungan (K3L),           (SHE), Petrosea successfully maintained a     melakukan evaluasi atas efektivitas           evaluates the effectiveness of decision-
Petrosea berhasil mempertahankan              zero-fatality record in 2025. Furthermore,    pengambilan keputusan di seluruh              making across all levels of the organization,
zero fatality pada tahun 2025. Selain         the Company also reached a solid overall      tingkatan organisasi, termasuk                including ensuring that every strategic
itu, Perusahaan juga berhasil mencapai        safety milestone of 44,548,769.43             memastikan bahwa setiap keputusan             decision is made in accordance with the
overall safety milestone yang solid, yaitu    manhours Lost Time Injury (LTI) Free          strategis dilaksanakan dengan                 arm’s length principle through adequate
44.548.769,43 jam kerja tanpa kecelakaan      throughout the year. Petrosea also            mengutamakan prinsip arm’s length             governance mechanisms, compliance
yang mengakibatkan hari kerja hilang          received environmental management             melalui mekanisme tata kelola yang            with capital market regulations, as well as
(LTI Free) sepanjang tahun. Petrosea juga     recognition for Petrosea Support Facilities   memadai, kepatuhan terhadap peraturan         measured risk management. In this regard,
meraih penghargaan untuk pengelolaan          (PSF), earning a PROPERDA Blue rating         pasar modal, serta pengelolaan risiko yang    the Board of Commissioners confirms
lingkungan hidup di Petrosea Support          from the Governor of East Kalimantan.         terukur. Dalam hal ini, Dewan Komisaris       that Petrosea’s GCG framework has been
Facilities (PSF), yaitu PROPERDA dengan                                                     menilai bahwa kerangka GCG Petrosea           consistently applied and fully integrated
peringkat BIRU dari Gubernur Kalimantan                                                     telah diterapkan secara konsisten dan         with the Company’s core business
Timur.                                                                                      terintegrasi dengan proses bisnis utama       processes.
                                                                                            Perusahaan.
Secara keseluruhan, Dewan Komisaris           Overall, the Board of Commissioners
menilai Direksi telah menjalankan             considers that the Board of Directors has     Dalam rangka memastikan efektivitas           To ensure the effective implementation
tugas dan tanggung jawabnya dengan            carried out its duties and responsibilities   pelaksanaan GCG, Dewan Komisaris              of GCG, the Board of Commissioners
baik sepanjang tahun 2025, dengan             effectively throughout 2025,                  secara konsisten memantau tindak              consistently monitors the follow-up
menunjukkan kepemimpinan strategis,           demonstrating strategic leadership,           lanjut atas rekomendasi yang telah            actions on recommendations provided to
disiplin eksekusi, serta komitmen terhadap    disciplined execution and a strong            disampaikan kepada Direksi, termasuk          the Board of Directors, including through
prinsip kehati-hatian dan tata kelola         commitment to sound judgment and good         melalui forum rapat Dewan Komisaris           Board of Commissioners meetings
perusahaan yang baik. Kinerja ini menjadi     corporate governance principles. This         dan rapat gabungan bersama Direksi.           and joint meetings with the Board of
fondasi yang kuat bagi Perseroan untuk        performance provides a solid foundation       Dewan Komisaris juga memastikan               Directors. The Board of Commissioners
melanjutkan pertumbuhan berkelanjutan         for the Company to continue pursuing          bahwa peran komite-komite di bawah            also ensures that the committees under
dan penciptaan nilai jangka panjang           sustainable growth and long-term              Dewan Komisaris berjalan secara optimal       the Board of Commissioners operate
bagi para pemegang saham dan seluruh          value creation for shareholders and all       dalam mendukung fungsi pengawasan,            optimally to support its supervision
pemangku kepentingan.                         stakeholders.                                 khususnya terkait pelaporan keuangan,         function, particularly in relation to financial
                                                                                            tata kelola perusahaan, pengendalian          reporting, corporate governance,
Penerapan Tata Kelola Perusahaan              Corporate Governance Implementation           internal, manajemen risiko, serta kebijakan   internal control, risk management, as
                                                                                            nominasi dan remunerasi, sehingga             well as nomination and remuneration
Dewan Komisaris memandang bahwa               The Board of Commissioners views the
                                                                                            proses pengambilan keputusan strategis        policies, thereby safeguarding the quality,
penerapan tata kelola perusahaan              implementation of good corporate
                                                                                            Perusahaan tetap terjaga secara kualitas,     objectivity and accountability of the
yang baik (GCG) merupakan fondasi             governance (GCG) as the main foundation
                                                                                            objektivitas dan akuntabilitas.               Company’s strategic decision-making
utama dalam memastikan keberlanjutan          to ensure the Company's business
                                                                                                                                          process.
usaha serta penciptaan nilai jangka           sustainability and create long-term
panjang Perusahaan. Sepanjang tahun           value. Throughout 2025, the Board of
                                                                                            Dewan Komisaris meyakini bahwa                The Board of Commissioners believes that
2025, Dewan Komisaris secara aktif            Commissioners actively carried out
                                                                                            penerapan prinsip-prinsip CGC                 the implementation of GCG principles
melaksanakan fungsi pengawasan dan            its supervisory and advisory functions
                                                                                            berkontribusi signifikan dalam                contributes significantly to strengthening
pemberian nasihat kepada Direksi guna         to the Board of Directors to ensure
                                                                                            memperkuat daya saing Perusahaan,             the Company’s competitiveness, including
memastikan bahwa infrastruktur dan            that Petrosea’s GCG infrastructure
                                                                                            termasuk dalam meningkatkan                   enhancing investor trust, reducing the
praktik GCG Petrosea berjalan efektif         and practices operated effectively in
                                                                                            kepercayaan investor, menurunkan biaya        cost of capital, as well as supporting
dalam mendukung pencapaian strategi           supporting the achievement of strategies
                                                                                            modal, serta mendukung pencapaian             the achievement of performance which
dan kebijakan strategis sesuai dengan         and strategic policies in line with the
                                                                                            kinerja yang selaras dengan strategi          is aligned with long-term strategy.
rencana kerja Perusahaan.                     Company’s work plans.



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Board of Commissioners’ Report                                                                                                                                Board of Commissioners’ Report




jangka panjang. Sejalan dengan komitmen       In line with this commitment, Petrosea         punggung bagi pertumbuhan dan                 operation and Development (OECD) in
tersebut, Petrosea secara periodik            periodically measures and evaluates the        keberlanjutan bisnis Petrosea.                order to ensure that GCG remains the
melakukan pengukuran dan evaluasi             level of compliance and the quality of GCG                                                   backbone of Petrosea’s business growth
atas tingkat kepatuhan serta kualitas         implementation by referring to the ASEAN                                                     and sustainability.
penerapan GCG dengan mengacu pada             Corporate Governance Scorecard (ACGS)
standar ASEAN Corporate Governance            standards.                                     Dewan Komisaris memberikan apresiasi          The Board of Commissioners appreciates
Scorecard (ACGS).                                                                            atas konsistensi dan komitmen Perusahaan      the Company’s consistency and
                                                                                             dalam menerapkan praktik GCG                  commitment in implementing GCG
Berdasarkan hasil evaluasi dan asesmen        Based on the results of the most recent        yang sepanjang tahun 2025 kembali             practices, which once again received
terakhir yang dilakukan pada tahun 2025       evaluation and assessment conducted in         memperoleh pengakuan dari berbagai            recognition from various independent
oleh pihak independen, Dewan Komisaris        2025 by an independent party, the Board        pihak independen. Berbagai penghargaan        parties throughout 2025. The awards
menilai bahwa penerapan pilar-pilar GCG       of Commissioners concludes that the            yang diraih Petrosea di bidang tata kelola,   received by Petrosea in the areas of
di Petrosea secara konsisten mengadopsi       consistent implementation of GCG pillars       keberlanjutan, komunikasi korporasi, serta    governance, sustainability, corporate
praktik tata kelola yang sejalan dengan       at Petrosea has adopted governance             pemberdayaan masyarakat mencerminkan          communications, as well as community
standar internasional. Perusahaan             practices aligned with international           kualitas penerapan GCG yang terintegrasi      empowerment reflect the quality
kembali memperoleh predikat “sangat           standards. The Company once again              dan berkelanjutan. Dewan Komisaris            of an integrated and sustainable
baik” dengan skor 94,79%, meningkat           received a “very good” rating with a score     memandang pengakuan tersebut sebagai          GCG implementation. The Board of
dibandingkan tahun sebelumnya, serta          of 94.79%, representing an improvement         indikator positif atas efektivitas kerangka   Commissioners views these recognitions
berada di atas rata-rata skor perusahaan      from the previous year and exceeding the       tata kelola perusahaan, sekaligus menjadi     as a positive indicator of the effectiveness
tercatat kategori Big Cap di Bursa Efek       average score of Big Cap listed companies      dorongan untuk terus meningkatkan             of the Company’s governance framework,
Indonesia.                                    on the Indonesia Stock Exchange.               standar praktik GCG sejalan dengan            while also serving as encouragement to
                                                                                             ekspektasi pemangku kepentingan dan           continuously enhance GCG standards
Dewan Komisaris juga memastikan bahwa         The Board of Commissioners also ensures        praktik terbaik di tingkat nasional maupun    in line with stakeholder expectations
Petrosea secara berkelanjutan memelihara      that Petrosea continuously maintains and       internasional.                                and best practices at both national and
dan memperbarui seluruh infrastruktur         updates its GCG infrastructure in order to                                                   international levels.
GCG agar tetap relevan dan selaras            remain relevant and aligned with business
dengan perkembangan usaha, pedoman            developments, national governance              Rapat & Komposisi Dewan Komisaris             Board of Commissioners’ Meetings &
tata kelola nasional dan ketentuan pasar      guidelines and the latest capital market                                                     Composition
modal terbaru, termasuk peraturan             regulations, including regulations issued by
                                                                                             Sepanjang tahun 2025, Dewan Komisaris         Throughout 2025, the Board of
Otoritas Jasa Keuangan terkait penerapan      the Financial Services Authority (Otoritas
                                                                                             telah menyelenggarakan enam rapat             Commissioners held six Board meetings
pedoman tata kelola perusahaan terbuka.       Jasa Keuangan/OJK) related to the
                                                                                             Dewan Komisaris dan tiga rapat gabungan       and three joint meetings with the Board of
Infrastruktur GCG tersebut menjadi            implementation of corporate governance
                                                                                             bersama Direksi sebagai bagian dari           Directors as part of the implementation of
kerangka pendukung utama dalam                guidelines for public companies. This GCG
                                                                                             pelaksanaan fungsi pengawasan dan             its supervisory and advisory functions. This
memastikan akuntabilitas, transparansi,       infrastructure serves as a key supporting
                                                                                             pemberian nasihat kepada Direksi,             included ensuring the effectiveness of the
perilaku beretika dan keberlanjutan           framework in ensuring accountability,
                                                                                             termasuk dalam memastikan efektivitas         Company's strategies, risk management,
dalam seluruh aktivitas bisnis Perusahaan.    transparency, ethical conduct and
                                                                                             strategi Perseroan, pengelolaan risiko,       compliance with applicable laws and
Ke depan, Dewan Komisaris akan terus          sustainability across all of the Company’s
                                                                                             serta kepatuhan terhadap peraturan            regulations, as well as the implementation
menjaga dan mendorong penguatan               business activities. Going forward, the
                                                                                             perundang-undangan yang berlaku dan           of good corporate governance principles.
praktik GCG secara berkesinambungan,          Board of Commissioners will continue
                                                                                             penerapan prinsip tata kelola perusahaan
termasuk penyelarasan dengan praktik          to maintain and promote the continuous
                                                                                             yang baik.
terbaik di kawasan Southeast Asia dan         strengthening of GCG practices,
negara-negara anggota Organization for        including alignment with best practices
                                                                                             Selain itu, tidak terdapat perubahan pada     Furthermore, there were no changes
Economic Cooperation and Development          in Southeast Asia and member countries
                                                                                             komposisi anggota Dewan Komisaris             in the composition of the Board of
(OECD), agar GCG tetap menjadi tulang         of the Organisation for Economic Co-



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Board of Commissioners’ Report                                                                                                                                  Board of Commissioners’ Report




selama tahun 2025, yang mencerminkan          Commissioners throughout 2025,                 Dewan Komisaris menilai bahwa strategi          The Board of Commissioners believes
kesinambungan peran, stabilitas, serta        reflecting the continuity, stability, as       diversifikasi usaha yang telah dijalankan       that the business diversification
efektivitas Dewan Komisaris dalam             well as effectiveness of the Board             Petrosea pada tahun 2025 merupakan              strategy implemented by Petrosea in
menjalankan fungsi pengawasan secara          of Commissioners in carrying out its           langkah yang tepat dalam memperkuat             2025 was a timely and effective step in
independen dan berkelanjutan.                 supervisory function independently and         ketahanan bisnis di tengah perkembangan         strengthening business resilience amid
                                              sustainably.                                   geopolitik dan siklus industri yang dinamis.    geopolitical developments and dynamic
                                                                                             Penguatan kapabilitas multidisiplin di          industry cycles. The enhancement of
Prospek Usaha                                 Business Prospects                             bidang EPC, EPCI, jasa pertambangan,            multidisciplinary capabilities across
                                                                                             serta logistik secara terintegrasi              integrated EPC, EPCI, mining services, as
Dewan Komisaris memandang bahwa               The Board of Commissioners expects
                                                                                             diharapkan dapat meningkatkan                   well as logistics is expected to improve the
tahun 2026 masih akan diwarnai oleh           that 2026 will continue to be marked
                                                                                             fleksibilitas dan daya saing Perusahaan         Company’s flexibility and competitiveness
dinamika perekonomian global dan              by challenging global and domestic
                                                                                             dalam menangkap peluang di berbagai             in capturing opportunities across various
domestik yang penuh tantangan, seiring        economic dynamics, driven by the
                                                                                             segmen dan rantai nilai tempat Petrosea         segments and value chains in which
dengan proses normalisasi kebijakan           normalization of global monetary policies,
                                                                                             berperan dan berkontribusi, termasuk            Petrosea operates and contributes,
moneter global, perkembangan                  ongoing geopolitical developments, as
                                                                                             sektor energi & migas, pertambangan             including the energy and oil & gas, mining
geopolitik, serta perubahan arah kebijakan    well as significant shifts in international
                                                                                             dan hilirisasi industri, baik di dalam negeri   and industrial downstream sectors, both
perdagangan internasional, termasuk           trade policies, including the increasingly
                                                                                             maupun di kawasan Asia Pasifik dan              domestically and across the Asia-Pacific
perubahan arah kebijakan perdagangan          protectionist trade policy direction of
                                                                                             Oseania.                                        and Oceania regions.
Amerika Serikat yang bersifat proteksionis.   the United States. In this condition, the
Dalam kondisi tersebut, Dewan Komisaris       Board of Commissioners emphasizes the
                                                                                             Dalam sektor energi dan sumber                  In the energy and natural resources
menekankan pentingnya kewaspadaan,            importance of vigilance, disciplined risk
                                                                                             daya alam, Dewan Komisaris mencermati           sector, the Board of Commissioners
disiplin manajemen risiko dan ketangkasan     management and agility in responding to
                                                                                             bahwa batu bara masih akan memegang             notes that coal is expected to continue
dalam merespons perubahan lingkungan          changes in the business environment.
                                                                                             peranan penting dalam bauran energi             playing a significant role in the national
usaha.
                                                                                             nasional selama masa transisi energi,           energy mix during the energy transition
                                                                                             meskipun dihadapkan pada volatilitas            period, despite ongoing price volatility
Dewan Komisaris mencermati prospek            The Board of Commissioners expects that
                                                                                             harga dan potensi penyesuaian tingkat           and potential adjustments to national
pertumbuhan ekonomi Indonesia yang            Indonesia’s economic growth outlook will
                                                                                             produksi nasional. Sementara itu, gas bumi      production levels. Meanwhile, natural
relatif terjaga, didukung oleh penguatan      remain relatively resilient, supported by
                                                                                             diposisikan sebagai sumber energi transisi      gas is positioned as a strategic transition
konsumsi domestik, keberlanjutan              strengthening domestic consumption,
                                                                                             strategis yang mendorong peningkatan            energy source, driving increased demand
pembangunan infrastruktur serta               continued infrastructure development
                                                                                             kebutuhan terhadap pengembangan                 for infrastructure development, gas
kebijakan pemerintah dalam memperkuat         as well as government policies aimed
                                                                                             infrastruktur, fasilitas pengolahan gas,        processing facilities, and downstream oil
ketahanan energi nasional. Menurut            at enhancing national energy security.
                                                                                             serta industri hilir migas dan pengolahan       and gas and energy-based processing
Badan Pusat Statistik, perekonomian           According to BPS-Statistics Indonesia,
                                                                                             berbasis energi.                                industries.
Indonesia mencatat pertumbuhan sebesar        Indonesia’s economy recorded a 5.11%
5,11% sepanjang tahun 2025, meningkat         growth in 2025, an increase from 5.03% in
                                                                                             Sejalan dengan hal tersebut, prospek            In line with this, the medium to long-term
dibandingkan tahun sebelumnya sebesar         the previous year, reflecting the resilience
                                                                                             jangka menengah hingga panjang lini             outlook for the EPCI business line remains
5,03% yang mencerminkan daya tahan            of the economy amid global challenges.
                                                                                             bisnis EPCI dinilai tetap positif, didukung     positive, supported by the national
ekonomi ditengah tantangan global.            Efforts to optimize national oil & gas
                                                                                             oleh agenda penguatan ketahanan                 energy security agenda, the development
Upaya optimalisasi produksi migas             production and reduce reliance on energy
                                                                                             energi nasional, pengembangan hilirisasi        of downstream industries, as well as
nasional dan pengurangan ketergantungan       imports are considered to be aligned
                                                                                             industri, serta kebutuhan investasi pada        investment requirements for efficient and
terhadap impor energi dinilai sejalan         with the government’s long-term policy
                                                                                             fasilitas pengolahan yang efisien dan           sustainable processing facilities. In the
dengan arah kebijakan jangka panjang          direction, while also creating opportunities
                                                                                             berkelanjutan. Pada lini bisnis EPC,            EPC business line, Petrosea positions its
pemerintah, sekaligus membuka peluang         for the Company to play an active role in
                                                                                             Petrosea memposisikan kapabilitas               integrated EPC capabilities to support
bagi Perusahaan untuk berperan dalam          supporting strategic projects in the energy
                                                                                             EPC terintegrasi untuk mendukung                infrastructure development across the
mendukung proyek-proyek strategis di          sector.
sektor energi.

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Board of Commissioners’ Report                                                                                                                                             Board of Commissioners’ Report




pengembangan infrastruktur di sektor          energy, mining and mineral processing         Didukung oleh rekam jejak yang                          Supported by a solid track record,
energi, pertambangan dan pengolahan           sectors, including the construction of        solid, kapabilitas teknis multidisiplin,                multidisciplinary technical capabilities,
mineral, mencakup pembangunan                 supporting infrastructure, production         pemanfaatan teknologi digital, serta                    the adoption of digital technologies, as
infrastruktur pendukung, fasilitas            facilities, as well as industrial utilities   sinergi dalam grup dan ditopang oleh                    well as synergies within the group and
produksi, serta utilitas industri yang        that underpin operational sustainability.     fondasi GCG yang kuat serta manajemen                   underpinned by a strong GCG foundation
menunjang keberlanjutan operasional.          The group’s capabilities are further          risiko terintegrasi, Dewan Komisaris                    and integrated risk management, the
Penguatan kapabilitas grup juga diperluas     strengthened through Scan-Bilt, which         meyakini bahwa Petrosea berada                          Board of Commissioners believes that
melalui Scan-Bilt, yang berfokus pada         focuses on providing multidisciplinary        pada posisi yang tepat untuk menjaga                    Petrosea is well positioned to sustain
penyediaan jasa EPC multidisiplin             onshore EPC services for petrochemical        kesinambungan kinerja usaha dan                         business performance and create long-
onshore untuk proyek-proyek petrokimia,       projects, chemical processing facilities,     menciptakan nilai tambah jangka panjang                 term value for all stakeholders.
fasilitas pengolahan kimia, terminal,         terminals, as well as various other           bagi seluruh pemangku kepentingan.
serta berbagai infrastruktur industri         energy-based industrial infrastructure.
berbasis energi lainnya. Di sisi komoditas    In mineral commodities, gold continues
mineral, emas tetap dipandang sebagai         to be viewed as a safe-haven asset with       Apresiasi & Penutup                                     Appreciation & Closing
komoditas safe haven dengan prospek           a solid medium to long-term outlook,
                                                                                            Mewakili Dewan Komisaris, saya                          On behalf of the Board of Commissioners,
jangka menengah hingga panjang yang           driven by rising demand as a hedging
                                                                                            menyampaikan apresiasi kepada Direksi,                  I would like to express my appreciation
solid, seiring meningkatnya permintaan        instrument amid global economic and
                                                                                            manajemen, serta seluruh karyawan atas                  to the Directors, management, as well as
sebagai instrumen lindung nilai di tengah     geopolitical uncertainties. Meanwhile,
                                                                                            kontribusi dan dedikasinya terhadap                     all employees for their contributions and
ketidakpastian ekonomi dan geopolitik         nickel is expected to remain a key pillar
                                                                                            kinerja Perusahaan sepanjang tahun 2025.                dedication to the Company's performance
global. Sementara itu, komoditas nikel        in Indonesia’s long-term economic
                                                                                            Ucapan terima kasih juga kami sampaikan                 throughout 2025. We would also like to
diperkirakan akan terus menjadi pilar         transformation, supported by its strategic
                                                                                            kepada para pemegang saham, klien, mitra                thank our shareholders, clients, business
penting dalam transformasi ekonomi            role in the electric vehicle industry and
                                                                                            usaha dan seluruh pemangku kepentingan                  partners and all other stakeholders for their
nasional jangka panjang, didukung             battery materials supply chain.
                                                                                            atas kepercayaan dan dukungan yang                      continued trust and support.
oleh perannya yang strategis dalam
                                                                                            senantiasa terjaga.
pengembangan industri kendaraan listrik
serta kebutuhan material baterai.
                                                                                            Ke depan, kami percaya bahwa kontribusi                 Going forward, we believe that such
                                                                                            dan kepercayaan tersebut akan menjadi                   contributions and trust will conwtinue
Dengan mempertimbangkan berbagai              Taking into account the various
                                                                                            fondasi penting bagi Petrosea dalam                     to serve as an important foundation for
peluang dan risiko tersebut, Dewan            opportunities and risks, the Board of
                                                                                            memastikan keberlanjutan usaha dan                      Petrosea in ensuring business sustainability
Komisaris berpandangan bahwa tahun            Commissioners believes that 2026 calls
                                                                                            penciptaan nilai jangka panjang bagi                    and the creation of long-term value for all
2026 menuntut optimisme yang tinggi,          for a high level of optimism accompanied
                                                                                            seluruh pemangku kepentingan.                           stakeholders.
disertai dengan prinsip kehati-hatian.        by the principle of prudence. The Board of
Dewan Komisaris akan terus mengawasi          Commissioners will continue to oversee
pelaksanaan strategi Perusahaan agar          the implementation of the Company’s
                                                                                                                                       Jakarta, Maret 2026
senantiasa mengedepankan selektivitas         strategies to ensure a strong focus on                                                   Jakarta, March 2026
portofolio proyek, penguatan kapasitas        portfolio selectivity, strengthening
                                                                                                                                  Atas Nama Dewan Komisaris
operasional, efisiensi biaya, keselamatan     operational capacity, cost efficiency,                                         On Behalf of the Board of Commissioners
kerja, serta penerapan GCG dan                workplace safety, as well as the consistent
manajemen risiko secara konsisten.            application of GCG and risk management.


                                                                                                                                       Osman Sitorus
                                                                                                                       Presiden Komisaris merangkap Komisaris Independen
                                                                                                                  President Commissioner concurrently Independent Commissioner




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         Dewan Komisaris
         Board of Commissioners




          Osman Sitorus
                                                                                                                                                                   Dr. Setia Untung Arimuladi,
          Presiden Komisaris                  Erwin Ciputra   Djauhar Maulidi, S.E., M.B.A.   Prof. Ginandjar Kartasasmita   Jenderal Pol. (Purn.) Drs. Sutanto
                                                                                                                                                                           S.H., M.Hum.
  merangkap Komisaris Independen                 Komisaris             Komisaris                       Komisaris                         Komisaris
                                                                                                                                                                       Komisaris Independen
       President Commissioner                  Commissioner          Commissioner                    Commissioner                      Commissioner
                                                                                                                                                                    Independent Commissioner
concurrently Independent Commssioner




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Laporan Direksi
                                                                                                                                                                               Laporan Direksi
                                                                                                                                                                    Board of Directors’ Report


Board of Directors’ Report


Petrosea sukses                                                                              Meskipun dihadapkan pada ketidakpastian        Despite facing ongoing uncertainties
mengimplementasikan strategi                                                                 akibat berlanjutnya isu geopolitik,            due to geopolitical issues, shifts in global
diversifikasi dan ekspansi bisnis                                                            perubahan permintaan global, transisi          demand, energy transition and supply
secara efektif sepanjang 2025                                                                energi dan dinamika rantai pasok yang          chain dynamics, which contributed to
                                                                                             berdampak pada volatilitas harga               commodity price volatility, we are grateful
yang telah memperkuat ketahanan
                                                                                             komoditas, dengan penuh rasa syukur            that the Company was able to manage
Perusahaan serta memastikan
                                                                                             kami menyampaikan bahwa Perusahaan             risk and successfully carried out its
capaian pertumbuhan yang
                                                                                             mampu mengelola risiko dan sukses              business development, both organically
berkelanjutan
                                                                                             melaksanakan pengembangan usaha,               and inorganically. Therefore, this report
                                                                                             secara organik maupun anorganik. Dengan        comprehensively presents Petrosea’s
Petrosea successfully implemented its
diversification and business expansion                                                       demikian, laporan ini secara komperhensif      achievement in meeting its performance
strategies throughout 2025 which strengthened                                                melaporkan keberhasilan Petrosea dalam         targets for the 2025 financial year, while
the Company’s resilience while ensuring the                                                  mencapai target kinerja untuk tahun buku       also demonstrating the results of the
achievement of sustainable growth
                                                                                             2025, sekaligus menyampaikan hasil dari        Company’s hard work and implementation
                                                                                             kerja keras dan implementasi strategi          of its diversification strategy.
                                                                                             diversifikasi.
Michael
Presiden Direktur
                                                                                             Dengan selesainya proses akuisisi 51%          With the completion of the acquisition
President Director                                                                           saham Hafar & anak usaha, 100% saham           of 51% shares of Hafar and subsidiaries,
                                                                                             HBS (PNG) Limited & anak usaha, serta          100% shares of HBS (PNG) Limited and
                                                                                             60% saham Scan-Bilt Pte. Ltd., Petrosea        subsidiaries, as well as 60% shares of
                                                                                             terus berevolusi dan semakin melengkapi        Scan-Bilt Pte. Ltd., Petrosea has continued
                                                                                             mata rantainya secara terintegrasi dari hulu   to evolve and complete its end-to-end
                                                                                             hingga hilir. Kapabilitas tersebut mencakup    integrated value chain from upstream to
Yang kami hormati seluruh pemegang              Dear esteemed shareholders and               layanan multidisiplin ilmu di bidang EPC,      downstream. These capabilities include
saham dan pemangku kepentingan,                 stakeholders,                                jasa pertambangan, EPCI lepas pantai,          multidisciplinary EPC, mining services,
                                                                                             serta jasa logistik & pendukung untuk          offshore EPCI, as well as logistics and
Atas nama Direksi PT Petrosea Tbk,              On behalf of the Board of Directors of       industri pertambangan, migas, pengolahan       support services for the mining, oil & gas,
perkenankan kami menyampaikan laporan           PT Petrosea Tbk, allow me to present         kimia dan infrastruktur.                       chemical processing and infrastructure
atas pengelolaan Perusahaan untuk tahun         our report on the management of the                                                         industries.
buku 2025, beserta Laporan Keuangan             Company for the 2025 financial year,
Konsolidasian yang telah diaudit oleh           as well as the Consolidated Financial        Strategi & Kebijakan Strategis                 Strategies & Strategic Policies
Kantor Akuntan Publik Liana Ramon Xenia         Statements that have been audited by the     Peranan Direksi dalam Perumusan dan            The Role of the Board of Directors in
& Rekan dengan opini wajar dalam semua          Public Accounting Firm Liana Ramon Xenia     Proses yang Dilakukan dalam Memastikan         Strategy Formulation and the Processes
hal yang material serta sesuai dengan           & Rekan with a fair option in all material   Penerapan Strategi dan Kebijakan               Undertaken to Ensure the Implementation
Standar Akuntansi Keuangan yang berlaku.        aspects in accordance with applicable                                                       of Strategies and Policies
Penyampaian laporan ini juga merupakan          Financial Accounting Standards. This
wujud komitmen kami dalam penerapan             report is also a form of our commitment      Seluruh pencapaian Petrosea didukung           All of Petrosea’s achievements are
tata kelola perusahaan yang baik guna           in implementing corporate governance         oleh perumusan strategi dan kebijakan          supported by the formulation of
mendorong kinerja yang semakin kuat dan         in order to drive stronger and more          strategis yang diimplementasikan secara        strategies and strategic policies that are
berkelanjutan.                                  sustainable performance.                     konsisten. Setiap tahun Direksi bersama        implemented consistently. Each year,
                                                                                             Dewan Komisaris menyusun strategi dan          the Board of Directors together with the




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Board of Directors’ Report                                                                                                                                             Board of Directors’ Report




kebijakan strategis Perusahaan yang            Board of Commissioners formulates              Keduanya untuk memenuhi kebutuhan                 mining sectors. Both are intended to meet
kemudian dirumuskan ke dalam Rencana           the Company’s strategic direction and          pasar dan potensi pengembangan bisnis             market needs and business development
Jangka Panjang (Strategic Business Plan)       policies which are subsequently included       melalui penyediaan jasa atau segmen baru          opportunities through the provision of
dan Rencana Kerja dan Anggaran Tahunan         in the Strategic Business Plan and Annual      ke dalam mata rantai terintegrasi dari hulu       new services or segments across the
(Annual Business Plan) dengan fokus pada       Business Plan), with a focus on business       hingga hilir di berbagai disiplin ilmu, baik di   integrated value chain from upstream to
pengembangan dan ekspansi bisnis, serta        development and expansion, as well as          bidang rekayasa dan teknik sipil, konstruksi      downstream, across multiple disciplines,
penerapan strategi diversifikasi guna          the implementation of its diversification      dan pertambangan.                                 including engineering and civil works,
memperkuat daya saing, ketahanan usaha         strategy to strengthen competitiveness,                                                          construction and mining.on and civil works,
dan penciptaan nilai jangka panjang bagi       business resilience and long-term value                                                          as well as mining disciplines.
seluruh pemangku kepentingan.                  creation for all stakeholders.
                                                                                              Sementara itu, kebijakan strategis                Furthermore, the strategic policy for
Strategi diversifikasi melalui akuisisi        The diversification strategy through           pengembangan usaha secara organik yang            organic business development, as outlined
yang dilaksanakan pada tahun ini telah         acquisitions implemented this year             tertuang dalam rencana kerja strategis            in the Company's long-term strategic
menciptakan new pathways to growth bagi        has created new pathways to growth             jangka panjang mencakup peningkatan               plan, includes expanding operational
Petrosea sebagai manifestasi dari tujuan       for Petrosea as a manifestation of the         kapasitas operasional melalui penambahan          capacity through fleet growth and capital
jangka panjang Perusahaan untuk memiliki       Company’s long-term goal of establishing       armada serta pengalokasian belanja                expenditure allocation to support the
alternatif sumber pendapatan yang tidak        alternative revenue streams that do not        modal untuk mendukung realisasi backlog           realization of backlog from new projects
hanya bergantung pada satu komoditas           rely on a single commodity and managing        dari proyek-proyek baru pada lini bisnis          in the Mining Services and EPC business
saja dan upaya dalam pengelolaan risiko        risks associated with commodity                Jasa Pertambangan dan EPC. Kebijakan              lines. Other strategic policies were
terhadap volatilitas harga komoditas.          price volatility. The implementation of        strategis lainnya juga diwujudkan melalui         also realized by enhancing technical
Implementasi strategi diversifikasi            this inorganic diversification strategy        peningkatan kapabilitas teknis terkini,           capabilities, including the implementation
secara anorganik ini dilaksanakan untuk        was carried out to align with business         termasuk penerapan prinsip operational            of operational excellence principles,
menyesuaikan dengan perkembangan               developments that reflect the current and      excellence dan aspek K3L serta efektivitas        SHE standards and cost management
bisnis sejalan dengan dinamika industri        future dynamics of the mining, oil & gas       manajemen biaya yang mengedepankan                effectiveness focused on efficiency.
pertambangan, migas dan pengolahan             and chemical processing industries. The        efisiensi.
kimia pada saat ini dan yang akan datang.      strengthening of our business portfolio
Penguatan portofolio bisnis turut              has also enhanced Petrosea’s capability        Untuk mendukung pencapaian strategi               To support the achievement of the
memperkuat kemampuan Petrosea dalam            to serve potential clients across the Asia     Perusahaan, rencana kerja tahun 2026              Company’s long-term strategy, the
melayani kebutuhan klien potensial di          Pacific and Oceania markets.                   dan lima tahunan juga telah dirumuskan di         2026 and five-year work plans have been
pasar kawasan Asia Pasifik dan Oseania.                                                       penghujung tahun 2025 oleh Direksi dan            formulated by the Board of Directors and
                                                                                              Dewan Komisaris. Pelaksanaan rencana              Board of Commissioners at the end of the
Kapabilitas terbaru direalisasikan melalui     New capabilities have been realized            tersebut akan dimonitor dan dievaluasi            2025. The execution of these plans will be
penyediaan Engineering, Procurement,           through the provision of Engineering,          secara berkala melalui rapat gabungan             regularly monitored and evaluated through
Construction & Installation (EPCI) guna        Procurement, Construction & Installation       Direksi dan Dewan Komisaris serta rapat           joint meetings between the Board of
mendukung berbagai proyek strategis            (EPCI) services to support various strategic   dengan seluruh komite sesuai dengan               Directors and Board of Commissioners, as
di sektor dan industri pengolahan kimia        projects in the chemical processing            kalender kerja korporasi untuk tahun              well as meetings with related committees
serta migas lepas pantai. Pada lini            as well as offshore oil & gas sectors          2026 agar seluruh strategi dan kebijakan          in accordance with the annual work
bisnis Jasa Pertambangan, Petrosea             and industries. In the Mining Services         strategis dapat diimplementasikan dengan          calendar to ensure that all strategies
mengembangkan kapabilitas teknis               business line, Petrosea has developed          efektif.                                          and strategic policies are implemented
tingkat lanjut, termasuk engineering di        advanced technical capabilities, including                                                       effectively.
bidang pertambangan emas dan mineral.          engineering expertise in gold and mineral




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Board of Directors’ Report                                                                                                                                           Board of Directors’ Report




Implementasi seluruh strategi dan              The implementation of all strategies and        Pertama, melalui Hafar & anak usaha,           First, through Hafar & subsidiaries,
kebijakan strategis akan terus diperkuat       strategic policies will be continuously         grup Petrosea memperluas diversifikasi         Petrosea group has expanded its
melalui pengembangan layanan yang              reinforced through the development              bisnis dengan menghadirkan kapabilitas         business diversification by providing
selaras dengan business model dan              of services aligned with our business           engineering, procurement & construction        integrated engineering, procurement
kebutuhan pelanggan, termasuk                  model and customer requirements,                terpadu dengan kemampuan teknis                and construction capabilities combined
investasi berkelanjutan pada teknologi,        including continuous investment in              installation tingkat lanjut untuk sektor       with advanced technical installation
kompetensi sumber daya manusia dan             technology, human capital competencies          dan industri migas lepas pantai. Hafar         expertise for the offshore oil & gas sector
sistem manajemen Perusahaan. Langkah           and the Company's management                    Daya Konstruksi menyediakan layanan            and industry. Hafar Daya Konstruksi
ini guna memastikan peningkatan daya           system. This approach aims to ensure            offshore pipelaying, subsea segment            provides offshore pipelaying services,
saing, keberlanjutan operasi, serta            enhanced competitiveness, operational           pipe replacement, shore-pull, PLEM             subsea segment pipe replacement,
penguatan ketahanan dan fondasi bisnis,        sustainability, as well as the strengthening    installation, CALM Buoy (SPM) installation,    shore-pull, PLEM installation, CALM buoy
dengan tetap menjadikan GCG sebagai            of business resilience and foundation,          platform riser-repair / replacement dan        (SPM) installation, platform riser repair /
tulang punggung dalam merealisasikan           while maintaining GCG as the backbone in        pre-trenching & post-trenching. Hafar          replacement, as well as pre-trenching and
pertumbuhan jangka panjang Petrosea di         realizing Petrosea’s long-term growth in        Daya Samudera mendukung aktivitas              post-trenching. Hafar Daya Samudera
masa mendatang.                                the upcoming future.                            pengeboran dan produksi lepas pantai           supports offshore drilling and production
                                                                                               dengan menyediakan layanan pelayaran           activities by providing licensed marine
Kinerja Perusahaan                             Company Performance                             berlisensi dan pengoperasian crew boat,        services and operating crew boats, coastal
                                                                                               coastal tug, material barge, general barge     tugs, material barges, general barges, and
Pencapaian Kinerja 2025 &                      2025 Performance Achievements
                                                                                               dan shallow water dredger. Sedangkan           shallow water dredgers. Meanwhile Hafar
Perbandingannya dengan Target                  & Comparison with Targets
                                                                                               Hafar Capitol Nusantara menyediakan            Capitol Nusantara provides pipelaying
Pelaksanaan rencana kerja, strategi dan        The implementation of the work plan,
                                                                                               layanan pipelaying barge, anchor handling      barge, anchor-handling tugs and pontoon
kebijakan strategis telah membuahkan           strategies and strategic policies has
                                                                                               tugs dan pontoon barge.                        barge services.
hasil yang melampaui target. Tahun 2025,       delivered results that exceeded targets.
Petrosea sukses mengimplementasikan            in 2025, Petrosea successfully
                                                                                               Kedua, melalui HBS & anak usaha yang           Second, through HBS & subsidiaries
strategi diversifikasi melalui beberapa        implemented its diversification strategy
                                                                                               terdiri dari HBS PNG Pty. Limited, Hidden      which consist of HBS PNG Pty. Limited,
akuisisi strategis, serta sukses               through several strategic acquisitions,
                                                                                               Valley Contractors Ltd., HBS Plant             Hidden Valley Contractors Ltd., HBS
mencatatkan peningkatan terhadap total         while also recording a 28.32% increase in
                                                                                               Hire Ltd.dan HBS Solomon Islands Ltd.,         Plant Hire Ltd. and HBS Solomon Islands
pendapatan yang naik 28,32% dan laba           total revenue, as well as profit attributable
                                                                                               grup Petrosea memperluas diversifikasi         Ltd., Petrosea group has expanded its
yang dapat diatribusikan kepada pemilik        to the owners of the parent company
                                                                                               bisnis dengan menghadirkan kapabilitas         business diversification by developing
entitas induk yang naik 197,02%.               which increased by 197.02%.
                                                                                               pertambangan emas dan mineral tingkat          comprehensive advanced capabilities in
                                                                                               lanjut secara komperehensif. Layanan           gold and mineral mining. These services
Strategi diversifikasi melalui akuisisi        The diversification strategy through
                                                                                               yang diberikan mencakup jasa eksplorasi,       cover exploration, mine planning and
dilakukan secara selektif, dengan              acquisitions was executed selectively,
                                                                                               perencanaan dan kegiatan eksploitasi           exploitation activities. In addition, HBS
fokus pada penguatan kapabilitas               with a focus on strengthening technical
                                                                                               tambang. Selain itu, HBS juga menyediakan      provides heavy equipment and machinery
teknis, perluasan portofolio layanan,          capabilities, expanding service portfolio,
                                                                                               layanan penyewaan alat berat, peralatan        hire services, including mobile plants for
serta diversifikasi sektor usaha guna          as well as diversifying business sectors
                                                                                               pendukung, mesin, termasuk mobile plant        construction and civil works, as well as
menciptakan sumber pertumbuhan baru            to create new and sustainable sources of
                                                                                               untuk pekerjaan konstruksi dan teknik sipil,   trading of new and used heavy equipment,
yang berkelanjutan.                            growth.
                                                                                               serta perdagangan alat berat baru maupun       including supporting equipment, vehicles
                                                                                               bekas, termasuk peralatan pendukung,           and spare parts.
                                                                                               kendaraan dan suku cadang.




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Ketiga, melalui Scan-Bilt, grup Petrosea         Third, through Scan-Bilt, Petrosea group      ini sebagai hasil dari meningkatnya         by higher overburden removal volume of
memperluas diversifikasi bisnis dengan           has expanded its business diversification     volume lapisan tanah penutup sebesar        26.80% and coal production decrease of
menghadirkan kapabilitas multidisiplin           by introducing multidisciplinary              26,80% dan produksi batu bara menurun       11.81%, supported by business expansion
konstruksi dan teknik sipil guna mendukung       construction and civil engineering            sebesar 11,81%, didukung oleh ekspansi      into the Central Kalimantan region.
berbagai proyek strategis untuk sektor           capabilities to support strategic projects    bisnis ke kawasan Kalimantan Tengah.        Furthermore, the Offshore Oil & Gas
dan industri pengolahan kimia dan                for the chemical processing and onshore       Sementara itu, lini bisnis EPCI Migas       EPCI business line recorded revenue of
migas onshore, termasuk pembangunan              oil & gas sectors and industries, including   Lepas Pantai membukukan pendapatan          US$32.87 million, followed by the Logistics
chemical plant, tankage terminal dan             the development of chemical plants,           sebesar US$32,87 juta, disusul lini         & Support Services business line, which
fasilitas pembangkit listrik. Kedepannya,        tankage terminals and power generation        bisnis Jasa Logistik & Pendukung yang       generated revenue of US$30.07 million.
Petrosea akan mengembangkan                      facilities. Going forward, Petrosea will      membukukan pendapatan sebesar               Coal sales from CEP contributed US$52.01
Scan-Bilt sebagai business hub untuk             develop Scan-Bilt as a business hub for       US$30,07 juta. Penjualan batu bara          million or 5.87% to the total revenue of the
ekspansi bisnis ke kawasan Asia Pasifik dan      its business expansion into the Asia-         CEP memberikan kontribusi sebesar           Company. Operating profit increased by
Oseania yang mencakup Singapura, Papua           Pacific and Oceania region which includes     US$52,01 juta atau 5,87% terhadap total     74.51% from US$38.66 million to US$67.47
Nugini, Australia dan Indonesia.                 Singapore, Papua New Guinea, Australia        pendapatan Perusahaan. Laba operasi         million in 2025. This increase also resulted
                                                 and Indonesia.                                meningkat sebesar 74,51% dari US$38,66      from effective management of the
                                                                                               juta menjadi US$67,47 juta pada tahun       Company's operational and administrative
Secara kinerja keuangan, Perusahaan              From a financial performance perspective,     2025. Peningkatan ini juga dihasilkan       expenses, resulting in operating profit
mencatat pertumbuhan yang solid                  the Company recorded solid growth, with       dari pengelolaan beban operasi dan          margin growth of 7.61% compared to
dengan peningkatan total pendapatan              total revenue increasing by 28.32% to         administrasi secara efektif, sehingga       5.60% during the previous year.
sebesar 28,32% menjadi US$886,46                 US$886.46 million. This achievement was       menghasilkan margin laba operasi yang
juta. Pencapaian tersebut terutama               primarily supported by contributions from     tumbuh menjadi 7,61% dibandingkan
didukung oleh kontribusi dari lini bisnis Jasa   the Mining Services business line which       5,60% pada tahun sebelumnya.
Pertambangan yang menyumbang 43,91%,             accounted for 43.91%, EPC at 42.84%, as
EPC 42,84%, serta lini bisnis baru, yaitu        well as the new Offshore Oil & Gas EPC        Laba yang dapat diatribusikan kepada        Profit attributable to the owners of the
EPCI Migas Lepas Pantai sebesar 3,71%.           business line which contributed 3.71%.        pemilik entitas induk meningkat secara      company increased significantly to
Petrosea juga berhasil membukukan total          Petrosea also successfully recorded a         signifikan menjadi sebesar US$28,81 juta,   US$28.81 million, representing a 197.02%
nilai perolehan kontrak (backlog) sebesar        total contract acquisition value (backlog)    atau tumbuh 197,02% pada akhir tahun,       year-on-year growth, primarily driven
US$4,44 miliar pada akhir tahun.                 of US$4.44 billion as of year-end.            terutama dihasilkan dari peningkatan        by higher operational activity and the
                                                                                               aktivitas operasional serta selesainya      completion of acquisition transactions.
Lini bisnis EPC membukukan pendapatan            The EPC business line recorded revenue of     pelaksanaan transaksi akuisisi. Beban       Interest expense increased by 115.08% in
sebesar US$379,75 juta yang tumbuh               US$379.75 million, representing a 26.93%      bunga tercatat meningkat sebesar            line with the utilization of bank financing to
26,93% dibandingkan dengan US$299,17             increase compared with US$299.17 million      115,08% seiring dengan penggunaan           support investments in capacity expansion
juta pada tahun sebelumnya, didukung             in the previous year, supported by several    pendanaan perbankan untuk mendukung         and acquisitions, as well as the realization
oleh beberapa proyek strategis untuk             strategic projects for BP Indonesia,          investasi penambahan kapasitas produksi     of the shelf-registered bonds and sukuk
BP Indonesia, Vale Indonesia dan Freeport        Vale Indonesia and Freeport Indonesia.        dan akuisisi, serta realisasi penawaran     to strengthen working capital for the
Indonesia. Sedangkan lini bisnis Jasa            Meanwhile, the Mining Services business       umum berkelanjutan obligasi dan sukuk       Company’s operational activities.
Pertambangan membukukan pendapatan               line recorded revenue of US$389.25            guna memperkuat modal kerja bagi
sebesar US$389,25 juta yang tumbuh               million, representing an 34.15% increase      aktivitas operasional Perusahaan.
34,15% dibandingkan dengan US$290,15             compared with US$290.15 million in the
juta pada tahun sebelumnya. Peningkatan          previous year. This increase was driven




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Meski demikian, kinerja keuangan               Nevertheless, the Company’s financial          Sukuk Ijarah Berkelanjutan I Tahap II Tahun    Ijarah I Phase II of 2025 worth Rp1.5 trillion
Perusahaan tetap solid, tercermin dari         performance remained solid, as reflected       2025 senilai Rp1,5 triliun yang kembali        which once again successfully recorded
peningkatan EBITDA sebesar 62,53%              by an 62.53% increase in EBITDA to             sukses mencatatkan kelebihan permintaan        oversubscription.
menjadi US$172,63 juta pada tahun 2025.        US$172.63 million in 2025.                     (oversubscribed).

Jumlah aset lancar mengalami peningkatan       Total current assets increased by 56.90%       Obligasi dan sukuk yang diterbitkan juga       The issued bonds and sukuk will also be
sebesar 56,90% sejalan dengan                  in line with increasing production capacity,   digunakan untuk memperkuat modal               utilized to strengthen working capital.
bertambahnya kapasitas produksi,               while cash and cash equivalents reached        kerja. PEFINDO memberikan peringkat            PEFINDO assigned a corporate rating of
sedangkan kas dan setara kas mencapai          US$72.03 million at year-end, reflecting       idA+ dengan prospek stabil terhadap            idA+ with a stable outlook for Petrosea
US$72,03 juta pada akhir tahun yang            a resilient financial structure and strong     Petrosea yang mencerminkan posisi              which reflects the Company’s strong
mencerminkan ketahanan struktur                liquidity. Total assets increased by           bisnis Perusahaan yang kuat, layanan yang      business position, integrated service and
keuangan dan likuiditas yang kuat. Jumlah      82.51% to US$1.58 billion, with fixed          terintegrasi dan profil keuangan yang kuat.    strong financial profile.
aset mengalami peningkatan sebesar             assets increasing by 121.20% as a result
82,51% menjadi US$1,58 miliar, di mana         of investments in additional mining            Pada tahun 2025, Petrosea mendirikan tiga      in 2025, Petrosea established three new
aset tetap mengalami peningkatan               equipment to support new mining services       anak usaha baru sebagai bagian dari upaya      subsidiaries as part of the Company’s
sebesar 121,20% sebagai hasil dari             projects and acquisitions.                     Perusahaan untuk terus menciptakan             ongoing efforts to create sustainable
investasi yang dilakukan untuk menambah                                                       nilai berkelanjutan, yaitu PT Portus Bara      value, namely PT Portus Bara Jaya in mining
peralatan tambang guna mendukung                                                              Jaya di bidang jasa pertambangan,              services, PT Petrosea EPC in EPC services,
proyek-proyek jasa pertambangan baru                                                          PT Petrosea EPC di bidang EPC, serta           and Petrosea Solution Pakistan (Private)
dan akuisisi.                                                                                 Petrosea Solution Pakistan (Private)           Limited in Engineering, Procurement &
                                                                                              Limited di bidang Engineering,                 Construction Management.
Jumlah liabilitas Perusahaan mengalami         The Company’s liabilities increased by         Procurement & Construction
peningkatan 106,54% menjadi US$1,28 juta       106.54% to US$1.28 million, primarily          Management.
yang disebabkan oleh aktivitas investasi       driven by investments in mining fleets,
armada tambang sehingga interest               which resulted in interest bearing debt        Pencapaian penting lainnya adalah              Another significant achievement was
bearing debt meningkat sebesar 113,62%         increasing by 113.62% to US$849.55             keberhasilan Petrosea dalam memperoleh         Petrosea’s success in securing various
menjadi US$849,55 juta guna mendukung          million in order to support the Company’s,     berbagai kontrak baru di lini bisnis Jasa      new contracts within the Mining Services
ekspansi bisnis dan diversifikasi usaha        business expansion and diversification.        Pertambangan, di antaranya adalah              business line, including a mining services
Perusahaan. Belanja modal yang terealisasi     Capital expenditure which was realized         perjanjian jasa pertambangan dengan            agreement with PT Bara Prima Mandiri and
sepanjang tahun didukung penuh oleh            during the year was fully supported by         PT Bara Prima Mandiri & PT Niaga Jasa          PT Niaga Jasa Dunia with an estimated
sumber pendanaan dari beberapa pihak           financing facilities from several national     Dunia dengan estimasi nilai kontrak            contract value of Rp4.03 trillion, as well as
perbankan nasional, yaitu dari PT Bank         banking institutions, namely PT Bank           sebesar Rp4,03 triliun, serta perjanjian       a mining services agreement with
Negara Indonesia Tbk., Bank Mandiri            Negara Indonesia (Persero) Tbk, PT Bank        jasa pertambangan dengan PT Vale               PT Vale Indonesia Tbk with an estimated
(Persero) Tbk dan PT Bank Central Asia Tbk.    Mandiri (Persero) Tbk and PT Bank Central      Indonesia Tbk dengan estimasi nilai            contract value of Rp16 trillion. In addition,
                                               Asia Tbk.                                      kontrak mencapai Rp16 triliun. Selain itu,     the Company also signed an overburden
                                                                                              Perusahaan juga menandatangani kontrak         removal service contract with
Pencapaian Kinerja Lainnya                     Other Performance Achievements                 jasa pengupasan dan pemindahan lapisan         PT Barasentosa Lestari with an estimated
Pencapaian penting lainnya adalah              Another notable achievement was the            tanah penutup dengan PT Barasentosa            contract value of Rp3.5 trillion. In the EPC
keberhasilan Perusahaan dalam                  Company’s successful issuance and list         Lestari dengan estimasi nilai kontrak          business line, Petrosea signed several
menerbitkan dan mencatatkan Obligasi           of its Shelf-Registered Bonds I Phase          sebesar Rp3,5 triliun. Pada lini bisnis EPC,   agreements, including an initial agreement
Berkelanjutan I Tahap II Tahun 2025 dan        II of 2025 and Shelf-Registered Sukuk          Petrosea menandatangani beberapa               with Reko Diq Mining Company (Private)




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    perjanjian, diantaranya perjanjian             Limited, a mining company in Pakistan to     Kami percaya bahwa penerapan prinsip-         We believe that the application of
    pelaksanaan awal dengan Reko Diq Mining        provide EPC services with a contract value   prinsip governansi korporat yang baik         good corporate governance principles
    Company (Private) Limited, perusahaan          of US$17.5 million.                          berperan penting dalam meningkatkan           plays an important role in enhancing
    pertambangan di Pakistan untuk jasa                                                         daya saing dalam kancah persaingan            competitiveness in the global arena,
    layanan EPC dengan nilai kontrak sebesar                                                    global, termasuk menurunkan biaya modal       including lowering the cost of capital and
    US$17,5 juta.                                                                               serta berkontribusi positif terhadap          contributing positively to the achievement
                                                                                                pencapaian kinerja sesuai dengan strategi     of performance in line with the established
    Kendala yang Dihadapi dan Antisipasi           Challenges Encountered and Mitigation        dan kebijakan strategis yang telah            strategies and strategic policies.
    yang Dilakukan                                 Measures Undertaken                          ditetapkan. Oleh karena itu, kami secara      Therefore, we periodically assess the level
    Sepanjang tahun pelaporan, Perusahaan          Throughout the reporting year, the           periodik mengukur tingkat kepatuhan           of compliance and corporate governance
    beroperasi di tengah dinamika geopolitik       Company operated amid global                 dan praktik corporate governance              practices based on assessments
    global yang meningkatkan volatilitas           geopolitical dynamics that heightened        berdasarkan penilaian yang dilakukan          conducted by an independent party,
    harga komoditas dan mempengaruhi               commodity price volatility and affected      oleh pihak independen dengan mengacu          referring to the ASEAN Corporate
    target produksi, sehingga mendorong            production targets, prompting several        kepada standar ASEAN Corporate                Governance Scorecard (ACGS) standards.
    dilakukannya penyesuaian rencana kerja         clients to adjust their work plans and       Governance Scorecard (ACGS).
    dan anggaran biaya oleh sejumlah klien,        budgets. This, in turn, impacted the
    yang berdampak pada penjadwalan                scheduling and activity levels of certain    Berdasarkan hasil evaluasi dan asesmen        Based on the results of the latest
    dan tingkat aktivitas beberapa proyek          mining services projects. Nevertheless,      terakhir yang dilakukan di tahun 2025,        evaluation and assessment conducted in
    jasa pertambangan Perusahaan. Namun,           the Company was able to anticipate and       penerapan pilar-pilar corporate               2025, the implementation of corporate
    Perusahaan berhasil mengantisipasi dan         effectively mitigate these challenges.       governance di Petrosea telah mengadopsi       governance pillars at Petrosea has
    memitigasi kendala tersebut dengan baik.                                                    standar internasional yang disyaratkan oleh   adopted the international standards
                                                                                                ACGS. Petrosea kembali mencatatkan            mandated by the ACGS. Petrosea once
    Penerapan Tata Kelola Perusahaan               Corporate Governance Implementation          predikat “Sangat Baik” dalam hal              again achieved an “Very Good” rating in
                                                                                                pelaksanaan GCG, dengan skor 94,79%,          its GCG implementation, with a score of
    Dapat dilaporkan bahwa GCG infrastruktur       It can be reported that Petrosea’s GCG
                                                                                                atau meningkat dibandingkan dengan            94.79%, an increase from the previous
    Petrosea efektif memfasilitasi capaian         infrastructure has effectively facilitated
                                                                                                skor tahun sebelumnya sebesar 92,21%.         year’s score of 92.21%. Petrosea’s
    Perusahaan dalam merealisasi strategi          the Company’s achievements in realizing
                                                                                                Posisi Petrosea dalam pelaksanaan tata        governance performance is above the
    dan kebijakan strategis sesuai dengan          its strategies and strategic policies in
                                                                                                kelola berada di atas rata-rata skor Big      average score of the Big Cap 100 listed
    target rencana kerja tahun 2025. Didukung      accordance with the 2025 work plan
                                                                                                Cap 100 perusahaan tercatat di Bursa Efek     companies on the Indonesia Stock
    oleh GCG infrastruktur Perusahaan              targets. Supported by the Company’s
                                                                                                Indonesia.                                    Exchange.
    sebagai sistem tata kelola internal yang       GCG infrastructure as a comprehensive
    komprehensif, seluruh pengambilan              internal governance system, all decision-
                                                                                                Petrosea telah menerapkan empat               Petrosea has implemented four pillars
    keputusan di setiap tingkatan organisasi       making at every level of the organization
                                                                                                pilar governansi korporat yang terdiri        of corporate governance—ethical
    dilakukan dengan berpedoman pada               is carried out based on the principle of
                                                                                                dari perilaku beretika, akuntabilitas,        conduct, accountability, transparency,
    prinsip kehati-hatian (prudent) serta          prudence and through various governance
                                                                                                transparansi dan keberlanjutan dalam          and sustainability—across its business
    melalui berbagai tahapan tata kelola,          stages, compliance with capital market
                                                                                                aktivitas bisnis dari Perusahaan, penerapan   activities, and this implementation is
    kepatuhan terhadap pelaksanaan                 regulations, and risk management
                                                                                                tersebut sejalan dengan praktik tata kelola   aligned with international best governance
    peraturan pasar modal serta pengelolaan        practices.
                                                                                                terbaik di tingkat internasional.             practices.
    risiko.




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Kami berkomitmen untuk terus                   We are committed to continuously               Apresiasi atas Penerapan Tata Kelola        Recognition of Governance
meningkatkan praktik GCG sebagai tulang        enhancing GCG as the backbone of                                                           Implementation
punggung bagi keberlanjutan bisnis             Petrosea’s business sustainability.            Sepanjang tahun 2025, praktik terbaik       Throughout 2025, Petrosea’s best
Petrosea. Secara berkesinambungan kami         We consistently strive to improve the          dalam pelaksanaan GCG di Petrosea           practices in GCG implementation once
melakukan perbaikan atas pelaksanaan           Company’s corporate governance                 kembali berhasil mendapatkan pengakuan      again received various recognitions from
corporate governance di Perusahaan             practices with the aim of adhering to          dari berbagai pihak, diantaranya            multiple institutions. These included
dengan menjalankan standar tata kelola         governance standards applied by other          penghargaan untuk kategori “Pendukung       awards for the “Oil, Gas & Coal Support”
berdasarkan perusahaan-perusahaan              public companies in Southeast Asia and in      Minyak, Gas & Batu Bara” pada Bisnis        category at the 2025 Bisnis Indonesia
terbuka lainnya di kawasan Asia Tenggara       member countries of the Organization for       Indonesia Awards 2025, "Community           Awards, “Community Empowerment”
dan negara-negara anggota dari                 Economic Cooperation and Development           Empowerment" pada Investor Daily ESG        category award at the Investor Daily ESG
Organization for Economic Cooperation          (OECD).                                        Appreciation 2025, predikat "Platinum       Appreciation 2025, “Platinum Alignment
and Development (OECD).                                                                       Alignment" pada Top 100 Indonesia           rating at the Top 100 Indonesia 2025 La
                                                                                              2025 La Tofi ESG Rating, "Best PR           Tofi ESG Rating, “Best PR Leader Awards
Perusahaan secara konsisten memelihara         The Company consistently maintains             Leader Awards 2025", "Indonesia Best        2025”, “Indonesia Best Corporate
dan memastikan bahwa infrastruktur GCG         and ensures that its GCG infrastructure        Corporate Secretary Awards 2025"            Secretary Awards 2025” and “Indonesia
yang dimiliki tetap relevan dan selaras        remains relevant and aligned with the          dan “Indonesia Top GCG Awards 2025”         Top GCG Awards 2025” from The
dengan Pedoman Umum Governansi                 Indonesian General Guidelines on               dari The Iconomics, “Peringkat A untuk      Iconomics, “Rating A for Best Sustainability
Korporat Indonesia, undang-undang              Corporate Governance, capital market           Laporan Keberlanjutan 2024 Terbaik” dari    Report 2024” from the Foundation for
pasar modal dan peraturan Otoritas Jasa        laws and Financial Services Authority          Foundation for International Human Rights   International Human Rights Reporting
Keuangan terkait tata kelola perusahaan        regulations related to the governance of       Reporting Standards (FIHRRST), serta        Standards (FIHRRST), as well as an award
terbuka, guna memastikan kesesuaian            public companies, to ensure compliance         penghargaan untuk kategori “Leadership      for the “Leadership A – Advancing ESG
dengan standar tata kelola terkini.            with the latest governance standards.          A- Advancing ESG Transparency” dari         Transparency” category from the Bumi
GCG Infrastruktur tersebut mencakup            This GCG infrastructure includes, among        Bumi Global Karbon (BGK) Foundation.        Global Karbon (BGK) Foundation. The
diantaranya adalah Kode Etik, Board            others: Code of Conduct, Board Manual,         Perusahaan juga berhasil meraih predikat    Company was recognized as one of the
Manual, Delegation of Authority, GCG           Delegation of Authority, GCG Manual,           sebagai “Top 50 Big Capitalization          “Top 50 Big Capitalization Public Listed
Manual, Piagam Komite Audit, Risk &            Audit, Risk & Compliance Committee             Public Listed Companies” di ajang 16th      Companies” at the 16th IICD Corporate
Compliance, Piagam Komite Nominasi             Charter, Nomination & Remuneration             IICD Corporate Governance Awards            Governance Awards
& Remunerasi, Piagam Komite Project &          Committee Charter, Project & Investment
Investment, Piagam Komite Keberlanjutan,       Committee Charter, Sustainability
Prosedur Transaksi Afiliasi & Benturan         Committee Charter, Affiliate Transactions      Prospek Usaha, Perkembangan                 Business Prospects, Economic
Kepentingan, Piagam Internal Audit,            & Conflict of Interests Procedure, Internal    Perekonomian & Pasar                        Development & Market
Standar Pelaksanaan Operasional,               Audit Charter, Operational Implementation
Whistleblowing System, Kebijakan               Standards, Whistleblowing System,              Tantangan Global                            Global Challenges
Manajemen Risiko, Kebijakan Corporate          Risk Management Policy, Corporate              Memasuki tahun 2026, Petrosea               Entering 2026, Petrosea views its business
Social Responsibility, Kebijakan Mutu,         Social Responsibility Policy, Quality Policy   memandang prospek usaha tetap terbuka       prospects as remaining open amid global
Kebijakan Safety, Health & Environment,        Safety, Health & Environment Policy,           di tengah dinamika perekonomian global      economic dynamics that continue to be
Kebijakan Komunikasi dan Kebijakan             Communication Policy and Anti-Bribery          yang masih diwarnai ketidakpastian.         marked by uncertainty. The normalization
Anti Penyuapan. Lebih lanjut, Petrosea         Policy. Furthermore, Petrosea continues to     Normalisasi kebijakan moneter,              of monetary policies, geopolitical
terus mempertahankan Sertifikasi ISO           maintain its ISO 37001:2016 Anti-Bribery       perkembangan geopolitik, eskalasi konflik   developments, the escalation of conflicts
37001:2016 Sistem Manajemen Anti               Management System certification to             di kawasan Timur Tengah dan penyesuaian     in the Middle East and adjustments in
Penyuapan dalam mencegah praktik suap.         prevent bribery practices.                     arah kebijakan perdagangan internasional    international trade policies are expected
                                                                                              diperkirakan masih menjadi faktor           to remain external factors influencing the
                                                                                              eksternal yang mempengaruhi iklim usaha     overall business climate and investment
                                                                                              dan arus investasi secara keseluruhan.      flows.


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Perekonomian Indonesia                         Indonesia’s Economy                           Construction & Installation (EPCI) guna         strategic offshore and onshore oil & gas
Di tingkat domestik, perekonomian              At the domestic level, Indonesia’s            mendukung proyek-proyek strategis               projects, as well as the development
Indonesia pada tahun 2026 diperkirakan         economy in 2026 is expected to continue       migas offshore dan onshore, serta               of downstream energy industries and
tetap tumbuh secara positif, didukung          growing positively, supported by              pengembangan industri hilir energi              chemical processing industries and their
oleh kuatnya konsumsi domestik,                strong domestic consumption, ongoing          dan industri pengolahan kimia beserta           derivatives, both at the national and
pembangunan infrastruktur dan                  infrastructure development and continued      turunannya, baik di tingkat nasional            regional levels, including the Asia Pacific
berlanjutnya kebijakan pemerintah dalam        government policies to strengthen             maupun regional, termasuk Asia Pasifik dan      and Oceania regions.
memperkuat ketahanan nasional.                 national resilience.                          Oseania.


Prospek tersebut ditopang oleh kinerja         These prospects are underpinned by            Arah kebijakan produksi batu bara untuk         The policy direction for coal production
ekonomi yang positif, di mana berdasarkan      positive economic performance, with           menjaga stabilitas ketahanan energi             to maintain national energy security is
data Badan Pusat Statistik, perekonomian       BPS-Statistics Indonesia reporting that       nasional diperkirakan dikelola secara           expected to be managed adaptively,
Indonesia tumbuh sebesar 5,11% pada            Indonesia’s economy grew by 5.11%             adaptif dengan mempertimbangkan                 taking into account the balance between
tahun 2025, meningkat dibandingkan             in 2025, a 5.03% increase compared            keseimbangan permintaan domestik dan            domestic and global demand, price
5,03% pada tahun sebelumnya. Capaian           to the previous year. This achievement        global, stabilitas harga, serta keberlanjutan   stability, as well as the sustainability of
ini mencerminkan ketahanan struktural          reflects the structural resilience of the     industrialisasi nasional. Kuatnya konsumsi      national industrialization. Strong domestic
ekonomi nasional di tengah dinamika            national economy amid global dynamics,        domestik tetap menjadi faktor kunci             consumption is expected to remain a key
global, sekaligus menjadi fondasi              while providing a strong foundation for       dalam menjaga tingkat produksi guna             factor in maintaining production levels
yang kuat bagi Perusahaan dalam                the Company in executing its sustainable      memastikan ketahanan energi sekaligus           to ensure energy security while reducing
menjalankan strategi pertumbuhan secara        growth strategy.                              mengurangi ketergantungan terhadap              reliance on imports. In the long term, coal
berkelanjutan.                                                                               impor. Dalam kerangka jangka panjang,           continues to account for the largest share
                                                                                             batu bara masih menempati porsi                 of the national energy mix and is projected
Mendukung Ketahanan Energi Nasional            Supporting National Energy Security           terbesar dalam bauran energi nasional           to remain an important component in
                                               The Indonesian government’s strategic         dan diproyeksikan tetap berperan penting        ensuring balanced and reliable energy
Kebijakan strategis pemerintah Indonesia
                                               policies to reduce reliance on energy         dalam menjamin keandalan pasokan                supply. Demand from key export destination
untuk mengurangi ketergantungan
                                               imports and maintain the stability of the     energi secara berimbang. Permintaan dari        countries in Asia is expected to remain a
terhadap impor energi dan menjaga
                                               national energy supply are key factors in     negara-negara tujuan ekspor utama di            key driver of national production levels,
stabilitas pasokan energi nasional menjadi
                                               strengthening energy security amid global     kawasan Asia diperkirakan tetap menjadi         supported by Indonesia’s strategic
faktor penting dalam memperkuat
                                               dynamics.                                     penopang tingkat produksi nasional,             position as one of the largest suppliers in
ketahanan energi di tengah dinamika
                                                                                             seiring dengan posisi strategis Indonesia       the global seaborne coal market, which
global.
                                                                                             sebagai salah satu pemasok terbesar             plays an important role in maintaining
                                               Efforts to optimize and increase              dalam global seaborne coal market,              the stability of energy supply. This role
Upaya optimalisasi dan peningkatan
                                               production from domestic oil & gas fields     yang berperan penting dalam menjaga             strengthens the competitiveness of
produksi lapangan migas nasional
                                               are expected to curb the decline in oil &     stabilitas pasokan energi. Peran tersebut       Indonesian coal in the international market,
diharapkan dapat menahan laju penurunan
                                               gas output, as well as enhance national       memperkuat daya saing batu bara                 while reaffirming its contribution to
produksi migas, serta meningkatkan
                                               energy independence. This policy is           Indonesia di pasar internasional, sekaligus     regional energy security.
kemandirian energi. Kebijakan tersebut
                                               aligned with Petrosea’s diversification       menegaskan kontribusinya terhadap
sejalan dengan langkah diversifikasi
                                               initiatives during 2025 through the           ketahanan energi di kawasan regional.
Petrosea sepanjang tahun 2025 melalui
penguatan kapabilitas multidisiplin            strengthening of its multidisciplinary
di bidang Engineering, Procurement,            Engineering, Procurement, Construction &
                                               Installation (EPCI) capabilities to support




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Dalam konteks tersebut, Petrosea               Against this backdrop, Petrosea will focus
memfokuskan strategi pada peningkatan          on its strategy to enhance productivity,       Sementara itu, Indonesia diperkirakan         Meanwhile, Indonesia is expected to
produktivitas, efisiensi biaya, serta          improve cost efficiency, and strengthen        mempertahankan peran strategisnya             maintain its strategic role as one of the
penguatan operational excellence               operational excellence in order to             sebagai salah satu produsen emas utama        leading gold producers in the Asia and
guna mendukung kebutuhan produksi              sustainably support client production          di kawasan Asia dan Oseania. Dengan           Oceania region. Given its characteristics
klien secara berkelanjutan dan selaras         requirements and align with national           karakteristiknya sebagai aset lindung         as a safe-haven asset, the medium to
dengan arah kebijakan nasional. Di sisi        policy directions. Meanwhile, natural gas      nilai, prospek jangka menengah dan            long-term outlook for gold is expected to
lain, gas bumi diposisikan sebagai energi      is positioned as a strategic transition        panjang dari emas tetap terjaga di tengah     remain resilient amid global uncertainty.
transisi yang strategis dalam mendukung        energy source to support industrial needs,     ketidakpastian global. Peluang ini semakin    This presents increasingly relevant
kebutuhan industri, ketenagalistrikan, serta   power generation, and national economic        relevan bagi penyedia jasa pertambangan       opportunities for integrated gold mining
pengembangan ekonomi nasional.                 development.                                   emas terintegrasi yang memiliki kapabilitas   service providers with EPC capabilities as
                                                                                              EPC serta pemahaman mendalam                  well as a deep understanding of geological
Prospek Sektor Energi & Mineral                Energy & Minerals Sector Outlook               terhadap aspek geologi dan dinamika           aspects and operational dynamics.
Di tengah ketidakpastian global dan            Amid global uncertainty and volatility of      operasional.
volatilitas pasar komoditas, termasuk          commodity market, including movements
pergerakan harga minyak mentah yang            in crude oil prices that require continuous    Petrosea dalam Perspektif Strategis           Petrosea in a Strategic Perspective
memerlukan mitigasi berkelanjutan,             mitigation, the energy and minerals            Dengan mempertimbangkan berbagai              Taking these factors into account,
sektor energi dan mineral tetap menjadi        sector remains the backbone of the             faktor tersebut, Petrosea menilai tahun       Petrosea views 2026 as a period that
tulang punggung perekonomian nasional.         national economy. Petrosea believes            2026 sebagai periode yang menuntut            requires optimism balanced with prudence
Petrosea meyakini bahwa perekonomian           that Indonesia’s economy will remain on        optimisme disertai kehati-hatian dan          and agility in executing its strategies with
Indonesia akan tetap berada pada jalur         a solid growth trajectory, with the energy     ketangkasan dalam mengeksekusi strategi       discipline. Leveraging its proven track
pertumbuhan yang solid, dengan sektor          and mineral & coal resources sector            secara disiplin. Berbekal rekam jejak dan     record and competitive advantages,
energi dan sumber daya mineral & batu          serving as a key foundation for the long-      keunggulan kompetitif yang dimiliki,          supported by the implementation of
bara sebagai fondasi penting dalam             term strategy in safeguarding national         didukung oleh penerapan operational           operational excellence, digitalization,
pencapaian strategi jangka panjang untuk       resilience.                                    excellence, digitalisasi, long-term cost      long-term cost optimization strategy,
menjaga ketahanan nasional.                                                                   optimization strategy, GCG sebagai            GCG as an enabler, risk management, as
                                                                                              enabler, manajemen risiko, serta sinergi      well as synergies with Petrindo group,
Pada komoditas nikel, Indonesia                In the nickel commodity, Indonesia is          dengan grup Petrindo, Perusahaan              the Company is confident in sustaining
diproyeksikan terus memperkuat                 projected to continue strengthening its        optimistis dapat menjaga keberlanjutan        its performance while creating long-term
posisinya dalam rantai pasok global            position in the global supply chain through    kinerja dan menciptakan nilai tambah          value for all stakeholders.
melalui pengembangan hilirisasi. Meskipun      downstream development. Despite short-         jangka panjang bagi seluruh pemangku
terdapat tantangan penyesuaian pasokan         term supply adjustment challenges, the         kepentingan.
dalam jangka pendek, prospek jangka            medium to long-term outlook will still be
menengah dan panjang tetap didukung            supported by the growth of the electric        Sejalan dengan perkembangan tersebut,         In line with these developments, Petrosea
oleh pertumbuhan industri kendaraan listrik    vehicle industry and increasing demand for     Petrosea berkomitmen untuk terus              is committed to continue supporting
serta kebutuhan material baterai. Hal ini      battery materials. This presents significant   mendukung program pemerintah dalam            government programs in promoting job
membuka peluang signifikan bagi Petrosea       opportunities for Petrosea as a mining         mendorong penciptaan lapangan kerja,          creation, reducing reliance on energy
sebagai penyedia jasa pertambangan yang        services provider with integrated technical    mengurangi ketergantungan impor energi,       imports, as well as strengthening the
memiliki kapabilitas teknis terintegrasi       capabilities and a consistent commitment       serta memperkuat ekosistem industri           industrial and downstream ecosystem
serta menerapkan praktik responsible           to responsible mining practices.               dan hilirisasi guna menopang ketahanan        in order to sustainably support energy
mining secara konsisten.                                                                      energi dan resiliensi nasional secara         security and national resilience.
                                                                                              berkelanjutan.




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Laporan Direksi
Board of Directors’ Report




Perubahan Komposisi Direksi                           Changes to The Board of Directors’
                                                      Composition
Pada tahun 2025, tidak ada perubahan                  in 2025, no changes were made to
pada komposisi anggota Direksi                        the composition of members of the
Perusahaan.                                           Company’s Board of Directors.

Apresiasi                                             Appreciation
Kami, seluruh jajaran Direksi dan                     We, the Board of Directors and
Manajemen, menyampaikan terima kasih                  Management, express our sincere
yang sebesar-besarnya kepada para                     gratitude to our shareholders, Board of
pemegang saham, Dewan Komisaris,                      Commissioners, customers, financial
pelanggan, lembaga keuangan,                          institutions, business partners, regulators,
mitra usaha, regulator dan pemangku                   and all stakeholders for their trust, support
kepentingan lainnya atas kepercayaan,                 and cooperation. Your continued support
dukungan dan kerja sama yang telah                    has enabled Petrosea to overcome
diberikan. Berkat hal tersebut, pada tahun            challenges, enhance its market position
ini Petrosea mampu melewati berbagai                  and capture new opportunities in order to
tantangan dan semakin memperkuat                      achieve sustainable growth going forward.
posisinya, sekaligus menangkap berbagai
peluang guna mencapai pertumbuhan
berkelanjutan di masa mendatang.

Kepada seluruh karyawan, kami juga                    We would also like to express our gratitude
menyampaikan apresiasi atas dedikasi dan              to all employees for their dedication and
kerja keras yang ditunjukkan sepanjang                hard work throughout 2025 in supporting
tahun 2025 dalam mendukung pencapaian                 the Company’s performance, therefore
kinerja Perusahaan, sehingga Petrosea                 ensuring we continue to generate added
dapat terus menciptakan nilai tambah bagi             value for all our stakeholders.
seluruh pemangku kepentingan.




                                        Jakarta, Maret 2026
                                        Jakarta, March 2026

                                        Atas Nama Direksi
                                 On Behalf of the Board of Directors




                                             Michael
                                         Presiden Direktur
                                         President Director




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Direksi
Board of Director




              Michael                          Kartika Hendrawan   Ruddy Santoso   Meinar Kusumastuti    Iman Darus Hikhman
          Presiden Direktur                         Direktur          Direktur          Direktur              Direktur
          President Director                        Director          Director          Director              Director




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                    SURAT PERNYATAAN TANGGUNG JAWAB                                                                  STATEMENT OF ACCOUNTABILITY OF
                 ANGGOTA DIREKSI & DEWAN KOMISARIS ATAS                                                      MEMBERS OF THE BOARD OF DIRECTORS & THE BOARD OF
                  LAPORAN TAHUNAN 2025 PT PETROSEA TBK                                                          COMMISSIONERS FOR THE 2025 ANNUAL REPORT
                                                                                                                            OF PT PETROSEA TBK


Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam Laporan                   We, the undersigned, state that all the information in PT Petrosea Tbk Annual Report 2025
Tahunan. PT Petrosea Tbk tahun 2025 telah dimuat secara lengkap dan bertanggung jawab                   is complete and are fully responsible for the content accuracy of the Company’s Annual
                 penuh atas kebenaran isi Laporan Tahunan Perusahaan.                                                                              Report.

                        Demikian pernyataan ini dibuat dengan sebenarnya.
                                                                                                                           Therefore, this statement letter is made truthfully.
                                           Jakarta, Maret 2026
                                                                                                                                          Jakarta, March 2026




                                                                                                                                                 Michael
                                              Osman Sitorus
                                                                                                                                             Presiden Direktur
                             Presiden Komisaris merangkap Komisaris Independen
                                                                                                                                             President Director
                       President Commissioner concurrently Independent Commissioner




       Erwin Ciputra             Djauhar Maulidi, S.E., M.B.A.           Prof. Ginandjar Kartasasmita             Kartika Hendrawan                                      Ruddy Santoso

         Komisaris                           Komisaris                            Komisaris                            Direktur                                              Direktur
       Commissioner                        Commissioner                         Commissioner                           Director                                              Director




      Jenderal Pol. (Purn.) Drs. Sutanto                  Dr. Setia Untung Arimuladi, S.H., M.Hum.                Meinar Kusumastuti                                   Iman Darus Hikhman
                  Komisaris                                         Komisaris Independen                               Direktur                                              Direktur
                Commissioner                                     Independent Commissioner                              Director                                              Director




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                                                                          03
      Profil Perusahaan                                                      Profil Perusahaan
      Company Profile                                                         Company Profile
PT Petrosea Tbk
                                                      PROFIL PERUSAHAAN
                                                        COMPANY PROFILE




                                                  “
           Petrosea memperkuat posisinya
           sebagai penyedia solusi terintegrasi
           dari hulu hingga hilir melalui lini
           bisnis Jasa Pertambangan, EPC,
           EPCI Migas Lepas Pantai, serta Jasa
           Logistik & Pendukung

           Petrosea strengthened its position
           as an integrated upstream to
           downstream solutions provider
           through its Mining Services, EPC,
           Offshore Oil & Gas EPCI and




“
           Logistics & Supporting Services
           business lines




Laporan Tahunan / Annual Report 2025                                              >>>>>
126     Laporan Tahunan / Annual Report 2025                              PT Petrosea Tbk   127
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      Profil Perusahaan                                                                                                                                               Profil Perusahaan
      Company Profile                                                                                                                                                  Company Profile




Sekilas Petrosea
                                                                                                                                                                            Sekilas Petrosea
                                                                                                                                                                            Petrosea In Brief


Petrosea in Brief

Sebagai perusahaan multidisiplin dengan        As a multidisciplinary company with a           Sebagai catatan penting dalam sejarahnya,    As a significant milestone in its history,
rekam jejak lebih dari lima dekade,            track record of more than five decades,         pada tahun 2019, Petrosea terpilih oleh      in 2019, Petrosea was selected by the
Petrosea terus mengukuhkan posisinya           Petrosea continues to strengthen its            World Economic Forum sebagai satu-           World Economic Forum as the only
sebagai penyedia solusi terpadu yang           position as an integrated solutions             satunya perusahaan tambang dan satu          mining company and the only Indonesian
mencakup seluruh mata rantai dari              provider covering the entire value chain        satunya perusahaan milik Indonesia           owned company to join the Global
hulu hingga hilir melalui lini bisnis Jasa     from upstream to downstream through             yang masuk ke dalam Global Lighthouse        Lighthouse Network due to the success in
Pertambangan, EPC, EPCI Migas Lepas            Mining Services, EPC, Offshore Oil & Gas        Network berkat kesuksesan dalam              implementing Industry 4.0 technologies to
Pantai dan Jasa Logistik & Pendukung           EPCI and Logistics & Support Services           mengimplementasikan teknologi                drive performance.
untuk mendukung sektor pertambangan            business lines to support the mineral & coal    Industri 4.0 untuk mendukung kinerja.
mineral & batu bara, minyak & gas bumi,        mining, oil & gas, as well as construction
serta konstruksi di seluruh Indonesia.         sectors across Indonesia.                       Selanjutnya, pada tahun 2023, Petrosea       Moreover, in 2023, Petrosea reached an
                                                                                               berhasil mencapai sebuah jejak langkah       important milestone with the completion
Seluruh target kinerja operasional dan         All of Petrosea’s operational and financial     penting, yaitu penuntasan transaksi          of the transaction to acquire 99.99%
keuangan Petrosea didukung oleh                performance targets are supported by            pembelian 99,99% saham                       shares of PT Kemilau Mulia Sakti (KMS),
budaya Keselamatan, Kesehatan Kerja            a strong Safety, Health & Environment           PT Kemilau Mulia Sakti (KMS), yang           the owner of 99.90% shares of PT Cristian
& Lingkungan (K3L) yang kuat melalui           (SHE) culture through the implementation        merupakan pemilik 99,90% saham               Eka Pratama (CEP), a coal mining company
penerapan target zero accident. Selain         of target zero accident. Furthermore,           PT Cristian Eka Pratama (CEP), perusahaan    with its operating area located in Barat
itu, Petrosea juga berkomitmen untuk           Petrosea is also committed to                   penambangan batu bara dengan area            Regency, East Kalimantan Province.
menerapkan operational excellence dan          implementing operational excellence and         operasional yang berlokasi di Kabupaten
continuous improvement dalam setiap            continuous improvement in every aspect          Kutai Barat, Provinsi Kalimantan Timur.
aspek operasionalnya.                          of its operations.
                                                                                               Pada tanggal 16 Februari 2024,               On 16 February 2024 PT Kreasi Jasa
Lebih dari itu, Petrosea menerapkan            Furthermore, Petrosea integrates risk           PT Kreasi Jasa Persada (KJP) menyelesaikan   Persada (KJP) completed the acquisition
pengelolaan risiko, kepatuhan                  management, compliance and Good                 pengambilalihan sebesar 342.925.700          of 342,925,700 shares or represents 34%
(compliance) dan Good Corporate                Corporate Governance (GCG) into its             saham atau setara dengan 34% dari            from the total issued and paid up capital in
Governance (GCG) secara terintegrasi           management system as a main foundation          seluruh saham yang ditempatkan dan           the Company owned by PT Caraka Reksa
dalam sistem manajemen Perusahaan              for achieving sustainable growth.               disetor penuh dalam Perusahaan, yang         Optima.
sebagai fondasi utama untuk mencapai                                                           sebelumnya dimiliki oleh PT Caraka Reksa
pertumbuhan berkelanjutan.                                                                     Optima.

Perusahaan juga memanfaatkan teknologi         The Company also leverages the latest           KJP merupakan entitas anak langsung yang     KJP is a direct subsidiary which is 99.98%
terkini melalui Minerva Digital Platform       technologies through its Minerva Digital        dimiliki dan dikendalikan sebesar 99,98%     owned and controlled by PT Petrindo
yang melayani berbagai proyek lintas           Platform which serves various cross-            oleh PT Petrindo Jaya Kreasi Tbk (CUAN).     Jaya Kreasi Tbk (CUAN). As a result of this
sektoral, menciptakan konektivitas dan         sector projects while providing innovative      Dengan selesainya transaksi tersebut,        completed transaction, KJP became
menyediakan solusi inovatif bagi seluruh       solutions for all clients. The utilization of   KJP menjadi pengendali baru Perusahaan,      the new controlling shareholder of the
klien. Pemanfaatan real-time data untuk        real-time data to monitor and control           dengan Bapak Prajogo Pangestu sebagai        Company, with Mr. Prajogo Pangestu as
memonitor dan mengendalikan kegiatan           project operational activities is carried out   pemilik manfaat akhir (ultimate beneficial   the ultimate beneficial owner.
operasional proyek dilakukan melalui           through the Remote Operations Center            owner).
Remote Operations Center (ROC) yang            (ROC) which has become one of the
telah menjadi salah satu keunggulan            competitive advantages for Petrosea.            Pada Juni 2024, KJP menyelesaikan            In June 2024, KJP completed the
kompetitif bagi Petrosea.                                                                      pelaksanaan penawaran tender wajib,          mandatory tender offer activity, however
                                                                                               namun tidak terdapat saham masyarakat        no number of shares were sold by the




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      Profil Perusahaan                                                                                                                                               Profil Perusahaan
      Company Profile                                                                                                                                                  Company Profile



Sekilas Petrosea                                                                                                                                                            Sekilas Petrosea
Petrosea In Brief                                                                                                                                                           Petrosea In Brief




yang dijual dalam pelaksanaan tender           public during the implementation of the         grup Hafar dan keseluruhan saham dari         share ownership of the HBS group, which
tersebut. Selanjutnya, pada bulan yang         mandatory tender. Meanwhile, during             grup HBS, dimana akuisisi ini merupakan       represents the implementation of its
sama, KJP menambah kepemilikan                 the same month, KJP increased its               implementasi diversifikasi usaha dan          business diversification strategy and the
saham sebanyak 75.836.700 saham atau           share ownership by 75,836,700 shares,           peningkatan kapabilitas terbaru.              enhancement of new capabilities.
setara dengan 7,50% dari seluruh saham         representing 7.50% of all shares owned
                                                                                               Sebagai catatan penting, pada tanggal         As an important milestone, on 2 May 2025,
yang sebelumnya dimiliki oleh CRO,             by CRO, therefore resulting in KJP’s
                                                                                               2 Mei 2025, Perusahaan melalui anak           the Company through its subsidiary
sehingga kepemilikan KJP meningkat             ownership reaching 41.52%. As of the end
                                                                                               perusahaannya, yaitu PT Petrosea              PT Petrosea Infrastruktur Nusantara
menjadi 41,52%. Hingga akhir tahun 2025,       of 2025, KJP ownership in the Company
                                                                                               Infrastruktur Nusantara melakukan             subscribed to 40% of new shares in
kepemilikan saham KJP di Perusahaan            was recorded at 45.33%.
                                                                                               penyetoran saham baru atas 40% saham          PT Maha Raja Mineral, a limited liability
tercatat sebesar 45,33%.
                                                                                               PT Maha Raja Mineral, suatu perusahaan        company engaged in the trading of
                                                                                               terbatas yang bergerak di bidang              coal, nickel and iron ore commodities in
Pada tahun ini, dengan fondasi yang kuat       This year, with a strong foundation of
                                                                                               perdagangan komoditas batu bara, nikel        Indonesia.
dalam pelaksanaan GCG secara konsisten,        consistent implementation of GCG,
                                                                                               dan bijih besi di Indonesia.
Petrosea sukses menjalankan strategi           Petrosea successfully executed its
diversifikasi usaha dan ekspansi bisnis        business diversification and expansion
                                                                                               Dilanjutkan dengan tanggal                    Subsequently, on 1 August 2025, the
guna untuk terus mengokohkan posisinya         strategies to further strengthen its position
                                                                                               1 Agustus 2025, dimana Perusahaan             Company signed a Conditional Share
sebagai perusahaan yang unggul dan             as a leading and resilient company within
                                                                                               menandatangani Perjanjian Jual Beli           Sale and Purchase Agreement to acquire
tangguh di industrinya serta penguatan         its industry, while enhancing resilience and
                                                                                               Bersyarat untuk melakukan pembelian           all shares of HBS (PNG) Limited and
ketahanan dan pencapaian pertumbuhan           achieving more sustainable growth.
                                                                                               seluruh saham HBS (PNG) Limited &             its subsidiaries with a total purchase
yang lebih berkelanjutan.
                                                                                               anak usahanya dengan nilai pembelian          value of AU$40 million (approximately
                                                                                               keseluruhan saham adalah AU$40 juta           US$25.76 million). On 30 October 2025,
Strategi pengembangan usaha secara             The Company’s organic business
                                                                                               (sekitar US$25,76 juta). Pada tanggal 30      the acquisition process of HBS group was
organik dilakukan Perusahaan melalui lini      development strategy was carried
                                                                                               Oktober 2025, proses akuisisi grup HBS        completed.
bisnis Jasa Pertambangan dan EPC. Melalui      out through its Mining Services and
                                                                                               telah selesai.
kedua lini bisnis tersebut, Petrosea telah     EPC business lines. Through these two
mencatat pertumbuhan aktivitas usaha           business segments, Petrosea recorded
                                                                                               Kemudian pada tanggal 15 Agustus 2025,        Then on 15 August 2025, the Company
dan berhasil meningkatkan backlog secara       continued growth in business activities
                                                                                               Perusahaan melalui anak perusahaan yang       through its wholly owned subsidiary
konsisten. Pencapaian ini turut mendorong      and consistently increased its backlog.
                                                                                               dimiliki sepenuhnya, yaitu PT Petrosea        PT Petrosea Engineering Procurement
perluasan basis klien yang menjadi fondasi     This achievement also supported the
                                                                                               Engineering Procurement Construction,         Construction, signed the Share Sale
yang kuat dalam memastikan pertumbuhan         expansion of the client base in both
                                                                                               menandatangani Akta Jual Beli Saham           and Purchase Deed and completed the
jangka panjang. Pengembangan usaha             sectors, forming a solid foundation
                                                                                               dan menyelesaikan pengambilan saham           acquisition of 51% shares in Hafar group,
secara organik semakin menjadikan              to ensure long-term growth. Organic
                                                                                               sebesar 51% grup Hafar, yaitu PT Hafar        namely PT Hafar Daya Konstruksi and
Petrosea sebagai mitra layanan usaha bagi      business development has further
                                                                                               Daya Konstruksi dan PT Hafar Daya             PT Hafar Daya Samudera.
seluruh klien, baik yang baru maupun yang      strengthened Petrosea’s position as a
                                                                                               Samudera.
telah ada.                                     trusted business service partner for both
                                               new and existing clients.
                                                                                               Terakhir pada tanggal 19 september 2025,      Finally, on 19 September 2025, the
Strategi pengembangan usaha secara             The Company carried out its inorganic           Perusahaan menandatangani perjanjian          Company signed a non-binding term
anorganik juga dilakukan oleh Perusahaan       growth strategy through the acquisition         non-binding term sheet sehubungan             sheet in relation to the planned acquisition
melalui akuisisi mayoritas saham dari          of majority shares in Hafar group and full      dengan rencana akuisisi mayoritas saham       of majority shares in Scan-Bilt Pte. Ltd.
                                                                                               Scan-Bilt Pte. Ltd. Melalui perusahaan ini,   Through this company, Petrosea will




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      Company Profile                                                                                                   Company Profile



                                                                                                                             Sekilas Petrosea
                                                                                                                             Petrosea In Brief




                                               Petrosea akan menyediakan layanan di          provide services in plant civil engineering
                                               bidang plant civil engineering construction   construction and maintenance for the
                                               dan maintenance work untuk industri           chemical processing and onshore oil &
                                               pengolahan kimia serta minyak & gas           gas industries, positioning Scan-Bilt as a
                                               onshore dan menjadikan Scan-Bilt sebagai      business hub for expanding operations
                                               business hub bagi ekspansi bisnis ke          into the Asia-Pacific market.
                                               wilayah pasar Asia Pasifik.

                                               Pada tanggal 24 November 2025,                On 24 November 2025, Petrosea, through
                                               Petrosea melalui anak usahanya,               its subsidiary, Petrosea Services Solutions
                                               Petrosea Services Solutions Ltd., telah       Ltd., completed the acquisition of 60%
                                               menyelesaikan proses pengambilalihan          the shares in Scan-Bilt Pte. Ltd.
                                               60% saham Scan-Bilt Pte. Ltd.

                                               Pengelolaan risiko, kepatuhan                 Integrated risk management, compliance
                                               (compliance) dan Good Corporate               and Good Corporate Governance
                                               Governance (GCG) secara terintegrasi          (GCG) are an integral part of Petrosea’s
                                               menjadi bagian yang tidak terpisahkan dari    management system. This approach
                                               sistem manajemen Petrosea. Pendekatan         ensures that every decision-making
                                               ini memastikan bahwa setiap pengambilan       process and operational activity of the
                                               keputusan dan pelaksanaan operasional         Company continues to be aligned with
                                               Perusahaan senantiasa sejalan dengan          the principles of good governance,
                                               prinsip tata kelola yang baik, transparansi   transparency and effective risk mitigation.
                                               dan mitigasi risiko yang efektif.

                                               Pencapaian terbaru di tahun 2025 atas         The most recent achievement in 2025
                                               pelaksanaan GCG telah menjadikan              related to GCG implementation has
                                               Petrosea sebagai bagian dari Top 50 Big       resulted in Petrosea placed among the
                                               Capitalization Public Listed Company          Top 50 Big Capitalization Public Listed
                                               oleh Indonesian Institute for Corporate       Companies by the Indonesian Institute for
                                               Directorship (IICD). Skor GCG Petrosea        Corporate Directorship (IICD). Petrosea’s
                                               masih berada di atas rata-rata emiten atau    GCG score remains above the average
                                               perusahaan publik (Tbk), yakni sebesar        score of public listed companies (Tbk),
                                               82,94 poin dalam kategori Big Cap (100        which reached 82.94 points in the Big Cap
                                               perusahaan dengan kapitalisasi pasar          category (the top 100 companies with
                                               terbesar di bursa).                           the largest market capitalization on the
                                                                                             exchange).




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      Company Profile                                                                                                                                                   Company Profile




Lini Bisnis
Business Lines




Jasa Pertambangan
Mining Services




Grup Petrosea menyediakan layanan jasa pertambangan terintegrasi yang                          Petrosea group delivers integrated mining services backed by extensive
didukung oleh pengalaman luas dan keahlian industri yang mendalam untuk                        experience and in-depth industry expertise to support the development of the
mendukung pengembangan sektor pertambangan batu bara, nikel dan emas.                          coal, nickel and gold mining sectors.




Dengan pengalaman lebih dari lima              With over five decades of experience,           Melalui HBS dan anak usahanya, Petrosea       Through HBS and its subsidiaries, Petrosea
dekade, Petrosea menawarkan solusi             Petrosea offers integrated mining               menyediakan layanan pertambangan dan          provides mining and construction services
pertambangan terintegrasi yang                 solutions tailored to the requirements          konstruksi serta solusi alat berat di Papua   as well as heavy equipment solutions in
disesuaikan dengan kebutuhan setiap            of each project, including the latest           Nugini.                                       Papua New Guinea.
proyek, termasuk penerapan teknologi           technologies through its Minerva Digital
                                                                                               HBS telah menjalin kemitraan strategis        HBS has built strong partnerships with key
terkini melalui Minerva Digital Platform       Platform designed to solve operational
                                                                                               dengan pelaku utama industri                  players in the mining industry, particularly
yang dirancang untuk mengatasi                 issues in order to provide the best possible
                                                                                               pertambangan, khususnya di sektor emas,       in the gold sector, and currently supports
tantangan operasional guna memberikan          services for all clients.
                                                                                               dan saat ini mendukung beberapa proyek        several major gold mining projects in
layanan terbaik bagi seluruh klien.
                                                                                               pertambangan emas utama di Papua              Papua New Guinea for clients including
                                                                                               Nugini untuk klien seperti Newmont,           Newmont, St Barbara and Harmony Gold.
Petrosea memiliki kapabilitas untuk            Petrosea has the capability to monitor          St Barbara, dan Harmony Gold.
mengawasi dan mengendalikan operasi            and control operations at multiple mining
di berbagai lokasi tambang dengan              sites by utilizing real-time data through its
memanfaatkan real-time data melalui            Remote Operations Center (ROC) located
Remote Operations Center (ROC) yang            at the Company’s headquarters.
berlokasi di kantor pusat Perusahaan.


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      Company Profile                                                                                                                                                Company Profile




Lini Bisnis
Business Lines




Rekayasa, Pengadaan & Konstruksi
Engineering, Procurement & Construction




Sebagai perusahaan multidisiplin terkemuka di Indonesia di bidang                             As a leading Indonesian multi-disciplinary mining, energy and infrastructure
pertambangan, energi dan infrastruktur, Petrosea telah membangun                              company, Petrosea has established a strong reputation in providing EPC
reputasi yang kuat dalam menyediakan layanan EPC dengan senantiasa                            services that consistently prioritize the aspects of safety and quality.
mengedepankan aspek keselamatan dan kualitas.




Dengan pengalaman puluhan tahun                  With decades of experience and               Melalui Scan-Bilt, Petrosea menyediakan       Through Scan-Bilt, Petrosea provides
dan kapabilitas terintegrasi, Petrosea           integrated capabilities, Petrosea provides   kapabilitas EPC multidisiplin onshore di      multidisciplinary EPC onshore capabilities
menyediakan solusi EPC end-to-end di             end-to-end EPC solutions across              industri pengolahan kimia.                    in the chemical processing industry.
sektor pertambangan, migas, petrokimia,          the mining, oil & gas, petrochemical,
transisi energi, serta infrastruktur kelautan.   energy transition, as well as marine         Scan-Bilt memiliki pengalaman luas dalam      Scan-Bilt has extensive experience
Dengan mengombinasikan keahlian                  infrastructure sectors. Combining            pelaksanaan proyek untuk mendukung            executing projects to support key players
teknis, manajemen proyek yang andal,             technical expertise, advanced project        para pelaku utama industri, seperti Shell     such as Shell Eastern Petroleum Pte Ltd. /
serta komitmen kuat terhadap operational         management, and a strong commitment          Eastern Petroleum Pte Ltd / Chiyoda           Chiyoda Singapore (Pte) Ltd., Stolthaven
excellence, Petrosea menawarkan                  to operational excellence, Petrosea offers   Singapore (Pte) Ltd., Stolthaven Singapore    Singapore / Chiyoda Singapore (Pte)
layanan komprehensif, mulai dari FEED            comprehensive services, from FEED and        / Chiyoda Singapore (Pte) Ltd., serta Aster   Ltd., as well as Aster Chemicals and
dan rekayasa detail hingga pengadaan,            detailed engineering to procurement,         Chemicals and Energy Pte. Ltd., khususnya     Energy Pte. Ltd., particularly in facility
konstruksi, instalasi commissioning,             construction, installation, commissioning    dalam pemeliharaan fasilitas di kawasan       maintenance within Singapore’s integrated
dan serah terima, guna memastikan                and handover, to ensure seamless project     terintegrasi petrokimia dan pengilangan       petrochemical and oil refinery. Scan-Bilt
pelaksanaan proyek yang lancar dengan            execution with strict adherence to           minyak Singapura. Scan-Bilt akan menjadi      willl become the Company's business hub
mematuhi jadwal, anggaran dan standar            schedule, budget and quality.                business hub bagi Perusahaan di kawasan       in the Asia Pacific and Oceania region.
kualitas.                                                                                     Asia Pasifik dan Oseania.

Petrosea telah mendukung berbagai klien          Petrosea has supported a wide range
blue chip, antara lain Freeport Indonesia,       of blue chip clients, such as Freeport
BP Berau Ltd, Vale Indonesia, Fluor Daniel       Indonesia, BP Berau Ltd, Vale Indonesia,
Indonesia, Masmindo Dwi Area dan Daya            Fluor Daniel Indonesia, Masmindo Dwi Area
Bumindo Karunia.                                 and Daya Bumindo Karunia.



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      Company Profile                                                                                                                                                  Company Profile




Lini Bisnis
Business Lines




EPCI Migas Lepas Pantai
Offshore Oil & Gas EPCI




Petrosea telah memperkuat diversifikasi bisnis di luar sektor batu bara dengan                   Petrosea has strengthened its business diversification beyond the coal sector
melakukan ekspansi ke sektor migas lepas pantai melalui grup Hafar, dengan                       by expanding into the offshore oil & gas sector through Hafar group, offering
menawarkan kapabilitas terintegrasi Engineering, Procurement, Construction                       integrated Engineering, Procurement, Construction & Installation (EPCI)
& Installation (EPCI).                                                                           capabilities.




Ekspansi ini didukung oleh adopsi                This expansion is supported by technology       termasuk untuk PT Pertamina Hulu Energi    PT Pertamina Hulu Energi (PHE),
teknologi serta optimalisasi keahlian            adoption and the optimization of                (PHE), PT Pertamina Hulu Energi Offshore   PT Pertamina Hulu Energi Offshore North
multidisiplin di sepanjang rantai nilai, mulai   multidisciplinary expertise across the          North West Java (PHE ONWJ), PT Saka        West Java (PHE ONWJ), PT Saka Energi
dari hulu hingga hilir, guna menangkap           entire value chain, from upstream to            Energi Indonesia (PGN Saka), Petroliam     Indonesia (PGN Saka), Petroliam Nasional
potensi pertumbuhan industri minyak &            downstream in order to capture the growth       Nasional Bhd (Petronas) dan PT Freeport    Bhd (Petronas) and PT Freeport Indonesia.
gas, serta mendukung pengembangan                potential of the oil & gas industry, as         Indonesia.
hilirisasi sumber daya mineral dan energi        well as support the national downstream
nasional.                                        development of mineral and energy               Rekam jejak pencapaian tersebut            This track record of achievement reflects
                                                 resources.                                      mencerminkan reputasi Hafar dalam          the reputation of Hafar in delivering high-
                                                                                                 menyediakan solusi lepas pantai            quality offshore solutions to meet the
Didirikan pada tahun 2007, grup Hafar            Established in 2007, Hafar group has            berkualitas tinggi guna memenuhi           requirements of all its clients.
telah mengerjakan berbagai proyek untuk          undertaken various projects to support          kebutuhan seluruh klien.
mendukung industri migas Indonesia,              Indonesia’s oil & gas industry, including for




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      Profil Perusahaan                                                                                                                                                     Profil Perusahaan
      Company Profile                                                                                                                                                        Company Profile




Lini Bisnis
Business Lines




Layanan Logistik & Pendukung
Logistics & Support Services




Sebagai perusahaan multidisiplin terkemuka di Indonesia yang bergerak di                          As a leading Indonesian multi-disciplinary mining, energy and infrastructure
bidang pertambangan, energi, dan infrastruktur, Petrosea telah membangun                          company, Petrosea has established a strong reputation in providing EPC
reputasi yang kuat dalam penyediaan layanan Rekayasa, Pengadaan, dan                              services that consistently prioritize the aspects of safety and quality.
Konstruksi (EPC) dengan senantiasa mengedepankan aspek keselamatan
dan kualitas.




Petrosea menyediakan layanan berstandar          Petrosea provides international standard and     Pelayanan supply base management kami          Our Supply Base Management services
internasional dan cost-effective bagi industri   cost-effective services for the Indonesian oil   meliputi operasional dermaga, manajemen        include quayside operations, transport
minyak dan gas Indonesia melalui Petrosea        & gas industry through its Petrosea Offshore     transportasi dan pelabuhan serta pelayanan     management and port management
Offshore Supply Base (POSB) yang berlokasi       Supply Base (POSB) located in Sorong,            lainnya seperti penanganan suku cadang,        amongst other complementary services
di Sorong, Papua Barat Daya.                     Southwest Papua.                                 agen kapal, manajemen limbah, bulk             that include critical spares handling and
                                                                                                  management, pelacakan barang, serta            materials management, ships agency,
POSB Sorong menyediakan layanan                  POSB Sorong delivers high-quality supply         layanan teknologi.                             waste management, bulk management and
pengelolaan supply base berkualitas              base management services with a strong                                                          materials tracking as well as technology
tinggi dengan komitmen kuat terhadap             commitment to Safety, Health & Environment                                                      services.
Keselamatan, Kesehatan Kerja & Lingkungan        (SHE), ensuring safe and efficient operations
(K3L), guna memastikan operasi yang aman         that support offshore oil & gas production,      POSB Sorong telah menyediakan layanan          POSB Sorong has provided services to
dan efisien dalam mendukung kegiatan             development and exploration in Indonesia.        kepada berbagai klien blue chip, antara lain   various blue chip clients, such as ExxonMobil,
produksi, pengembangan dan eksplorasi                                                             ExxonMobil, Total Indonesie, Eni Bukat Ltd,    Total Indonesie, Eni Bukat Ltd, Chevron
minyak dan gas lepas pantai di Indonesia.                                                         Chevron Indonesia, Halliburton dan             Indonesia, Halliburton and BP Berau Ltd.
                                                                                                  BP Berau Ltd.




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      Laporan  Manajemen
      Profil Perusahaan                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                                                 Profil Perusahaan
      Management    Reports
      Company Profile                                                                                                                                                                      Management   Reports
                                                                                                                                                                                                  Company    Profile




Identitas Perusahaan
Company Identity




      Nama Perusahaan
                                    PT Petrosea Tbk
                                                                                                                         NIB                                   9120400242789
      Company Name
                                                                                                                         Business License Number




      Alamat Surat Elektronik       •    info@petrosea.com
      Email Address                 •    corporate.secretary@petrosea.com
                                                                                                                    Dasar Hukum Pendirian Usaha                Akta No. 75 tanggal 21 Februari 1972, dibuat di hadapan
                                    •    corporate.communications@petrosea.com                                      Legal Basis of Business Establishment      Djojo Muljadi, S.H., Notaris di Jakarta. Akta tersebut telah
                                    •    investor.relations@petrosea.com
                                                                                                                                                               memperoleh pengesahan Menteri Kehakiman Republik
                                                                                                                                                               Indonesia dengan surat keputusan No. Y.A.5/51/17 tanggal
                                                                                                                                                               30 November 1972 dan didaftarkan dalam buku register yang
                                                                                                                                                               berada di Kantor Pengadilan Negeri Jakarta Pusat No. 3236
                                                                                                                                                               tanggal 7 Desember 1972 dan telah diumumkan dalam Berita
      Perubahan Nama                21 Februari 1972                                                                                                           Negara No. 12, tanggal 9 Februari 1973 dan Tambahan Berita
      Change of Names                                                                                                                                          Negara No. 96
                                    PT Petro-Sea International Indonesia                                                                                       Deed No. 75 on 21 February 1972, made before Djojo Muljadi,
                                    15 Maret 1990                                                                                                              S.H., Notary in Jakarta. The Deed was approved by the Minister
                                    PT Petrosea                                                                                                                of Justice of the Republic of Indonesia with Decree No.
                                                                                                                                                               Y.A.5/51/17 dated 30 November 1972 and registered in the
                                    26 Januari 1998
                                                                                                                                                               register book at the Central Jakarta District Court Office No.
                                    PT Petrosea Tbk                                                                                                            3236 dated 7 December 1972 and published in State Gazette
                                                                                                                                                               No. 12, 9 February 1973 and Supplement to State Gazette No. 96
                                    Nama sekarang sesuai dengan Akta Pernyataan Keputusan Rapat No. 60
                                    tanggal 26 Januari 1998 yang dibuat di hadapan Ny. Poerbaningsih Adi Warsito,
                                    S.H., Notaris di Jakarta
                                    The current name complies with Deed No. 60 dated 26 January 1998, made in the   Alamat Kantor Perwakilan Balikpapan
                                    presence of Mrs. Poerbaningsih Adi Warsito, S.H., Notary in Jakarta                                                        Petrosea Support Facilities
                                                                                                                    Balikpapan Representative Office Address
                                                                                                                                                               Jl. KM 5,5 RT 14, Kelurahan Kariangau,
                                                                                                                                                               Kecamatan Balikpapan Barat,
                                                                                                                                                               Balikpapan 76134
                                                                                                                                                               Tel. +62 542 762 299 | Fax. +62 542 760 660
      Alamat Kantor                 Wisma Barito Pacific
      Office Address                Jl. Let. Jend. S. Parman Kav. 62-63
                                    Kelurahan Slipi, Kecamatan Palmerah
                                    Jakarta Barat, Jakarta 11410
                                    Tel. +62 21 2977 0999 |                                                         Modal Ditempatkan & Disetor Penuh          Rp50.430.250.000 terbagi atas
                                    Fax. +62 21 2977 0988                                                           Issued Capital & Paid in Full
                                                                                                                                                               10.086.050.000 saham
                                                                                                                                                               Rp50,430,250,000 divided into
                                                                                                                                                               10,086,050,000 shares

      Modal Dasar                   Rp201.721.000.000 terbagi atas
      Authorized Capital            40.344.200.000 saham
                                    Rp201,721,000,000 divided into
                                    40,344,200,000 shares
                                                                                                                    Izin Usaha                                 Keputusan Menteri Investasi/Kepala BKPM No. 37/1/IUJP/
                                                                                                                    Business License                           PMDN/2023 tentang Persetujuan Pemberian Izin Usaha Jasa
                                                                                                                                                               pertambangan kepada PT Petrosea Tbk
                                                                                                                                                               Decree of the Minister of Investment/Investment Coordinating
                                                                                                                                                               Board Head 37/1/IUJP/PMDN/2023 concerning Approval of
         NPWP                       01.001.703 6-091.000                                                                                                       Granting for Extension of Mining Business Permit to PT Petrosea
         Tax Number
                                                                                                                                                               Tbk




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      Company Profile                                                                                                                                                                                                                         Company Profile




Riwayat Singkat
                                                                                                                                                                                                                                                      Riwayat Singkat
                                                                                                                                                                                                                                                          Brief History


Brief History




1972                                 1984                           1990                                        1998                            2009                                                           2012
                                                                                                                Perusahaan                                                                                     Untuk mematuhi peraturan Otoritas Jasa
                                                                                                                berganti nama                                                                                  Keuangan (“OJK”), PT Indika Energy Tbk menjual
                                                                    Saham Perusahaan dicatatkan di              menjadi                                                                                        saham Perusahaan sebesar 28,75% kepada
Perusahaan didirikan di              Perusahaan                     Bursa Efek Jakarta dan Surabaya             PT Petrosea Tbk                                                                                masyarakat pada bulan Februari. Pada akhir
                                                                                                                                                Perusahaan diakuisisi oleh PT Indika
Jakarta, Indonesia, dengan           diakuisisi oleh                (kini Bursa Efek Indonesia) dengan          The Company                                                                                    tahun ini, kepemilikan saham PT Indika Energy di
                                                                                                                                                Energy Tbk dan pada akhir tahun
nama PT Petro-Sea                    Clough                         kode perdagangan PTRO                       changed its name                                                                               Perusahaan adalah sebesar 69,80%
                                                                                                                                                ini saham PT Indika Energy Tbk di
International Indonesia              Limited Acquired               Listed on the Jakarta and Surabaya          to PT Petrosea Tbk              Perusahaan mencapai 98,55%                                     In compliance with Otoritas Jasa Keuangan
Incorporated in Jakarta,             by Clough Limited              Stock Exchanges (now the                                                    The Company was acquired by                                    regulation, PT Indika Energy Tbk re-floated
Indonesia, as PT Petro-Sea                                          Indonesia Stock Exchange) with                                              PT Indika Energy Tbk and by the end                            28.75% of the Company’s shares to the public in
International Indonesia                                             the trade symbol of PTRO                                                    of the year PT Indika Energy Tbk                               February. By the end of the year, PT Indika Energy
                                                                                                                                                owned 98.55% of the Company’s                                  Tbk held 69.80% share ownership in the Company
                                                                                                                                                shares




  2019                                                      2018                                                                     2017                                              2016                                             2015
  Petrosea menjadi satu-satunya perusahaan                  •    Perusahaan menandatangani Perjanjian Pemindahan                     Perusahaan meresmikan                             Perusahaan diresmikan oleh
  tambang dan satu-satunya perusahaan                            Hak Atas Saham PT Kuala Pelabuhan Indonesia sebanyak                Petrosea Offshore Supply Base                     Pemerintah Republik Indonesia
  nasional Indonesia yang terpilih oleh World                    380.000 saham dari PT Indika Logistic & Support Services            (POSB) Sorong, Papua Barat                        sebagai Pusat Logistik Berikat
  Economic Forum untuk masuk ke dalam Global                •    Perusahaan melepaskan kepemilikan saham di PT Santan                dalam rangka memberikan                           (PLB) di Tanjung Batu, Balikpapan,
  Lighthouse Network berkat kesuksesan                           Batu bara sebanyak 99.999 saham kepada PT Harum Energy              dukungan dan layanan kepada                       Kalimantan Timur untuk melayani                  Perusahaan mengakuisisi
  Perusahaan dalam implementasi teknologi                        Tbk dan 1 lembar saham kepada PT Sentral Batu bara Jawa             sektor minyak dan gas bumi di                     sektor minyak & gas bumi                         51,25% saham PT Mahaka
  industri 4.0 untuk memacu kinerja finansial dan           •    Perusahaan melepaskan seluruh kepemilikan saham di                  wilayah timur Indonesia                           The Company was officially                       Industri Perdana melalui salah
  operasional di proyek pertambangan                             PT Kariangau Gapura Terminal Energi kepada PT Interport             The Company inaugurated the                       appointed by the Government of                   satu anak perusahaannya,
  Petrosea became the only mining company and                    Mandiri Utama                                                       Sorong Petrosea Offshore Supply                   Indonesia as a Bonded Logistics                  PT POSB Infrastructure
  the only Indonesian national company selected             •    The Company signed a Transfer of Rights to Shares                   Base (POSB) to provide support                    Center (PLB) in Tanjung Batu,                    Indonesia
  by the World Economic Forum to become a                        Agreement of PT Kuala Pelabuhan Indonesia in the amount of          and services for the oil and gas                  Balikpapan, East Kalimantan,                     The Company acquired
  part of the Global Lighthouse Network due to                   380,000 shares from PT Indika Logistic & Support Services           sector in the eastern region of                   to serve the oil & gas sector                    51.25% of PT Mahaka Industri
  its successful implementation of Industry 4.0             •    The Company released the ownership of 99,999 shares of              Indonesia                                                                                          Perdana’s shares through one
  technology to drive financial and operational                  PT Santan Batu bara to PT Harum Energy Tbk and 1 share to                                                                                                              of its subsidiaries, PT POSB
  performance at its mining project                              PT Sentral Batu bara Jawa                                                                                                                                              Infrastructure Indonesia
                                                            •    The Company released its entire shares ownership in
                                                                 PT Kariangau Gapura Terminal Energi to PT Interport Mandiri
                                                                 Utama




                         2020                                                                                                                                                                2022
                         •    Petrosea melepaskan seluruh kepemilikan saham di PT POSB Reksabumi Indonesia dan                                                                               Perusahaan diakuisisi oleh PT Caraka Reksa Optima. Untuk
                              PT Pusat Sarana Baruna kepada PT Interport Mandiri Utama dan PT Indika Multi Niaga                                                                             memenuhi kewajiban peraturan perundangan di bidang pasar
                         •    Petrosea melakukan pembelian kembali saham (share buyback) dengan jumlah                                                                                       modal, PT Caraka Reksa Optima melakukan penawaran tender
                              sebanyak-banyaknya US$2.000.000 atau Rp30.000.000.000 merujuk kepada SEOJK                                                                                     wajib yang berakhir pada tanggal 23 September 2022. Terhitung
                              No.3/SEOJK.04/2020 tanggal 9 Maret 2020 tentang Kondisi Lain sebagai Kondisi Pasar                                                                             sejak tanggal 3 Oktober 2022, jumlah kepemilikan saham PT Caraka
                              yang Berfluktuatif secara Signifikan dalam Pelaksanaan Pembelian Kembali Saham yang                                                                            Reksa Optima pada Perusahaan menjadi sebesar 89,80% dan
                              Dikeluarkan oleh Emiten atau Perusahaan Publik                                                                                                                 publik sebesar 10,20%
                                                                                                                                                                                             The Company was acquired by PT Caraka Reksa Optima. To comply
                         •    Petrosea released all share ownership in PT POSB Reksabumi Indonesia and PT Pusat
                                                                                                                                                                                             with relevant laws in the capital market sector, PT Caraka Reksa
                              Sarana Baruna to PT Interport Mandiri Utama and PT Indika Multi Niaga
                                                                                                                                                                                             Optima conducted a mandatory tender offer which ended on
                         •    Petrosea conducted a share buyback of up to US$2,000,000 or Rp30,000,000,000
                                                                                                                                                                                             23 September 2022. As of 3 October 2022, the total share
                              referring to SEOJK No.3/SEOJK.04/2020 dated 9 March 2020 regarding Other
                                                                                                                                                                                             ownership of PT Caraka Reksa Optima in the Company is 89.80%
                              Conditions as Market Conditions that Fluctuate Significantly in the Implementation of
                                                                                                                                                                                             and the public is 10.20%
                              Shares Buyback Issued by Issuers or Public Companies




144     Laporan Tahunan / Annual Report 2025                                                                                                                                                                                           PT Petrosea Tbk              145
Page 74
      Profil Perusahaan                                                                                                                                                                                                          Profil Perusahaan
      Company Profile                                                                                                                                                                                                             Company Profile



Riwayat Singkat                                                                                                                                                                                                                         Riwayat Singkat
Brief History                                                                                                                                                                                                                               Brief History




                                                                                                                                    2024
           2023
                                                                                                                                    •    Perusahaan diakuisisi oleh PT Kreasi Jasa Persada (KJP)
           •     PT Kreasi Jasa Persada (KJP) yang dimiliki sebesar 99,98% oleh PT Petrindo Jaya Kreasi Tbk                         •    Perusahaan melakukan pengalihan kembali saham hasil buyback shares sesuai
                 pada tanggal 7 November 2023 mengumumkan negosiasi sehubungan dengan rencana                                            POJK No. 29 tahun 2023 tentang Pembelian Kembali Saham yang Dikeluarkan oleh
                 pengambilalihan Perusahaan. Jumlah saham yang rencananya akan diambil alih oleh KJP dari                                Perusahaan Terbuka sejumlah 16.940.500 saham
                 PT Caraka Reksa Optima adalah sebanyak 342.925.700 lembar saham atau mewakili 34,00%                               •    Perusahaan mencatatkan Obligasi Berkelanjutan I Tahap I Tahun 2024 dan Sukuk
                 dari keseluruhan modal ditempatkan dan disetor Perusahaan                                                               Ijarah Berkelanjutan I Tahap I Tahun 2024 di Bursa Efek Indonesia
           •     Petrosea dan anak usahanya, PT Karya Bhumi Lestari mengakuisisi PT Kemilau Mulia Sakti yang                        •    RUPS Luar Biasa menyetujui dilakukannya pemecahan saham (stock split) dengan
                 merupakan pemilik 99,00 % saham dari PT Cristian Eka Pratama yang bergerak di bidang operasi                            rasio 1:10, di mana nilai nominal saham yang semula sebesar Rp50 per saham akan
                 penambangan batu bara dan merupakan pemegang Izin Usaha Pertambangan - Operasi Produksi                                 menjadi Rp5 per saham
                 (IUP-OP)
                                                                                                                                    •    The Company was acquired by PT Kreasi Jasa Persada (KJP)
           •     PT Kreasi Jasa Persada (KJP) which is 99. 98% owned by PT Petrindo Jaya Kreasi Tbk on 7 November                   •    The Company refloated its buyback shares in accordance with POJK No. 29 of 2023
                 2023 announced negotiations regarding its plan to take over the Company. The number of                                  concerning the Buyback of Shares Issued by Public Companies totaling 16,940,500
                 shares that KJP planned to take over from PT Caraka Reksa Optima was 342,925,700 shares or                              shares
                 representing 34.00% from the total issued and paid-up capital of the Company                                       •    The Company listed Shelf-Registered Bonds I Phase I 2024 and Shelf-Registered
           •     Petrosea together with its subsidiary, PT Karya Bhumi Lestari acquired PT Kemilau Mulia Sakti                           Sukuk Ijarah I Phase I 2024 on the Indonesia Stock Exchange
                 which is the owner of 99.00% shares of PT Cristian Eka Pratama which is engaged in coal mining                     •    The Extraordinary GMS approved the Company’s stock split with a ratio of 1:10, in
                 operations and is a holder of the Mining Business Permit - Production Operation (IUP-OP)                                which the nominal value of shares originally Rp50 per share will become Rp5 per share




       2025
       •        Perusahaan mencatatkan
                Obligasi Berkelanjutan I
                Tahap II Tahun 2025 dan
                Sukuk Ijarah Berkelanjutan I
                Tahap II Tahun 2025 di Bursa
                Efek Indonesia
       •        Perusahaan melalui anak                                                                                                                                                      Perusahaan bersama anak perusahaan yang
                                                       Perusahaan                                Perusahaan melalui anak
                perusahaannya, yaitu                                                                                              Perusahaan menandatangani                                  dimiliki sepenuhnya, Petrosea Solutions Pakistan
                                                       menandatangani Perjanjian                 perusahaan yang dimiliki
                PT Petrosea Infrastruktur                                                                                         non-binding term sheet untuk                               (Private) Limited menandatangani Limited Notice
                                                       Jual Beli Bersyarat dan                   sepenuhnya, yaitu PT Petrosea
                Nusantara melakukan                                                                                               pembelian mayoritas saham dan telah                        to Proceed dengan Reko Diq Mining Company
                                                       menyelesaikan proses                      Engineering Procurement
                penyetoran saham baru                                                                                             menyelesaikan pembelian 60% saham                          (Private) Limited, perusahaan pertambangan di
                                                       akuisisi pembelian seluruh                Construction, menandatangani
                atas 40% saham PT Maha                                                                                            Scan-Bilt Pte. Ltd.                                        Pakistan sebagai wujud implementasi ekspansi
                                                       saham HBS (PNG) Limited                   Akta Jual Beli Saham dan
                Raja Mineral                                                                                                                                                                 bisnis ke wilayah pasar Asia Pasifik
                                                       & anak usahanya                           menyelesaikan pengambilan        The Company signed a non-binding
       •        The Company listed                                                               saham sebesar 51% grup Hafar     term sheet for the proposed acquisition                    The Company together with its wholly owned
                                                       The Company signed
                Shelf-Registered Bonds                                                                                                                                                       subsidiary Petrosea Solutions Pakistan (Private)
                                                       a Conditional Sale and                    Through its wholly owned         of a majority shareholding and has
                I Phase II 2025 and Shelf-                                                                                                                                                   Limited, signed a Limited Notice to Proceed with
                                                       Purchase Agreement and                    subsidiary, PT Petrosea          completed the purchase of 60% shares
                Registered Sukuk Ijarah                                                                                                                                                      Reko Diq Mining Company (Private) Limited, a
                                                       completed the acquisition                 Engineering Procurement          in Scan-Bilt Pte. Ltd.
                I Phase II 2025 on the                                                                                                                                                       mining company in Pakistan as part of the
                                                       of all shares of HBS (PNG)                Construction, the Company
                Indonesia Stock Exchange
                                                       Limited and its subsidiary                signed a Share Purchase Deed
       •        The Company through its
                                                                                                 and completed the acquisition
                subsidiary, PT Petrosea
                                                                                                 of a 51% ownership interest in
                Infrastruktur Nusantara
                                                                                                 Hafar group
                subscribed to 40% of new
                shares in PT Maha Raja
                Mineral




146     Laporan Tahunan / Annual Report 2025                                                                                                                                                                               PT Petrosea Tbk         147
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      Laporan  Manajemen
      Profil Perusahaan                                                                                                                                                           Laporan Manajemen
                                                                                                                                                                                       Profil Perusahaan
      Management    Reports
      Company Profile                                                                                                                                                            Management   Reports
                                                                                                                                                                                        Company    Profile




Visi, Misi & Nilai-Nilai Inti
                                                                                                                                                                                          Visi, Misi & Nilai-Nilai Inti
                                                                                                                                                                                      Vision, Mission & Core Values


Vision, Mission & Core Values


Visi Misi / Vision Mission                                                                              Nilai-Nilai Inti / Core Values




                       Visi                                               Misi                            AGILE              Kami beradaptasi terhadap segala perubahan
                      Vision                                             Mission                                             We adapt to change
                                                                                                                             Kemampuan untuk beradaptasi dengan berbagai perubahan situasi, individu,
                                                                                                                             kelompok kerja, serta pendekatan yang terjadi di dalam organisasi atau
                                                                                                                             lingkup pekerjaan. / Ability to adapt to various situations, individuals, teams
                                                                                                                             and approaches in the organization or work context.

                                                                                                                             Perilaku Umum / General Behavior
                                                                                                                             •   Terbuka dan beradaptasi dengan pendekatan dan situasi baru
                                                                                                                                 Open and adapt to new approaches and situations
                                                                                                                             •   Menunjukkan respons positif terhadap setiap perubahan dan tantangan
                                                                                                                                 Show a positive response to changes and/or obstacles
                                                                                                                             •   Mampu bekerja di dalam lingkungan yang beragam dan dinamis
                  Menjadi salah                                  Menyediakan solusi yang
                                                                                                                                 Able to work in diverse and dynamic environments
                 satu Perusahaan                                          inovatif
                 terkemuka yang                                  di sektor pertambangan,
               menyediakan jasa di                                     minyak & gas
              sektor pertambangan,                               serta infrastruktur untuk
                minyak & gas serta                              menciptakan kepuasan bagi
               infrastruktur di Asia                                  seluruh klien dan
                    Tenggara.                                    pemangku kepentingan.
             To be a leading service                                To deliver innovative
             provider in mining, oil &                            solutions for mining, oil &
                                                                                                        CONNECTED            Kami mengikuti perkembangan industri, teknologi dan manusia
             gas and infrastructure in                          gas and infrastructure to the
                 South East Asia                                satisfaction of all clients and                              We stay updated to the industry, technology and people
                                                                        stakeholders                                         Kemampuan untuk berkolaborasi dengan pihak internal dan eksternal
                                                                                                                             termasuk di dalamnya mengumpulkan dan berbagi informasi terbaru
                                                                                                                             mengenai industri, teknologi dan pelakunya. / Ability to collaborate with
                                                                                                                             internal and external parties and share and collect information to stay abreast
                                                                                                                             of updates and changes of industry, technology and people.
       Visi dan misi menggambarkan maksud serta tujuan Perusahaan dalam menciptakan nilai secara
       berkelanjutan bagi para pemegang saham dan pemangku kepentingan lainnya.                                              Perilaku Umum / General Behavior
       Visi dan misi Perusahaan ditetapkan pada tahun 2015 setelah memperoleh persetujuan dari                               •   Mampu membangun dan menjaga hubungan baik dengan berbagai pihak
       Dewan Komisaris. Hingga saat ini, visi dan misi tersebut dinilai masih relevan dengan strategi                            yang berperan di dalam industri
       jangka panjang Perusahaan dan secara berkala ditinjau untuk memastikan kesesuaiannya dengan                               Ability to build and maintain relationships with stakeholders and the
       arah dan tujuan strategis Perusahaan.                                                                                     industry
                                                                                                                             •   Menunjukkan rasa ingin tahu dan aktif mencari informasi terkini didalam
       The vision and mission reflect the Company’s purpose and objectives in creating sustainable                               industri untuk menunjang kinerja Perusahaan
       value for its shareholders and other stakeholders.                                                                        Demonstrate curiosity and seek updated information related to the
       The Company’s vision and mission were established in 2015 following approval from the Board                               industry, technology and people to support the Company’s performance
       of Commissioners. To this date, they are considered still relevant to the Company’s long-term
                                                                                                                             •   Mencari masukan/umpan balik untuk meningkatkan kinerja
       strategy and are periodically reviewed to ensure alignment with the Company’s strategic
                                                                                                                                 Seek and request feedback in order to maximize performance
       direction and objectives.




148     Laporan Tahunan / Annual Report 2025                                                                                                                                         PT Petrosea Tbk             149
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      Laporan
      Profil   Manajemen
             Perusahaan                                                                                                                                                                          Laporan
                                                                                                                                                                                                      Profil
                                                                                                                                                                                                         Manajemen
                                                                                                                                                                                                             Perusahaan
      Management
      Company       Reports
                 Profile                                                                                                                                                                        Management
                                                                                                                                                                                                       Company
                                                                                                                                                                                                             Reports
                                                                                                                                                                                                                  Profile




Nilai-Nilai Inti / Core Values                                                                                                                                                                           Visi, Misi & Nilai-Nilai Inti
                                                                                                                                                                                                     Vision, Mission & Core Values




 TRUSTED                                                                                                           OPEN                 Kami mendengarkan dan menerima ide-ide baru
                          Kami memberikan nilai tambah bagi pemangku kepentingan dengan
                                                                                                                  MINDED                We listen to and explore new ideas
                          menunjukkan komitmen yang tinggi terhadap etika dan perilaku bisnis
                          We deliver value to our stakeholders whilst demonstrating our                                                 Kemauan untuk menerima informasi baru, serta bertukar ide dengan segala pihak
                          commitment towards the highest ethics and business conduct                                                    (internal dan eksternal) dan terus mengembangkan diri dan perspektif guna
                                                                                                                                        pencapaian target Perusahaan. / Ability to receive and respond to new information,
                          Kemampuan untuk berperilaku jujur sesuai dengan peraturan dan Kode Etik                                       as well as discussing ideas with internal and external parties in order to continuously
                          Perusahaan secara konsisten untuk menjaga reputasi Perusahaan dan kepuasan                                    develop ourselves and perspectives to support the achivement of Company
                          pelanggan. / Ability to act and perform in an honest and trustworthy manner that is                           targets.
                          consistent with the Company’s policies and code of conduct in order to maintain the
                          Company’s reputation and client satisfaction.                                                                 Perilaku Umum / General Behavior
                                                                                                                                        •   Secara aktif mencari dan mendengarkan berbagai pendekatan dan masukan
                          Perilaku Umum / General Behavior                                                                                  Actively seek and respect new or different approaches and feedback
                          •   Memahami tanggung jawab pekerjaan sesuai dengan etika perusahaan dan bisnis                               •   Mampu memberikan masukan yang membangun kepada orang lain
                              untuk memberikan nilai tambah terhadap seluruh pihak yang berkepentingan                                      Able to share constructive feedback with others
                              Understand the responsibilities of each role according to the Company’s                                   •   Menjunjung keberagaman
                              business ethics and code of conduct in order to create value for stakeholders                                 Embrace diversity
                          •   Mampu berkomunikasi secara transparan dan secara konsisten menunjukkan
                              komitmen dalam bekerja
                              Consistently communicate transparently and always fulfill agreed commitments




                                                                                                                NURTURING               Kami peduli terhadap keselamatan, kesehatan, lingkungan,
                                                                                                                                        dan masyarakat
INNOVATIVE                Kami terus memperbaiki diri tanpa Batasan                                                                     We care for our safety, health, environment and community
                          We improve ourselves with no limitations                                                                      Kemampuan untuk memelihara dan menerapkan segala peraturan keselamatan,
                                                                                                                                        kesehatan & menjaga lingkungan secara konsisten, serta membangun komunitas
                          Kemampuan untuk berpikir diluar kebiasaan dan berani mengambil resiko yang
                                                                                                                                        sekitar untuk tumbuh bersama dan mendorong kemajuan Perusahaan. /
                          terukur dalam mencoba berbagai pendekatan. Hal ini termasuk melakukan
                                                                                                                                        Ability to constantly apply and nurture safety, health & environment initiatives, as
                          eksplorasi dalam membangun solusi dan memberikan masukan untuk pemenuhan
                                                                                                                                        well as foster the community in order to grow together and support the Company’s
                          kebutuhan bisnis dan pihak-pihak yang berkepentingan. / Ability to think beyond
                                                                                                                                        business sustainability.
                          the conventional and outside the box, while always showing the willingness to
                          take risks and try different solutions. This may involve exploring and generating
                                                                                                                                        Perilaku Umum / General Behavior
                          creative solutions, as well as combining our insights in order to deliver business
                          and stakeholder requirements.                                                                                 •   Bertanggung jawab atas keselamatan diri sendiri dan orang sekitar
                                                                                                                                            Take responsibility for our own safety and those around us
                          Perilaku Umum / General Behavior                                                                              •   Menjaga lingkungan dan masyarakat di sekitar area pekerjaan
                          •   Mampu berpikir di luar kebiasaan dan menciptakan solusi baru                                                  Preserve the environment and community where we are working
                              Show the ability to think outside the box and come up with new solutions                                  •   Mempertimbangkan aspek keselamatan di setiap proses kerja dan berani
                          •   Tidak mudah menyerah saat menghadapi kesulitan dan memiliki semangat                                          mengingatkan jika terjadi pelanggaran atau tidak sesuai dengan standar
                              untuk selalu mengembangkan diri                                                                               Perusahaan
                              Not easily giving up in dealing with current situations and always seeking new                                Consider the safety of every work process and speak up when the safety and
                              improvements                                                                                                  health aspects are not in line with Company standard




       Setiap tahunnya, kami berupaya untuk terus mengintegrasikan nilai-nilai inti Perusahaan ke               Each year, we strive to continuously integrate our core values into all aspects of our business in
       dalam seluruh aspek bisnis untuk memastikan bahwa nilai-nilai inti tersebut menjadi bagian dari          order to ensure that these core values become part of the Company’s culture. Furthermore, we
       budaya Perusahaan. Selain itu, kami percaya bahwa nilai-nilai inti ini akan senantiasa memandu           believe that these core values will continue to guide us in achieving optimal results to ensure the
       kami dalam mencapai hasil yang optimal demi memastikan keberlanjutan usaha Perusahaan.                   Company’s business sustainability.



150     Laporan Tahunan / Annual Report 2025                                                                                                                                                        PT Petrosea Tbk              151
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      Profil Perusahaan                                                                        Profil Perusahaan
      Company Profile                                                                           Company Profile




Kegiatan Usaha
Business Activities


Sesuai Pasal 3 Akta Pernyataan Keputusan       In accordance with Article 3 of Deed of
Rapat No. 4 tanggal 4 Desember 2023            Meeting Resolution No. 4 on 4 December
dibuat dihadapan Shanti Indah Lestari,         2023, drawn up before Shanti Indah
S.H., M.Kn., Notaris di Kabupaten              Lestari, S.H., M.Kn. Notary at Tangerang,
Tangerang, yang telah memperoleh               which has obtained approval from the
persetujuan dari Menteri Hukum dan Hak         Minister of Law and Human Rights of
Asasi Manusia Republik Indonesia No. AHU-      Republic of Indonesia No. AHU0079682.
0079682. AH.01.02 Tahun 2023 tanggal           AH.01.02 of 2023 on 19 December 2023,
19 Desember 2023, maksud dan tujuan            the purpose and objectives as well as
serta kegiatan usaha Perusahaan bergerak       business activities of the Company
dalam bidang Konstruksi, Pertambangan          engages in the fields of Construction,
dan Penggalian, Industri Pengolahan,           Mining and Excavation, Processing
Perdagangan, Pengangkutan dan                  Industry, Trading, Transportation
Pergudangan, Informasi dan Komunikasi,         and Warehousing, Information and
Aktivitas Profesional, Ilmiah dan Teknis,      Communication, Professional, Scientific
Aktivitas Penyewaan dan Sewa Guna Usaha        and Technical Activities, Leasing and
Tanpa Hak Opsi, Ketenagakerjaan, serta         Lease Activities without Option Rights,
Pendidikan.                                    Employment, as well as Education.

Bidang-bidang kegiatan usaha utama             The main areas of business activities that
yang dijalankan sampai dengan Laporan          are carried out up to the time this Annual
Tahunan ini disajikan adalah pemberian jasa    Report is published are the provision of
dalam bidang Konstruksi, Pertambangan          services in the fields of Construction,
dan Penggalian, Pengangkutan dan               Mining and Quarrying, Transportation and
Pergudangan, Aktivitas Profesional,            Warehousing, Professional, Scientific
Ilmiah dan Teknis, Aktivitas Penyewaan         and Technical Activities, Rental and
dan Sewa Guna Usaha Tanpa Hak Opsi,            Leasing Activities without Option Rights,
Ketenagakerjaan, serta Pendidikan.             Employment and Education.

Kegiatan-kegiatan usaha utama tersebut         These fields of main business activities
dikelompokkan ke dalam empat lini bisnis       are grouped into four main business lines
operasional, yaitu Jasa Pertambangan,          of operations, namely Mining Services,
Rekayasa, Pengadaan & Konstruksi (EPC),        Engineering, Procurement & Construction
EPCI Migas Lepas Pantai, serta Jasa            (EPC), Offshore Oil & Gas EPCI, as well as
Logistik & Pendukung.                          Logistics and Support Services.

Seluruh pelaksanaan kegiatan usaha             All of Petrosea's business activities are
Petrosea dijalankan dengan mengikuti           carried out by following good mining
good mining practices dan dibekali             practices and are equipped with a track
dengan rekam jejak pelaksanaan pilar GCG       record of implementing the principles
dan aspek ESG sebagai kontinuitas dari         of GCG and ESG aspects as a continuation
strategi keberlanjutan Perusahaan.             of the Company’s sustainability strategy.




152     Laporan Tahunan / Annual Report 2025                                                PT Petrosea Tbk   153
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                                                                                                                                                                                                                                                            Profil Perusahaan
24
                                                                                                                                                                                                                                                             Company Profile




                                                                                                                                                                           6,16                Petrosea Offshore
                                                                                                                                                                                               Supply Base
                                                             33

                                                                                                                                                                                     25
                                                                                                                                     5
                                                                                                                                                                                                 22                                                                                    28
                                                                                                                               3,4
                                                                                                                                         2                                                                                                                                                  27
                                                                                                                17 9,10                           12
                                                                                                                                                                                                                   19
                                                                                                                7,8
                                                                                                                       11,13
                                                                                                                        15           1                                                                                  18
                                                                                                                                             20
                                                                                                                                                  23
                                                                                                                                                                                                                   29
                                                        14
                                                                               Kantor Pusat
                                                                               Head Office                                                                                                                                                                               26
                                                                                                                         Kantor Balikpapan
                                                                  31        32                                           Balikpapan Office
                                                                                                           30
                                                                                                      21



     Peta Operasional &
     Pasar yang Dilayani
     Operating Areas & Markets Served

           Proyek | Project                                             Proyek | Project                                                                Proyek | Project                                                      Proyek | Project

           Petrosea                                                     Petrosea                                                                        HBS GROUP                                                             SCAN-BILT

                  Jasa Pertambangan / Mining Services                          Jasa Pertambangan / Mining Services                                     26    Harmony Gold                                                    33      Aster Chemicals and Energy

                                                                                                                                                       27    Newmont
      1          Kideco Jaya Agung                                     16     Antam
                                                                                                                                                       28    St Barbara
      2          Kartika Selabumi Mining                               17     Daya Bumindo Karunia


      3          Cristian Eka Pratama                                   Rekayasa, Pengadaan & Konstruksi
                                                                        Engineering, Procurement & Construction
      4          Kedap Sayaaq                                                                                                                           Proyek | Project

                                                                       18     Freeport Indonesia                                                        HAFAR GROUP                                                               Informasi lengkap terkait proyek saat ini
      5          Indo Bara Pratama
                                                                                                                                                                                                                                  maupun proyek terdahulu dapat diakses
                                                                       19     Fluor-Petrosea JO                                                        29     Freeport Indonesia
      6          Sumberdaya Arindo                                                                                                                                                                                                melalui www.petrosea.com pada
                                                                       20     Masmindo Dwi Area                                                        30     Petronas                                                            laman Pengalaman
      7          Pasir Bara Prima
                                                                                                                                                                                                                                  Further information regarding ongoing
                                                                       21     Freeport Indonesia - Manyar Smelter                                      31     Pertamina Hulu Energi Offshore
      8          Global Bara Mandiri                                                                                                                                                                                              projects or past projects can be accessed on
                                                                                                                                                              Southeast Sumatera                                                  www.petrosea.com in the Experience page
                                                                       22     BP Berau Ltd.
      9          Tamtama Perkasa
                                                                       23     Vale Indonesia                                                           32     Pertamina Hulu Energi Offshore
      10         Borneo Bangun Banua                                                                                                                          North West Java
                                                                       24     Reko Diq Mining Company (Private) Ltd.
      11         Bara Prima Mandiri

                                                                        Jasa Logistik & Pendukung
      12         Vale Indonesia
                                                                        Logistic & Support Services
      13         Multi Tambangjaya Utama

                                                                       25   BP Berau Ltd., Saipem Indonesia, Leighton
      14         Barasentosa Lestari
                                                                            Contractors Indonesia, Freeport Indonesia,
      15         Bartim Coalindo                                            and Wira Insani




     154       Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                    PT Petrosea Tbk           155
Page 79
      Profil Perusahaan                                                                                                                                                                                                                                                                                      Profil Perusahaan
      Company Profile                                                                                                                                                                                                                                                                                         Company Profile




Struktur Grup Petrosea
Petrosea Group Structure


                                                         Prajogo Pangestu *




                                                                      84,08%




                                                                                                                                                                               Notes:

                                                                                                                                                                                       Mining Services               EPC             Offshore Oil & Gas EPCI            Logistics & Support Services              Others




                                                                      99,98%
                                                                                                                                                                               *      Prajogo Pangestu adalah pemilik manfaat utama Perusahaan. Data per tanggal 6 Agustus 2025
                                                                                                                                                                                      Prajogo Pangestu is the Company’s ultimate beneficial owner Data as per 6 August 2025
               Caraka Reksa Optima                      Kreasi Jasa Persada**                          Public                                                                  **     Pemegang Saham Pengendali
                                                                                                                                                                                      Controlling Shareholder


                            24,44%                                    45,33%                      30,23%




                     100,00%                99,99%          99,99%             99,80%            99,90%                   99,99%                                           99,99%                                     99,90%                     95,00%                    100,00%                  100,00%                     99,99%


                                                                                                                     Petrosea                                                                                                                                        Petros
                                       Karya                              POSB             Rekakarsa                                                                                 Petrosea                   Kinarya                       Kuala                                                PTP                     Kinarya
                HBS (PNG)                             Kemilau                                                      Engineering                                                                                                                                      Solutions
                                       Bhumi                          Infrastructure         Karya                                                                                 Infrastruktur                Medika                      Pelabuhan                                          Investment                  Bangun
                 Limited                             Mulia Sakti                                                   Procurement                                                                                                                                      Australia
                                       Lestari                          Indonesia          Nusantara                                                                                Nusantara                   Selaras                     Indonesia                                            Pte. Ltd.                 Sesama
                                                                                                                   Construction                                                                                                                                     Pty. Ltd.


                                                                                                                                                                                                                                             Logistic
                  Mining               Mining
                                                     Sub-holding       Sub-holding          Others                     EPC                                                         Sub-holding                Sub-holding                   & Support                   Others                   Others                    Others
                 Services             Services
                                                                                                                                                                                                                                             Services


                                                      0,01%                             0,10%              0,01%                                                           0,01%                           0,10%


                                         0,01%




                      51,00%               100,00%        100,00%    0,02%     99,98%             51,25%    100,00%                        51,00%             51,00%   1,00%           99,00%      1,00%       99,00%      1,00%       99,00%                  30,00%                 40,00%                 50,00%                  35,00%



                 Hidden                                                                                            Petrosea
                                                                                            Mahaka                                   Hafar               Hafar            Petrosindo                  Petrosindo               Petrosindo                Usaha                   Maha                  Portus                  Chandra
                 Valley               HBS PNG        HBS Plant           Cristian                                   Service
                                                                                            Industri                                 Daya                Daya               Sinergi                     Sinergi                Investama                Berlayar                  Raja                  Bara                     Tirta
               Contractors           Pty. Limited    Hire Ltd.         Eka Pratama          Perdana
                                                                                                                   Solutions
                                                                                                                                   Konstruksi          Samudera              Alur                      Samudra                   Sinergi                 Lancar                  Mineral                Jaya                    Karian
                  Ltd.                                                                                             Pte. Ltd.


                                                                                           Logistics                                                                                                                                                     Logistic
                  Mining                Mining         Mining             Coal                                                     Offshore               EPCI                                                                                                                                       Consultant               Consultant
                                                                                           & Support                 Others                                                    Others                      Others                  Others               & Support                Trading
                 Services              Services       Services           Mining                                                     EPCI                Shipping                                                                                                                                      Services                 Services
                                                                                            Services                                                                                                                                                     Services




                                           100,00%                                                              1,00%     99,00%           60,00%   0,01%     99,99%                   55,00%                   55,00%                  51,00%



                                         HBS                                                                       Petrosea
                                                                                                                   Solutions                             Hafar                  Vista                    Nusantara               Lintas
                                      Solomon                                                                                      Scan Bilt
                                                                                                                   Pakistan                             Capitol                Maritim                     Arung                 Kelola
                                        Island                                                                                     Pte. Ltd.
                                                                                                                   (Private)                           Nusantara                Asia                     Samudera               Berlaba
                                       Limited
                                                                                                                    Limited


                                        Mining                                                                                                            EPCI                                                                   Mining
                                                                                                                     EPCM            EPC                                       Others                      Others               Services
                                       Services                                                                                                         Shipping




156     Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                                                                        PT Petrosea Tbk                   157
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      Profil Perusahaan                                                                                                                                                                                                  Profil Perusahaan
      Company Profile                                                                                                                                                                                                     Company Profile




Struktur Organisasi Petrosea                                                                                           Daftar Entitas Anak,
Petrosea Organizational Structure                                                                                      Entitas Asosiasi & Ventura Bersama
                                                                                                                       List of Subsidiaries, Associated Companies & Joint Venture
Informasi lengkap mengenai Dewan                           Complete information regarding the
Komisaris, Direksi dan keempat komite,                     Board of Commissioners, Board of
                                                                                                                       Pada tahun 2025, Perusahaan memiliki                           in 2025, the Company owned several
termasuk susunan, serta tugas dan                          Directors and the four committees,
                                                                                                                       beberapa entitas anak atau perusahaan                          subsidiaries or associated companies and
tanggung jawabnya, dapat dilihat pada                      including their structure as well as roles
                                                                                                                       asosiasi dan perusahaan                                        joint ventures.
bagian Tata Kelola Perusahaan di halaman                   and responsibilities can be viewed in the
                                                                                                                       ventura bersama.
374-375, 413-416, 430-431, 438 dan 444                     Corporate Governance section on page
Laporan Tahunan ini.                                       374-375, 413-416, 430-431, 438 dan 444
                                                           of this Annual Report.


              Dewan Komisaris / Board of Commissioners                              Chief Investment Officer

                                                                                          Kartika Hendrawan
                                                                                                                         PT Karya Bhumi Lestari
  Presiden Komisaris merangkap Komisaris Independen             Corporate Investment
  President Commisioner concurrently Independent                Investor Relations
  Commissioner
                                                                                                                         Perusahaan secara langsung memiliki 99,99 % saham PT Karya Bhumi Lestari
  Osman Sitorus
                                                                                         Chief Financial Officer         The Company directly owns 99.99% shares in PT Karya Bhumi Lestari
                                                                                            Ruddy Santoso
  Komisaris
  Commissioners                                                 Petrosea Logistics & Support Services
                                                                Corporate Planning & Finance Asset
  Erwin Ciputra                                                 Financial Control
                                                                                                                         Kepemilikan Saham           PT Petrosea Tbk (99,99%)
  Djauhar Maulidi, S.E., M.B.A.                                 Financial Operation                                      Share Ownership             PT POSB Infrastructure Indonesia (0,01%)
  Prof. Ginandjar Kartasasmita
  Jenderal Pol. (Purn.) Drs. Sutanto                                             EPC Freeport Account Director

                                                                                         David Richard Gilbert           Bidang Usaha                Pertambangan dan penggalian; industri pengolahan; penyewaan dan sewa guna usaha
  Komisaris Independen
                                                                                                                         Business Field              tanpa hak opsi; ketenagakerjaan, agen perjalanan dan penunjang usaha lainnya
  Independent Commissioner                                      Engineering Procurement & Construction

  Dr. Setia Untung Arimuladi, S.H., M.Hum.                                                                                                           Mining and extraction; manufacturing; rental and operational lease; human resource
                                                                                                                                                     management, travel agents and other business support
                                                                                  EPC Account Deputy Director

                                                                                            William Jason Tei
                       Direksi / Board of Directors
                                                                Engineering Procurement & Construction
                                                                                                                         Total Aset
                                                                                                                         Total Assets                US$43.853.000
  Presiden Direktur
                                                                                Legal & Communication Director
  President Director
  Michael                                                                                 Meinar Kusumastuti

                                                                Corporate Legal
                                                                                                                         Status Operasi              Beroperasi / Operating
                                                                Corporate Affairs
  Direktur                                                      Corporate Secretary & Communications                     Operational Status
                                                                Environmental, Social & Governance
                                                                                                                                                     •    NIB 9120400242789 tanggal 21 Januari 2026 (OSS RBA)
  Directors
                                                                                                                                                          Business Identification No. 9120400242789 dated 21 January 2026 (OSS RBA)
  Kartika Hendrawan
                                                                                                                                                     •    Perpanjangan Izin Usaha Jasa Pertambangan 02201096213580006
  Ruddy Santoso                                                                  Mining & Mine Services Director
                                                                                                                                                          tanggal 25 Februari 2026
  Meinar Kusumastuti                                                                      Iman Darus Hikhman
  Iman Darus Hikhman
                                                                                                                                                          Extension of Mining Services Business License 02201096213580006
                                                                Mining & Mine Services                                                                    dated 25 February 2026
                                                                                                                                                     •    Izin Stasiun Radio (ISR) 02763405-000SU/2620232028
                                                                                                                                                          Radio Station License (ISR) 02763405-000SU/2620232028
                                                                           Human Capital & General Services Director
                        Chief Executive Officer
                                                                                             Bita Budiariani
                                Michael
                                                                Human Capital & General Services
                                                                Corporate Safety, Health, & Environment                  Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
                    Digital Center of Excellence                                                                         Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410

                                                                                  Asset Management Director*
                Internal Audit & Quality Management
                                                                                          M.A. Ricko Afriandy

                                                                Asset Management
            Business Ethics & Integrity, Risk Management


                                                                           Supply Chain Management Deputy Director
Notes:
                                                                                         Lim Hendra Gunawan
            Deputy Director                   Director
                                                                Procurement
                                                                Warehouse & Inventory
*Bergabung di Petrosea pada Februari 2026                       Exim & Logistic
Joined Petrosea in February 2026



158      Laporan Tahunan / Annual Report 2025                                                                                                                                                                      PT Petrosea Tbk        159
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      Company Profile                                                                                                                                                                                                        Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                     Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                               List of Subsidiaries, Associated Companies & Joint Venture




    PT Kinarya Bangun Sesama                                                                                                  PT Rekakarsa Karya Nusantara


    Perusahaan secara langsung memiliki 99,99 % saham PT Kinarya Bangun Sesama                                                Perusahaan secara langsung memiliki 99,90 % saham PT Rekakarsa Karya Nusantara
    The Company directly owns 99.99% shares in PT Kinarya Bangun Sesama                                                       The Company directly owns 99.90% shares in PT Rekakarsa Karya Nusantara



                              PT Petrosea Tbk (99,99%)                                                                        Kepemilikan Saham        PT Petrosea Tbk (99,90%)
    Kepemilikan Saham
                              Santos Ibrahim Noor (0,01%)                                                                     Share Ownership          PT POSB Infrastructure Indonesia (0,10%)
    Share Ownership



                              7 September 2010 – PT Petrosea Kalimantan                                                       Perubahan Nama           23 Maret 2017 – PT Petrosea Rekayasa dan Konstruksi Indonesia
    Perubahan Nama
                              Nama sekarang sesuai dengan Akta Pernyataan Keputusan Para Pemegang Saham No. 01                Changes of Name          Nama sekarang sesuai dengan Akta Pernyataan Keputusan Para Pemegang Saham No. 22
    Changes of Name
                              tanggal 1 September 2021 yang dibuat di hadapan Notaris Ungke Mulawanti S.H., M.Kn                                       tanggal 30 Agustus 2021 yang dibuat di hadapan Notaris Ungke Mulawanti S.H., M.Kn di
                              di Kabupaten Bekasi                                                                                                      Kabupaten Bekasi
                              The current name complies with Deed of Shareholders’ Resolution No. 01 dated 1 September                                 The current name complies with Deed of Shareholders’ Resolution No. 22 dated 30 August
                              2021, drawn up before Notary Ungke Mulawanti, S.H., M.Kn. in the Regency of Bekasi                                       2021, drawn up before Notary Ungke Mulawanti, S.H., M.Kn. in the Regency of Bekasi


                              Pertanian, kehutanan dan perikanan; industri pengolahan; treatment air, treatment air limbah,
    Bidang Usaha                                                                                                              Bidang Usaha             Pertambangan dan penggalian, aktivitas profesional, ilmiah dan teknis, aktivitas penyewaan
                              treatment dan pemulihan material sampah dan aktivitas remediasi; perdagangan besar dan
    Business Field                                                                                                            Business Field           dan sewa guna usaha tanpa hak opsi, ketenagakerjaan, agen perjalanan dan penunjang usaha
                              eceran; penyediaan akomodasi dan penyediaan makan minum; aktivitas profesional, ilmiah
                              dan teknis; aktivitas penyewaan dan sewa guna usaha tanpa hak opsi; ketenagakerjaan, agen                                lainnya, konstruksi, industri pengolahan, perdagangan besar dan eceran
                              perjalanan dan penunjang usaha lainnya; aktivitas kesehatan manusia dan aktivitas sosial                                 Mining and quarrying; professional, scientific and technical activities; rental and leasing
                              Agriculture, forestry and fisheries; processing industry; water treatment, wastewater                                    activities without option rights; employment activities; travel agencies and other business
                              treatment, waste material treatment and recovery and remediation activities; wholesale                                   support activities; construction; manufacturing; and wholesale and retail trade
                              and retail trade; provision of accommodation and provision of food and drink; professional,
                              scientific and technical activities; leasing and lease activities without option rights;
                              employment, travel agency and other business support; human health activities and social        Total Aset
                              activities                                                                                      Total Assets             US$469.000


    Total Aset                US$867.000                                                                                      Status Operasi           Beroperasi / Operating
    Total Assets                                                                                                              Operational Status
                                                                                                                                                       Namun Perusahaan memiliki perizinan sebagai berikut:
                                                                                                                                                       However, the Company has the following licenses:
                              Beroperasi / Operating                                                                                                   • NIB 1102220001878 tanggal 11 Februari 2022 (OSS RBA)
    Status Operasi                                                                                                                                       Business Identification No. 1102220001878 dated 11 Feb 2022 (OSS RBA)
    Operational Status        NIB 1904220062894 (OSS RBA) tanggal 19 April 2022
                              Business Identification No. 1904220062894 dated 19 April 2022                                                            • Izin Usaha Jasa Pertambangan No. 11022200018780003 tanggal 16 September 2022
                                                                                                                                                         Mining services Business License No. 11022200018780003 dated 16 September 2022
                                                                                                                                                       • Sertifikat Badan Usaha (SBU) Konstruksi No. 110222000187800080001
                              Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63                                                                   tanggal 2 Juni 2022
    Alamat
    Address                   Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410                                                          Construction Business Entity Certificate (SBU) No. 110222000187800080001
                                                                                                                                                         dated 2 June 2022
                                                                                                                                                       • Sertifikat Badan Usaha (SBU) Konstruksi No. 110222000187800080002
                                                                                                                                                         tanggal 6 Juni 2022
                                                                                                                                                         Construction Business Entity Certificate (SBU) No. 110222000187800080002
                                                                                                                                                         dated 6 June 2022
                                                                                                                                                       • Sertifikat Badan Usaha (SBU) Konstruksi No. 110222000187800080003
                                                                                                                                                         tanggal 9 Juni 2022
                                                                                                                                                         Construction Business Entity Certificate (SBU) No. 110222000187800080003
                                                                                                                                                         dated 9 June 2022
                                                                                                                                                       • Sertifikat Badan Usaha (SBU) Konstruksi No. 110222000187800080004
                                                                                                                                                         tanggal 9 Juni 2022
                                                                                                                                                         Construction Business Entity Certificate (SBU) No. 110222000187800080004
                                                                                                                                                         dated 9 June 2022




                                                                                                                                                       Jl. KM 5.5, RT 14
                                                                                                                              Alamat
                                                                                                                                                       Kelurahan Kariangau, Kecamatan Balikpapan Barat
                                                                                                                              Address
                                                                                                                                                       Balikpapan 76134, Kalimantan Timur




160     Laporan Tahunan / Annual Report 2025                                                                                                                                                                           PT Petrosea Tbk           161
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      Company Profile                                                                                                                                                                                                          Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                      Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                               List of Subsidiaries, Associated Companies & Joint Venture




    PT Kuala Pelabuhan Indonesia                                                                                              PT POSB Infrastructure Indonesia


    Perusahaan secara langsung memiliki 95% saham PT Kuala Pelabuhan Indonesia                                                Perusahaan secara langsung memiliki 99,80% saham PT POSB Infrastructure Indonesia
    The Company directly owns 95% shares in PT Kuala Pelabuhan Indonesia                                                      The Company directly owns 99.98% shares in PT POSB Infrastructure Indonesia



    Kepemilikan Saham         PT Petrosea, Tbk. (95,00%)                                                                      Kepemilikan Saham        PT Petrosea Tbk (99,80%)
    Share Ownership           Tripatra Singapore, Pte. Ltd. (5,00%)                                                           Share Ownership          Santos Ibrahim Noor (0,20%)




    Bidang Usaha              Pertambangan dan penggalian; industri pengolahan; konstruksi; pengangkutan dan                  Perubahan Nama           13 Agustus 2010 – PT POSB Infrastructure Kalimantan
    Business Field            pergudangan; aktivitas profesional, ilmiah dan teknis; dan aktivitas penyewaan dan sewa         Changes of Name          Nama sekarang sesuai dengan Akta Pernyataan Keputusan Para Pemegang Saham
                              guna usaha tanpa hak opsi; ketenagakerjaan, agen perjalanan dan penunjang usaha lainnya                                  No. 1 tanggal 17 Februari 2017 yang dibuat di hadapan Notaris Aulia Taufani S.H., di Kabupaten
                              Mining and excavation; processing industry; construction; transporting and warehousing;                                  Tangerang
                              professional, scientific and technical activities; rental and operating lease; human resource                            The current name complies with Deed of Shareholders’ Resolution No. 1 dated 17 February
                              management, travel agent and other business support                                                                      2017, drawn up before Notary Aulia Taufani, S.H., in the Regency of Tangerang




    Total Aset                                                                                                                Bidang Usaha             Aktivitas dalam bidang Pergudangan dan Penyimpanan
    Total Assets              US$12.194.000                                                                                   Business Field           Activities in the field of Warehousing and Storage



    Status Operasi            Beroperasi / Operating                                                                          Total Aset
    Operational Status                                                                                                        Total Assets             US$2.098.000
                              • NIB 2009230038682 tanggal 20 September 2023 (OSS RBA)
                                Business Identification No. 2009230038682 dated 20 September 2023 (OSS RBA)
                              • Izin Usaha Jasa Pertambangan No. 20092300386820001 tanggal 23 Desember 2024
                                Mining Services Business License No. 20092300386820001 dated 23 December 2024                 Status Operasi           Beroperasi / Operating
                                                                                                                              Operational Status
                                                                                                                                                       • NIB 2308230030016 Tanggal 23 Agustus 2023 (OSS RBA)
                                                                                                                                                         Business Identification No. 2308230030016 dated 23 August 2023 (OSS RBA)
    Alamat                    Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63                                                                 • Surat Izin Usaha Perusahaan Bongkar Muat No. 570/860/ PTSP-I/IX/2017
    Address                   Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410                                                          tanggal 26 September 2017
                                                                                                                                                         Loading and Unloading Business License No. 570/860/PTSP-I/ IX/2017
                                                                                                                                                         dated 26 September 2017
                                                                                                                                                       • Surat Izin Usaha Perusahaan Bongkar Muat No. 503/2195/ SIUPBM HUB/DPMPTSP/XII/2017
                                                                                                                                                         tanggal 5 Desember 2017
                                                                                                                                                         Loading and Unloading Business License No. 503/2195/ SIUPBM-HUB/DPMPTSP/XII/2017
                                                                                                                                                         dated 5 December 2017




                                                                                                                              Alamat                   Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
                                                                                                                              Address                  Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




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      Company Profile                                                                                                                                                                                                                  Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                             Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                                       List of Subsidiaries, Associated Companies & Joint Venture




    PT Mahaka Industri Perdana                                                                                                       PT Kemilau Mulia Sakti


                                                                                                                                     Perusahaan secara langsung memiliki 99,99% saham PT Kemilau Mulia Sakti
    Perusahaan memiliki 51,25% saham PT Mahaka Industri Perdana secara tidak
                                                                                                                                     The Company directly owns 99.99% shares in PT Kemilau Mulia Sakti
    langsung melalui PT POSB Infrastructure Indonesia, yang dimiliki oleh Perusahaan sebesar 99,98%
    The Company indirectly owns 51.25% of the shares in PT Mahaka Industri Perdana through
    PT POSB Infrastructure Indonesia, a subsidiary 99.98% owned by the Company
                                                                                                                                     Kepemilikan Saham         PT Petrosea Tbk (99,99%)
                                                                                                                                     Share Ownership           PT Karya Bhumi Lestari (0,01%)

                               PT POSB Infrastructure Indonesia (51,25%)
    Kepemilikan Saham
                               PT Teladan Resources (25,00%)
    Share Ownership                                                                                                                  Bidang Usaha              Aktivitas perusahaan holding, aktivitas konsultasi manajemen lainnya dan
                               Wishnu Wardhana (23,75%)
                                                                                                                                     Business Field            pertambangan batu bara
                                                                                                                                                               Holding company activities, other management consulting activities and coal mining

    Bidang Usaha               Pertambangan dan penggalian; perdagangan besar dan eceran; konstruksi; aktivitas
    Business Field             profesional ilmiah dan teknis; pertanian; kehutanan dan perikanan; industri pengolahan;
                                                                                                                                     Total Aset
                               aktivitas penyewaan dan sewa guna usaha tanpa hak opsi; ketenagakerjaan, agen perjalanan
                                                                                                                                     Total Assets              US$21.325.000
                               dan penunjang usaha lainnya, ketenagakerjaan dan penunjang usaha lainnya
                               Mining and excavation; large-scale and small-scale trading; construction; professional,
                               scientific and technical activities; agriculture; forestry and fishery; processing industry; rental
                               and operating lease activities; human resource management, travel agent and other business            Status Operasi            Beroperasi / Operating
                               support                                                                                               Operational Status
                                                                                                                                                               NIB 2610230099259 tanggal 26 Oktober 2023 (OSS RBA)
                                                                                                                                                               Business Identification No. 2610230099259 dated 26 October 2023 (OSS RBA)

    Total Aset
    Total Assets               US$1.539.000
                                                                                                                                     Alamat                    Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
                                                                                                                                     Address                   Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410

    Status Operasi             Beroperasi / Operating
    Operational Status
                               • Izin usaha lembaga penempatan tenaga kerja swasta antar kerja lokal No. 560/1598
                                 tanggal 20 November 2017
                                 License for private local inter-employment labor placement business No. 560/1589
                                 dated 20 November 2017
                               • NIB 0220300780662 tanggal 6 Juli 2020
                                 Business Identification No. 0220300780662 dated 6 July 2020
                               • Izin Usaha Jasa Pertambangan No. 642/1/IUJP/PMDN/2021 tanggal 15 Desember 2021
                                 Mining Services Business License No. 642/1/IUJP/PMDN/2021 dated 15 December 2021
                               • Izin Usaha Jasa Konstruksi tanggal 2 Desember 2020
                                 Construction Service Business License dated 2 December 2020




    Alamat                     Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
    Address                    Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




164     Laporan Tahunan / Annual Report 2025                                                                                                                                                                                       PT Petrosea Tbk    165
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      Profil Perusahaan                                                                                                                                                                                                 Profil Perusahaan
      Company Profile                                                                                                                                                                                                    Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                          List of Subsidiaries, Associated Companies & Joint Venture




    PT Cristian Eka Pratama                                                                                            Petros Solutions Australia Pty. Ltd.


    Perusahaan memiliki 99,98% saham PT Cristian Eka Pratama secara tidak langsung melalui                             Perusahaan secara langsung memiliki 100% saham Petros Solutions Australia Pty. Ltd.
    PT Kemilau Mulia Sakti, yang dimiliki oleh Perusahaan sebesar 99,99%                                               The Company directly owns 100% shares in Petros Solutions Australia Pty. Ltd.
    The Company indirectly owns 99.98% of the shares in PT Cristian Eka Pratama through
    PT Kemilau Mulia Sakti, a subsidiary 99.99% owned by the Company

                                                                                                                       Kepemilikan Saham
                                                                                                                                                 PT Petrosea Tbk (100,00%)
                                                                                                                       Share Ownership
    Kepemilikan Saham           PT Kemilau Mulia Sakti (99,98%)
    Share Ownership             PT Karya Bhumi Lestari (0,02%)
                                                                                                                       Bidang Usaha              Penyedia solusi pada industri pertambangan dan geologi
                                                                                                                       Business Field            Solution provider in mining and geology industry

    Bidang Usaha                Pertambangan batu bara
    Business Field              Coal mining                                                                            Total Aset
                                                                                                                       Total Assets              US$567.000

    Total Aset
    Total Assets                US$71.755.000                                                                          Status Operasi
                                                                                                                                                 Beroperasi / Operating

                                                                                                                       Operational Status        ACN: 648 505 471 tanggal 8 Maret 2021
                                                                                                                                                 ACN: 648 505 471 dated 8 March 2021

    Status Operasi              Beroperasi / Operating
    Operational Status                                                                                                 Alamat
                                • NIB 9120307730325 tanggal 2 Juli 2019 (OSS RBA)
                                                                                                                                                 Brisbane, Australia
                                  Business identification No. 9120307730325 dated 2 July 2019 (OSS RBA)                Address

                                • IUP Operasi Produksi 503/7380/IUP-OP/DPMPTSP/XII/2019 Tanggal 3 Desember 2019
                                  Mining business license for production operation 503/7380/ IUP OP/DPMPTSP/XII/2019
                                  dated 3 December 2019
                                • Izin Stasiun Radio (ISR): 02740872-000SU/2620232028
                                  Radio Station License (ISR): 02740872-000SU/2620232028
                                                                                                                       PT Petrosea Infrastruktur Nusantara


    Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63                               Perusahaan secara langsung memiliki 99,99% saham PT Petrosea Infrastruktur Nusantara
    Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410                      The Company directly owns 99.99% shares in PT Petrosea Infrastruktur Nusantara



                                                                                                                       Kepemilikan Saham         PT Petrosea Tbk (99,99%)
                                                                                                                       Share Ownership           PT Rekakarsa Karya Nusantara (0,01%)



                                                                                                                                                 Aktivitas konsultasi manajemen lainnya, aktivitas perusahaan holding dan aktivitas konsultasi
                                                                                                                       Bidang Usaha              manajemen industri
                                                                                                                       Business Field            Other management consulting activities, holding company activities and management
                                                                                                                                                 consulting activities for industry


                                                                                                                       Total Aset
                                                                                                                       Total Assets              US$21.424.000


                                                                                                                                                 Beroperasi / Operating
                                                                                                                       Status Operasi
                                                                                                                                                 NIB 2610240015176 tanggal 26 Oktober 2024 (OSS RBA)
                                                                                                                       Operational Status
                                                                                                                                                 NIB 2610240015176 dated 26 October 2024 (OSS RBA)



                                                                                                                       Alamat                    Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
                                                                                                                       Address                   Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




166     Laporan Tahunan / Annual Report 2025                                                                                                                                                                         PT Petrosea Tbk         167
Page 85
      Profil Perusahaan                                                                                                                                                                                 Profil Perusahaan
      Company Profile                                                                                                                                                                                    Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                          List of Subsidiaries, Associated Companies & Joint Venture




    PTP Investments Pty. Ltd.                                                                          Petrosea Solutions Pakistan (Private) Limited


    Perusahaan secara langsung memiliki 100% saham PTP Investments Pty. Ltd.                           Perusahaan secara tidak langsung memiliki 99,00% saham Petrosea Solutions Pakistan (Private) Limited
    The Company directly owns 100% shares in PTP Investments Pty. Ltd.                                 melalui Petrosea Services Solutions
                                                                                                       The Company in directly owns 99.00% shares in Petrosea Solutions Pakistan (Private) Pte.Ltd Limited
                                                                                                       through Petrosea Services Solutions
    Kepemilikan Saham
                                PT Petrosea Tbk (100%)
    Share Ownership
                                                                                                       Kepemilikan Saham           Petrosea Services Solutions Pte Ltd (99,00%)
                                                                                                       Share Ownership             PT Petrosea Tbk (1,00%)
    Bidang Usaha                Investasi
    Business Field              Investment
                                                                                                                                   Manajemen Konstruksi, Jasa Teknik, Konstruksi Umum, Tenaga Kerja atau kegiatan lain
                                                                                                       Bidang Usaha
                                                                                                                                   Construction Management, Engineering Services, General Construction,
                                                                                                       Business Field
    Total Aset                                                                                                                     Manpower Supply or other activities
    Total Assets                US$3.000

                                                                                                       Total Aset
                                                                                                       Total Assets                US$13.000
    Status Operasi              Tidak beroperasi / Not operating
    Operational Status

                                                                                                       Status Operasi              Tahap awal operasional
    Alamat                                                                                             Operational Status          Early operational stage
                                Singapura
    Address

                                                                                                       Alamat
                                                                                                                                   Pakistan
                                                                                                       Address




    Petrosea Services Solutions Pte. Ltd
                                                                                                       PT Petrosea Engineering Procurement Construction
    Perusahaan secara langsung memiliki 100% saham PT. Petrosea Engineering Procurement Construction
    The Company directly owns 100% shares in PT. Petrosea Engineering Procurement Construction         Perusahaan secara langsung memiliki 99,99% saham PT Petrosea Engineering Procurement Construction
                                                                                                       The Company directly owns 99.99% shares in PT Petrosea Engineering Procurement Construction

    Kepemilikan Saham
                                PT Petrosea Engineering Procurement Construction (100,00%)
    Share Ownership                                                                                    Kepemilikan Saham           PT Petrosea Tbk (99,99%)
                                                                                                       Share Ownership             PT Rekakarsa Karya Nusantara (0,01%)

    Bidang Usaha                Perusahaan Holding
    Business Field              Holding Company                                                                                    Aktivitas keuangan dan asuransi; aktivitas profesional, ilmiah dan teknis; dan perdagangan
                                                                                                                                   besar & eceran, reparasi perawatan mobil dan sepeda motor
                                                                                                       Bidang Usaha
                                                                                                                                   Financial and insurance activities; professional, scientific, and technical activities; and
    Total Aset                                                                                         Business Field
    Total Assets                US$12.078.000                                                                                      wholesale & retail trade, including the repair and maintenance of motor vehicles and
                                                                                                                                   motorcycles


    Status Operasi              Beroperasi                                                             Total Aset
    Operational Status          Operating                                                              Total Assets                US$37.322.000

    Alamat                                                                                             Status Operasi              Beroperasi / Operating
                                Singapura
    Address                                                                                            Operational Status
                                                                                                                                   NIB 2304250056682 tanggal 23 April 2025 (OSS RBA)
                                                                                                                                   NIB 2304250056682 dated 23 April 2025 (OSS RBA)



                                                                                                       Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
                                                                                                       Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




168     Laporan Tahunan / Annual Report 2025                                                                                                                                                       PT Petrosea Tbk           169
Page 86
      Profil Perusahaan                                                                                                                                                                                                   Profil Perusahaan
      Company Profile                                                                                                                                                                                                      Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                  Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                            List of Subsidiaries, Associated Companies & Joint Venture




   PT Usaha Berlayar Lancar
                                                                                                                         PT Hafar Daya Samudera

   Perusahaan memiliki 30,00% saham PT Usaha Berlayar Lancar secara tidak langsung melalui
   PT Petrosea Infrastruktur Indonesia, yang dimiliki oleh Perusahaan sebesar 100%                                       Perusahaan memiliki 51,00% saham PT Hafar Daya Samudera secara tidak langsung melalui
                                                                                                                         PT Petrosea Engineering Procurement Construction, yang dimiliki oleh Perusahaan sebesar 99,99%
   The Company indirectly owns 30.00% of the shares in PT Usaha Berlayar Lancar through
   PT Petrosea Infrastruktur Indonesia, a subsidiary 100% owned by the Company                                           The Company indirectly owns 51.00% of the shares in PT Hafar Daya Samudera through
                                                                                                                         PT Petrosea Engineering Procurement Construction, a subsidiary 99.99% owned by the Company

                                PT Armada Maritim Persada (40.00%)
   Kepemilikan Saham                                                                                                     Kepemilikan Saham           PT Petrosea Engineering Procurement Construction (51,00%)
                                PT Petrosea Infrastruktur Nusantara (30,00%)
   Share Ownership                                                                                                       Share Ownership             PT Rukun Raharja Tbk (49,00%)
                                PT Bumi Artha Bahari (30,00%)


   Bidang Usaha                 Pengangkutan dan pergudangan                                                             Bidang Usaha                Angkutan Laut
   Business Field               Transportation and warehousing                                                           Business Field              Maritime Transportation


   Total Aset                                                                                                            Total Aset
                                US$596.000                                                                               Total Assets                US$19.937.000
   Total Assets


   Status Operasi               Tidak Aktif / Not Active                                                                 Status Operasi              Beroperasi / Operating
   Operational Status                                                                                                    Operational Status
                                Namun perusahaan memiliki perizinan sebagai berikut:                                                                 NIB 9120500242711 tanggal 21 Februari 2019 (OSS RBA)
                                However, the company has the following licenses:                                                                     NIB 9120500242711 dated 21 Februari 2019 (OSS RBA)

                                NIB 2511240081618 tanggal 25 November 2024
                                Business Identification No. 2511240081618 dated 25 November 2024                         Alamat                      K-LINK Tower Lantai 19, Jl. Jendral Gatot Subroto Kav. 59A , Kelurahan Kuningan Timur,
                                                                                                                         Address                     Kecamatan Setiabudi, Jakarta Selatan, Jakarta 12950

   Alamat                       Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
   Address                      Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




   PT Hafar Daya Konstruksi                                                                                              PT Hafar Capitol Nusantara


   Perusahaan memiliki 51,00% saham PT Hafar Daya Konstruksi secara tidak langsung melalui                               Perusahaan memiliki 99,99% saham PT Hafar Capitol Nusantara secara tidak langsung
   PT Petrosea Engineering Procurement Construction, yang dimiliki oleh Perusahaan sebesar 99,99%                        melalui PT Hafar Daya Samudera, yang dimiliki oleh Perusahaan sebesar 51,00%
   The Company indirectly owns 51.00% of the shares in PT Hafar Daya Konstruksi through                                  The Company indirectly owns 99.99% of the shares in PT Hafar Capitol Nusantara through
   PT Petrosea Engineering Procurement Construction, a subsidiary 99.99% owned by the Company                            PT Hafar Daya Samudera, a subsidiary 51.00% owned by the Company



   Kepemilikan Saham            PT Petrosea Engineering Procurement Construction (51,00%)                                Kepemilikan Saham           PT Hafar Daya Samudera (99,99%)
   Share Ownership              PT Rukun Raharja Tbk (49,00%)                                                            Share Ownership             PT Petrosea Enginering Procurement Construction (0,01%)



                                Konstruksi Bangunan Sipil lainnya dan Instalasi Sistem Kelistrikan,                                                  Angkutan Laut Dalam Negeri Tramper untuk Barang, Angkutan Laut Dalam Negeri untuk
   Bidang Usaha                 Air (pipa) dan Instalasi Konstruksi                                                      Bidang Usaha                Barang Khusus dan Angkutan Laut Luar Negeri untuk Barang Khusus
   Business Field               Other Civil Building Construction and Electrical, Water (pipe) and                       Business Field              Domestic Sea Freight (Tramper Service) for Goods, Domestic Sea Freight for Specialized
                                Construction System Installations                                                                                    Cargo and International Sea Freight for Specialized Cargo



   Total Aset                                                                                                            Total Aset
   Total Assets                 US$36.434.000                                                                            Total Assets                US$14.215.000


   Status Operasi               Beroperasi / Operating                                                                   Status Operasi              Beroperasi / Operating
   Operational Status                                                                                                    Operational Status          NIB 2312210030584 tanggal 23 Desember 2023 (OSS RBA)
                                NIB 9120003460035 tanggal 3 April 2019 (OSS RBA)
                                NIB 9120003460035 dated 3 April 2019 (OSS RBA)                                                                       NIB 2312210030584 dated 23 December 2023 (OSS RBA)



   Alamat                       K-LINK Tower Lantai 19, Jl. Jendral Gatot Subroto Kav. 59A , Kelurahan Kuningan Timur,   Alamat                      K-LINK Tower Lantai 19, Jl. Jendral Gatot Subroto Kav. 59A , Kelurahan Kuningan Timur,
   Address                      Kecamatan Setiabudi, Jakarta Selatan, Jakarta 12950                                      Address                     Kecamatan Setiabudi, Jakarta Selatan, Jakarta 12950




170     Laporan Tahunan / Annual Report 2025                                                                                                                                                                         PT Petrosea Tbk          171
Page 87
      Profil Perusahaan                                                                                                                                                                                                       Profil Perusahaan
      Company Profile                                                                                                                                                                                                          Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                     Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                               List of Subsidiaries, Associated Companies & Joint Venture




    PT Portus Bara Jaya                                                                                                    PT Maha Raja Mineral


    Perusahaan memiliki 50,00% saham PT Portus Bara Jaya secara tidak langsung melalui                                     Perusahaan memiliki 40,00% saham PT Maha Raja Mineral secara tidak langsung
    PT Petrosea Infrastruktur Indonesia, yang dimiliki oleh Perusahaan sebesar 99,99%                                      melalui PT Petrosea Infrastruktur Indonesia, yang dimiliki oleh Perusahaan sebesar 99,00%
    The Company indirectly owns 50.00% of the shares in PT Portus Bara Jaya through                                        The Company indirectly owns 40% of the shares in PT Maha Raja Mineral
    PT Petrosea Infrastruktur Indonesia, a subsidiary 99.99% owned by the Company                                          through PT Petrosea Infrastruktur Indonesia, a subsidiary 99.99% owned by the Company




    Kepemilikan Saham           PT Petrosea Infrastruktur Nusantara (50,00%)                                                                           PT Petrosea Infrastruktur Nusantara (40,00%)
    Share Ownership             PT Lautan Hutan Lestari (50,00%)                                                           Kepemilikan Saham           PT Maharaja Nusantara Energi (30,00%)
                                                                                                                           Share Ownership             PT Vantama Multi Mahesa (15,00%)
                                                                                                                                                       PT Maha Harum Abadi (15,00%)

    Bidang Usaha                Perdagangan Besar dan Eceran dan Aktivitas Profesional, Ilmiah dan Teknis
    Business Field              Wholesale and Retail Trade, as well as Professional, Scientific and Technical Activities
                                                                                                                                                       Angkutan Laut Dalam Negeri Tramper untuk Barang, Angkutan Laut Dalam Negeri untuk
                                                                                                                           Bidang Usaha                Barang Khusus dan Angkutan Laut Luar Negeri untuk Barang Khusus
                                                                                                                           Business Field              Domestic Sea Freight (Tramper Service) for Goods, Domestic Sea Freight for
    Total Aset
    Total Assets                US$9.694.000                                                                                                           Specialized Cargo and International Sea Freight for Specialized Cargo




                                                                                                                           Total Aset
    Status Operasi              Tidak Aktif / Not Active                                                                   Total Assets                US$34.935.000
    Operational Status
                                Namun perusahaan memiliki perizinan sebagai berikut:
                                However, the company has the following licenses:
                                •    NIB 1004250012537 tanggal 10 April 2025 (OSS RBA)                                     Status Operasi              Beroperasi / Operating
                                     NIB 1004250012537 dated 10 April 2025 (OSS RBA)                                       Operational Status
                                                                                                                                                       NIB 0220006190737 tanggal 3 Januari 2020 (OSS RBA)
                                •    IUP-OPK 10042500125370001 tanggal 29 Juni 2025                                                                    NIB 0220006190737 dated 3 Januari 2020 (OSS RBA)
                                     IUP-OPK 10042500125370001 dated 29 June 2025


                                                                                                                           Alamat                      Prosperity Tower Lantai 50, District 8, SCBD Lot 28, Jl. Jendral Sudirman Kav 52 - 53,
    Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63                                   Address                     Kelurahan Senayan, Kecamatan Kebayoran Baru, Jakarta Selatan, Jakarta 12190
    Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




172     Laporan Tahunan / Annual Report 2025                                                                                                                                                                            PT Petrosea Tbk         173
Page 88
      Profil Perusahaan                                                                                                                                                                                             Profil Perusahaan
      Company Profile                                                                                                                                                                                                Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                            Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                      List of Subsidiaries, Associated Companies & Joint Venture




    HBS (PNG) Limited
                                                                                                                    Hidden Valley Contractors Ltd.
    Perusahaan secara langsung memiliki 100% saham HBS (PNG) Limited
    The Company directly owns 100% shares in HBS (PNG) Limited                                                      Perusahaan memiliki 51,00% saham Hidden Valley Contractors Ltd. secara tidak langsung
                                                                                                                    melalui HBS (PNG) Limited, yang dimiliki oleh Perusahaan sebesar 100%

    Kepemilikan Saham                                                                                               The Company indirectly owns 51.00% of the shares in Hidden Valley Contractors Ltd. through
                                PT Petrosea Tbk (100%)                                                              HBS (PNG) Limited, a subsidiary 100% owned by the Company
    Share Ownership


    Bidang Usaha                Konstruksi, pertambangan, penggalian, transportasi, pergudangan,                    Kepemilikan Saham
                                                                                                                                                HBS (PNG) Limited (51,00%)
    Business Field              komunikasi perumahaan, penyewaan & aktivitas yang lainnya                           Share Ownership
                                Construction, mining, quarry, transportation, warehousing,
                                communications real estate rental & other services                                  Bidang Usaha                Konstruksi
                                                                                                                    Business Field              Construction
    Total Aset
    Total Assets                US$51.975.000
                                                                                                                    Total Aset
                                                                                                                    Total Assets                US$13.509.000
    Status Operasi              Beroperasi / Operating
    Operational Status
                                Nomor Registrasi: 1-41668 tanggal 06 Februari 2001                                  Status Operasi              Beroperasi / Operating
                                Registration Number: 1-41668 dated 06 February 2001                                 Operational Status
                                                                                                                                                Nomor Registrasi: 1-59154 tanggal 20 Maret 2007
                                                                                                                                                Registration Number: 1-59154 dated 20 March 2007
    Alamat
                                Portion 517, Markham Milinch Erap, 11 Mile, Lae Morobe Province, Papua New Guinea
    Address
                                                                                                                    Alamat
                                                                                                                                                Portion 517, Markham Milinch Erap, 11 Mile, Lae Morobe Province, Papua New Guinea
                                                                                                                    Address




                                                                                                                    HBS PNG Pty. Limited


                                                                                                                    Perusahaan memiliki 100% saham HBS PNG Pty. Limited secara tidak langsung
                                                                                                                    melalui HBS (PNG) Limited, yang dimiliki oleh Perusahaan sebesar 100%
                                                                                                                    The Company indirectly owns 100% of the shares in HBS PNG Pty. Limited
                                                                                                                    through HBS (PNG) Limited, a subsidiary 100% owned by the Company


                                                                                                                    Kepemilikan Saham
                                                                                                                                                HBS (PNG) Limited (100%)
                                                                                                                    Share Ownership


                                                                                                                    Bidang Usaha
                                                                                                                                                Proprietary
                                                                                                                    Business Field


                                                                                                                    Total Aset
                                                                                                                    Total Assets                US$32.000

                                                                                                                    Status Operasi              Beroperasi / Operating
                                                                                                                    Operational Status
                                                                                                                                                Nomor Perusahaan: 646356639 tanggal 03 Desember 2020
                                                                                                                                                Company Number: 646356639 dated 03 December 2020


                                                                                                                    Alamat
                                                                                                                                                Level 12 10 Eagle Street, Brisbane, Queensland 4000, Australia
                                                                                                                    Address




174     Laporan Tahunan / Annual Report 2025                                                                                                                                                                     PT Petrosea Tbk     175
Page 89
      Profil Perusahaan                                                                                                                                                                                        Profil Perusahaan
      Company Profile                                                                                                                                                                                           Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                         Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                  List of Subsidiaries, Associated Companies & Joint Venture




      HBS Plant Hire Ltd                                                                                       Scan-Bilt Pte. Ltd.


      Perusahaan memiliki 100% saham HBS Plant Hire Ltd secara tidak langsung                                  Perusahaan memiliki 60,00% saham Scan-Bilt Pte. Ltd. secara tidak langsung melalui
      melalui HBS (PNG) Limited, yang dimiliki oleh Perusahaan sebesar 100%                                    Petrosea Services Solutions Pte. Ltd., yang dimiliki oleh Perusahaan sebesar 100%
      The Company indirectly owns 100% of the shares in HBS Plant Hire Ltd                                     The Company indirectly owns 60.00% of the shares in Scan-Bilt Pte. Ltd. through
      through HBS (PNG) Limited, a subsidiary 100% owned by the Company                                        Petrosea Services Solutions Pte. Ltd., a subsidiary 100% owned by the Company



      Kepemilikan Saham                                                                                        Kepemilikan Saham
                                  HBS (PNG) Limited ( 100%)                                                                                Petrosea Services Solutions Pte. Ltd.(60,00%)
      Share Ownership                                                                                          Share Ownership



      Bidang Usaha                Transportasi, Penyimpanan dan Komunikasi                                                                 Plant civil engineering construction dan maintenance work untuk industri pengolahan
      Business Field                                                                                           Bidang Usaha                kimia serta minyak & gas untuk onshore dan offshore
                                  Transport, Storage and Communications
                                                                                                               Business Field              Plant civil engineering construction and maintenance work for the chemical processing
                                                                                                                                           and oil & gas industries, both onshore and offshore
      Total Aset
                                  (Sudah menjadi satu dengan HBS PNG)
      Total Assets
                                                                                                               Total Aset
                                                                                                               Total Assets                US$12.795.000
      Status Operasi              Beroperasi / Operating
      Operational Status
                                  Nomor Registrasi: 1-118915 tanggal 03 Juli 2018                              Status Operasi              Beroperasi
                                  Registration Number: 1-118915 dated 03 July 2018                             Operational Status          Operating



      Alamat                      PO Box 2238, LAE 2411                                                        Alamat
                                                                                                                                           193B Thomson Road, Goldhill Shopping Centre, Singapore 307633
      Address                     Morobe Province, Papua New Guinea                                            Address




      HBS Solomon Island Limited                                                                               PT Lintas Kelola Berlaba*


      Perusahaan memiliki 100% saham HBS Solomon Island Limited secara tidak langsung                          Perusahaan memiliki 51,00% saham PT Lintas Kelola Berlaba secara tidak langsung
      melalui HBS PNG Pty. Limited, yang dimiliki oleh Perusahaan sebesar 100%                                 melalui PT Petrosindo Investama Sinergi, yang dimiliki oleh Perusahaan sebesar 99,99%
      The Company indirectly owns 100% of the shares in HBS Solomon Island Limited Plant Hire Ltd through      The Company indirectly owns 51.00% of the shares in PT Lintas Kelola Berlaba
      HBS PNG Pty. Limited, a subsidiary 100% owned by the Company                                             through PT Petrosindo Investama Sinergi, a subsidiary 99.99% owned by the Company



      Kepemilikan Saham                                                                                        Kepemilikan Saham           PT Petrosea Infrastruktur Nusantara (51,00%)
                                  HBS (PNG) Pty. Limited (100%)                                                Share Ownership             PT Pasir Bara Prima (49,00%)
      Share Ownership

                                                                                                                                           Aktivitas penunjang pertambangan dan penggalian lainnya; dan
      Bidang Usaha                Pertambangan                                                                 Bidang Usaha                aktivitas konsultasi manajemen lainnya
      Business Field              Mining                                                                       Business Field              Supporting for mining and quarrying activities; and
                                                                                                                                           management consulting activities
      Total Aset
      Total Assets                US$4.000                                                                     Total Aset
                                                                                                               Total Assets                US$5.026.000

      Status Operasi              Beroperasi / Operating                                                       Status Operasi              Beroperasi / Operating
      Operational Status                                                                                       Operational Status
                                  Nomor Perusahaan: 20232168 tanggal 23 Juni 2023                                                          NIB 2011240001059 tanggal 28 November 2024 (OSS RBA)
                                  Company Number: 20232168 dated 23 June 2023                                                              NIB 2011240001059 dated 28 November 2024 (OSS RBA)


      Alamat                                                                                                   Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
                                  1st Floor City Centre Building Mendana Avenue, Honiara, Solomon Islands      Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410
      Address


                                                                                                            * Perusahaan memiliki perusahaan ventura bersama
                                                                                                            * the Company owns joint venture companies



176       Laporan Tahunan / Annual Report 2025                                                                                                                                                            PT Petrosea Tbk          177
Page 90
      Profil Perusahaan                                                                                                                                                                                                              Profil Perusahaan
      Company Profile                                                                                                                                                                                                                 Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                               Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                                         List of Subsidiaries, Associated Companies & Joint Venture




    PT Chandra Tirta Karian*                                                                                                        PT Vista Maritim Asia*


    Perusahaan memiliki 35,00% saham PT Chandra Tirta Karian secara tidak langsung                                                  Perusahaan memiliki 55,00% saham PT Vista Maritim Asia secara tidak langsung melalui
    melalui PT Petrosea Infrastruktur Indonesia, yang dimiliki oleh Perusahaan sebesar 99,99%                                       PT Petrosindo Sinegri Alur, yang dimiliki oleh Perusahaan sebesar 99,00%
    The Company indirectly owns 35.00% of the shares in PT Chandra Tirta Karian                                                     The Company indirectly owns 55.00% of the shares in PT Vista Maritim Asia through
    through PT Petrosea Infrastruktur Indonesia, a subsidiary 99.99% owned by the Company                                           PT Petrosindo Sinegri Alur, a subsidiary 99.00% owned by the Company


    Kepemilikan Saham           PT Chandra Daya Investasi Tbk (65,00%)                                                              Kepemilikan Saham
    Share Ownership             PT Petrosea Infrastruktur Nusantara (35,00%)                                                                                      PT Petrosindo Sinergi Alur (55,00%)
                                                                                                                                    Share Ownership


                                Aktivitas jasa keuangan, bukan asuransi dan dana pensiun dan aktivitas kantor pusat dan             Bidang Usaha                  Aktivitas pelayanan kepelabuhan laut
    Bidang Usaha                konsultasi manajemen                                                                                Business Field                Marine port service activities
    Business Field              Financial services activities, not insurance and pension funds and head office activities and
                                management consulting
                                                                                                                                    Status Operasi                Tahap awal operasional
                                                                                                                                    Operational Status            Early operational stage
    Total Aset
    Total Assets                US$13.515.000
                                                                                                                                    Alamat                        Treasury Tower Lantai 16 K-L, Jl. Jenderal Sudirman No.52-53,
                                                                                                                                    Address                       kebayoran baru, Jakarta Selatan
    Status Operasi              Tahap awal operasional / Early operational stage
    Operational Status
                                Namun perusahaan memiliki perizinan sebagai berikut:
                                However, the company has the following licenses:
                                                                                                                                * Diakuisisi pada Februari 2026
                                NIB 13022501123851 tanggal 13 Februari 2025                                                     * Acquired in February 2026
                                NIB 13022501123851 dated 13 February 2025


    Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
    Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410

                                                                                                                                    PT Nusantara Arung Samudera*
* Perusahaan memiliki perusahaan ventura bersama
* the Company owns joint venture companies
                                                                                                                                    Perusahaan memiliki 55,00% saham PT Nusantara Arung Samudera secara tidak langsung melalui
                                                                                                                                    PT Petrosindo Sinergi Samudera, yang dimiliki oleh Perusahaan sebesar 99,00%
                                                                                                                                    The Company indirectly owns 55,00% of the shares in PT Nusantara Arung Samudera through
    PT Kinarya Medika Selaras                                                                                                       PT Petrosindo Sinergi Samudera, a subsidiary 99.00% owned by the Company



    Perusahaan secara langsung memiliki 99,90% saham PT Kinarya Medika Selaras                                                      Kepemilikan Saham
                                                                                                                                                                  PT Petrosea Engineering Procurement Construction (55,00%)
                                                                                                                                    Share Ownership
    The Company directly owns 99.90% shares in PT Kinarya Medika Selaras


                                                                                                                                    Bidang Usaha                  Aktivitas pelayanan kepelabuhan laut
    Kepemilikan Saham           PT Petrosea Tbk (99,90%)                                                                            Business Field                Marine port service activities
    Share Ownership             PT Rekakarsa Karya Nusantara (0,10%)


                                                                                                                                    Status Operasi                Tahap awal operasional
                                Aktivitas kesehatan manusia dan sosial; aktivitas profesional, ilmiah, teknis dan                                                 Early operational stage
                                                                                                                                    Operational Status
    Bidang Usaha                perdagangan eceran
    Business Field              Human health and social activities, professional, scientific, technical activities and
                                retail trade
                                                                                                                                    Alamat                        Treasury Tower Lantai 16 K-L, Jl. Jenderal Sudirman No.52-53,
                                                                                                                                    Address                       kebayoran baru, Jakarta Selatan
    Total Aset
    Total Assets                US$60.000
                                                                                                                                * Diakuisisi pada Februari 2026
                                Tidak Aktif / Not Active                                                                        * Acquired in February 2026
    Status Operasi
    Operational Status          NIB 1612250114134 tanggal 16 Desember 2025
                                NIB 1612250114134 dated 16 December 2025


    Alamat                      Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
    Address                     Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




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      Company Profile                                                                                                                                                                                                               Company Profile



Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama                                                                                                                                            Daftar Entitas Anak, Entitas Asosiasi & Ventura Bersama
List of Subsidiaries, Associated Companies & Joint Venture                                                                                                                                      List of Subsidiaries, Associated Companies & Joint Venture




    PT Petrosindo Sinergi Alur*                                                                                                   PT Petrosindo Investama Sinergi*


    Perusahaan memiliki 99,00% saham PT Petrosindo Sinergi Alur secara tidak langsung melalui                                     Perusahaan memiliki 99,00% saham PT Petrosindo Investama Sinergi secara tidak langsung melalui
    PT Petrosea Engineering Procurement Construction, yang dimiliki oleh Perusahaan sebesar 99,99%                                PT Petrosea Infrastruktur Indonesia, yang dimiliki oleh Perusahaan sebesar 99,99%
    The Company indirectly owns 99.00% of the shares in PT Petrosindo Sinergi Alur through                                        The Company indirectly owns 99.00% of the shares in PT Petrosindo Investama Sinergi through
    PT Petrosea Engineering Procurement Construction, a subsidiary 99.99% owned by the Company                                    PT Petrosea Infrastruktur Indonesia, a subsidiary 99.99% owned by the Company



    Kepemilikan Saham            PT Petrosea Engineering Procurement Construction (99,00%)                                        Kepemilikan Saham            PT Petrosea Infrastruktur Indonesia (99,00%)
    Share Ownership              PT Rekakarsa Karya Nusantara (1,00%)                                                             Share Ownership              PT Rekakarsa Karya Nusantara (1,00%)


    Bidang Usaha                 Aktivitas keuangan dan asuransi; dan aktivitas profesional, ilmiah dan teknis                    Bidang Usaha                 Aktivitas perusahaan holding, konsultasi manajemen dan perdagangan besar
    Business Field               Financial and insurance activities; and professional, scientific, and technical activities       Business Field               Holding company activities, management consulting and wholesale trade


    Status Operasi               Tahap awal operasional                                                                           Status Operasi               Tahap awal operasional
    Operational Status           Early operational stage                                                                          Operational Status           Early operational stage



    Alamat                       Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63                                         Alamat                       Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
    Address                      Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410                                Address                      Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




* Didirikan pada Februari 2026                                                                                                * Didirikan pada Februari 2026
* Established in February 2026                                                                                                * Established in February 2026




    PT Petrosindo Sinergi Samudera*


    Perusahaan memiliki 99,00% saham PT Petrosindo Sinergi Samudera secara tidak langsung melalui
    PT Petrosea Engineering Procurement Construction, yang dimiliki oleh Perusahaan sebesar 99,99%
    The Company indirectly owns 99.00% of the shares in PT Petrosindo Sinergi Samudera through
    PT Petrosea Engineering Procurement Construction, a subsidiary 99.00% owned by the Company



    Kepemilikan Saham            PT Petrosea Engineering Procurement Construction (99,00%)
    Share Ownership              PT Rekakarsa Karya Nusantara (1,00%)


    Bidang Usaha                 Aktivitas keuangan dan asuransi; dan aktivitas profesional, ilmiah dan teknis
    Business Field               Financial and insurance activities; and professional, scientific, and technical activities


    Status Operasi               Tahap awal operasional
    Operational Status           Early operational stage



    Alamat                       Wisma Barito Pacific Jl. Let. Jend. S. Parman Kav. 62-63
    Address                      Kelurahan Slipi, Kecamatan Palmerah, Jakarta Barat, Jakarta 11410




* Didirikan pada Februari 2026
* Established in February 2026




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      Company Profile                                                                    Company Profile




Daftar Keanggotaan Asosiasi Industri
Membership in Industrial Associations

                 Asosiasi Jasa Pertambangan         Asosiasi Pengusaha Indonesia
                 Indonesia (ASPINDO)                (APINDO)
                 Association of Mining Services     Association of Indonesian
                 Provider of Indonesia              Businesspersons



                 Asosiasi Pertambangan Batu         Masyarakat Ketenagalistrikan
                 bara Indonesia (APBI-ICMA)         Indonesia (MKI)
                 Association of Coal Mining         Indonesian Electricity Society
                 Companies of Indonesia


                 Gabungan Perusahaan Nasional
                                                    Asosiasi Kontraktor Indonesia
                 Rancang Bangun Indonesia
                                                    (AKI)
                 (GAPENRI)
                                                    Association of Contractors
                 Association of Indonesian
                                                    of Indonesia
                 National Contracting Companies



                 Perkumpulan Pusat Logistik
                 Berikat Indonesia (PPLBI)          Indonesian Mining
                 Bonded Logistics Centers           Association (IMA)
                 of Indonesia




                                                    Kamar Dagang dan Industri
                 Indonesia Corporate Secretary      (KADIN)
                 Association (ICSA)                 Indonesian Chamber of Commerce
                                                    and Industry



                                                    Asosiasi Logistik dan
                 Bursa Efek Indonesia (IDX)         Forwarder Indonesia (ALFI)
                 Indonesian Stock Exchange          Indonesian Logistics and
                                                    Forwarders Association



                                                    Asosiasi Emiten Indonesia
                 Indonesia Business Coalition for
                                                    Indonesian Public Listed
                 Women Empowerment (IBCWE)
                                                    Companies Association




                 Asosiasi Badan Usaha Pelabuhan
                 Indonesia
                 Indonesia Port Business
                 Association




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      Company Profile                                                                                                                                                                                  Company Profile




Profil Dewan Komisaris
                                                                                                                                                                                                       Profil Dewan Komisaris
                                                                                                                                                                                        Profile of the Board of Commissioners


Profile of the Board of Commissioners



                                                                Osman Sitorus                                                                           Osman Sitorus
                                                  Presiden Komisaris merangkap Komisaris Independen                                       Presiden Komisaris merangkap Komisaris Independen
                                            President Commissioner concurrently Independent Commissioner                            President Commissioner concurrently Independent Commissioner


                                       Usia / Age                             Masa Jabatan / Term of office
                                       66                                     2025 -2026
                                                                                                              Pengalaman Kerja                                       Professional Experience
                                       Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship   • Beliau memulai karier sebagai auditor                • Began his career as an auditor in 1986
                                       RUPST/AGMS 21 April 2025               Indonesia                          tahun 1986 dengan bergabung di                         by joining a local public accounting
                                                                                                                 kantor akuntan publik lokal yang                       firm that later became part of Deloitte
                                                                                                                 kemudian menjadi bagian dari                           in Indonesia. From 1995-2006, he
                                                                                                                 Deloitte di Indonesia. Tahun 1995-                     handled clients in various industries,
                                                                                                                 2006, beliau menangani klien di                        including energy & resources,
Pendidikan                                              Education                                                berbagai industri termasuk energy &                    manufacturing, construction,
•     Lulus di bidang Akuntansi, Fakultas               •    Graduated from the Faculty of                       resources, manufaktur, konstruksi,                     shipping & aviation as well as media
      Ekonomi, Universitas Sumatera Utara                    Economics, Universitas Sumatera Utara               shipping & aviation serta media dan                    and telecommunication as an audit
      pada tahun 1986                                        with a major in Accounting in 1986                  telekomunikasi sebagai audit partner.                  partner. From 2006-2016, he led the
•     Chartered Accountant (CA) dari Ikatan             •    Chartered Accountant (CA) from                      Tahun 2006-2016, memimpin Bisnis                       Deloitte Audit Business in Indonesia
      Akuntan Indonesia (IAI)                                the Institute of Indonesia Chartered                Audit Deloitte di Indonesia dan menjadi                and became the Lead Client Service
                                                             Accountants (IAI)                                   Lead Client Service Partner untuk                      Partner for major clients listed on the
•     Certified Public Accountant dari                  •    Certified Public Accountant from the                klien besar yang tercatat di Bursa                     Indonesia Stock Exchange and State-
      Institut Akuntan Publik Indonesia (IAPI)               Indonesian Institute of Certified Public            Efek Indonesia dan Badan Usaha Milik                   Owned Enterprises
                                                             Accountants (IAPI)                                  Negara

Pelatihan dan/atau Pendidikan dalam                     Training and/or Education to Improve                  •   Anggota Asosiasi Profesi Akuntan                   •    Member of the Accountant
Meningkatkan Kompetensi Tahun 2025                      Competency during 2025                                    serta pernah menjabat sebagai Ketua                     Professional Association and served
Mengikuti pelatihan “Sustainability                     Participated in the “Sustainability                       Bidang dan Ketua Forum Akuntan Pasar                    as Head of Division and Chair of the
Reporting: Impact & implementation                      Reporting: Impact & implementation of                     Modal, Ikatan Akuntan Publik Indonesia                  Capital Market Accounting Forum, the
of PSPK 1 & 2 for professionals” yang                   PSPK 1 & 2 for professionals” workshop                    (IAPI)                                                  Indonesian Institute of Certified Public
diselenggarakan oleh IAI & IKAI di                      held by IAI & IKAI at Manhattan Hotel                                                                             Accountants (IAPI)
Manhattan Hotel Jakarta pada tanggal 30                 Jakarta, on 30 September 2025.                        •   Anggota Ikatan Akuntan Indonesia (IAI)             •    Member of the Indonesian Institute
September 2025.                                                                                                   serta pernah menjadi Anggota Dewan                      of Accountants (IAI) and served as a
                                                                                                                  Standar Akuntansi Keuangan                              member of the Financial Accounting
Rangkap Jabatan                                         Concurrent Positions
                                                                                                                                                                          Standard Board
Beliau juga menjabat sebagai Ketua                      He also serves as Chairman of the
Komite Nominasi & Remunerasi                            Nomination & Remuneration Committee
                                                                                                              Hubungan Afiliasi                                      Affiliated Relations
PT Petrosea Tbk sejak Maret 2024,                       at PT Petrosea Tbk since March 2024,
                                                        Member of the Audit, Risk & Compliance                Beliau tidak memiliki hubungan afiliasi                He has no affiliate relations with other
Anggota Komite Audit, Risk & Compliance
                                                        Committee at PT Indika Energy Tbk since               dengan anggota Dewan Komisaris dan                     members of the Board of Commissioners
di PT Indika Energy Tbk sejak 2020,
                                                        2020, President Commissioner and                      anggota Direksi lainnya, serta pemegang                and members of the Board of Directors,
Komisaris Utama merangkap Komisaris
                                                        concurrently Independent Commissioner                 saham utama dan pengendali, baik                       as well as the main and controlling
Independen di PT Mulia Industrindo Tbk
                                                        at PT Mulia Industrindo Tbk since 2020 and            langsung maupun tidak langsung.                        shareholder, both directly or indirectly.
sejak 2020 dan Ketua Komite Audit di
PT Mulia Industrindo Tbk sejak 2020.                    Chairman of the Audit Committee at
                                                        PT Mulia Industrindo Tbk since 2020.


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      Company Profile                                                                                                                                                                         Company Profile



Profil Dewan Komisaris                                                                                                                                                                        Profil Dewan Komisaris
Profile of the Board of Commissioners                                                                                                                                           Profile of the Board of Commissioners




                                                                  Erwin Ciputra                                                                     Erwin Ciputra
                                                                       Komisaris                                                                           Komisaris
                                                                     Commissioner                                                                        Commissioner


                                        Usia / Age                             Masa Jabatan / Term of office
                                        51                                     2023 -2026

                                        Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship
                                        RUPSLB/EGMS 4 Dec 2023                 Indonesia                       Hubungan Afiliasi                                  Affiliated Relations
                                                                                                               Beliau tidak memiliki hubungan afiliasi            He has no affiliate relations with other
                                                                                                               dengan anggota Dewan Komisaris dan                 members of the Board of Commissioners
                                                                                                               anggota Direksi lainnya, serta pemegang            and members of the Board of Directors,
                                                                                                               saham utama dan pengendali, baik                   as well as the main and controlling
Pendidikan                                               Education                                             langsung maupun tidak langsung.                    shareholder, both directly or indirectly.
Sarjana Ekonomi dari Wharton School,                     Bachelor’s degree in Economics from
University of Pennsylvania pada tahun 1996               Wharton School, University of Pennsylvania
                                                         in 1996

Rangkap Jabatan                                          Concurrent Positions
Beliau juga menjabat sebagai Presiden                    He also serves as President Director at
Direktur di PT Chandra Daya Investasi sejak              PT Chandra Daya Investasi since 2023,
2023, Komisaris di PT Barito Renewables                  Commissioner at PT Barito Renewables
Energy Tbk sejak 2023, Komisaris Utama di                Energy Tbk since 2023, President
PT Petrindo Jaya Kreasi Tbk sejak 2022 dan               Commissioner at PT Petrindo Jaya Kreasi
Presiden Direktur di PT Chandra Asri Pacific             Tbk since 2022 and President Director at
Tbk sejak 2011, serta beberapa jabatan di                PT Chandra Asri Pacific Tbk since 2011, as
anak perusahaan.                                         well as several positions in the subsidiaries.

Pengalaman Kerja                                         Professional Experience
•     Direktur di Chandra Asri Trading                   •    Director at Chandra Asri Trading
      Company Pte. Ltd. (2020-2022)                           Company Pte. Ltd.(2020-2022)
•     Presiden Komisaris di PT Synthetic                 •    President Commissioner at
      Rubber Indonesia (2013-2019)                            PT Synthetic Rubber Indonesia
                                                              (2013-2019)
•     Direktur di Altus Capital Pte. Ltd.                •    Director at Altus Capital Pte. Ltd.
      (sekarang Chandra Asri Trading                          (now Chandra Asri Trading Company
      Company Pte. Ltd.) (2010-2018)                          Pte. Ltd.) (2010-2018)
•     Presiden Direktur di PT Chandra Asri               •    President Director at PT Chandra Asri
      (2007-2010)                                             (2007-2010)
•     Wakil Presiden Direktur di PT Chandra              •    Vice President Director at PT Chandra
      Asri (2004-2007)                                        Asri (2004-2007)




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      Company Profile                                                                                                                                                                           Company Profile



Profil Dewan Komisaris                                                                                                                                                                          Profil Dewan Komisaris
Profile of the Board of Commissioners                                                                                                                                             Profile of the Board of Commissioners




                                                         Djauhar Maulidi, S.E., M.BA.                                                        Djauhar Maulidi, S.E., M.BA.
                                                                       Komisaris                                                                           Komisaris
                                                                     Commissioner                                                                        Commissioner


                                        Usia / Age                             Masa Jabatan / Term of office
                                        56                                     2025 -2026
                                                                                                               Pengalaman Kerja                                   Professional Experience
                                        Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship
                                                                                                               •   Komisaris di PT Raharja Energi Cepu            •     Commissioner at PT Raharja Energi
                                        RUPST/AGMS 21 April 2025               Indonesia
                                                                                                                   (2018-2019)                                          Cepu (2018-2019)
                                                                                                               •   Direktur Finance & Administration di           •     Finance & Administration Director at
                                                                                                                   PT Rukun Raharja Tbk (2011-2017)                     PT Rukun Raharja Tbk (2011-2017)
                                                                                                               •   Presiden Direktur di PT Triguna                •     President Director at PT Triguna
                                                                                                                   Internusa Pratama (2010-2017)                        Internusa Pratama (2010-2017)
Pendidikan                                               Education                                             •   Presiden Direktur di PT Toha Sittah            •     President Director at PT Toha Sittah
•     MBA di bidang Energi dari Sekolah                  •    MBA in Energy from the School of                     Salam (2009-2019)                                    Salam (2009-2019)
      Bisnis Manajemen, Institut Teknologi                    Business Management, Institut                    •   Direktur Finance & Business                    •     Finance & Business Development
      Bandung, Jawa Barat pada tahun 2010                     Teknologi Bandung, West Java in 2010                 Development di PT Bumi Hasta Mukti                   Director at PT Bumi Hasta Mukti
•     Sarjana Ekonomi di bidang                          •    Bachelor of Economics majoring in                    (2006-2009)                                          (2006-2009)
      International Trade and Economics dari                  International Trade and Economics                •   Corporate Banking Head di Sumitomo             •     Corporate Banking Head at Sumitomo
      Universitas Padjadjaran, Bandung, Jawa                  from Padjadjaran University, Bandung,                Mitsui Banking Corporation Indonesia                 Mitsui Banking Corporation Indonesia
      Barat pada tahun 1993                                   West Java in 1993                                    (1993-2006)                                          (1993-2006)

Rangkap Jabatan                                          Concurrent Positions
Beliau juga menjabat sebagai Komisaris                   He also serves as President Commissioner              Hubungan Afiliasi                                  Affiliated Relations
di PT Petrosea Infrastruktur Nusantara                   at PT Petrosea Infrastruktur Nusantara                Beliau tidak memiliki hubungan afiliasi            He has no affiliate relations with other
sejak 2024, Presiden Direktur di PT Rukun                since 2024, President Director at                     dengan anggota Dewan Komisaris dan                 members of the Board of Commissioners
Raharja Tbk sejak 2017, Presiden Komisaris               PT Rukun Raharja Tbk since 2017, President            anggota Direksi lainnya, serta pemegang            and members of the Board of Directors,
di PT Energasindo Heksa Karya sejak 2017,                Commissioner at PT Energasindo Heksa                  saham utama dan pengendali, baik                   as well as the main and controlling
Presiden Komisaris di PT Triguna Internusa               Karya since 2017, President Commissioner              langsung maupun tidak langsung.                    shareholder, both directly or indirectly.
Pratama sejak 2017 dan Direktur di                       at PT Triguna Internusa Pratama since 2017
PT Sentosa Bersama Mitra sejak 2015.                     and Director at PT Sentosa Bersama Mitra
                                                         since 2015.




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      Company Profile                                                                                                                                                                       Company Profile



Profil Dewan Komisaris                                                                                                                                                                      Profil Dewan Komisaris
Profile of the Board of Commissioners                                                                                                                                         Profile of the Board of Commissioners




                                                        Prof. Ginandjar Kartasasmita                                                        Prof. Ginandjar Kartasasmita
                                                                       Komisaris                                                                       Komisaris
                                                                     Commissioner                                                                    Commissioner


                                        Usia / Age                             Masa Jabatan / Term of office
                                        84                                     2023 -2026
                                                                                                               Bidang Ilmu Manajemen dan Ilmu Sosial          since 2006, Lecturer of the Doctorate
                                        Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship   Universitas Pasundan Bandung sejak 2008,       Program in Management and Social
                                        RUPSLB/EGMS 4 Dec 2023                 Indonesia                       Ketua Dewan Kehormatan Palang Merah            Science at Bandung Pasundan University
                                                                                                               Indonesia (PMI) periode 2024-2029 dan          since 2008, Chairman of the Honorary
                                                                                                               Ketua Dewan Pengawas pada Koperasi             Council of the Indonesian Red Cross (PMI)
                                                                                                               Simpan Pinjam Nusantara Pos (Kopnuspos)        for the 2024-2029 period and Chairman of
                                                                                                               sejak 2022.                                    the Supervisory Board at Koperasi Simpan
Pendidikan                                               Education                                                                                            Pinjam Nusantara Pos (Kopnuspos) since
•     Institut Teknologi Bandung tahun                   •    Bandung Institute of Technology in                                                              2022.
      1959-1960                                               1959-1960
•     Sarjana Teknik Kimia dari Tokyo                    •    Bachelor of Chemical Engineering                 Pengalaman Kerja                               Professional Experience
      University for Agriculture and                          from Tokyo University for Agriculture            •   Karier dalam dunia akademik, Dosen         •     His career in academia, Senior
      Technology, Chemical Engineering                        and Technology, Chemical Engineering                 Senior Program Pasca Sarjana Institut            Lecturer for the Postgraduate Program
      tahun 1960-I965                                         in 1960-I965                                         Teknologi Bandung (ITB) tahun 1995-              at the Bandung Institute of Technology
•     Sarjana Administrasi Negara pada                   •    Bachelor of State Administration from                1998, Senior Fellow tahun 2000-                  (ITB) in 1995-1998, Senior Fellow in
      Sekolah Tinggi Ilmu Administrasi (STIA)                 Sekolah Tinggi Ilmu Administrasi (STIA)              2001 dan Visiting Scholar tahun                  2000-2001 and Visiting Scholar in
      LAN tahun 1970-1980                                     LAN in 1970-1980                                     2001-2003 di Weatherhead Center                  2001-2003 at Weatherhead Center
•     Doktor HC dari Takushoku University                •     Honorary Doctorate from Takushoku                   for International Affairs, Harvard               for International Affairs, Harvard
      di Jepang dan Northeastern University                   University in Japan and Northeastern                 University, Boston, Amerika Serikat,             University, Boston, United States of
      Amerika Serikat pada tahun 1995,                        University, United States of America in              Profesor di Institute of Asia-Pacific            America, Professor at the Institute of
      Universitas Gadjah Mada tahun 1995,                     1995, Gadjah Mada University in 1995,                Studies, Graduate School of Asia-                Asia-Pacific Studies, Graduate School
      dan Tokyo University for Agriculture                    and Tokyo University for Agriculture                 Pacific Studies, Waseda University,              of Asia-Pacific Studies, Waseda
      and Technology, Tokyo tahun 2005                        and Technology, Tokyo in 2005                        Tokyo, Jepang tahun 2004-2011,                   University, Tokyo, Japan in 2004-2011,
•     Guru Besar Ilmu Administrasi dari                  •    Professor of Administrative Science                  Dosen Linkage Master Program                     Lecturer of Linkage Master Program
      Universitas Brawijaya tahun 1996                        from Brawijaya University in 1996                    (Double Degree) FIA-UNIBRAW and                  (Double Degree) at FIA-UNIBRAW and
•     Doktor Bidang Government dari                      •    Doctor of Government from the                        Japanese Universities tahun 2006-                Japanese Universities in 2006-2009,
      National Graduate Institute for Policy                  National Graduate Institute for Policy               2009 sekaligus Dosen Program Doktor              while also Lecturer of the Doctorate
      Studies (GRIPS) tahun 2016                              Studies (GRIPS) in 2016                              Bidang Ilmu Administrasi Universitas             Program in Administrative Science at
                                                                                                                   Brawijaya Kampus Jakarta hingga tahun            the University of Brawijaya, Jakarta
Rangkap Jabatan                                          Concurrent Positions                                      2010, Dosen Program Doktor Bidang                Campus until 2010, Lecturer of the
Beliau juga menjabat sebagai Ketua                       He also serves as Chairman of the Board of                Ilmu Manajemen dan Bidang Ilmu Sosial            Doctorate Program in Management
Dewan Pembina Persaudaraan Bela Diri                     Trustees of the Indonesian Shorinji Kempo                 Universitas Pasundan tahun 2008                  and Social Science at Pasundan
Shorinji Kempo Indonesia (Perkemi) sejak                 Martial Arts Fraternity (Perkemi) since                   hingga sekarang, Visiting Professor              University from 2008 until now, Visiting
1966, Pendiri & Pembina SMA Dwiwarna,                    1996, Founder & Chairman of the Board                     di National Graduate Institute for               Professor at the National Graduate
Bogor, Jawa Barat sejak 1998, Ketua                      of Dwiwarna High School, Bogor, West                      Policy Study, Tokyo, Jepang 2012-                Institute for Policy Study, Tokyo,
Perhimpunan Persahabatan Indonesia-                      Java since 1998, Chairman of Perhimpunan                  2020, Administrative Councilor pada              Japan in 2012-2020, Administrative
Jepang sejak 2006, Dosen Program Doktor                  Persahabatan Indonesia-Jepang                             Universitas Hiroshima Jepang tahun               Councilor at the Hiroshima University,


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      Company Profile                                                                                                                                                                       Company Profile



Profil Dewan Komisaris                                                                                                                                                                      Profil Dewan Komisaris
Profile of the Board of Commissioners                                                                                                                                         Profile of the Board of Commissioners




                                        Prof. Ginandjar Kartasasmita                                                                    Prof. Ginandjar Kartasasmita
                                                   Komisaris                                                                                           Komisaris
                                                 Commissioner                                                                                        Commissioner




      2015-2022 serta diangkat sebagai                          Japan in 2015-2022 as well as                 Bidang Ekonomi, Keuangan                              Financial and Industrial Affairs and
      Special Advisor tahun 2022-2023                           appointed as Special Advisor in 202           dan Industri (Ekuin) merangkap                        also Head of Bappenas for Kabinet
                                                                2-2023                                        sebagai Kepala Bappenas Kabinet                       Pembangunan VII in March until May
                                                                                                              Pembangunan VII, bulan Maret                          1998. Reappointed as Coordinating
•     Karier di militer, diawali dari pangkat             •     His career in the military, began from
                                                                                                              sampai Mei 1998. Diangkat kembali                     Minister for Economic, Finansial and
      Letnan Satu TNI AU pada tahun 1966                        Letnan Satu TNI AU in 1966 and retired
                                                                                                              sebagai Menteri Koordinator Bidang                    Industrial Affairs in 1998-1999. Member
      dan pensiun sebagai Marsekal Madya                        as Marsekal Madya TNI AU in 1996
                                                                                                              Ekuin 1998-1999. Anggota Dewan                        of the Presidential Advisory Council
      TNI AU pada tahun 1996
                                                                                                              Pertimbangan Presiden dalam Kabinet                   for Kabinet Indonesia Bersatu under
•     Karier di pemerintahan, Sekretariat                 •     His career in the government, Cabinet         Indonesia Bersatu di bawah Presiden                   President Susilo Bambang Yudhoyono
      Kabinet: Kepala Bagian Penelitian                         Secretary: Head of Research Section           Susilo Bambang Yudhoyono tahun                        in 2010-2014
      pada Biro Analisa dan Perundang-                          at Bureau of Analysis and Legislation         2010-2014
      undangan tahun 1968-1971, Kepala                          1968-1971, Head of Evaluation
                                                                                                          •   Karier di bidang legislatif, Anggota            •     His legislative career, Member of
      Bagian Evaluasi pada Biro Kerjasama                       Section at the Foreign Technical
                                                                                                              (Fraksi ABRI) Majelis Permusyawaratan                 (Fraksi ABRI) Majelis Permusyawaratan
      Teknik Luar Negeri tahun 1971-1972 dan                    Cooperation Bureau in 1971-1972
                                                                                                              Rakyat (MPR) tahun 1982-1996 sebagai                  Rakyat (MPR) in 1982-1996 as Head
      Kepala Bagian Antarnegara pada Biro                       and Head of Interstate Section at
                                                                                                              Ketua PAH I (GBHN) Badan Pekerja                      of PAH I (GBHN) Badan Pekerja
      Kerjasama Teknik Luar Negeri tahun                        the Foreign Technical Cooperation
                                                                                                              MPR tahun 1987-1991 dan sebagai                       MPR in 1987-1991 and as Head of
      1972-1976, Asisten Sekretaris Negara                      Bureau in 1972-1976. Assistant
                                                                                                              Ketua Komisi A (GBHN) Sidang Umum                     Komisi A (GBHN) Sidang Umum
      Urusan Administrasi Pemerintahan                          Secretary of State for Government
                                                                                                              MPR tahun 1982-1986. Anggota                          MPR in 1982-1986. Member of
      tahun 1976-1978, Asisten Menteri/                         Administration Affairs in 1976-1978,
                                                                                                              Majelis Permusyawaratan Rakyat                        Majelis Permusyawaratan Rakyat
      Sekretaris Negara Urusan Administrasi                     Assistant Minister/Secretary of State
                                                                                                              (MPR) sebagai Ketua Fraksi Karya                      (MPR) as Chairman of Fraksi Karya
      Pemerintahan dan Administrasi                             for Government Administration Affairs
                                                                                                              Pembangunan tahun 1997-1998. Wakil                    Pembangunan in 1997-1998. Vice
      Pemerintahan Non Departemen                               and Non-Departmental Government
                                                                                                              Ketua MPR tahun 1999-2004. Ketua                      Chairman of MPR 1999-2004.
      tahun 1978-1983, Anggota dan Wakil                        Administration in 1978-1983,
                                                                                                              Dewan Perwakilan Daerah (DPD) tahun                   Chairman of Dewan Perwakilan Daerah
      Ketua Tim Pengendali Pengadaan                            Member and Deputy Chairman of the
                                                                                                              2004-2009                                             (DPD) in 2004-2009
      Barang Peralatan Pemerintah tahun                         Government Equipment Procurement
      1980-1988. Menteri Muda Urusan                            Control Team in 1980-1988, Junior         •   Karier di bidang sosial kemanusiaan,            •     His career in social humanity,
      Peningkatan Penggunaan Produksi                           Minister for Increasing Use of Domestic       Pelaksana Harian Ketua Umum Palang                    Pelaksana Harian Ketua Umum of
      Dalam Negeri Kabinet Pembangunan                          Production for Kabinet Pembangunan            Merah Indonesia (PMI) tahun 2014-                     the Indonesian Red Cross (PMI) in
      IV tahun 1983-1988, merangkap                             IV in 1983-1998, as well as Head of           2019 dan Wakil Ketua Palang Merah                     2014-2019 and Vice Chairman of the
      Ketua Badan Koordinasi Penanaman                          the Investment Coordinating Board             Indonesia (PMI) tahun 2019-2024                       Indonesian Red Cross (PMI) in 2019-
      Modal tahun 1985- 1988, Menteri                           in 1985-1998. Minister of Mining and                                                                2024
      Pertambangan dan Energi Kabinet                           Energy for Kabinet Pembangunan V          •   Karier di badan kerjasama                       •     His career in international cooperation
      Pembangunan V tahun 1988-1993                             in 1988-1993 and State Minister for           internasional, Anggota Dewan                          agencies, Member of the International
      dan Menteri Negara Perencanaan                            National Development Planning /               Penasihat Internasional, Japan                        Advisory Council, Japan International
      Pembangunan Nasional / Ketua                              Chairman of Bappenas for Kabinet              International Cooperation Agency                      Cooperation Agency (JICA) from 2018
      Bappenas Kabinet Pembangunan VI                           Pembangunan VI in 1993-1998.                  (JICA) tahun 2018 sampai bulan Maret                  to March 2023 and Advisor to Japan
      tahun 1993-1998. Menteri Koordinator                      Coordinating Minister for Economic,           2023 dan Penasihat pada Japan                         Overseas Infrastructure Investment


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Profil Dewan Komisaris
Profile of the Board of Commissioners




                                        Prof. Ginandjar Kartasasmita
                                                   Komisaris
                                                 Commissioner




      Overseas Infrastructure Investment                        Corporation for Transport and Urban
      Corporation for Transport and Urban                       Development (JOIN), Japan in
      Development (JOIN), Jepang tahun                          2018-2023
      2018-2023

•     Berbagai penghargaan dan tanda                      •     Received various awards and honors
      jasa/kehormatan dari Pemerintah                           from the Indonesian Government and
      RI dan negara-negara sahabat, di                          other friendly countries, including:
      antaranya: Bintang Republik Indonesia                     Bintang Republik Indonesia Utama
      Utama (1998), Bintang Swa Bhuwana                         (1998), Bintang Swa Bhuwana Paksa
      Paksa Pratama (1996) Bintang Yudha                        Pratama (1996) Bintang Yudha Dharma
      Dharma Pratama (1995), Bintang                            Pratama (1995), Bintang Legiun Veteran
      Legiun Veteran RI (1993), Bintang Swa                     RI (1993), Bintang Swa Bhuwana Paksa
      Bhuwana Paksa Nararya (1992) dan                          Nararya (1992) and Bintang Mahaputera
      Bintang Mahaputera Adipradana (1987).                     Adipradana (1987). Order of Kuwait
      Order of Kuwait Fourth Class (1978),                      Fourth Class (1978), Third Class of the
      Third Class of the Order of the Republic                  Order of the Republic from Egypt
      dari Mesir (1978), Ordre National du                      (1978), Ordre National du Merite dari
      Merite dari Perancis (1987), Order of                     France (1987), Order of Diplomatic
      Diplomatic Service Merit Gwang Hwa                        Service Merit Gwang Hwa Medal dari
      Medal dari Republik Korea (1988),                         the Korean Republic (1988), Orden
      Orden del Libertador Grand Cordon                         del Libertador Grand Cordon from
      dari Venezuela (1988), Grosse Goldene                     Venezuela (1988), Grosse Goldene
      Ehrenzeichen (Commander’s Cross)                          Ehrenzeichen (Commander’s Cross)
      dari Austria (1986), dan yang terakhir                    from Austria (1986), as well as The
      The Grand Cordon of the Order of the                      Grand Cordon of the Order of the
      Rising Sun dari Kaisar Jepang (2008)                      Rising Sun by the Emperor of Japan
                                                                (2008)



Hubungan Afiliasi                                         Affiliated Relations
Beliau tidak memiliki hubungan afiliasi                   He has no affiliate relations with other
dengan anggota Dewan Komisaris dan                        members of the Board of Commissioners
anggota Direksi lainnya, serta pemegang                   and members of the Board of Directors,
saham utama dan pengendali, baik                          as well as the main and controlling
langsung maupun tidak langsung.                           shareholder, both directly or indirectly.




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Profil Dewan Komisaris                                                                                                                                                                        Profil Dewan Komisaris
Profile of the Board of Commissioners                                                                                                                                           Profile of the Board of Commissioners




                                                      Jenderal Pol. (Purn.) Drs. Sutanto                                                  Jenderal Pol. (Purn.) Drs. Sutanto
                                                                       Komisaris                                                                           Komisaris
                                                                     Commissioner                                                                        Commissioner


                                        Usia / Age                             Masa Jabatan / Term of office
                                        75                                     2025 -2026
                                                                                                               Hubungan Afiliasi                                  Affiliated Relations
                                        Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship
                                                                                                               Beliau tidak memiliki hubungan afiliasi            He has no affiliate relations with other
                                        RUPST/AGMS 21 April 2025               Indonesia
                                                                                                               dengan anggota Dewan Komisaris dan                 members of the Board of Commissioners
                                                                                                               anggota Direksi lainnya, serta pemegang            and members of the Board of Directors,
                                                                                                               saham utama dan pengendali, baik                   as well as the main and controlling
                                                                                                               langsung maupun tidak langsung.                    shareholder, both directly or indirectly.

Pendidikan                                               Education
•     Lemhanas pada tahun 2000                           •    Lemhanas in 2000
•     SESPIMPOL, Lembang Bandung pada                    •    SESPIMPOL, Lembang Bandung in
      tahun 1990                                              1990
•     Perguruan Tinggi Ilmu Kepolisian (PTIK)            •    Perguruan Tinggi Ilmu Kepolisian (PTIK)
      pada tahun 1983                                         in 1983
•     Akabri Kepolisian pada tahun 1973                  •    Akabri Kepolisian in 1973

Rangkap Jabatan                                          Concurrent Positions
Beliau juga menjabat sebagai Komisaris                   He also serves as President Commissioner,
Utama, Komisaris Independen dan                          Independent Commissioner and
Komisaris di beberapa badan usaha                        Commissioner at several entities in the
berbentuk perseroan terbatas.                            form of limited liability companies.

Pengalaman Kerja                                         Professional Experience
•     Kepala Badan Intelijen Negara Republik             •    Kepala Badan Intelijen Negara
      Indonesia (2010-2011)                                   Republik Indonesia (2010-2011)
•     Kapolri (2005-2008)                                •    Kapolri (2005-2008)
•     Kepala Pelaksana Harian Badan                      •    Kepala Pelaksana Harian Badan
      Narkotika Nasional                                      Narkotika Nasional
      (Februari 2005-Juli 2005)                               (Februari 2005-Juli 2005)
•     Kepala Lembaga Pendidikan &                        •    Kepala Lembaga Pendidikan &
      Latihan Polri (2002-2005)                               Latihan Polri (2002-2005)
•     Kapolda Jawa Timur (2000-2002)                     •    Kapolda Jawa Timur (2000-2002)
•     Kapolda Sumatera Utara (2000)                      •    Kapolda Sumatera Utara (2000)




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Profil Dewan Komisaris                                                                                                                                                                       Profil Dewan Komisaris
Profile of the Board of Commissioners                                                                                                                                          Profile of the Board of Commissioners




                                                 Dr. Setia Untung Arimuladi, S.H., M.Hum.                                              Dr. Setia Untung Arimuladi, S.H., M.Hum.
                                                                 Komisaris Independen                                                               Komisaris Independen
                                                              Independent Commissioner                                                           Independent Commissioner


                                        Usia / Age                             Masa Jabatan / Term of office
                                        64                                     2025 -2026
                                                                                                               •   Kepala Biro Umum pada Jaksa Agung            •    Kepala Biro Umum at Jaksa Agung
                                        Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship       Muda Pembinaan Kejaksaan Agung                    Muda Pembinaan Kejaksaan Agung
                                        RUPST/AGMS 21 April 2025               Indonesia                           Republik Indonesia (2015)                         Republik Indonesia (2015)
                                                                                                               •   Kepala Kejaksaan Tinggi Riau (2014)          •    Kepala Kejaksaan Tinggi Riau (2014)
                                                                                                               •   Kapuspenkum Kejaksaan Agung                  •    Kapuspenkum Kejaksaan Agung
                                                                                                                   Republik Indonesia (2012)                         Republik Indonesia (2012)
                                                                                                               •   Asisten Khusus Jaksa Agung Republik          •    Asisten Khusus Jaksa Agung Republik
                                                                                                                   Indonesia di Kejaksaan Agung Republik             Indonesia at Kejaksaan Agung Republik
Pendidikan                                                Education                                                Indonesia (2011)                                  Indonesia (2011)
•     Doktor Ilmu Hukum dari Universitas                  •   Doctor of Law Sciences from the
      Diponegoro, Semarang tahun 2024                         University of Diponegoro, Semarang in
                                                              2024                                             Hubungan Afiliasi                                Affiliated Relations
•     Pasca Sarjana Hukum dari Universitas                •   Master of Law from the University of             Beliau tidak memiliki hubungan afiliasi          He has no affiliate relations with other
      Parahyangan, Bandung pada tahun                         Parahyangan, Bandung in 2004                     dengan anggota Dewan Komisaris dan               members of the Board of Commissioners
      2004                                                                                                     anggota Direksi lainnya, serta pemegang          and members of the Board of Directors,
•     Sarjana Hukum dari Universitas Islam                •   Bachelor of Law from the University of           saham utama dan pengendali, baik                 as well as the main and controlling
      Nusantara, Bandung pada tahun 1980                      Islam Nusantara, Bandung in 1980                 langsung maupun tidak langsung.                  shareholder, both directly or indirectly.


Rangkap Jabatan                                           Concurrent Positions
Tidak memiliki rangkap jabatan di                         Does not serve concurrent positions in
perusahaan lain.                                          other companies.

Pengalaman Kerja                                          Professional Experience
•     Wakil Jaksa Agung Republik Indonesia                •   Wakil Jaksa Agung Republik Indonesia
      (Mei 2020 sampai dengan Januari                         (May 2020 until January 2022)
      2022)
•     Kepala Badan Diklat Kejaksaan                       •   Kepala Badan Diklat Kejaksaan
      Republik Indonesia (2017)                               Republik Indonesia (2017)
•     Sekretaris Jaksa Agung Muda Bidang                  •   Sekretaris Jaksa Agung Muda Bidang
      Intelijen (2017)                                        Intelijen (2017)
•     Kepala Kejaksaan Tinggi Jawa Barat                  •   Kepala Kejaksaan Tinggi Jawa Barat
      (2016)                                                  (2016)




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Profil Direksi
                                                                                                                                                                                                         Profil Direksi
                                                                                                                                                                                      Profile of the Board of Directors


Profile of the Board of Directors



                                                                  Michael                                                                               Michael
                                                               Presiden Direktur
                                                                                                                                                  Presiden Direktur
                                                               President Director
                                                                                                                                                  President Director


                                    Usia / Age                               Masa Jabatan / Term of office
                                    37                                       2023 -2026

                                    Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship   Pengalaman Kerja                                  Professional Experience
                                    RUPSLB/EGMS 4 Dec 2023                   Indonesia
                                                                                                             •   Direktur Utama di anak perusahaan             •       President Director at a subsidiary of
                                                                                                                 PT Mitra Pinasthika Mustika Tbk                       PT Mitra Pinasthika Mustika Tbk
                                                                                                                 (2017-2018)                                           (2017-2018)
                                                                                                             •   Memulai kariernya sebagai konsultan           •       Began his career as a consultant
                                                                                                                 di Skha Management Consulting                         at Skha Management Consulting
Pendidikan                                           Education
                                                                                                                 (2011-2017)                                           (2011-2017)
•   Magister Manajemen dari Universitas              •    Master’s in Management from
    Prasetiya Mulya pada tahun 2012                       Prasetiya Mulya University in 2012
•   Sarjana Teknik dari Universitas Katolik          •    Bachelor’s degree in Engineering from              Hubungan Afiliasi                                 Affiliated Relations
    Parahyangan pada tahun 2010                           Parahyangan Catholic University in
                                                                                                             Beliau memiliki hubungan afiliasi dalam           He has affiliate relations in terms of holding
                                                          2010
                                                                                                             hal jabatan sebagai Direktur di pemegang          the position as Director indirectly in the
                                                                                                             saham utama dan/atau pengendali, baik             majority shareholder and/or controlling
Rangkap Jabatan                                      Concurrent Positions
                                                                                                             langsung maupun tidak langsung.                   shareholders.
Beliau juga menjabat sebagai Direktur                He also serves as President Director at
Utama di PT Petrosea Engineering                     PT Petrosea Engineering Procurement
Procurement Construction sejak 2025,                 Construction since 2025, President
Direktur Utama di PT Karya Bhumi Lestari             Director at PT Karya Bhumi Lestari since
sejak 2024, Komisaris Utama di PT POSB               2024, President Commissioner at
Infrastructure Indonesia sejak 2024,                 PT POSB Infrastructure Indonesia since
Komisaris Utama di PT Kemilau Mulia Sakti            2024, President Commissioner at
sejak 2024, Komisaris Utama di PT Cristian           PT Kemilau Mulia Sakti since 2024,
Eka Pratama sejak 2024, Direktur Utama               President Commissioner at PT Cristian Eka
di PT Petrosea Infrastruktur Nusantara               Pratama since 2024, President Director at
sejak 2024, Komisaris Utama di PT Lintas             PT Petrosea Infrastruktur Nusantara since
Kelola Berlaba sejak 2024, Direktur Utama            2024, President Commissioner at PT Lintas
di PT Usaha Berlayar Lancar sejak 2024,              Kelola Berlaba since 2024, President
Presiden Direktur di PT Petrosea Tbk sejak           Director at PT Usaha Berlayar Lancar since
2023 dan Direktur Utama di PT Petrindo               2024, President Director at PT Petrosea
Jaya Kreasi Tbk sejak 2022.                          Tbk since 2023 and President Director at
                                                     PT Petrindo Jaya Kreasi Tbk since 2022.




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Profile of the Board of Directors                                                                                                                                                          Profile of the Board of Directors




                                         Kartika Hendrawan
                                                       Kartika Hendrawan                                                                          Kartika Hendrawan
                                                 Direktur
                                                 Director          Direktur                                                                                 Direktur
                                                                   Director                                                                                 Director


                                    Usia / Age                                Masa Jabatan / Term of office
                                    46                                        2023 -2026
                                                                                                              Pengalaman Kerja                                         Professional Experience
                                    Dasar Penunjukan / Appointment Basis      Kewarganegaraan / Citizenship
                                                                                                              •   CFO Sirclo / Orami (2015-2023)                       •   CFO of Sirclo / Orami (2015-2023)
                                    RUPSLB/EGMS 4 Dec 2023                    Indonesia                       •   Investment Director di PT Eastspring                 •   Investment Director at PT Eastspring
                                                                                                                  Investments Indonesia (2013-2015)                        Investments Indonesia (2013-2015)
                                                                                                              •   Principal di Indies Capital (2008-2013)              •   Principal at Indies Capital (2008-2013)
                                                                                                              •   Investment Banking Associate di                      •   Investment Banking Associate at
                                                                                                                  Citigroup (2007-2008)                                    Citigroup (2007-2008)
Pendidikan                                            Education
                                                                                                              •   Memulai kariernya sebagai Analyst di                 •   Began his career as an Analyst at NERA
•    Master of Business Administration                •     Master of Business Administration                     NERA Economic Consulting                                 Economic Consulting (2001-2005)
     dari Wharton School, University of                     from Wharton School, University of                    (2001-2005)
     Pennsylvania pada tahun 2007                           Pennsylvania in 2007
•    Sarjana Ekonomi dan Informatika dari             •     Bachelor’s degree in Economics and
     Wesleyan University pada tahun 2001                    Computer Science from Wesleyan                    Hubungan Afiliasi                                        Affiliated Relations
                                                            University in 2001
                                                                                                              Beliau memiliki hubungan afiliasi dalam                  He has an affiliate relations in terms of
                                                                                                              hal jabatan sebagai Direktur secara tidak                holding the position as Director indirectly
Rangkap Jabatan                                       Concurrent Positions
                                                                                                              langsung di pemegang saham utama dan/                    in the majority shareholder and/or
Beliau juga menjabat sebagai Komisaris di             He also serves as Commissioner at PT Guna               atau pengendali.                                         controlling shareholders.
PT Guna Darma Integra sejak 2025,                     Darma Integra since 2025, Commissioner
Komisaris di PT Mahaka Industri Perdana               at PT Mahaka Industri Perdana since 2025,
sejak 2025, Direktur di PT Volta Energi               Director at PT Volta Energi Nusantara
Nusantara sejak 2025, Direktur di PT Volta            since 2025, Director at PT Volta Daya
Daya Energi Indonesia sejak 2025, Direktur            Energi Indonesia since 2025, Director at
di PT Petrosea Engineering Procurement                PT Petrosea Engineering Procurement
Construction sejak 2025, Direktur di                  Construction since 2025, Director at
PT Petrindo Jaya Kreasi Tbk sejak 2024,               PT Petrindo Jaya Kreasi Tbk since 2024,
Komisaris di PT Kemilau Mulia Sakti                   Commissioner at PT Kemilau Mulia Sakti
sejak 2024, Komisaris di PT Cristian Eka              since 2024, Commissioner at PT Cristian
Prataama sejak 2024, Direktur di                      Eka Prataama since 2024, Director at
PT Petrosea Infrastruktur Nusantara sejak             PT Petrosea Infrastruktur Nusantara since
2024, Komisaris di PT Rekakarsa Karya                 2024, Commissioner at PT Rekakarsa Karya
Nusantara sejak 2024, Komisaris di                    Nusantara since 2024, Commissioner at
PT Karya Bhumi Lestari sejak 2022, Direktur           PT Karya Bhumi Lestari since 2022, Director
di PT POSB Infrastructure Indonesia sejak             at PT POSB Infrastructure Indonesia since
2021 dan Komisaris Independen di PT BNI               2021 and Independent Commissioner at
Modal Ventura sejak 2022                              PT BNI Modal Ventura since 2022




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                                         Kartika Hendrawan
                                                        Ruddy Santoso                                                                               Ruddy Santoso
                                                 Direktur
                                                                   Direktur                                                                                 Direktur
                                                 Director
                                                                   Director                                                                                 Director


                                    Usia / Age                                Masa Jabatan / Term of office
                                    48                                        2025 -2026
                                                                                                              •   Asset Management Accounting                          •   Asset Management Accounting
                                    Dasar Penunjukan / Appointment Basis      Kewarganegaraan / Citizenship       Manager di PT Petrosea Tbk                               Manager at PT Petrosea Tbk
                                    RUPST/AGMS 21 April 2025                  Indonesia                           (Februari 2013-Januari 2015)                             (February 2013-January 2015)
                                                                                                              •   Accounts Payable Manager di                          •   Accounts Payable Manager at
                                                                                                                  PT Petrosea Tbk                                          PT Petrosea Tbk
                                                                                                                  (Februari 2011-Januari 2013)                             (February 2011-January 2013
                                                                                                              •   Accounting Manager – Mining di                       •   Accounting Manager – Mining at
Pendidikan                                            Education                                                   PT Petrosea Tbk (November                                PT Petrosea Tbk (November
•    Master of Business Administration                •     Master of Business Administration                     2009-Januari 2011)                                       2009-January 2011)
     (MBA) di bidang Teknologi Informasi                    (MBA) in Information Technology from              •   Senior Project Accountant di                         •   Senior Project Accountant at
     dari Universitas Oklahoma City,                        Oklahoma City University, Oklahoma,                   PT Petrosea Tbk (Juli 2008-Oktober                       PT Petrosea Tbk (July 2008-Oktober
     Oklahoma, Amerika Serikat pada tahun                   United States of America in 2003                      2009)                                                    2009)
     2003                                                                                                     •   Project Accountant di PT Petrosea Tbk                •   Project Accountant at PT Petrosea Tbk
•    Sarjana Ekonomi di bidang Akuntansi              •     Bachelor of Economics in Accounting                   (Juli 2007-Juni 2008)                                    (July 2007-June 2008)
     dari Universitas Tarumanagara pada                     from Tarumanagara University in 2001              •   System Implementation Officer di                     •   System Implementation Officer at
     tahun 2001                                                                                                   PT Petrosea Tbk (November 2006-                          PT Petrosea Tbk (November 2006-
                                                                                                                  Juni 2007)                                               June 2007)
Rangkap Jabatan                                       Concurrent Positions                                    •   Financial Controller di PT Mahaka                    •   Financial Controller at PT Mahaka
Beliau juga menjabat sebagai Direktur di              He also serves as Director at                               Industri Perdana (2015-2016)                             Industri Perdana (2015- 2016)
PT Petrosea Engineering Procurement                   PT Petrosea Engineering Procurement                     •   Internal Audit Officer (2005-2006)                   •   Internal Audit Officer (2005-2006)
Construction sejak 2025, Direktur di                  Construction since 2025, Director at                        dan Management Trainee (Februari                         and Management Trainee (February
PT Petrosea Infrastruktur Nusantara                   PT Petrosea Infrastruktur Nusantara since                   2005-Juli 2005) di PT Sarana Titian                      2005-July 2005) at PT Sarana Titian
sejak 2024, Komisaris di PT Rekakarsa                 2024, Commissioner at PT Rekakarsa Karya                    Permata (anak perusahaan Kuok                            Permata (a subsidiary of Kuok Group,
Karya Nusantara sejak 2024, Komisaris                 Nusantara since 2024, Commissioner at                       Group, Malaysia), Jakarta                                Malaysia), Jakarta
di PT Karya Bhumi Lestari sejak 2022                  PT Karya Bhumi Lestari since 2022 and                   •   Assistant Sales & Operational Manager                •   Assistant to Sales & Operational
dan Direktur di PT POSB Infrastructure                Director at PT POSB Infrastructure                          di Expert Computer International, Inc.,                  Manager at Expert Computer
Indonesia sejak 2021.                                 Indonesia since 2021                                        Gardena, California, Amerika Serikat                     International, Inc., Gardena, California,
                                                                                                                  (Februari 2004-Oktober 2004)                             United States of America (February
Pengalaman Kerja                                      Professional Experience                                                                                              2004-October 2004)

•    Financial Controller di PT Petrosea Tbk          •     Financial Controller at PT Petrosea Tbk
                                                                                                              Hubungan Afiliasi                                        Affiliated Relations
     (Februari 2018-September 2022)                         (February 2018-September 2022)
                                                                                                              Beliau tidak memiliki hubungan afiliasi                  He has no affiliate relations with other
•    Corporate Planning Manager di                    •     Corporate Planning Manager at
                                                                                                              dengan anggota Dewan Komisaris dan                       members of the Board of Commissioners
     PT Petrosea Tbk                                        PT Petrosea Tbk
                                                                                                              anggota Direksi lainnya, serta pemegang                  and members of the Board of Directors,
     (Agustus 2015-Januari 2018)                            (August 2015-January 2018)
                                                                                                              saham utama dan pengendali, baik                         as well as the main and controlling
•    COSMO (Corporate Strategy                        •     COSMO (Corporate Strategy
                                                                                                              langsung maupun tidak langsung.                          shareholder, both directly or indirectly.
     Management Office) di PT Petrosea                      Management Office) at PT Petrosea
     Tbk (Februari 2015-Agustus 2015)                       Tbk (February 2015-August 2015)


204      Laporan Tahunan / Annual Report 2025                                                                                                                                                PT Petrosea Tbk 205
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     Profil Perusahaan                                                                                                                                                                          Profil Perusahaan
     Company Profile                                                                                                                                                                             Company Profile



Profil Direksi                                                                                                                                                                                              Profil Direksi
Profile of The Board of Directors                                                                                                                                                       Profile of The Board of Directors




                                                          Meinar Kusumastuti                                                                     Meinar Kusumastuti
                                                                   Direktur                                                                               Direktur
                                                                   Director                                                                               Director


                                    Usia / Age                                Masa Jabatan / Term of office

                                    50                                        2023 -2026
                                                                                                              •   Komisaris di PT Rekakarsa Karya                    •   Commissioner at PT Rekakarsa Karya
                                    Dasar Penunjukan / Appointment Basis      Kewarganegaraan / Citizenship
                                                                                                                  Nusantara (2020-2022)                                  Nusantara (2020-2022)
                                    RUPSLB/EGMS 4 Dec 2023                    Indonesia                       •   Komisaris di PT Karya Bhumi Lestari                •   Commissioner at PT Karya Bhumi
                                                                                                                  (2018-2022)                                            Lestari (2018-2022)
                                                                                                              •   Direktur di PT Kinarya Bangun Sesama               •   Director at PT Kinarya Bangun Sesama
                                                                                                                  (2018-2020)                                            (2018-2020)
                                                                                                              •   Head of Corporate Legal di                         •   Head of Corporate Legal at
Pendidikan                                           Education                                                    PT Petrosea Tbk (2010-2020)                            PT Petrosea Tbk (2010-2020)
Sarjana Hukum dari Universitas Indonesia             Bachelor of Law degree from the University               •   Corporate Secretary di PT Petrosea                 •   Corporate Secretary at PT Petrosea
pada tahun 1998.                                     of Indonesia in 1998.                                        Tbk (2010-2014)                                        Tbk (2010-2014)
                                                                                                              •   Legal Manager di PT Indika Energy Tbk              •   Legal Manager at PT Indika Energy Tbk
Rangkap Jabatan                                      Concurrent Positions                                         (Januari 2008-Juni 2010)                               (January 2008-June 2010)
Beliau juga menjabat sebagai Direktur di             She also serves as Director at PT Kinarya                •   Legal Counsel di PT Bhakti Investama               •   Legal Counsel at PT Bhakti Investama
PT Kinarya Medika Selaras sejak 2025,                Medika Selaras since 2025, Director at                       Tbk (Juli 1999-Desember 2007)                          Tbk (July 1999-December 2007)
Direktur di Petrosea Solutions Pakistan              Petrosea Solutions Pakistan (Private)                    •   Beliau memiliki pengalaman kerja                   •   She has more than 27 years of
(Private) Limited sejak 2025, Direktur di            Limited since 2025, Director at                              di bidang hukum selama lebih dari                      experience in the legal field
PT Petrosea Engineering Procurement                  PT Petrosea Engineering Procurement                          27 tahun
Construction sejak 2025, Direktur di                 Construction since 2025, Director at
PT Petrosea Infrastruktur Nusantara sejak            PT Petrosea Infrastruktur Nusantara since                Hubungan Afiliasi                                      Affiliated Relations
2024, Direktur di PT Lintas Kelola Berlaba           2024, Director at PT Lintas Kelola Berlaba               Beliau tidak memiliki hubungan afiliasi                She has no affiliate relations with other
sejak 2024, Komisaris di PT Kemilau Mulia            since 2024, Commissioner at PT Kemilau                   dengan anggota Dewan Komisaris dan                     members of the Board of Commissioners
Sakti sejak 2024, Komisaris di PT Cristian           Mulia Sakti since 2024, Commissioner                     anggota Direksi lainnya, serta pemegang                and members of the Board of Directors,
Eka Pratama sejak 2024, Komisaris di                 at PT Cristian Eka Pratama since 2024,                   saham utama dan pengendali, baik                       as well as the main and controlling
PT Kinarya Bangun Sesama sejak 2024 dan              Commissioner at PT Kinarya Bangun                        langsung maupun tidak langsung.                        shareholder, both directly or indirectly.
Direktur Utama di PT POSB Infrastructure             Sesama since 2024 and President Director
Indonesia sejak 2021.                                at PT POSB Infrastructure Indonesia since
                                                     2021.

Pengalaman Kerja                                     Professional Experience
•    Wakil Direktur Legal & Communications           •    Vice Director for Legal &
     di PT Petrosea Tbk (2022-2023)                       Communications at PT Petrosea Tbk
                                                          (2022-2023)
•    Komisaris di PT Kinarya Bangun Sesama           •    Commissioner at PT Kinarya Bangun
     (2021–2022)                                          Sesama (2021–2022)
•    Direktur di PT Petrosea Tbk                     •    Director at PT Petrosea Tbk
     (2020-2022)                                          (2020-2022)



206      Laporan Tahunan / Annual Report 2025                                                                                                                                               PT Petrosea Tbk 207
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     Company Profile                                                                                                                                                                          Company Profile



Profil Direksi                                                                                                                                                                                           Profil Direksi
Profile of the Board of Directors                                                                                                                                                     Profile of the Board of Directors




                                                          Iman Darus Hikhman
                                                                   Direktur                                                                    Iman Darus Hikhman
                                                                   Director
                                                                                                                                                        Direktur
                                                                                                                                                        Director
                                    Usia / Age                                Masa Jabatan / Term of office
                                    45                                        2023 -2026

                                    Dasar Penunjukan / Appointment Basis      Kewarganegaraan / Citizenship
                                    RUPSLB/EGMS 4 Dec 2023                    Indonesia                       •   Mine Planning & Development Manager              •   Mine Planning & Development Manager
                                                                                                                  di PT KBB (CCOW) (2010-2012)                         at PT KBB (CCOW) (2010-2012)
                                                                                                              •   Management trainee dan beberapa                  •   Management trainee and several other
                                                                                                                  posisi lainnya (2004-2010)                           positions (2004-2010)
                                                                                                              •   Beliau memiliki pengalaman kerja                 •   He has more than 20 years of
Pendidikan                                           Education                                                    di bidang mining operations selama                   experience in mining operations
                                                                                                                  lebih dari 20 tahun
•    Master of Business Administration dari          •    Master of Business Administration from
     Universitas Gadjah Mada pada tahun                   Gadjah Mada University in 2018
                                                                                                              Hubungan Afiliasi                                    Affiliated Relations
     2018
•    Sarjana Teknik Pertambangan dari                •    Bachelor’s degree in Mining                         Beliau tidak memiliki hubungan afiliasi              He has no affiliate relations with other
     Universitas Islam Bandung pada tahun                 Engineering from University of Islam                dengan anggota Dewan Komisaris dan                   members of the Board of Commissioners
     2004                                                 Bandung in 2004                                     anggota Direksi lainnya, serta pemegang              and members of the Board of Directors,
                                                                                                              saham utama dan pengendali, baik                     as well as the main and controlling
Rangkap Jabatan                                      Concurrent Positions                                     langsung maupun tidak langsung.                      shareholder, both directly or indirectly.

Beliau juga menjabat sebagai Direktur di             He also serves as Director at PT Petrosea
PT Petrosea Infrastruktur Nusantara sejak            Infrastruktur Nusantara since 2024,
2024, Direktur Utama di PT Lintas Kelola             President Director at PT Lintas Kelola
Berlaba sejak 2024 dan Komisaris Utama di            Berlaba since 2024 and President
PT Rekakarsa Karya Nusantara sejak 2024.             Commissioner at PT Rekakarsa Karya
                                                     Nusantara since 2024.

Pengalaman Kerja                                     Professional Experience
•    Direktur di PT Cristian Eka Pratama             •    Director at PT Cristian Eka Pratama
     (2023-2024)                                          (2023-2024)
•    Direktur Mining (non akta) di                   •    Mining Director (non deed) at
     PT Petrosea Tbk (2020-2023)                          PT Petrosea Tbk (2020-2023)
•    Mining General Manager di PT Petrosea           •    Mining General Manager at PT Petrosea
     Tbk (2018-2020)                                      Tbk (2018-2020)
•    Direktur di PT Mahaka Industri Perdana          •    Director at PT Mahaka Industri Perdana
     (2017-2018)                                          (2017-2018)
•    Area Mining Manager di PT Petrosea              •    Area Mining Manager at PT Petrosea
     Tbk (2015-2018)                                      Tbk (2015-2018)
•    Technical Services Manager di                   •    Technical Services Manager at
     PT Petrosea Tbk (2012-2015)                          PT Petrosea Tbk (2012-2015)



208      Laporan Tahunan / Annual Report 2025                                                                                                                                             PT Petrosea Tbk 209
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      Profil Perusahaan                                                                                                                                                                              Profil Perusahaan
      Company Profile                                                                                                                                                                                 Company Profile




Profil Sumber Daya Manusia
                                                                                                                                                                                                 Profil Sumber Daya Manusia
                                                                                                                                                                                                       Human Capital Profile


Human Capital Profile


Pengelolaan sumber daya manusia yang           The management of exceptional human          Dengan membina dan mengembangkan                                     By nurturing our people and providing
unggul merupakan elemen krusial dalam          capital is a crucial element in driving      karyawan kami serta, menyediakan                                     best-in-class benefits consistent with
mendukung inovasi dan mendorong                innovation and fostering the Company’s       manfaat terbaik dikelasnya yang sejalan                              industry standards across our areas of
pertumbuhan berkelanjutan Perusahaan.          sustainable growth. During this period of    dengan standar industri di seluruh wilayah                           operation, Petrosea continues to build a
Dalam fase pertumbuhan yang pesat,             rapid expansion, Petrosea places human       operasional, Petrosea terus membangun                                competent, high-performing workforce
Petrosea menempatkan manajemen                 resource management as a strategic           tenaga kerja yang kompeten dan                                       that plays a vital role in creating value for all
sumber daya manusia sebagai faktor             pillar in maintaining competitiveness,       berkinerja optimal, serta memainkan peran                            stakeholders.
strategis dalam menjaga daya saing,            expanding organizational capacity and        penting dalam memberikan nilai tambah
memperluas kapasitas organisasi dan            ensuring successful execution of its         bagi seluruh pemangku kepentingan.
memastikan keberhasilan ekspansi di            growth initiatives both nationally and
tingkat nasional maupun internasional.         internationally.

Kami berkomitmen untuk memperoleh,             We are committed to attracting,
mengembangkan dan mempertahankan               developing and retaining the best talent              Jumlah Karyawan
talenta terbaik yang sejalan dengan            aligned with our core values. Through                 Number of Employees
nilai-nilai inti perusahaan. Melalui           targeted recruitment strategies,
strategi rekrutmen yang terarah,               continuous competency development
program pengembangan kompetensi                programs and the implementation of a
berkelanjutan, serta penerapan sistem          competitive reward system, Petrosea
reward yang kompetitif, Petrosea               ensures that every individual possesses
memastikan setiap individu memiliki            the capability and resilience to navigate
kemampuan dan ketangguhan untuk                the increasing complexity of our projects.
menghadapi kompleksitas proyek yang
terus berkembang.




                                                                                                                                      5,388                           6.800                           11.271
                                                                                                     Karyawan
                                                                                                     Employee

                                                                                                     Tahun
                                                                                                     Year
                                                                                                                                          2023                            2024                           2025




                                                                                            Keterangan / Notes:
                                                                                            Perbedaan penyajian angka dapat terjadi seiring dengan perbedaan metodologi penyusunan antara Laporan Tahunan dan
                                                                                            Catatan atas Laporan Keuangan
                                                                                            Differences in the presentation of figures may occur due to variations in the methodologies applied in the preparation of the
                                                                                            Annual Report and the Notes to the Financial Statements




210     Laporan Tahunan / Annual Report 2025                                                                                                                                                   PT Petrosea Tbk              211
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      Company Profile                                                                                                                                                              Company Profile



Profil Sumber Daya Manusia                                                                                                                                                     Profil Sumber Daya Manusia
Human Capital Profile                                                                                                                                                               Human Capital Profile




Tahun 2025 menjadi periode penting                     The year 2025 marked a defining             Pertumbuhan organisasi yang                          Sustainable organizational growth is also
dalam perjalanan Petrosea, ditandai                    phase in Petrosea’s growth trajectory,      berkelanjutan turut tercermin pada profil            reflected in the demographic profile of
dengan pertumbuhan bisnis yang kuat                    characterized by strong business            demografi tenaga kerja Petrosea, yang                Petrosea’s workforce, which is currently
dan peningkatan skala operasi di berbagai              expansion and increased operational scale   saat ini didominasi oleh karyawan berusia            dominated by employees in their most
wilayah, baik di dalam maupun luar                     across both domestic and international      produktif. Lebih dari tiga perempat dari             productive years. More than three-quarters
negeri. Total karyawan mencapai 11.271                 markets. The Company’s total workforce      total karyawan berada pada usia produktif,           of our total employees fall within this
orang, meningkat 65,75% dibandingkan                   reached 11,271 employees, representing a    dengan 39,44% di antaranya berusia                   category, with 39.44% aged between
tahun sebelumnya. Pertumbuhan ini                      65.75% increase from the previous year.     20–30 tahun dan 37,13% pada rentang                  20–30 years and 37,13% between
mencerminkan hasil nyata dari strategi                 This growth reflects the tangible results   31–40 tahun. Komposisi ini mencerminkan              31–40 years. This composition underscores
ekspansi yang dijalankan secara disiplin               of Petrosea’s disciplined and sustainable   kekuatan perusahaan dalam membangun                  the Company’s strength in building a
dan berkelanjutan, sekaligus memperkuat                expansion strategy, while strengthening     struktur tenaga kerja yang progresif dan             progressive workforce structure that is
fondasi organisasi untuk menghadapi                    the organizational foundation to meet       siap mendukung ekspansi jangka panjang.              well-positioned to support long-term
peningkatan permintaan di sektor                       rising demand in the mining, energy and                                                          expansion.
pertambangan, energi dan infrastruktur.                infrastructure sectors.
                                                                                                   Kehadiran generasi muda membawa                      The presence of younger generations
                                                                                                   energi baru, semangat inovasi dan                    brings renewed energy, an innovative
Peningkatan kapasitas tenaga kerja                     The expansion of workforce capacity
                                                                                                   kecepatan adaptasi terhadap tantangan                mindset and agility in adapting to industry
bukan sekadar indikator pertumbuhan                    serves not merely as a quantitative
                                                                                                   industri. Sementara itu, tenaga kerja                challenges. Meanwhile, our experienced
kuantitatif, tetapi juga cerminan dari                 achievement, but as evidence of the
                                                                                                   berpengalaman berperan menjaga                       workforce plays a vital role in maintaining
ketahanan, kesiapan dan daya saing                     Company’s resilience, readiness and
                                                                                                   stabilitas, kualitas dan kesinambungan               stability, quality and operational continuity.
perusahaan di tengah dinamika pasar                    competitiveness in an evolving global
                                                                                                   operasional. Sinergi antara keduanya                 The synergy between these two groups
global. Dengan dukungan tim yang                       landscape. Supported by a highly skilled
                                                                                                   menjadikan Petrosea bukan hanya tempat               makes Petrosea not only a place to work,
kompeten dan berpengalaman, Petrosea                   and experienced team, Petrosea continues
                                                                                                   bekerja, tetapi juga ruang untuk tumbuh,             but also a space to grow, contribute and
mampu menjaga keunggulan operasional,                  to uphold operational excellence, ensure
                                                                                                   berkontribusi dan menciptakan nilai                  create broader economic value for society
memastikan keberhasilan setiap proyek,                 the successful delivery of every project
                                                                                                   ekonomi yang lebih luas bagi masyarakat              and all stakeholders.
serta menciptakan nilai berkelanjutan                  and create sustainable value for all
                                                                                                   dan pemangku kepentingan.
bagi seluruh pemangku kepentingan dan                  stakeholders and shareholders.
pemegang saham.
                                                                                                                                  Karyawan Berdasarkan Masa Kerja
                                                                                                                                   Employees based on Years of Service


                                                                                                        Masa Kerja (Tahun)
                                  Karyawan Berdasarkan Usia                                              Years of Service
                                                                                                                                    2025                         2024                   2023
                                         Employees Based on Age
                                                                                                               <1                  6.833                         2.827                  2.173
         Usia (Tahun)
             Age
                                2025                              2024             2023
                                                                                                               1-2                 1.284                          1.321                  725

             <20                 58                                33               23
                                                                                                               2-4                  1.172                         737                    653
           20-30                4.445                             2.149            1.657
                                                                                                               4-6                  453                           589                    767
           31-40                4.185                             2.701            2.233
                                                                                                              6-10                  867                           705                    495
           41-50                2.274                             1.640            1.256

            51-55                275                              232               194                      10-20                  627                           589                    539


             >55                 34                                45               25                         20                    35                            32                    36

            Total               11.271                            6.800            5.388                      Total                11.271                        6.800                  5.388




212     Laporan Tahunan / Annual Report 2025                                                                                                                                  PT Petrosea Tbk       213
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      Company Profile                                                                                                                                                            Company Profile



Profil Sumber Daya Manusia                                                                                                                                                   Profil Sumber Daya Manusia
Human Capital Profile                                                                                                                                                             Human Capital Profile




Struktur masa kerja karyawan pada 2025              The employee tenure structure in 2025         Komposisi tenaga kerja Petrosea                      Petrosea’s workforce composition
mencerminkan dinamika pertumbuhan                   reflects the significant growth dynamics of   masih didominasi oleh karyawan                       remains predominantly male, primarily
Perusahaan yang signifikan. Sebagian                the Company. The majority of Petrosea’s       laki-laki, yang umumnya menempati                    occupying technical and operational roles
besar tenaga kerja Petrosea merupakan               workforce consists of newly recruited         peran teknis dan operasional di berbagai             across the Company’s various projects.
karyawan baru yang direkrut untuk                   employees, hired to support the expansion     proyek Perusahaan. Meskipun demikian,                Nevertheless, Petrosea continues to make
mendukung ekspansi proyek berskala                  of large-scale projects both domestically     Petrosea terus mencatat kemajuan dalam               tangible progress in expanding women’s
besar di dalam dan luar negeri. Sekitar             and internationally. Approximately            memperluas partisipasi perempuan di                  participation across multiple functions
60,62% karyawan memiliki masa kerja                 60.62% of employees have been with            berbagai fungsi dan level organisasi. Pada           and organizational levels. in 2025, the
kurang dari satu tahun, sementara 11,39%            the Company for less than one year, while     tahun 2025, jumlah karyawan perempuan                number of female employees reached
lainnya memiliki masa kerja antara satu             another 11.39% have between one to two        mencapai 536 orang, meningkat 39,22%                 536, marking a 39.22% increase compared
hingga dua tahun. Proporsi ini menegaskan           years of tenure. This proportion highlights   dibandingkan tahun sebelumnya.                       to the previous year. This achievement
percepatan penyerapan tenaga kerja                  the Company’s accelerated workforce           Capaian ini mencerminkan langkah nyata               reflects the Company’s concrete steps
sebagai bagian dari strategi penguatan              absorption as part of its strategy to         Perusahaan dalam memperkuat prinsip                  in reinforcing the principle of equal
kapasitas operasional Perusahaan.                   strengthen operational capacity.              kesetaraan kesempatan dan memastikan                 opportunity and ensuring women’s
                                                                                                  partisipasi perempuan dalam berbagai                 participation in a wide range of strategic
Dominasi tenaga kerja baru yang telah               The predominance of newly onboard             fungsi strategis.                                    functions.
melalui proses pelatihan intensif menjadi           employees who have undergone intensive
indikator kesiapan organisasi dalam                 training serves as a strong indicator of      Kami percaya bahwa keberagaman bukan                 We believe that diversity is not merely
menghadapi pertumbuhan proyek                       the organization’s readiness to manage        sekadar nilai tambah, tetapi sumber                  an added value, but a source of strength
berskala besar. Dengan dukungan                     large-scale project growth. Supported by      kekuatan dalam menghadapi tantangan                  in addressing business challenges and
sistem pengembangan kompetensi yang                 a continuous competency development           bisnis dan mendorong inovasi. Dengan                 driving innovation. By providing equal
berkelanjutan, Petrosea memastikan                  system, Petrosea ensures that every           memberikan ruang yang setara bagi setiap             opportunities for every individual to grow,
bahwa setiap individu yang bergabung                individual joining possesses the capability   individu untuk berkembang, Perusahaan                the Company continues to foster an
memiliki kemampuan dan ketangguhan                  and resilience to effectively support         terus membangun lingkungan kerja yang                inclusive, collaborative and performance-
untuk mendukung operasional secara                  operations while contributing to the          inklusif, kolaboratif dan berorientasi pada          oriented work environment.
efektif, sekaligus berkontribusi terhadap           success of business expansion at both         kinerja.
keberhasilan ekspansi bisnis di tingkat             national and international levels.
nasional maupun internasional.
                                                                                                                              Karyawan Berdasarkan Tingkat Pendidikan
                                                                                                                               Employees Based on Educational Background

                              Karyawan Berdasarkan Jenis Kelamin
                                                                                                              Pendidikan
                                    Employees Based on Gender                                                 Education
                                                                                                                                    2025                        2024                  2023


         Jenis Kelamin                                                                               S2
            Gender
                                2025                       2024                   2023                                               112                         94                    77
                                                                                                     Master

                                                                                                     S1
        Laki-laki / Male       10.735                       6415                  5.078                                            2.140                        1.484                 1.181
                                                                                                     Bachelor

                                                                                                     Diploma
      Perempuan / Female         536                        385                   310                                               578                          417                   364
                                                                                                     Academy

            Total               11.271                     6.800                  5.388              SMA
                                                                                                                                   7.878                       4.355                  3.495
                                                                                                     Senior High School

                                                                                                     Lain-Lain
                                                                                                                                    563                         450                    271
                                                                                                     Other


                                                                                                                 Total             11.271                      6.800                  5.388




214     Laporan Tahunan / Annual Report 2025                                                                                                                                PT Petrosea Tbk       215
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      Company Profile                                                                                                                                                               Company Profile



Profil Sumber Daya Manusia                                                                                                                                                      Profil Sumber Daya Manusia
Human Capital Profile                                                                                                                                                                Human Capital Profile




Keberhasilan Petrosea dalam menjalankan                Petrosea’s success in carrying out              Pertumbuhan bisnis yang pesat                      The rapid business growth throughout
ekspansi bisnis dan menjaga operational                business expansion and maintaining              sepanjang tahun 2025 mendorong                     2025 has driven an increased demand for
excellence ditopang oleh tenaga kerja                  operational excellence is underpinned           peningkatan kebutuhan tenaga kerja                 manpower across all operational lines. The
yang kompeten di bidangnya. Sekitar                    by a highly competent workforce in their        di seluruh lini operasi. Jumlah karyawan           number of non-staff employees rose by
69,90% karyawan merupakan lulusan SMA                  respective fields. Approximately 69.90%         non-staff meningkat sebesar 84,68%                 84.68% compared to the previous year,
yang telah memperoleh pelatihan khusus di              of employees are high school graduates          dibandingkan tahun sebelumnya, seiring             in line with the addition of new projects
bidang jasa pertambangan serta rekayasa                who have received specialized training in       dengan bertambahnya proyek baru                    requiring personnel with strong operational
& konstruksi. Mereka menjadi ujung                     mining services as well as engineering &        yang membutuhkan personel dengan                   skills and extensive field experience. Their
tombak pelaksanaan proyek dan berperan                 construction. They serve as the frontliners     keterampilan operasional dan pengalaman            role is critical in ensuring that project
penting dalam memastikan efisiensi serta               in project execution and play a vital role in   lapangan yang kuat. Peran mereka sangat            activities are executed effectively, safely
kualitas di setiap lokasi kerja.                       ensuring efficiency and quality across all      penting dalam memastikan kegiatan                  and on schedule.
                                                       project sites.                                  proyek berjalan efektif, aman dan tepat
                                                                                                       waktu.
Selain itu, 25,11% karyawan merupakan                  In addition, 25.11% of employees are
lulusan pendidikan tinggi, meliputi                    higher-education graduates—ranging              Sementara itu, jumlah karyawan staff               Meanwhile, the number of staff employees
diploma, sarjana dan jenjang lanjut, yang              from diploma and bachelor’s to advanced         tumbuh sebesar 26,61%, sejalan dengan              grew by 26.61%, reflecting efforts to
berkontribusi pada pengelolaan strategi                degrees—who contribute to business              penguatan kapasitas di organisasi,                 strengthen organizational capacity,
bisnis, pengembangan organisasi dan                    strategy management, organizational             memastikan efisiensi proses dan                    enhance process efficiency and
inovasi proses kerja. Sinergi antara tenaga            development and process innovation. The         mendukung terciptanya tata kelola                  support the establishment of effective
terampil di lapangan dan profesional di                synergy between skilled field workers and       yang efektif. Kombinasi peran keduanya             governance. The combination of both roles
berbagai bidang menjadi fondasi penting                professionals across various disciplines        membentuk sistem kerja yang solid dan              creates a robust and responsive working
bagi Petrosea untuk terus tumbuh sebagai               forms a strong foundation for Petrosea to       responsif terhadap kebutuhan ekspansi              system that supports Petrosea’s expansion
organisasi yang tangguh, adaptif dan                   continue growing as a resilient, adaptive       Petrosea di berbagai wilayah operasi.              across various operational areas.
berdaya saing global.                                  and globally competitive organization.



                                                                                                                                Karyawan Berdasarkan Level Ketenagakerjaan
                             Karyawan Berdasarkan Status Ketenagakerjaan                                                            Employees Based on Level of Employment
                                   Employees Based on Employment Type

                                                                                                             Level Karyawan
       Status Karyawan                                                                                       Employee Level
                                                                                                                                       2025                        2024                  2023
       Employee Status
                                   2025                        2024                    2023


            Staf                                                                                                     I                 8.464                       4.583                 3.465
                                   2.807                       2.217                   1.923
            Staff

          Non Staf                                                                                                  II                  57                           92                   64
                                   8.464                       4.583                  3.465
          Non-staff

                                                                                                                    III                2.550                       1.935                 1.692
            Total                  11.271                      6.800                  5.388

                                                                                                                    IV                 200                          190                   167



                                                                                                                 Total                 11.271                      6.800                 5.388




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      Company Profile                                                                                                                                                  Company Profile




                                                                                              Fungsi Pendukung Bisnis
Profil Sumber Daya Manusia
Human Capital Profile


                                                                                              Business Support Function


Petrosea memiliki tenaga kerja dengan          Petrosea’s workforce encompasses a
peran dan tanggung jawab yang beragam,         diverse range of roles and responsibilities,
mencerminkan kekuatan organisasi yang          reflecting the Company’s organizational
terbangun dari lini operasional hingga         strength across both operational and
kepemimpinan strategis. Karyawan pada          strategic levels. Employees in Levels I and
Golongan I dan II merupakan bagian             II make up the majority of the workforce,
terbesar dari tenaga kerja, berfokus pada      focusing on project execution and
aktivitas operasional dan pelaksanaan          operational activities while maintaining the
proyek di lapangan, serta memastikan           highest standards of safety, efficiency and
bahwa seluruh pekerjaan dijalankan             quality.
dengan standar keselamatan, efisiensi dan
kualitas yang tinggi.

Pada Golongan III dan IV, peran difokuskan     Levels III and IV concentrate on
pada fungsi pengelolaan, pengawasan            management, supervision and
dan koordinasi agar kegiatan operasional       coordination functions to ensure
berjalan efektif di seluruh unit kerja         smooth and effective operations
dan proyek. Sementara pada level               across all projects and business units.
manajerial dan eksekutif, tanggung jawab       At the managerial and executive levels,
meliputi perumusan strategi jangka             responsibilities include shaping
panjang, optimalisasi kinerja organisasi       long-term strategies, optimizing
dan pengembangan arah bisnis yang              organizational performance and driving
berkelanjutan. Keterpaduan peran di            sustainable business direction. The
setiap level mencerminkan kekuatan             alignment of roles across all levels
Petrosea sebagai organisasi yang agile,        demonstrates Petrosea’s strength as an         Human Capital & General Services               Human Capital & General Services
adaptif dan berorientasi pada hasil.           agile, adaptive and performance-driven
                                                                                              Divisi Human Capital & General Services        The Human Capital & General Services
                                               organization.
                                                                                              (HCGS) bertanggung jawab untuk                 (HCGS) Division is responsible for carrying
                                                                                              menjalankan fungsi rekrutmen dengan            out the recruitment function with the
                                                                                              tujuan mendapatkan dan menempatkan             goal of attracting and placing talented
                                                                                              talenta-talenta berbakat sesuai dengan         individuals that are aligned with the
                                                                                              kebutuhan Perusahaan. Divisi HCGS juga         Company’s requirements. The HCGS
                                                                                              fokus pada pembelajaran berkelanjutan          division also focuses on continuous
                                                                                              dan peningkatan kapabilitas di seluruh         learning and capability strengthening
                                                                                              lini organisasi. Oleh karena itu, HCGS         across all levels of the organization.
                                                                                              berkomitmen menciptakan lingkungan             Therefore, HCGS is committed to creating
                                                                                              kerja yang positif untuk mendorong             a positive working environment that
                                                                                              kinerja, inovasi dan pengembangan              fosters performance, innovation and
                                                                                              profesional, di mana setiap karyawan           professional development, in which every
                                                                                              dari non-staff dan staff hingga tingkat        employee, from non-staff and staff to
                                                                                              manajerial mendapatkan kesempatan              managerial levels, has opportunities
                                                                                              untuk upskilling, reskilling dan memperoleh    related to upskilling, reskilling and obtain
                                                                                              sertifikasi profesional, sejalan dengan visi   professional certifications, in alignment
                                                                                              dan misi jangka panjang Perusahaan.            with the Company’s long-term vision and
                                                                                                                                             mission.


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    Company Profile                                                                                                                                               Company Profile



Profil Sumber Daya Manusia                                                                                                                                       Fungsi Pendukung Bisnis
Human Capital Profile                                                                                                                                          Business Support Function




HCGS menekankan pembentukan budaya            HCGS emphasizes the development                Safety, Health & Environment               Safety, Health & Environment
belajar dan pengembangan berkelanjutan        of a learning culture and continuous
                                                                                             Divisi Safety, Health & Environment        The Safety, Health & Environment (SHE)
melalui berbagai program pelatihan dan        improvement through various training
                                                                                             (SHE) bertanggung jawab dalam              division is responsible in ensuring the
pengembangan yang disusun secara              and development programs that are
                                                                                             memastikan pengelolaan Sistem              implementation of the Safety, Health &
strategis untuk mendukung semua tingkat       strategically designed to support
                                                                                             Manajemen Keselamatan Kesehatan Kerja      Environmental Management System at
karyawan:                                     employees at all levels:
                                                                                             & Lingkungan (K3L) di Petrosea. Divisi     Petrosea. This division plays a strategic
• Non-staff: Peningkatan kompetensi inti      • Non-staff: Enhancing core                    ini memainkan peran strategis dalam        role in ensuring that all of the Company’s
  untuk memastikan kualitas operasional         competencies to ensure operational           memastikan seluruh aktivitas operasional   operational activities are conducted in a
  dan efisiensi                                 quality and efficiency                       Perusahaan berjalan dengan aman, sehat     safe, healthy and environmentally friendly
                                                                                             dan ramah lingkungan.                      manner.
• Staff: Penguatan keterampilan teknis,       • Staff: Strengthening technical,
  fungsional dan profesional untuk              functional and professional skills to
                                                                                             Sejalan dengan komitmen Perusahaan         In line with the Company’s commitment to
  mendukung pertumbuhan bisnis dan              support business growth and effective
                                                                                             dalam mewujudkan Target Zero, yaitu        achieving Target Zero, namely zero harm to
  pengambilan keputusan yang efektif            decision-making
                                                                                             zero harm to people, communities & the     people, communities and the environment,
• Manajerial: Pengembangan                    • Managerial: Developing leadership,           environment, divisi SHE berkomitmen        the SHE division is dedicated to fostering
  kepemimpinan, pemikiran strategis             strategic thinking and team management       untuk menciptakan budaya kerja yang        a work culture that prioritizes SHE aspects
  dan kemampuan mengelola tim untuk             capabilities to ensure organizational        mengutamakan aspek K3L sebagai             as the main priority, while promoting
  memastikan kesinambungan organisasi           sustainability                               prioritas utama, serta mendorong           environmental compliance across all
                                                                                             kepatuhan lingkungan di seluruh lini       operational areas through a proactive and
HCGS mendukung penuh program                  HCGS fully supports professional               operasional melalui pendekatan proaktif    collaborative approach.
sertifikasi dan akreditasi profesional        certification and accreditation programs       dan kolaboratif.
bagi seluruh karyawan, baik melalui           for all employees, whether through the
lembaga internal milik Perusahaan             Company’s internal institutions or relevant    Divisi SHE terus memperkuat budaya         The SHE division continuously strengthens
maupun lembaga eksternal yang                 external organizations. This support           keselamatan Perusahaan dengan              the Company’s safety culture by
relevan. Dukungan ini memastikan setiap       ensures that every individual has the          meningkatkan kompetensi personel           enhancing personnel competencies
individu memiliki kesempatan untuk            opportunity to obtain official recognition     melalui berbagai program pembinaan         through various coaching and training
memperoleh pengakuan kompetensi               of their competencies, strength personal       dan pelatihan, serta memastikan setiap     programs, as well as ensures that all
resmi, memperkuat keahlian pribadi            expertise as well as organizational            kegiatan operasional mematuhi peraturan    operational activities strictly comply with
sekaligus kapabilitas organisasi. Semua       capabilities. All of these initiatives         dan prosedur K3L yang berlaku. Divisi      prevailing SHE regulations and procedures.
inisiatif ini membentuk lingkungan belajar    create a dynamic learning environment,         ini aktif berperan dalam peningkatan       This division actively contributes to
yang dinamis, mendorong karyawan untuk        encouraging employees to continuously          berkelanjutan melalui pengukuran           continuous improvement through
terus belajar, berkembang dan unggul,         learn, grow and excel, therefore making        budaya keselamatan, pelaksanaan            safety culture assessments, audits,
sehingga talenta internal menjadi fondasi     internal talent the foundation for             audit, pengukuran dan pengendalian         workplace environmental monitoring and
keberlanjutan dan keunggulan kompetitif       Petrosea’s sustainability and competitive      lingkungan kerja, serta pengelolaan data   control, as well as the management of
Petrosea.                                     excellence.                                    dan memonitor tren kinerja K3L melalui     performance data and monitoring of SHE
                                                                                             platform digital SHEPRO untuk mendukung    performance trends through the SHEPRO
Selain itu, HCGS juga mengelola layanan       In addition, HCGS also oversees                pelaksanaan Sistem Manajemen K3L           digital platform to support the effective
pendukung operasional agar kegiatan           operational support services to ensure         secara efektif.                            implementation of the SHE Management
bisnis berjalan dengan efektif dan efisien    that business activities are carried out                                                  System.
serta sesuai dengan standar Perusahaan.       effectively and efficiently in line with the
                                              Company’s standards.




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    Company Profile                                                                                                                                                        Company Profile



Fungsi Pendukung Bisnis                                                                                                                                                  Fungsi Pendukung Bisnis
Business Support Function                                                                                                                                               Business Support Function




                                                                                              Asset Management                                 Asset Management
                                                                                              Asset Management merupakan divisi yang           Asset Management is a division
                                                                                              bertanggung jawab atas pengelolaan               responsible for managing assets and
                                                                                              aset dan peralatan produksi agar selalu          production equipment to ensure that they
                                                                                              beroperasi secara optimal, aman dan              operate optimally, safely and efficiently
                                                                                              efisien demi mendukung pencapaian                to support the achievement of the
                                                                                              target kinerja Perusahaan.                       Company’s performance targets.

                                                                                              Asset Management mengelola siklus                Asset Management maintains the life cycle
                                                                                              hidup aset Perusahaan untuk mendukung            of Company assets to support operational
                                                                                              operational excellence, mulai dari               excellence, from planning, acquisition,
                                                                                              perencanaan, akuisisi, pengoperasian             operating and maintenance, to disposal.
                                                                                              dan pemeliharaan, hingga pelepasan.              Furthermore, this division also continues
                                                                                              Selain itu, divisi ini juga terus melaksanakan   to conduct various asset utilization and
                                                                                              berbagai inisiatif pemanfaatan aset dan          cost efficiency initiatives to maintain the
                                                                                              efisiensi biaya untuk menjaga kinerja alat       performance of mining and construction
                                                                                              operasional pertambangan dan konstruksi          equipment at all Company projects.
                                                                                              di seluruh proyek Perusahaan.

                                                                                              Sebagai bagian dari komitmen Petrosea            As part of Petrosea’s commitment
                                                                                              dalam pengelolaan aset yang andal dan            to reliable and sustainable asset
                                                                                              berkelanjutan, divisi Asset Management           management, the Asset Management
                                                                                              telah menerapkan sertifikasi ISO 55001           division successfully implemented the ISO
                                                                                              untuk Sistem Manajemen Aset di tiga lokasi       55001 certification for Asset Management
                                                                                              utama, yaitu kantor pusat, proyek Kideco         System at three main locations, namely the
Pada aspek kesehatan, SHE fokus pada          In the health aspect, the SHE division
                                                                                              Jaya Agung dan Petrosea Support Facilities       head office, Kideco Jaya Agung project
perencanaan manajemen kesehatan yang          focuses on health management planning,
                                                                                              (PSF). Penerapan standar internasional           and Petrosea Support Facilities (PSF).
mencakup implementasi kesehatan kerja         which includes the implementation of
                                                                                              ini memastikan bahwa seluruh proses              The implementation of this international
dan higiene industri yang ruang lingkupnya    occupational health and industrial hygiene
                                                                                              pengelolaan aset, mulai dari perencanaan,        standard ensures that all processes,
meliputi identifikasi, penilaian dan          programs. These cover the identification,
                                                                                              pemeliharaan, hingga pengambilan                 from asset planning and maintenance to
pengendalian risiko kesehatan di tempat       assessment and control of workplace
                                                                                              keputusan investasi, selaras dengan tujuan       investment decision-making, are aligned
kerja yang dapat menyebabkan penyakit,        health risks that may lead to illness, health
                                                                                              strategis Perusahaan sehingga mendukung          with the Company’s strategic objectives,
gangguan kesehatan dan kesejahteraan,         disorders, reduced well-being, as well as
                                                                                              pencapaian target kinerja produksi,              supporting the achievement of production
serta ketidaknyamanan.                        discomfort.
                                                                                              keselamatan dan efisiensi biaya.                 performance, safety and cost-efficiency
                                                                                                                                               targets.
Sedangkan pada aspek lingkungan,              Meanwhile, in the environmental aspect,
SHE terus berupaya untuk mencegah             SHE strives to prevent pollution and
                                                                                              Divisi Asset Management memainkan                The Asset Management division plays
terjadinya polusi dan melindungi              protect ecosystems through the
                                                                                              peran aktif dalam mengendalikan                  an active role in controlling all direct and
ekosistem melalui penggunaan sumber           sustainable use of resources, climate
                                                                                              seluruh biaya langsung maupun tidak              indirect costs of asset acquisition and
daya yang berkelanjutan, adaptasi dan         change adaptation and mitigation, as well
                                                                                              langsung terhadap akuisisi aset dan              maintenance. The aim is to ensure that
mitigasi perubahan iklim, serta pelestarian   as biodiversity conservation.
keanekaragaman hayati.




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    Company Profile                                                                                                                                               Company Profile



Fungsi Pendukung Bisnis                                                                                                                                         Fungsi Pendukung Bisnis
Business Support Function                                                                                                                                      Business Support Function




pemeliharaannya. Tujuannya adalah             incurred costs, including operational       Manajemen Rantai Pasok                        Supply Chain Management
agar biaya yang dikeluarkan, baik biaya       costs, labor and capital expenditure
                                                                                          Divisi Supply Chain Management (SCM)          The Supply Chain Management (SCM)
operasional, tenaga kerja dan depresiasi      depreciation do not exceed the previously
                                                                                          bertanggung jawab untuk mengelola             division is responsible for managing
belanja modal, tidak melebihi anggaran        predetermined budget.
                                                                                          seluruh rantai pasok barang dan jasa          the entire supply chain of goods and
yang telah ditetapkan sebelumnya.
                                                                                          di Petrosea dengan tujuan utama               services within Petrosea with the main
                                                                                          memastikan kelangsungan operasional di        goal of ensuring operational continuity
Selain itu, secara berkelanjutan divisi ini   Furthermore, this division continuously
                                                                                          seluruh wilayah operasional Perusahaan.       at all Company operational locations. In
juga melakukan peninjauan terhadap            reviews the optimization of asset benefit
                                                                                          Dalam menjalankan tugasnya, SCM telah         carrying out its role, SCM has implemented
optimalisasi nilai manfaat aset dengan        value by extending the life cycle of
                                                                                          menerapkan prinsip berkelanjutan dan          sustainable principles and is committed to
memperpanjang life cycle peralatan dan        equipment and components reinforced by
                                                                                          berkomitmen untuk secara konsisten            consistently providing goods and services
komponen yang diperkuat dengan analisis       reliability and maintainability analysis.
                                                                                          menyediakan barang dan jasa dengan            with a focus on customer satisfaction,
reliability dan maintainability.
                                                                                          fokus meliputi kepuasan pelanggan,            strong partnerships, cost efficiency
                                                                                          kemitraan yang kuat, pengelolaan efisiensi    management, sustainable goods and
                                                                                          biaya, barang & jasa yang berkelanjutan       services, as well as supporting innovation
                                                                                          serta mendukung inovasi serta teknologi       and digital technology, including
                                                                                          digital, termasuk mengelola risiko dengan     effectively managing risks.
                                                                                          efektif.

                                                                                          SCM juga mengatur seluruh kebijakan,          SCM also regulates all policies, procedures
                                                                                          prosedur dan manajemen mutu terkait           and quality management regarding the
                                                                                          pengadaan barang dan jasa di Petrosea.        procurement of goods and services
                                                                                          Tujuannya adalah untuk memastikan             at Petrosea. The goal is to ensure that
                                                                                          bahwa pemenuhan keperluan barang dan          the fulfilment of goods and services
                                                                                          jasa senantiasa sesuai dengan standar         requirements is always in accordance
                                                                                          tertinggi Perusahaan, baik secara proses      with the highest Company’s standards,
                                                                                          bisnis, kualitas, spesifikasi, ketepatan      in terms of business processes, quality,
                                                                                          waktu pengiriman, optimalisasi biaya, serta   specification, timeliness of delivery, cost
                                                                                          memenuhi prinsip tata kelola perusahaan.      optimization, as well as compliance with
                                                                                                                                        corporate governance principles.




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    Company Profile                                                                                                                                                      Company Profile



Fungsi Pendukung Bisnis                                                                                                                                                 Fungsi Pendukung Bisnis
Business Support Function                                                                                                                                             Business Support Function




Proses manajemen rantai pasok                         The supply chain management process is     Divisi SCM senantiasa mendukung               The SCM division continues to support
merupakan rangkaian proses dari kegiatan              a series of processes derived from SCM     pemasok lokal untuk bekerja sama dalam        local suppliers to collaborate in providing
operasional SCM yang didukung oleh                    operational activities, supported by the   proses pengadaan barang dan jasa bagi         goods and services for the Company.
sistem ERP Perusahaan yang tercermin                  Company’s ERP system which is reflected    Perusahaan.
pada diagram proses manajemen rantai                  in the SCM supply chain management
pasok SCM.                                            process diagram.                           Digital Center of Excellence                  Digital Center of Excellence
                                                                                                 Di Petrosea, divisi Digital Center of         At Petrosea, the Digital Center of
                                                                                                 Excellence (DCoE) bertanggung jawab           Excellence (DCoE) division is responsible
Proses Manajemen Rantai Pasok
                                                                                                 untuk memastikan bahwa fungsi teknologi       for ensuring that information and
Supply Chain Management Process
                                                                                                 informasi dan komunikasi secara optimal       communication technology functions
                                                                                                 mendukung pencapaian operational              optimally support the achievement of
                                                                                                 excellence di seluruh proyek Perusahaan.      operational excellence across all Company
                                             Mining
                                                                                                                                               projects.

                            Business
                                          Engineering,
                                                                  Supply Chain                   Petrosea terus melanjutkan pemanfaatan        Petrosea continues to advance the use
      Customer                           Procurement &                               Vendor
                              Line                                Management
                                          Construction                                           teknologi terkini melalui Minerva Digital     of cutting-edge technology through the
                                                                                                 Platform yang telah diterapkan di proyek-     Minerva Digital Platform, which has been
                                           Coorporate                                            proyek Perusahaan dengan tujuan untuk         implemented across the Company’s
                                                                                                 menciptakan digital operational backbone      projects with the aim of creating an
                                                                                                 terintegrasi yang dapat mempercepat           integrated digital operational backbone
                                                                                                 proses pengambilan keputusan dan              that accelerates decision-making and
Prinsip pengadaan berkelanjutan juga                  Sustainable procurement principles have    pelaporan, serta melakukan performance        reporting processes, as well as enables
diterapkan ke dalam kegiatan manajemen                also been implemented into procurement     benchmarking antar proyek.                    performance benchmarking between
rantai pasok untuk meningkatkan                       activities to increase the productivity                                                  projects.
produktivitas dan efisiensi kegiatan                  and efficiency of Company operational
                                                                                                 Perusahaan juga terus mengembangakan          The Company also continues to develop
operasional Perusahaan dengan dampak                  activities with minimal impact on
                                                                                                 pemanfaatan kecerdasan buatan (AI)            the use of artificial intelligence (AI) to
seminimal mungkin terhadap aspek                      environmental and social aspects.
                                                                                                 untuk meningkatkan kinerja aspek              enhance safety performance across all
lingkungan dan sosial.
                                                                                                 keselamatan kerja di seluruh lokasi           operational sites. SHEPRO, Petrosea’s
                                                                                                 operasional Perusahaan. SHEPRO, yaitu         corporate digital SHE system, has been
                                                                                                 sistem SHE digital korporat milik Petrosea,   equipped with an AI-based hazard
                                                                                                 telah dilengkapi dengan fitur pelaporan       reporting feature that allows for automatic
                                                                                                 bahaya berbasis AI yang memungkinkan          identification and rapid analysis to improve
                                                                                                 identifikasi secara otomatis dan analisa      safety responses and support more
                                                                                                 cepat guna meningkatkan respons               accurate decision-making.
                                                                                                 keselamatan, serta mendukung
                                                                                                 pengambilan keputusan yang lebih akurat.

                                                                                                 Petrosea terus memperkuat keandalan           Petrosea continues to strengthen the
                                                                                                 sistem digital Perusahaan melalui Security    reliability of its digital systems through
                                                                                                 Operations Center (SOC) dan Network           the Security Operations Center (SOC) and
                                                                                                 Operations Center (NOC) yang beroperasi       Network Operations Center (NOC), which
                                                                                                 24 jam sehari, 7 hari seminggu untuk          operate 24 hours a day, 7 days a week
                                                                                                 mendeteksi dan merespon isu ancaman           to detect and respond to cybersecurity
                                                                                                 siber dengan lebih cepat dan efektif.         threats more quickly and effectively.



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   Company Profile                                                                                                                                                                                                                                Company Profile




Informasi Saham Perusahaan
Company Shares Information


                                                  Kronologi Pencatatan Saham                                                                                                             Kronologi Pencatatan Saham
                                                      Share Listing Chronology                                                                                                               Share Listing Chronology


 Tanggal         Keterangan Kronologis            Jumlah Saham    Jumlah saham yang     Jumlah           Harga            Bursa         Tanggal         Keterangan Kronologis            Jumlah Saham    Jumlah saham yang     Jumlah             Harga            Bursa
   Date            Pencatatan Saham                Number of        ditransaksikan    Nominal per      penawaran        Exchange         Date             Pencatatan Saham                Number of        ditransaksikan    Nominal per        penawaran        Exchange
               Description of Share Listing         Shares            Number of         Saham          per saham                                     Description of Share Listing          Shares            Number of         Saham            per saham
                      Chronology                                  Transacted Shares   Par Value per   Offering Price                                        Chronology                                   Transacted Shares   Par Value per     Offering Price
                                                                                       Share (Rp)       per Share                                                                                                             Share (Rp)         per Share
                                                                                                          (Rp)                                                                                                                                     (Rp)



21 May 1990   Pencatatan saham                     9.000.000         4.500.000           1.000           9.500            Bursa        4 May 1998   Perusahaan melakukan aksi            102.600.000        18.000.000           500                 -           Bursa Efek
              Perusahaan pertama kali di                                                                                  Efek                      korporasi pemecahan nilai                                                                                     Jakarta &
              Bursa Efek Jakarta dan Bursa                                                                               Jakarta                    nominal saham (stock split)                                                                                  Bursa Efek
              Efek Surabaya (kini Bursa Efek                                                                             & Bursa                    dengan rasio 1:2 dan diikuti                                                                                 Surabaya
              Indonesia) dengan jumlah                                                                                    Efek                      dengan melakukan saham                                                                                      Jakarta Stock
              saham sebanyak 4.500.000                                                                                  Surabaya                    bonus pada tanggal 27 Mei                                                                                     Exchange
              saham dengan nilai nominal                                                                                 Jakarta                    1998 dengan rasio 10 saham                                                                                   & Surabaya
              Rp1.000 per saham (IDX:                                                                                     Stock                     lama: 9 saham baru sehingga                                                                                    Stock
              PTRO)                                                                                                    Exchange &                   menaikkan jumlah saham                                                                                       Exchange
              First listed on the Jakarta Stock                                                                         Surabaya                    yang ditempatkan menjadi
              Exchange and Surabaya Stock                                                                                 Stock                     102.600.000 saham
              Exchange (now Indonesia                                                                                   Exchange                    The Company undertook a
              Stock Exchange) with a total of                                                                                                       stock split with the ratio of 1:2,
              4,500,000 shares offered at                                                                                                           followed with a bonus shares
              Rp1,000 issue price per share                                                                                                         with the ratio of 10 existing
              (IDX: PTRO)                                                                                                                           shares: 9 new shares on 27
                                                                                                                                                    May 1998, thus, increasing the
                                                                                                                                                    number of total shares issued
                                                                                                                                                    to 102,600,000 shares
28 Nov 1994   Perusahaan melakukan aksi           18.000.000         9.000.000           1.000              -           Bursa Efek
              korporasi saham bonus                                                                                      Jakarta &
              dengan rasio 1:1 sehingga                                                                                 Bursa Efek
              jumlah saham beredar naik                                                                                 Surabaya       4 Mar 2009   Perusahaan melakukan aksi            100.860.500         1.739.500           500                 -           Bursa Efek
              menjadi 18.000.000 saham                                                                                 Jakarta Stock                korporasi pengurangan                                                                                        Indonesia
              The Company conducted a                                                                                    Exchange                   modal ditempatkan/modal                                                                                      Indonesia
              corporate action of bonus                                                                                 & Surabaya                  disetor dari hasil buyback                                                                                     Stock
              shares with a 1:1 ratio therefore                                                                            Stock                    yang telah disetujui pada                                                                                    Exchange
              increasing the number                                                                                      Exchange                   Rapat Umum Pemegang
              of outstanding shares to                                                                                                              Saham tanggal 25 Januari
              18,000,000 shares                                                                                                                     2006 dengan Mengikuti
                                                                                                                                                    peraturan Badan Pengawas
                                                                                                                                                    Pasar Modal dan Lembaga
                                                                                                                                                    Keuangan (”Bapepam-LK”)
                                                                                                                                                    No. XI.B.2 dan UU No.40 tahun
                                                                                                                                                    2007 tentang Perusahaan
                                                                                                                                                    Terbatas. Sehingga modal
                                                                                                                                                    ditempatkan/modal disetor
                                                                                                                                                    Perusahaan setelah dikurangi
                                                                                                                                                    dengan saham beredar yang
                                                                                                                                                    diperoleh kembali (Treasury
                                                                                                                                                    Stock) sejumlah 1.739.500
                                                                                                                                                    saham menjadi 100.860.500
                                                                                                                                                    saham atau sama dengan
                                                                                                                                                    Rp50.430.250.000




228    Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                  PT Petrosea Tbk            229
Page 116
    Profil Perusahaan                                                                                                                                                                                                                      Profil Perusahaan
    Company Profile                                                                                                                                                                                                                         Company Profile



Informasi Pemegang Saham Perusahaan                                                                                                                                                                                    Informasi Pemegang Saham Perusahaan
Company Sharesholder Information                                                                                                                                                                                            Company Sharesholder Information




                                                 Kronologi Pencatatan Saham                                                                                                        Kronologi Pencatatan Saham
                                                      Share Listing Chronology                                                                                                         Share Listing Chronology


  Tanggal         Keterangan Kronologis           Jumlah Saham    Jumlah saham yang      Jumlah             Harga        Bursa       Tanggal        Keterangan Kronologis          Jumlah Saham    Jumlah saham yang     Jumlah             Harga           Bursa
    Date            Pencatatan Saham               Number of        ditransaksikan     Nominal per        penawaran    Exchange       Date            Pencatatan Saham               Number of       ditransaksikan    Nominal per        penawaran       Exchange
                Description of Share Listing        Shares            Number of          Saham            per saham                               Description of Share Listing        Shares           Number of         Saham            per saham
                       Chronology                                 Transacted Shares   Par Value per   Offering Price                                     Chronology                                Transacted Shares   Par Value per     Offering Price
                                                                                       Share (Rp)       per Share                                                                                                       Share (Rp)         per Share
                                                                                                          (Rp)                                                                                                                               (Rp)



               The Company deducted                                                                                                    11 Jun-   Perusahaan melakukan              1.008.605.000      16.940.500            50                 -          Bursa Efek
               its issued capital/paid-up                                                                                           8 Sep 2020   aksi korporasi share buyback                                                                             Indonesia
               capital from buyback in                                                                                                           dengan merujuk kepada                                                                                    Indonesia
               accordance with the result                                                                                                        penerbitan SEOJK                                                                                           Stock
               from the General Meeting of                                                                                                       No. 3/SEOJK.04/2020                                                                                      Exchange
               Shareholders on                                                                                                                   untuk mengurangi dampak
               25 January 2006 and Capital                                                                                                       pasar yang berfluktuasi
               Market Supervisory Board and                                                                                                      secara signifikan, POJK
               Financial Institution                                                                                                             No.2/POJK.04/2015 yang
               (“Bapepam-LK”) regulation                                                                                                         mengatur tentang pembelian
               No. XI.B.2 and law of Republic                                                                                                    kembali saham emiten atau
               of Indonesia No. 40 Year                                                                                                          Perusahaan publik dalam
               2007 regarding Limited                                                                                                            kondisi pasar yang fluktuatif
               Liability Company. The issued                                                                                                     serta peraturan Badan
               capital/paid-up capital after                                                                                                     Pengawas Pasar Modal
               deducted with treasury stock                                                                                                      dan Lembaga Keuangan
               with the amount of 1,739,500                                                                                                      (”Bapepam-LK”) No.
               shares is 100,860,500                                                                                                             XI.B.2 dan UU No.40 tahun
               shares or equivalent to                                                                                                           2007 tentang Perusahaan
               Rp50,430,250,000                                                                                                                  Terbatas. Sehingga, sejumlah
                                                                                                                                                 16.940.500 saham merupakan
                                                                                                                                                 saham treasury)
                                                                                                                                                 The Company took a
 25 May 2011   Perusahaan melakukan              1.008.605.000   100.860.500          50              -                Bursa Efek                corporate buyback action by
               pemecahan nilai nominal                                                                                 Indonesia                 referring to the issuance of
               saham dari semula sebesar                                                                               Indonesia                 SEOJK No. 3/SEOJK.04/2020
               Rp500 menjadi sebesar                                                                                     Stock                   to reduce the impact of
               Rp50 per saham, sehingga                                                                                Exchange                  a significantly fluctuating
               jumlah modal ditempatkan                                                                                                          market, POJK No.2 /
               dan disetor meningkat dari                                                                                                        POJK.04/2015 which regulates
               100.860.500 lembar saham                                                                                                          the buyback of shares of
               menjadi 1.008.605.000                                                                                                             issuers or public companies in
               lembar saham                                                                                                                      fluctuating market conditions
               The Company undertook a                                                                                                           as well as regulations from the
               stock split to change the par                                                                                                     Capital Market and Financial
               value from Rp500 to Rp50                                                                                                          Institutions Supervisory
               per share, thus, increasing the                                                                                                   Agency (“Bapepam-LK”) No.
               number of issued and paid-up                                                                                                      XI.B.2 and Law No.40 of 2007
               capital from 100,860,500                                                                                                          regarding Limited Companies.
               shares to 1,008,605,000                                                                                                           Therefore, 16,940,500 shares
               shares                                                                                                                            are treasury stock




230     Laporan Tahunan / Annual Report 2025                                                                                                                                                                                           PT Petrosea Tbk           231
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    Company Profile                                                                                                                                                                                                                  Company Profile




                                                                                                                                   Profil Pemegang Saham
Informasi Pemegang Saham Perusahaan
Company Sharesholder Information


                                                                                                                                   Shareholders Profile


                                                                                                                                   Saham Petrosea dimiliki oleh pemodal                             Petrosea shares are owned by national
                                                Kronologi Pencatatan Saham
                                                                                                                                   nasional dan asing yang terdiri dari                             and foreign investors consisting of
                                                    Share Listing Chronology
                                                                                                                                   kelompok perseroan terbatas, reksadana,                          limited liability companies, mutual funds,
  Tanggal        Keterangan Kronologis          Jumlah Saham     Jumlah saham yang     Jumlah           Harga           Bursa
                                                                                                                                   asuransi, yayasan, bank dana pensiun,                            insurance, foundations, banks, pension
   Date            Pencatatan Saham               Number of        ditransaksikan    Nominal per      penawaran       Exchange     perorangan nasional, karyawan, badan                             funds, national individuals, employees,
               Description of Share Listing        Shares            Number of         Saham          per saham
                      Chronology                                 Transacted Shares   Par Value per   Offering Price                usaha asing dan perorangan asing.                                foreign business entities and foreign
                                                                                      Share (Rp)       per Share
                                                                                                         (Rp)
                                                                                                                                                                                                    individuals.

                                                                                                                                   Anggota Dewan Komisaris atau Direksi                             Members of the Board of Commissioners
 4 Jun 2024   Perusahaan melakukan aksi         1.008.605.000       16.940.500            50               -          Bursa Efek
              korporasi pengalihan kembali                                                                            Indonesia    Perusahaan memiliki saham langsung.                              or Board of Directors of the Company have
              saham hasil share buyback
              sesuai POJK No. 29 tahun 2023
                                                                                                                      Indonesia
                                                                                                                                   Informasi terkait kepemilikan saham                              direct shares. Information regarding share
                                                                                                                        Stock
              tentang Pembelian Kembali                                                                               Exchange     tersebut dapat dilihat pada halaman                              ownership can be seen on page 238 of this
              Saham yang Dikeluarkan oleh
              Perusahaan Terbuka sejumlah
                                                                                                                                   238 Laporan Tahunan ini.                                         Annual Report.
              16.940.500 saham

              The Company carried out a
              corporate action to transfer
              back shares from the share
              buyback in accordance                                                                                                                                      Daftar Pemegang Saham, 5% atau Lebih
              with POJK No. 29 of 2023                                                                                                                                          List of Shareholders, 5% or More
              concerning the Buyback
              of Shares Issued by Public
              Companies totaling                                                                                                                            Pemegang Saham                             Jumlah Saham                   Persentase
                                                                                                                                    No.
              16,940,500 shares                                                                                                                               Shareholder                             Number of Shares              Percentage (%)


                                                                                                                                    Awal Tahun 2025
 7 Jan 2025   Perusahaan melakukan aksi         10.086.050.000    1.008.605.000           5                -          Bursa Efek    Beginning of 2025
              korporasi pemecahan nilai                                                                               Indonesia
              nominal saham (stock split)                                                                             Indonesia
              dari Rp50 menjadi Rp5 per                                                                                 Stock        1.       PT Kreasi Jasa Persada*                                       4.187.624.000                    41,519
              saham                                                                                                   Exchange
              The Company carried out a
              corporate action of splitting                                                                                          2.       PT Caraka Reksa Optima                                        3.046.503.570                   30,205
              the nominal value of its shares
              (stock split) from Rp50 to Rp5
              per share                                                                                                             Akhir Tahun 2025
                                                                                                                                    End of 2025


                                                                                                                                     1.       PT Kreasi Jasa Persada*                                        4.571.811.700                  45,328


                                                                                                                                     2.       PT Caraka Reksa Optima                                        2.465.170.070                    24,441



                                                                                                                                   * Dimiliki sepenuhnya oleh PT Petrindo Jaya Kreasi Tbk dan merupakan pemegang saham pengendali
                                                                                                                                   Wholly-owned by PT Petrindo Jaya Kreasi Tbk and as the controlling shareholder




232     Laporan Tahunan / Annual Report 2025                                                                                                                                                                                   PT Petrosea Tbk        233
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       Company Profile                                                                                                                                                                                                  Company Profile



Profil Pemegang Saham                                                                                                                                                                                                  Profil Pemegang Saham
Shareholders Profile                                                                                                                                                                                                      Shareholders Profile




                               Kelompok Masyarakat Pemegang Saham Kurang dari 5%                                                                   Kelompok Masyarakat Pemegang Saham Kurang dari 5%
                                        Groups of Public Shareholders, Less Than 5%                                                                       Groups of Public Shareholders, Less Than 5%



                Pemegang Saham               Jumlah Pemegang Saham             Jumlah Saham         Persentase                      Pemegang Saham             Jumlah Pemegang Saham             Jumlah Saham                Persentase
  No                                                                                                                No
                  Shareholder                 Number of Shareholders          Number of Shares    Percentage (%)                      Shareholder               Number of Shareholders          Number of Shares           Percentage (%)


 Awal Tahun 2025 / Beginning of 2025                                                                               Akhir Tahun 2025 / End of 2025

    Pemodal Nasional / National Investors                                                                            Pemodal Nasional / National Investors

   1     Perorangan Nasional                                                                                         1       Perorangan Nasional
                                                      12.628                     114.099.832         11,31264                                                           38.473                     913.022.420                 9,05233
         National Individual                                                                                                 National Individual

   2     Perseroan Terbatas                                                                                          2       Perseroan Terbatas
                                                        96                       779.089.720        77,24428                                                              185                   8.043.964.097                 79,75336
         Limited Liability Company                                                                                           Limited Liability Company

   3     Reksadana                                                                                                   3       Reksadana
                                                        25                            5.138.526      0,50947                                                              88                        88.073.465                 0,87322
         Mutual Fund                                                                                                         Mutual Fund

   4     Asuransi                                                                                                    4       Asuransi
                                                        10                            1.537.500      0,15244                                                              50                       23.750.000                  0,23547
         Insurance                                                                                                           Insurance

   5     Yayasan                                                                                                     5    Yayasan
                                                         3                              318.100      0,03154                                                               7                            3.286.300              0,03258
         Foundation                                                                                                       Foundation

   6     Karyawan                                                                                                    6    Karyawan
                                                         4                              68.400       0,00678                                                               4                             684.000              0,00678
         Employees                                                                                                        Employees


   7     Bank                                            4                              39.800      0,00395          7    Bank                                             4                             398.000              0,00395


   8     Dana Pensiun                                                                                                8    Dana Pensiun
                                                         2                            1.301.300      0,12902                                                              19                        18.188.000                 0,18033
         Pension Fund                                                                                                     Pension Fund

   9     Koperasi                                                                                                    9    Koperasi
                                                         2                              22.600      0,00224                                                                2                             167.000               0,00166
         Cooperatives                                                                                                     Cooperatives

    Pemodal Asing / Foreign Investors                                                                                Pemodal Asing / Foreign Investors

         Badan Usaha Asing                                                                                           1    Badan Usaha Asing
   1                                                    53                       100.473.522         9,96163                                                              148                       949.181.518                9,41083
         Foreign Business Entities                                                                                        Foreign Business Entities

         Perorangan Asing                                                                                            2    Perorangan Asing
   2                                                    56                            6.515.700      0,64601                                                              69                       45.335.200                  0,44948
         Foreign Individuals                                                                                              Foreign Individuals


                     Total                            12.883                  1.008.605.000        100,00000         Total                                              39.049                10.086.050.000                 100,00000




234      Laporan Tahunan / Annual Report 2025                                                                                                                                                                       PT Petrosea Tbk      235
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     Company Profile                                                                                                                                                                                                                          Company Profile



Profil Pemegang Saham                                                                                                                                                                                                                        Profil Pemegang Saham
Shareholders Profile                                                                                                                                                                                                                               Shareholders Profile




      Kepemilikan Saham (Langsung & Tidak Langsung) Anggota Dewan Komisaris & Direksi untuk Tahun 2025                                     Kepemilikan Saham (Langsung & Tidak Langsung) Anggota Dewan Komisaris & Direksi untuk Tahun 2025
              Share Ownership (Direct & Indirect) of Members of the Board of Commissioners & Board of Directors for 2025                         Share Ownership (Direct & Indirect) of Members of the Board of Commissioners & Board of Directors for 2025


      Nama                     Jabatan        Jumlah Kepemilikan     Jual/Beli   Harga         Tanggal     Pelaporan        Persentase   Jumlah Kepemilikan per       Jual/Beli              Harga                  Tanggal           Pelaporan          Persentase
      Name                       Title          per 1 Januari 2025     Sale/     Price        Transaksi    ke OJK IDX       Percentage     31 Desember 2025        Sale/Purchase             Price                 Transaksi          ke OJK IDX         Percentage
                                               Total Ownership as    Purchase                Transaction   Reporting            (%)       Total Ownership as of                                                Transaction Date       Reporting              (%)
                                                of 1 January 2025                               Date       to OJK IDX                      31 December 2025                                                                           to OJK IDX


  Dewan Komisaris / Board of Com missioners


 Osman              Presiden Komisaris
 Sitorus            merangkap Komisaris
                    Independen
                    President Commissioner                      -            -           -             -                -         -                           -                    -                     -                        -                -              -
                    concurrently
                    Independent
                    Commissioner


 Erwin              Komisaris
                                                      6,854,000      500.000      3.712      03-Feb-25     06-Feb-25         0,07%                 10.654.000              600.000                   6.875             15-Oct-25        16-Oct-25             0,11%
 Ciputra            Commissioner


 Djauhar Maulidi    Komisaris
                                                                -            -           -             -                -         -                           -                    -                     -                        -                -              -
                    Commissioner


 Prof. Ginandjar    Komisaris
                                                                -            -           -             -                -         -                           -                    -                     -                        -                -              -
 Kartasasmita       Commissioner


 Sutanto            Komisaris
                                                                -            -           -             -                -         -                           -                    -                     -                        -                -              -
                    Commissioner


 Setia Untung       Komisaris Independen
 Arimuladi          Independent                                 -            -           -             -                -         -                           -                    -                     -                        -                -              -
                    Commissioner


  Direksi / Board of Directors



                    Presiden Direktur
 Michael                                              1.400.000      550.000      3.700       20-Jan-25     23-Jan-25        0,01%                  2.073.000               123.000                  4.030             19-Aug-25       20-Aug-25             0,02%
                    President Director




 Kartika            Direktur
                                                       1.688.000      50.000      3.880       19-Aug-25    22-Aug-25         0,02%                   1.938.000            200,000                    5.675            22-Sep-25        25-Sep-25             0,02%
 Hendrawan          Director




                    Direktur
 Ruddy Santoso                                                  -            -           -             -                -         -                           -                    -                     -                        -                -              -
                    Director




 Meinar             Direktur
                                                                -      14.800     6.700       26-Sep-25    29-Sep-25         0,00%                      14.800                     -                     -            26-Sep-25        29-Sep-25            0,00%
 Kusumastuti        Director




 Iman Darus         Direktur
                                                                -            -           -             -                -         -                           -                    -                     -                        -                -              -
 Hikhman            Director




236        Laporan Tahunan / Annual Report 2025                                                                                                                                                                                        PT Petrosea Tbk            237
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     Company Profile                                                                                                                                                                                                                          Company Profile



Profil Pemegang Saham                                                                                                                                                                                                                        Profil Pemegang Saham
Shareholders Profile                                                                                                                                                                                                                               Shareholders Profile




     Kepemilikan Saham (Langsung & Tidak Langsung) Anggota Dewan Komisaris & Direksi untuk Tahun 2024                                      Kepemilikan Saham (Langsung & Tidak Langsung) Anggota Dewan Komisaris & Direksi untuk Tahun 2024
              Share Ownership (Direct & Indirect) of Members of the Board of Commissioners & Board of Directors for 2024                         Share Ownership (Direct & Indirect) of Members of the Board of Commissioners & Board of Directors for 2024


      Nama                     Jabatan        Jumlah Kepemilikan     Jual/Beli   Harga         Tanggal     Pelaporan        Persentase   Jumlah Kepemilikan per       Jual/Beli              Harga                  Tanggal           Pelaporan          Persentase
      Name                       Title          per 1 Januari 2024     Sale/     Price        Transaksi    ke OJK IDX       Percentage     31 Desember 2024        Sale/Purchase             Price                 Transaksi          ke OJK IDX         Percentage
                                               Total Ownership as    Purchase                Transaction   Reporting            (%)       Total Ownership as of                                                Transaction Date       Reporting              (%)
                                                of 1 January 2024                               Date       to OJK IDX                      31 December 2024                                                                           to OJK IDX


  Dewan Komisaris / Board of Com missioners


 Osman              Presiden Komisaris
 Sitorus            merangkap Komisaris
                    Independen
                    President Commissioner                      -            -           -             -                -         -                           -                    -                      -                       -                -              -
                    concurrently
                    Independent
                    Commissioner


 Erwin              Komisaris
                                                      6,854,000      500.000      3.712      03-Feb-25     06-Feb-25         0,07%                 10.654.000              600.000                    6.875            15-Oct-25        16-Oct-25             0,11%
 Ciputra            Commissioner


 Djauhar Maulidi    Komisaris
                                                                -            -           -             -                -         -                           -                    -                      -                       -                -              -
                    Commissioner


 Prof. Ginandjar    Komisaris
                                                                -            -           -             -                -         -                           -                    -                      -                       -                -              -
 Kartasasmita       Commissioner


 Sutanto            Komisaris
                                                                -            -           -             -                -         -                           -                    -                      -                       -                -              -
                    Commissioner


 Setia Untung       Komisaris Independen
 Arimuladi          Independent                                 -            -           -             -                -         -                           -                    -                      -                       -                -              -
                    Commissioner


  Direksi / Board of Directors



                    Presiden Direktur
 Michael                                                        0      60.000     8.250        21-Jun-24    25-Jun-24             -                   140.000               80.000                   25.000           20-Dec-24        27-Dec-24             0,01%
                    President Director




 Kartika            Direktur
                                                                0      88.800    6.000       02-May-24     07-May-24              -                    168.800              80.000                   19.350            12-Nov-24          14-11-24           0,02%
 Hendrawan          Director




                    Direktur
 Ruddy Santoso                                                  -            -           -             -                -         -                           -                    -                      -                       -                -              -
                    Director




 Meinar             Direktur
                                                                -            -           -             -                -         -                           -                    -                      -                       -                -              -
 Kusumastuti        Director




 Iman Darus         Direktur
                                                                -            -           -             -                -         -                           -                    -                      -                       -                -              -
 Hikhman            Director




238        Laporan Tahunan / Annual Report 2025                                                                                                                                                                                        PT Petrosea Tbk           239
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  Company Profile                                                                                                                         Company Profile




                                             Informasi Komposisi Pemegang Saham
                                             Shareholding Composition Information


                                             Komposisi kepemilikan saham                                         The shareholding composition of
                                             PT Petrosea Tbk per 1 Januari 2025                                  PT Petrosea Tbk as of 1 January 2025
                                             adalah sebagai berikut:                                             was as follows:



                                                       41,52%                                        30,21%                              28,27%
                                                    PT Kreasi Jasa Persada*                      PT Caraka Reksa Optima                 Masyarakat/Public




                                             Catatan/Notes:
                                             * Pemegang Saham Pengendali dan dimiliki sepenuhnya oleh PT Petrindo Jaya Kreasi Tbk
                                                Controling Shareholder and is wholly-owned by PT Petrindo Jaya Kreasi Tbk

                                             Catatan Tambahan/Additional Notes:
                                             -   Pemilik manfaat akhir PT Kreasi Jasa Persada adalah Bapak Prajogo Pangestu
                                                 The ultimate beneficiary owner of PT Kreasi Jasa Persada is Bapak Prajogo Pangestu
                                             -   Pemilik manfaat akhir PT Caraka Reksa Optima adalah Bapak Hapsoro
                                                 The ultimate beneficiary owner of PT Caraka Reksa Optima is Bapak Hapsoro



                                             Komposisi kepemilikan saham                                         The shareholding composition of
                                             PT Petrosea Tbk per Desember 2025                                   PT Petrosea Tbk as of December 2025 was
                                             adalah sebagai berikut:                                             as follows:



                                                       45,33%                                       24,44%                              30,23%
                                                    PT Kreasi Jasa Persada*                      PT Caraka Reksa Optima                 Masyarakat/Public




                                             Catatan/Notes:
                                             * Pemegang Saham Pengendali dan dimiliki sepenuhnya oleh PT Petrindo Jaya Kreasi Tbk
                                                Controling Shareholder and is wholly-owned by PT Petrindo Jaya Kreasi Tbk

                                             Catatan Tambahan/Additional Notes:
                                             -   Pemilik manfaat akhir PT Kreasi Jasa Persada adalah Bapak Prajogo Pangestu
                                                 The ultimate beneficiary owner of PT Kreasi Jasa Persada is Bapak Prajogo Pangestu
                                             -   Pemilik manfaat akhir PT Caraka Reksa Optima adalah Bapak Hapsoro
                                                 The ultimate beneficiary owner of PT Caraka Reksa Optima is Bapak Hapsoro



240   Laporan Tahunan / Annual Report 2025                                                                                            PT Petrosea Tbk       241
Page 122
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    Company Profile                                                                                                                                                      Company Profile




Pencatatan Efek Lain
                                                                                                                                                                            Pencatatan Efek Lain
                                                                                                                                                                       Listing of Other Securities


Listing of Other Securities


Untuk mendukung strategi pendanaan,                To support its funding strategy, the           Bab Ikhtisar Kinerja di halaman 28 dan       in the Performance Highlight chapter on
Perusahaan telah menerbitkan obligasi              Company has issued its inaugural bonds         Bab Analisis & Pembahasan Manajemen di       page 28 and the Management Discussion
dan sukuk perdana berbentuk Penawaran              and sukuk through a Shelf-Registered           halaman 248 Laporan Tahunan ini.             & Analysis chapter on page 248 of this
Umum Berkelanjutan Efek Bersifat Utang             Public Offering of Debt Securities and/                                                     Annual Report.
dan/atau Sukuk dalam mata uang Rupiah              or Sukuk denominated in Rupiah in order
guna memperkuat struktur permodalan                to strengthen the capital structure and        Obligasi & Sukuk yang Telah                  Matured & Fully Redeemed
serta mendukung ekspansi bisnis.                   support business expansion. These              Jatuh Tempo & Lunas Tahun 2025               Bonds & Sukuk in 2025
Penerbitan tersebut mencakup Obligasi              issuances include the Shelf-Registered
                                                                                                  Obligasi Berkelanjutan I Petrosea Tahap I    Shelf-Registered Bonds I Petrosea Phase
Berkelanjutan I Petrosea Tahap I & Tahap II        Bonds I Petrosea Phase I & Phase II and
                                                                                                  dan Sukuk Ijarah Berkelanjutan I Petrosea    I and Shelf-Registered Sukuk Ijarah I
serta Sukuk Ijarah Berkelanjutan I Petrosea        Shelf-Registered Sukuk Ijarah I Petrosea
                                                                                                  Tahap I Seri A dengan tenor 367 hari yang    Petrosea Phase I Serie A with a tenor of
Tahap I & Tahap II.                                Phase I & Phase II.
                                                                                                  diterbitkan pada 16 Desember 2024 telah      367 days and issued on 16 December
                                                                                                  jatuh tempo dan lunas pada 20 Desember       2024 matured and were redeemed on 20
Seluruh efek yang diterbitkan oleh                 All securities issued by the Company
                                                                                                  2025, dengan nilai masing-masing sebesar     December 2025, with respective values of
Perusahaan hingga saat ini masih tercatat          remain listed and traded on the Indonesia
                                                                                                  Rp47 miliar dan Rp33 miliar.                 Rp47 billion and Rp33 billion.
dan diperdagangkan di Bursa Efek                   Stock Exchange.
Indonesia.
                                                                                                  Daftar lengkap obligasi dan sukuk ijarah     The complete list of the Company’s bonds
                                                                                                  Perusahaan yang telah jatuh tempo dan        and sukuk ijarah that have matured and
Obligasi & Sukuk yang Sudah & Belum                Matured & Outstanding Bonds & Sukuk            lunas serta obligasi dan sukuk ijarah yang   been fully redeemed, as well as those
Jatuh Tempo                                                                                       belum jatuh tempo di tahun 2025 dapat        that have not yet matured in 2025, can be
Total keseluruhan penerbitan adalah                The total issuance amounted to Rp3 trillion,   dilihat pada bagian Bab Ikhtisar Obligasi    viewed in the Bonds & Sukuk Highlights
sejumlah Rp3 triliun, terdiri dari Rp1,5 triliun   consisting of Rp1.5 trillion in Phase I and    & Sukuk di halaman 64 dan Bab Analisis &     chapter on page 64 and the Management
di Tahap I dan sejumlah Rp1,5 triliun di           Rp1.5 trillion in Phase II.                    Pembahasan Manajemen di halaman 248          Discussion & Analysis chapter on page 248
Tahap II.                                                                                         Laporan Tahunan ini.                         of this Annual Report.


Untuk Obligasi Berkelanjutan I Petrosea            The Shelf-Registered Bonds I Petrosea
Tahap I dan Sukuk Ijarah Berkelanjutan
I Petrosea Tahap I, memiliki tenor mulai
                                                   Phase I and the Shelf-Registered Sukuk
                                                   Ijarah I Petrosea Phase I have tenors          Akuntan Publik & Kantor Akuntan Publik
dari 367 hari sampai dengan 7 tahun dan            ranging from 367 days to 7 years and were      Public Accountant & Public Accounting Firm
diterbitkan pada tahun 2024. Sedangkan             issued in 2024. Meanwhile, the Shelf-
untuk Obligasi Berkelanjutan I Petrosea            Registered Bonds I Petrosea Phase II
                                                                                                  Sebagai bagian dari implementasi GCG         As a part of the implementation of GCG
Tahap II dan Sukuk Ijarah Berkelanjutan I          and the Shelf-Registered Sukuk Ijarah I
                                                                                                  dan prinsip transparansi dan akuntabilitas   and the transparency and accountability of
Petrosea Tahap II, memiliki tenor 3 tahun          Petrosea Phase II have tenors ranging from
                                                                                                  atas kinerja dan informasi keuangan,         its financial performance and information,
sampai dengan 7 tahun dan diterbitkan              3 years to 7 years and were issued in 2025.
                                                                                                  Perusahaan menyusun dan menyajikan           the Company prepares and presents
pada tahun 2025.
                                                                                                  laporan keuangan yang diaudit oleh           financial statements that are audited by
                                                                                                  Kantor Akuntan Publik (KAP) dan Akuntan      a Public Accounting Firm and Public
Rincian lengkap mengenai nama obligasi,            Detailed information regarding the name,
                                                                                                  Publik (AP). Keduanya merupakan Auditor      Accountant. The external auditors are
nilai, tingkat bunga, tenor, rating dan            value, interest rate, tenor, rating and
                                                                                                  Eksternal yang ditunjuk untuk melakukan      appointed to audit the Company’s
tanggal jatuh tempo dari Obligasi                  maturity date of the Shelf-Registered
                                                                                                  audit atas laporan keuangan Perusahaan       financial statements with the approval of
Berkelanjutan I Petrosea Tahap I & Tahap II        Bonds I Petrosea Phase I & Phase II as
                                                                                                  dengan persetujuan RUPS. Selain itu, audit   the GMS. Additionally, the external audit is
serta Sukuk Ijarah Berkelanjutan I Petrosea        well as the Shelf-Registered Sukuk Ijarah I
                                                                                                  eksternal berfungsi sebagai pengawasan       carried out as an independent supervision
Tahap I & Tahap II dapat dilihat pada bagian       Petrosea Phase I & Phase II can be viewed




242   Laporan Tahunan / Annual Report 2025                                                                                                                          PT Petrosea Tbk 243
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    Profil Perusahaan                                                                                                                                                       Profil Perusahaan
    Company Profile                                                                                                                                                          Company Profile



Akuntan Publik & Kantor Akuntan Publik                                                                                                                        Akuntan Publik & Kantor Akuntan Publik
Public Accountant & Public Accounting Firm                                                                                                                Public Accountant & Public Accounting Firm




independen terhadap berbagai aspek            function of the Company’s financial aspects.   Xenia & Rekan serta Akuntan Publik (AP)           & Rekan as well as Public Accountant
keuangan Perusahaan. Untuk menjamin           To guarantee the independence of the           Kasman. Proses dan tata cara penunjukkan          (AP) Kasman. The process and procedure
independensi hasil pemeriksaan, Auditor       audit results, the appointed External          dilakukan sesuai dengan peraturan                 for the appointment were carried out in
Eksternal yang ditunjuk tidak boleh           Auditor must not have any conflicts of         yang berlaku, yaitu berdasarkan usulan            accordance with the prevailing regulations,
memiliki benturan kepentingan dengan          interests with any Company officials.          Direksi Perusahaan kepada Komite Audit,           based on the proposal from the
seluruh pejabat Perusahaan.                                                                  Risk & Compliance yang mana Komite                Company’s Board of Directors to the Audit,
                                                                                             memberikan rekomendasi kepada Dewan               Risk & Compliance Committee, which
Berdasarkan keputusan Rapat Umum              Based on the decision of the Annual            Komisaris termasuk self assessment dari           then provided its recommendation to the
Pemegang Saham Tahunan tanggal                General Meeting of Shareholders on             AP, yang kemudian ditindaklanjuti dengan          Board of Commissioners, including the
21 April 2025, pemegang saham                 21 April 2025, the shareholders give proxy     Keputusan Rapat Umum Pemegang Saham               self-assessment of the Public Accountant.
memberikan kuasa dan wewenang                 and authorization to the Company’s Board       Tahunan. Setelah itu, perjanjian kerja sama       This was subsequently followed by a
kepada Dewan Komisaris Perusahaan             of Commissioners to appoint the                antara Perusahaan dan KAP ditandatangani          resolution of the Annual General Meeting of
untuk menunjuk Akuntan Publik dan/            Public Accountant and/or Public                pada tanggal 5 Mei 2025, kemudian                 Shareholders. Thereafter, the cooperation
atau Kantor Akuntan Publik yang akan          Accounting Firm of the Company                 Perusahaan melakukan pelaporan ke OJK             agreement between the Company and the
mengaudit laporan keuangan Perusahaan         that will audit the Company’s                  melalui SPEIDXNet pada tanggal 20 Mei             Public Accounting Firm was signed on
untuk tahun buku yang berakhir pada 31        financial report for fiscal year ended         2025.                                             w5 May 2025 and the Company submitted
Desember 2025, dengan memperhatikan           31 December 2025, by taking into account                                                         the report to the OJK via SPEIDXNet on 20
bahwa, Akuntan Publik dan/atau Kantor         that the appointed Public Accountant                                                             May 2025.
Akuntan Publik yang akan ditunjuk, memiliki   and/or Public Accounting Firm has an
pengalaman dan reputasi internasional,        experience and international reputation        Berikut adalah informasi terkait Kantor           Below is the information regarding the
memiliki kredibilitas yang baik dan           to conduct audit, good credibility and         Akuntan Publik serta Akuntan Publik yang          Public Accounting Firm as well as Public
terdaftar di OJK, serta memperhatikan         register at the Financial Services Authority   melakukan audit keuangan Perusahaan:              Accountant that carried out the Company’s
usulan Direksi dan rekomendasi Komite         as well as taking into account the Board                                                         financial audit:
Audit Perusahaan.                             of Directors and Audit Committee
                                              recommendation of the Company.




MEKANISME PENUNJUKAN                          APPOINTMENT MECHANISM                                                                     LIANA RAMON XENIA & REKAN
Untuk menindaklanjuti keputusan Rapat         To follow up on the resolution of the
Umum Pemegang Saham Tahunan                   Annual General Meeting of Shareholders
tersebut dan merujuk kepada POJK              and in reference to POJK No. 9 of 2023
No. 9 tahun 2023 tentang Penggunaan           regarding the Use of Public Accountant                 The Plaza Office Tower,
                                                                                                                                           +62 21 5081 8000                www.deloitte.com/id
Jasa Akuntan Publik dan Kantor Akuntan        Services and Public Accounting Firms in                Lantai 32, Jl. M.H. Thamrin
Publik dalam kegiatan Jasa Keuangan,          Financial Services Activities, the Company,            Kav 28-30, Jakarta 10350              +62 21 2992 8200, 8300          iddttl@deloitte.com
Perusahaan melalui keputusan Dewan            through the Board of Commissioners'
Komisaris tahun 2025, telah menunjuk          decision in 2025, has appointed the Public
Kantor Akuntan Publik (KAP) Liana Ramon       Accounting Firm (KAP) Liana Ramon Xenia




244    Laporan Tahunan / Annual Report 2025                                                                                                                            PT Petrosea Tbk 245
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       Profil Perusahaan                                                                                                                                                        Profil Perusahaan
       Company Profile                                                                                                                                                           Company Profile




                                                                                                             Lembaga & Profesi Penunjang Pasar Modal
Akuntan Publik & Kantor Akuntan Publik
Public Accountant & Public Accounting Firm


                                                                                                             Capital Market Supporting Institutions & Profesionals


Berikut informasi mengenai KAP dan AP                         Below is the information on the KAP and AP
yang melakukan audit di Perusahaan                            that conducted audit in the Company for
selama tujuh tahun terakhir:                                  the last seven years:
                                                                                                                  PT BURSA EFEK INDONESIA
                                                                                                                  Gedung Bursa Efek Indonesia Tower 1, Lantai 6     Jasa / Services
                                                                                                                  Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
          Keterangan                                                                                                                                                Bursa efek
 No.                       2025              2024         2023      2022        2021      2020       2019         Call Center: 150515 / +62 811 8115 0515
          Description
                                                                                                                                                                    Stock exchange
                                                                                                                  Email: contactcenter@idx.co.id
  1     Kantor            Liana     Liana Ramon          Imelda    Imelda    Imelda     Imelda     Imelda
                                                                                                                  Website: www.idx.co.id
        Akuntan Publik    Ramon     Xenia & Rekan        & Rekan   & Rekan   & Rekan    & Rekan    & Rekan
        Public            Xenia &   (dahulu/previously
        Accounting Firm   Rekan     Imelda & Rekan)



  2     Akuntan Publik    Kasman    Kasman               Kasman    Kasman    Muhammad   Muhammad   Fenny
        Public                                                               Irfan      Irfan      Widjaja
        Accountant                                                                                                PT KUSTODIAN SENTRAL EFEK INDONESIA
                                                                                                                  Gedung Bursa Efek Indonesia, Tower II, Lt. 3      Jasa / Services
                                                                                                                  Jl. Jend. Sudirman kav. 52-53, Jakarta 12190      Penyimpanan dan
                                                                                                                  Tel.: +62 21 515 2855 | Fax: +62 21 5299 1199     penyelesaian efek Securities
                                                                                                                  Email: helpdesk@ksei.co.id                        depository and settlement
BIAYA AUDIT                                                    AUDIT FEE
                                                                                                                  Website: www.ksei.co.id
Pada tahun yang berakhir pada                                  During the year ended 31 December
31 Desember 2025, besarnya biaya                               2025, the amount of fees charged for
imbalan jasa audit akhir tahun yang                            the year-end audit services rendered
dikenakan oleh KAP Liana Ramon Xenia                           by KAP Liana Ramon Xenia & Rekan and
& Rekan dan jaringan Deloitte kepada                           Deloitte’s network to the Company and its          PT DATINDO ENTRYCOM
Perusahaan dan entitas anak sejumlah                           subsidiaries totalling Rp.5,212,470,000.           Jl. Hayam Wuruk No. 28, Lantai 2, Jakarta 10120   Jasa / Services
Rp.5.212.470.000.                                                                                                 Tel.: +62 21 350 8077 | Fax: +62 21 350 8078      Administrasi efek
                                                                                                                  Email: corporatesecretary@datindo.com             Securities administration
JASA SELAIN AUDIT YANG DIBERIKAN                               SERVICES OTHER THAN AUDIT PROVIDED                 Website: www.datindo.com
OLEH KAP/AP                                                    BY KAP/AP
Pada tahun 2025, KAP Liana Ramon Xenia                         in 2025, KAP Liana Ramon Xenia & Rekan
& Rekan tidak memberikan jasa non audit                        did not provide non-audit service to the
kepada Perusahaan dan entitas anak.                            Company and its subsidiaries.




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                                                                                         04
   Analisis & Pembahasan Manajemen                                            Analisis & Pembahasan Manajemen
   Management Discussion & Analysis              ANALISA & PEMBAHASANManagement Discussion & Analysis
PT Petrosea Tbk
                                                            MANAJEMEN
                                                           MANAGEMENT
                                                  DISCUSSION & ANALYSIS




                                             “
          Perusahaan memperkuat model
          bisnis melalui diversifikasi dan
          ekspansi bisnis dengan dukungan
          operational excellence dan
          penerapan teknologi

          The Company strengthened its
          business model through business
          diversification and expansion,
          supported by operational excellence
          and technology adoption




 “
Laporan Tahunan / Annual Report 2025

248   Laporan Tahunan / Annual Report 2025
                                                                                                  >>>>>
                                                                                          PT Petrosea Tbk   249
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   Analisis & Pembahasan Manajemen                                                                                                               Analisis & Pembahasan Manajemen
   Management Discussion & Analysis                                                                                                               Management Discussion & Analysis




Ikhtisar
                                                                                                                                                                                  Ikhtisar
                                                                                                                                                                               Highlights


Highlights

Perekonomian dan industri                    Economy and Industry                           dan negara-negara berkembang,                  accounts for around 45% of global oil
                                                                                            terutama Tiongkok. Transportasi jalan          demand. The future level of coal and oil
Sepanjang tahun 2025, landscape              Throughout 2025, the global trade
                                                                                            raya menyumbang sekitar 45% dari               demand is shaped to a considerable
perdagangan global diwarnai oleh gejolak     landscape will be marked by profound
                                                                                            permintaan minyak global. Tingkat              extent by improvements in the efficiency
yang penuh dengan ketidakpastian.            turmoil. Government policies stemming
                                                                                            permintaan batu bara dan minyak di             of internal combustion engine vehicles and
Sebuah ketidakpastian kebijakan yang         from regulatory reforms in the United
                                                                                            masa depan sangat dipengaruhi oleh             the uptake of electric vehicles depends
bersumber dari penataan ulang regulasi di    States have forced trading partner
                                                                                            peningkatan efisiensi kendaraan berbahan       to a great extent on whether the current
Amerika Serikat telah memaksa negara-        countries to adapt, a reality that
                                                                                            bakar minyak dan adopsi kendaraan listrik      momentum on renewables is sustained.
negara mitra dagang untuk beradaptasi,       consistently dominates global dynamics.
                                                                                            sangat bergantung pada keberlanjutan
sebuah realitas yang secara konsisten        This fundamental shift in the global
                                                                                            momentum energi terbarukan saat ini.
mendominasi dinamika global. Perubahan       trade order is a crucial variable that will
fundamental dalam tatanan perdagangan        determine the prospects and direction of
                                                                                            Harga logam mulia naik 7% sepanjang            Precious metal prices increased by
dunia ini merupakan variabel penting         future global economic growth.
                                                                                            tahun 2025 dan terus meningkat pada            7% throughout 2025 and continued to
yang akan menentukan prospek dan arah
                                                                                            awal Oktober di tengah meningkatnya            climb in early October amid heightened
pertumbuhan ekonomi global di masa
                                                                                            ketegangan geopolitik. Emas naik               geopolitical tensions. Gold increased
depan.
                                                                                            13%, dengan mencapai rekor tertinggi,          by 13%, reaching record highs, driven by
                                                                                            didorong oleh permintaan investasi melalui     investment demand through gold-backed
Berdasarkan data dari IMF, pertumbuhan       According to IMF data, global economic
                                                                                            dana yang diperdagangkan di bursa              exchange-traded funds amid limited
ekonomi global diproyeksikan melambat        growth is projected to slow to 3.2% in
                                                                                            exchange-traded funds yang didukung            supply growth.
menjadi 3,2% pada tahun 2025, turun dari     2025, down from 3.3% in 2024. This is
                                                                                            emas di tengah pertumbuhan pasokan
3,3% di tahun 2024, hal ini dipicu oleh      driven by increasing uncertainty in global
                                                                                            yang terbatas.
meningkatnya ketidakpastian kebijakan        trade policies, which has impacted the
perdagangan global, yang berdampak           slowdown in advanced economies.
pada perlambatan di negara-negara
                                                                                            Target dan Realisasi                           Target and Realization
ekonomi maju.
                                                                                            Sepanjang tahun 2025, Petrosea berhasil        Throughout 2025, Petrosea delivered solid
Di Asia, kinerja ekonomi Cina diperkirakan   In Asia, China's economic performance          mencatatkan kinerja operasional dan            operational and financial performance,
tumbuh 4,8% didorong oleh sektor             is estimated to grow 4.8%, driven by its       keuangan yang solid dengan melampaui           successfully exceeding the targets set
manufaktur dan ekspor tinggi ke ASEAN.       manufacturing sector and strong exports        target Rencana Kerja dan Anggaran              in the Company’s Annual Work Plan and
Sementara itu, pertumbuhan India             to ASEAN. Meanwhile, India's growth is         Tahunan (RKAT). Pencapaian ini didorong        Budget (RKAT). This achievement was
didukung oleh konsumsi energi dan daya       supported by energy consumption and            oleh keberhasilan Perusahaan dalam             supported by the Company’s ability to
beli masyarakat. Namun pengenaan             consumer purchasing power. However,            mengamankan kontrak baru, memperoleh           secure new contracts, obtain contract
tarif impor oleh Amerika Serikat dapat       the imposition of import tariffs by the        perpanjangan kontrak dari berbagai lini        extensions across multiple business lines,
mengurangi permintaan impor komoditas        United States could reduce demand for          bisnis, serta memperkuat portofolio usaha      and strengthen its business portfolio
dari negara tersebut diantaranya, batu       commodity imports from that country such       melalui akuisisi beberapa entitas strategis.   through the acquisition of several strategic
bara, minyak & gas, emas, nikel dan serta    as coal, oil & gas, gold, nickel and others.   Hal ini tercermin dari peningkatan             entities. As a result, Petrosea’s backlog
lainnya .                                                                                   signifikan nilai backlog menjadi US$4,44       increased significantly to US$4.44 billion
                                                                                            miliar pada akhir tahun 2025, serta            by the end of 2025, accompanied by
Menurut IEA, sebagian besar permintaan       Most global coal and oil & gas demand,         pertumbuhan pendapatan dan laba bersih         strong growth in both revenue and net
batu bara, minyak, dan gas global, yaitu     55%, comes from electricity generation         dibandingkan tahun sebelumnya.                 profit compared to the previous year.
55%, berasal dari pembangkit listrik di      in emerging market and developing
emerging market & developing countries       countries, largely China. Road transport




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     Analisis & Pembahasan Manajemen                                                            Analisis & Pembahasan Manajemen
     Management Discussion & Analysis                                                            Management Discussion & Analysis



Ikhtisar
Highlights




Kinerja tersebut mencerminkan                     These achievements reflect the
keberhasilan strategi Perusahaan dalam            effectiveness of the Company’s strategy
memperluas basis klien, meningkatkan              in expanding its client base, increasing
skala bisnis, serta menjaga ketahanan             business scale, and maintaining
operasional di tengah dinamika industri.          operational resilience amid evolving
                                                  industry dynamics.

Memasuki tahun 2026, Petrosea                     Looking ahead to 2026, Petrosea
optimistis dapat melanjutkan momentum             remains optimistic about sustaining its
pertumbuhan melalui penguatan                     growth momentum by strengthening
layanan terintegrasi yang mencakup                its integrated services across Mining
Jasa Pertambangan, EPC, EPCI Migas                Services, EPC, EPCI Offshore , as well as
Lepas Pantai, serta Jasa Logistik dan             Logistics and Supporting Services, while
Pendukung, dengan memaksimalkan                   maximizing synergies with the holding
sinergi bersama grup holding dan entitas          group and its subsidiaries. The Company’s
anak usaha. Pertumbuhan Perusahaan                growth is expected to be driven by
diharapkan didukung oleh ekspansi                 continued client base expansion, the
basis klien, perolehan kontrak strategis          acquisition of new strategic contracts,
baru, serta kontribusi dari anak usaha            and contributions from newly acquired
seperti HBS, Hafar, dan Scan-Bilt yang            subsidiaries such as HBS, Hafar, and Scan
membuka peluang ekspansi ke segmen                Bilt, which provide access to new market
pasar baru. Sejalan dengan strategi               segments. Alongside these initiatives,
tersebut, Perusahaan juga berkomitmen             the Company remains committed to
untuk meningkatkan profitabilitas melalui         improving profitability through enhanced
penguatan efisiensi operasional dan               operational efficiency and disciplined cost
manajemen biaya yang disiplin, dengan             management, while targeting continued
menargetkan pertumbuhan laba bersih               net profit growth in 2026.
yang berkelanjutan pada tahun 2026.




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   Management Discussion & Analysis                                                                                                                             Management Discussion & Analysis




Tinjauan Ekonomi
                                                                                                                                                                                         Tinjauan Ekonomi
                                                                                                                                                                                        Economic Review


Economic Overview


Perekonomian global tahun 2025                Global economy in 2025                          Sementara ini, volume perdagangan                         Meanwhile, world trade volume is expected
                                                                                              dunia diperkirakan tumbuh pada tingkat                    to grow at an average rate of 2.9% in
Aturan dan arah kebijakan ekonomi global      The rules of the global economy are
                                                                                              rata-rata 2,9% pada tahun 2025–2026                       2025–2026, despite continued pressures
terus mengalami perubahan. Rincian            changing. Details of newly introduced
                                                                                              meskipun tekanan iklim perdagangan                        in the global trade climate.
kebijakan yang baru diperkenalkan             policy measures are slowly emerging
                                                                                              global masih terus berlanjut.
oleh sejumlah negara, mulai terlihat          and growth prospects are shifting. After
dampaknya dan menyebabkan                     the United States imposed higher tariffs
pergeseran pada prospek pertumbuhan           starting in February 2025, agreements
dunia. Pemberlakuan tarif yang lebih tinggi   and negotiations between several
oleh Amerika Serikat sejak Februari 2025,     countries have eased some of the previous                                                                              Tahun ke Tahun
                                                                                                                                                                      Year over Year
meskupun telah direspon oleh sejumlah         conditions, but they continue to exert                             Ikhtisar Proyeksi Outlook
                                                                                                                   Perekonomian Dunia
negara melalui perjanjian dan negosiasi,      pressure on the global economy.                                                                              Aktual                  Proyeksi
                                                                                                             Overview of the World Economic
namun masih memberikan tekanan pada                                                                                                                        Actual                 Projections
                                                                                                                   Outlook Projections
ekonomi dunia.
                                                                                                                                                           2024           2025                  2026

Proyeksi dari IMF edisi Oktober 2025          The IMF’s October 2025 projections show           World Output                                                3,3            3,2                   3,1
memperkirakan pertumbuhan ekonomi             a decline in global economic growth in
                                                                                                Advanced Economies                                          1,8            1,6                   1,6
global pada tahun 2025 turun menjadi          2025 to 3.2%, a slight slowdown from the
3,2%, sedikit melambat dari angka             3.3% recorded in 2024. This slowdown is            United States                                              2,8            2,0                   2,1

3,3% yang tercatat pada tahun 2024.           primarily driven by a significant increase in      Euro Area                                                  0,9            1,2                   1,1
Perlambatan ini terutama disebabkan oleh      global trade barriers and the broad impact
                                                                                                 Japan                                                      0,1             1,1                 0,6
meningkatnya hambatan perdagangan             of uncertain global trade policies, which
global serta dampak berkelanjutan dari        have particularly affected the slowdown in         United Kingdom                                              1,1           1,3                   1,3
ketidakpastian kebijakan perdagangan          most advanced economies.
                                                                                                 Canada                                                    1,5 1,6         1,2                   1,5
dunia, yang secara khusus menekan
aktivitas ekonomi pada sebagian besar                                                           Emerging Market and Developing Economies                    4,4            4,2                  4,0

negara maju.                                                                                     China                                                      5,3            4,8                  4,2

                                                                                                 India                                                      6,5            6,6                  6,2
Risiko penurunan (downside risk) terhadap     Downside risks to the outlook remain,
pertumbuhan ekonomi masih tetap ada,          driven by several factors, including               Russia                                                     4,3            0,6                   1,0
didorong oleh beberapa kebijakan yang         prolonged policies that have impacted
                                                                                                 Brazil                                                     3,4            2,4                   1,9
berkepanjangan dan berdampak pada             consumption and the investment climate.
penurunan konsumsi dan iklim investasi.                                                          Mexico                                                     1,4            1,0                   1,5

                                                                                                 Saudi Arabia                                               2,0            4,0                  4,0
Selain itu meningkatnya proteksionisme        Rising protectionism and non-tariff
                                                                                                 South Africa                                               0,5             1,1                  1,2
dan hambatan non-tariff turut menekan         barriers that suppress investment and
arus investasi serta mengganggu rantai        disrupt supply chains.                            ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore,
                                                                                                Thailand)
                                                                                                                                                            4,6            4,2                  5,0
pasok.

Inflasi global diperkirakan turun menjadi     Global inflation is expected to fall to 4.2%    Catatan/Notes:
                                                                                              *IMF Edisi Oktober 2025 / IMF October 2025 Edition
4,2% secara global pada tahun 2025.           globally in 2025.




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    Management Discussion & Analysis                                                                                                              Management Discussion & Analysis



Tinjauan Ekonomi                                                                                                                                                         Tinjauan Ekonomi
Economic Review                                                                                                                                                         Economic Review




Ekonomi Cina diperkirakan tumbuh 4,8%          China’s economy is expected to grow by       moneter ekonomi maju. Permintaan               changes in monetary policy in developed
selama tahun 2025 terutama didorong            4.8% during 2025, driven primarily by the    energi domestik diperkirakan meningkat         economies. Domestic energy demand
oleh sektor manufaktur dan ekspor yang         manufacturing sector and strong exports,     sejalan dengan aktivitas industri yang terus   is expected to increase in line with
tinggi khususnya ke negara-negara ASEAN        particularly to ASEAN countries, to offset   berkembang. Selain itu, kebijakan hilirisasi   growing industrial activity. Furthermore,
untuk mengimbangi pelemahan yang terus         continued weakness in the property sector    mineral dan perbaikan tata kelola perizinan    mineral downstreaming policies and
berlanjut di sektor properti dan konsumsi      and domestic consumption.                    sektor minerba menjadi faktor penting          improvements in licensing governance in
domestik.                                                                                   yang membentuk dinamika industri               the mineral and coal sector are important
                                                                                            pertambangan nasional.                         factors shaping the dynamics of the
Perekonomian India diperkirakan akan           India’s economy is expected to remain                                                       national mining industry.
tetap solid, didorong oleh tingginya           solid, driven by high demand for energy
kebutuhan energi dan sumber daya               and other resources. The Australian          Pertumbuhan ekonomi Indonesia                  Indonesia’s economic growth in 4Q25
lainnya. Publikasi Resource & Energy           government’s Resource & Energy Outlook,      pada 4Q25 tercatat sebesar 5,11% yoy,          was recorded at 5.11% yoy, increasing
Outlook September 2025 yang diterbitkan        published on September 2025, stated that     menunjukkan peningkatan dibandingkan           compared to growth recorded in the
oleh pemerintah Australia menyebutkan          the Indian government is targeting a steel   pertumbuhan pada triwulan sebelumnya.          previous quarter. Nevertheless, this
Pemerintah India menargetkan kapasitas         production capacity of 300 million tons      Meskipun demikian, capaian tersebut            achievement indicates the resilience of
produksi baja sebesar 300 juta ton pada        by 2030.                                     mengindikasikan ketahanan ekonomi              the Indonesian economy amidst global
tahun 2030.                                                                                 Indonesia di tengah ketidakpastian             economic uncertainty.
                                                                                            ekonomi global .
Pertumbuhan di negara-negara Asia yang         Growth in developing and emerging Asian
sedang berkembang dan sedang tumbuh            countries is expected to decline from        Di sisi pengeluaran didukung kinerja           On the expenditure side, exports
diperkirakan akan turun dari 4,4% pada         4.4% in 2024 to 4.2% in 2025 and further     ekspor masih mencatatkan pertumbuhan           continued to grow 7.03% yoy, in line
tahun 2024 menjadi 4,2% pada tahun             to 4.0% in 2026. Countries in the ASEAN      7,03% yoy, sejalan dengan permintaan           with continued solid demand from key
2025 dan selanjutnya menjadi 4,0% pada         region are among those most affected         yang masih solid dari mitra dagang utama.      trading partners. Government spending
tahun 2026. Negara- negara di kawasan          by the imposition of reciprocal tariffs      Belanja pemerintah juga meningkat              also increased by 2.50% yoy, driven by
ASEAN menjadi salah satu yang paling           imposed by the United States, depressing     sebesar 2,50% yoy didorong oleh                accelerated budget realization.
terpengaruh oleh pemberlakukan tarif           the region’s trade performance and           percepatan realisasi anggaran.
resiprokal yang diberlakukan oleh Amerika      economic prospects.
Serikat, menekan kinerja perdagangan dan                                                    Investasi juga tumbuh solid sebesar 5,09%      Investment also grew solidly by 5.09%
prospek ekonomi kawasan.                                                                    yoy sejalan dengan realisasi penanaman         yoy in line with investment realization
                                                                                            modal diberbagai sektor. Sementara             across various sectors. Meanwhile,
                                                                                            itu, Konsumsi Rumah Tangga tumbuh              Household consumption grew by 6.76%
Perekonomian Indonesia Tahun 2025              Indonesian Economy in 2025                   sebesar 6,76% yoy, didukung oleh aktivitas     yoy, supported by maintained economic
Menurut proyeksi ADB (2025) serta asumsi       According to the ADB (2025) projection       ekonomi dan mobilitas masyarakat               activity and public mobility. Consumption
Pemerintah Indonesia, perekonomian             and the Indonesian government’s              yang terjaga, Konsumsi Lembaga                 by Non-Profit Institutions Serving
Indonesia diperkirakan tumbuh stabil           assumptions, the Indonesian economy          Non-Profit yang Melayani Rumah Tangga          Households (LNPRT) also increased
pada kisaran 5% pada tahun 2025. Hal ini       is expected to grow steadily at around       (LNPRT) juga meningkat sebesar 12,48%          by 12. 48% yoy. These developments
didukung oleh konsumsi domestik yang           5% in 2025. This is supported by strong      yoy. Keseluruhan perkembangan ini              demonstrate that the foundations of
kuat, stabilitas makroekonomi, serta           domestic consumption, macroeconomic          menunjukkan bahwa fondasi pertumbuhan          domestic economic growth remain strong,
belanja pemerintah dalam pembangunan           stability and government spending on         ekonomi domestik tetap kuat sebagai            supporting the Indonesian economy.
infrastruktur. Inflasi relatif terjaga dalam   infrastructure development. Inflation        penopang utama perekonomian
kisaran target Bank Indonesia, sementara       is relatively well-maintained within         Indonesia.
nilai tukar rupiah masih dipengaruhi oleh      Bank Indonesia’s target range, while
kondisi eksternal dan perubahan kebijakan      the rupiah exchange rate remains
                                               influenced by external conditions and


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                                                                                                                                                                    Tinjauan Industri
PERTUMBUHAN EKONOMI INDONESIA TRIWULAN IV-2025                                                                                                                      Industry Overview
Berita Resmi Statistik No.18/02/Th.XXIX, 5 Februari 2026

                                                                                                                                                                    Sektor Batu bara                            Coal Sector
       Q-TO-Q                     Q-TO-Q                       Q-TO-Q                          PRODUK DOMESTIK BRUTO (PDB)
                                                                                                                                                                    Berdasarkan kajian dari berbagai lembaga    Based on studies by various international
      0,86                        5,39                         5,11
                                                                                               HARGA BERLAKU

                                                                                               Rp23.821,1 triliun
                                                                                                                                                                    internasional, termasuk International       institutions, including the International
        persen                     persen                      persen                                                                                               Energy Agency (IEA) dan World Bank,         Energy Agency (IEA) and the World Bank,
                                                                                                                                                                    permintaan batu bara global menunjukkan     global coal demand exhibits diverse
                                                                                                                                                                    pola yang beragam di setiap wilayah.        patterns across regions. While coal’s role
        PCB PERKAPITA 2025                                                                                                                                          Meskipun peran batu bara sebagai sumber     as the largest source of global electricity

        Rp83.747.734 (USD 5.083,4)                                                                                                                                  terbesar dalam pembangkitan listrik dunia
                                                                                                                                                                    tetap penting, bauran pembangkit listrik
                                                                                                                                                                                                                generation remains significant, the global
                                                                                                                                                                                                                electricity generation mix continues to
                                                                                                                                                                    global terus mengalami pergeseran.          shift. Overall, the coal market is projected
                                                                                                                                                                    Secara keseluruhan, pasar batu bara         to remain relatively stable throughout
      PERTUMBUHAN PRODUK DOMESTIK BRUTO (PDB), 2015-2025 (persen)
                                                                                                                                                                    diproyeksikan relatif stabil sepanjang      2025, but has the potential to fluctuate in
        4,88            5,03           5,07             5,17          5,02
                                                                                                  3,70
                                                                                                                 5,31           5,05           5,03       5,11
                                                                                                                                                                    tahun 2025, namun berpotensi mengalami      2026. This projection is heavily influenced
                                                                                    -2.07                                                                           fluktuasi pada tahun 2026. Proyeksi         by energy policies, global economic
                                                                                                                                                                    ini sangat dipengaruhi oleh kebijakan       conditions and the rapid development of
                                                                                                                                                                    energi, kondisi ekonomi global, serta       renewable energy sources.
        2015            2016           2017             2018          2019           2020         2021           2022            2023          2022       2023
                                                                                                                                                                    perkembangan sumber energi terbarukan
                                                                                                                                                                    yang semakin pesat.

  PERTUMBUHAN PDB MENURUT LAPANGAN                                                             PERTUMBUHAN PDB MENURUT PENGELUARAN,
  USAHA, 2025 (persen)                                                                         2025 (persen)
                                                                                                                                                  7,03
                                                                         6,26
                                    5,30                       5,49                                                                     5,09
       5,33                                                                                        4,98         5,13
                                                 3,81                                                                                                     4,77

                                                                                                                            2,50




                     -0,66




      Pertanian   Pertambangan      Industri   Konstruksi Perdagangan        Etc                  Konsumsi     Konsumsi    Konsumsi     PMTB     Ekspor   Impor
                   & Penggalian   Pengolahan               & Reparasi                           Rumah Tangga    LNPRT     Pemerintah




                                                                SUMATERA                    KALIMANTAN               SULAWESI                  SULAWESI
                                                                22,22                       8,12                     7,22                      2,69
                                                                4,81                        4,79                     6,23                      1,44
      KONTRIBUSI DAN
      PERTUMBUHAN PDRB
      MENURUT WILAYAH
      (persen)

      Pulau jawa memberikan
      kontribusi terhadap
      perekonomian
      Indonesia sebesar
      56,93 persen dengan
      pertumbuhan 5,30
      persen (c-to-c)                                           JAWA                       BALI & NUSA TENGGARA
                                                                                                                                               KONTRIBUSI
                                                                56,93                      2,82
                                                                5,30               Sumber /4,87                                                PERTUMBUHAN
                                                                                            Source: BPS Ekonomi Indonesia Triwulan III-2025 Tumbuh 5,04% (Y-on-Y)




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Tinjauan Industri                                                                                                                                                          Tinjauan Industri
Industry Overview                                                                                                                                                         Industry Overview




                                                                                             Di tingkat nasional, industri batu bara       At the national level, the Indonesian coal
                                                                                             Indonesia mempertahankan perannya             industry maintains its role as a major player
                                                                                             sebagai salah satu pemain utama di pasar      in the global market, despite facing the
                                                                                             global, meskipun menghadapi tantangan         challenges of the energy transition and
                                                                                             transisi energi dan dinamika ekonomi          global economic dynamics. The Ministry
                                                                                             dunia. Kementerian Energi dan Sumber          of Energy and Mineral Resources (ESDM)
                                                                                             Daya Mineral (ESDM) menetapkan target         has set a national coal production target
                                                                                             produksi batu bara nasional tahun 2025        of 735 million tons for 2025. Of this figure,
                                                                                             sebesar 735 juta ton. Dari jumlah tersebut,   the Domestic Market Obligation (DMO)
                                                                                             alokasi Domestic Market Obligation (DMO)      allocation is set at approximately 230
                                                                                             ditetapkan sekitar 230 juta ton untuk         million tons to meet the needs of power
                                                                                             memenuhi kebutuhan pembangkit listrik         plants and domestic industry.
                                                                                             dan industri domestik.

                                                                                             Target produksi 2025 ini lebih rendah         This 2025 production target is lower than
                                                                                             dibandingkan realisasi produksi tahun         the 2024 production of 836 million tons,
                                                                                             2024 yang mencapai 836 juta ton, sebuah       exceeding the MEMR’s initial target of
                                                                                             angka yang melampaui target awal ESDM         710 million tons. This target adjustment
                                                                                             sebesar 710 juta ton. Penyesuaian target      demonstrates the government’s efforts to
Permintaan batu bara termal untuk              Thermal coal demand for power
                                                                                             ini menunjukkan upaya Pemerintah untuk        balance national energy security, market
pembangkit listrik menghadapi tekanan          generation is facing pressure in several
                                                                                             menyeimbangkan ketahanan energi               stability and commitment to the energy
di sejumlah negara maju, hal ini sejalan       developed countries, in line with declining
                                                                                             nasional, stabilitas pasar dan komitmen       transition.
dengan menurunnya tingkat konsumsi             consumption levels and the accelerated
                                                                                             terhadap transisi energi.
serta percepatan penetrasi energi              penetration of renewable energy.
terbarukan. Namun demikian, permintaan         However, demand from Asia, particularly
                                                                                             Dari sisi harga, harga acuan batu bara        In terms of price, the benchmark price
dari kawasan Asia khususnya India              India and Southeast Asian countries,
                                                                                             Australia diproyeksikan mengalami             for Australian coal is projected to decline
dan negara-negara di Asia Tenggara             remains a key driver of the thermal coal
                                                                                             penurunan signifikan pada tahun 2025          significantly in 2025 and 2026. This decline
masih menjadi penopang utama bagi              market. Furthermore, developments in
                                                                                             dan 2026. Penurunan ini didorong oleh         is driven by weakening global demand and
pasar batu bara termal. Selain itu,            demand from China will also be a crucial
                                                                                             melemahnya permintaan global dan              relatively adequate seaborne supply.
perkembangan permintaan dari Tiongkok          determinant in determining the direction of
                                                                                             pasokan seaborne yang relatif memadai.        The World Bank projects a double-
juga akan menjadi penentu krusial dalam        coal prices and trade in the global market.
                                                                                             World Bank memproyeksikan penurunan           digit decline in the benchmark price in
menentukan arah harga dan perdagangan
                                                                                             harga acuan sekitar dua digit pada tahun      2025, followed by a further decline in
batu bara di pasar global.
                                                                                             2025, diikuti dengan penurunan lanjutan       2026, before a potential recovery in
                                                                                             pada tahun 2026, sebelum adanya potensi       the subsequent period. In line with this
Permintaan untuk batu bara metalurgi           Demand for metallurgical coal (met coal) is
                                                                                             pemulihan pada periode berikutnya.            projection, price volatility remains one
(met coal) saat ini mengalami tekanan          currently under pressure due to weakening
                                                                                             Sejalan dengan proyeksi ini, volatilitas      of the main risks facing coal exporters.
karena pelemahan aktivitas produksi baja       steel production activity in several
                                                                                             harga tetap menjadi salah satu risiko utama
di sejumlah kawasan. Meskipun demikian,        regions. Nevertheless, the medium-term
                                                                                             yang harus dihadapi oleh kinerja eksportir
prospek jangka menengah untuk met coal         outlook for met coal still shows potential
                                                                                             batu bara.
masih menunjukkan potensi pemulihan.           for recovery. This recovery is expected
Pemulihan ini diperkirakan akan didorong       to be driven by increased construction
oleh peningkatan aktivitas konstruksi          and manufacturing activity in developing
dan manufaktur di negara-negara                countries.
berkembang.


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Tinjauan Industri
Industry Overview




Sektor Minyak & Gas                            Oil & Gas Sector                               Upaya penguatan sektor hulu ini telah       Efforts to strengthen the upstream
                                                                                              menunjukkan sinyal positif dengan           sector have shown positive signs, with
Permintaan minyak tahunan di negara-           Annual oil demand in developed countries
                                                                                              adanya kenaikan lifting minyak nasional     the increase in national oil lifting from
negara maju dan Tiongkok diperkirakan          and China is expected to remain stable
                                                                                              dari 576.000 menjadi 580.000 barel          576,000 to 580,000 barrels per day. More
akan stabil sepanjang tahun 2025.              throughout 2025. However, in other
                                                                                              per hari. Lebih ambisius lagi, Pemerintah   ambitiously, the government is targeting
Namun demikian, di kelompok negara             emerging and developing economies,
                                                                                              menargetkan produksi minyak Indonesia       Indonesia’s oil production to reach 1 million
emerging dan berkembang lainnya,               oil demand growth is projected to slow
                                                                                              mampu menembus 1 juta barel per hari        barrels per day by 2030. This target will be
pertumbuhan permintaan minyak                  in several regions, such as Europe and
                                                                                              pada tahun 2030. Target tersebut akan       supported by an aggressive strategy that
diproyeksikan mengalami perlambatan            Central Asia, Latin America and the
                                                                                              didukung oleh strategi agresif yang         includes exploration, reactivation of old
di beberapa kawasan, seperti Eropa             Caribbean and South Asia. Conversely,
                                                                                              mencakup eksplorasi, reaktivasi sumur tua   wells and the application of Enhanced Oil
dan Asia Tengah, Amerika Latin dan             India maintains its position as a major
                                                                                              dan penerapan teknologi Enhanced Oil        Recovery (EOR) technology.
Karibia, serta Asia Selatan. Sebaliknya,       contributor to oil demand growth, with
                                                                                              Recovery (EOR).
India mempertahankan posisinya                 increased consumption in 2025 largely
sebagai kontributor utama pertumbuhan          driven by strong demand for liquefied
permintaan minyak, di mana peningkatan         petroleum gas (LPG) and gasoline.
konsumsi pada tahun 2025 sebagian
besar didorong oleh permintaan yang kuat
terhadap gas minyak cair (LPG) dan bensin.

Di tengah dinamika global dan tantangan        Amid global dynamics and the significant
besar dalam transisi menuju energi bersih,     challenges of the transition to clean
Pemerintah Indonesia menunjukkan               energy, the Indonesian government
optimisme yang kian besar untuk                is demonstrating growing optimism
mewujudkan kemandirian energi nasional.        about achieving national energy
Sektor hulu minyak dan gas bumi (migas)        independence. The upstream oil and
secara strategis terus diperkuat dan           gas sector continues to be strategically
dijadikan pilar utama untuk menjaga            strengthened and serves as a key pillar for
ketahanan energi nasional. Penguatan           maintaining national energy security. This
fondasi ini merupakan langkah penting          strengthening of the foundation is a crucial
untuk memastikan pasokan energi yang           step in ensuring a stable energy supply
stabil, sekaligus bergerak secara bertahap     while gradually moving towards a cleaner
menuju komposisi bauran energi yang lebih      energy mix.
bersih.




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Emas                                             Gold                                          Dari sisi pasokan, pertumbuhan volume         On the supply side, growth in mine
                                                                                               produksi tambang dan pasokan emas             production volume and recycled gold
Menurut berbagai lembaga internasional           According to various international
                                                                                               hasil daur ulang diproyeksikan akan relatif   supply is projected to be relatively
serta pelaku pasar komoditas global,             institutions and global commodity
                                                                                               terbatas. Kondisi ini sejalan dengan          limited. This condition aligns with the
prospek emas pada periode 2025–2026              market players, the gold outlook for
                                                                                               terbatasnya pengembangan proyek               limited development of new large-scale
diperkirakan akan terus menunjukkan tren         the 2025–2026 period is expected to
                                                                                               tambang baru berskala besar, yang             mining projects, which have the potential
yang relatif konstruktif atau positif. Kondisi   continue showing a relatively constructive
                                                                                               berpotensi menjaga keseimbangan pasar         to maintain gold market balance in the
pasar yang mendukung ini didorong oleh           or positive trend. This supportive market
                                                                                               emas dalam jangka menengah. Namun,            medium term. However, the current high
faktor-faktor utama seperti berlanjutnya         environment is driven by key factors such
                                                                                               tingginya harga emas saat ini diperkirakan    gold price is expected to encourage
ketidakpastian ekonomi global, dinamika          as continued global economic uncertainty,
                                                                                               akan menjadi pendorong bagi peningkatan       increased investment in the gold mining
geopolitik yang berkelanjutan, serta arah        ongoing geopolitical dynamics and the
                                                                                               investasi di sektor pertambangan emas ke      sector going forward.
kebijakan moneter yang diterapkan oleh           direction of monetary policy implemented
                                                                                               depan.
negara-negara maju.                              by developed countries.

                                                                                               Terkait harga, emas diproyeksikan akan        Regarding prices, gold is projected to
Permintaan emas global menunjukkan               Global gold demand has shown a
                                                                                               tetap berada pada level yang relatif          remain at relatively high levels compared
peningkatan yang signifikan, yang                significant increase, driven primarily by a
                                                                                               tinggi dibandingkan rata-rata historisnya,    to its historical average, although it
didorong terutama oleh lonjakan minat            surge in investment interest. Furthermore,
                                                                                               meskipun masih rentan terhadap volatilitas    remains vulnerable to short-term volatility.
dari sisi investasi. Selain itu, pembelian       continued gold purchases by central
                                                                                               jangka pendek. Arah suku bunga global,        The direction of global interest rates,
emas yang berkelanjutan oleh bank                banks are also a key supporting factor,
                                                                                               kebijakan moneter bank sentral utama,         monetary policies of major central banks
sentral juga menjadi faktor pendukung            along with efforts to diversify foreign
                                                                                               serta dinamika geopolitik akan menjadi        and geopolitical dynamics will be key
utama, seiring dengan upaya diversifikasi        exchange reserves amid rising global risks.
                                                                                               faktor kunci yang menentukan pergerakan       factors determining future gold price
cadangan devisa di tengah meningkatnya           Gold remains consistently viewed as an
                                                                                               harga emas di masa yang akan datang.          movements.
risiko global. Emas secara konsisten tetap       effective safe haven against the risks of
dipandang sebagai instrumen lindung nilai        inflation, financial market volatility and
(safe haven) yang efektif untuk melawan          exchange rate depreciation.
risiko inflasi, volatilitas pasar keuangan dan
pelemahan nilai tukar.


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Industry Overview                                                                                                                                                          Industry Overview




Nikel                                          Nickel
Di sisi permintaan global, prospek nikel       On the global demand side, nickel
diperkirakan mendapat dukungan yang            prospects are expected to receive
moderat dari produksi baja tahan karat,        moderate support from stainless
yang menyumbang sekitar dua pertiga            steel production, which accounts for
dari permintaan nikel di tengah aktivitas      approximately two-thirds of nickel
global yang lesu. Permintaan nikel juga        demand amidst sluggish global activity.
diuntungkan oleh adopsi Electric Vehicle       Nickel demand is also benefiting from the
(EV) yang berkelanjutan, mengingat nikel       continued adoption of electric vehicles
merupakan input utama untuk baterai EV         (EVs), given that nickel is a key input for
yang kaya nikel, terutama di Tiongkok.         nickel-rich EV batteries, particularly in
Namun, perlu dicatat bahwa tren positif        China. However, it should be noted that
ini menghadapi tantangan dari semakin          this positive trend faces challenges from
meluasnya penggunaan baterai Nickel-           the widespread use of nickel-free
Free Lithium phopate yang merupakan            lithium-iron-phosphate (LFP) batteries.
baterai bebas nikel.

Produksi nikel global diperkirakan             Global nickel production is expected
akan terus menunjukkan peningkatan,            to continue to increase, with the largest
dengan kontribusi terbesar berasal dari        contribution coming from Indonesia, which
Indonesia, yang saat ini menyumbang            currently accounts for approximately 60%
sekitar 60% dari total output dunia.           of total global output. Although Indonesia
Meskipun Indonesia berencana kembali           plans to return to an annual production
ke skema kuota produksi tahunan (dari          quota scheme (from the previous three-          rendah. Upaya ini merupakan kunci untuk      thanks to its lower carbon intensity. This
skema tiga tahun sebelumnya), potensi          year scheme), the potential impact on the       mengoptimalkan cadangan sumber daya          effort is key to optimizing the nation’s
dampaknya terhadap pasar global yang           oversupplied global market is expected          mineral nasional.                            mineral resource reserves.
kelebihan pasokan diperkirakan akan            to be limited. The current supply surplus is
terbatas. Surplus pasokan yang ada saat        projected to only gradually decrease.           Pengembangan fasilitas HPAL sangat           The development of HPAL facilities
ini diproyeksikan hanya akan berkurang                                                         penting untuk mencapai target                is crucial to achieving the Ministry
secara bertahap.                                                                               Kementerian Perindustrian (Kemenperin)       of Industry’s (Kemenperin) target of
                                                                                               dalam memproduksi 13 juta Electric           producing 13 million Electric Vehicles (EVs),
Indonesia, yang menguasai 42% cadangan         Indonesia, which controls 42% of                Vehicle (EV), yang memerlukan nikel          which requires large quantities of nickel
nikel global, menjadikan pembangunan           global nickel reserves, has made the            limonit dalam jumlah besar. Dengan           limonite. By utilizing HPAL, Indonesia can
fasilitas High-Pressure Acid Leaching          development of High-Pressure Acid               memanfaatkan HPAL, Indonesia dapat           independently meet 93% of its battery
(HPAL) sebagai strategi utama dalam            Leaching (HPAL) facilities a key strategy in    memenuhi 93% bahan baku baterai              raw material needs (including nickel,
program hilirisasi. Teknologi HPAL sangat      its downstream program. HPAL technology         secara mandiri (meliputi nikel, mangan dan   manganese and cobalt). Therefore, the
vital karena memungkinkan pemanfaatan          is vital because it enables the utilization     kobalt). Oleh karena itu, investasi masif    massive investment in HPAL projects,
bijih nikel limonit berkadar rendah yang       of low-grade nickel limonite ore that           dalam proyek HPAL, khususnya di wilayah      particularly in Sulawesi and North Maluku,
tidak dapat diolah secara ekonomis             cannot be economically processed using          Sulawesi dan Maluku Utara, menegaskan        underscores Indonesia’s commitment to
dengan metode tradisional (RKEF). Selain       traditional methods (RKEF). In addition         komitmen Indonesia untuk memperkuat          strengthening the national energy and
menghasilkan produk antara MHP/MSP             to producing MHP/MSP intermediate               rantai pasok energi dan nikel nasional,      nickel supply chain and transforming it into
untuk baterai Electric Vehicle (EV), HPAL      products for Electric Vehicle (EV) batteries,   serta mengubahnya menjadi basis industri     a self-sufficient and globally competitive
juga mendukung target keberlanjutan            HPAL also supports sustainability targets       EV yang mandiri dan kompetitif secara        EV industrial base.
berkat intensitas karbonnya yang lebih                                                         global.


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                                                                                                                                                           Tinjauan Operasi Per Segmen Usaha
                                                                                                                                                     Operational Review Per Business Segment


Operational Review Per Business Segment


Pada tahun 2025, Pertosea telah               in 2025, Petrosea secured new contracts          Melalui pertumbuhan organik dan            Through organic and inorganic growth, the
memperoleh kontrak kontrak baru               from Freeport Indonesia, Bara Prima              anorganik tersebut, saat ini Perusahaan    Company currently operates three main
diantara nya dari Freeport Indonesia,         Mandiri, Vale Indonesia, and Barasentosa         menjalankan tiga segmen bisnis utama       business segments as explained below.
Bara Prima Mandiri, Vale Indonesia serta      Lestari, among others. As a result,              seperti dijelaskan dibawah.
Barasentosa Lestari. Sebagai hasilnya,        Petrosea's backlog increased from
backlog Petrosea mengalami peningkatan        US$2.89 billion in December 2024 to              Kontribusi Segmen Bisnis                   Business Segment Contribution
dari US$2,89 miliar pada Desember             US$4.44 billion in 2025. These contract
                                                                                               Lini bisnis Jasa Pertambangan telah        The Mining Contract business line
2024 menjadi US$4,44 miliar di tahun          acquisitions demonstrate sustainable
                                                                                               memberikan kontribusi terhadap total       contributed 43.91% to the Company's
2025. Perolehan kontrak ini menunjukkan       demand and strong future revenue
                                                                                               pendapatan Perusahaan, yaitu sebesar       total revenue, followed by Engineering,
permintaan yang berkelanjutan dan             potential.
                                                                                               43,91%, diikuti oleh Rekayasa, Pengadaan   Procurement & Construction (EPC) at
potensi pendapatan masa depan yang
                                                                                               & Konstruksi (EPC) sebesar 42,84% serta    42.84%, as well as Logistics & Support
kuat.
                                                                                               Jasa Logistik & Pendukung sebesar 3,71%.   Services at 3.71%.

Selain dari itu, Petrosea secara proaktif     Furthermore, Petrosea proactively
                                                                                               Pada tahun 2025, Perusahaan kembali        in 2025, the Company again recorded
memperkuat fondasinya melalui                 strengthened its foundation through a
                                                                                               mencatatkan kinerja positif di mana        positive performance, with revenue
serangkaian akuisisi yang mengubah            series of acquisitions that transformed
                                                                                               pertumbuhan pendapatan dari lini bisnis    growth from the EPC and Mining Services
lanskap bisnisnya. Langkah ini terlihat       its business landscape. This was evident
                                                                                               EPC & Jasa Pertambangan meningkat.         business line increasing. The Company also
jelas dari beberapa aksi korporasi            in several corporate actions undertaken
                                                                                               Perusahaan juga sudah mencatatkan aliran   recorded revenue from the offshore oil &
yang dilakukan sepanjang tahun                throughout 2025, including the acquisition
                                                                                               pendapatan dari lini bisnis EPCI Migas     gas EPCI business line of US$30.07 million.
2025, diantaranya akuisisi grup HBS           of the HBS group in Papua New Guinea,
                                                                                               Lepas Pantai sebesar US$30,07 juta.
di Papua Nugini yang tidak hanya              which not only propelled Petrosea into
membawa Petrosea memasuki sektor              the gold and high-value mineral mining
                                                                                               Sementara itu, lini bisnis Jasa Logistik   Meanwhile, the Logistics & Support
pertambangan emas dan mineral bernilai        sector but also marked a new step in
                                                                                               & Pendukung mengalami penurunan            Services business line experienced a
tinggi, tetapi juga menandai langkah          the company's international business
                                                                                               pendapatan dikarenakan menurunnya          decline in revenue due to reduced activity
baru dalam pengembangan bisnis                development. Furthermore, the acquisition
                                                                                               aktivitas dan kegiatan operasionalnya.     and operational activities.
internasional perusahaan. Selain dari         of the Hafar group strengthened the
itu, pengambilalihan grup Hafar berhasil      offshore oil and gas services segment,
memperkuat segmen layanan minyak              offering more comprehensive services
dan gas lepas pantai (offshore), yang         from upstream to downstream.
menawarkan jasa yang lebih komprehensif
dari hulu ke hilir.

Lebih lanjut, perusahaan memperkaya           Furthermore, the company enhanced
kapabilitas tekniknya melalui akuisisi        its engineering capabilities through the
mayoritas saham Scan-Bilt Pte. Ltd.,          acquisition of a majority stake in Scan-Bilt
sebuah perusahaan konstruksi dan teknik       Pte. Ltd., a Singapore-based construction
sipil yang berbasis di Singapura. Integrasi   and civil engineering company. The
Scan-Bilt secara substansial meningkatkan     integration of Scan-Bilt substantially
kapabilitas Engineering, Procurement, and     enhances Petrosea's Engineering,
Construction (EPC) Petrosea, terutama di      Procurement, and Construction (EPC)
sektor konstruksi dan rekayasa civil yang     capabilities, particularly in the construction
berfokus pada sektor minyak & gas dan         and civil engineering sectors, focusing
pengelohan kimia.                             on the oil & gas and chemical processing
                                              sectors.


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Operational Review Per Business Segment                                                                                                                                   Operational Review Per Business Segment




                                                                                        juta US$/ million US$


                                                                                                                 Jasa Pertambangan                             Mining Services
                                              Pendapatan per Lini Bisnis
                                               Revenue per Business Line                                         Melalui grup HBS, Petrosea memperluas         Through the HBS group, Petrosea is
                                                                                                                 usahanya dengan menghadirkan solusi           expanding its business by providing
                             Deskripsi
                                                                                          Pertumbuhan/           berkelanjutan dalam bentuk layanan            sustainable solutions in the form of
                                                              2025         2024              Growth
                            Description                                                   2025-2024(%)           jasa pertambangan khususnya untuk             mining services, specifically for the
                                                                                                                 sektor komoditas emas. Ekspansi ini           gold commodity sector. This expansion
    Jasa Pertambangan
                                                               389,25      290,15                34,15%
                                                                                                                 juga mencakup pengembangan bisnis di          also includes business development
    Mining Services
                                                                                                                 bidang solusi alat berat yang komprehensif    in comprehensive heavy equipment
                                                                                                                 termasuk distribusi peralatan, mesin,         solutions, including the distribution of
    Rekayasa, Pengadaan & Konstruksi
                                                                379,75      299,17               26,93%
                                                                                                                 dan suku cadang serta sektor properti.        equipment, machinery, and spare parts, as
    Engineering, Procurement & Construction
                                                                                                                 Perluasan jangkauan bisnis ini secara         well as the property sector. This business
    Jasa Logistik & Pendukung                                                                                    spesifik difokuskan di wilayah Papua Nugini   expansion is specifically focused on Papua
                                                                30,07       34,63                (13,17%)
    Logistics & Support Services
                                                                                                                 dan Australia.                                New Guinea and Australia.
    EPCI Migas Lepas Pantai
                                                                 32,87            -                100%
    Offshore Oil & Gas EPCI                                                                                      Berbekal pengalaman lebih dari                With over 54 years of experience, Petrosea
                                                                                                                 54 tahun, Petrosea tidak hanya memiliki       not only possesses in-depth knowledge
    Penjualan Batu bara
                                                                 52,01       64,17              (18,93%)         pengetahuan mendalam mengenai                 of the evolution of the Indonesian mining
    Sale of Coal
                                                                                                                 evolusi industri pertambangan Indonesia,      industry but has also adopted the latest
    Lainnya                                                                                                      tetapi juga telah mengadopsi teknologi        technology to meet increasingly complex
                                                                   2,51      2,69                (6,51%)
    Others                                                                                                       terkini untuk memenuhi ekspektasi             customer expectations. The Company
                                                                                                                 pelanggan yang semakin kompleks.              stands as an integrated pit-to-port
                                                                                                                 Perusahaan berdiri sebagai penyedia jasa      mining services provider, supported by
                                                                                                                 pertambangan terintegrasi pit-to-port         comprehensive technical capabilities.
                                                                                                                 yang didukung oleh berbagai kapabilitas
Pendapatan per Lini Bisnis (%)
                                                                                                                 teknis komprehensif.
Revenue per Business Line

                                                                                                                 Kapabilitas ini meliputi:                     These capabilities include:
                                                                                                                 • Jasa pertambangan tambang terbuka           • Open pit mining services
      5,87%                                                                                0,28%
  Penjualan Batu bara                                                                         Lainnya
                                                                                                                 •   Konstruksi sipil dan infrastruktur,       •   Civil and infrastructure construction,
     Sale of Coal                                                                             Others                 termasuk jalan, bendungan tailing             including roads, tailing dams, and site
                                                                                                                     dan fasilitas site                            facilities
      3,39%                                                                                                      •   Layanan manajemen proyek                  •   Mining project management
Jasa Logistik & Pendukung                                                                                            pertambangan, termasuk peralatan              services, including equipment and
   Logistics & Support                                                                    42,84%                     dan operator pemilik tambang serta            operators from mine owners as well as
         Services                                                                      Rekayasa, Pengadaan
                                                                                            & Konstruksi             subkontraktor                                 subcontractors
                                                                                      Engineering, Procurement
                                                                                           & Construction
                                                                                                                 •   Layanan konsultasi teknis dan studi       •   Technical and feasibility study
                                                                                                                     kelayakan                                     consulting services
                                                                                                                 •   Layanan perencanaan dan optimalisasi      •   Mine planning and optimization
                                                                                                                     tambang                                       services
      3,71%                                                                                43,91%
 EPCI Migas Lepas Pantai                                                                Jasa Pertambangan
                                                                                                                 •   Solusi Minerva Digital Platform           •   Minerva Digital Platform solution that
 Offshore Oil & Gas EPCI                                                                  Mining Services            yang dapat diterapkan di operasional          can be applied in mining operations
                                                                                                                     tambang




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Pada tahun 2025, Petrosea mencatat             In 2025, Petrosea recorded operational        Petrosea dikenal memiliki rekam jejak         Petrosea is known for its reliable track
kinerja operasional sesuai yang                performance in line with targets. In          yang handal dalam menyediakan solusi          record in providing integrated mining
ditargetkan. Pada lini bisnis Jasa             its Mining Services business line, the        pertambangan yang terintegrasi.               solutions. This competitive advantage is
Pertambangan, Perusahaan mencatat              Company recorded total overburden             Keunggulan kompetitif ini didukung secara     substantially supported by the Minerva
total pemindahan lapisan tanah penutup         removal of 135.22 million barrels per cubic   substansial oleh Minerva Digital Platform,    Digital Platform, a technology ecosystem
sebesar 135,22 juta BCM dan produksi batu      meter (BCM) and coal production of 19.18      sebuah ekosistem teknologi yang kaya          rich in digital solutions. Minerva's features
bara sebesar 19,18 juta ton.                   million tons.                                 akan solusi digital. Fitur-fitur Minerva      ensure efficient mining operations.
                                                                                             memastikan operasional tambang berjalan
Adapun ekspansi project yang sedang            Expansion projects currently underway in
                                                                                             efisien.
dikerjakan pada tahun 2025 di antaranya        2025 include:
adalah:
                                                                                             Berdasarkan pelaporan segmen, lini            Based on segment reporting, the Mining
Kontrak Pertambangan Batu bara                 Coal Mining Contracts                         bisnis Jasa Pertambangan mencatatkan          Services business line recorded a contract
1. Proyek Kideco Jaya Agung                    1. Kideco Jaya Agung Project                  nilai kontrak mencapai US$3,96 miliar         value of US$3.96 billion, equivalent to
2. Proyek Kartika Selabumi Mining              2. Kartika Selabumi Mining Project            atau setara dengan Rp65,37 triliun yang       Rp65.37 trillion, obtained from various
3. Proyek Indo Bara Pratama                    3. Indo Bara Pratama Project                  diperoleh dari berbagai kontrak baru dan      new contracts and existing projects.
4. Proyek Kedap Sayaaq                         4. Kedap Sayaaq Project                       dari existing project. Total pendapatan       Total revenue from this business line was
5. Proyek Pasir Bara Prima                     5. Pasir Bara Prima Project                   dari lini bisnis ini sebesar US$441,27 juta   US$441.27 million, with an operating profit
6. Proyek Global Bara Mandiri                  6. Global Bara Mandiri Project                dengan laba operasi sebesar US$25,84          of US$25.84 million in 2025.
7. Proyek Tamtama Perkasa                      7. Tamtama Perkasa Project                    juta pada tahun 2025.
8. Proyek Borneo Bangun Banua                  8. Borneo Bangun Banua Project
9. Proyek Barasentosa Lestari                  9. Barasentosa Lestari Project
10. Proyek Bartim Coalindo                     10. Bartim Coalindo Project
11. Proyek Bara Prima Mandiri                  11. Bara Prima Mandiri Project

Kontrak Pertambangan Nikel                     Nickel Mining Contracts
1. Proyek Vale Indonesia                       1. Vale Indonesia Project
2. Proyek Sumberdaya Arindo                    2. Arindo Resources Project

Jasa Pertambangan Emas                         Gold Mining Services through
melalui grup HBS                               the HBS group
1. Proyek Harmony Gold                         1. Harmony Gold Project
2. Proyek Newmont                              2. Newmont Project
3. Proyek St. Barbara                          3. St. Barbara Project




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Operational Review Per Business Segment                                                                                                                 Operational Review Per Business Segment




Rekayasa, Pengadaan & Konstruksi               Engineering, Procurement &                    Petrosea menyediakan jasa rekayasa,            Petrosea provides engineering,
                                               Construction                                  pengadaan, konstruksi dan operasional,         procurement, construction, and
                                                                                             termasuk:                                      operational services, including:
Petrosea telah memiliki pengalaman yang        Petrosea has extensive experience
ekstensif di seluruh wilayah Indonesia.        throughout Indonesia. This success is         •    Technical due diligence                   •   Technical due diligence
Keberhasilan ini didukung oleh hubungan        supported by strong relationships with key    •    Conceptual to full bankable feasibility   •   Conceptual to full bankable
yang kuat dengan para pemangku                 stakeholders, such as the government,              studies                                       feasibility studies
kepentingan utama, seperti pemerintah,         communities and consultants.                  •    Front end engineering design              •   Front end engineering design
masyarakat dan konsultan.                                                                    •    Detail engineering design                 •   Detail engineering design
                                                                                             •    Project Management                        •   Project Management
Petrosea secara berkelanjutan                  Petrosea continuously strengthens its
                                                                                             •    Plant and equipment hire                  •   Plant and equipment hire
memperkuat kapabilitas rekayasanya             engineering capabilities to enhance the
                                                                                             •    Procurement and logistics                 •   Procurement and logistics
untuk meningkatkan proposisi nilai             value proposition offered to clients. This
                                                                                             •    Operation and maintenance services        •   Operation and maintenance services
yang ditawarkan kepada klien. Hal              enables the Company to provide high-
                                                                                             •    Construction                              •   Construction
ini memungkinkan Perusahaan untuk              quality and competitively priced solutions,
                                                                                             •    Commissioning                             •   Commissioning
memberikan solusi berkualitas tinggi dan       from conceptual services and feasibility
harga yang bersaing, mulai dari layanan        studies to Front-End Engineering Design
                                                                                             Dengan memberikan pelayanan terbaik,           By providing the best service, Petrosea
konseptual, studi kelayakan, Front-            (FEED), to full Engineering, Procurement,
                                                                                             Petrosea juga dapat menyediakan jasa           can also provide accurate design and
End Engineering Design (FEED), hingga          Construction/Management (EPC/M)
                                                                                             desain dan estimasi yang akurat, berfungsi     estimation services, ensuring the scope
implementasi Engineering, Procurement,         implementation, particularly for EPC
                                                                                             untuk memastikan ruang lingkup dan             and budget of all projects align with
Construction/Management (EPC/M)                mining projects.
                                                                                             anggaran semua proyek sejalan dengan           customer needs and expectations.
secara penuh khususnya untuk proyek
                                                                                             kebutuhan dan ekspektasi pelanggan.
EPC pertambangan.
                                                                                             Adapun project yang sedang dikerjakan          Projects currently underway in 2025
                                                                                             pada tahun 2025 di antaranya adalah:           include:
                                                                                             1.   Proyek Freeport Indonesia                 1. Freeport Indonesia Project
                                                                                             2.   Proyek JO Flour-Petrosea                  2. JO Flour-Petrosea Project
                                                                                             3.   Proyek Masmindo Dwi Area                  3. Masmindo Dwi Area Project
                                                                                             4.   Proyek Manyar Maju Refinery               4. Manyar Maju Refinery Project
                                                                                             5.   Proyek BP Berau                           5. BP Berau Project
                                                                                             6.   Proyek Vale Indonesia                     6. Vale Indonesia Project
                                                                                             7.   Proyek Daya Bumindo Karunia               7. Daya Bumindo Karunia Project


                                                                                             Lini bisnis ini juga mengaplikasikan Minerva   This business line also applies Minerva EPC
                                                                                             EPC sebagai inisiatif strategis Project        as part of its strategic initiative, Project
                                                                                             Minerva (Mining and Engineering Advanced       Minerva (Mining and Engineering Advanced
                                                                                             Analytics) dengan memanfaatkan sistem          Analytics). This initiative utilizes a digital
                                                                                             digital platform yang dirancang untuk          platform system designed to solve various
                                                                                             menyelesaikan berbagai permasalahan            operational issues in EPC projects by
                                                                                             operasional di proyek-proyek EPC dengan        adopting Industry 4.0 technology.
                                                                                             mengadopsi teknologi Industri 4.0.




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Operational Review Per Business Segment                                                                                                                 Operational Review Per Business Segment




Berdasarkan pelaporan segmen, lini                  Based on segment reporting, the              •   Hafar Daya Samudera (HDS)               •   Hafar Daya Samudera (HDS)
bisnis Rekayasa, Pengadaan & Konstruksi             Engineering, Procurement & Construction          Mendukung aktivitas pengeboran              Supporting offshore drilling and
mencatatkan nilai kontrak mencapai                  business line recorded a contract value          dan produksi lepas pantai, grup Hafar       production activities, the Hafar group
US$317,00 juta atau setara dengan                   of US$317.00 million or equivalent to            menyediakan layanan pelayaran               provides licensed shipping services
Rp5,23 triliun yang diperoleh dari berbagai         Rp5.23 trillion obtained from various            berlisensi dan pengoperasian crew           and the operation of crew boats,
kontrak baru dan dari existing project.             new contracts and existing projects.             boat, coastal tug, material barge,          coastal tugs, material barges, general
Total pendapatan dari lini bisnis ini sebesar       Total revenue from this business line was        general barge dan shallow water             barges, and shallow water dredgers
US$379,75 juta dengan laba operasi                  US$379.75 million with an operating profit       dredger melalui HDS                         through HDS
swebesar US$36,91 juta pada tahun 2025.             of US$36.91 million in 2025.
                                                                                                 •   Hafar Capitol Nusantara (HCN)           •   Hafar Capitol Nusantara (HCN)
                                                                                                     Melalui HCN yang dimiliki sepenuhnya        Through HCN, wholly owned by HDS,
EPCI Migas Lepas Pantai                             Offshore Oil & Gas EPCI
                                                                                                     oleh HDS, grup Hafar memberikan             the Hafar group provides pipelaying
Petrosea gencar melakukan diversifikasi             Petrosea is aggressively diversifying            layanan pipelaying barge, anchor            barge services, anchor handling tugs,
bisnis ke sektor non-batu bara melalui              its business into non-coal sectors               handling tugs dan pontoon barge             and pontoon barges
integrasi grup Hafar. Langkah strategis             through the integration of the Hafar
ini memperluas kapabilitasnya dengan                group. This strategic move expands its
layanan EPCI (Engineering, Procurement,             capabilities with integrated offshore EPCI
Construction, and Installation) lepas pantai        (Engineering, Procurement, Construction,
terpadu, didukung oleh adopsi teknologi             and Installation) services, supported by
mutakhir dan penguatan kompetensi                   the adoption of cutting-edge technology
teknis multidisiplin. Dengan cakupan                and the strengthening of multidisciplinary
seluruh rantai nilai dari hulu ke hilir, Petrosea   technical competencies. Covering
terus mendukung pengembangan potensi                the entire value chain from upstream
industri minyak dan gas serta hilirisasi            to downstream, Petrosea continues
mineral dan migas nasional.                         to support the development of the
                                                    potential of the oil and gas industry and
                                                    the downstream development of national
                                                    minerals and oil and gas.

Berikut kapabilitas yang dimiliki melalui           The following capabilities are available
grup Hafar:                                         through the Hafar group:

•     Hafar Daya Konstruksi (HDK)                   •   Hafar Daya Konstruksi (HDK)
      Menyediakan layanan offshore                      Provides offshore pipelaying, subsea
      pipelaying, subsea segment pipe                   segment pipe replacement, shore pull,
      replacement, shore-pull, PLEM                     PLEM installation, calm buoy (SPM)
      installation, calm Buoy (SPM)                     installation, platform riser repair/
      installation, platform riser-repair/              replacement, and pre-trenching and
      replacement dan pre-trenching &                   post-trenching services
      post-trenching




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Adapun proyek yang sedang dikerjakan           The projects currently underway in 2025       serta berbagai layanan logistik krusial        other crucial logistics services such as
pada tahun 2025 di antaranya adalah:           include:                                      lainnya seperti penanganan suku                spare parts handling, ship agency, waste
1. Proyek Freeport Indonesia                   1. Freeport Indonesia Project                 cadang, agen kapal, manajemen limbah,          management, bulk material management,
2. Proyek Petronas                             2. Petronas Project                           pengelolaan material bulk, dan pelacakan       and goods tracking.
3. Proyek Pertamina Hulu Energi                3. Pertamina Hulu Energi Southeast            barang.
   Southeast Sumatera                              Sumatra Project
4. Proyek Pertamina Hulu Energi                4. Pertamina Hulu Energi Northwest Java       Petrosea mendiversifikasi portofolio           Petrosea is diversifying its business
   Northwest Java                                  Project                                   bisnisnya ke sektor infrastruktur melalui      portfolio into the infrastructure sector
                                                                                             PT Petrosea Infrastruktur Nusantara            through PT Petrosea Infrastruktur
Berdasarkan pelaporan segmen, lini bisnis      Based on segment reporting, the Offshore
                                                                                             (PIN), yang menyediakan jasa konsultasi        Nusantara (PIN), which provides
EPCI Migas Lepas Pantai mencatatkan nilai      Oil & Gas EPCI business line recorded
                                                                                             manajemen dan infrastruktur. PIN               management and infrastructure consulting
kontrak mencapai US$149 juta atau setara       a contract value of US$149 million or
                                                                                             berfungsi sebagai sub-holding yang             services. PIN serves as a sub-holding that
dengan Rp2,47 triliun yang diperoleh dari      equivalent to Rp2.47 trillion obtained from
                                                                                             menaungi beberapa anak usaha yang              houses several subsidiaries operating
berbagai kontrak baru dan dari existing        various new contracts and from existing
                                                                                             bergerak di lintas sektor. Sektor-sektor ini   across sectors. These sectors include
project. Total pendapatan dari lini bisnis     projects. Total revenue from this business
                                                                                             mencakup pengangkutan, pergudangan,            transportation, warehousing, scientific
ini sebesar US$32,87 juta dengan laba          line was US$32.87million with an operating
                                                                                             layanan profesional ilmiah dan teknis, serta   and technical professional services, and
operasi sebesar US$10,25 juta pada tahun       profit of US$10.25 million in 2025.
                                                                                             perdagangan komoditas batu bara dan            trading of coal and iron ore commodities.
2025.
                                                                                             bijih besi.

                                                                                             •   Usaha Berlayar Lancar (UBL)                •   Usaha Berlayar Lancar (UBL)
Jasa Logistik & Pendukung                      Logistics & Support Services                      UBL yang dimiliki sebesar 30% oleh             UBL which is 30% owned by PIN,
Petrosea mendukung industri minyak dan         Petrosea supports the oil and gas industry        PIN, menjalankan usaha di bidang               engages in transportation and
gas bumi di Indonesia melalui Petrosea         in Indonesia through its Petrosea Offshore        pengangkutan dan pergudangan                   warehousing services sectors through
Offshore Supply Base (POSB) yang               Supply Base (POSB), strategically located         barang melalui kegiatan angkutan laut          domestic port waterway shipping
berlokasi strategis di Sorong, Papua           in Sorong, Southwest Papua. POSB                  perairan pelabuhan dalam negeri.               activities.
Barat Daya. POSB menjamin seluruh klien        ensures all clients receive cost-effective    •   Lintas Kelola Berlaba (LKB)                •   Lintas Kelola Berlaba (LKB)
menerima layanan berstandar internasional      & international-standard services.                LKB yang dimiliki sebesar 51% oleh             LKB which is 51% owned by PIN,
& efektivitas biaya (cost-effectiveness).                                                        PIN, menjalankan usaha di bidang               engages in mining services as well as
Layanan supply base management                 Petrosea's supply base management                 jasa pertambangan serta aktivitas              professional, scientific and technical
Petrosea mengutamakan pada K3L                 services prioritize SHE (Safety, Health &         profesional, ilmiah dan teknis.                activities.
(Keselamatan, Kesehatan Kerja &                Environment). This commitment ensures         •   Chandra Tirta Karian (CTK)                 •   Chandra Tirta Karian (CTK)
Lingkungan). Komitmen ini memastikan           the Company can provide safe and                  CTK yang dimiliki sebesar 35% oleh             CTK which is 35% owned by PIN,
Perusahaan untuk dapat memberikan              efficient services to support offshore oil        PIN, menjalankan usaha di bidang jasa          engages in financial services and
pelayanan secara aman dan efisien              and gas production, development, and              keuangan dan konsultasi manajemen.             management consulting.
untuk mendukung aktivitas produksi,            exploration activities in Indonesia.
pengembangan, dan eksplorasi minyak                                                          •   Portus Bara Jaya (PBJ)                     •   Portus Bara Jaya (PBJ)
& gas bumi offshore (lepas pantai) di                                                            PBJ yang dimiliki sebesar 50% oleh             PBJ which is 50% owned by PIN,
Indonesia.                                                                                       PIN, menjalankan usaha di bidang jasa          engages in general trading services
                                                                                                 perdagangan umum serta aktivitas               as well as professional, scientific &
Pelayanan supply base management               Our supply base management services               profesional, ilmiah & teknis.                  technical activities.
kami mencakup operasional dermaga,             include dock operations, transportation
manajemen transportasi dan pelabuhan,          and port management, and various




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Tinjauan Operasi Per Segmen Usaha
Operational Review Per Business Segment




•   Maha Raja Mineral (MRM)                    •   Maha Raja Mineral (MRM)
    MRM yang dimiliki sebesar 40% oleh             MRM which is 40% owned by PIN,
    PIN, menjalankan usaha di bidang jasa          engages in coal, nickel and iron
    perdagangan komoditas batu bara,               ore commodity trading services in
    nikel dan bijih besi di Indonesia.             Indonesia.

Langkah diversifikasi melalui PIN ini secara   This diversification initiative through PIN
strategis memperkuat posisi Petrosea           strategically strengthens Petrosea's
sebagai penyedia solusi terintegrasi yang      position as an integrated solutions
mendukung pengembangan infrastruktur           provider supporting broader national
nasional yang lebih luas. Dengan cakupan       infrastructure development. With the
lintas sektor yang ditawarkan oleh             cross-sector coverage offered by PIN
anak-anak usaha PIN, Petrosea siap             subsidiaries, Petrosea is poised to create
menciptakan nilai tambah yang signifikan       significant added value in the logistics,
dalam rantai pasok logistik, teknis, dan       technical, and commodity supply chains,
komoditas, menegaskan komitmen                 underscoring the Company's commitment
Perusahaan terhadap pertumbuhan yang           to comprehensive and sustainable growth.
komprehensif dan berkelanjutan.

Berdasarkan pelaporan segmen, lini bisnis      Based on segment reporting, the Logistics,
Jasa Logistik, Infrastruktur dan Pendukung     Infrastructure, and Oil & Gas Support
Kegiatan Minyak & Gas Bumi mencatatkan         Services business line recorded a contract
nilai kontrak mencapai US$11,34 juta           value of US$11.34 million, equivalent to
atau setara dengan Rp187,07 milliar yang       Rp187,07 billion, obtained from various
diperoleh dari berbagai kontrak baru dan       new contracts and existing projects.
dari existing project. Total pendapatan dari   Total revenue from this business line was
lini bisnis ini sebesar US$30,07 juta dengan   US$30.07 million, with an operating profit
laba operasi sebesar US$1,02 juta pada         of US$1.02 million in 2025.
tahun 2025.




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Keunggulan Perusahaan & Strategi Bisnis
                                                                                                                                                   Keunggulan Perusahaan & Strategi Bisnis
                                                                                                                                                  Corporate Excellence & Business Strategy


Corporate Excellence & Business Strategy


Strategi Bisnis 2025-2026                    Business Strategy 2025-2026                  Diversifikasi Portfolio Strategis           Strategic Portfolio Diversification

Sebagai Perusahaan terdepan dalam            As a leading Company in the mining and       Petrosea secara aktif mendiversifikasi      Petrosea is actively diversifying its project
sektor Pertambangan dan energi di            energy sector in Indonesia, Petrosea         portofolio proyeknya dengan merambah        portfolio by expanding into mineral
Indonesia, Petrosea secara konsisten         consistently targets sustainability          ke sektor pertambangan mineral selain       mining sectors beyond its existing ones.
menargetkan keberlanjutan dan                and long-term growth. Through the            yang sudah ada. Perusahaan ini juga         The company is also exploring business
pertumbuhan jangka panjang. Melalui          implementation of strategies that            mengeksplorasi peluang bisnis di sektor     opportunities in the oil, natural gas and
pelaksanaan strategi yang menekankan         emphasize efficiency and innovation,         minyak, gas alam dan infrastruktur.         infrastructure sectors. This strategic move
pada efisiensi dan inovasi, Petrosea         Petrosea is committed to providing           Langkah strategis ini sejalan dengan        aligns with current industry dynamics
bertekad untuk memberikan nilai tambah       significant added value, not only to         dinamika industri saat ini dan bertujuan    and aims to build more diverse revenue
yang signifikan, tidak hanya bagi klien      clients but also to all stakeholders.        untuk membangun sumber pendapatan           streams, ultimately strengthening
tetapi juga bagi seluruh pemangku            This commitment is supported by five         yang lebih beragam, yang pada akhirnya      Petrosea's position in the global market.
kepentingan. Komitmen ini didukung           key pillars that serve as the foundation     akan memperkuat posisi Petrosea di pasar
oleh lima pilar utama yang menjadi           for achieving the company's strategic        global.
landasan bagi pencapaian tujuan strategis    objectives.
                                                                                          Komitmen untuk Meningkatkan                 Commitment to Competency
perusahaan.
                                                                                          Kompetensi                                  Enhancement
Efisiensi Operasional dan Peningkatan        Operational Efficiency and Increasing        Transformasi berkelanjutan di Petrosea      Petrosea's ongoing transformation
Nilai bagi Pemangku Kepentingan              Stakeholder Value                            meliputi upaya peningkatan kompetensi       includes efforts to improve the
Petrosea bertekad untuk secara               Petrosea is committed to continuously        dan kapabilitas seluruh sumber daya         competency and capabilities of all its
berkelanjutan meningkatkan efisiensi         improving its operational efficiency to      manusianya. Melalui program pendidikan,     human resources. Through continuous
operasionalnya demi memberikan nilai         provide optimal added value to clients       pelatihan dan pengembangan inovasi yang     education, training and innovation
tambah yang optimal kepada klien             and stakeholders. By better managing         berkesinambungan, Petrosea memastikan       development programs, Petrosea ensures
dan pemangku kepentingan. Dengan             resources and operational processes, the     bahwa seluruh karyawan telah dibekali       that all employees are equipped with
mengelola sumber daya dan proses             Company strives to ensure a significant      dengan keterampilan dan pengetahuan         the skills and knowledge to face future
operasional dengan lebih baik, Perusahaan    contribution to the Indonesian mining        untuk menghadapi tantangan di masa          challenges. This commitment not only
berusaha memastikan kontribusi signifikan    sector. These efforts not only strengthen    depan. Komitmen ini tidak hanya             improves the quality of work but also
bagi sektor pertambangan Indonesia.          Petrosea's competitiveness but also          meningkatkan kualitas pekerjaan, tetapi     fosters a superior corporate culture.
Upaya ini tidak hanya memperkuat daya        generate a positive impact on the national   juga menumbuhkan budaya perusahaan
saing Petrosea, tetapi juga menghasilkan     economy.                                     yang lebih unggul.
dampak positif bagi perekonomian
                                                                                          Menciptakan Keunggulan dalam                Creating Excellence in Safety and Health
nasional.
                                                                                          Keselamatan dan Kesehatan
Peningkatan Penciptaan Nilai bagi Klien      Increasing Value Creation for Clients        Keselamatan dan keamanan adalah             Safety and security are top priorities in all
Petrosea memprioritaskan hubungan yang       Petrosea prioritizes strong relationships    prioritas utama dalam seluruh operasi       Petrosea operations. The company strives
erat dengan klien. Perusahaan berfokus       with clients. The company focuses on         Petrosea. Perusahaan ini berupaya           to strengthen its Occupational Safety and
pada penguatan lini bisnis yang sudah        strengthening existing business lines        keras untuk memperkuat budaya K3            Health (K3) culture by implementing high
ada dan inovasi berkelanjutan untuk          and continuous innovation to create          (Keselamatan dan Kesehatan Kerja)           standards with a target of zero accidents.
menciptakan nilai tambah yang lebih besar    greater added value for both existing        melalui penerapan standar tinggi            Furthermore, Petrosea integrates ESG
bagi klien eksisting maupun klien baru.      and new clients. Through an adaptive         dengan target nol kecelakaan. Selain itu,   (Environmental, Social and Governance)
Melalui pendekatan yang adaptif dan          and responsive approach to their needs,      Petrosea mengintegrasikan inisiatif ESG     initiatives into every aspect of its
responsif terhadap kebutuhan mereka,         Petrosea ensures business sustainability     (Environmental, Social and Governance)      operations. With a strong commitment
Petrosea menjamin keberlanjutan bisnis       and customer satisfaction in every project   di setiap aspek operasionalnya. Dengan      to Good Corporate Governance
dan kepuasan pelanggan di setiap proyek      it undertakes.                               komitmen yang kuat terhadap GCG (Good       (GCG), Petrosea continues to ensure
yang dilaksanakan.                                                                        Corporate Governance), Petrosea terus       employee well-being and environmental
                                                                                          menjamin kesejahteraan karyawan dan         sustainability.
                                                                                          kelestarian lingkungan.
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Corporate Excellence & Business Strategy                                                                                                                  Corporate Excellence & Business Strategy




Keunggulan Kompetitif 2025-2026               Competitive Advantages 2025 - 2026              dan rekayasa yang terintegrasi. Selain          Furthermore, Petrosea is a pioneer in
                                                                                              itu, Petrosea juga menjadi pelopor              utilizing digital innovation to improve
Portofolio Klien Yang Terdiversifikasi        Diversified Client Portfolio
                                                                                              dalam pemanfaatan inovasi digital untuk         operational efficiency, positioning it as a
Kekuatan utama Petrosea terletak pada         Petrosea's core strength lies in its broad
                                                                                              meningkatkan efisiensi operasional,             technology leader in the mining sector.
portofolio kliennya yang luas dan beragam,    and diverse client portfolio, including
                                                                                              menempatkannya sebagai pemimpin
termasuk perusahaan-perusahaan                leading blue-chip companies from
                                                                                              teknologi di sektor pertambangan.
blue-chip terkemuka dari berbagai             various industries. This diversity not only
industri. Keberagaman ini tidak hanya         demonstrates its solid market dominance         Pemimpin dalam Operasi Digital yang             Globally Recognized Leader in Digital
membuktikan dominasi pasar yang kokoh,        but also highlights Petrosea's reliability      Diakui Secara Global                            Operations
tetapi juga menyoroti keandalan dan           and reputation for delivering large-scale       Petrosea mendapatkan pengakuan                  Petrosea has earned global recognition
reputasi Petrosea dalam menyelesaikan         and complex projects in the mining and          global atas kemajuan digitalnya dengan          for its digital advancements, receiving the
proyek-proyek skala besar dan rumit           energy sectors. As a result, Petrosea is able   menerima penghargaan sebagai                    World Economic Forum's "Lighthouse"
di sektor pertambangan dan energi.            to maintain high competitiveness amidst         "Lighthouse" dari World Economic Forum          award for Industry 4.0 and digital
Dengan demikian, Petrosea mampu               highly volatile and challenging markets.        untuk Industri 4.0 dan aplikasi digital dalam   applications in the mining sector. This
mempertahankan daya saing yang tinggi                                                         sektor pertambangan. Penghargaan ini            award solidifies Petrosea's position as a
di tengah pasar yang sangat fluktuatif dan                                                    mengukuhkan posisi Petrosea sebagai             pioneer in the use of digital technology
menantang.                                                                                    pelopor dalam penggunaan teknologi              to improve productivity, safety and
                                                                                              digital untuk meningkatkan produktivitas,       operational efficiency in the mining
Performa Keuangan yang Kuat dan Arus          Strong Financial Performance and Stable
                                                                                              keselamatan dan efisiensi operasional           industry.
Kas yang Stabil                               Cash Flow
                                                                                              dalam industri pertambangan.
Dengan kinerja keuangan solid yang            With solid financial performance including
termasuk arus kas stabil dan neraca kuat,     stable cash flow and a strong balance           Jaringan Global dengan Penyedia                 Global Network with Technology
Petrosea memiliki fondasi yang diperlukan     sheet, Petrosea has the necessary               Teknologi                                       Providers
untuk pertumbuhan berkelanjutan.              foundation for sustainable growth. This         Petrosea memiliki jaringan luas dengan          Petrosea has an extensive network
Konsistensi finansial ini memungkinkan        financial consistency enables the company       berbagai Original Equipment Manufacturer        with leading global Original Equipment
perusahaan untuk membiayai inovasi            to finance technological innovation and         (OEM) global terkemuka, yang memberikan         Manufacturers (OEMs), providing direct
teknologi dan ekspansi pasar. Stabilitas      market expansion. This financial stability      akses langsung ke teknologi terbaru dan         access to the latest technology and
finansial tersebut juga penting untuk         is also crucial for maintaining Petrosea's      memfasilitasi integrasi penuh di seluruh        facilitating full integration across the
menjaga kredibilitas dan daya tarik           credibility and attractiveness as a trusted     rantai pasokan. Kolaborasi strategis ini        supply chain. This strategic collaboration
Petrosea sebagai mitra tepercaya dalam        partner in the implementation of major          menjamin efisiensi biaya yang optimal           ensures optimal cost efficiency and
pelaksanaan proyek-proyek besar.              projects.                                       dan peningkatan kualitas dalam setiap           improved quality in every project.
                                                                                              proyek. Hal ini sangat mendukung posisi         This significantly supports Petrosea's
Penguasaan Teknologi dan Keahlian yang        Deep Technological Mastery and
                                                                                              Petrosea untuk terus berada di garis depan      continued position at the forefront
Mendalam                                      Expertise
                                                                                              inovasi dan pengelolaan sumber daya yang        of innovation and superior resource
Dengan pengalaman lebih dari lima             With more than five decades of
                                                                                              unggul.                                         management.
dekade, Petrosea telah mengembangkan          experience, Petrosea has developed
teknologi dan keahlian yang sangat            critical technology and expertise in the        Dukungan dari Perusahaan Induk                  Support from the Parent Company
penting di industri pertambangan,             mining, engineering and construction            Sebagai bagian dari grup Petrindo,              As part of a Petrindo group, Petrosea
rekayasa dan konstruksi. Perusahaan           industries. The Company is supported by         Petrosea menerima dukungan strategis            receives significant strategic support from
didukung oleh tim yang sangat kompeten        a highly competent team across various          signifikan dari perusahaan induknya.            its parent company. This support facilitates
di berbagai bidang operasional, mulai         operational areas, from exploration,            Dukungan ini mempermudah akses                  access to funding and the acquisition
dari eksplorasi, geologi dan perencanaan      geology and mine planning, to integrated        pendanaan dan akuisi proyek-proyek              of new projects. This advantage directly
tambang, hingga manajemen proyek              project management and engineering.




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Corporate Excellence & Business Strategy                                                                                                               Corporate Excellence & Business Strategy




baru. Keuntungan ini secara langsung          strengthens Petrosea's capacity to handle
memperkuat kapasitas Petrosea untuk           large-scale projects with a broader reach
menangani proyek-proyek berskala besar        and ensures optimal results.
dengan jangkauan yang lebih luas dan
menjamin hasil yang optimal

Dukungan Keuangan dari Bank dan               Financial Support from Banks and
Lembaga Keuangan                              Financial Institutions
Petrosea juga didukung oleh berbagai          Petrosea is also supported by various
bank dan lembaga keuangan terkemuka,          leading banks and financial institutions,
yang menjamin akses terhadap sumber           which guarantee access to adequate
pendanaan yang memadai untuk                  funding sources to support expansion and
mendukung inisiatif ekspansi dan              innovation initiatives. The availability of
inovasi. Ketersediaan sumber daya             these financial resources enables Petrosea
keuangan ini memungkinkan Petrosea            to effectively implement major projects
untuk secara efektif melaksanakan             and invest in technology development and
proyek-proyek besar dan berinvestasi          operational capability enhancements.
dalam pengembangan teknologi serta                                                           Sementara itu, di Indonesia, Kementerian       Meanwhile, in Indonesia, the Ministry of
peningkatan kapabilitas operasional.                                                         ESDM menargetkan produksi batu bara            Energy and Mineral Resources targets
                                                                                             nasional mencapai 735 juta ton pada            national coal production to reach 735
Prospek Usaha 2025-2026                       Business Prospects 2025 – 2026                 tahun 2025 (naik dari 710 juta ton pada        million tons by 2025 (up from 710 million
                                                                                             2024). Dari total tersebut, 240 juta ton       tons in 2024). Of this total, 240 million
Perusahaan menilai bahwa prospek              The Company assesses that the prospects        dialokasikan untuk kebutuhan domestik          tons are allocated for domestic needs
industri energi dan pertambangan di           for the energy and mining industry in          (Domestic Market Obligation) dan 495           (Domestic Market Obligation) and 495
Indonesia tetap menjanjikan dalam jangka      Indonesia remain promising in the medium       juta ton untuk ekspor. Hingga akhir tahun      million tons for export. By the end of 2025,
menengah. Pandangan positif ini didukung      term. This positive outlook is supported       2025, realisasi produksi telah mencapai        production realization reached 790 million
oleh pertumbuhan permintaan energi            by growing global energy demand and            790 juta ton, atau melebihi dari target yang   tons or exceeded the predetermined
secara global serta kebijakan pemerintah      government policies seeking to maintain        ditentukan.                                    target.
yang berupaya menjaga keberlanjutan           the sustainability of domestic supply.
pasokan domestik.                                                                            Mengingat prospek permintaan yang              Given the expected strong demand
Permintaan Global yang solid                  Solid Global Demand                            diperkirakan tetap kuat hingga tahun 2026,     outlook until 2026, the Company believes
                                                                                             Perusahaan meyakini industri batu bara         the national coal industry has strong
Batu bara masih menjadi sumber energi         Coal remains a highly competitive energy
                                                                                             nasional sangat prospektif dalam jangka        prospects in the medium term, particularly
yang sangat kompetitif dan memegang           source and plays a vital role in the global
                                                                                             menengah, terutama untuk segmen batu           for the high-calorie thermal coal and
peranan vital dalam sistem kelistrikan        electricity system, particularly in Asia and
                                                                                             bara termal berkalori tinggi dan batu bara     metallurgical coal segments, which are
dunia, khususnya di Asia dan Asia Tenggara.   Southeast Asia. The IEA estimates that
                                                                                             metalurgi yang vital bagi industri baja.       vital for the steel industry.
IEA memperkirakan permintaan global           global demand will reach approximately
akan mencapai sekitar 8,8 miliar ton pada     8.8 billion tons in 2025 and stabilize in      Diversifikasi Produk dan Pasar                 Product and Market Diversification
tahun 2025 dan stabil di tahun 2026,          2026, driven by China and India. This figure   Strategi ekspansi Perseroan ke batu bara       The Company's expansion strategy into
didorong oleh Tiongkok dan India. Angka       demonstrates the high global dependence        metalurgi, mineral baru dan pembangkit         metallurgical coal, new minerals and power
ini menunjukkan tingginya ketergantungan      on coal, particularly for power generation     listrik akan memperkuat posisinya sebagai      generation will strengthen its position as
global pada batu bara, terutama untuk         and the metals industry.                       pemain di sektor energi terintegrasi.          a player in the integrated energy sector.
pembangkit listrik dan industri logam.                                                       Selain itu, jangkauan ekspor yang luas         Furthermore, its extensive export reach
                                                                                             ke pasar seperti Filipina, Korea, Taiwan       to markets such as the Philippines, Korea,



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                                                                                           Strategi Pemasaran
Keunggulan Perusahaan & Strategi Bisnis
Corporate Excellence & Business Strategy


                                                                                           Marketing Strategy


dan India berfungsi sebagai penyangga,        Taiwan and India serves as a buffer,
memberikan ketahanan terhadap gejolak         providing resilience against global market
pasar global serta didukung oleh kebijakan    volatility and supported by government
pemerintah.                                   policies.

Dinamika Energi Global                        Global Energy Dynamics
Meskipun arah global adalah                   Despite the global trend toward
dekarbonisasi, batu bara tetap krusial        decarbonization, coal remains crucial
sebagai energi transisi di banyak negara      as a transitional energy source in many
berkembang. Penyesuaian kebijakan             developing countries. Policy adjustments
beberapa negara terkait komitmen              in several countries related to the Just
JETP (Just Energy Transition Partnership)     Energy Transition Partnership (JETP)
mengindikasikan adanya pendekatan             commitment indicate a more realistic
yang lebih realistis terhadap penggunaan      approach to coal use in the medium
batu bara dalam jangka menengah. Dalam        term. In this situation, the Company sees
situasi ini, Perusahaan melihat peluang       an opportunity to actively engage in
untuk terlibat aktif dalam pengembangan       the development of integrated energy
proyek energi terintegrasi, termasuk          projects, including the construction of
pembangunan pembangkit listrik berbasis       coal- and gas-based power plants, as well
batu bara dan gas, serta mengeksplorasi       as exploring new and renewable energy
proyek energi baru dan terbarukan (EBT) di    (NRE) projects in the future.
masa depan.
                                                                                           Petrosea senantiasa memperkuat posisi      Petrosea consistently strengthens its
ESG dan Efisiensi Operasional                 ESG and Operational Efficiency               tawarnya di sektor pertambangan            bargaining position in the mining and
Perusahaan aktif mendukung agenda             The Company actively supports the            dan energi melalui pendekatan yang         energy sectors through an integrated
transisi energi nasional melalui efisiensi    national energy transition agenda through    terintegrasi. Upaya ini dimulai dengan     approach. This effort begins with
energi, penerapan teknologi ramah             energy efficiency, the implementation        optimalisasi jaringan luas yang telah      optimizing the extensive network it has
lingkungan dan pengembangan lini              of environmentally friendly technologies     dibangun selama bertahun-tahun melalui     built over years through solid relationships
bisnis di sektor energi terbarukan dan        and the development of business lines        hubungan solid dengan berbagai klien       with various blue-chip clients.
pembangkit listrik. Komitmen ini dilengkapi   in the renewable energy and power            blue-chip.
dengan pengelolaan lingkungan dan             generation sectors. This commitment is
keselamatan kerja yang ketat di seluruh       complemented by strict environmental         Petrosea tidak hanya sekadar               Petrosea is not merely maintaining its
operasinya. Implementasi prinsip ESG          and occupational safety management           mempertahankan eksistensi, tetapi juga     presence but also actively opening
(Environmental, Social and Governance)        across its operations. The comprehensive     secara aktif membuka pintu bagi peluang    doors to new and more diverse business
secara menyeluruh ini diharapkan dapat        implementation of ESG (Environmental,        bisnis baru yang lebih beragam. Sejalan    opportunities. In line with expanding these
memperkuat akses Perusahaan terhadap          Social and Governance) principles is         dengan perluasan peluang ini, Perusahaan   opportunities, the Company recognizes
pendanaan hijau dan kemitraan global.         expected to strengthen the Company's         menyadari bahwa pertumbuhan hanya          that growth can only be achieved through
                                              access to green funding and global           dapat dicapai melalui pemutakhiran         technological advancement. Therefore,
                                              partnerships.                                teknologi. Oleh karena itu, Petrosea       Petrosea continues to drive innovation
                                                                                           terus mendorong inovasi dengan cara        by collaborating on various strategic
                                                                                           berkolaborasi pada berbagai proyek         projects with global partners. Through this




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    Management Discussion & Analysis                                                                                                              Management Discussion & Analysis



Strategi Pemasaran                                                                                                                                                     Strategi Pemasaran
Marketing Strategy                                                                                                                                                     Marketing Strategy




strategis bersama mitra global. Melalui       technological synergy, the Company is         Melalui integrasi antara dukungan             with the banking sector. Through the
sinergi teknologi tersebut, Perusahaan        able to adopt industry best practices that    finansial yang kuat, inovasi tanpa henti,     integration of strong financial support,
mampu mengadopsi praktik terbaik              not only improve operational efficiency but   dan orientasi pada kebutuhan klien,           relentless innovation, and a focus on
industri yang tidak hanya meningkatkan        also ensure that every solution it delivers   Petrosea terus melangkah maju. Pada           client needs, Petrosea continues to move
efisiensi operasional, tetapi juga            remains aligned with environmentally          akhirnya, sinergi ini tidak hanya mendorong   forward. Ultimately, this synergy not only
memastikan bahwa setiap solusi yang           friendly principles.                          pertumbuhan perusahaan yang                   drives sustainable company growth but
dihadirkan tetap selaras dengan prinsip                                                     berkelanjutan, tetapi juga memberikan         also delivers tangible positive impacts for
ramah lingkungan.                                                                           dampak positif yang nyata bagi seluruh        all stakeholders.
                                                                                            pemangku kepentingan.
Keberhasilan dalam aspek operasional          This success in operational aspects
dan inovasi ini pada akhirnya bermuara        and innovation ultimately leads to a          Pencapaian Pemasaran di Lini Bisnis           Marketing Achievements in the
pada penguatan reputasi Perusahaan.           strengthened Company reputation.              Jasa Pertambangan                             Mining Services Business Line
Dengan konsistensi pada kualitas              With a consistent focus on quality and
                                                                                            Pada tahun 2025, Petrosea memperoleh          in 2025, Petrosea secured the following
dan keberlanjutan, Petrosea berhasil          sustainability, Petrosea has successfully
                                                                                            kontrak baru dan amandemen berikut ini:       new contracts and amendments:
membangun kepercayaan pasar yang              built deep market trust. This established
mendalam. Kredibilitas yang terbangun         credibility further strengthens the           Kontrak Pertambangan Batu bara :              Coal Mining Contract:
inilah yang kemudian memperkokoh              Company's branding and establishes
branding Perusahaan, sekaligus                Petrosea as a reliable and trusted industry   PT Bara Prima Mandiri                         PT Bara Prima Mandiri
menetapkan Petrosea sebagai salah             leader for the future.                        •   Pada tanggal 26 Februari 2025,            •   On 26 February 2025, the Company,
satu pemimpin industri yang andal dan                                                           Perusahaan, PT Niaga Jasa Dunia               PT Niaga Jasa Dunia (NJD), and PT Bara
tepercaya di masa depan.                                                                        (NJD), dan PT Bara Prima Mandiri (BPM)        Prima Mandiri (BPM) signed a Mining
                                                                                                menandatangani Perjanjian Jasa                Services Agreement. This agreement is
Petrosea senantiasa berkomitmen untuk         Petrosea remains committed to                     Pertambangan. Perjanjian ini berlaku          effective from 5 November 2024,
memperkuat lini bisnis utamanya melalui       strengthening its core business lines             efektif dari tanggal 5 November 2024          to 31 December 2032.
strategi penciptaan nilai yang progresif      through progressive value creation                sampai tanggal 31 Desember 2032.
bagi seluruh klien. Komitmen ini diwujudkan   strategies for all clients. This commitment
melalui fokus yang tajam pada inovasi         is realized through a keen focus on           PT Barasentosa Lestari                        PT Barasentosa Lestari
dan penyampaian solusi teknis terbaik         innovation and the delivery of best-in-       •   Pada tanggal 14 Juli 2025, Perusahaan     •   On 14 July 2025, the Company and
guna memastikan operasional yang lebih        class technical solutions to ensure more          dan PT Barasentosa Lestari (BSL)              PT Barasentosa Lestari (BSL) signed a
efisien serta ramah lingkungan. Dengan        efficient and environmentally friendly            menandatangani Kontrak Pekerjaan              Contract for Overburden Stripping and
meningkatnya efisiensi tersebut, Petrosea     operations. With this increased efficiency,       Jasa Pengupasan dan Pemindahan                Removal Services. This agreement is
tidak hanya sekadar memberikan layanan,       Petrosea goes beyond simply providing             Lapisan Tanah Penutup. Perjanjian ini         effective from 1 January 2025, to
tetapi juga mempererat ikatan kemitraan       services, but also strengthens long-term          berlaku efektif dimulai dari 1 Januari        31 December 2029.
jangka panjang yang berbasis pada             partnerships based on mutual trust.               2025 sampai dengan 31 Desember
kepercayaan bersama.                                                                            2029

Lebih jauh lagi, pendekatan ini diperkuat     Furthermore, this approach is
dengan pembangunan kemitraan strategis        strengthened by building strategic
dan pemanfaatan jaringan luas, termasuk       partnerships and leveraging an extensive
hubungan solid dengan sektor perbankan.       network, including solid relationships




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Strategi Pemasaran                                                                                                                                                  Strategi Pemasaran
Marketing Strategy                                                                                                                                                  Marketing Strategy




Kontrak Pertambangan Nikel :                   Nickel Mining Contract:                         ini dimaksudkan untuk menambahkan           add additional work to the Agreement.
                                                                                               tambahan lingkup pekerjaan di dalam         On 1 August 2025, the Company and
PT Vale Indonesia Tbk (PTVI)                   PT Vale Indonesia Tbk (PTVI)
                                                                                               Perjanjian. Pada tanggal 01 Agustus         PTFI signed Change Order No. 002.
•     Pada tanggal 07 April 2025, Perusahan    •   On 7 April 2025, the Company and
                                                                                               2025, Perusahaan dan PTFI telah             This Change Order extended the term
      dan PT Vale Indonesia Tbk (PTVI)             PT Vale Indonesia Tbk (PTVI) signed
                                                                                               menandatangani dokumen Change               of the Agreement until 31 October
      menandatangani Perjanjian Jasa               a Mining Services Agreement. This
                                                                                               Order No. 002. Change order ini             2025
      Pertambangan. Perjanjian ini berlaku         agreement is effective from
                                                                                               dimaksudkan untuk memperpanjang
      efektif dari tanggal 27 Desember 2024        27 December 2024, to 31 December
                                                                                               durasi Perjanjian hingga tanggal
      sampai tanggal 31 Desember 2034.             2034.
                                                                                               31 Oktober 2025

                                                                                           •   Pada tanggal 10 April 2025,             •   On 10 April 2025, the Company
Pencapaian Pemasaran di Lini Bisnis            Marketing Achievements in the                   Perusahaan dan PTFI telah                   and PTFI signed a Batch Plant Vehicle
Rekayasa, Pengadaan & Konstruksi               Engineering, Procurement &                      menandatangani perjanjian Batch Plant       Maintenance Agreement
                                               Construction Business Line                      Vehicle Maintenance

                                                                                           •   Pada tanggal 7 Agustus 2025,            •   On 7 August 2025, the Company
Pada tahun 2025, Petrosea memperoleh           in 2025, Petrosea secured the following         Perusahaan dan PTFI telah                   and PTFI signed a SAG2 Construction
kontrak baru dan amandemen berikut ini:        new contracts and amendments:                   menandatangani Perjanjian Konstruksi        Management Agreement
                                                                                               Manajemen SAG2
PT Freeport Indonesia                          PT Freeport Indonesia
•     Pada tanggal 20 Januari 2025,            •   On 20 January 2025, the Company and
                                                                                           Pencapaian Pemasaran di Lini Bisnis Jasa    Marketing Achievements in the Logistics
      Perusahaan dan PTFI telah                    PTFI signed a Construction Support
                                                                                           Logistik & Pendukung                        & Support Services Business Line
      menandatangani Perjanjian Jasa               Services Agreement for the Relocation
      Pendukung Konstruksi untuk Relokasi          of KPI Facilities at Portsite           PT Saipem Indonesia                         PT Saipem Indonesia
      Fasilitas KPI Di Portsite                                                            •   Pada tanggal 4 Juli 2025, Perusahaan    •   On 4 July 2025, the Company and
                                                                                               dan PT Saipem Indonesia telah               PT Saipem Indonesia signed a contract
•     Pada tanggal 27 Januari 2025,            •   On 27 January 2025, the Company and
                                                                                               menandatangani kontrak untuk                to provide a logistics base in Sorong
      Perusahaan dan PT Freeport Indonesia         PT Freeport Indonesia (PTFI) signed a
                                                                                               penyediaan basis logistik di Sorong         for the UCC project, with a contract
      (PTFI) telah menandatangani perjanjian       General Services Agreement
                                                                                               untuk proyek UCC dengan masa                period of 2.5 years until 31 January
      General Services
                                                                                               kontrak selama 2,5 tahun sampai             2028, with an option to extend for
•     Pada tanggal 1 Desember 2024,            •   On 1 December 2024, the Company             dengan 31 Januari 2028, dengan opsi         another 6 months after the contract
      Perusahaan dan PTFI telah                    and PTFI signed a Structural,               perpanjangan 6 bulan setelah durasi         expires.
      menandatangani Perjanjian Struktural,        Mechanical, Piping, Electrical, and         kontrak.
      Mekanikal, Perpipaan, Elektrikal dan         Instrumentation Agreement (“SMPEI”)
      Instrumen (”SMPEI”) untuk Pabrik             for the Ammonia Waste Processing        PT Wira Insani                              PT Wira Insani
      Pengolahan Limbah Ammonia. Pada              Plant. On 22 May 2025, the Company
                                                                                           •   Pada tanggal 17 Februari 2025,          •   On 17 February 2025, the Company
      tanggal 22 Mei 2025, Perusahaan dan          and PTFI signed Change Order No.
                                                                                               Perusahaan dan PT Wira Insani telah         and PT Wira Insani signed a contract for
      PTFI telah menandatangani dokumen            001. This Change Order is intended to
                                                                                               menandatangani kontrak untuk Jasa           Shorebase Services in Sorong, with a
      Change Order No. 001. Change order
                                                                                               Shorebase di Sorong dengan masa             three-year contract term ending
                                                                                               kontrak selama 3 tahun sampai dengan        31 March 2028.
                                                                                               31 Maret 2028.




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    Management Discussion & Analysis                                                          Management Discussion & Analysis



Strategi Pemasaran
Marketing Strategy




Pencapaian Pemasaran Melalui Anak             Marketing Achievements Through
Usaha                                         Subsidiaries
Hafar Grup                                    Hafar Group
Petrosea melalui anak usahanya, PT Hafar      Petrosea, through its subsidiary, PT Hafar
Daya Konstruksi (HDK), terus mempertegas      Daya Konstruksi (HDK), continues to
komitmennya dalam mendukung                   strengthen its commitment to supporting
akselerasi industri migas serta program       the acceleration of the oil and gas industry
hilirisasi nasional. Langkah ekspansif ini    and the national downstream program.
dibuktikan melalui perolehan kontrak          This expansive move is demonstrated by
strategis dengan Petronas Carigali North      the acquisition of a strategic contract
Madura II Ltd. Dalam konsorsium bersama       with Petronas Carigali North Madura II Ltd.
PT Gunanusa Utama Fabricators, HDK            In a consortium with PT Gunanusa Utama
dipercaya untuk menggarap proyek di           Fabricators, HDK was entrusted with the
Wilayah Kerja North Madura II dengan          project in the North Madura II Working Area,
porsi nilai mencapai US$9.500.000             valued at US$9,500,000 (approximately
(sekitar Rp156 miliar). Kemitraan yang        Rp156 billion). This partnership, which
diresmikan pada 9 November 2024 ini           was formalized on 9 November 2024, is
bukan sekadar pencapaian komersial,           not merely a commercial achievement,
melainkan manifestasi peran Petrosea          but a manifestation of Petrosea's role in
dalam memperkuat ketahanan energi dan         strengthening energy security and mineral
hilirisasi minerba di Indonesia.              and coal downstreaming in Indonesia.




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      Management Discussion & Analysis                                                                                                                                      Management Discussion & Analysis




                                                                                               Kinerja Keuangan
Strategi Pemasaran
Marketing Strategy


                                                                                               Financial Performance


Scan-Bilt Pte. Ltd.                              Scan-Bilt Pte. Ltd.                           Analisis dan pembahasan manajemen                                 The management analysis and discussion
Petrosea semakin mempertegas langkah             Petrosea is further strengthening its         di bawah ini dilakukan terhadap laporan                           below were made based on the
ekspansinya di kancah internasional.             international expansion. Through its          posisi keuangan, laporan laba (rugi) serta                        consolidated statement of financial
Melalui anak usahanya, Scan-Bilt Pte. Ltd.,      subsidiary, Scan-Bilt Pte. Ltd., the          laporan arus kas konsolidasian untuk tahun                        position, profit (loss), and cash flows for
Perusahaan secara strategis telah menjalin       company has strategically partnered with      buku yang berakhir pada 31 Desember                               the fiscal year ending on 31 December
kemitraan dengan Aster Chemicals and             Aster Chemicals and Energy Pte. Ltd.          2025 dan 2024, sesuai dengan Standar                              2025, and 2024, by the Indonesian
Energy Pte. Ltd. (Aster) untuk menggarap         (Aster) to work on a vital infrastructure     Akuntansi Keuangan Indonesia yang telah                           Financial Accounting Standards, audited
proyek infrastruktur vital di Singapura.         project in Singapore. The agreement           diaudit oleh KAP Liana Ramon Xenia &                              by Liana Ramon Xenia & Rekan Public
Penandatanganan perjanjian ini mencakup          covers Engineering, Procurement &             Rekan.                                                            Accounting Firm.
layanan Engineering, Procurement                 Construction (EPC) services for civil works
                                                                                                                                                                                          dalam juta US$/ in million US$
& Construction (EPC) untuk lingkup               at two strategic locations, namely Pulau
pekerjaan sipil di dua lokasi strategis, yaitu   Bukom and Pulau Jurong.
                                                                                                                                       Laporan Posisi Keuangan Konsolidasian
Pulau Bukom dan Pulau Jurong.
                                                                                                                                       Consolidated Statements of Financial Positions


Tidak hanya berhenti pada pembangunan            Scan-Bilt is not limited to physical                                                                                                                  Pertumbuhan
                                                                                                                              Keterangan
fisik, Scan-Bilt juga dipercaya memegang         construction; it has also received a                                         Description
                                                                                                                                                                         2025           2024              Growth
                                                                                                                                                                                                      2025-2024(%)
Letter of Award untuk layanan Integrated         Letter of Award for Integrated Facilities
Facilities Management (IFM) di kedua             Management (IFM) services at both                Aset Lancar
                                                                                                                                                                        558,88          356,20            56,90%
kompleks kimia tersebut. Dengan total            chemical complexes. With a total contract        Current Assets

nilai kontrak mencapai US$29,07 juta             value of US$29.07 million (approximately         Aset Tidak Lancar
                                                                                                                                                                       1.024,00         511,07           100,37%
(sekitar Rp485,4 miliar) berdurasi 24 bulan,     Rp485.4 billion) and a duration of               Non-Current Assets

proyek ini menjadi bukti nyata kemampuan         24 months, this project demonstrates             Jumlah Aset
                                                                                                                                                                       1.582,88         867,27            82,51%
Petrosea dalam menghadirkan solusi               Petrosea's ability to deliver integrated         Total Assets

terintegrasi dan memperkuat jejak                solutions and strengthen its operational         Liabilitas Jangka Pendek
                                                                                                                                                                        438,47          228,25            92,10%
operasionalnya di pasar energi regional.         footprint in the regional energy market.         Current Liabilities

                                                                                                  Liabilitas Jangka Panjang
                                                                                                                                                                        836,95          389,27            115,01%
                                                                                                  Non-Current Liabilities

                                                                                                  Jumlah Liabilitas
                                                                                                                                                                       1.275,42         617,52           106,54%
                                                                                                  Total Liabilities

                                                                                                  Jumlah Ekuitas
                                                                                                                                                                        307,45          249,75            23,11%
                                                                                                  Total Equity



                                                                                               Jumlah Asset                                                      Total Assets
                                                                                               Per 31 Desember 2025, Perusahaan                                  The Company’s total assets as of
                                                                                               memiliki jumlah aset sebesar US$1.582,88                          31 December 2025, were US$1,582.88
                                                                                               juta, meningkat sebesar 82,51%% dari                              million, which is a 82.51%% increase from
                                                                                               tahun 2025 yaitu US$867.27 juta. Kenaikan                         US$867.27 million in 2025. This increase
                                                                                               ini terjadi karena peningkatan pada aset                          was due to an increase in both current and
                                                                                               lancar dan aset tidak lancar.                                     non-current assets.

                                                                                               Aset Lancar                                                       Current Assets
                                                                                               Pada 2025, aset lancar Perusahaan                                 in 2025, the Company’s current assets
                                                                                               tercatat sebesar US$558,88 juta,                                  amounted to US$558.88 million, an


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Kinerja Keuangan                                                                                                                                                                                                      Kinerja Keuangan
Financial Performance                                                                                                                                                                                             Financial Performance




meningkat sebesar 56,90% dari tahun           increase of 56.90% from                        ketiga, penerbitan utang obligasi dan                                          third-party long term loan, bond and sukuk
2024 yaitu US$356,20 juta. Kenaikan ini       US$356.20 million in 2024. This increase       utang sukuk ijarah serta liabilitas pajak                                      ijarah issuance as well as deferred tax
disebabkan oleh peningkatan pada aset         was due to an increase in other financial      tangguhan.                                                                     liabilities.
keuangan lainnya, piutang usaha, aset         assets, trade receivables, contract assets,
kontrak, serta pajak dibayar di muka.         as well as prepaid taxes.                      Jumlah Ekuitas                                                                 Total Equity
                                                                                             Perusahaan memiliki jumlah ekuitas                                             The Company’s total equity in 2025 was
Aset Tidak Lancar                             Non-Current Assets
                                                                                             sebesar US$307,46 juta pada 2025,                                              US$307.46 million, which is a 23.11%
Perusahaan mencatat perolehan aset tidak      The Company acquired non-current assets        meningkat sebesar 23,11% dari US$249,75                                        increase compared to the previous year’s
lancar sebesar US$1.024,00 juta pada          worth US$1,024.00 million in 2025, which       juta pada 2024 yang disebabkan oleh                                            US$249.75 million. This increase was due
2025, meningkat sebesar 100,37%% dari         is a 100.37%% increase from US$511.07          meningkatnya laba ditahan.                                                     to an increase in retained earnings.
US$511,07 juta pada tahun 2024. Hal ini       million in 2024. This increase was due to an
disebabkan oleh peningkatan aset tetap &      increase in property, plant, equipment &
                                                                                                                                                                                                          dalam juta US$/ in million US$
aset tidak berwujud.                          increase in intangible assets.

                                                                                                                        Laporan Laba (Rugi) Konsolidasian dan Penghasilan Komprehensif Lain
Jumlah Liabilitas                             Total Liabilities
                                                                                                                           Consolidated Statements of Profit (Loss) and Other Comprehensive Income
Jumlah liabilitas Perusahaan per              As of 31 December 2025, the Company’s
31 Desember 2025 meningkat sebesar            total liabilities increased by 106.54% from                                                                                                                              Pertumbuhan/
                                                                                                                               Keterangan                                            2025               2024              Growth
106,54% dari US$617,52 juta pada 2024         US$617.52 million in 2024 to USD$1,275.42                                        Description                                                                            2025-2024 (%)
menjadi US$1.275,42 juta. Kenaikan ini        million in 2025. This increase was due to an
disebabkan oleh peningkatan pada              increase in both short-term liabilities and        Pendapatan
                                                                                                                                                                                    886,46             690,81             28,32%
liabilitas jangka pendek dan liabilitas       long-term liabilities.                             Revenues

jangka panjang.
                                                                                                 Beban Usaha Langsung
                                                                                                                                                                                   (774,23)            (600,52)           28,93%
                                                                                                 Direct Costs
Liabilitas Jangka Pendek                      Current Liabilities
                                                                                                 Laba Bruto
Perusahaan mencatat liabilitas jangka         in 2025, the Company recorded                                                                                                         112,23              90,29             24,30%
                                                                                                 Gross Profit
pendek sebesar US$438,47 juta pada            short-term liabilities of US$438.47 million,
2025, meningkat sebesar 92,10% dari           which is a 92.10% increase compared to             Laba Sebelum Pajak Penghasilan
                                                                                                                                                                                     39,28               7,87             399,11%
US$228,25 juta pada 2024. Peningkatan         the previous year’s US$228.25 million. This        Profit Before Income Tax
ini disebabkan oleh peningkatan dari utang    increase was primarily due to a increase in
usaha pihak ketiga, serta pinjaman jangka     third-party trade debt and long-term loan          Laba Bersih Tahun Berjalan
                                                                                                                                                                                     35,01              9,95              251,75%
                                                                                                 Net Profit for the Year
panjang pihak ketiga yang jatuh tempo         third parties that matured in one year.
dalam waktu satu tahun.                                                                          Laba yang Dapat Diatribusikan kepada Pemilik Entitas Induk
                                                                                                                                                                                     28,81              9,70              197,02%
                                                                                                 Profit Attributable to Owners of the Company
Liabilitas Jangka Panjang                     Long-Term Liabilities
                                                                                                 Jumlah Penghasilan Komprehensif Tahun Berjalan
Liabilitas jangka panjang Perusahaan          The Company’s long-term liabilities                                                                                                    29,85               8,91             234,87%
                                                                                                 Total Comprehensive Income for the Year
tercatat sebesar US$836,95 juta pada          were recorded at US$836.95 million
2025, meningkat signifikan sebesar            in 2025, which is a significant increase           Laba per Saham Dasar
                                                                                                                                                                                   0,0029              0,0010*           190,00%
                                                                                                 Basic Earnings per Share
115,01% dari US$389,27 juta pada 2024.        of 115.01% compared to the previous
Kenaikan ini yang disebabkan oleh adanya      year’s US$389.27 million. This increase
                                                                                             Keterangan / Notes:
tambahan pinjaman jangka panjang pihak        was primarily due to an additional of          * Saham beredar yang disesuaikan setelah pemecahan saham / Adjusted outstanding share after stock split




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Financial Performance                                                                                                                                                                          Financial Performance




Pendapatan                                  Revenues                                       Laba yang Dapat Diatribusikan kepada                                  Profit Attributable to Owners of the
                                                                                           Pemilik Entitas Induk                                                 Company
Perusahaan membukukan pendapatan            The Company’s revenue at the end of 2025
sebesar US$886,46 juta pada akhir           was US$886.46 million, which is 28.32%%        Pada 2025, Perusahaan memperoleh laba                                 in 2025, the Company earned profit
2025, meningkat sebesar 28,32%% dari        increase than the previous year’s revenue      yang dapat diatribusikan kepada pemilik                               attributable to owners of the company of
US$690,81 juta pada 2024. Peningkatan       of US$690.81 million. This increase was        entitas induk sebesar US$28,81 juta, naik                             US$28.81 million, increased by 197.02%
ini disebabkan oleh kenaikan pendapatan     due to an increase in revenue in the Mining    197,02% dari US$9,70 juta pada 2024.                                  from US$9.70 million in 2024.
di lini bisnis Jasa Pertambangan dari       Services business line from US$290.15
US$290,15 juta menjadi US$394,32 juta,      million to US$394.32 million or increase of    Jumlah Penghasilan Komprehensif Tahun                                 Total Comprehensive Income for the Year
atau meningkat sebesar 35,90%, lini         35.90%, EPC business line from US$299.17       Berjalan
bisnis EPC dari US$$299,17 juta menjadi     million to US$379.29 million or increase of
                                                                                           Pada 2025, jumlah penghasilan                                         in 2025, the total comprehensive
US$379,29 juta, atau meningkat sebesar      26.78%, and the addition of new business
                                                                                           komprehensif tahun berjalan sebesar                                   income for the year was US$29.85 million,
26,78%, dan penambahan lini bisnis baru,    line, Offshore Oil & Gas EPCI at
                                                                                           US$29,85 juta naik 234,87% dari                                       increased by 234.87% from US$8.91 million
EPCI Migas Lepas Pantai sebesar             US$37.84 million.
                                                                                           US$8,91 juta pada 2024.                                               in 2024.
US$37,84 juta.

                                                                                           Arus Kas Diperoleh dari Aktivitas Operasi                             Cash Flows Provided by Operating
Beban Langsung                              Direct Cost
                                                                                                                                                                 Activities
Pada 2025, beban pokok pendapatan           Driect Costs in 2025 was recorded at
                                                                                           Pada 2025, arus kas diperoleh dari aktivitas                          in 2025, cash flow provided by operating
tercatat sebesar US$774,23 juta,            US$774.23 million, which is a 28.93%%
                                                                                           operasi tercatat sebesar US$48,15 juta,                               activities was recorded at US$48.15
meningkat sebesar 28,93%% dari              increase from US$600.52 million in 2024.
                                                                                           naik sebesar 72,38%% dari US$27,94 juta                               million, increased by 72,38% from
US$600,52 juta pada 2024. Peningkatan       This increase was caused by a in sales
                                                                                           pada 2024. Peningkatan aktivitas operasi                              US$27.94 million in 2024. This increased in
ini disebabkan oleh penambahan pada         quantity compared to the previous year
                                                                                           ini terutama diperoleh dari meningkatnya                              operating activities was mainly contributed
subkontraktor, depresiasi, amortisasi,      as well as subcontractor, depreciation,
                                                                                           penerimaan kas dari pelanggan dan                                     by higher in cash received from customers
serta adanya penambahan pada operasi        amortization as well as increased in cost
                                                                                           turunnya pembayaran kas kepada                                        and lower cash paid to suppliers.
alat berat dan peralatan seiring ada        and operations of plant and equipment in
                                                                                           pemasok di 2025.
tambahan kontrak-kontrak baru pada          line with additional new contract in 2025.
tahun 2025.
                                                                                                                                              Laporan Arus Kas Konsolidasian
Laba Bruto                                  Gross Profit                                                                                     Consolidated Statement of Cash Flows

Laba bruto yang dihasilkan Perusahaan       The Company’s gross profit increased by                                           Keterangan
                                                                                                                                                                                                    Pertumbuhan/
                                                                                                                                                                                2025      2024         Growth
meningkat sebesar 24,30% dari US$90,29      24.30%, from US$90.29 million in 2024                                             Description                                                           2025-2024(%)
juta pada 2024 menjadi US$112,23 juta       to US$112.23 million in 2025. This increase
                                                                                              Arus Kas Diperoleh dari Aktivitas Operasi
pada 2025. Kenaikan ini sejalan dengan      is in line with the Company's increasing                                                                                            48,15     27,94         72,38%
                                                                                              Cash Flow Provided by Operating Activities
meningkatnya pendapatan Perusahaan.         revenue.
                                                                                              Arus Kas Digunakan untuk Aktivitas Investasi
                                                                                                                                                                              (495,02)   (129,47)      282,36%
                                                                                              Cash Flow Used in Investing Activities
Laba Bersih Tahun Berjalan                  Net Income for the Year
                                                                                              Arus Kas Diperoleh dari Aktivitas Pendanaan
                                                                                                                                                                               407,65    146,15        178,92%
Perusahaan meraih laba bersih tahun         in 2025, the Company achieved a profit            Cash Flow Provided by Financing Activities

berjalan sebesar US$35,01 juta pada 2025,   for the year of US$35.01 million, which           Kas dan Bank Awal Tahun
                                                                                                                                                                               114,92     72,99         57,45%
meningkat sebesar 251,75% dari US$9,95      is increase of 251.75% from US$9.95               Cash and Bank at the Beginning of the Year

juta pada 2024. Peningkatan ini diperoleh   million in 2024. This increase contributed
                                                                                              Pengaruh Perubahan Kurs Vakuta Asing atas Kas dan Setara Kas
signifikan dari pembelian anak perusahaan   significantly by bargain of purchase arising                                                                                        (3,67)    (2,69)        36,49%
                                                                                              Effect ff Changes in Foreign Exchange Rate on Cash and Cash Equivalent
dengan diskon pada tahun 2025.              from the acquisition in 2025.
                                                                                              Kas dan Bank Akhir Tahun
                                                                                                                                                                                72,03     114,92       (37,32%)
                                                                                              Cash and Bank at the End of the Year




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    Management Discussion & Analysis                                                                                                                             Management Discussion & Analysis



Kinerja Keuangan                                                                                                                                                                     Kinerja Keuangan
Financial Performance                                                                                                                                                            Financial Performance




                                                                                             Kemampuan Bayar Utang                                   Solvency
                                                                                             Kemampuan Perusahaan dalam memenuhi                     The Company’s ability to pay service debt
                                                                                             kewajiban dalam membayar utang                          is handled with liquidity risk management,
                                                                                             dilakukan melalui manajemen risiko                      capital management and effective liability
                                                                                             likuiditas, manajemen permodalan serta                  management initiative. in 2025, the
                                                                                             inisiatif liability management yang efektif.            Company was able to maintain liquidity
                                                                                             Pada tahun 2025, Perusahaan dapat                       ratio and solvency ratio The liquidity ratio
                                                                                             menjaga rasio likuiditas dan rasio. Rasio               used by the Company is the cash ratio and
                                                                                             likuiditas yang dipergunakan Perusahaan                 current ratio, which can be seen in the table
                                                                                             adalah rasio kas dan rasio lancar, yang                 below:
                                                                                             dapat dilihat pada tabel di bawah ini:



                                                                                                                                        Rasio Likuiditas
                                                                                                                                         Liquidity Ratios


                                                                                                                       Keterangan                            Satuan
                                                                                                                                                                          2025           2024
                                                                                                                       Description                            Unit


                                                                                              Rasio Kas                                                       Kali
                                                                                                                                                                          0,77            1,24
                                                                                              Cash Ratio                                                     Times


                                                                                              Rasio Lancar                                                    Kali
                                                                                                                                                                          1,27            1,56
                                                                                              Current Ratio                                                  Times
Arus Kas Digunakan untuk Aktivitas             Cash Flows Used in Investing Activities
Investasi
Arus kas digunakan untuk aktivitas investasi   Cash flow used for investment activities in
pada 2025 tercatat sebesar US$495,02           2025 was recorded at US$495.02 million,       Rasio solvabilitas yang dipergunakan                    The solvency ratios used by the Company
juta, meningkat sebesar 282,36%% dari          increased by 282.36%% from US$129.47          Perusahaan adalah rasio liabilitas terhadap             are debt to equity ratio and debt to assets
US$129,47 juta pada 2024. Peningkatan ini      million in 2024. This increase was due to     ekuitas dan rasio liabilitas terhadap aset,             ratio, which are presented in the table
disebabkan oleh adanya pembelian aset          the increased of Acquisitions of property,    yang dapat dilihat pada tabel di bawah ini:             below:
tetap dan akuisisi entitas anak.               plant and equipment as well as acquisition
                                               of subsidiaries.
                                                                                                                                       Rasio Solvabilitas
                                                                                                                                        Solvability Ratios
Arus Kas Diperoleh dari Aktivitas              Cash Flows from Financing Activities
Pendanaan
                                                                                                                       Keterangan                            Satuan
                                                                                                                                                                          2025           2024
Pada 2025, arus kas diperoleh dari aktivitas   In 2025, cash flow obtained from financing                              Description                            Unit

pendanaan tercatat sebesar US$407,65           activities was recorded at US$407.65
                                                                                                Rasio Liabilitas teradap Ekuitas                              Kali
juta, meningkat sebesar 178,92% dari           million, an increase of 178.92% from             Liability to Equity Ratio                                    Times
                                                                                                                                                                          4,15            2,47

US$146,15 juta pada 2024. Peningkatan          US$146.15 million in 2024. This increase
ini disebabkan oleh karena penerimaan          was due to proceeds from long-term loan          Rasio Liabilitas teradap Jumlah Aset                          Kali
                                                                                                                                                                          0,81            0,71
                                                                                                Liability to Asset Ratio                                     Times
Penerimaan dari pinjaman jangka panjang        from third parties as well as proceeds from
dari pihak ketiga serta penerimaan             sale and lease back.
transaksi jual dan sewa balik.




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    Management Discussion & Analysis                                                                                                                                   Management Discussion & Analysis




Kinerja Keuangan                                                                                                                                                                             Kinerja Keuangan
Financial Performance                                                                                                                                                                  Financial Performance




Peningkatan rasio-rasio leverage              Increase in leverage ratios continues to        Tingkat Kolektibilitas Piutang Usaha                           Collectibility of Receivables
tersebut tetap diimbangi oleh kondisi         be offset by the Company’s financial
                                                                                              Petrosea memperhitungkan tingkat                               Petrosea calculates the collectability of
keuangan Perusahaan yang mencerminkan         condition, which reflects its ability to meet
                                                                                              kolektibilitas piutang dengan                                  receivables by comparing average trade
kemampuan untuk memenuhi seluruh              all financial obligations. This is supported
                                                                                              perbandingan antara rata-rata piutang                          receivables and revenues. Furthermore,
kewajiban keuangannya. Hal ini didukung       by a sufficient asset base and prudent
                                                                                              usaha dengan pendapatan. Di samping itu,                       Petrosea also calculates the collectability
oleh basis aset yang memadai serta            capital structure management, enabling
                                                                                              Perusahaan juga memperhitungkan tingkat                        of debts by comparing trade payables with
pengelolaan struktur permodalan yang          the Company to maintain its capacity to
                                                                                              kolektibilitas utang dengan perbandingan                       direct operational costs.
prudent, sehingga Perusahaan tetap            create long-term value for shareholders.
                                                                                              antara utang usaha dengan beban usaha
memiliki kapasitas untuk menciptakan
                                                                                              langsung.
nilai tambah bagi pemegang saham dalam
jangka panjang.
                                                                                              Perusahaan terus menjaga modal kerja                           The Company safeguards its working
                                                                                              dengan memantau tingkat kolektibilitas                         capital by monitoring the receivables and
                                                                                              piutang dan utang. Pada tahun 2025,                            payables collectability rates. in 2025,
                                                                                              Perusahaan menjaga rata-rata periode                           the Company maintained the average
                                                                                              penagihan piutang usaha pada 90 hari,                          receivables collection period at 90 days,
                                                                                              meskipun ada pencatatan piutang dari                           although there were receivables records
                                                                                              proyek baru yang sedang berjalan baik dari                     from new ongoing projects from related
                                                                                              pihak berelasi maupun dari pihak ketiga.                       parties dan third parties.




                                                                                                                                 Rata-rata Periode Penagihan Piutang Usaha
                                                                                                                                       Average Receivables Collection Period


                                                                                              Keterangan                                                          Satuan
                                                                                                                                                                                2025            2024
                                                                                              Description                                                          Unit


                                                                                              Rata-rata Periode Penagihan Piutang                                  Hari
                                                                                                                                                                                 90               84
                                                                                              Average Collection Account Receivable Period                         Days




                                                                                              Pada tahun 2025, tingkat rata-rata                             in 2025, the Company’s average payment
                                                                                              pembayaran utang usaha Perusahaan                              period is 94 days.
                                                                                              adalah 94 hari.



                                                                                                                                        Rata-rata Periode Utang Usaha
                                                                                                                                         Average Payables Payment Period


                                                                                              Keterangan                                                          Satuan
                                                                                                                                                                                2025            2024
                                                                                              Description                                                          Unit


                                                                                              Rata-rata Periode Utang Usaha                                        Hari
                                                                                                                                                                                 94               79
                                                                                              Average Payable Payment Period                                       Days




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     Management Discussion & Analysis                                                                                                                                             Management Discussion & Analysis



Kinerja Keuangan                                                                                                                                                                                       Kinerja Keuangan
Financial Performance                                                                                                                                                                            Financial Performance




Struktur Modal                                        Capital Structure                                 Ikatan Material terkait Investasi Barang                      Ikatan Material terkait Investasi Barang
                                                                                                        Modal                                                         Modal
Perusahaan mengelola permodalannya                    The Company manages its capital to
untuk memastikan keberlangsungan usaha                ensure future business sustainability while       Pada akhir tahun 2025, Perusahaan tidak                       By the end of 2025, the Company did
ke depannya, di samping memaksimalkan                 maximizing returns to shareholders through        memiliki ikatan material untuk investasi                      not have any material commitments for
pengembalian kepada pemegang saham                    the optimization of debt and equity               barang modal.                                                 investments in capital goods.
melalui optimalisasi saldo liabilitas dan             balance. The Company’s capital structure
ekuitas. Struktur permodalan Perusahaan               consists of equities and includes bank            Informasi Material terkait Investasi,                         Material Information on Investment,
terdiri dari ekuitas dan termasuk utang               loans and lease liabilities from third parties,   Ekspansi, Divestasi, Peleburan Usaha,                         Expansion, Divestment, Business
bank serta liabilitas sewa dari pihak ketiga          both long-term and short-term.                    Akuisisi, Restrukturisasi Utang/ Modal                        Combination, Acquisition, and Debt/
baik secara jangka pendek dan panjang.                                                                                                                                Capital Restructuring
                                                                                                        Pada tahun 2025, Perusahaan melakukan                         in 2025, the Company conduct corporate
                                                                                                        aksi korporasi berupa investasi, ekspansi,                    actions in the form of investments,
                                          Struktur Modal                                                restrukturisasi anak perusahaan, akuisisi                     expansions, restructuring of subsidiaries,
                                          Capital Structure
                                                                                                        dan restrukturisasi modal.                                    acquisitions and capital restructuration.
 Keterangan                                                   Satuan
                                                                          2025            2024
 Description                                                   Unit


 Jumlah Liabilitas
                                                                                                                                                    Rincian Belanja Modal
 Total Liabilities                                                      1.275,42         617,52
                                                           Juta US$                                                                                Capital expenditure Details
                                                          Million US$
 Jumlah Ekuitas                                                                                                       Keterangan                              Sumber Dana
                                                                         307,46          249,75                                                                                               2025           2024
 Total Equity                                                                                                         Description                            Source of Funds



                                                                                                           Belanja modal untuk penambahan        Leasing keuangan, pinjaman jangka           ±86,86%        ±83,44%
                                                                                                           kapasitas armada dalam                panjang pihak ketiga & pihak berelasi
Investasi Barang Modal                                Capital Goods Investment                             meningkatkan kebutuhan                Financial lease, long-term debts of third
                                                                                                           operasional                           parties & related parties
Perusahaan mengelola permodalannya                    The Company conducts capital goods                   Capital expenditure for additional
untuk memastikan keberlangsungan                      investment to enhance operational                    fleet in order to increase
usaha ke depannya, di samping                         capacity while maintaining investment                operational productivity

memaksimalkan pengembalian kepada                     risks. Both directly affect Petrosea’s
pemegang saham melalui optimalisasi                   reputation, therefore Management                     Belanja modal untuk penggantian       Leasing keuangan, pinjaman jangka            ±8,12%        ±2,48%
saldo liabilitas dan ekuitas. Strategi                balances the realization of capital goods            (refurbish) armada dalam              panjang pihak ketiga & pihak berelasi
                                                                                                           meningkatkan kinerja operasional      Financial lease, long-term debts of third
permodalan Petrosea tetap tidak                       investment and risk protection measures.
                                                                                                           Capital expenditure for               parties & related parties
berubah dari tahun sebelumnya. Struktur               The balance is adjusted every year towards           replacement (refurbish) in order to
permodalan Perusahaan terdiri dari                    contractual obligations and capital                  boost operational performances

ekuitas dan termasuk utang bank serta                 structure policy. in 2025, the Company
liabilitas sewa dari pihak ketiga baik secara         recorded acquisitions of property, plant
                                                                                                           Belanja modal untuk komponen          Leasing keuangan, pinjaman jangka           ±5,02%         ±14,08%
jangka pendek dan panjang. Pada 2025,                 and equipment of US$415,09 million, an               armada dalam menjaga kinerja          panjang pihak ketiga & pihak berelasi
Perusahaan mencatatkan pembelian aset                 increase from 2024 of US$117.63 million.             operasional                           Financial lease, long-term debts of third
                                                                                                           Capital expenditure for               parties & related parties
tetap sebesar US$415,09 juta meningkat                                                                     component in order to maintain
dari tahun 2024 sebesar US$117,63 juta.                                                                    operational performances




306     Laporan Tahunan / Annual Report 2025                                                                                                                                                 PT Petrosea Tbk 307
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    Management Discussion & Analysis                                                                                                           Management Discussion & Analysis



Kinerja Keuangan                                                                                                                                                      Kinerja Keuangan
Financial Performance                                                                                                                                             Financial Performance




Akusisi :                                      Acquisition:                                 Transaksi Benturan Kepentingan              Transaksi Benturan Kepentingan
•   Perusahaan mengakuisisi kepemilikan        •   The Company acquired a shareholding      Pada tahun 2025, Perusahaan tidak           in 2025, the Company did not conduct
    saham di grup Hafar, sebuah grup               in the Hafar group, an Indonesian-       melakukan transaksi benturan kepentingan    any conflict of interest transactions
    perusahaan yang berkedudukan                   based group of companies engaged         sebagaimana ditentukan dalam                as stipulated in the Financial Services
    di Indonesia dan bergerak di                   in Engineering, Procurement,             Peraturan Otoritas Jasa Keuangan            Authority Regulation No. 42/
    bidang Engineering, Procurement,               Construction & Installation (EPCI)       No. 42/POJK.04/2020 tentang                 POJK.04/2020 concerning Affiliate
    Construction & Installation (EPCI)             and shipping services to support the     Transaksi Afiliasi dan Transaksi Benturan   Transactions and Conflict of Interest
    serta layanan pelayaran untuk                  offshore oil and gas industry. In this   Kepentingan. Perusahaan terus mengikuti     Transactions. The Company continues to
    mendukung industri minyak & gas                acquisition, Petrosea acquired a 51%     dan memonitor peraturan-peraturan           follow and monitor the latest regulations
    bumi lepas pantai. Pada akuisisi ini,          stake through PT Petrosea Engineering    terbaru di pasar modal khususnya yang       in the capital market, especially those
    Petrosea mengakuisisi kepemilikan              Procurement Construction                 terkait tata kelola. Perusahaan memiliki    related to governance. The Company
    saham sebesar 51% melalui                                                               prosedur yang memadai untuk memastikan      has adequate procedures to ensure that
    PT Petrosea Engineering Procurement                                                     bahwa Transaksi Afiliasi dilaksanakan       Affiliate Transactions are carried out in
    Construction                                                                            sesuai dengan praktik bisnis yang berlaku   accordance with generally accepted
                                                                                            umum sesuai dengan peraturan POJK 42/       business practices in accordance with
•   Pada tanggal 31 Oktober 2025,              •   On 31 October 2025, Petrosea
                                                                                            POJK.04/2020 tentang Transaksi Afiliasi     POJK Regulation 42/POJK.04/2020
    Petrosea menyelesaikan proses                  completed the acquisition of all
                                                                                            dan Transaksi Benturan Kepentingan.         concerning Affiliate Transactions and
    akuisisi seluruh saham HBS (PNG)               shares of HBS (PNG) Limited and
                                                                                                                                        Conflict of Interest Transactions.
    Limited & anak usahanya (grup HBS).            its subsidiaries (HBS group). The
    Sebelumnya, proses pengambilalihan             HBS group acquisition process was
    grup HBS telah melalui proses uji tuntas       preceded by a due diligence process
    dan penandatanganan perjanjian jual            and signing of a conditional sale and
    beli bersyarat pada 1 Agustus 2025.            purchase agreement on 1 August 2025

•   Perusahaan melalui anak usahanya,          •   The Company, through its subsidiary,
    yaitu Petrosea Services Solutions              Petrosea Services Solutions Ltd. has
    Ltd., telah menyelesaikan proses               completed the acquisition of 60%
    pengambilalihan 60% saham                      of the shares of Scan-Bilt Pte. Ltd.
    Scan-Bilt Pte. Ltd. (SBPL) dengan              (SBPL) by signing a share purchase
    menandatangani perjanjian jual beli            agreement with SBPL's shareholder,
    saham dengan pemegang saham                    TCAL Engineering Pte. Ltd.
    SBPL, yaitu TCAL Engineering Pte. Ltd.




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                                                                                           Target & Realisasi 2025
Kinerja Keuangan                                                                                                                                                         Kinerja Keuangan
Financial Performance                                                                                                                                                Financial Performance


                                                                                           2025 Targets & Realizations


Transaksi-transaksi dengan                     Related Party Transactions                  Petrosea menutup tahun 2025                     Petrosea closed 2025 with solid
Pihak-Pihak Berelas                                                                        dengan kinerja operasional yang solid,          operational performance, as reflected
                                                                                           sebagaimana tercermin dari tercapainya          in the achievement of the Company’s
Pada tahun 2025, Perusahaan tidak              in 2025, the Company did not conduct
                                                                                           target Rencana Kerja dan Anggaran               Annual Work Plan and Budget (RKAT)
melakukan transaksi afiliasi sesuai dengan     any affiliated transactions in accordance
                                                                                           Tahunan (RKAT) Perusahaan. Pencapaian           targets. This achievement was supported
peraturan Otoritas Jasa Keuangan (OJK)         with the Financial Services Authority
                                                                                           ini didukung oleh langkah strategis             by the Company’s strategic initiatives to
yang mengatur mengenai prosedur                (OJK) regulations governing affiliated
                                                                                           Perusahaan dalam mengamankan                    secure several new contracts in the Mining
transaksi afiliasi yang mencakup penilaian,    transaction procedures that include
                                                                                           sejumlah kontrak baru pada lini bisnis Jasa     Services segment, contract extensions
keterbukaan informasi, serta pelaporan         assessment, information disclosure, and
                                                                                           Pertambangan, perpanjangan kontrak dari         across various business lines, as well as
kepada OJK. Direksi memastikan bahwa           reporting to OJK. The Board of Directors
                                                                                           berbagai lini bisnis, serta akuisisi beberapa   the acquisition of several companies that
prinsip fair dan arm’s-length selalu           ensures that the fair and arm’s-length
                                                                                           entitas usaha yang semakin memperkuat           further strengthened the Company’s
dilaksanakan, dan Dewan Komisaris              principles are always implemented, and
                                                                                           posisi Perusahaan di sektor terkait.            position in the sector.
dan Komite Audit Risk & Compliance             the Board of Commissioners and the Risk
selalu mengadakan pemeriksaan                  & Compliance Audit Committee always
                                                                                           Kombinasi antara ekspansi pasar dan             The combination of market expansion
terkait untuk memastikan prosedur              conduct related inspections to ensure
                                                                                           keberhasilan mempertahankan hubungan            and the successful retention of long-term
transaksi dijalankan sesuai Peraturan OJK      that transaction procedures are carried
                                                                                           jangka panjang dengan pelanggan                 clients demonstrates the resilience of
No. 42/POJK.04/2020.                           out in accordance with OJK Regulation
                                                                                           tersebut menunjukkan ketangguhan model          Petrosea’s business model in maintaining
                                               No. 42/POJK.04/2020.
                                                                                           bisnis Petrosea dalam menjaga kualitas          service quality and competitiveness amid
                                                                                           layanan serta mempertahankan daya saing         evolving industry dynamics.
Petrosea melakukan transaksi berelasi          Petrosea conducted related transactions
                                                                                           di tengah dinamika industri yang terus
secara rutin, berulang dan berkelanjutan       routinely, repeatedly and continuously
                                                                                           berkembang.
dalam rangka menghasilkan pendapatan           in order to generate business revenues
usaha melalui penyediaan berbagai jasa         through the provision of various mining
                                                                                           Pada Desember 2025, Petrosea                    As of December 2025, Petrosea recorded
pertambangan dan EPC. Rincian dari             and EPC services. Details of related
                                                                                           mencatatkan nilai backlog sebesar               a backlog of US$4.44 billion, increasing
transaksi berelasi selama tahun 2025           transactions during 2025 are presented
                                                                                           US$4,44 miliar, meningkat dari US$2,89          from US$2.89 billion in December
tersebut disajikan dalam catatan 40 atas       in note 40 to the consolidated financial
                                                                                           miliar pada Desember 2024. Peningkatan          2024. This growth in backlog provides
laporan keuangan konsolidasian pada            statements on pages 123 and are an
                                                                                           nilai backlog ini memberikan visibilitas        stronger revenue visibility and supports
halaman 123 dan merupakan bagian yang          integral part of this Annual Report.
                                                                                           pendapatan yang lebih kuat serta                the sustainability of the Company’s
tidak terpisahkan dari Laporan Tahunan ini.
                                                                                           mendukung keberlanjutan kinerja                 operational performance in the coming
                                                                                           operasional Perusahaan pada periode             years.
Sebagai salah satu inisiatif untuk terus       As one of the initiatives to continue
                                                                                           mendatang.
memperkuat pelaksanaan praktik-praktif         to strengthen the implementation of
tata kelola korporasi dan sistem corporate     corporate governance practices and
governance yang mengadopsi pilar-pilar         corporate governance systems that
                                                                                           Pendapatan & Laba Bersih 2025                   Revenue & Net Profit 2025 Compared
GCG, Perusahaan terus memperkuat               adopt the pillars of GCG, the Company
                                                                                           Dibandingkan 2024                               to 2024
komitmennya terhadap pelaksanaa GCG            continues to strengthen its commitment
di mana Perusahaan telah menyelesaikan         to implementing GCG where the Company       Sepanjang tahun 2025, Petrosea                  Throughout 2025, Petrosea recorded
prosedur baru dan melakukan                    has completed new procedures and            mencatatkan total pendapatan sebesar            total revenue of US$886.46 million,
pemutakhiran terhadap beberapa piagam          updated several manual charters and         US$886,46 juta, meningkat 28,32%                representing an increase of 28.32%
manual serta kebijakan terkait corporate       policies related to corporate governance.   dibandingkan tahun 2024 yang sebesar            compared to US$690.81 million in 2024.
governance.                                                                                US$690,81 juta. Pertumbuhan pendapatan          The significant growth in revenue was
                                                                                           tersebut terutama didorong oleh kinerja         primarily driven by the Company’s two
                                                                                           dua lini bisnis utama Perusahaan, yaitu         main business pillars, namely Mining
                                                                                           Jasa Pertambangan yang tumbuh sebesar           Services, which grew by 34.15%, and



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      Management Discussion & Analysis                                                        Management Discussion & Analysis



Target & Realisasi 2025
2025 Targets & Realizations




34,15% dan Engineering, Procurement            Engineering, Procurement & Construction
& Construction (EPC) yang meningkat            (EPC), which increased by 26.93%.
sebesar 26,93%.
Sejalan dengan pertumbuhan pendapatan,         In line with revenue growth, the Company’s
Petrosea juga mencatatkan peningkatan          net profit increased to US$35.01 million in
laba bersih menjadi US$35,01 juta pada         2025 from US$9.95 million in the previous
tahun 2025, dibandingkan dengan                year, exceeding the RKAT target set for
US$9,95 juta pada tahun sebelumnya.            2025.
Pencapaian ini melampaui target
RKAT 2025 yang telah ditetapkan oleh
Perusahaan.

Peningkatan kinerja tersebut merupakan         This improvement in performance
hasil dari sinergi antara strategi ekspansi    reflects the successful execution of the
bisnis, pertumbuhan anorganik melalui          Company’s strategic initiatives, including
akuisisi, serta upaya peningkatan              business expansion, inorganic growth
efisiensi operasional di seluruh lini bisnis   through acquisitions, and operational
Perusahaan. Langkah-langkah strategis          efficiency improvements across all
tersebut turut memperkuat posisi               business lines, which collectively
keuangan Perusahaan hingga akhir tahun         strengthened the Company’s financial
2025.                                          position at the end of 2025.




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      Management Discussion & Analysis                                                                                                               Management Discussion & Analysis




                                                                                                Prospek Usaha & Target 2026
Target & Realisasi 2025
2025 Targets & Realizations


                                                                                                2026 Business Prospects & Targets


                                                                                                Guna memastikan keberlanjutan                To ensure sustainable business growth,
Struktur Permodalan 2025 Dibandingkan          Capital Structure 2025 Compared to               pertumbuhan bisnis, Perusahaan               the Company continues to strengthen the
2024                                           2024                                             terus memperkuat integrasi layanan           integration of its service offerings, which
                                                                                                yang mencakup Jasa Pertambangan,             include Mining Services, Engineering,
Seiring dengan akselerasi ekspansi             In line with the accelerated business
                                                                                                Engineering, Procurement & Construction      Procurement & Construction (EPC),
usaha sepanjang tahun 2025, Petrosea           expansion throughout 2025, Petrosea
                                                                                                (EPC), EPCI Migas Lepas Pantai, serta        Offshore Oil & Gas EPCI, as well as
mencatatkan peningkatan pada                   recorded an increase in both total liabilities
                                                                                                Jasa Logistik dan Pendukung, dengan          Logistics and Supporting Services, while
total liabilitas maupun total ekuitas          and total equity compared to the previous
                                                                                                memaksimalkan sinergi bersama grup           maximizing synergies with the holding
dibandingkan tahun sebelumnya.                 year. The increase in total liabilities was
                                                                                                holding dan anak usaha. Sejalan dengan hal   group and its subsidiaries. In line with this
Peningkatan total liabilitas terutama          primarily related to the Company's efforts
                                                                                                tersebut, Perusahaan telah mengesahkan       strategy, the Company approved its 2026
berkaitan dengan langkah Perusahaan            to obtain additional funding to support
                                                                                                Rencana Kerja dan Anggaran Tahunan           Annual Work Plan and Budget (RKAT) in the
dalam memperoleh tambahan pendanaan            operational growth, strengthen business
                                                                                                (RKAT) 2026 pada kuartal keempat tahun       fourth quarter of 2025 as the foundation
untuk mendukung pertumbuhan                    capacity, and implement various strategic
                                                                                                2025 sebagai landasan dalam menjalankan      for executing its business strategy in the
operasional, penguatan kapasitas bisnis,       initiatives, including expansions and
                                                                                                strategi bisnis pada tahun mendatang.        coming year.
serta pelaksanaan berbagai inisiatif           acquisitions, undertaken during the year.
strategis termasuk ekspansi dan akuisisi       Conversely, the Company's total
                                                                                                Untuk tahun 2026, Perusahaan                 For 2026, the Company projects continued
yang dilakukan selama tahun berjalan.          equity also increased, driven by
                                                                                                memproyeksikan pertumbuhan                   revenue growth through a combination
Di sisi lain, total ekuitas Perusahaan juga    improved financial performance and the
                                                                                                pendapatan yang berkelanjutan melalui        of organic expansion and the acquisition
mengalami peningkatan yang didorong            accumulation of retained earnings. This
                                                                                                kombinasi ekspansi organik dan perolehan     of new strategic contracts. This strategy
oleh perbaikan kinerja keuangan serta          equity growth reflects the Company's
                                                                                                kontrak strategis baru. Strategi ini         focuses on expanding the Company’s
akumulasi laba ditahan. Pertumbuhan            ability to generate value from its
                                                                                                difokuskan pada perluasan basis klien,       client base, particularly within the mining
ekuitas ini mencerminkan kemampuan             operational activities while strengthening
                                                                                                khususnya di sektor pertambangan             and EPC sectors, which is expected to
Perusahaan dalam menghasilkan nilai            its capital foundation to support future
                                                                                                dan EPC, yang diharapkan dapat               contribute meaningfully to overall revenue
dari aktivitas operasionalnya sekaligus        business development.
                                                                                                memberikan kontribusi signifikan terhadap    growth while further strengthening the
memperkuat fondasi permodalan untuk
                                                                                                pertumbuhan pendapatan sekaligus             Company’s market presence.
mendukung pengembangan usaha ke
                                                                                                memperkuat posisi Perusahaan di industri.
depan.

                                                                                                Selain itu, pertumbuhan Perusahaan           In addition, the Company’s growth
Dengan peningkatan pada kedua                  With the increase in these two
                                                                                                juga didorong oleh kontribusi dari anak      is also expected to be supported by
komponen tersebut, Petrosea terus              components, Petrosea continues to
                                                                                                usaha baru, termasuk HBS grup, Hafar         contributions from newly acquired
menjaga keseimbangan dalam                     maintain a balanced capital structure to
                                                                                                grup, dan Scan-Bilt, yang membawa            subsidiaries, including HBS, Hafar,
pengelolaan struktur permodalan                ensure adequate funding support for
                                                                                                basis klien tambahan serta membuka           and Scan Bilt. These entities bring
guna memastikan tersedianya                    business growth while maintaining the
                                                                                                peluang ekspansi ke segmen pasar dan         additional client bases and open access
dukungan pendanaan yang memadai                Company's long-term financial resilience.
                                                                                                sektor yang lebih luas bagi Petrosea.        to new market segments, thereby
bagi pertumbuhan bisnis, sekaligus
                                                                                                Kehadiran anak usaha tersebut diharapkan     creating broader growth opportunities
mempertahankan ketahanan keuangan
                                                                                                dapat memperkuat diversifikasi sumber        for Petrosea. The presence of these
Perusahaan dalam jangka panjang.
                                                                                                pendapatan sekaligus meningkatkan skala      subsidiaries is expected to further enhance
                                                                                                bisnis Perusahaan.                           the diversification of the Company’s
                                                                                                                                             revenue streams and expand the overall
                                                                                                                                             scale of its business.




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      Management Discussion & Analysis                                                             Management Discussion & Analysis



                                                                                                                 Prospek Usaha & Target 2026
                                                                                                            2026 Business Prospects & Targets




                                               Sejalan dengan berbagai inisiatif ekspansi   In line with these expansion initiatives,
                                               tersebut, Perusahaan juga berkomitmen        the Company remains committed to
                                               untuk terus meningkatkan profitabilitas      improving profitability through enhanced
                                               melalui penguatan efisiensi operasional      operational efficiency and disciplined cost
                                               serta penerapan manajemen biaya              management. Through these measures,
                                               yang disiplin. Melalui berbagai langkah      the Company targets net profit growth in
                                               tersebut, Perusahaan menargetkan             2026, supported by stronger operational
                                               pertumbuhan laba bersih pada tahun 2026      performance and improved margin
                                               yang didukung oleh peningkatan kinerja       management
                                               operasional serta pengelolaan margin yang
                                               lebih optimal.

                                               Selain itu, Perusahaan akan terus            Furthermore, the Company will continue
                                               mengoptimalkan sinergi dalam                 to optimize synergies in human capital
                                               pengelolaan sumber daya manusia              management as well as other supporting
                                               serta berbagai fungsi pendukung bisnis       business functions. Supported by
                                               lainnya. Didukung oleh tenaga kerja yang     a competent workforce and the
                                               kompeten serta pengembangan sistem           development of digital management
                                               manajemen berbasis digital, Perusahaan       systems, the Company remains confident
                                               optimistis dapat meningkatkan kinerja        in its ability to further enhance both
                                               operasional maupun finansial secara          operational and financial performance in a
                                               berkelanjutan.                               sustainable manner.




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      Management Discussion & Analysis                                                                                                          Management Discussion & Analysis




Dividen
                                                                                                                                                                                Dividen
                                                                                                                                                                              Dividend


Dividend


Kebijakan Dividen                              Dividend Policy                              Perusahaan memastikan alokasi cadangan       needs. In implementing this, the Company
                                                                                            yang memadai guna mendukung rencana          ensures adequate allocation of reserves
Mekanisme pembayaran dividen                   The Company's dividend payment
                                                                                            pengembangan usaha serta senantiasa          to support business development plans
Perusahaan ditetapkan melalui                  mechanism is determined through the
                                                                                            memperhatikan aspirasi para pemegang         and consistently considers shareholder
mekanisme RUPS Tahunan dengan tetap            Annual General Meeting of Shareholders
                                                                                            saham.                                       aspirations.
mengedepankan prinsip keseimbangan             (AGMS), while prioritizing the principle
finansial. Petrosea berkomitmen untuk          of financial balance. Petrosea is
                                                                                            Selaras dengan kebijakan tersebut,           In line with this policy, the Annual General
menyelaraskan apresiasi kepada                 committed to aligning shareholder
                                                                                            RUPS Tahunan pada 21 April 2025 telah        Meeting of Shareholders (AGMS) on 21 April
pemegang saham dengan kebutuhan                appreciation with the need to strengthen
                                                                                            menyetujui pembagian dividen tunai           2025, approved the distribution of a cash
penguatan struktur permodalan. Oleh            its capital structure. Therefore, dividend
                                                                                            sebesar US$10 juta atau setara dengan        dividend of US$10 million, equivalent to
karena itu, penetapan dividen dilakukan        determination is made after considering
                                                                                            US$0,00099147 per saham. Alokasi ini         US$0.00099147 per share. This allocation
setelah mempertimbangkan alokasi               the allocation of mandatory reserves to
                                                                                            bersumber dari laba bersih yang dapat        was derived from net profit attributable to
cadangan wajib guna mendukung rencana          support future business development
                                                                                            diatribusikan kepada pemilik entitas induk   owners of the parent entity for the 2025
pengembangan usaha di masa depan,              plans, while consistently taking into
                                                                                            tahun buku 2025 yang mencapai US$9,70        fiscal year, which reached US$9.70 million,
serta senantiasa memperhatikan masukan         account strategic input from shareholders.
                                                                                            juta dan laba ditahan sebesar US$0,30        and retained earnings of US$0.30 million.
strategis dari para pemegang saham.
                                                                                            juta. Pembayaran dividen tersebut jatuh      The dividend payment was due on
                                                                                            pada tanggal 22 Mei 2025.                    22 May 2025.
Usulan penggunaan laba bersih, termasuk        Proposed uses of net profit, including
jadwal pembagian dividen bagi pemegang         the dividend distribution schedule for
                                                                                            Adapun tahun 2024, Perusahaan juga telah     In 2024, the Company also distributed
saham yang tercatat pada recording date,       shareholders registered on the recording
                                                                                            melakukan pembagian dividen melalui          a dividend through a resolution of the
diajukan secara transparan dalam RUPS          date, are submitted transparently at the
                                                                                            keputusan RUPS Tahunan pada tanggal          Annual General Meeting of Shareholders
Tahunan. Selain itu, guna memastikan           Annual General Meeting of Shareholders.
                                                                                            29 April 2024, para pemegang saham           on 29 April 2024, where shareholders
proses distribusi berjalan efektif,            Furthermore, to ensure the distribution
                                                                                            menyetujui penetapan dividen tunai           approved a cash dividend of US$3.05
pemegang saham memberikan mandat               process is effective, shareholders grant
                                                                                            sebesar US$3,05 juta atau US$0,00308         million, or US$0.00308 per share. The
penuh kepada Direksi untuk menetapkan          the Board of Directors full mandate to
                                                                                            per saham. Adapun pembayaran dividen         dividend payment was derived from profit
tata cara pembagian serta mengambil            determine the distribution procedure and
                                                                                            berasal dari laba yang dapat diatribusikan   attributable to owners of the parent entity
tindakan administratif yang diperlukan         take necessary administrative actions in
                                                                                            kepada pemilik entitas induk tahun           for the 2023 fiscal year, amounting to
sesuai dengan ketentuan hukum yang             accordance with applicable laws.
                                                                                            buku 2023 sebesar US$12,20 juta. Sisa        US$12.20 million. The remaining profit
berlaku.
                                                                                            laba yang dapat diatribusikan kepada         attributable to owners of the parent entity
                                                                                            pemilik entitas induk tahun buku 2023        for the 2023 fiscal year, after deducting
Dividen Tahun 2025                             2025 Dividend
                                                                                            setelah dikurangi dividen, akan dibukukan    dividends, will be recorded as retained
Mekanisme pembayaran dividen Petrosea          Petrosea's dividend payment mechanism
                                                                                            sebagai laba ditahan, guna memperkuat        earnings to strengthen the Company's
ditetapkan melalui RUPS Tahunan dengan         is determined through the Annual General
                                                                                            permodalan Perusahaan. Pembayaran            capital. The dividend payment will be due
mempertimbangkan keseimbangan antara           Meeting of Shareholders, taking into
                                                                                            dividen tersebut jatuh pada tanggal          on 14 May 2024.
apresiasi pemegang saham dan kebutuhan         account the balance between shareholder
                                                                                            14 Mei 2024.
penguatan modal. Dalam pelaksanaannya,         appreciation and capital strengthening




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     Management Discussion & Analysis                                                                                                                   Management Discussion & Analysis



Dividen
Dividend




Berikut adalah pembagian dividen selama                                          Following is the dividend distribution over
lima tahun buku terakhir:                                                        the last five fiscal years:



                                                  Dividen Tunai                 Rasio                    Tanggal
                                                                             Pembayaran                                              Tanggal
   Tahun Buku           Dividen (US$)            per Saham (Rp)              Dividen (%)               Pengumuman
                                                                                                                                   Pembayaran
   Fiscal Year          Dividend (US$)            Cash Dividend            Dividend Payout            Announcement
                                                                                                                                   Payment Date
                                                  per Share (Rp)               Ratio (%)                  Date



       2024               10.000.000                         16,359               97,46                   2 Mei 2025                22 Mei 2025




       2023                3.050.000                        49,5418                 25                  30 April 2024               14 May 2024




       2022               76.000.000                       1.145,90              50,30*                  17 May 2023                31 May 2023




       2021                             -                           -                -                          -                          -




       2020                8.000.000                          115,27             24,78**                  4 May 2021                 3 June 2021




 Keterangan / Notes:
 * Berdasarkan laba yang dapat diatribusikan kepada pemilik entitas induk tahun 2022 / Based on profit attributable to owners of the company in 2022
 ** Penghitungan kembali / Restatement




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   Management Discussion & Analysis                                                                                                                                     Management Discussion & Analysis




Informasi Lainnya                                                                                                                                                                                       Dividen
                                                                                                                                                                                                      Dividend

Other Informations


Realisasi Penggunaan Dana Hasil                               Realization of Use of Proceeds from the            Dalam Penawaran Umum Obligasi                  In the Public Offering of Shelf-Registered
Penawaran Umum                                                Public Offering                                    Berkelanjutan I dengan total nilai sebesar     Bonds I with a total value of IDR 2 trillion
                                                                                                                 Rp2 triliun serta Sukuk Ijarah Berkelanjutan   and the Shelf-Registered Sukuk Ijarah I
Petrosea menerbitkan Penawaran Umum                           Petrosea issued a Public Offering of Shelf-
                                                                                                                 I Tahap I dan Tahap II, tidak terdapat         Phase I and Phase II, there have been no
Obligasi Berkelanjutan I dengan total nilai                   Registered Bonds I with a total value of IDR
                                                                                                                 perubahan atas penggunaan dana hasil           changes in the use of proceeds from such
Rp2 triliun dan Sukuk Ijarah Berkelanjutan                    2 trillion and Shelf-Registered Sukuk Ijarah
                                                                                                                 penawaran umum tersebut.                       public offerings
I dengan total nilai Rp1 triliun yang terdiri                 with a total value of IDR 1 trillion, consisting
dari dua tahap yang dimana tahap pertama                      of two phases: the first in 2024 and the
                                                                                                                 Informasi Material Setelah Tanggal             Material Information Subsequent to the
berlangsung pada tahun 2024 dan tahap                         second in 2025.
                                                                                                                 Laporan Auditor Independen                     Date of the Independent Auditor's Report
kedua berlangsung pada tahun 2025.
                                                                                                                 Perusahaan menyatakan bahwa                    The Company declares that there have
Sebagaimana di isyaratkan, Perusahaan                         As required, the Company has fulfilled its         tidak terdapat peristiwa material              been no material events occurring
telah mekaukan kewajibannya untuk                             obligation to submit a report on the use of        yang terjadi setelah tanggal laporan           subsequent to the date of the
menyampaikan laporan realisasi                                proceeds, as disclosed in a letter filed with      auditor independen hingga tanggal              independent auditor's report until the
penggunaan dana sebagaimana                                   the Financial Services Authority (OJK) and         penerbitan laporan tahunan ini, yang           date of issuance of this annual report that
diungkapkan pada surat yang telah                             the Indonesia Stock Exchange. The details          dapat memberikan dampak signifikan             could have a significant impact on the
dilaporkan ke OJK dan Bursa Efek                              are as follows:                                    terhadap posisi keuangan dan hasil usaha       Company's financial position and results
Indonesia, adapun rinciannya sebagai                                                                             Perusahaan, atau yang memerlukan               of operations, or that require additional
berikut:                                                                                                         pengungkapan tambahan dalam catatan            disclosure in the notes to the financial
                                                                                                                 atas laporan keuangan.                         Statements.

                                                                                    Penerima
      Nomor Surat                  Laporan
                                                                   Tanggal
                                                                                    Laporan
                                                                                                      Link       Perubahan Peraturan Perundang                  Changes in Laws and Regulations
                                                                   Laporan                          Laporan
        Letter No                   Report                                           Report                      undangan
                                                                  Report Date
                                                                                    Recipient
                                                                                                   Link Report                                                  There have been no changes in laws and
                                                                                                                 Tidak ada perubahan peraturan                  regulations that significantly impact the
 No. Ref.:           Laporan Realisasi Penggunaan Dana            15 Juli 2025     Otoritas Jasa   Link          perundang-undangan yang berpengaruh            Company's operational and financial
 CORSEC/L/2025/      (“LRPD”) atas Penawaran Umum                 15 July 2025     Keuangan &      Dokumen       signifikan terhadap kinerja operasional dan    performance in 2025.
 VII-0080            Obligasi Berkelanjutan I dan dan                               Bursa Efek
                                                                                                                 keuangan Perusahaan pada tahun 2025.
                     Sukuk Ijarah Berkelanjutan I Petrosea                          Indonesia
                     Tahap I Tahun 2024
                     Report on the Realization of Use of                                                         Perubahan Kebijakan Akuntansi                  Changes in Accounting Policies
                     Funds (“LRPD”) for the Public Offering
                     of Petrosea's Shelf-Registered                                                              Ada perubahan kebijakan akuntansi              There are changes in accounting policies
                     Bonds I and Shelf-Registered Sukuk
                     Ijarah I Phase I of 2024                                                                    yang berpengaruh terhadap pelaporan            that have an impact on financial reporting
                                                                                                                 keuangan sesuai dengan yang disajikan          as presented in note 2.a of the Company's
                                                                                                                 pada catatan 2.a Laporan Keuangan              2025 Audited Consolidated Financial
 No. Ref.:           Laporan Realisasi Penggunaan Dana            15 Juli 2025     Otoritas Jasa     Link        Konsolidasian Audit Perusahaan tahun           Statements.
 CORSEC/L/2025/      (“LRPD”) atas Penawaran Umum                 15 July 2025     Keuangan &      Dokumen
 VII-0083            Obligasi Berkelanjutan I dan dan                               Bursa Efek                   2025.
                     Sukuk Ijarah Berkelanjutan I Petrosea                          Indonesia
                     Tahap II Tahun 2025
                     Report on the Realization of Use of
                     Funds (“LRPD”) for the Public Offering
                     of Petrosea's Shelf-Registered
                     Bonds I and Shelf-Registered Sukuk
                     Ijarah I Phase II of 2025




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                                                                  05
  Tata Kelola Perusahaan
                                                   TATA KELOLA
                                                                 Tata Kelola Perusahaan
  Corporate Governance


                                              “   PERUSAHAAN
                                                    CORPORATE
                                                  GOVERNANCE
                                                                 Corporate Governance




          Didukung infrastruktur GCG
          yang kokoh, Petrosea sukses
          mengeksekusi strategi
          diversifikasi dan ekspansi bisnis
          sepanjang 2025

          Supported by a robust GCG
          infrastructure, Petrosea
          successfully executed its business
          diversification and expansion
          strategies throughout 2025




“

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   Tata Kelola Perusahaan                                                                                                                                   Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                     Corporate Governance




Penerapan Tata Kelola
                                                                                                                                        Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025
                                                                                                                                       Corporate Governance Implementation at Petrosea in 2025


Perusahaan di Petrosea Tahun 2025
Corporate Governance Implementation at Petrosea in 2025


TATA KELOLA PERUSAHAAN                        CORPORATE GOVERNANCE DRIVING                   Perusahaan terus memutakhirkan             The Company continued to enhance
MENDORONG DIVERSIFIKASI DAN                   BUSINESS DIVERSIFICATION AND                   corporate governance policies yang         its corporate governance policies to
EKSPANSI BISNIS                               EXPANSION                                      dimiliki untuk melengkapi infrastruktur    complement the existing corporate
                                                                                             corporate governance yang telah ada        governance infrastructure in accordance
                                                                                             guna mematuhi peraturan dari Otoritas      with regulations from the Financial
Pada tahun 2025, Petrosea fokus pada          in 2025, Petrosea focused on its business
                                                                                             Jasa Keuangan, termasuk melanjutkan        Services Authority, including continuing
strategi diversifikasi dan ekspansi           diversification and expansion strategy in
                                                                                             implementasi principles of corporate       the implementation of applicable OECD
bisnis untuk mencapai pertumbuhan             order to achieve future sustainable growth.
                                                                                             governance dari OECD yang berlaku          corporate governance principles as part
berkelanjutan di masa depan.
                                                                                             sebagai bagian dari “ASEAN Asset           of a “ASEAN Asset Class Company”.
                                                                                             Class Company”.
Strategi diversifikasi dilakukan dengan       The diversification strategy was
melanjutkan pengembangan usaha di             implemented by continuing its business
sektor non-coal dengan memperkuat             development in the non-coal sector
kemampuan rekayasa dan konstruksi             by strengthening its engineering and
melalui penyelesaian akuisisi Hafar &         construction capabilities through the
anak usahanya.                                completion of the acquisition of Hafar &
                                               its subsidiaries.

Sedangkan strategi ekspansi bisnis            Meanwhile, the Company’s business
Perusahaan juga dilaksanakan melalui          expansion strategy was also carried out
penyelesaian akuisisi HBS & anak usahanya     through the completion of the acquisition
guna untuk mengembangkan usaha di             of HBS & its subsidiaries in order to
sektor pertambangan emas dan mineral di       develop the gold and mineral mining
wilayah Papua Nugini, Kepulauan Solomon       sector in Papua New Guinea, Solomon
dan Australia, yang merupakan bagian          Islands and Australia, which apart of the
dari kawasan Oseania. Selain itu, sebagai     Oceania region. In addition, as part of this
bagian dari strategi ini, Petrosea juga       strategy, Petrosea also acquired 40%
melakukan pengambilalihan 40% saham           shares in Maha Raja Mineral which engages
Maha Raja Mineral yang bergerak di bidang     in commodity trading such as coal, nickel
perdagangan komoditas seperti batu bara,      and iron ore in Indonesia.
nikel dan bijih besi di Indonesia.

Didasari dengan fondasi yang kuat dalam       Anchored on a strong foundation
pelaksanaan tata kelola perusahaan yang       of consistently applying corporate
dilaksanakan secara konsisten, Petrosea       governance, the Company successfully
berhasil menjalankan strategi diversifikasi   implemented its business diversification
usaha dan ekspansi bisnis yang                and expansion strategy throughout 2025
dilaksanakan sepanjang tahun 2025 guna        to continuously strengthen its position as a
terus mengokohkan posisinya sebagai           distinguished company within the industry.
perusahaan unggul di industri.




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    Tata Kelola Perusahaan                                                                                                                                                Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                  Corporate Governance



Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025                                                                                               Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025
Corporate Governance Implementation at Petrosea in 2025                                                                                              Corporate Governance Implementation at Petrosea in 2025




PENINGKATAN PENERAPAN PRINSIP                             INCREASING IMPLEMENTATION OF THE                Pelaksanaan tugas dan tanggung jawab        The fulfillment of duties and
HAK-HAK DAN PERLAKUAN SETARA                              RIGHTS AND EQUITABLE TREATMENT OF               oleh Dewan Komisaris dan Direksi telah      responsibilities by the Board of
TERHADAP PEMEGANG SAHAM                                   SHAREHOLDERS PRINCIPLE                          mendorong terwujudnya diversifikasi dan     Commissioners and Board of Directors
                                                                                                          ekspansi bisnis. Hal ini tercapai berkat    has contributed to the realization of
Pada akhir tahun 2024, Petrosea                           At the end of 2024, Petrosea conducted a
                                                                                                          adanya pemisahan tegas antara fungsi        business diversification and expansion.
melakukan aksi korporasi stock split                      corporate action in the form of a stock split
                                                                                                          pengawasan dan pelaksanaan, dilandasi       This was achieved by establishing a clear
sebagai wujud komitmen Perusahaan                         as part of its commitment to implementing
                                                                                                          dengan tugas dan tanggung jawab yang        separation between supervisory and
dalam penerapan prinsip Hak-Hak dan                       the Rights and Equitable Treatment of
                                                                                                          jelas, peran Presiden Komisaris yang        executive functions, underpinned by
Perlakuan Setara Terhadap Pemegang                        Shareholders principle under the ASEAN
                                                                                                          dirangkap oleh Komisaris Independen,        well-defined duties and responsibilities,
Saham dalam ASEAN Corporate                               Corporate Governance Scorecard, which
                                                                                                          serta diperolehnya akses informasi          the role of the President Commissioner
Governance Scorecard, yang mencakup                       includes voting rights, the convening
                                                                                                          secara akurat dan tepat waktu. Dalam        being concurrently held by the
hak voting, pemanggilan dan pengumuman                    and disclosure of GMS results, as well
                                                                                                          menjalankan tugas dan tanggung jawab        Independent Commissioner, as well as
hasil RUPS, serta akses informasi bagi                    as access to information for minority
                                                                                                          tersebut, Dewan Komisaris dan Direksi       the availability of accurate and timely
pemegang saham minoritas.                                 shareholders.
                                                                                                          juga didukung oleh peran yang signifikan    access to information. In carrying out their
                                                                                                          dari fungsi Sekretaris Perusahaan, Audit    duties and responsibilities, the Board of
Sebagai hasil dari aksi korporasi tersebut,               As a result of this corporate action,
                                                                                                          Internal dan Pengawasan Risiko.             Commissioners and Board of Directors are
Petrosea berhasil meningkatkan likuiditas                 Petrosea successfully enhanced its
                                                                                                                                                      also supported by the significant roles of
saham di tahun 2025, sekaligus membuka                    share liquidity in 2025, while at the same
                                                                                                                                                      the Corporate Secretary, Internal Audit and
akses investasi yang lebih luas bagi                      broadening investment access for all
                                                                                                                                                      Risk Oversight functions.
seluruh pemegang saham, sehingga                          shareholders, marking an important
mencapai sebuah milestone penting dalam                   milestone in its journey as a public
                                                                                                          PENCAPAIAN TERBARU SEBAGAI TOP              TOP 50 BIG CAPITALIZATION AND ASEAN
perjalanannya sebagai perusahaan publik                   company in Indonesia, as for the first time
                                                                                                          50 BIG CAPITALIZATION DAN PENILAIAN         CORPORATE SCORECARD LATEST
di Indonesia, dimana untuk pertama kalinya                the Company was fully included in the big
                                                                                                          ASEAN CORPORATE SCORECARD                   ACHIEVEMEN
Perusahaan secara penuh masuk ke dalam                    capitalization company category.
kategori big capitalization company.                                                                      Kombinasi prinsip-prinsip Hak-Hak dan       The combination of the principles of Rights
                                                                                                          Perlakuan Setara terhadap Pemegang          and Equitable Treatment of Shareholders
PENINGKATAN PENERAPAN PRINSIP                             IMPLEMENTATION OF THE                           Saham serta Tanggung Jawab Dewan            and Responsibilities of the Board has
TANGGUNG JAWAB DEWAN                                      RESPONSIBILITIES OF THE BOARD                   berkontribusi pada penguatan reputasi       contributed in strengthening Petrosea’s
                                                          PRINCIPLE                                       Petrosea. Reputasi yang baik tersebut       reputation. This strong reputation is
                                                                                                          tercermin dalam persepsi investor           reflected in the perception of equity
Sebagai hasil dari pelaksanaan tata kelola                As a result of sound and effective
                                                                                                          saham dan obligasi, antara lain melalui     and bond investors, amongst others
yang baik dan sehat di tingkat Dewan,                     governance at the Board level, Petrosea
                                                                                                          peningkatan likuiditas saham dan            through improved share liquidity and well-
Petrosea memperoleh corporate rating                      obtained a corporate rating of idA+
                                                                                                          terjaganya risiko kredit.                   managed credit risk.
idA+ (Single A Plus; Stable Outlook) dari                 (Single A Plus; Stable Outlook) from
PT Pemeringkat Efek Indonesia (PEFINDO)                   PT Pemeringkat Efek Indonesia (PEFINDO),
                                                                                                          Berdasarkan penilaian independen            Based on the independent assessment
yang menunjukan kredibilitas dan                          reflecting strong credibility and high
                                                                                                          terhadap praktik corporate governance       of Petrosea’s corporate governance
kepercayaan yang kuat terhadap kualitas                   confidence in its credit quality. The Shelf-
                                                                                                          di Petrosea di tahun 2025 yang mengacu      practices in 2025 which referred to the
kredit. Penawaran Umum Berkelanjutan                      Registered Bonds phase I public offering
                                                                                                          kepada Asean Corporate Governance           ASEAN Corporate Governance Scorecard
(PUB) tahap I yang dilanjutkan dengan                     which was followed by phase II in March
                                                                                                          Scorecard (ACGS), Perusahaan mencatat       (ACGS), the Company recorded a
tahap II pada bulan Maret tahun 2025 telah                2025 was successfully completed by
                                                                                                          skor keseluruhan tertimbang yang            weighted overall score of 94.79 points
sukses dilaksanakan dengan mencapai                       achieving oversubscription.
                                                                                                          mencapai 94,79 poin dibandingkan raihan     compared to 92.21 points achieved in
kelebihan permintaan.
                                                                                                          di tahun 2024 yang mencapai 92,21 poin.     2024. This achievement maintained the
                                                                                                          Pencapain tersebut telah mempertahankan     Company’s position in the “Very Good”


328    Laporan Tahunan / Annual Report 2025                                                                                                                                      PT Petrosea Tbk        329
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    Tata Kelola Perusahaan                                                                                                                                    Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                      Corporate Governance




                                                                                                      Komitmen, Pilar & Infrastruktur Tata Kelola
Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025
Corporate Governance Implementation at Petrosea in 2025


                                                                                                      Perusahaan yang Baik di Petrosea
                                                                                                      Commitment, Pillars & Infrastructure of Good Corporate
                                                                                                      Governance at Petrosea
posisi Perusahaan pada predikat “Very                     category, in which implementation of GCG
                                                                                                      KOMITMEN                                 COMMITMENT
Good”, dimana praktik GCG yang                            practices has fully adopted international
dilakukan telah mengadopsi secara penuh                   standards.                                  Komitmen dalam menjalankan praktik-      The commitment to implementing GCG
standar internasional.                                                                                praktik GCG telah terbukti menjadi       practices has proven to be a strong
                                                          in 2025, Petrosea’s score remained          landasan yang kuat untuk mencapai        foundation for achieving the business
Pada tahun 2025, skor Petrosea masih                      above the average score of issuers or       strategi diversifikasi dan ekspansi      diversification and expansion strategy
berada di atas skor rata-rata emiten atau                 public companies (Tbk) which reached        bisnis sesuai dengan rencana strategis   in line with the established long-term
perusahaan publik (Tbk) yang mencapai                     82.94 points in the Big Cap category        jangka panjang yang telah ditetapkan.    strategic plan. This commitment is carried
82,94 poin dalam kategori Big Cap (100                    (100 companies with the largest market      Komitmen tersebut dijalankan guna        out to ensure the Company’s future
perusahaan dengan kapitalisasi pasar                      capitalization on the stock market). This   untuk menciptakan keberlanjutan dan      sustainability and resilience, ultimately
terbesar di bursa). Laporan implementasi                  report of GCG implementation complies       ketangguhan Perusahaan di masa           creating added value for all stakeholders,
GCG ini mematuhi ketentuan SEOJK No.                      with SEOJK No. 16/SEOJK.04/2021             mendatang yang pada akhirnya akan        including shareholders, financiers
16/SEOJK.04/2021 tentang Bentuk & Isi                     regarding the Format & Content of Annual    memberikan tambahan added value          and investors, as well as clients and
Laporan Tahunan Emiten atau Perusahaan                    Report of the Issuer or Public Company as   bagi seluruh pemangku kepentingan,       communities surrounding the mines and
Publik serta mengikuti rekomendasi                        well as the recommendation of Indonesian    baik pemegang saham, pemberi dana        project sites.
dari Indonesian Institute for Corporate                   Institute for Corporate Directorship        dan investor, serta seluruh klien dan
Directorship (IICD) berdasarkan standar                   (IICD) based on the ASEAN Corporate         masyarakat sekitar tambang dan lokasi
ASEAN Corporate Governance Scorecard                      Governance Scorecard (ACGS) standards.      proyek.
(ACGS).




330    Laporan Tahunan / Annual Report 2025                                                                                                                         PT Petrosea Tbk    331
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    Tata Kelola Perusahaan                                                                                                                                              Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                Corporate Governance



Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025                                                                                             Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025
Corporate Governance Implementation at Petrosea in 2025                                                                                            Corporate Governance Implementation at Petrosea in 2025




Petrosea menyadari bahwa komitmen                         Petrosea recognizes that a strong            Perusahaan menerapkan empat pilar GCG        The Company implements the following
kuat dari seluruh elemen Perusahaan                       commitment from all elements of the          berikut ini:                                 four pillars of GCG:
dalam implementasi tata tata kelola yang                  Company in implementing governance
                                                                                                       •   Perilaku Beretika – senantiasa           •    Ethical Behaviour – always
disyaratkan dalam ACGS harus senantiasa                   practices in accordance with ACGS
                                                                                                           mengedepankan kejujuran,                      upholding honesty, treating anybody
dibangun sejalan dengan kapitalisasi                      must be continuously reinforced in
                                                                                                           memperlakukan semua pihak dengan              respectfully, fulfilling commitments,
pasar dan pemenuhan ekspektasi dari                       line with market capitalization and the
                                                                                                           hormat, memenuhi komitmen,                    activating and guarding moral values
seluruh pemangku kepentingan. Selain                      fulfillment of stakeholder expectations.
                                                                                                           membangun serta menjaga nilai-                and trust in a consistent manner
itu, Perusahaan juga berkomitmen untuk                    In addition, the Company is committed
                                                                                                           nilai moral dan kepercayaan secara
membangun dan merespon dengan cepat                       to build and proactively respond to
                                                                                                           konsisten
terutama berkenaan dengan praktik-                        governance practices that are aligned with
                                                                                                       •   Akuntabilitas –                          •    Accountability – taking responsibility
praktik tata kelola yang selaras dengan isu-              environmental and sustainability issues.
                                                                                                           mempertanggungjawabkan kinerja                for performance transparently and fair
isu lingkungan dan keberlanjutan.
                                                                                                           secara transparan dan wajar
Oleh karena itu, Petrosea akan terus                      Therefore, Petrosea will continue to         •   Transparansi – menyediakan informasi     •    Transparency – providing material
mengoptimalkan penerapan pilar GCG                        optimize the implementation of existing          yang material dan relevan dengan cara         and relevant information in a way
yang telah dimiliki serta melakukan                       GCG pillars as well as update its GCG            yang mudah diakses dan dipahami oleh          that enables easy access and ample
pemutakhiran kebijakan dan prosedur                       policies and procedures in line with the         pemangku kepentingan                          understanding for the stakeholders
berdasarkan perkembangan GCG terkini                      latest GCG developments and prevailing
                                                                                                       •   Keberlanjutan – berkomitmen              •    Sustainability – committed to enact
dan peraturan perundang-undangan yang                     rules & regulations.
                                                                                                           melaksanakan tanggung jawab                   responsibilities towards society and
berlaku.
                                                                                                           terhadap masyarakat dan lingkungan            the environment

                                                                                                       Penerapan empat pilar GCG di                 The purpose of implementing the four
PILAR GCG                                                 GCG PILLARS                                  Petrosea yang dimaksudkan adalah             GCG pillars at Petrosea is to establish
Perosea merumuskan prinsip, kebijakan                     Petrosea defines its GCG pillars, policies   untuk menjalankan praktik governansi         international standard corporate
dan prosedur GCG sesuai peraturan                         and procedures according to prevailing       korporat berstandar internasional yang       governance practices recommended
perundang-undangan dan regulasi yang                      rules and regulations regarding limited      direkomendasikan untuk korporasi yang        for registered corporations in the
berlaku tentang perseroan terbatas dan                    liability companies and the Indonesian       terdaftar di pasar modal dan mengelola       capital market and managing public
pasar modal Indonesia, yaitu peraturan                    capital market, namely Financial Services    dana masyarakat guna melindungi              funds to protect interests and fulfill the
Otoritas Jasa Keuangan dan Bursa Efek                     Authority and Indonesian Stock Exchange      kepentingan dan memenuhi harapan para        expectations of shareholders, creditors,
Indonesia. Lebih lanjut, perumusan                        regulations. Furthermore, the formulation    pemegang saham, kreditur, debitur, serta     debtors, as well as other stakeholders
mengacu kepada global corporate                           refers to global corporate governance        para pemangku kepentingan lain agar          to achieve a sustainable corporate value
governance principles, termasuk di                        principles, including the OECD Corporate     tercapai penciptaan nilai korporasi yang     creation in the long term.
antaranya OECD Corporate Governance                       Governance Principles and ASEAN              berkelanjutan dalam jangka panjang.
Principles dan ASEAN Corporate                            Corporate Governance Scorecard as
Governance Scorecard serta Pedoman                        well as the 2021 General Guidelines for
Umum Governansi Korporat Indonesia                        Indonesian Corporate Governance.
2021.




332    Laporan Tahunan / Annual Report 2025                                                                                                                                    PT Petrosea Tbk       333
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     Tata Kelola Perusahaan                                                                                                                                                                                                                                    Tata Kelola Perusahaan
     Corporate Governance                                                                                                                                                                                                                                      Corporate Governance



Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025                                                                                                                                                                                  Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025
Corporate Governance Implementation at Petrosea in 2025                                                                                                                                                                                 Corporate Governance Implementation at Petrosea in 2025




INFRASTRUKTUR GCG                                                                         GCG INFRASTRUCTURE                                                              • Piagam Komite Keberlanjutan                                   • Sustainability Committee Charter

                                                                                                                                                                          • Prosedur Transaksi Afiliasi & Benturan                        • Affiliate Transactions & Conflict of
Infrastruktur GCG Petrosea merupakan                                                      Petrosea’s GCG infrastructure serves as
                                                                                                                                                                            Kepentingan                                                     Interests Procedure
fondasi dalam menerapkan empat pilar                                                      the foundation for implementing the four
                                                                                                                                                                          • Piagam Internal Audit                                         • Internal Audit Charter
GCG guna mendukung pencapaian visi dan                                                    pillars of GCG to support the achievement
                                                                                                                                                                          • Standar Pelaksanaan Operasional                               • Operational Implementation Standards
misi Perusahaan.                                                                          of Company’s vision and mission.
                                                                                                                                                                          • Whistleblowing System                                         • Whistleblowing System

                                                                                                                                                                          • Kebijakan Manajemen Risiko                                    • Risk Management Policy Corporate

                                                                                                                                                                                                                                            Social
                                                                                                                                                                          • Kebijakan Corporate Social                                    • Responsibility Policy
                                                              Visi / Vision                 Misi / Mission                                                                  Responsibility
                                     Menjadi salah satu perusahaan terkemuka                Menyediakan solusi yang inovatif di sektor pertambangan,
                                                                                                                                                                          • Kebijakan Mutu                                                • Quality Policy Safety
                              yang menyediakan jasa di sektor pertambangan,                 minyak dan gas serta infrastruktur untuk menciptakan
                            minyak dan gas serta infrastruktur di Asia Tenggara             kepuasan bagi seluruh klien dan pemangku kepentingan                          • Kebijakan Safety, Health & Environment                        • Health & Environment Policy

                                                                                                                                                                          • Kebijakan Komunikasi                                          • Communication Policy
                                          To be a leading service provider in the           To deliver innovative solutions for mining, oil & gas, and
                   mining, oil &gas, and infrastructure sectors of Southeast Asia           infrastructure to the satisfaction of all clients and stakeholders

                                                                                                                                                                          • Kebijakan Anti Penyuapan                                      • Anti-Bribery Policy

                 Tugas dan tanggung jawab Dewan Komisaris, Direksi, Komite, serta fungsi penunjang tata kelola (Sekretaris Perusahaan & Audit Internal)
   Duties and responsibilities of the Board of Commissioners, Board of Directors, Committees and supporting governance functions (Corporate Secretary & Internal Audit)

                                                                                                                                                                                 Seluruh manual, piagam dan kebijakan GCG Petrosea dapat diakses melalui
                                                                                                                                                                                 situs web www.petrosea.com/id/governance/
              TRANSPARANSI                            PERILAKU BERETIKA                       AKUNTABILITAS                               KEBERLANJUTAN                          All of Petrosea’s GCG manuals, charters and policies are accessible through
               TRANSPARENCY                             ETHICAL BEHAVIOR                       ACCOUNTABILITY                                SUSTAINABILITY                      the Company’s website www.petrosea.com/id/governance/



       Anggaran Dasar Perusahaan, Peraturan perusahaan, Kode Etik, Board Manual Delegation of Authority, GCG Manual, Piagam Komite Audit, Risk & Compliance,
           Piagam Komite Nominasi & Remunerasi, Piagam Komite Project & Investment, Piagam Komite Keberlanjutan, Prosedur, transaksi, afiliasi & Benturan
        kepentingan, Piagam Internal Audit, Standar Pelaksanaan Operasional, Whistleblowing System, Kebijakan Manajemen Risiko, Kebijakan Corporate Social                Penerapan GCG merupakan bagian dari                             The implementation of GCG is part of the
                     Responsibility, Kebijakan Mutu, kebijakan Safety, Health & Environment, Kebijakan Komunikasi dan kebijakan Anti Penyuapan
                                                                                                                                                                          komitmen Perusahaan untuk menjalankan                           Company’s commitment to conducting
           The Company’s Articles of Association, Company Regulations, Code of Conduct ,Board Manual, Delegation of Authority, GCG Manual, Audit, Risk &
         Compliance Committee Charter, Nomination & Remuneration Committee Charter, Project & Investment Committee Charter, Sustainability Committee                      bisnis yang sehat dan bertanggung jawab,                        its business in a sound and responsible
       Charter, Affiliate Transactions & Conflict of Interests Procedure, Internal Audit Charter, Operational Implementation Standards, Whistleblowing System, Risk
      Management Policy Corporate Social, Responsibility Policy, Quality Policy Safety, Health & Environment Policy, Communication Policy, and Anti-Bribery Policy        serta mampu beradaptasi terhadap                                manner, while remaining adaptable to
                                                                                                                                                                          perkembangan usaha di tingkat global.                           developments in the global business
                        Undang-Undang Pasar Modal, Peraturan Otoritas Jasa Keuangan dan Peraturan Pasar Modal Lainnya
                         Capital Market Laws, Financial Services Authority Regulations and Other Capital Market Regulations
                                                                                                                                                                                                                                          landscape.

                                                                                                                                                                          Sebagai bentuk komitmen tersebut,                               Therefore, as part of this commitment,
                                                                                                                                                                          praktik GCG di Petrosea didukung dengan                         GCG practices in Petrosea are supported
Petrosea memiliki infrastruktur GCG yang                                                  Petrosea has established a GCG
                                                                                                                                                                          adanya infrastruktur yang kuat. Perusahaan                      by a strong infrastructure. The Company
merupakan seperangkat kebijakan sebagai                                                   infrastructure which consists of the
                                                                                                                                                                          senantiasa menyempurnakan penerapan                             continues to periodically improve the
berikut ini:                                                                              following set of policies:
                                                                                                                                                                          GCG secara periodik.                                            implementation of GCG.
• Anggaran Dasar Perusahaan                                                               • The Company’s Articles of Association

• Peraturan Perusahaan                                                                    • Company Regulations                                                           Oleh karena itu, komitmen, pilar dan                            Therefore, Petrosea’s commitment, pillars
• Kode Etik                                                                               • Code of Conduct                                                               infrastruktur tata kelola perusahaan yang                       and infrastructure of good corporate
• Board Manual                                                                            • Board Manual                                                                  baik di Petrosea telah menjadi tulang                           governance have served as the backbone
• Delegation of Authority                                                                 • Delegation of Authority                                                       punggung pelaksanaan dari strategi                              for the execution of the Company’s
• GCG Manual                                                                              • GCG Manual                                                                    Perusahaan di tahun 2025 dan menjadi                            strategies in 2025, while also providing a
• Piagam Komite Audit, Risk & Compliance                                                  • Audit, Risk & Compliance Committee                                            dasar yang kokoh menuju penerapan tahap                         solid foundation for the implementation
                                                                                            Charter                                                                       5 roadmap GCG, yaitu “Kepemimpinan/                             of Stage 5 of the GCG roadmap, namely
• Piagam Komite Nominasi & Remunerasi                                                     • Nomination & Remuneration Committee                                           Praktik Terbaik” dalam artian sebagai role                      “Leadership/Best Practices,” to serve as a
                                                                                            Charter                                                                       model di dalam industri.                                        role model within the industry.
• Piagam Komite Project & Investment                                                      • Project & Investment Committee Charter




334       Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                                      PT Petrosea Tbk       335
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   Tata Kelola Perusahaan                                                                                                                                                                 Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                                                   Corporate Governance




Tahapan Penerapan Tata Kelola Perusahaan
                                                                                         Berikut ini adalah gambaran terkait                                     The following is an overview of the stages
                                                                                         tahapan roadmap GCG tahap di Petrosea:                                  of Petrosea’s GCG roadmap:
Yang Baik di Petrosea
Stages of Good Corporate Governance Implementation at Petrosea
                                                                                                             Tahap 1           Tahap 2            Tahap 3             Tahap 4                            Tahap 5
                                                                                                             Stage 1           Stage 2            Stage 3             Stage 4                            Stage 5


ROADMAP GCG                                  GCG ROADMAP
                                                                                           Deskripsi       Komitmen          Perusahaan          Perusahaan       Kewarganegaraan
                                                                                                           Tata Kelola       Tata Kelola        Berkelanjutan       Berkelanjutan                   Kepemimpinan/
Kebijakan yang dimiliki dan praktik-         The policies and practices implemented       Description
                                                                                                           Perusahaan         yang Baik           yang Baik           yang Baik                     Praktik Terbaik
praktik yang dilakukan telah menjadikan      have made GCG a culture of excellence                         Corporate           Good                Good                 Good                          Leadership/
GCG sebagai budaya unggul bagi               for the Company. We have consistently                        Governance         Governance         Sustainability      Sustainability                    Best Practice
                                                                                                          Commitment          Company            Company             Citizenship
Perusahaan. Kami secara kesinambungan        enhanced the comprehensive
terus memperdalam implementasi tata          implementation of corporate governance,
                                                                                          Orientasi       Pengendalian       Mematuhi           Menjadikan        Menjadikan                Menjadi Perusahaan dengan tata
kelola secara lebih komprehensif dan         positioning the Company as an integral       GCG             internal dan       peraturan yang     GCG sebagai       Perusahaan                kelola setingkat standar ASEAN
                                                                                                          manajemen          berlaku dan        budaya            sebagai bagian            dan berlaku sebagai role model di
telah menjadikan Perusahaan sebagai          part of society through a social             GCG
                                                                                                          risiko             infrastruktur                        dari masyarakat           dalam industri
                                                                                          Orientation                                           Establish GCG
bagian dari masyarakat seutuhnya             responsibility approach under stage 4 of                     Internal control   GCG                as our culture    melalui                   To become a company with
                                                                                                                             Perusahaan                           pendekatan CSR
melalui pendekatan tanggung jawab            the roadmap, namely Good Sustainability                      and risk                                                                          ASEAN-level governance
                                                                                                          management         Compliance                           Establish the             standards and serve as a role
sosial pada roadmap tahap 4, yaitu Good      Citizenship.                                                                    with prevailing                      Company as part           model within the industry

Sustainability Citizenship.                                                                                                  rules and the                        of the community
                                                                                                                             Company’s                            through a CSR
                                                                                                                             GCG                                  approach
                                                                                                                             infrastructure
Kami berkeyakinan bahwa dengan               We are confident that continuous
penyempurnaan berkesinambungan               enhancement of the corporate
                                                                                          Parameter     • Kebijakan          Terkelolanya       Terciptanya       Menjadi                   • Peningkatan dan Pemutakhiran
terhadap infrastruktur tata kelola           governance infrastructure, strengthening
                                                                                                          sesuai peraturan   operasi            GCG sebagai       Perusahaan yang             infrastruktur tata kelola
perusahaan, peningkatan kapasitas dan        of governance organs capacity and                            yang berlaku       Perusahaan         budaya yang       beretika dan                perusahaan yang baik
                                                                                                          Policies comply    berbasis           merupakan         bertanggung                 Enhancement and updating of
kapabilitas organ tata kelola, kepatuhan     capabilities, compliance with regulations                    with prevailing    pengendalian       wujud Good        jawab sebagai               good corporate governance
terhadap regulasi dan hubungan               and engagement with regulators, as well                      rules              internal dan       Sustainability    bagian dari                 infrastructure
                                                                                                        • Infrastruktur      manajemen                            masyarakat                • Peningkatan kapasitas dan
dengan regulator, serta peningkatan          as the reinforcement of the principles                                          risiko
                                                                                                                                                Create GCG
                                                                                                                                                                  industri dan
                                                                                                          GCG                                   as a culture                                  kapabilitas organ tata kelola
penerapan prinsip hak-hak dan perlakuan      of shareholders’ rights and equitable                        terinternalisasi   The Company’s      as a result       masyarakat umum             serta penerapan prinsip
                                                                                                          di Perusahaan      operations         of a Good         It becomes                  tanggung jawab Dewan secara
setara terhadap pemegang saham               treatment will support the Company                           The GCG            are managed        Sustainable       a Company                   optimal
akan mendukung Perusahaan dalam              in advancing to stage 5 GCG roadmap                          infrastructure     based on                             with ethics and             Enchancement of the capacity
                                                                                                          internalized in    internal control                     responsibility              and capabilities organs as well as
menuju tahap 5 roadmap GCG yaitu             namely “Leadership/Best Practices,”                          the Company        and risk                             as a part of the            optimal implementation of the
“Kepemimpinan/Praktik Terbaik” sebagai       as a role model at the ASEAN level.                                             management                           industrial and social       Board’s responsibility principles
                                                                                                                                                                  community                 • Peningkatan hak pemegang
role model di tingkat ASEAN.                                                                                                                                                                  saham: Perlindungan minoritas,
                                                                                                                                                                                              aksi korporasi yang adil & setara
                                                                                                                                                                                              dan likuiditas saham secara
                                                                                                                                                                                              berkelanjutan
                                                                                                                                                                                              Enhancement of Shareholder
                                                                                                                                                                                              Rights: Protection of minority
                                                                                                                                                                                              shareholders, fair and equitable
                                                                                                                                                                                              corporate actions and
                                                                                                                                                                                              sustainable share liquidity
                                                                                                                                                                                            • Peningkatan kepatuhan
                                                                                                                                                                                              terhadap regulasi dan hubungan
                                                                                                                                                                                              dengan regulator
                                                                                                                                                                                              Enhancement of regulatory
                                                                                                                                                                                              compliance and engagement
                                                                                                                                                                                              with regulators
                                                                                                                                                                                            • Peningkatan transparansi dan
                                                                                                                                                                                              keterbukaan informasi melalui
                                                                                                                                                                                              pengungkapan setara standar
                                                                                                                                                                                              internasional yang berlaku
                                                                                                                                                                                              Enhancement of transparency
                                                                                                                                                                                              and information disclosure in
                                                                                                                                                                                              line with prevailing international
                                                                                                                                                                                              standards




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    Tata Kelola Perusahaan                                                                                                                                                              Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                Corporate Governance



Tahapan Penerapan Tata Kelola Perusahaan yang Baik di Petrosea                                                                                               Tahapan Penerapan Tata Kelola Perusahaan yang Baik di Petrosea
Stages of Good Corporate Governance Implementation at Petrosea                                                                                             Stages of Good Corporate Governance Implementation at Petrosea




                                                                                                            mempertanggungjawabkan aktivitas                        Commissioners as an accountability forum
                                                                                                            pengelolaan korporasi dan aktivitas                     for corporate management activities and
                                                                                                            pengawasan, termasuk untuk memenuhi                     supervisory activities, including to fulfill
                                                                                                            hak-hak pemegang saham.                                 shareholder rights.

                                                                                                            Perusahaan dikelola oleh dua organ,                     The Company is managed by two organs,
                                                                                                            yaitu Direksi yang berperan sebagai                     namely the Board of Directors which acts
                                                                                                            organ pengelolaan korporasi dan Dewan                   as the corporate management organ
                                                                                                            Komisaris yang berperan sebagai organ                   and Board of Commissioners which acts
                                                                                                            pengawasan dalam mengawasi aktivitas                    as the supervisory organ in supervising
                                                                                                            pengelolaan yang dilaksanakan oleh                      management activities carried out by the
                                                                                                            Direksi. Direksi mempertanggungjawabkan                 Board of Directors. The Board of Directors
                                                                                                            peran pengelolaannya dan Dewan                          is responsible for its management role and
                                                                                                            Komisaris mempertanggungjawabkan                        the Board of Commissioners is responsible
                                                                                                            peran pengawasannya kepada para                         for its supervisory role to shareholders
                                                                                                            pemegang saham melalui organ RUPS.                      through the GMS organ.
                                                                                                            Secara singkat, arsitektur tata kelola                  In brief, the Company’s corporate
                                                                                                            perusahaan terdiri atas pilar eksekutif dan             governance architecture comprises of the
                                                                                                            pilar pengawasan berikut ini:                           following executive and supervisory pillars:




                                                                                                                  Rapat Umum Pemegang Saham
                                                                                                                  General Meeting of Shareholder



                                                                                                                  Dewan Komisaris
                                                                                                                  Board of Commissioners
ORGAN TATA KELOLA PERUSAHAAN                                     CORPORATE GOVERNANCE ORGANS
RUPS memegang otoritas tertinggi dalam                           The GMS holds the highest authority in
penerapan GCG di Petrosea dan Dewan                              implementing GCG at Petrosea and the
Komisaris didukung oleh empat komite                             Board of Commissioners is supported              Direksi                                                       Komite Audit, Risk & Compliance
                                                                                                                  Board of Directors                                            Audit, Risk & Compliance Committee
dalam menjalankan tugasnya.                                      by four committees in carrying out their
                                                                 duties.
                                                                                                                  Audit Internal dan Manajemen Mutu                             Komite Project & Investment
Struktur governansi korporat meliputi tiga                       The corporate governance structure               Internal Audit & Quality Management                           Project Investment Committee

organ, yaitu organ kepemilikan, organ                            consists of three organs, namely the
pengelolaan dan organ pengawasan.                                ownership organ, management organ
                                                                                                                  Etika Bisnis dan Manajemen Risiko Integritas                  Komite Nominasi & Remunerasi
RUPS merupakan organ kepemilikan                                 and supervisory organ. The GMS is a
                                                                                                                  Business Ethics and Integrity Risk Management                 Nomination & Remuneration Committee
korporasi yang digunakan oleh Direksi                            corporate ownership organ which is used
dan Dewan Komisaris sebagai forum untuk                          by the Board of Directors and Board of
                                                                                                                  Sekretaris Perusahaan & Komunikasi                            Komite Keberlanjutan
                                                                                                                  Corporate Secretary & Communications                          Sustainability Committee




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    Tata Kelola Perusahaan                                                                                                                                           Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                             Corporate Governance




Pengawasan, Evaluasi & Peningkatan
                                                                                                                         Pengawasan, Evaluasi & Peningkatan Tata Kelola Perusahaan yang Baik di Petrosea
                                                                                                                        Supervision, Evaluation & Enhancement of Good Corporate Governance At Petrosea


Tata Kelola Perusahaan yang Baik di Petrosea
Supervision, Evaluation & Enhancement of Good Corporate
Governance at Petrosea


PENGAWASAN TATA KELOLA                       GOOD CORPORATE GOVERNANCE                         program kerja fungsi Audit Internal                   provide recommendations to the
PERUSAHAAN YANG BAIK                         MONITORING                                        dan mengevaluasi pelaksanaannya,                      Board of Commissioners regarding the
                                                                                               memberikan rekomendasi kepada                         appointment of the Public Accounting
Pengawasan terhadap pelaksanaan              The monitoring of the implementation              Dewan Komisaris atas penunjukan                       Firm as an External Auditor to audit the
tata kelola di Petrosea yang mencakup        of corporate governance at Petrosea               Kantor Akuntan Publik selaku Auditor                  Company’s financial reports
kebijakan, infrastruktur dan roadmap         which includes policies, infrastructure and       Eksternal yang mengaudit laporan
dilakukan secara konsisten oleh seluruh      roadmap is consistently carried out by all        keuangan Perusahaan
organ GCG yang bertanggung jawab             GCG organs responsible for supervisory
dalam fungsi pengawasan, dengan tujuan       functions, with the aim of ensuring the       •   Memonitor dan memberikan                         •    The nominations, remunerations
tercapainya pelaksanaan atas setiap          execution of every strategy, both short-          rekomendasi terkait nominasi,                         and successions of the Board of
strategi, rencana kerja jangka pendek dan    term and long-term work plans, as well as         remunerasi dan suksesi Dewan                          Commissioners and Board of Directors
panjang, serta visi misi dari Perusahaan.    alignment with the Company’s vision and           Komisaris dan Direksi
                                             mission.                                      •   Menilai potensial risiko dan tingkat             •    Assess the potential risks and
                                                                                               pengembalian atas suatu proyek                        rate of return on a new project,
Pengawasan implementasi tata kelola di       The monitoring of the implementation of           baru, investasi belanja modal sesuai                  capital expenditure investment in
Perusahaan merupakan tanggung jawab          corporate governance in the Company               dengan annual business plan serta                     accordance with the annual business
Dewan Komisaris. Dalam pelaksanaan           is the responsibility of the Board of             strategic business plan jangka                        plan and the Company's long-term
tanggung jawab ini, Dewan Komisaris          Commissioners. In carrying out this               panjang Perusahaan dan memberikan                     strategic business plan and provide
didukung oleh empat komite yang masing-      responsibility, the Board of Commissioners        rekomendasinya kepada Dewan                           recommendations to the Board of
masing memiliki tugas dan tanggung jawab     is supported by four committees with the          Komisaris                                             Commissioners
sebagai berikut:                             following roles and responsibilities:         •   Memantau, meninjau, mengevaluasi                 •    Monitor, review, evaluate as well
•   Menelaah data keuangan yang              •   Review financial information which            serta memberikan rekomendasi atas                     as make recommendations for the
    akan disampaikan kepada publik               will be submitted to the public and           kinerja, inisiatif, rencana dan risiko                performance, initiatives, plans and risk
    dan otoritas terkait dalam rangka            related authorities in order to fulfill       terkait ESG dalam setiap investasi yang               related to ESG for each investment
    memenuhi kewajiban untuk                     the obligation to report financial            diajukan oleh manajemen                               proposed by management
    melaporkan laporan keuangan secara           statements periodically, evaluate the
    berkala, mengevaluasi kinerja Kantor         performance of the Public Accounting      Proses Evaluasi & Peningkatan Terhadap               Evaluation & Improvement Process
    Akuntan Publik, termasuk melakukan           Firm, including to meet the External      Pelaksanaan Tata Kelola Perusahaan di                Towards Good Corporate Governance
    pertemuan dengan perwakilan Auditor          Auditor representatives to discuss the    Petrosea                                             Implementation In Petrosea
    Eksternal untuk mendiskusikan ruang          audit scope and implementation, as
                                                                                           Petrosea mempergunakan standar                       Petrosea uses the ASEAN Corporate
    lingkup dan pelaksanaan audit,               well as financial report audit results,
                                                                                           ASEAN Corporate Governance Scorecard                 Governance Scorecard criteria to evaluate
    serta hasil audit laporan keuangan,          compliance towards prevailing
                                                                                           (ACGS) untuk mengevaluasi penerapan                  its GCG implementation. Each year, the
    penelaahan atas ketaatan terhadap            rules and regulations and GCG
                                                                                           GCG. Setiap tahunnya, evaluasi tersebut              evaluation is conducted by IIC as an
    peraturan perundang-undangan                 implementation, review the Company’s
                                                                                           dilakukan oleh IICD sebagai lembaga                  independent party.
    yang berlaku dan penerapan GCG               enterprise risk management and
                                                                                           independen.
    yang baik, menelaah enterprise risk          internal control system, approve the
    management dan internal control              Internal Audit function’s work program
    system Perusahaan, menyetujui                and evaluate its implementation,




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    Tata Kelola Perusahaan                                                                                                                                              Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                Corporate Governance




                                                                                                               Rapat Umum Pemegang Saham
Pengawasan, Evaluasi & Peningkatan Tata Kelola Perusahaan yang Baik di Petrosea
Supervision, Evaluation & Enhancement of Good Corporate Governance At Petrosea


                                                                                                               General Meeting of Shareholders


Evaluasi yang dilakukan mengacu kepada                        The evaluation is conducted based on the
prinsip-prinsip ACGS sebagai berikut:                         following ACGS principles:




      1       Prinsip A
              Principle A
                                       2      Prinsip B
                                              Principle B          3      Prinsip C
                                                                          Principle C
                                                                                          4      Prinsip D
                                                                                                 Principle D

   Hak-Hak dan                       Keberlanjutan dan            Pengungkapan          Tanggung Jawab
   Perlakuan Setara                  Ketangguhan                  dan Transparansi      Dewan Komisaris dan
   Terhadap Pemegang                 Sustainability and           Disclosure and        Direksi
   Saham                             Resilience                   Transparency          Responsibilities of
   Rights and Equitable                                                                 the Board of
   Treatment of                                                                         Commisioners and the
   Shareholders                                                                         Board of Directors




Berdasarkan penilaian tahunan yang                            Based on the annual assessment
dilakukan oleh pihak independen terhadap                      conducted by an independent party
praktik corporate governance di Petrosea                      on Petrosea’s corporate governance
di tahun 2025 yang mengacu kepada                             practices in 2025 which refers to the
ACGS, Perusahaan berhasil meningkatkan                        ACGS, the Company successfully
skor keseluruhan tertimbang menjadi 94,79                     increased its overall weighted score to
poin dari sebelumnya 92,21 poin, berkat                       94.79 points from the previous 92.21
inisiatif penguatan GCG infrastuktur dan                      points, driven by initiatives to strengthen
implementasi dari empat pilar GCG serta                       its GCG infrastructure, the implementation
berfokus pada transparansi. Pencapain                         of the four GCG pillars, as well as a strong
tersebut telah mempertahankan posisi                          focus on transparency.This achievement
Perusahaan pada predikat “Very Good”,                         maintained the Company’s position
dimana praktik GCG yang dilakukan                             in the “Very Good” category, in which
telah mengadopsi secara penuh standar                         implementation of GCG practices has fully
internasional.                                                adopted international standards.

Setiap tahunnya, berdasarkan hasil                            Each year, based on the assessment
assessment yang dilakukan oleh IICD                           conducted by IICD during the previous
di tahun sebelumnya, Perusahaan                               year, the Company has undertaken
                                                                                                               Implementasi praktik-praktik GCG tidak
kemudian melakukan perbaikan secara                           continuous improvements to enhance its                                                     The implementation of GCG practices
                                                                                                               dapat dilepaskan dari keterlibatan para
berkesinambungan untuk meningkatkan                           governance practices which refers to the                                                   cannot be separated from the involvement
                                                                                                               pemegang saham. Corporate governance
praktik tata kelola yang mengacu kepada                       standards of various other publicly listed                                                 of shareholders. Petrosea’s corporate
                                                                                                               framework Petrosea mengutamakan
standar perusahaan-perusahaan terbuka                         companies in Southeast Asia and member                                                     governance framework prioritizes the
                                                                                                               perlindungan dan pelaksanaan atas
lainnya di kawasan Asia Tenggara dan                          countries of the Organization for Economic                                                 protection and implementation of
                                                                                                               hak para pemegang saham termasuk
negara-negara anggota dari Organization                       Cooperation and Development (OECD).                                                        shareholder rights, including ensuring fair
                                                                                                               memastikan perlakuan yang adil bagi
for Economic Cooperation and                                                                                                                             treatment for shareholders, both minority
                                                                                                               pemegang saham baik untuk pemegang
Development (OECD).                                                                                                                                      shareholders and foreign investors.
                                                                                                               saham minoritas dan pemodal asing.




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    Tata Kelola Perusahaan                                                                                                                                            Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                              Corporate Governance



Penerapan Tata Kelola Perusahaan di Petrosea Tahun 2025                                                                                                                   Rapat Umum Pemegang Saham
Corporate Governance Implementation at Petrosea in 2025                                                                                                                  General Meeting of Shareholders




RUPS merupakan organ perusahaan yang                      The GMS is a company organ with the            HAK & WEWENANG PEMEGANG SAHAM                RIGHTS & AUTHORITIES OF
memiliki wewenang yang tidak dapat                        authority that cannot be given to the Board                                                 SHAREHOLDERS
diberikan kepada Dewan Komisaris atau                     of Commissioners or Board of Directors
                                                                                                         Berdasarkan peraturan perundang-             Based on prevailing rules and regulations
Direksi dalam batas yang ditentukan dalam                 within the limits specified in prevailing
                                                                                                         undangan yang berlaku serta Anggaran         as well as the Company’s Articles of
peraturan perundang-undangan yang                         rules and regulations and the Company’s
                                                                                                         Dasar Perusahaan, hak dan wewenang           Associations, the rights and authorities of
berlaku dan Anggaran Dasar Perusahaan.                    Articles of Association.
                                                                                                         pemegang saham, antara lain tapi tidak       shareholders include but are not limited to:
                                                                                                         terbatas pada:
Perusahaan menjalankan usaha untuk                        The Company conducts its business for the
                                                                                                         a. Mendapatkan dividen dalam hal             a.   Receive dividends in the event that
kepentingan jangka panjang bagi seluruh                   long-term interest of all shareholders and
                                                                                                            Perusahaan memperoleh laba positif,            the Company earns a positive profit,
pemegang saham, serta memberdayakan                       empowers shareholders to continuously
                                                                                                            telah diputuskan dalam RUPS dan                it has been decided in the GMS and
pemegang saham untuk melakukan                            conduct control over the Company.
                                                                                                            dibayarkan tepat waktu sesuai dengan           must be paid on time in accordance to
pengawasan secara berkelanjutan.                          In governing relationships with its
                                                                                                            peraturan perundang-undangan yang              prevailing rules and regulations
Dalam menata kelola hubungan                              shareholders, the Company ensures that
                                                                                                            berlaku
dengan pemegang saham, Perusahaan                         all five rights of the shareholders are met,
                                                                                                         b. Berpartisipasi, menyampaikan              b. Participate, express opinions and
memastikan terpenuhinya lima hak                          namely:
                                                                                                            pendapat dan memberikan suara                vote during the GMS based on the
pemegang saham, yaitu:
                                                                                                            dalam RUPS berdasarkan ketentuan             regulation of one share gives the
•   Hak dasar pemegang saham                              •   The basic rights of shareholders              satu saham memberikan hak kepada             holder the right to cast one vote
•   Hak berpartisipasi dalam keputusan                    •   The right to participate in decisions         pemegangnya untuk mengeluarkan
    terkait perubahan yang mendasar                           regarding fundamental changes                 satu suara
•   Hak untuk berpartisipasi secara efektif               •   The right to effectively participate       c. Mendapatkan informasi mengenai            c. Obtain information about the
    dan menggunakan suara dalam RUPS                          and use their voices in the GMS and to        Perusahaan secara tepat waktu, benar         Company in a timely, accurate and
    serta memperoleh informasi tentang                        obtain information about the rules of         dan teratur, kecuali                         regular manner, except confidential
    aturan yang berlaku dalam RUPS                            the GMS                                       hal-hal yang bersifat rahasia, sehingga      matters, therefore shareholders can
                                                                                                            memungkinkan pemegang saham                  make decisions about their investment
•   Pengendalian Perusahaan dengan cara                   •   Controlling the Company in an efficient
                                                                                                            membuat keputusan mengenai                   in the Company based on accurate
    yang efisien dan transparan                               and transparent manner
                                                                                                            investasinya dalam Perusahaan                information
•   Hak kepemilikan pemegang saham                        •   The right of ownership of the
                                                                                                            berdasarkan informasi yang akurat
                                                              shareholders

Sesuai Anggaran Dasar Perusahaan, RUPS                    According to the Company’s Articles            d. Memperoleh penjelasan lengkap             d. Obtain comprehensive explanations
dibagi menjadi dua, yaitu RUPS Tahunan                    of Association, the GMS is divided into           dan informasi yang akurat mengenai           and accurate information about the
(RUPST) yang diselenggarakan setiap                       two, namely the Annual GMS (AGMS)                 prosedur yang harus dipenuhi                 procedures that have to be followed
tahun dan RUPS Luar Biasa (RUPSLB) yang                   which is held annually and Extraordinary          berkenaan dengan penyelenggaraan             related to the implementation of GMS
dapat diadakan setiap waktu berdasarkan                   GMS (EGMS) which is held at any time              RUPS agar pemegang saham                     so that shareholders can participate
kebutuhan atau kepentingan                                based on the requirements or interests            dapat berpartisipasi dalam proses            in the decision-making process,
Perusahaan dengan memperhatikan                           of the Company with due observance of             pengambilan keputusan, termasuk              including decisions regarding
peraturan perundang-undangan yang                         prevailing rules and regulations.                 keputusan mengenai hal-hal terkait           fundamental amendment for Articles
berlaku.                                                                                                    perubahan-perubahan mendasar                 of Associations of the Company,
                                                                                                            Anggaran Dasar Perusahaan,                   additional number of shares of the
                                                                                                            penambahan jumlah saham Perusahaan           Company as well as participate in
                                                                                                            serta berpartisipasi dalam perubahan         the change of a Company’s assets in
                                                                                                            aset-aset Perusahaan sesuai dengan           accordance to the prevailing rules and
                                                                                                            peraturan perundang-undangan yang            regulations
                                                                                                            berlaku



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     Tata Kelola Perusahaan                                                                                                                         Tata Kelola Perusahaan
     Corporate Governance                                                                                                                           Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                               Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                        General Meeting of Shareholders




e. Mengajukan usulan secara tertulis           e. Submit a written proposal regarding     PELAKSANAAN RUPS                            IMPLEMENTATION OF GMS
   mengenai mata acara RUPS dan/atau              the agenda of the GMS and/or
                                                                                          Perusahaan menyelenggarakan RUPS            The Company organizes the GMS with the
   penyelenggaraan RUPSLB dengan                  the holding of the EGMS by taking
                                                                                          dengan maksud untuk memenuhi lima           purpose to fulfill the five rights of all
   memperhatikan ketentuan Anggaran               into account the provisions of the
                                                                                          hak-hak seluruh Pemegang Saham yang         Shareholders mentioned above and with
   Dasar Perusahaan dan peraturan                 Company’s Articles of Association and
                                                                                          disebutkan di atas dan dengan tujuan        the aim of obtaining decisions of the
   perundang-undangan yang berlaku                prevailing rules and regulations
                                                                                          memperoleh keputusan Pemegang               Shareholders. The implementation of a
f.    Mengangkat dan memberhentikan            f.   Appoint and dismiss members of the    Saham. Pelaksanaan kegiatan RUPS            GMS is led by the Board of Directors, in
      anggota Dewan Komisaris dan Direksi           Board of Commissioners and Board of   dipimpin oleh Direksi, sesuai Anggaran      accordance with the Company’s Articles of
                                                    Directors                             Dasar Perusahaan.                           Association.

g. Mengangkat dan/atau                         g. Appoint and dismiss the Public
                                                                                          Pengumuman mengenai penyelenggaraan         An announcement regarding the GMS
   memberhentikan Kantor Akuntan                  Accounting Firm and/or Public
                                                                                          RUPS di umumkan melalui situs web           implementation is announced through
   Publik dan/atau Akuntan Publik dalam           Accountant in carrying out financial
                                                                                          perusahaan serta situs web bursa.           the Company’s and IDX websites. The
   melakukan audit laporan keuangan               report audits
                                                                                          Pengumuman tersebut mencakup juga           announcement also includes shareholders’
                                                                                          hak pemegang saham untuk mengusulkan        right to propose a GMS agenda. Following
                                                                                          mata acara RUPS. Setelah pengumuman,        the announcement, the Company sends
                                                                                          Perusahaan mengirimkan pemanggilan          invitations to shareholders as well as
                                                                                          kepada pemegang saham beserta               information related to the agenda within
                                                                                          informasi terkait mata acara rapat dengan   a period of time in accordance with
                                                                                          jangka waktu sesuai dengan peraturan        prevailing rules and regulations.
                                                                                          perundang-undangan yang berlaku.




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    Tata Kelola Perusahaan                                                                                                                                                              Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                  Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                           General Meeting of Shareholders




PROSEDUR PENGAMBILAN KEPUTUSAN                          DECISION MAKING PROCEDURE                             Pemungutan suara dilakukan dengan                       Voting can be conducted with the
                                                                                                              prosedur berikut:                                       following procedure:
Hak untuk berpartisipasi secara efektif                 The right to participate effectively in the
dalam RUPS dan hak untuk memberikan                     GMS and right to vote must be announced
suara wajib diumumkan pada situs web                    on the Company’s website through GMS
                                                                                                               1                                   2                                3
Perusahaan melalui tata tertib RUPS yang                code of conduct that governs the GMS,
mengatur pelaksanaan RUPS, termasuk                     including the procedure to cast votes.                       Pertama, mereka yang              Kedua, mereka yang                Ketiga, mereka yang tidak
tata cara pemungutan suara. Pengambilan                 Decisions are made based on deliberation                     memberikan suara abstain          tidak setuju akan diminta         mengangkat tangan pada
                                                                                                                     akan diminta mengangkat           mengangkat tangan dan             tahap pertama dan kedua
keputusan diambil berdasarkan                           for consensus. If this is not achieved, then
                                                                                                                     tangan dan menyerahkan            menyerahkan                       dianggap menyetujui usul yang
musyawarah untuk mufakat. Apabila tidak                 decisions are made by way of voting,                         kartu suaranya                    kartu suaranya                    sedang dibicarakan
tercapai, maka keputusan diambil dengan                 namely:
                                                                                                                     First, those who give             Second, those who do              Third, those who do not
pemungutan suara, yaitu:                                                                                             abstain votes will be asked       not agree will be asked to        raise their hand on the first
                                                                                                                     to raise their hand and           raise their hand and hand         and second steps will be
                                                                                                                     hand over the form                over                              considered agreeing to the
                                                                                                                                                       the form                          suggestions which have been
                                                                                                                                                                                         discussed

     Untuk mata acara RUPSLB berdasarkan suara                   Untuk seluruh mata acara RUPST
     setuju lebih dari 2/3 (dua per tiga) bagian dari       berdasarkan suara setuju lebih dari ½ (satu
    jumlah suara yang telah dikeluarkan secara sah            per dua) bagian dari jumlah suara yang          Pemungutan suara juga dapat dilakukan                   Voting can also be conducted
     dalam rapat, sebagaimana ditentukan dalam              telah dikeluarkan secara sah dalam rapat,
                                                          sebagaimana ditentukan dalam pasal 23 ayat 2        secara elektronik, yaitu melalui Electronic             electronically through the KSEI Electronic
     pasal 26 ayat 1.a Anggaran Dasar Perusahaan
                                                                   Anggaran Dasar Perusahaan                  General Meeting System KSEI (eASY.KSEI)                 General Meeting System (eASY. KSEI)
    For agendas of EGMS based on the affirmative
   vote of more than 2/3 (two-thirds) portion of the       For agendas of AGMS based on the affirmative       yang disediakan oleh PT Kustodian Sentral               provided by PT Kustodian Sentral Efek
   total votes which have been validly issued at the        vote of more than ½ (one half) portion of the     Efek Indonesia melalui tautan akses.                    Indonesia through the web akses.
    meeting, as provided in article 26 paragraph 1.       total votes which have been validly issued at the
                                                          meeting, as provided in article 23 paragraph 2 of   ksei.co.id. Suara yang diberikan melalui                ksei.co.id. The voices that have opted to
      a of the Company’s Articles of Association
                                                               the Company’s Articles of Association          pemberian kuasa kepada Biro Administrasi                use the power of attorney of the Securities
                                                                                                              Efek (BAE) dimasukkan oleh petugas BAE                  Administration office (BAE) will be entered
                                                                                                              yang hadir dalam RUPS.                                  by the officer of the BAE who attends the
                                                                                                                                                                      GMS.
Tiap saham memberi hak kepada                           Each share entitles one vote to the
pemiliknya untuk mengeluarkan satu                      owner. If a shareholder owns more than                Petugas BAE dari PT Datindo Entrycom                    The BAE officer from PT Datindo Entrycom
suara. Apabila pemegang saham memiliki                  one share with valid vote rights, then the            juga membantu Notaris Shanti Lestari,                   also assisted Notary Shanti Lestari, S.H.,M.
lebih dari satu saham dengan hak suara                  vote is considered to represent the total             S.H.,M.Kn. (untuk RUPSLB & RUPST) dalam                 Kn. (for EGMS & AGMS) to validate and
yang sah, maka suara yang diberikan                     number of owned shares unless clearly                 melakukan validasi dan perhitungan suara                count the votes for each decision on each
dianggap mewakili jumlah seluruh saham                  stated differently in accordance with the             dalam setiap pengambilan keputusan                      agenda of the meeting, based on a power
yang dimilikinya, kecuali secara tegas                  applicable regulations.                               rapat atas mata acara rapat, berdasarkan                of attorney that the shareholders have
dinyatakan lain sesuai dengan ketentuan                                                                       surat kuasa yang telah disampaikan oleh                 submitted.
yang berlaku.                                                                                                 pemegang saham.

Suara abstain dianggap mengeluarkan                     Abstain votes will be considered as the               Bagi pemegang saham yang berhalangan                    For shareholders that cannot attend
suara yang sama dengan suara mayoritas                  same vote as the majority votes from the              hadir, Petrosea memberikan fasilitas surat              the GMS, Petrosea provides the power
pemegang saham yang mengeluarkan                        shareholders who issued the ballots.                  kuasa yang disediakan oleh Perusahaan                   of attorney facility in the form of letter
suara.                                                                                                        di situs web perusahaan (www.petrosea.                  templates on the Company’s website
                                                                                                              com). Surat kuasa asli wajib disampaikan                (www.petrosea.com). The original power
                                                                                                              secara langsung atau dengan surat                       of attorney letter must be submitted
                                                                                                              tercatat kepada BAE Perusahaan, yaitu                   in person or by registered letter to the
                                                                                                              PT Datindo Entrycom, dengan alamat                      Company’s BAE, namely PT Datindo


348    Laporan Tahunan / Annual Report 2025                                                                                                                                                  PT Petrosea Tbk 349
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    Tata Kelola Perusahaan                                                                                                                                                       Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                         Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                              Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                      General Meeting of Shareholders




di Jl. Hayam Wuruk No. 28, Jakarta            Entrycom, which is located at Jl. Hayam     Pada tahun 2025, Perusahaan                                       in 2025, the Company conducted two
10120, telepon 021-3508077, faksimili         Wuruk No. 28, Jakarta 10120, telephone      menyelenggarakan RUPS sebanyak dua                                GMS, namely one Annual GMS and one
021-3508078, u.p. Data Management             021-3508077, facsimile 021-3508078,         kali RUPS, yaitu satu RUPS Tahunan dan                            Extraordinary GMS.
Department dan mengirimkan scan               attention: Data Management Department       satu RUPS Luar Biasa.
copy melalui email dm@datindo.com.            and submit the scanned copy and email
Pemegang saham yang telah memberikan          to dm@datindo.com. In the event that
kuasa kepada BAE akan diperhitungkan          a shareholder grants power of attorney
dalam kuorum kehadiran.                       to the Company’s BAE, he/she shall be         RUPS Luar Biasa 21 April 2025
                                              counted in the attendance quorum.             Extraordinary GMS 21 April 2025



                                                                                            Tempat                   Indy Bintaro office Park, Building B
LAPORAN PENYELENGGARAAN RUPS DI               GMS IMPLEMENTATION REPORT IN 2025             Pelaksanaan              Jl. Boulevard Bintaro Jaya Blok B7/A6,
                                                                                            Venue                    Sektor VII CBD Bintaro Jaya, Tangerang Selatan
2025
Sesuai dengan peraturan perundang-            In accordance with Indonesian capital
                                                                                            Pelaksanaan              Perusahaan mengumumkan rencana penyelenggaraan RUPS pada tanggal 12 Maret 2025,
undangan pasar modal Indonesia,               market rules and regulations, the Company
                                                                                            Implementation           serta mengirimkan undangan, tata tertib, informasi terkait mata acara rapat, serta form surat
Perusahaan wajib membuat ringkasan            is required to produce a summary of the                                kuasa RUPS pada tanggal 27 Maret 2025. Ringkasan risalah RUPS pada tanggal 22 April 2025
risalah RUPS yang mencatat jalannya rapat,    minutes of the GMS which records the                                   dan pelaporan berita acara RUPS pada tanggal 19 Mei 2025.

termasuk daftar pertanyaan yang diajukan      proceedings of the meeting, including                                  The Company announced the plan to conduct a GMS on 12 March 2025 and distributed GMS
                                                                                                                     invitations, codes of conduct, information related to the agenda and power of attorney
dan jawaban yang diberikan kepada             a list of questions asked and answers                                  templates on 27 March 2025. Summary of the minutes of the GMS result on 22 April 2025 and
pemegang saham dalam kesempatan               provided to shareholders during the                                    reporting the deed of minutes of meeting of GMS on 19 May 2025.

pembahasan setiap agenda. Ringkasan           discussion of each agenda. The summary
risalah RUPS tersebut wajib disampaikan       of minutes of the GMS must be submitted
                                                                                            Peserta                  Rapat dihadiri oleh para pemegang saham atau kuasanya yang sah yang hadir baik melalui
melalui situs web Perusahaan, situs web       through the Company’s website, e-RUPS         Attendees                sistem eASY.KSEI, kuasa kepada PT Datindo Entrycom (Biro Administrasi Efek) maupun hadir
penyedia e-RUPS dan situs web Bursa           provider website and Indonesia Stock                                   secara langsung dalam rapat atau mewakili 7.487.652.370 saham atau merupakan 74,24%
                                                                                                                     dari total 10.086.050.000 saham sesuai Daftar Pemegang Saham tanggal 26 Maret 2025.
Efek Indonesia. Selain itu, Perusahaan juga   Exchange website. In addition, the
                                                                                                                     Mewakili Perusahaan:
melaporkan berita acara RUPS kepada           Company also submits the GMS minutes of                                Hadir secara langsung
OJK.                                          meeting to OJK.                                                        • Presiden Komisaris merangkap Komisaris Independen: Osman Sitorus
                                                                                                                     • Komisaris: Djauhar Maulidi, S.E., M.B.A.
                                                                                                                     • Komisaris Independen: Dr. Setia Untung Arimuladi S.H., M. Hum.
                                                                                                                     • Presiden Direktur: Michael
                                                                                                                     • Direktur: Kartika Hendrawan, Ruddy Santoso, Meinar Kusumastuti, Iman Darus Hikhman
                                                                                                                     Hadir secara online
                                                                                                                     Komisaris: Prof. Ginandjar Kartasasmita dan Jenderal Pol. (Purn.) Drs. Sutanto
                                                                                                                     Kehadiran secara online difasilitasi oleh sistem eASY. KSEI dan Zoom Webinar.
                                                                                                                     RUPS dipimpin oleh Osman Sitorus selaku Presiden Komisaris merangkap Komisaris
                                                                                                                     Independen.
                                                                                                                     Pihak independen:
                                                                                                                     • Notaris: Shanti Indah Lestari, S.H., M.Kn.
                                                                                                                     • BAE: PT Datindo Entrycom
                                                                                                                     Proses perhitungan suara, pembahasan dan pengambilan keputusan diamati sepenuhnya
                                                                                                                     oleh pihak independen.




350    Laporan Tahunan / Annual Report 2025                                                                                                                                              PT Petrosea Tbk             351
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    Tata Kelola Perusahaan                                                                                                                                                                                    Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                                      Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                                           Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                                                   General Meeting of Shareholders




   RUPS Luar Biasa 21 April 2025                                                                                            Persetujuan | Approval
   Extraordinary GMS 21 April 2025
                                                                                                                            Mata Acara 1
                                                                                                                            Agenda 1              Total Saham yang Hadir
   Peserta                  The Meeting was attended by the shareholders or their authorized proxy either through the                             Total Shares Present
   Attendees                eASY.KSEI system, proxy to PT Datindo Entrycom (Stock Administration Bureau) or physically                            7.487.652.370 saham/shares (74,24%)
                            present during the Meeting, which represented 7,487,652,370 shares or 74.24% from a total of
                            10,086,050,000 shares based on the Shareholders List on 26 March 2025.
                            Representing the Company:                                                                                                 Tidak Setuju               Abstain                Setuju               Total Suara Setuju
                            Attend physically                                                                                                          Disagreed                Abstained               Agreed              Total Shares Agreed
                            • President Commissioner concurrently Independent Commissioner: Osman Sitorus
                            • Commissioner: Djauhar Maulidi, S.E., M.B.A.                                                                              15.340.200               12.393.900           7.459.918.270              7.472.312.170
                            • Independent Commissioner: Dr. Setia Untung Arimuladi S.H., M. Hum.                                                         (0,20%)                  (0,16%)              (99,63%)                   (99,79%)
                            • President Director: Michael
                            • Director: Kartika Hendrawan, Ruddy Santoso, Meinar Kusumastuti, Iman Darus Hikhman            Mata Acara 2
                                                                                                                            Agenda 2              Total Saham yang Hadir
                            Attend online
                                                                                                                                                  Total Shares Present
                            Commissioner: Prof. Ginandjar Kartasasmita and Jenderal Pol. (Purn.) Drs. Sutanto
                            The online attendance was facilitated by the eASY.KSEI system and Zoom Webinar.                                       7.487.652.370 saham/shares (74,24%)
                            The GMS was chaired by Osman Sitorus as President Commissioner concurrently as
                            Independent Commissioner.
                                                                                                                                                      Tidak Setuju               Abstain                Setuju               Total Suara Setuju
                            Independent parties:                                                                                                       Disagreed                Abstained               Agreed              Total Shares Agreed
                            • Notary: Shanti Indah Lestari, S.H., M.Kn.
                            • BAE: PT Datindo Entrycom                                                                                                 15.339.700               12.392.400           7.459.920.270              7.472.312.670
                            The vote counting, deliberation and decision-making process was fully observed by the                                       (0,20%)                   (0,16%)               (99,63%)                  (99,79%)
                            independent parties.

                                                                                                                            Keputusan | Decisions

   Mata Acara               1. Persetujuan atas perubahan tempat kedudukan perseroan.
   Agenda                   2. Penyesuaian Pasal 3 Anggaran Dasar Perseroan mengenai Maksud dan Tujuan serta                Mata Acara 1          Menyetujui Perubahan Pasal 1 ayat 1 Anggaran Dasar Perseroan tentang perubahan Tempat
                               Kegiatan Usaha Perseroan terkait Peraturan No. IX.J.1 tentang Pokok-pokok Anggaran           Agenda 1              Kedudukan Perseroan, semula Tangerang Selatan menjadi Jakarta Barat, sehingga Pasal 1 ayat
                               Dasar Perseroan yang Melakukan Penawaran Umum Efek Bersifat Ekuitas dan Perusahaan                                 (1) Anggaran Dasar Perseroan menjadi berbunyi sebagai berikut:
                               Publik.                                                                                                            I. Perseroan Terbatas ini bernama “PT Petrosea Tbk” (selanjutnya dalam anggaran dasar cukup
                            1. Approval of the change of the Company’s domicile.                                                                      disingkat dengan”Perseroan”), berkedudukan di Jakarta Barat.
                            2. Adjustment of Article 3 of the Company’s Articles of Association regarding the Objectives
                                                                                                                                                  Approve the Change to Article 1 paragraph 1 of the Company’s Articles of Association regarding
                               and Business Activities of the Company in accordance with Regulation No. IX.J.1 on the                             the change in the Company’s Domicile, originally from South Tangerang to West Jakarta, so that
                               Main Provisions of the Articles of Association of Companies Conducting Public offerings of                         Article 1 paragraph (1) of the Company’s Articles of Association reads as follows:
                               Equity Securities and Public Companies.                                                                            I. This Limited Liability Company is named “PT Petrosea Tbk” (hereinafter in the articles of
                                                                                                                                                     association simply abbreviated as “Company”), domiciled in West Jakarta.


   Jumlah Pemegang          Pemegang Saham tidak mengajukan pertanyaan untuk masing-masing mata acara.
   Saham Yang               The Shareholders did not pose any questions for each agenda.                                                          Menyetujui penyesuaian dan pernyataan kembali ketentuan dalam Pasal 3 Anggaran
                                                                                                                            Mata Acara 2
   Mengajukan
                                                                                                                            Agenda 2              Dasar Perseroan guna memenuhi ketentuan Peraturan No. IX.J.1.
   Pertanyaan dan/
                                                                                                                                                  Approve the adjustment and restatement of the provisions in Article 3 of the Company’s
   atau Pendapat
                                                                                                                                                  Articles of Association in order to comply with the provisions of Regulation No. IX.J.1.
   Number of
   Shareholders Who
   Raised Questions
   and/or Opinions                                                                                                          Realisasi | Realization


                                                                                                                            Mata Acara 1          Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
   Proses                   Keputusan diambil melalui voting melalui kertas suara (termasuk bagi yang memberikan kuasa
                                                                                                                            Agenda 1              The decisions on this agenda have been realized and reported to OJK and BEI.
   Process                  kepada BAE), serta diamati oleh Notaris dan Petugas BAE.
                            The decisions were made through voting by poll (including the shareholders who gave power
                            of attorney to BAE) and were observed by the Notary and the BAE officer.
                                                                                                                            Mata Acara 2          Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
                                                                                                                            Agenda 2              The decisions on this agenda have been realized and reported to OJK and BEI.




352    Laporan Tahunan / Annual Report 2025                                                                                                                                                                           PT Petrosea Tbk           353
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    Tata Kelola Perusahaan                                                                                                                                                                      Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                        Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                            Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                                    General Meeting of Shareholders




   RUPS Tahunan 21 April 2025
                                                                                                                              Peserta      The Meeting was attended by the shareholders or their authorized proxy either
   Annual GMS 21 April 2025
                                                                                                                              Attendees    through the eASY.KSEI system, proxy to PT Datindo Entrycom (Stock Administration
                                                                                                                                           Bureau) or physically present during the Meeting, which represented 7,487,642,470
                                                                                                                                           shares or 74.24% from a total of 10,086,050,000 shares based on the Shareholders
   Tempat                     Indy Bintaro office Park, Building B
   Pelaksanaan                                                                                                                             List on 26 March 2025.
                              Jl. Boulevard Bintaro Jaya Blok B7/A6,
   Venue                      Sektor VII CBD Bintaro Jaya, Tangerang Selatan
                                                                                                                                           Representing the Company:
                                                                                                                                           Attend physically
                                                                                                                                           • President Commissioner concurrently Independent Commissioner: Osman
   Pelaksanaan                Perusahaan mengumumkan rencana penyelenggaraan RUPS pada tanggal 12 Maret 2025,                                Sitorus
   Implementation             serta mengirimkan undangan, tata tertib, informasi terkait mata acara rapat, serta form surat
                                                                                                                                           • Commissioner: Djauhar Maulidi, S.E., M.B.A.
                              kuasa RUPS pada tanggal 27 Maret 2025. Ringkasan risalah RUPS pada tanggal 22 April 2025
                                                                                                                                           • Independent Commissioner: Dr. Setia Untung Arimuladi S.H., M. Hum.
                              dan pelaporan berita acara RUPS pada tanggal 19 Mei 2025.
                                                                                                                                           • President Director: Michael
                              The Company announced the plan to conduct a GMS on 12 March 2025 and distributed GMS                         • Director: Kartika Hendrawan, Ruddy Santoso, Meinar Kusumastuti, Iman Darus
                              invitations, codes of conduct, information related to the agenda and power of attorney letter                  Hikhman
                              templates on 27 March 2025. Summary of the minutes of the GMS result on 22 April 2025 and
                              reporting the deed of minutes of meeting of GMS on 19 May 2025.

                                                                                                                                           Attend online
                                                                                                                                           Commissioner: Prof. Ginandjar Kartasasmita and Jenderal Pol. (Purn.) Drs. Sutanto
   Peserta                    Rapat dihadiri oleh para pemegang saham atau kuasanya yang sah yang hadir baik melalui
   Attendees                  sistem eASY.KSEI, kuasa kepada PT Datindo Entrycom (Biro Administrasi Efek) maupun hadir                     The online attendance was facilitated by the eASY.KSEI system and Zoom Webinar.
                              secara langsung dalam rapat atau mewakili 7.487.642.470 saham atau merupakan 74,24%                          The GMS was chaired by Osman Sitorus as President Commissioner concurrently as
                              dari total 10.086.050.000 saham sesuai Daftar Pemegang Saham tanggal 26 Maret 2025.                          Independent Commissioner.

                              Mewakili Perusahaan: Hadir secara langsung                                                                   Independent parties:
                              •  Presiden Komisaris merangkap Komisaris Independen: Osman Sitorus
                                                                                                                                           • Notary: Shanti Indah Lestari, S.H., M.Kn.
                              •  Komisaris: Djauhar Maulidi, S.E., M.B.A.
                                                                                                                                           • BAE: PT Datindo Entrycom
                              •  Komisaris Independen: Dr. Setia Untung Arimuladi S.H., M. Hum.
                              •  Presiden Direktur: Michael
                                                                                                                                           The vote counting, deliberation and decision-making process was fully observed by
                              •  Direktur: Kartika Hendrawan, Ruddy Santoso, Meinar Kusumastuti, Iman Darus Hikhman
                                                                                                                                           the independent parties.
                              Hadir secara online
                              Prof. Ginandjar Kartasasmita dan Jenderal Pol. (Purn.) Drs. Sutanto

                                                                                                                              Mata Acara   1.   Penyampaian dan persetujuan atas Laporan Tahunan dan laporan
                              Kehadiran secara online difasilitasi oleh sistem eASY. KSEI dan Zoom Webinar.
                                                                                                                              Agenda            pertanggungjawaban Direksi dan laporan tugas pengawasan Dewan Komisaris
                              RUPS dipimpin oleh Osman Sitorus selaku Presiden Komisaris merangkap Komisaris
                                                                                                                                                untuk tahun buku yang berakhir 31 Desember 2024 (“Tahun Buku 2024”).
                              Independen.
                                                                                                                                           2.   Penyampaian dan pengesahan laporan keuangan konsolidasian Perseroan
                              Pihak independen:                                                                                                 untuk Tahun Buku 2024.
                              Notaris: Shanti Indah Lestari, S.H., M.Kn.                                                                   3.   Persetujuan penggunaan laba bersih Perseroan untuk Tahun Buku 2024.
                              BAE: PT Datindo Entrycom                                                                                     4.   Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik untuk melakukan
                                                                                                                                                audit atas laporan keuangan konsolidasian Perseroan untuk tahun buku yang
                              Proses perhitungan suara, pembahasan dan pengambilan keputusan diamati sepenuhnya                                 berakhir pada tanggal 31 Desember 2025.
                              oleh pihak independen.
                                                                                                                                           5.   Persetujuan perubahan susunan Dewan Komisaris dan Direksi Perseroan.
                                                                                                                                           6.   Penetapan remunerasi bagi anggota Dewan Komisaris dan Direksi Perseroan
                                                                                                                                                untuk tahun 2025.
                                                                                                                                           7.   Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum Obligasi
                                                                                                                                                Berkelanjutan I Tahap I Tahun 2024 dan Sukuk Ijarah Berkelanjutan I Tahap I
                                                                                                                                                Tahun 2024.




354    Laporan Tahunan / Annual Report 2025                                                                                                                                                            PT Petrosea Tbk         355
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    Tata Kelola Perusahaan                                                                                                                                                                    Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                      Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                           Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                                    General Meeting of Shareholders




                                                                                                                        Persetujuan | Approval
                            1.    Submission and approval of the Annual Report and accountability report of the Board
                                  of Directors and report on the supervisory duties of the Board of Commissioners for
                                  the financial year ending 31 December 2024 (“Fiscal Year 2024”).                      Mata Acara 1
                                                                                                                        Agenda 1                 Total Saham yang Hadir
                            2.    Submission and ratification of the Company’s consolidated financial statements
                                                                                                                                                 Total Shares Present
                                  for the 2024 Fiscal Year.
                            3.    Approval of the use of the Company’s net profit for Fiscal Year 2024.                                          7.487.642.470 saham/shares (74,24%)
                            4.    Appointment of a Public Accountant and/or Public Accounting Firm to audit the
                                  Company’s consolidated financial statements for the financial year ending
                                                                                                                                                                                                                Total Suara
                                  31 December 2025.
                                                                                                                                                    Tidak Setuju           Abstain        Setuju                  Setuju
                            5.    Approval of changes in the composition of the Company’s Board of Commissioners                                     Disagreed            Abstained       Agreed                Total Shares
                                  and/or Board of Directors.                                                                                                                                                      Agreed
                            6.    Determination of remuneration for members of the Company’s Board of
                                  Commissioners and Board of Directors for 2025.                                                                 Tidak ada
                            7.    Report on the Realization of the Use of Funds from the Public offering of                                      pemegang saham
                                  Shelf-Registered Bonds I Phase I of 2024 and Shelf-Registered Sukuk Ijarah I P                                 dan/atau kuasa
                                  hase I of 2024.                                                                                                pemegang saham
                                                                                                                                                 yang tidak setuju        12.467.400   7.475.175.070          7.487.642.470
                                                                                                                                                                            (0,17%)      (99,83%)                (100%)
                                                                                                                                                 There were no
   Jumlah Pemegang          Ketua Rapat menyampaikan 1 pertanyaan untuk agenda 1 dan 2 dari pemegang saham                                       shareholders and/or
   Saham Yang               sebesar 31.400 saham dengan pertanyaan:                                                                              shareholder proxies
   Mengajukan               1.   Kenapa pada tahun 2024, pendapatan naik tetapi laba turun serta apakah perusahaan                               who disagreed
   Pertanyaan dan/               telah melakukan upaya efisiensi untuk mengurangi beban usaha.
   atau Pendapat
                            2.   Berapa proyeksi pendapatan tahun 2025 serta bagaimana pengaruh penurunan rupiah
   Number of                                                                                                            Mata Acara 2
                                 terhadap kondisi keuangan perusahaan.                                                                           Total Saham yang Hadir
   Shareholders Who                                                                                                     Agenda 2
                                                                                                                                                 Total Shares Present
   Raised Questions         Pertanyaan tersebut dijawab oleh Ruddy Santoso selaku Direktur Perusahaan sebagai
   and/or Opinions          berikut:                                                                                                             7.487.642.470 saham/shares (74,24%)
                            Peningkatan pendapatan dari lini EPC mendorong kenaikan signifikan, sementara di jasa
                            pertambangan terdapat biaya operasional dan investasi alat berat untuk proyek baru.
                            Perusahaan menambah fasilitas term loan guna pembiayaan dan penguatan modal kerja.                                                                                                  Total Suara
                                                                                                                                                    Tidak Setuju           Abstain        Setuju
                            Upaya continuous improvement dan digitalisasi terus diterapkan untuk efisiensi dan                                                                                                  Setuju Total
                                                                                                                                                     Disagreed            Abstained       Agreed
                            operational excellence                                                                                                                                                             Shares Agreed

                            The Chairperson of the Meeting conveyed one question related to Agendas 1 and 2 from a
                                                                                                                                                 Tidak ada
                            shareholder representing 31,400 shares, as follows:
                                                                                                                                                 pemegang saham
                            1.   Why did revenue increase in 2024 while profit decreased, and has the company
                                                                                                                                                 dan/atau kuasa
                                 undertaken efficiency measures to reduce operating expenses?
                                                                                                                                                 pemegang saham
                            2.   What is the projected revenue for 2025, and how will the depreciation of the rupiah                                                      12.467.400   7.475.175.070          7.487.642.470
                                                                                                                                                 yang tidak setuju
                                 affect the company’s financial condition?                                                                                                  (0,17%)      (99,83%)                (100%)
                                                                                                                                                 There were no
                            The questions were answered by Ruddy Santoso, the Company’s Director, as follows:
                                                                                                                                                 shareholders and/or
                            The increase in revenue from the EPC business line drove significant growth, while in the
                                                                                                                                                 shareholder proxies
                            mining services sector there were operational costs and capital investments for new
                                                                                                                                                 who disagreed
                            projects. The company added a term loan facility to finance heavy equipment purchases and
                            strengthen working capital. Continuous improvement and digitalization efforts continue to
                            be implemented to enhance efficiency and operational excellence                             Mata Acara 3
                                                                                                                                                 Total Saham yang Hadir
                                                                                                                        Agenda 3
                                                                                                                                                 Total Shares Present

                                                                                                                                                 7.487.642.470 saham/shares (74,24%)
   Proses                   Keputusan diambil melalui voting melalui kertas suara (termasuk bagi yang memberikan
   Process                  kuasa kepada BAE), serta diamati oleh Notaris dan Petugas BAE.
                            The decisions were made through voting by poll (including the shareholders who gave power                                                                                           Total Suara
                                                                                                                                                    Tidak Setuju           Abstain        Setuju
                            of attorney to BAE) and were observed by the Notary and the BAE officer.                                                                                                            Setuju Total
                                                                                                                                                     Disagreed            Abstained       Agreed
                                                                                                                                                                                                               Shares Agreed


                                                                                                                                                        500               12.467.400   7.475.174.570           7.487.641.970
                                                                                                                                                   (0,0000067%)             (0,17%)      (99,83%)                (99,99%)




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    Tata Kelola Perusahaan                                                                                                                                                                        Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                          Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                               Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                                       General Meeting of Shareholders




   Mata Acara 4
                            Total Saham yang Hadir
   Agenda 4
                            Total Shares Present
                                                                                                                        Mata Acara 2   1.    Mengesahkan Laporan keuangan konsolidasian Perseroan untuk Tahun Buku 2024,
                            7.487.642.470 saham/shares (74,24%)                                                         Agenda 2             yang telah diaudit oleh Kantor Akuntan Publik Liana Ramon Xenia & Rekan dengan opini
                                                                                                                                             wajar dalam semua hal yang material sebagaimana diuraikan dalam Laporan
                                                                                                                                             No. 00030/2.1460/AU.1/02/1428-3/1/II/2025 tanggal 28 Februari 2025.
                                                                                                         Total Suara                   2.    Memberikan pembebasan sepenuhnya (acquit et de charge) kepada Dewan
                                  Tidak Setuju             Abstain                Setuju                   Setuju                            Komisaris Perseroan atas tugas pengawasannya dan Direksi Perseroan atas tugas
                                   Disagreed              Abstained               Agreed                 Total Shares                        pengurusannya, dalam tahun 2024, sepanjang tindakan tersebut tercermin dalam
                                                                                                           Agreed
                                                                                                                                             Laporan Keuangan Perseroan Tahun Buku 2024.

                                                                                                                                       1.    To ratify the Company’s consolidated financial statements for the 2024 Financial Year,
                            Tidak ada
                                                                                                                                             which have been audited by the Public Accounting Firm Liana Ramon Xenia &
                            pemegang saham
                                                                                                                                             Rekan with a fair opinion in all material respects as described in Report
                            dan/atau kuasa
                                                                                                                                             No. 00030/2.1460/AU.1/02/1428-3/1/II/2025 dated 28 February 2025.
                            pemegang saham
                                                         12.467.400           7.475.175.070            7.487.642.470                   2.    To grant full release (acquit et de charge) to the Company’s Board of Commissioners
                            yang tidak setuju
                                                           (0,17%)              (99,83%)                  (100%)                             for their supervisory duties and the Company’s Board of Directors for their management
                            There were no                                                                                                    duties, in 2024, as long as these actions are reflected in the Company’s Financial
                            shareholders and/or                                                                                              Statements for the Fiscal Year 2024.
                            shareholder proxies
                            who disagreed

                                                                                                                        Mata Acara 3   1.   Menyetujui penetapan penggunaan laba untuk dividen tunai sebesar US$10.000.000
   Mata Acara 5                                                                                                         Agenda 3            atau sebesar US$0,00099147 per saham dengan nilai tukar berdasarkan kurs tengah
                            Total Saham yang Hadir
   Agenda 5
                            Total Shares Present                                                                                            yang ditetapkan oleh Bank Indonesia pada tanggal 2 Mei 2025 atau Recording Date,
                                                                                                                                            untuk 10.086.050.000 saham yang beredar, yang berasal dari:
                            7.487.642.470 saham/shares (74,24%)
                                                                                                                                            a. US$9.699.000 dari laba yang dapat diatribusikan kepada pemilik entitas induk
                                                                                                                                                tahun buku 2024
                                                                                                                                            b. US$301.000 dari laba ditahan
                                                                                                         Total Suara
                                  Tidak Setuju             Abstain                Setuju                   Setuju
                                                                                                                                       2. Jadwal pembagian dividen adalah sebagai berikut:
                                   Disagreed              Abstained               Agreed                 Total Shares
                                                                                                           Agreed                            • Akhir Periode Perdagangan yang masih mengandung hak Dividen atau Cum
                                                                                                                                               Dividen, adalah:
                                                                                                                                                    • Pasar Reguler & Negosiasi tanggal 29 April 2025
                                  15.340.400             12.467.200           7.459.834.870            7.472.302.070                                • Pasar Tunai tanggal 2 Mei 2025
                                    (0,20%)                (0,17%)               (99,63%)                 (94,80%)
                                                                                                                                              • Awal Periode Perdagangan tanpa hak Dividen atau Ex Dividen, adalah:
                                                                                                                                                   • Pasar Reguler & Negosiasi tanggal 30 April 2025
   Mata Acara 6                                                                                                                                    • Pasar tunai tanggal 5 Mei 2025
                            Total Saham yang Hadir
   Agenda 6
                            Total Shares Present                                                                                              • Penentuan Daftar Pemegang Saham yang berhak atas dividen tunai atau Recording
                                                                                                                                                Date tanggal 2 Mei 2025
                            7.487.642.470 saham/shares (74,24%)
                                                                                                                                              • Tanggal Pembayaran atau Pendistribusian Dividen tanggal 22 Mei 2025

                                                                                                                                       3. Memberikan kuasa kepada Direksi untuk menentukan tata cara pembagian dividen
                                                                                                         Total Suara
                                  Tidak Setuju             Abstain                Setuju                   Setuju                         serta segala tindakan yang diperlukan untuk tujuan dengan memperhatikan peraturan
                                   Disagreed              Abstained               Agreed                 Total Shares                     perundang-undangan yang berlaku khususnya di bidang pasar modal dan perpajakan
                                                                                                           Agreed


                                  2.000                  12.467.200           7.475.173.270            7.487.640.470
                              (0,0000267%)                 (0,17%)              (99,83%)                  (99,99%)


   Keputusan | Decisions


   Mata Acara 1             Menyetujui Laporan Tahunan dan laporan pertanggungjawaban Direksi dan laporan tugas
   Agenda 1                 pengawasan Dewan Komisaris mengenai jalannya Perseroan dan tata usaha Perseroan untuk
                            tahun buku yang berakhir 31 Desember 2024 (untuk selanjutnya disebut “Tahun Buku 2024”).
                            To approve the Annual Report and accountability report of the Board of Directors and the
                            supervisory report of the Board of Commissioners regarding the running of the Company
                            and the administration of the Company for the financial year ending 31 December 2024
                            (hereinafter referred to as “Fiscal Year 2024”).




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    Tata Kelola Perusahaan                                                                                                                                                                              Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                                Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                                    Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                                             General Meeting of Shareholders




                            1.    To approve the determination of the use of profits for cash dividends of                     Mata Acara 5
                                  US$10,000,000 or US$0.00099147 per share at an exchange rate based on the middle             Agenda 5       1.   Menyetujui untuk mengangkat kembali nama-nama di bawah ini yang masa jabatannya
                                  rate set by Bank Indonesia on 2 May 2025 or the Recording Date, for 10,086,050,000                               berakhir pada saat penutupan Rapat yaitu:
                                  shares in circulation, originating from:                                                                           • Osman Sitorus sebagai Presiden Komisaris merangkap Komisaris Independen
                                  a. US$9,699,000 of profit attributable to owners of the parent entity for the                                      • Djauhar Maulidi sebagai Komisaris
                                      2024 financial year                                                                                            • Jenderal Pol (Purn.) Drs. Sutanto sebagai Komisaris
                                  b. US$301,000 of retained earnings                                                                                 • Dr. Setia Untung Arimuladi S.H., M.Hum., sebagai Komisaris Independen
                                                                                                                                                     • Ruddy Santoso sebagai Direktur
                            2.    The dividend distribution schedule is as follows:
                                      • End of the trading period which still contains Dividend or Cum Dividend rights, are:                       Berlaku efektif sejak tanggal ditutupnya Rapat ini dengan mengikuti masa jabatan
                                            • Regular & Negotiation Markets on 29 April 2025                                                       Direksi dan Dewan Komisaris yang diangkat berdasarkan Rapat Umum Pemegang
                                            • Cash Market on 2 May 2025                                                                            Saham Luar Biasa pada tanggal 4 Desember 2023 yaitu sampai dengan ditutupnya
                                      • The beginning of the trading period without Dividend or Ex Dividend rights, is:                            Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tahun
                                            • Regular & Negotiation Markets on 30 April 2025                                                       2026, dengan tidak mengurangi hak Rapat Umum Pemegang Saham untuk dapat
                                            • Cash Market on 5 May 2025                                                                            memberhentikan anggota Dewan Komisaris dan Direksi Perseroan sewaktu-waktu
                                      • Determination of the list of shareholders who are entitled to cash dividends or
                                         Recording Date is 2 May 2025
                                      • Date of Payment or Distribution of Dividend on 22 May 2025

                            3. To grant authority to the Board of Directors to determine the procedures for dividend                          2.   Dengan demikian susunan Dewan Komisaris dan Direksi Perseroan tetap sebagai
                               distribution and all actions required for this purpose, taking into account applicable laws                         berikut:
                               and regulations, particularly in the fields of capital markets and taxation                                         Dewan Komisaris
                                                                                                                                                     • Presiden Komisaris: Osman Sitorus (merangkap sebagai Komisaris Independen)
                                                                                                                                                     • Komisaris : Prof. Ginandjar Kartasasmita
                                                                                                                                                     • Komisaris: Djauhar Maulidi S.E., M.B.A.
   Mata Acara 4             1.     Menyetujui penunjukan Akuntan Publik Kasman dan Kantor Akuntan Publik Liana
                                                                                                                                                     • Komisaris : Erwin Ciputra
   Agenda 4                        Ramon Xenia & Rekan untuk memberikan jasa audit atas laporan keuangan
                                                                                                                                                     • Komisaris : Jenderal Pol (Purn.) Drs. Sutanto
                                   konsolidasian
                                                                                                                                                     • Komisaris: Dr. Setia Untung Arimuladi S.H., M.Hum (Independen)
                                   PT Petrosea Tbk dan entitas anak untuk tahun yang berakhir tanggal 31 Desember 2025
                                                                                                                                                   Direksi
                            2.     Merekomendasikan pemberian pelimpahan wewenang kepada Dewan Komisaris
                                                                                                                                                      • Presiden Direktur: Michael
                                   Perseroan untuk menetapkan besaran imbalan jasa audit, penambahan ruang lingkup
                                                                                                                                                      • Direktur: Kartika Hendrawan
                                   pekerjaan yang diperlukan dan persyaratan lainnya yang wajar bagi Kantor Akuntan
                                                                                                                                                      • Direktur: Ruddy Santoso
                                   Publik tersebut
                                                                                                                                                      • Direktur: Meinar Kusumastuti
                            3.     Memberikan wewenang dan kuasa kepada Dewan Komisaris Perseroan untuk                                               • Direktur: Iman Darus Hikhman
                                   menetapkan Kantor Akuntan Publik dan/atau Akuntan Publik pengganti apabila karena
                                                                                                                                                   Masing-masing untuk masa jabatan sampai dengan ditutupnya Rapat Umum
                                   sebab apapun juga Kantor Akuntan Publik dan/atau Akuntan Publik yang telah ditunjuk
                                                                                                                                                   Pemegang Saham Tahunan Perseroan pada tahun 2026, dengan tidak mengurangi hak
                                   tersebut tidak dapat menyelesaikan audit atas laporan keuangan konsolidasian PT
                                                                                                                                                   Rapat Umum Pemegang Saham untuk memberhentikan anggota Dewan Komisaris
                                   Petrosea Tbk dan entitas anak per 31 Desember 2025
                                                                                                                                                   sewaktu-waktu

                            1.     To approve the appointment of Public Accountant Kasman and Public Accountant Firm
                                   Liana Ramon Xenia & Rekan to provide audit services for the consolidated financial
                                   statements of PT Petrosea Tbk and subsidiaries for the year ended 31 December 2025                         1.   Approved to reappoint the following names whose terms of office ended at the closing
                            2.     Recommend the delegation of authority to the Company’s Board of Commissioners                                   of the Meeting, namely:
                                   to determine the amount of audit service fees, additional scope of work required and                               • Osman Sitorus as President Commissioner concurrently serving as Independent
                                   other reasonable requirements for the Public Accounting Firm                                                          Commissioner
                            3.     To grant authority and power to the Company’s Board of Commissioners to appoint                                    • Djauhar Maulidi as Commissioner
                                   a replacement Public Accounting Firm and/or Public Accountant if for any reason                                    • Jenderal Pol (Purn.) Drs. Sutanto as Commissioner
                                   whatsoever the appointed Public Accounting Firm and/or Public Accountant cannot                                    • Dr. Setia Untung Arimuladi S.H., M.Hum., as Independent Commissioner
                                   complete the audit of the consolidated financial statements of PT Petrosea Tbk and its                             • Ruddy Santoso as Director
                                   subsidiaries as of 31 December 2025                                                                             Effective as of the closing date of this Meeting by following the term of office of the
                                                                                                                                                   Board of Directors and Board of Commissioners appointed based on the Extraordinary
                                                                                                                                                   General Meeting of Shareholders on 4 December 2023, namely until the closing of the
                                                                                                                                                   Company’s Annual General Meeting of Shareholders held in 2026, without reducing the
                                                                                                                                                   rights of the General Meeting of Shareholders to be able to dismiss members of the
                                                                                                                                                   Board of Commissioners and Board of Directors of the Company at any time




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    Tata Kelola Perusahaan                                                                                                                                                                                            Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                                              Corporate Governance



Rapat Umum Pemegang Saham                                                                                                                                                                                                  Rapat Umum Pemegang Saham
General Meeting of Shareholders                                                                                                                                                                                          General Meeting of Shareholders




                                                                                                                                 Realisasi | Realization
                            2.    Thus, the composition of the Company’s Board of Commissioners and Board of
                                  Directors remains as follows:
                                  Board of Commissioners
                                                                                                                                 Mata Acara 1              Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
                                    • President Commissioner: Osman Sitorus (concurrently Independent
                                                                                                                                 Agenda 1                  The decisions on this agenda have been realized and reported to OJK and BEI.
                                      Commissioner)
                                    • Commissioner: Prof. Ginandjar Kartasasmita
                                    • Commissioner: Djauhar Maulidi S.E., M.B.A.
                                    • Commissioner: Erwin Ciputra                                                                Mata Acara 2              Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
                                    • Commissioner: Jenderal Pol (Purn.) Drs. Sutanto                                            Agenda 2                  The decisions on this agenda have been realized and reported to OJK and BEI.
                                    • Commissioner: Dr. Setia Untung Arimuladi S.H., M.Hum (Independen)

                                  Board of Directors
                                    • President Director : Michael
                                                                                                                                 Mata Acara 3              Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
                                    • Director : Kartika Hendrawan
                                                                                                                                 Agenda 3                  The decisions on this agenda have been realized and reported to OJK and BEI.
                                    • Director : Ruddy Santoso
                                    • Director : Meinar Kusumastuti
                                    • Director : Iman Darus Hikhman

                                  Each for a term of office until the closing of the Company’s Annual General Meeting            Mata Acara 4              Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
                                  of Shareholders in 2026, without reducing the rights of the General Meeting of                 Agenda 4                  The decisions on this agenda have been realized and reported to OJK and BEI.
                                  Shareholders to dismiss members of the Board of Commissioners at any time


                                                                                                                                 Mata Acara 5              Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
   Mata Acara 6
                            1.    Memberikan kuasa kepada Dewan Komisaris untuk menentukan besaran remunerasi                    Agenda 5                  The decisions on this agenda have been realized and reported to OJK and BEI.
   Agenda 6
                                  bagi anggota Direksi Perseroan untuk tahun buku 2025 dengan memperhatikan
                                  rekomendasi dari Komite Nominasi & Remunerasi
                            2.    Menyetujui penetapan besaran remunerasi Dewan Komisaris Perseroan adalah sama
                                  dengan tahun 2024, atau dilakukan penyesuaian apabila hal tersebut diperlukan sesuai           Mata Acara 6              Keputusan mata acara ini telah terealisasi.
                                  dengan rekomendasi dari Komite Nominasi & Remunerasi untuk selanjutnya ditetapkan              Agenda 6                  The decisions on this agenda have been realized.
                                  oleh Dewan Komisaris

                            1.    To grant authority to the Board of Commissioners to determine the amount of
                                  remuneration for members of the Company’s Board of Directors for the 2025 financial            Mata Acara 7              Keputusan mata acara ini telah terealisasi dan dilaporkan kepada OJK dan BEI.
                                  year by taking into account the recommendations of the Nomination & Remuneration               Agenda 7                  The decisions on this agenda have been realized and reported to OJK and BEI.
                                  Committee
                            2.    To approve the determination of the amount of remuneration for the Company’s Board
                                  of Commissioners to be the same as in 2024, or adjustments will be made if necessary in
                                  accordance with the recommendations of the Nomination & Remuneration Committee
                                  to be further determined by the Board of Commissioners
                                                                                                                              KEPUTUSAN & REALISASI RUPS                                        DECISIONS & REALIZATIONS OF
   Mata Acara 7
                                                                                                                              TAHUN 2024                                                        2024 GMS
                            Oleh karena Mata acara RUPST ini merupakan pemenuhan dari ketentuan yang diatur dalam
   Agenda 7
                            Pasal 6 dan Pasal 7 POJK No. 30/POJK.04/2015 tentang Laporan Realisasi Penggunaan Dana            Seluruh keputusan RUPS yang                                       All decisions of GMSs conducted in 2024,
                            Hasil Penawaran Umum dan hanya bersifat laporan, maka mata acara ini tidak memerlukan
                            persetujuan pemegang saham
                                                                                                                              dilaksanakan pada tahun 2024, baik RUPS                           both the Annual GMS and Extraordinary
                            Due to this agenda item for the AGMS is a fulfillment of the provisions stipulated in Article 6   Tahunan maupun RUPS Luar Biasa, telah                             GMS, have been realized in 2024.
                            and Article 7 of POJK No. 30/POJK.04/2015 concerning the Report on the Realization of the         dilaksanakan pada tahun 2024.
                            Use of Proceeds from Public offerings and is only a report, this agenda item does not require
                            shareholder approval
                                                                                                                              Untuk informasi terkait RUPS tahun 2024                           GMS information can be viewed in the
                                                                                                                              dapat dilihat di pada bagian Tata Kelola                          Corporate Governance section on page
                                                                                                                              Perusahaan pada halaman 176 Laporan                               176 of 2024 Annual Report which can be
                                                                                                                              Tahunan 2024 yang dapat diakses di                                accessed at www.petrosea.com .
                                                                                                                              www.petrosea.com .




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   Tata Kelola Perusahaan                                                                                                                              Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                Corporate Governance




Dewan Komisaris
                                                                                                                                                                      Dewan Komisaris
                                                                                                                                                                Board of Commissioners


Board of Commissioners

                                                                                          Masing-masing anggota memiliki tugas          Commissioners and one serves as
                                                                                          dan tanggung jawab secara terpisah,           Independent Commissioners. Each
                                                                                          terutama dalam memimpin rapat komite          member has a separate role and different
                                                                                          dan memberikan rekomendasi kepada             responsibilities, particularly in chairing
                                                                                          Dewan Komisaris, di samping menjalankan       meetings of their committee and providing
                                                                                          peran sebagai anggota Dewan Komisaris.        recommendations to the Board of
                                                                                                                                        Commissioners, besides carrying out
                                                                                                                                        their role as members of the Board of
                                                                                                                                        Commissioners.

                                                                                          Berdasarkan RUPST yang dilaksanakan           Based on the AGMS which was conducted
                                                                                          pada tanggal 21 April 2025, komposisi         on 21 April 2025, the composition on the
                                                                                          Dewan Komisaris Perusahaan adalah:            Company’s Board of Commissioners is as
                                                                                                                                        follows:

                                                                                          1.   Osman Sitorus (Presiden Komisaris        1.   Osman Sitorus (President
                                                                                               merangkap Komisaris Independen)               Commissioner concurrently
                                                                                                                                             Independent Commissioner)
                                                                                          2. Erwin Ciputra (Komisaris)                  2.   Erwin Ciputra (Commissioner)
                                                                                          3. Djauhar Maulidi S.E., M.B.A. (Komisaris)   3.   Djauhar Maulidi S.E., M.B.A.
                                                                                                                                             (Commissioner)
                                                                                          4. Prof. Ginandjar Kartasasmita               4.   Prof. Ginandjar Kartasasmita
                                                                                             (Komisaris)                                     (Commissioner)
                                                                                          5. Jend. Pol (Purn.) Drs. Sutanto             5.   Jend. Pol (Purn.) Drs. Sutanto
                                                                                             (Komisaris)                                     (Commissioner)
Dewan Komisaris merupakan organ              The Board of Commissioners is a company
                                                                                          6. Dr. Setia Untung Arimuladi, S.H.,          6.   Dr. Setia Untung Arimuladi, S.H.,
perusahaan yang bertanggung jawab atas       organ responsible for supervisory duties,
                                                                                             M.Hum. (Komisaris Independen)                   M.Hum. (Independent Commissioner)
tugas pengawasan, termasuk memberikan        including providing advice to the Board
nasihat kepada Direksi dalam menjalani       of Directors in managing the Company.
tugas pengelolaan Perusahaan. Dewan          The Board of Commissioners also assists
                                                                                          KEPEMILIKAN SAHAM OLEH ANGGOTA                SHARE OWNERSHIP OF MEMBERS OF
Komisaris juga mendampingi Direksi guna      the Board of Directors to ensure that
                                                                                          DEWAN KOMISARIS & DIREKSI                     THE BOARD OF COMMISSIONERS &
memastikan pengelolaan Perusahaan            the Company’s management complies
                                                                                                                                        BOARD OF DIRECTORS
mematuhi prinsip-prinsip dan praktik         with GCG pillars and best practices.
terbaik GCG. Selain itu, Dewan Komisaris     Furthermore, the Board of Commissioners      Terkait kepemilikan saham oleh anggota        Related to share ownership of members
juga bertanggung jawab mendampingi           is also responsible to assist the Board of   Dewan Komisaris maupun Direksi,               of the Board of Commissioners or Board
Direksi dalam menentukan strategi            Directors in determining the Company’s       Perusahaan mengikuti ketentuan POJK No.       of Directors, the Company follows the
Perusahaan, serta memberikan saran,          strategy, as well as providing advice        4 Tahun 2024 tentang Laporan Kepemilikan      provisions of POJK No. 4 of 2024 regarding
nasihat dan rekomendasi kepada Direksi       and recommendations to the Board of          atau Setiap Perubahan Kepemilikan Saham       Reports of Ownership or Any Changes in
terkait isu maupun permasalahan yang ada     Directors regarding issues or problems       Perusahaan Terbuka dan Laporan Aktivitas      Share Ownership of A Public Company
di dalam industri.                           within the industry.                         Menjaminkan Saham Perusahaan Terbuka          and Reports on Activities to Pledge Shares
                                                                                          jo. SEOJK No. 10/SEOJK.04/2025 tentang        of A Public Company jo. SEOJK No. 10/
Dewan Komisaris Perusahaan terdiri atas      The Board of Commissioners consist           Penyampaian Laporan Kepemilikan atau          SEOJK.04/2025 regarding Submission
enam orang, yaitu satu Presiden Komisaris    of six members, in which one serves as
merangkap Komisaris Independen, empat        President Commissioner concurrently
Komisaris dan satu Komisaris Independen.     Independent Commissioner, four


364   Laporan Tahunan / Annual Report 2025                                                                                                                  PT Petrosea Tbk      365
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     Tata Kelola Perusahaan                                                                                                                              Tata Kelola Perusahaan
     Corporate Governance                                                                                                                                Corporate Governance




Setiap Perubahan Kepemilikan Saham            of Ownership Reports or Any Changes in         3. Memiliki pengetahuan yang memadai         3. Has sufficient knowledge of the fields
Perusahaan Terbuka dan Laporan Aktivitas      Ownership of Public Company Shares and            di bidang usaha sesuai dengan                of business that match those of the
Menjaminkan Saham Perusahaan Terbuka          Reports on Activities of Pledge of Public         kegiatan usaha Perusahaan                    Company’s business activities
Secara Elektronik.                            Company Shares Electronically.                 4. Memiliki pemahaman terhadap               4. Has a proper understanding of
                                                                                                manajemen dan tata kelola Perusahaan         corporate management and
Dapat dilaporkan bahwa satu anggota           It can be reported that one member of
                                                                                                                                             governance
Dewan Komisaris dan tiga anggota              the Board of Commissioners and three
                                                                                             5. Berdedikasi serta dapat menyediakan       5. Is dedicated and able to provide
Direksi memiliki saham Perusahaan secara      members of the Board of Directors of the
                                                                                                waktu yang cukup untuk melaksanakan          enough time to accomplish his/her
langsung maupun tidak langsung.               Company’s do not own shares directly or
                                                                                                tugasnya                                     duties
                                              indirectly.

Kepemilikan saham tersebut dapat dilihat      The share ownership can be viewed in           PERSYARATAN LAIN                             OTHER CRITERIA
pada informasi saham Dewan Komisaris          the Board of Commissioners and Board
                                                                                             Anggota Dewan Komisaris dilarang             Members of the Board of Commissioners
dan Direksi di bab profil pada halaman        of Directors share information section
                                                                                             memangku jabatan rangkap baik sebagai        are not allowed to hold concurrent
184-209 dan bab GCG pada bagian               on page 184-209 and Policy of Share
                                                                                             anggota Direksi, Dewan Komisaris maupun      positions as members of the Board of
Kebijakan Pengungkapan Kepemilikan            Ownership Disclosure of Members of the
                                                                                             komite-komite pada perusahaan terbuka        Directors, Board of Commissioners, or
Saham Oleh Anggota Dewan Komisaris            Board of Commissioners and/or Board of
                                                                                             lainnya kecuali sebagaimana yang telah       committees of other listed companies
dan/atau Anggota Direksi pada halaman         Directors section in the GCG chapter on
                                                                                             ditentukan dalam ketentuan peraturan         except in cases that have been provided
238 di Laporan Tahunan ini.                   page 238 of this Annual Report.
                                                                                             perundang-undangan yang berlaku,             by prevailing rules and regulations,
                                                                                             khususnya ketentuan di bidang pasar          particularly rules and regulations of the
KRITERIA SELEKSI CALON ANGGOTA                BOARD OF COMMISSIONERS MEMBER
                                                                                             modal.                                       capital market.
DEWAN KOMISARIS                               SELECTION CRITERIA
Board Manual Perusahaan menentukan            The Company’s Board Manual provides            SUSUNAN, JUMLAH & KOMPOSISI                  STRUCTURE, NUMBER & COMPOSITION
persyaratan formal, persyaratan materiil      formal criteria, material criteria and other   DEWAN KOMISARIS TAHUN 2025                   OF THE BOARD OF COMMISSIONERS IN
dan persyaratan lain bagi seorang calon       criteria for selecting a potential member of                                                2025
anggota Dewan Komisaris.                      the Board of Commissioners.
                                                                                             Pada tahun 2025, susunan, jumlah dan         In 2025, the structure, number and
                                                                                             komposisi Dewan Komisaris Perusahaan         composition of the Company’s Board of
PERSYARATAN FORMAL                            FORMAL CRITERIA
                                                                                             telah sesuai dengan Anggaran Dasar dan       Commissioners were in compliance with
                                              Including among others, namely commits
Mencakup antara lain, yaitu memiliki                                                         Board Manual yang berlaku, yaitu jumlah      prevailing Articles of Association and
                                              to uphold prevailing rules and regulations
komitmen terhadap penegakan terhadap                                                         anggota Dewan Komisaris telah melebihi       Board Manual. The number of members of
                                              as well as the knowledge and/or skills
peraturan perundang-undangan serta                                                           yang dipersyaratkan, yaitu sedikitnya tiga   the Board of Commissioners exceeded
                                              required by the Company.
pengetahuan dan/atau keahlian yang                                                           orang anggota Dewan Komisaris, termasuk      the minimum requirement of at least
diperlukan Perusahaan.                                                                       Komisaris Independen yang jumlahnya          three members, including Independent
                                                                                             disesuaikan dengan persyaratan dalam         Commissioners whose number was
PERSYARATAN MATERIIL                          MATERIAL CRITERIA
                                                                                             peraturan perundangan-undangan yang          determined in accordance with applicable
1. Memiliki rekam jejak yang menunjukkan      1. Has a proven track record of                berlaku di bidang pasar modal dan diantara   capital market regulations. Among the
   keberhasilan dalam pengurusan                 successful management of                    anggota Dewan Komisaris dapat diangkat       members of the Board of Commissioners,
   perusahaan sebelumnya                         corporations                                seorang Presiden Komisaris dan/atau          the following may be appointed a
2. Memiliki tata nilai yang sesuai dengan     2. Has a set of values that are compatible     seorang Wakil Presiden Komisaris.            President Commissioner and/or a Vice
   tata nilai Perusahaan                         to those of the Company                                                                  President Commissioner.




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    Tata Kelola Perusahaan                                                                                                                             Tata Kelola Perusahaan
    Corporate Governance                                                                                                                               Corporate Governance



Dewan Komisaris                                                                                                                                                       Dewan Komisaris
Board of Commissioners                                                                                                                                          Board of Commissioners




TUGAS, TANGGUNG JAWAB &                       DUTIES, RESPONSIBILITIES &                      dilakukan Dewan Komisaris dalam              of Commissioners within one fiscal
WEWENANG DEWAN KOMISARIS                      AUTHORITIES OF THE BOARD OF                     satu tahun buku (baik rapat Dewan            year (both Board of Commissioners
                                              COMMISSIONERS                                   Komisaris maupun rapat gabungan              Meetings and Joint Meetings of
                                                                                              Dewan Komisaris dengan Direksi),             the Board of Commissioners and
Dewan Komisaris bertanggung jawab             The Board of Commissioners is responsible
                                                                                              serta honorarium, fasilitas dan/             the Board of Directors) and also
mengawasi pengelolaan Perusahaan,             for overseeing the management of the
                                                                                              atau tunjangan lain yang diterima            honorariums, facilities and/or other
baik secara umum maupun secara khusus,        Company, both in general and in particular
                                                                                              oleh anggota Dewan Komisaris dari            benefits received by the members of
serta bertugas memberikan saran, nasehat      matters and has the duty to provide
                                                                                              Perusahaan                                   the Board of Commissioners of the
dan rekomendasi terkait kepengurusan          advice and recommendations regarding
                                                                                                                                           Company
Perusahaan kepada Direksi, sesuai             the administration of the Company to the
peraturan perundang-undangan, Anggaran        Board of Directors, in accordance with       3. Mengkaji, menelaah, memberikan saran      3. Reviewing, investigating and providing
Dasar Perusahaan, serta Board Manual          rules and regulations, the Company’s            dan persetujuan atas usulan Rencana          advice and approval on proposed
Perusahaan. Dewan Komisaris juga memiliki     Articles of Association and Board Manual.       Jangka Panjang (RJP) Perusahaan yang         Strategic Business Plan (SBP) of the
tugas untuk memantau implementasi GCG         The Board of Commissioners also has             disampaikan oleh Direksi paling lambat       Company that have been submitted
di lingkungan Perusahaan, dalam rangka        the duty to monitor the implementation          30 (tiga puluh) hari sebelum periode 5       by the Board of Directors at least 30
menjaga keberlanjutan Perusahaan, bisnis      of GCG at the Company, to uphold                (lima) tahun periode berikutnya dimulai      (thirty) days before the next 5 (five)
Perusahaan serta lingkungan Perusahaan.       the sustainability of the Company,                                                           year period commences
                                              the business of the Company and the
                                                                                           4. Mengkaji, menelaah, memberikan saran      4. Studying, investigating and providing
                                              environment of the Company.
                                                                                              dan persetujuan atas usulan Rencana          advice and approval on proposed
                                                                                              Kerja dan Anggaran Tahunan (RKA)             Annual Budget and Plan (ABP) of the
Tugas, tanggung jawab & wewenang:             Duties, responsibilities & authorities:
                                                                                              Perusahaan yang disampaikan oleh             Company that are submitted by the
1. Melakukan pengawasan untuk                 1. Conducting supervision in the                Direksi paling lambat 30 (tiga puluh)        Board of Directors at least 30 (thirty)
   kepentingan Perusahaan terhadap               interest of the Company in terms             hari sebelum tahun buku berikutnya           days before the next fiscal year
   tindakan pengurusan yang dilakukan            of management by the Board of                dimulai                                      commences
   Direksi, baik mengenai Perusahaan             Directors, both about the Company
                                                                                           5. Mengawasi pelaksanaan RJP                 5. Supervising the implementation of
   maupun terhadap kegiatan usaha                and the Company’s business activities,
                                                                                              Perusahaan dan RKA Perusahaan serta          the Company’s SBPs and ABPs and
   Perusahaan, termasuk tugas-tugas              including special tasks that are given
                                                                                              menyampaikan hasil penilaian dan             providing related evaluation results
   yang secara khusus diberikan                  in accordance with a GMS decision,
                                                                                              pendapatnya kepada RUPS                      and opinions to the GMS
   kepadanya sesuai dengan keputusan             a Board of Commissioners’ decision
   RUPS, keputusan Dewan Komisaris               and/or applicable rules and regulations   6. Mengikuti perkembangan kegiatan           6. Keeping abreast on the Company’s
   dan/atau peraturan perundang-                                                              Perusahaan dan memberikan                    activities and providing opinions and
   undangan yang berlaku                                                                      pendapat dan saran kepada Direksi,           advice to the Board of Directors, in
                                                                                              sesuai dengan tugas pengawasannya,           accordance with its supervisory duty,
2. Meneliti, menelaah dan menyetujui          2. Studying, investigating and approving
                                                                                              atas setiap persoalan yang dianggap          on any issue that is deemed important
   Laporan Tahunan yang disiapkan                Annual Reports that have been
                                                                                              penting dalam pengurusan                     in the management of the Company,
   oleh Direksi dan memastikan bahwa             prepared by the Board of Directors and
                                                                                              Perusahaan, termasuk hal-hal penting         including material issues that are
   dalam Laporan Tahunan Perusahaan              ensuring that the Company’s Annual
                                                                                              yang diperkiraan akan berdampak              projected to have a major impact on
   telah memuat informasi mengenai               Reports contain information about the
                                                                                              besar pada usaha dan kinerja                 the business and the performance of
   identitas, pekerjaan, tanggung jawab          identity, work, main responsibilities
                                                                                              Perusahaan, secara tepat waktu dan           the Company, in time and relevant
   utama serta jabatan anggota Dewan             as well as position(s) of a member
                                                                                              relevan
   Komisaris yang bersangkutan di                of the Board of Commissioners in
   perusahaan-perusahaan lain (bila              other companies (if any), including       7. Memantau efektivitas praktik-praktik      7. Monitoring the effectiveness of good
   ada), termasuk rapat-rapat yang telah         meetings conducted by the Board              tata kelola Perusahaan yang baik             corporate governance practices that
                                                                                              yang diterapkan di Perusahaan serta          are implemented in the Company




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    Tata Kelola Perusahaan                                                                                                                           Tata Kelola Perusahaan
    Corporate Governance                                                                                                                             Corporate Governance



Dewan Komisaris                                                                                                                                                      Dewan Komisaris
Board of Commissioners                                                                                                                                         Board of Commissioners




      memberikan nasihat kepada Direksi           and providing advice to the Board of
      dalam menjalankan praktik-praktik tata      Directors in the implementation of
      kelola Perusahaan yang baik secara          good corporate governance practices
      konsisten dan sesuai dengan Tata            consistently and in accordance with
      Nilai Perusahaan. Hasil pelaksanaan         the Company’s Values. Results of
      penilaian dan evaluasi tersebut             related assessments and evaluation
      dilaporkan kepada RUPS                      are reported to the GMS
8. Menyampaikan kepada Direksi saran,          8. Providing the Board of Directors with
   harapan, permasalahan dan keluhan              suggestions, aspirations, problems
   yang disampaikan oleh Pemangku                 and complaints that were put forward
   Kepentingan kepada Dewan Komisaris,            by Stakeholders to the Board of
   untuk ditindaklanjuti                          Commissioners to be followed up
9. Membentuk Komite Audit serta komite         9. Form the Audit Committee and other
   lainnya sesuai ketentuan peraturan             committees in accordance with rules
   perundang-undangan yang berlaku di             and regulations of the capital market
   bidang pasar modal

10. Melaksanakan fungsi nominasi dan           10. Conducting the nomination and
    remunerasi berdasarkan ketentuan               remuneration function in accordance
    peraturan perundang-undangan                   with applicable rules and regulations,
    yang berlaku, termasuk menentukan              including defining the nomination
    sistem nominasi, evaluasi kinerja              system, transparent performance
    dan remunerasi yang transparan                 evaluation and remuneration
    bagi anggota Dewan Komisaris dan               for members of the Board of
    Direksi. Evaluasi kinerja dilakukan            commisioners and Board of Directors.
    secara periodik, sesuai dengan                 The performance evaluation is            12. Mengadakan rapat Dewan Komisaris      12. Conducting Board of Commissioners
    Indikator Pencapaian Kinerja (Key              conducted periodically, based on             sekurang-kurangnya satu kali setiap       meetings at least one time every two
    Performance Indicator/KPI) yang                Key Performance Indicators (KPI)             dua bulan sesuai dengan peraturan         months in accordance with applicable
    disetujui oleh Dewan Komisaris. Untuk          that were accepted by the Board of           perundang-undangan yang berlaku           rules and regulations
    fungsi nominasi dan remunerasi,                Commissioners. For the nomination
                                                                                            13. Menjaga kerahasiaan data dan/atau     13. Guarding the security of data and/or
    Dewan Komisaris membentuk Komite               and remuneration function, the
                                                                                                informasi Perusahaan                      information of the Company
    Nominasi & Remunerasi sesuai dengan            Board of Commissioners forms
    ketentuan peraturan perundang-                 the Nomination & Remuneration            14. Memberikan laporan tentang tugas      14. Submitting reports on the supervisory
    undangan yang berlaku, yang diangkat           Committee in accordance with                 pengawasan yang telah dilakukan           duties that have been implemented
    dan diberhentikan oleh Dewan                   applicable rules and regulations, with       selama tahun buku yang telah lampau       in the previous fiscal year to the GMS,
    Komisaris Perusahaan dan dilaporkan            members appointed and dismissed              kepada RUPS, disertai dengan saran        attached with suggestions
    kepada RUPS                                    by the Board of Commissioners and
                                                                                            15. Meningkatkan kompetensi               15. Continuously improving competencies
                                                   reported to the GMS
                                                                                                dan pengetahuannya secara                 and knowledge to professionally
11. Meneliti dan menelaah laporan-laporan      11. Studying and investigating reports of        berkesinambungan untuk menjalankan        implement the duties of the Board of
    dari Komite-komite Dewan Komisaris             the Committees under the Board of            tugasnya sebagai Dewan Komisaris          Commissioners
    Perusahaan                                     Commissioners                                secara profesional




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      Tata Kelola Perusahaan                                                                                                                               Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                 Corporate Governance



Dewan Komisaris                                                                                                                                                           Dewan Komisaris
Board of Commissioners                                                                                                                                              Board of Commissioners




16. Menginformasikan kepada Sekretaris         16. Informing the Corporate Secretary        Setiap organ memiliki tingkat kewenangan       Each organ has a different level of
    Perusahaan mengenai kepemilikan                about the ownership of the Company       yang berbeda sesuai dengan threshold           authority in accordance with the
    sahamnya di Perusahaan, termasuk               shares, including changes, to            yang telah ditentukan di dalam Delegation      thresholds defined in the Delegation of
    setiap perubahannya untuk dilaporkan           be reported to the regulator in          of Authority. Hal ini mencakup, antara lain:   Authority. This includes, among others:
    kepada regulator sesuai dengan                 accordance with applicable rules
    peraturan perundangan yang berlaku             and regulations                          • Perencanaan & Kinerja                        • Planning & Performance
                                                                                              Persetujuan atas strategic business plan,      Strategic business plans, annual
17. Menginformasikan kepada Sekretaris         17. Informing the Corporate Secretary
                                                                                              annual business plan, performance dan          business plans, performance and risk
    Perusahaan setiap dan seluruh jabatan          about any and all positions held in
                                                                                              risk framework                                 frameworks
    pada perusahaan lain, termasuk                 other companies, including other
    perusahaan terbuka lainnya, termasuk           listed companies and also positions      • Pengembangan Bisnis                          • Business development
    jabatan dalam komite-komite yang               in committees under the Board              Pembuatan segmen bisnis baru,                  New business segments, new projects
    ada di bawah Dewan Komisaris                   of Commissioners of other listed           perolehan proyek baru (existing business       (existing business segments),
    perusahaan terbuka lainnya (bila ada)          companies (if any)                         segment), belanja modal, partnership/          capital expenditures, partnerships/
18. Melaksanakan kewajiban lainnya                                                            consortium/joint venture/cooperation           consortiums/joint ventures/cooperation
                                               18. Fulfilling other obligations in the
    dalam rangka tugas pengawasan                                                             dan kontrak jangka panjang                     and long-term contracts
                                                   course of supervising and providing
    dan pemberian nasihat, sepanjang               advice, as long as they do not           • Aksi Korporasi                               • Corporate Actions
    tidak bertentangan dengan peraturan            contradict applicable rules and            Equity investment dan divestasi                Equity investments and divestments
    perundang-undangan yang berlaku,               regulations, the Company’s Articles of
                                                                                            • Aktivitas Pendanaan                          • Financing activities
    Anggaran Dasar Perusahaan dan/atau             Association and/or decisions of
                                                                                              Pinjaman jangka panjang dan jangka             Long-term and short-term loans,
    keputusan RUPS Perusahaan                      the Company’s GMS
                                                                                              pendek, pemberian jaminan/corporate            corporate guarantees, bid bonds and
                                                                                              guarantee, bid bond dan penerbitan             debt issuance (bonds, sukuk and other
                                                                                              surat utang (obligasi, sukuk dan               capital market instruments)
PERAN DELEGATION OF AUTHORITY                  THE ROLE OF DELEGATION OF
                                                                                              instrumen pasar modal lainnya)
DALAM MENDUKUNG TUGAS DEWAN                    AUTHORITY IN SUPPORTING THE DUTIES
KOMISARIS                                      OF THE BOARD OF COMMISSIONERS
                                                                                            Selain itu, Dewan Komisaris melakukan          In addition, the Board of Commissioners
Dalam menjalankan tugas dan tanggung           In carrying out its duties and               pengambilan keputusan strategis lainnya,       conducts other strategic decision-making
jawabnya, Dewan Komisaris menggunakan          responsibilities, the Board of               sehubungan dengan:                             matters in relation to:
ketentuan yang diatur di dalam Delegation      Commissioners use the provisions set out
                                                                                            • Semua transaksi yang dapat                   • All transactions that may result in
of Authority Perusahaan, dimana setiap         in the Company’s Delegation of Authority,
                                                                                              mengakibatkan reputational risk                reputational risk
keputusan strategis dan material serta         in which every strategic and material
                                                                                            • Transaksi Afiliasi dan/atau Benturan         • Affiliated Transactions and/or
implementasi dari setiap kebijakan yang        decision, as well as the implementation
                                                                                              Kepentingan termasuk Transaksi Material        Conflicts of Interest, including Material
signifikan dan memberikan dampak               of any significant policy that impacts
                                                                                                                                             Transactions
kepada Perusahaan, memerlukan                  the Company, requires written approval
                                                                                            • Penjualan aset                               • Asset sales
persetujuan tertulis dari setiap organ         at each level of the corporate organs,
                                                                                            • Parent company guarantee                     • Parent company guarantees
perusahaan mulai dari tingkat Direksi,         including the Board of Directors, the
                                                                                            • Pengangkatan dan/atau pemberhentian          • Appointment and/or dismissal of
Komite Project & Investment serta Dewan        Project & Investment Committee and the
                                                                                              komite-komite, Audit Internal dan              committees, Internal Audit and
Komisaris.                                     Board of Commissioners.
                                                                                              Sekretaris Perusahaan                          Corporate Secretary
                                                                                            • Pembaharuan visi misi                        • Vision and mission updates
                                                                                            • Perubahan struktur modal                     • Change of capital structure




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      Tata Kelola Perusahaan                                                                                                                                                                                    Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                                      Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                                    Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                                  Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




               Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                           Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
                Division of Duties, Responsibilities & Authorities of Each Member of the Board of Commissioners                     Division of Duties, Responsibilities & Authorities of Each Member of the Board of Commissioners


       Dewan Komisaris                                                 Pembagian Tugas                                     Dewan Komisaris                                                 Pembagian Tugas
    Board of Commissioners                                             Division of Duties                               Board of Commissioners                                             Division of Duties


    Osman Sitorus                    •   Memimpin Rapat Dewan Komisaris, Rapat Gabungan Dewan Komisaris &               Prof. Ginandjar
                                                                                                                        Kartasasmita                     •   Mengikuti Rapat Dewan Komisaris dan Rapat Gabungan Dewan Komisaris &
                                         Direksi serta Rapat Komite Nominasi & Remunerasi
    Presiden Komisaris                                                                                                                                       Direksi
                                         Chair Board of Commissioners Meetings, Joint Meetings of Board of
    merangkap Komisaris                                                                                                 Komisaris                            Attend Board of Commissioners Meetings and Joint Meetings of the Board of
                                         Commissioners & Board of Directors as well as Nomination & Remuneration
    Independen                                                                                                          Commissioner                         Commissioners & Board of Directors
                                         Committee Meetings
    President Commissioner                                                                                                                               •   Memimpin Rapat Komite Keberlanjutan
    concurrently                     •   Menelaah dan mengawasi laporan-laporan dan usulan yang diterima dari anggota                                        Chair the Sustainability Committee Meetings
    Independent                          Dewan Komisaris lainnya maupun dari komite-komite di bawah Dewan Komisaris
                                                                                                                                                         •   Menelaah dan mengawasi laporan-laporan dan usulan yang diterima dari anggota
    Commissioner                         Review and supervise all reports and proposals received from other members
                                                                                                                                                             Dewan Komisaris lainnya maupun dari komite-komite di bawah Dewan Komisaris
                                         of the Board of Commissioners as well as the committees under the Board of
                                                                                                                                                             Review and supervise all reports and proposals received from other members
                                         Commissioners
                                                                                                                                                             of the Board of Commissioners as well as the committees under the Board of
                                                                                                                                                             Commissioners

    Erwin Ciputra                    •   Mengikuti Rapat Dewan Komisaris dan Rapat Gabungan Dewan Komisaris &
                                         Direksi serta Rapat Komite Nominasi & Remunerasi
    Komisaris                                                                                                           Jenderal Pol. (Purn.)
                                         Attend Board of Commissioners Meetings and Joint Meetings of the Board of                                       •   Mengikuti Rapat Dewan Komisaris dan Rapat Gabungan Dewan Komisaris &
                                                                                                                        Drs. Sutanto
    Commissioner                         Commissioners & Board of Directors as well as Nomination & Remuneration                                             Direksi
                                         Committee                                                                      Komisaris                            Attend Board of Commissioners Meetings and Joint Meetings of the Board of
                                     •   Memimpin Rapat Komite Project & Investment                                     Commissioner                         Commissioners & Board of Directors
                                         Chair the Project & Investment Committee Meetings                                                               •   Menelaah dan mengawasi laporan-laporan dan usulan yang diterima dari anggota
                                     •   Menelaah dan mengawasi laporan-laporan dan usulan yang diterima dari anggota                                        Dewan Komisaris lainnya maupun dari komite-komite di bawah Dewan Komisaris
                                         Dewan Komisaris lainnya maupun dari komite-komite di bawah Dewan Komisaris                                          Review and supervise all reports and proposals received from other members
                                         Review and supervise all reports and proposals received from other members                                          of the Board of Commissioners as well as the committees under the Board of
                                         of the Board of Commissioners as well as the committees under the Board of                                          Commissioners
                                         Commissioners

                                                                                                                        Dr. Setia Untung
                                                                                                                        Arimuladi, S.H., M.Hum.          •   Mengikuti Rapat Dewan Komisaris dan Rapat Gabungan Dewan Komisaris &
    Djauhar Maulidi, S.E.,           •   Mengikuti Rapat Dewan Komisaris dan Rapat Gabungan Dewan Komisaris &                                                Direksi
    M.B.A.                               Direksi serta Rapat Komite Nominasi & Remunerasi maupun Komite Project &       Komisaris Independen                 Attend Board of Commissioners Meetings and Joint Meetings of the Board of
                                         Investment                                                                     Independent                          Commissioners & Board of Directors
    Komisaris                            Attend Board of Commissioners Meetings and Joint Meetings of the Board of      Commissioner
                                                                                                                                                         •   Memimpin Rapat Komite Audit, Risk & Compliance
    Commissioner                         Commissioners & Board of Directors and also Nomination and Remuneration                                             Chair the Audit, Risk & Compliance Committee Meetings
                                         Committee as well as Project & Investment Committee Meetings
                                                                                                                                                         •   Menelaah dan mengawasi laporan-laporan dan usulan yang diterima dari anggota
                                     •   Menelaah dan mengawasi laporan-laporan dan usulan yang diterima dari anggota                                        Dewan Komisaris lainnya maupun dari komite-komite di bawah Dewan Komisaris
                                         Dewan Komisaris lainnya maupun dari komite-komite di bawah Dewan Komisaris                                          Review and supervise all reports and proposals received from other members
                                         Review and supervise all reports and proposals received from other members                                          of the Board of Commissioners as well as the committees under the Board of
                                         of the Board of Commissioners as well as the committees under the Board of                                          Commissioners
                                         Commissioners




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      Tata Kelola Perusahaan                                                                                                                                                               Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                 Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                    Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                   Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




REALISASI PELAKSANAAN TUGAS                                     REALIZATION OF DUTIES                       melalui RUPS, dengan tidak mengurangi                     three years, starting with the appointment
& FOKUS PENGAWASAN DEWAN                                        IMPLEMENTATION & SUPERVISORY                hak RUPS untuk memberhentikan sewaktu-                    by the GMS, without limiting the right of
KOMISARIS TAHUN 2025                                            FOCUS OF THE BOARD OF                       waktu sebelum masa jabatannya berakhir.                   the GMS to dismiss a member at any time
                                                                COMMISSIONERS IN 2025                                                                                 before the end of his/her term of office.

Sepanjang tahun 2025, realisasi                                 Throughout 2025, the realization of the
                                                                                                            Berdasarkan hasil RUPST 21 April 2025                     Based on the results of the AGMS on
pelaksanaan tugas dan fokus pengawasan                          implementation of duties and focus of the
                                                                                                            masa jabatan Osman Sitorus, Djauhar                       21 April 2025, the terms of office of Osman
Dewan Komisaris, meliputi:                                      Board of Commissioners included:
                                                                                                            Maulidi, S.E.,M.B.A., Erwin Ciputra , Prof.               Sitorus, Djauhar Maulidi, S.E., M.B.A., Erwin
                                                                                                            Ginandjar Kartasasmita, Jenderal Pol.                     Ciputra, Prof. Ginandjar Kartasasmita,
1.    Mengawasi, memberi masukan dan                            1.   Supervising, providing input on and
                                                                                                            (Purn.) Drs. Sutanto serta Dr. Setia Untung               Jenderal Pol General (Purn.) Drs. Sutanto
      bersama-sama Direksi menyetujui                                jointly approving with the Board of
                                                                                                            Arimuladi, S.H., M.Hum. berlaku hingga                    and Dr. Setia Untung Arimuladi, S.H.,
      Rencana Kerja Tahunan                                          Directors the Annual Work Plan
                                                                                                            RUPST 2026.                                               M.Hum. commence until the 2026 AGMS.
2. Pengawasan terhadap perolehan                                2. Supervising the acquisition of
   proyek baru, pengeluaran capital                                new projects, capital expenditure        PIAGAM DEWAN KOMISARIS                                    BOARD OF COMMISSIONERS CHARTER
   expenditure, financing dan aksi                                 purchases, financing and corporate
                                                                                                            Perusahaan memiliki Board Manual                          The Company has a Board Manual that
   korporasi yang dilaporkan kepada                                actions reported to the Financial
                                                                                                            yang mencakup pedoman bagi Dewan                          comprise guidelines for the Board of
   Otoritas Jasa Keuangan (OJK) dan                                Services Authority (OJK) and Indonesia
                                                                                                            Komisaris, Direksi, Program Pengenalan,                   Commissioners, the Board of Directors,
   Bursa Efek Indonesia (BEI)                                      Stock Exchange
                                                                                                            Peningkatan Kapabilitas, Nilai-Nilai                      Introductory Programs, Capability
3. Memantau, menganalisa dan memberi                            3. Monitoring, analyzing and providing      dan Etika Dewan Komisaris dan Direksi                     Enhancement, Values and Ethics of the
   masukan atas rencana strategis                                  input related to strategic plans         serta Kegiatan antar Organ Perusahaan.                    Boards and Interrelations of the Corporate
4. Melakukan kajian secara berkala atas                         4. Conducting periodic reviews of           Masing-masing pedoman merupakan bab                       Organs. Each guideline is stated as a
   kinerja keuangan dalam setiap rapat                             financial performance during meetings    tersendiri.                                               separate chapter.
   Dewan Komisaris dan/atau rapat                                  of the Board of Commissioners and/
   Komite dengan mengundang Direksi                                or Committees by inviting the Board of   Board Manual Perusahaan disusun sesuai                    The Company’s Board Manual adheres to
   beserta satuan unit yang bertanggung                            Directors and the respective business    dengan UU No. 4 tahun 2007 tentang                        Law No. 4 of 2007 on Limited Liabilities
   jawab dalam menyampaikan kinerja                                units responsible for presenting their   Perseroan Terbatas, UU No. 8 tahun 1995                   Companies, Law No. 8 of 1995 on Capital
   masing-masing                                                   performance                              tentang Pasar Modal, Pedoman GCG                          Markets, the Indonesian GCG Guidelines
                                                                                                            Indonesia tahun 2006, Anggaran Dasar                      of 2006, the Company’s Articles of
5. Menghadiri RUPST dan RUPSLB                                  5. Attending the AGMS and EGMS
                                                                                                            Perusahaan, POJK 32 tahun 2014, POJK 33                   Association, POJK No. 32 of 2014, POJK
                                                                                                            tahun 2014, POJK 34 tahun 2014, POJK 35                   No. 33 of 2014, POJK No. 34 of 2014,
                                                                                                            tahun 2014, SK Direksi BEI No. Kep-00183/                 POJK No. 35 of 2014, Decision of the
PENGANGKATAN, PEMBERHENTIAN &                                   APPOINTMENT, DISMISSAL & TERM OF
                                                                                                            BEI/12- 2018 tertanggal 26 Desember                       Board of Directors of BEI No. Kep-00183/
MASA JABATAN                                                    OFFICE
                                                                                                            2018 dan Keputusan Direksi BEJ No. Kep-                   BEI/12-2018 of 26 December 2018 and
Anggota Dewan Komisaris diangkat dan                            Members of the Board of Commissioners       306/BEJ/07-2004 tentang Kewajiban                         the Decision of the Board of Directors
diberhentikan oleh RUPS berdasarkan                             are appointed and dismissed by the          Penyampaian Informasi. Selain peraturan                   of BEJ No. Kep-306/BEJ/07-2004 on
rekomendasi Komite Nominasi &                                   GMS based on recommendations by the         perundang-undangan yang berlaku di                        the Obligation to Disclose Information.
Remunerasi yang disampaikan melalui                             Nomination & Remuneration Committee         Indonesia, Perusahaan juga mengacu                        Besides the prevailing rules and
Dewan Komisaris. Masa jabatan masing-                           submitted through the Board of              kepada standar internasional ASEAN                        regulations in Indonesia, the Company
masing anggota Dewan Komisaris adalah                           Commissioners. The term of office of each   Corporate Governance Scorecard.                           also refers to the international standard for
tiga tahun, terhitung sejak penunjukannya                       member of the Board of Commissioners is                                                               ASEAN Corporate Governance Scorecard.




376     Laporan Tahunan / Annual Report 2025                                                                                                                                                      PT Petrosea Tbk         377
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       Tata Kelola Perusahaan                                                                                                                                                              Tata Kelola Perusahaan
       Corporate Governance                                                                                                                                                                Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                    Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                   Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




Di dalam Board Manual terdapat bab                              The Board Manual contains a chapter          Kebijakan Komunikasi ini juga mengatur                   This Communication Policy also regulates
mengenai Dewan Komisaris yang                                   on the Board of Commissioners which          adanya masa tenang (blackout), dimana                    the implementation of a blackout
mencakup:                                                       includes:                                    seluruh karyawan serta manajemen tidak                   period, during which all employees
                                                                                                             diperkenankan untuk melakukan kegiatan                   and management are prohibited from
I.      Lingkup Pengawasan Dewan                                I.     Scope of the Board of Commissioners   transaksi pada periode-periode tertentu.                 conducting any trading activities
        Komisaris                                                      Supervision                           Masa tenang wajib diumumkan kepada                       within certain specified periods. The
        a. Prinsip Dasar Pengawasan                                    a. Fundamental Principles of          seluruh karyawan dan manajemen oleh                      blackout period must be announced to
                                                                          Supervision                        Sekretaris Perusahaan & Komunikasi.                      all employees and management by the
        b. Tugas dan Kewajiban                                         b. Duties and Responsibilities                                                                 Corporate Secretary & Communications.
        c. Kewenangan dan Hak                                          c. Authorities and Rights

                                                                                                             Selain itu, Perusahaan juga menghindari                  Furthermore, the Company avoids the
II.     Komposisi Dewan Komisaris                               II.     Board of Commissioners
                                                                                                             praktik pemberian pinjaman kepada                        practice of providing loans to members of
                                                                        Composition
                                                                                                             anggota Dewan Komisaris maupun Direksi,                  the Board of Commissioners or the Board
        a. Keanggotaan Dewan Komisaris                                 a. Membership of the Board of
                                                                                                             namun tidak memiliki kebijakan yang                      of Directors, although it does not have
                                                                          Commissioner
                                                                                                             spesifik terkait hal tersebut.                           a specific policy in place regarding this
        b. Komisaris Independen                                        b. Independent Commissioners
                                                                                                                                                                      matter.

III.    Komite-Komite Dewan Komisaris                           III.   Committees of the Board of
                                                                                                             KEBIJAKAN & PRAKTIK PEMBERIAN                            POLICY & PRACTICES REGARDING THE
                                                                       Commissioners
                                                                                                             PINJAMAN BAGI DEWAN KOMISARIS                            GRANTING OF LOANS TO THE BOARD OF
IV.     Sekretaris Dewan Komisaris                              IV.    Secretary of the Board of
                                                                                                                                                                      COMMISSIONERS
                                                                       Commissioners
V.      Rapat-Rapat Dewan Komisaris                             V.     Meetings of the Board of              Perusahaan menghindari praktik                           The Company avoids the practice of
                                                                       Commissioners                         pemberian pinjaman kepada anggota                        providing loans to members of the Board
        a. Kebijakan Umum Rapat Dewan                                  a. General Policy of Board of         Dewan Komisaris maupun Direksi sebagai                   of Commissioners and the Board of
           Komisaris                                                      Commissioners Meetings             penerapan dari pelaksanaan tata kelola                   Directors as part of its commitment to
        b. Mekanisme dan Pelaksanaan                                   b. Board of Commissioners Meeting     yang baik, namun tidak memiliki kebijakan                good corporate governance. However, the
           Dewan Komisaris                                                Mechanism and Implementation       yang spesifik terkait hal tersebut.                      Company does not have a specific policy
                                                                                                                                                                      in place regarding this matter.


KEBIJAKAN DAN PRAKTIK INSIDER                                   POLICY AND PRACTICES ON INSIDER              RAPAT DEWAN KOMISARIS TAHUN 2025                         BOARD OF COMMISSIONERS MEETINGS
INFORMATION BAGI DEWAN KOMISARIS                                INFORMATION FOR THE BOARD OF                                                                          IN 2025
                                                                COMMISSIONERS                                Perusahaan memiliki Board Manual                         The Company has a Board Manual that
Perusahaan memiliki dan                                         The Company has established and              yang mengatur kepatuhan terhadap                         governs compliance with POJK No. 33/
mengimplementasi Kebijakan Komunikasi                           implemented a Communication Policy           pelaksanaan POJK No. 33/POJK.04/2014                     POJK.04/2014 regarding the Board of
yang mengatur tentang informasi orang                           that governs the handling of insider         tentang Direksi dan Dewan Komisaris                      Directors and the Board of Commissioners
dalam (insider information). Orang                              information. Insiders are prohibited from    Emiten atau Perusahaan Publik Pasal 31                   of Issuers or Public Companies (“POJK
dalam dilarang menyalahgunakan insider                          misusing such information for purposes       ayat 1 (“POJK 33/2014”). Dewan Komisaris                 33/2014”), specifically Article 31 paragraph
information selain untuk kepentingan                            other than the interests of the Company.     wajib untuk mengadakan rapat paling                      (1). Pursuant to this provision, the Board
Perusahaan. Oleh karena itu kebijakan ini                       Accordingly, this policy provides guidance   sedikit satu kali dalam dua bulan (enam                  of Commissioners is required to hold
memberikan pedoman kepada seluruh                               to all employees and management,             rapat dalam setahun).                                    meetings at least once every two months
karyawan dan manajemen termasuk Dewan                           including the Board of Commissioners and                                                              (a minimum of six meetings per year).
Komisaris dan Direksi, guna mencegah dan                        the Board of Directors, for the purpose
mengelola potensi benturan kepentingan                          of order to prevent and manage potential
yang dapat terjadi.                                             conflicts of interest that may arise.


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    Tata Kelola Perusahaan                                                                                                                                                                              Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                                Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                     Berikut adalah frekuensi dan kehadiran                              The following is the frequency and
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners
                                                                                                              rapat serta Keputusan Dewan Komisaris                               attendance of meetings and Board of
                                                                                                              sepanjang 2025:                                                     Commissioners Decisions throughout
                                                                                                                                                                                  2025:


                                                                                                                                                             Rapat Dewan Komisaris 2025
                                                                                                                                                         Board of Commissioners Meetings in 2025


                                                                                                                                                                                          Anggota Dewan Komisaris
                                                                                                                         Tanggal                                                     Members of the Board of Commissioners
                                                                                                               No.                               Agenda
                                                                                                                          Date
                                                                                                                                                                         OSI          ECI        DMA         GKA          SUT      SUN


                                                                                                                 1    25 Feb 2025      Project Review                     ✔           ✔           ✔             -         ✔         -




                                                                                                                 2    25 Feb 2025      FY 2024                            ✔           ✔           ✔           ✔           ✔        ✔




                                                                                                                                       Appointment Chairman
                                                                                                                 3    16 Apr 2025                                         ✔           ✔           ✔           ✔           ✔        ✔
                                                                                                                                       of EAGMS & Rehearsal




                                                                                                                 4    23 Apr 2025      1Q 2025                            ✔            -          ✔           ✔             -      ✔




                                                                                                                 5    24 Jul 2025      2Q & R 2025                        ✔           ✔           ✔           ✔           ✔        ✔




                                                                                                                 6    20 Oct 2025      3Q 2025                            ✔           ✔           ✔           ✔           ✔        ✔



                                                                                                                              Persentase Kehadiran
                                                                                                                                                                        100%         83%        100%         83%         83%       83%
                                                                                                                             Attendance Percentage




                                                                                                              Keterangan/Notes:
Board Manual juga menjelaskan terkait                           The Board Manual also explains the holding    Singkatan/Abbreviation:
                                                                                                              OSI = Osman Sitorus, ECI = Erwin Ciputra, DMA = Djauhar Maulidi, S.E., M.B.A., GKA = Prof. Ginandjar Kartasasmita,
penyelenggaraan rapat baik untuk                                of meetings, both for scheduled and
                                                                                                              SUT = Jenderal Pol. (Purn.) Drs. Sutanto, SUN = Dr. Setia Untung Arimuladi S.H., M.Hum.
rapat terjadwal dan yang tidak terjadwal                        unscheduled meetings, including the
termasuk penyampaian bahan rapat.                               delivery of meeting materials.
Untuk rapat yang telah dijadwalkan, maka                        For scheduled meetings, the meeting           MEKANISME & PELAKSANAAN RAPAT                                       BOARD OF COMMISSIONERS MEETINGS
bahan rapat disampaikan kepada peserta                          materials are delivered to the meeting        DEWAN KOMISARIS                                                     MECHANISM & IMPLEMENTATION
rapat paling lambat lima hari sebelum rapat                     participants no later than five days before
diselenggarakan sedangkan untuk rapat                           the meeting is held, while for unscheduled    Board Manual Perusahaan mencakup                                    The Company’s Board Manual contains the
yang tidak terjadwal, maka bahan rapat                          meetings, the meeting materials are           ketentuan terkait mekanisme dan                                     following provisions related to the Board
disampaikan kepada peserta rapat paling                         delivered to the meeting participants no      pelaksanaan Rapat Dewan Komisaris                                   of Commissioners Meeting mechanisms
lambat sebelum rapat diselenggarakan.                           later than before the meeting is held.        sebagai berikut:                                                    and implementations:
Sepanjang tahun 2025, Dewan Komisaris                           Throughout 2025, the Board of                 1. Pemanggilan dan materi rapat                                     1. Meeting invitation and material
telah menyelenggarakan enam kali rapat.                         Commissioners held six meetings.              2. Pemimpin rapat                                                   2. Meeting chairperson
                                                                                                              3. Mekanisme kehadiran dan rapat                                    3. Meeting attendance and mechanism
                                                                                                              4. Penyelenggaraan rapat melalui media                              4. Meetings through electronic media
                                                                                                                  elektronik




380     Laporan Tahunan / Annual Report 2025                                                                                                                                                                   PT Petrosea Tbk          381
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  Tata Kelola Perusahaan                                                                                                   Tata Kelola Perusahaan
  Corporate Governance                                                                                                     Corporate Governance



                                                                             Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
                                                                 Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




                                             5.   Kuorum rapat                                        5.   Meeting quorum
                                             6.   Prosedur pengambilan keputusan                      6.   Decision-making procedure
                                             7.   Pengambilan keputusan secara sirkuler               7.   Circular decision-making
                                             8.   Perbedaan pendapat                                  8.   Dissenting opinions
                                             9.   Risalah rapat                                       9.   Meeting minutes

                                             Pada tahun 2025, seluruh Rapat Dewan                     in 2025, all Board of Commissioners
                                             Komisaris mengikuti ketentuan mekanisme                  Meetings followed the above-mentioned
                                             dan pelaksanaan Rapat Dewan Komisaris                    Board of Commissioners Meeting
                                             tersebut.                                                mechanism and implementation.


                                             RAPAT GABUNGAN TAHUN 2025                                JOINT MEETINGS IN 2025
                                             Rapat Gabungan Dewan Komisaris dan                       The Board of Commissioners and Board
                                             Direksi Perusahaan merupakan bentuk                      of Directors joint meeting is an act of
                                             koordinasi antara Dewan Komisaris dan                    coordination between the Board of
                                             Direksi, antara lain untuk membahas                      Commissioners and Board of Directors,
                                             laporan-laporan periodik Direksi, kondisi                among others to discuss the Board of
                                             dan prospek usaha, kebijakan nasional                    Directors periodic reports, business
                                             maupun internasional yang berdampak                      conditions and prospects, national
                                             pada kinerja Perusahaan, serta rencana                   and international policies affecting the
                                             kerja.                                                   Company’s performance, as well as the
                                                                                                      business plan.

                                             Dewan Komisaris memberikan tanggapan,                    The Board of Commissioners may also
                                             catatan dan nasihat yang dituangkan                      give feedback, notes and advice recorded
                                             dalam suatu risalah rapat gabungan Dewan                 in the minutes as well as other relevant
                                             Komisaris dan Direksi, serta juga hal lain               matters, including the preparation for the
                                             yang dianggap perlu, termasuk tetapi tidak               gms and discussions regarding the Annual
                                             terbatas untuk persiapan RUPS maupun                     Report and interim financial reports.
                                             pembahasan penyajian dan publikasi
                                             Laporan Tahunan dan laporan keuangan
                                             berkala Perusahaan.




382   Laporan Tahunan / Annual Report 2025                                                                                        PT Petrosea Tbk 383
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       Tata Kelola Perusahaan                                                                                                                                                                                     Tata Kelola Perusahaan
       Corporate Governance                                                                                                                                                                                       Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                                           Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                                          Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




Sesuai dengan ketentuan Board Manual,                                In accordance with the Provision in Board                      RENCANA RAPAT 2026                                       2026 MEETING SCHEDULE
Anggaran Dasar dan Pasal 31 ayat 3                                   Manual, Articles of Associations and
                                                                                                                                    Perusahaan telah menyusun rencana kerja                  The Company has prepared the 2026
POJK 33/2014, Dewan Komisaris wajib                                  Article 31 paragraph 3 POJK 33/2014, the
                                                                                                                                    tahun 2026 sesuai dengan tugas dan                       work plan in accordance with the duties
mengadakan rapat bersama (gabungan)                                  Board of Commissioners must conduct
                                                                                                                                    tanggung jawab Dewan Komisaris yang                      and responsibilities of the Board of
dengan Direksi paling kurang satu kali                               joint meetings with the Board of Directors
                                                                                                                                    tertuang didalam Board Manual.                           Commissioners as stipulated in the Board
dalam setiap empat bulan (tiga rapat                                 at least once every four months (three
                                                                                                                                                                                             Manual.
dalam setahun).                                                      meetings annually).
                                                                                                                                    Rapat Direksi dan Dewan Komisaris                        Meetings between the Board of Directors
Pada tahun 2025, kehadiran anggota                                   in 2025, the attendance of the members
                                                                                                                                    yang membahas rencana kerja tahunan                      and the Board of Commissioners
Dewan Komisaris adalah sebagai berikut:                              of the Board of Commissioners was as
                                                                                                                                    dan rencana kerja jangka panjang,                        discussing the annual work plan and
                                                                     follows:
                                                                                                                                    juga telah menentukan jadwal rapat ke                    the long-term work plan have also
                                                                                                                                    dalam kalender korporasi yang disahkan                   determined the meeting schedule, which
                                                                                                                                    bersamaan dengan rencana kerja tahunan                   has been incorporated into the corporate
                                          Rapat Gabungan dengan Direksi 2025                                                        Perusahaan.                                              calendar and approved together with the
                                       Joint Meetings with the Board of Directors in 2025
                                                                                                                                                                                             Company’s annual work plan.

                                                                                                                                    Rencana rapat ini sesuai dengan ketentuan                The meeting schedule is in accordance
                                              Anggota Dewan Komisaris                              Anggota Direksi
                                         Members of the Board of Commissioners              Members of the Board of Directors       POJK 33/2014 dimana Dewan Komisaris                      with the provisions of POJK 33/2014, which
           Tanggal
  No.
            Date
                          Agenda                                                                                                    wajib untuk mengadakan Rapat paling                      require the Board of Commissioners to
                                                                                                                                    sedikit setiap dua bulan sekali.                         hold meetings at least once every two
                                        OSI     ECI     DMA     GKA      SUT     SUN        MIC   KHE     RSA     MKU      IHI
                                                                                                                                                                                             months.

                                                                                                                                    Di samping itu, Dewan Komisaris juga wajib               In addition, the Board of Commissioners
          25 Feb
   1                      FY 2024       ✔       ✔        ✔       ✔       ✔       ✔          ✔      ✔       ✔       ✔       ✔        mengadakan rapat bersama atau rapat                      is also required to hold joint meetings
          2025
                                                                                                                                    gabungan dengan Direksi sedikitnya sekali                with the Board of Directors at least once
                                                                                                                                    setiap empat bulan, serta sewaktu-waktu                  every four months, as well as ad-hoc
   2
          23 Apr
                          1Q 2025       ✔       ✔        ✔       ✔       ✔       ✔          ✔      ✔       ✔       ✔       ✔        dengan Komite di bawah Dewan Komisaris.                  meetings with the Committees under the
          2025
                                                                                                                                    Rapat gabungan bersama seluruh Komite                    Board of Commissioners. Joint meetings
                                                                                                                                    di Bawah Dewan Komisaris merupakan                       with all Committees under the Board of
          24 Jul                                                                                                                    bagian dari Rapat Dewan Komisaris.                       Commissioners constitute a part of the
   3                   2Q & R 2025      ✔       ✔        ✔       ✔       ✔       ✔          ✔      ✔       ✔       ✔       ✔
          2025                                                                                                                                                                               Board of Commissioners’ meetings.

                                                                                                                                    Dewan Komisaris dapat juga meminta                       The Board of Commissioners can also
    Persentase Kehadiran               100%    100%    100%    100%     100%    100%    100%      100%   100%    100%     100%
    Attendance Percentage                                                                                                           diselenggarakannya rapat-rapat di luar                   request the implementation of meetings
                                                                                                                                    jadwal yang telah ditentukan sebelumnya.                 outside of the agreed schedule.


Keterangan/Notes:                                                                                                                   Sesuai ketentuan di atas, pada tahun                     In accordance with the above provisions,
Singkatan/Abbreviation:                                                                                                             2026, Perusahaan telah merumuskan                        in 2026 the Company has formulated a
OSI = Osman Sitorus, ECI = Erwin Ciputra, DMA = Djauhar Maulidi, S.E., M.B.A., GKA = Prof. Ginandjar Kartasasmita, SUT = Jenderal   jadwal rencana rapat sebanyak enam                       meeting schedule consisting of six Board
Pol. (Purn.) Drs. Sutanto, SUN = Dr. Setia Untung Arimuladi S.H., M.Hum., MIC = Michael, KHE = Kartika Hendrawan, RSA = Ruddy
Santoso, MKU = Meinar Kusumastuti, IHI = Iman Darus Hikhman
                                                                                                                                    Rapat Dewan Komisaris serta tiga rapat                   of Commissioners meetings and three joint
                                                                                                                                    gabungan bersama dengan Direksi ke                       meetings with the Board of Directors, as
                                                                                                                                    dalam rencana kerja tahunan 2026.                        part of the 2026 annual work plan.




384      Laporan Tahunan / Annual Report 2025                                                                                                                                                                            PT Petrosea Tbk 385
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    Tata Kelola Perusahaan                                                                                                                                                                  Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                    Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                     Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                    Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




PENINGKATAN KOMPETENSI                                          COMPETENCY IMPROVEMENT                        2. Tingkat integritas, pengetahuan                       2. Level of integrity, knowledge and
                                                                                                                 dan pemahaman atas visi dan misi                         understanding of the Company’s
Setiap anggota Dewan Komisaris                                  Each member of the Board of
                                                                                                                 Perusahaan, kontribusi dalam rapat,                      vision and mission, contribution during
berhak dan berkewajiban untuk terus                             ommissioners has the right and
                                                                                                                 kemampuan mengikuti perkembangan                         meetings, ability to keep up with
meningkatkan kompetensi guna                                    obligation to continuously improve their
                                                                                                                 dunia usaha dan dunia industri terkait                   developments in the business and
mendukung tugas dan tanggung jawabnya.                          competencies in order to support their
                                                                                                                 serta kriteria substantif lainnya                        related industry sectors, as well as
Oleh karena itu, Perusahaan memastikan                          duties and responsibilities. Therefore, the
                                                                                                                                                                          other substantive criteria
bahwa peningkatan kompetensi ini                                Company ensures that the competency
dilakukan secara optimal oleh setiap                            improvement is conducted optimally            3. Kemampuan menjaga hubungan                            3. Ability to maintain relationships with
masing-masing anggota Dewan Komisaris.                          by each member of the Board of                   dengan sesama anggota Dewan                              fellow members of the Board of
                                                                Commissioners.                                   Komisaris, anggota Direksi,                              Commissioners, members of the Board
                                                                                                                 manajemen, serta pemangku                                of Directors, management, as well as
PENDIDIKAN & PELATIHAN                                          EDUCATION & TRAINING                             kepentingan dari Perusahaan                              the Company’s stakeholders

Kegiatan peningkatan kompetensi baik                            Competency enhancement activities both
                                                                                                              Guna memastikan pelaksanaan tata kelola                  To ensure that the implementation of
melalui pendidikan dan pelatihan yang                           through education and training that the
                                                                                                              perusahaan berjalan transparan, akuntabel                corporate governance is carried out in a
diikuti Dewan Komisaris di sepanjang                            Board of Commissioners has participated
                                                                                                              dan sesuai dengan pilar GCG, Komite                      transparent and accountable manner and
tahun 2025 dapat dilihat pada bab Profil                        in throughout 2025 can be seen in the
                                                                                                              Nominasi dan Remunerasi membantu                         in accordance with the pillars of GCG, the
Perusahaan dalam Laporan Tahunan ini.                           Company Profile chapter in this Annual
                                                                                                              Dewan Komisaris dalam melakukan                          Nomination and Remuneration Committee
                                                                Report.
                                                                                                              penilaian kinerja dan penyusunan                         assists the Board of Commissioners in
                                                                                                              rekomendasi secara periodik dari kinerja                 conducting performance evaluations and
PROGRAM ORIENTASI ANGGOTA BARU                                  ORIENTATION PROGRAM FOR NEW
                                                                                                              masing-masing anggota                                    periodically formulating recommendations
                                                                MEMBERS
                                                                                                              Dewan Komisaris dalam pelaksanaan                        for each member of the Board of
Berdasarkan hasil RUPST 21 April 2025,                          Based on the results of AGMS held on          fungsi pengawasan.                                       Commissioners in the execution of their
tidak ada pengangkatan anggota Dewan                            21 April 2025, there was no appointment                                                                supervisory function.
Komisaris baru, sehingga Perusahaan tidak                       of new members to the Board of
melaksanakan program orientasi bagi                             Commissioners. Accordingly, the               Hasil penilaian tersebut kemudian                        The evaluation results are subsequently
anggota Dewan Komisaris baru.                                   Company did not conduct an orientation        disampaikan pada Laporan Tahunan dan                     reported in the Annual Report and the
                                                                program for new members of the Board of       Laporan Pelaksanaan Tugas Pengawasan                     Report on the Implementation of the
                                                                Commissioners.                                Dewan Komisaris pada setiap tahun buku,                  Supervisory Duties of the Board of
                                                                                                              kemudian dilaporkan kepada pemegang                      Commissioners for each financial year and
PENILAIAN KINERJA                                               PERFORMANCE EVALUATION                        saham pada RUPS.                                         thereafter submitted to the shareholders
                                                                                                                                                                       at GMS.
Penilaian kinerja Dewan Komisaris                               The performance evaluation of the Board
dilaksanakan berdasarkan kriteria sebagai                       of Commissioners is carried out based on
berikut:                                                        the following criteria:
                                                                                                              EVALUASI KOMITE DI BAWAH DEWAN                           EVALUATION OF COMMITTEES UNDER
1. Pencapaian kinerja, tingkat kehadiran                        1. Performance achievements,
                                                                                                              KOMISARIS                                                THE BOARD OF COMMISSIONERS
    dalam Rapat Dewan Komisaris, Rapat                              attendance rate at Board of
    Gabungan, RUPS, serta Rapat Dewan                               Commissioners meetings, joint             Dewan Komisaris melakukan evaluasi atas                  The Board of Commissioners conducted
    Komisaris dengan Komite atau unit                               meetings, GMS, as well as meetings        kinerja seluruh komite dibawah Dewan                     an evaluation of the performance of
    kerja dari Perusahaan                                           between the Board of Commissioners        Komisaris atas pencapaian kerja selama                   all committees under the Board of
                                                                    and the Committees or working units       tahun buku.                                              Commissioners based on their work
                                                                    of the Company                                                                                     achievements during the financial year.




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    Corporate Governance                                                                                                                                                                     Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                      Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                     Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




Selain itu, penilaian dilakukan berdasarkan                     In addition, the evaluation is also based       mempengaruhi kemampuannya untuk                         not have any business relations or other
tingkat kompetensi dan kehadiran dari                           on the level of competence and meeting          bertindak secara independen atau                        relations that could affect his/her ability
rapat setiap tahun buku sebagai kriteria                        attendance during the financial year as         bertindak semata-mata demi kepentingan                  to act independently or to act purely in the
penilaian.                                                      part of the assessment criteria.                Perusahaan.                                             interest of the Company.

Setiap tahunnya untuk setiap komite                             The evaluation is conducted annually for        MASA TUGAS                                              TERM OF OFFICE
berdasarkan laporan hasil pelaksanaan                           each committee, based on the report
                                                                                                                Sesuai Anggaran Dasar Perusahaan,                       In accordance with the Company’s
program kerja tahunan masing-masing                             on the implementation of its annual work
                                                                                                                Komisaris Independen diangkat oleh                      Articles of Association, Independent
komite, rekomendasi strategis, serta                            program, the strategic recommendations
                                                                                                                RUPS, masing-masing untuk jangka                        Commissioners are appointed by the GMS,
sesuai dengan piagam masing-masing                              provided and in accordance with the
                                                                                                                waktu tiga tahun terhitung sejak tanggal                each for a term of three years commencing
Komite.                                                         provisions of the respective Committees
                                                                                                                pengangkatannya dalam RUPS Tahunan                      from the date of his appointment at the
                                                                Charter.
                                                                                                                sampai tanggal penutupan RUPS Tahunan                   Annual GMS until the closing date of the
Pada tahun 2025, Dewan Komisaris menilai                        in 2025, the Board of Commissioners             ketiga pada akhir periode masa jabatan                  third Annual GMS at the end of the term
seluruh Komite di bawah Dewan Komisaris                         believes that all Committees under the          tersebut dengan tidak mengurangi hak                    of office without prejudice to the right
telah melaksanakan tugasnya sesuai                              Board of Commissioners have performed           RUPS untuk memberhentikan Komisaris                     of the GMS to dismiss the Independent
dengan piagam, pilar GCG dan visi-misi                          their duties in accordance with their           Independen tersebut sewaktu-waktu                       Commissioner at any time after the
Perusahaan, serta mencapai tujuan dan                           charters, GCG pillars and the Company’s         setelah Komisaris Independen yang                       Independent Commissioner concerned is
target program kerja tahunan masing-                            vision and mission and all committees           bersangkutan diberi kesempatan untuk                    given the opportunity to defend himself,
masing.                                                         have met their annual work plan goals and       membela diri, kecuali yang bersangkutan                 unless the person concerned does not
                                                                targets.                                        tidak keberatan atas pemberhentian                      object to the dismissal. The dismissal is
                                                                                                                tersebut. Pemberhentian demikian berlaku                effective from the closing date of the GMS
Juga pada tahun 2025, Dewan Komisaris                           Also in 2025, the Board of Commissioners
                                                                                                                sejak tanggal penutupan RUPS yang                       which decides the dismissal, unless the
memperhatikan perkembangan tata kelola                          noticed the development in corporate
                                                                                                                memutuskan pemberhentian tersebut,                      date of dismissal is determined otherwise
perusahaan dalam bidang lingkungan,                             governance in terms of the environment,
                                                                                                                kecuali apabila tanggal pemberhentian                   by the GMS.
masyarakat dan governansi, sehingga                             society and governance and drove
                                                                                                                ditentukan lain oleh RUPS.
mendorong terbentuknya Komite                                   the establishment of the Company’s
Keberlanjutan Perusahaan yang bertugas                          Sustainability Committee having its roles
                                                                                                                PROPORSI JUMLAH KOMISARIS                               PROPORTION OF NUMBER OF
untuk memantau, meninjau, mengevaluasi                          to monitor, review, evaluate as well as
                                                                                                                INDEPENDEN                                              INDEPENDENT COMMISSIONERS
serta memberikan rekomendasi atas                               make recommendations for performance,
kinerja, inisiatif, rencana dan risiko terkait                  initiatives, plans and risk related to          Pada tahun 2025, jumlah Komisaris                       in 2025, the number of the Company’s
ESG dalam setiap investasi yang diajukan                        ESG for each investment proposed by             Independen Perusahaan adalah dua dari                   Independent Commissioners was two
oleh manajemen.                                                 management.                                     enam anggota Dewan Komisaris, sehingga                  out of the six members of the Board of
                                                                                                                proporsi jumlah anggota Komisaris                       Commissioners, so the proportion of
KOMISARIS INDEPENDEN                                            INDEPENDENT COMMISSIONERS                       Independen mencapai 33,33%, lebih tinggi                Independent Commissioners reached
                                                                                                                dari ketentuan peraturan perundang-                     33.33% of the total members, which is
Komisaris Independen adalah anggota                             Independent Commissioners are members
                                                                                                                undangan yang berlaku, yaitu 30%.                       higher than the 30% provision of prevailing
Dewan Komisaris yang tidak terafiliasi                          of the Board of Commissioners that are not
                                                                                                                                                                        rules and regulations.
dengan Direksi, anggota Dewan Komisaris                         affiliated with the Board of Directors, other
lainnya dan pemegang saham utama                                members of the Board of Commissioners
serta pengendali. Selain itu, Komisaris                         and the main shareholder as well as
Independen harus bebas dari hubungan                            controling shareholder. Furthermore, the
bisnis atau hubungan lainnya yang dapat                         Independent Commissioners also must




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    Corporate Governance                                                                                                                                                                      Corporate Governance



Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris                                                                       Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Dewan Komisaris
Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners                                      Division of Duties, Responsibilities & Authoritiesof Each Member of the Board of Commissioners




KRITERIA PENENTUAN KOMISARIS                                    INDEPENDENT COMMISSIONER                        Sebagai bentuk penerapan                                 As a form of application of the principle
INDEPENDEN                                                      SELECTION CRITERIA                              prinsip independensi maka masing-                        of independence, each Independent
                                                                                                                masing Komisaris Independen telah                        Commissioner signed a statement of
Kriteria penentuan Komisaris Independen                         The criteria for selecting an Independent
                                                                                                                menandatangani surat pernyataan                          independence on 4 December 2024
adalah sebagai berikut:                                         Commissioner is as follows:
                                                                                                                independensinya pada 4 Desember 2024                     in accordance with the requirements
•    Bukan merupakan orang yang                                 •    Is not someone who has worked or
                                                                                                                sesuai dengan syarat yang ditentukan oleh                set by POJK 33/2014. The Independent
     bekerja atau memiliki wewenang dan                              has the authority or responsibility
                                                                                                                POJK 33/2014. Dengan demikian, mereka                    Commissioner can therefore carry
     tanggung jawab untuk merencanakan,                              for planning, leading, controlling, or
                                                                                                                dapat menjalankan tugas dan tanggung                     out his/her duties and responsibilities
     memimpin, mengendalikan, atau                                   supervising the Company’s activities in
                                                                                                                jawabnya secara independen tanpa ada                     independently without any conflicts of
     mengawasi kegiatan Perusahaan                                   the previous six months, except for his/
                                                                                                                konflik kepentingan.                                     interest.
     dalam waktu enam bulan terakhir,                                her re-appointment as the Company’s
     kecuali untuk pengangkatan kembali                              Independent Commissioner for next
     sebagai Komisaris Independen                                    period
     Perusahaan pada periode berikutnya

•    Tidak memiliki saham Perusahaan baik                       •    Does not own Company’s shares,
     langsung maupun tidak langsung                                  either directly or indirectly

•    Tidak mempunyai hubungan afiliasi                          •    Does not have affiliations with the
     dengan Perusahaan, anggota Dewan                                Company, members of the Board of
     Komisaris, anggota Direksi, atau                                Commissioners, members of the Board
     pemegang saham utama Perusahaan                                 of Directors, or main shareholders of
                                                                     the Company

•    Tidak memiliki hubungan usaha baik                         •    Does not have business relations,
     langsung maupun tidak langsung yang                             either directly or indirectly, that are
     berkaitan dengan kegiatan usaha                                 related to the Company’s business
     Perusahaan                                                      activities



PERNYATAAN INDEPENDENSI                                         STATEMENT OF INDEPENDENCE
Komisaris Independen berkomitmen                                Independent Commissioners are
untuk menjunjung tinggi independensi,                           committed to upholding independence,
objektivitas dan keadilan dalam                                 objectivity and fairness in carrying out his/
menjalankan tugas dan tanggung                                  her duties and responsibilities, by avoiding
jawabnya, dengan menghindari adanya                             decisions and policies that have the
keputusan dan kebijakan yang berpotensi                         potential to create a conflict of interest or
menimbulkan benturan kepentingan atau                           preference for the interests of one party.
preferensi terhadap kepentingan salah                           Each Independent Commissioner has
satu pihak. Masing-masing Komisaris                             met the independence requirements as
Independen telah memenuhi syarat                                stipulated in POJK 33/2014.
independensi sebagaimana ditetapkan
dalam POJK 33/2014.




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     Corporate Governance                                                                                                                                  Corporate Governance




Direksi
                                                                                                                                                                                   Direksi
                                                                                                                                                                        Board of Directors


Board of Directors


                                                                                              PIAGAM DIREKSI                                BOARD OF DIRECTORS CHARTER
                                                                                              Perusahaan memiliki Board Manual              The Company has a Board Manual that
                                                                                              yang mencakup pedoman bagi Direksi,           consists of guidelines for the Board
                                                                                              program pengenalan, peningkatan               of Directors, introductory programs,
                                                                                              kapabilitas, nilai-nilai dan etika Direksi,   capability enhancement, values and
                                                                                              serta kegiatan antar organ Perusahaan.        ethics of the Board of Directions and
                                                                                              Direksi memimpin proses pengembangan          interrelations of Company's organs.
                                                                                              dan peninjauan strategi Perusahaan,           The Board of Directors leads the
                                                                                              termasuk Rencana Jangka Panjang (RJP)         process of developing and reviewing
                                                                                              Perusahaan dan Rencana Kerja dan              Company’s strategies, including the
                                                                                              Anggaran Tahunan (RKAT) Perusahaan.           Strategic Business Plan (SBP) and the
                                                                                              Direksi mengembangkan, menjalankan            Annual Business Plan (ABP). The Board of
                                                                                              dan mengawasi seluruh manajemen               Directors develops, leads and supervises
                                                                                              untuk mengimplementasikan strategi            management systems to implement the
                                                                                              Perusahaan.                                   Company’s strategy.

                                                                                              TUGAS, TANGGUNG JAWAB &                       BOARD OF DIRECTOR'S DUTIES,
                                                                                              WEWENANG DIREKSI                              RESPONSIBILITIES & AUTHORITIES
                                                                                              1. Memimpin dan mengurus Perusahaan           1. To lead and manage the Company
Direksi merupakan organ perusahaan yang        The Board of Directors is the corporate           sesuai dengan maksud dan tujuan               according to the Company’s goals
bertanggung jawab atas kepemimpinan            organ that is responsible for the                 Perusahaan dan senantiasa berusaha            and objectives as well as to continue
dan kepengurusan Perusahaan.                   Company’s leadership and management.              meningkatkan efisiensi dan efektivitas        striving to increase the Company’s
Direksi mengusahakan dan menjamin              The Board of Directors manage and ensure          Perusahaan                                    efficiency and effectiveness
terlaksananya kegiatan Perusahaan,             the implementation of the Company’s            2. Memelihara, menjaga dan mengurus           2. To maintain, safeguard and manage
terpenuhinya hak-hak Pemangku                  activities, in accordance with the rights of      kekayaan Perusahaan                           the Company’s assets
Kepentingan, sesuai kepentingan jangka         the Stakeholders, the long-term interest       3. Menyiapkan Struktur Organisasi             3. To prepare the Company’s
panjang Perusahaan dan peraturan               of Company and prevailing rules and               Perusahaan lengkap dengan rincian             organizational structure complete with
perundang-undangan yang berlaku.               regulations.                                      tugasnya                                      detailed duties
                                                                                              4. Menetapkan pembagian tugas dan             4. To divide the duties and
Direksi Perusahaan terdiri atas lima orang,    The Company’s Board of Directors                  wewenang Anggota Direksi                      responsibilities of each member of the
yaitu satu Presiden Direktur dan empat         consists of five members, namely one                                                            Board of Directors
Direktur. Masing-masing anggota memiliki       President Director and four Directors.
tugas dan tanggung jawab secara terpisah.      Each member has separate duties and            5. Mengembangkan dan memimpin                 5. To develop and lead the
                                               responsibilities.                                 penerapan pedoman tata kelola                 implementation of the Company’s
                                                                                                 Perusahaan yang baik                          GCG guidelines
Berdasarkan RUPST yang dilaksanakan            Based on the AGMS which was conducted
pada tanggal 21 April 2025, komposisi          on 21 April 2025, the composition on the       6. Menyiapkan pada waktunya                   6. To formulate the Company’s long term
Dewan Komisaris Perusahaan adalah:             Company’s Board of Directors as follows:          RJP Perusahaan dan kemudian                   Business Plan and to further submit the
1.    Michael (Presiden Direktur)              1.   Michael (President Director)                 menyampaikannya kepada Dewan                  plan to the Board of Commissioners
2.    Kartika Hendrawan (Direktur)             2.   Kartika Hendrawan (Director)                 Komisaris guna mendapatkan                    for its approval and ratification
3.    Ruddy Santoso (Direktur)                 3.   Ruddy Santoso (Director)                     persetujuan dan pengesahan
4.    Meinar Kusumastuti (Direktur)            4.   Meinar Kusumastuti (Director)
5.    Iman Darus Hikhman (Direktur)            5.   Iman Darus Hikhman (Director)



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     Corporate Governance                                                                                                                                      Corporate Governance



Direksi                                                                                                                                                                                 Direksi
Board of Directors                                                                                                                                                           Board of Directors




7.    Menyiapkan RKA Perusahaan dan              7.   To prepare the Annual Business Plan &        13. Menyiapkan dan menyampaikan             13. To prepare and submit the Annual
      menyampaikannya kepada Dewan                    Budget and submit them to the Board              Laporan Tahunan kepada OJK                  Report to the Financial Services
      Komisaris selambatnya 30 hari                   of Commissioners at the latest                   selambat-lambatnya pada akhir bulan         Authorities at the latest by the end
      sebelum dimulainya tahun buku yang              30 days prior to the commencement                keempat sejak tahun buku berakhir           of the fourth month following the
      akan datang guna mendapatkan                    of the next fiscal year in order to obtain       atau pada tanggal pemanggilan RUPS          completion of the fiscal year or on
      persetujuan dan pengesahan                      approval and ratification                        Tahunan Perusahaan, mana yang lebih         the date of the Annual GMS invitation,
                                                                                                       dahulu                                      whichever is earlier
8. Membangun dan melaksanakan                    8. To develop and implement the
   program manajemen risiko korporasi               integrated enterprise risk management          14. Memastikan tersedianya Laporan          14. To ensure the availability of the
   secara terpadu yang merupakan                    program as part of the GCG                         Tahunan kepada Pemegang Saham               Annual Report for the Company’s
   bagian dari pelaksanaan tata kelola              implementation                                     Perusahaan paling lambat pada               Shareholders at the latest by the end
                                                                                                       akhir bulan ke-4 (empat) sejak              of the fourth month following the
9. Menetapkan kebijakan tentang                  9. To stipulate a policy on the effective
                                                                                                       tahun buku berakhir atau pada               completion of the fiscal year or on the
   Sistem Pengendalian Internal yang                Internal Control System to secure
                                                                                                       tanggal pemanggilan RUPS Tahunan            date of the Company’s Annual GMS
   efektif untuk mengamankan investasi,             investments, business activities and
                                                                                                       Perusahaan, mana yang lebih dahulu          invitation, whichever is earlier
   kegiatan usaha dan aset Perusahaan               assets of the Company
                                                                                                   15. Menyelenggarakan RUPS Tahunan           15. To conduct the Annual GMS at the
10. Menyusun sistem akuntansi sesuai             10. To develop an accounting system
                                                                                                       selambat lambatnya bulan keenam             latest of six months after the end of
    Standar Akuntansi Keuangan                       based Financial Accounting
                                                                                                       setelah tahun buku berakhir                 the fiscal year
    dan berdasarkan prinsip prinsip                  Standards and internal control
    pengendalian internal, terutama                  principles, especially the separation         16. Memanggil dan menyelenggarakan          16. To invite and implement the Annual
    pemisahan fungsi pengurusan,                     of management, recording, filing and              RUPS Tahunan dan/atau RUPS Luar             GMS and/or the Extraordinary GMS
    pencatatan, penyimpanan dan                      monitoring functions                              Biasa menurut cara dan waktu sesuai         in accordance with the practice
    pengawasan                                                                                         dengan ketentuan Anggaran Dasar             and timing as provisioned by the
                                                                                                       Perusahaan dan perundang-undangan           Company’s Articles of Association and
11. Mengadakan dan memelihara                    11. To establish and maintain the
                                                                                                       yang berlaku                                prevailing rules and regulations
    pembukuan dan administrasi                       Company’s bookkeeping and
    Perusahaan untuk menghasilkan                    administration in order to create             17. Memiliki fungsi Sekretaris Perusahaan   17. To have a Corporate Secretary
    penyelenggaraan pembukuan yang                   an orderly bookkeeping system,                                                                function
    tertib, kecukupan modal kerja dengan             adequate working capital with efficient
                                                                                                   18. Membuat, menyimpan dan memelihara       18. To prepare, file and maintain Company
    biaya modal yang efisien, struktur               capital expenditures, a healthy and
                                                                                                       dokumen Perusahaan di tempat                documents in the Company’s domicile,
    neraca yang baik dan kokoh, penyajian            strong balance sheet structure, timely
                                                                                                       kedudukan Perusahaan, antara lain           among other the shareholders’
    laporan dan analisa keuangan tepat               and accurate reporting of financial
                                                                                                       daftar pemegang saham, risalah              register, GMS minutes of meeting,
    waktu dan akurat serta prinsip prinsip           statements and analysis as well as
                                                                                                       RUPS, risalah rapat Dewan Komisaris         minutes of meetings of the Board
    lain sesuai dengan kelaziman yang                other principles in accordance with
                                                                                                       dan risalah rapat Direksi, Laporan          of Commissioners and the Board of
    berlaku bagi suatu perusahaan                    common practices within a company
                                                                                                       Tahunan dan dokumen keuangan                Directors, Annual Reports and the
12. Menyampaikan Laporan Keuangan,               12. To submit Financial Statements                    serta dokumen-dokumen Perusahaan            Company’s financial documents
    laporan berkala lainnya kepada                   and other periodic reports to the                 lainnya                                     as well as other documents of the
    Pemegang Saham sesuai dengan                     Shareholders in accordance with                                                               Company
    ketentuan perundang-undangan yang                prevailing rules and regulations
                                                                                                   19. Mengungkapkan informasi penting         19. To disclose important information
    berlaku
                                                                                                       terkait Perusahaan dalam Laporan            related to the Company in the Annual
                                                                                                       Tahunan dan Laporan Keuangan                Reports and Financial Statements
                                                                                                       kepada Pemegang Saham atau pihak            to the Shareholders or other parties,
                                                                                                       lain, sesuai peraturan perundang-           in accordance with prevailing rules
                                                                                                       undangan yang berlaku secara tepat          and regulations in a timely, accurate,
                                                                                                       waktu, akurat, jelas dan objektif           evident and objective manner


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     Corporate Governance                                                                     Corporate Governance



Direksi                                                                                                              Direksi
Board of Directors                                                                                        Board of Directors




20. Mengadakan rapat Direksi sekurang-           20. To conduct Board of Directors
    kurangnya satu kali setiap satu bulan            meetings at least once in a month in
    sesuai dengan peraturan perundang-               accordance with prevailing rules and
    undangan yang berlaku                            regulations

21. Menjaga kerahasiaan data dan/atau            21. To maintain the confidentiality of the
    informasi Perusahaan                             Company’s data and/or information

22. Memastikan Perusahaan melakukan              22. To ensure the implementation of
    tanggung jawab sosialnya                         the Company’s corporate social
                                                     responsibilities

23. Meningkatkan kompetensi                      23. To continuously enhance competence
    dan pengetahuannya secara                        and knowledge in order to
    berkesinambungan untuk menjalankan               professionally conduct duties as
    tugasnya sebagai Direksi Perusahaan              Directors of the Company
    secara profesional
24. Menginformasikan kepada Sekretaris           24. To inform the Corporate Secretary
    Perusahaan mengenai kepemilikan                  regarding share ownership in the
    sahamnya di Perusahaan, termasuk                 Company, including any changes,
    setiap perubahannya untuk dilaporkan             to be reported to the regulator in
    kepada regulator sesuai dengan                   accordance with prevailing rules and
    peraturan perundangan yang berlaku               regulations

25. Menginformasikan kepada Sekretaris           25. To inform the Corporate Secretary
    Perusahaan setiap dan seluruh jabatan            about each and every position in
    pada perusahaan lain, termasuk                   other companies, including positions
    perusahaan terbuka lainnya, termasuk             in other listed companies, counting
    jabatan dalam komite-komite yang                 also positions in committees under
    ada di bawah Dewan Komisaris                     the Board of Commissioners of other
    perusahaan terbuka lainnya (bila ada)            listed companies (if any)

26. Melaksanakan kewajiban lainnya               26. To conduct other duties in order to
    dalam rangka melaksanakan tugas                  carry out tasks and responsibilities
    dan tanggung jawabnya, sepanjang                 as members of the Board of
    tidak bertentangan dengan peraturan              Commissioners, as long as they do
    perundang-undangan yang berlaku,                 not conflict with prevailing rules and
    Anggaran Dasar Perusahaan dan/atau               regulations, the Company’s Articles of
    keputusan RUPS Perusahaan                        Associations and/or Company’s GMS
                                                     resolutions




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     Corporate Governance                                                                                                                                                                                    Corporate Governance



Direksi                                                                                                                                                                                                                                      Direksi
Board of Directors                                                                                                                                                                                                             Board of Directors




                                                                                                                                     Direksi                                            Pembagian Tugas
                     Pembagian Tugas, Tanggung Jawab & Wewenang Setiap Anggota Direksi                                          Board of Directors                                      Division of Duties
             Division of Duties, Responsibilities & Authorities of Each Member of the Board of Directors

                                                                                                                                                     •   Memastikan operasional keuangan dilaksanakan sesuai dengan ketentuan
           Direksi                                                  Pembagian Tugas                                                                      kepatuhan dan pilar tata kelola perusahaan
      Board of Directors                                            Division of Duties                                                                   Ensuring that financial operations are carried out in accordance with compliance
                                                                                                                                                         requirements and corporate governance pillars
                                                                                                                                                     •   Memantau kinerja keuangan dan melakukan analisis penilaian terhadap aset
    Michael                      •    Mengarahkan dan mengawasi strategi bisnis perusahaan sesuai dengan rencana                                         perusahaan
    Presiden Direktur                 jangka panjang perusahaan                                                                                          Monitoring financial performance and performing valuation analysis on company
    President Director                Overseeing and driving the Company’s strategic direction in accordance with the                                    assets
                                      Company’s long-term plans
                                 •    Memutuskan “key improvement” untuk memastikan keberlanjutan bisnis dan
                                                                                                                              Meinar Kusumastuti     •   Memastikan semua kebutuhan hukum baik non-litigasi dan litigasi Perusahaan
                                      Perusahaan
                                                                                                                              Direktur legal &           ditangani dengan baik tanpa adanya perselisihan yang merugikan
                                      Deciding key improvements to ensure business and Company sustainability
                                                                                                                              Communications             Ensuring all non-litigation and litigation legal needs of the Company are well
                                 •    Memantau kinerja Perusahaan dan bisnis serta bertanggung jawab untuk                    Legal &                    handled with no harmful disputes
                                      melaporkan ke key shareholder                                                           Communications
                                      Monitoring corporate and business performance as well as responsible report to                                 •   Mengelola kepatuhan terhadap regulasi Perusahaan, mengarahkan dalam
                                                                                                                              Director
                                      key shareholder                                                                                                    hal mengidentifikasi dan menyelesaikan potensi masalah serta risiko hukum
                                                                                                                                                         sehubungan dengan aktivitas, operasi dan inisiatif strategis saat ini serta mengelola
                                 •    Melibatkan key stakeholders untuk memastikan peluang bisnis serta tata kelola dan
                                      kepatuhan perusahaan                                                                                               urusan litigasi
                                      Engaging with key stakeholders to ensure business opportunities as well as                                         Managing the Company's regulatory compliance and taking the lead in identifying
                                      Company’s governance and compliance                                                                                and addressing potential legal issues and risks for current activities, operations and
                                 •    Mengarahkan pengembangan bisnis Perusahaan secara keseluruhan dan komersial                                        strategic initiatives and managing litigation
                                      Directing overall Company’s business development and commercial                                                •   Mengarahkan serta mengembangkan strategi komunikasi yang efektif dan
                                                                                                                                                         komprehensif untuk memastikan citra perusahaan yang positif dan kuat
                                                                                                                                                         Directing as well as developing an effective and comprehensive communications
                                                                                                                                                         strategy to ensure a positive and strong corporate brand image
    Kartika Hendrawan            •    Mempertahankan daya saing Perusahaan di pasar untuk memastikan stabilitas
                                                                                                                                                     •   Mengelola strategi Environmental, Social & Governance (ESG) Perusahaan,
    Direktur Investment               dan pertumbuhan bisnis
                                      Maintaining the Company’s competitiveness in the market to ensure business                                         memastikan keselarasan dengan tujuan bisnis, persyaratan regulasi dan tujuan
    Chief Investment
    Officer                           stability and growth                                                                                               keberlanjutan untuk meningkatkan reputasi Perusahaan serta kepercayaan
                                                                                                                                                         pemangku kepentingan
                                 •    Membangun hubungan yang kuat dengan key stakeholders termasuk lembaga
                                      keuangan untuk memastikan perusahaan yang berkelanjutan                                                            Managing the Company’s Environmental, Social and Governance (ESG) strategy,
                                      Building a strong relationship with key stakeholders including financial institutions                              ensuring alignment with business objectives, regulatory requirements and
                                      to ensure the organization’s sustainability                                                                        sustainability goals to enhance corporate reputation as well as stakeholder trust
                                 •    Memutuskan strategi investasi dengan mempertimbangkan risiko dan potensi
                                      bisnis
                                                                                                                              Iman Darus Hikhman     •   Memastikan eksekusi peluang bisnis ke dalam portofolio perusahaan mulai
                                      Deciding the investment strategies by considering business risks and potentials
                                                                                                                              Direktur Mining &          dari perolehan prospek, bidding, pengembangan proposal, studi kelayakan,
                                 •    Menyiapkan dan terus membina rencana modal jangka panjang Perusahaan dan                Mine Services              pengembangan business model, hingga uji coba proyek di bisnis layanan
                                      terus mengeksplorasi serta merekomendasikan return on investment untuk setiap           Mining & Mine              pertambangan & tambang
                                      belanja modal dan investasi                                                             Services Director          Ensuring the execution of the business opportunities into corporate portfolios from
                                      Preparing and continuously developing the Company’s long-term capital plan,
                                                                                                                                                         lead generation, bidding, proposal development, feasibility study and business
                                      while consistently exploring and recommending the return on investment for each
                                      capital expenditure and investment                                                                                 model development, until project piloting in mining & mine services business
                                                                                                                                                     •   Mengembangkan dan membina mitra strategis untuk mengembangkan bisnis,
                                                                                                                                                         sambil mencari dan menentukan peluang bisnis baru dari key account Perusahaan
    Ruddy Santoso                 •   Mengarahkan dan mengendalikan risiko perencanaan keuangan Perusahaan                                               Developing and managing strategic partnerships to grow business, while seeking
    Direktur Keuangan                 dan aspek komersial yang selaras dengan strategi organisasi                                                        and spotting new business opportunities from Company's key account
    Chief Financial Officer           Directing and controlling the Company's financial planning risk and commercial                                 •   Membangun hubungan yang kuat dengan klien, key stakeholders dan memastikan
                                      aspects aligning with the organization’s strategy                                                                  kepuasan klien terhadap pelayanan
                                  •   Melakukan perencanaan keuangan untuk memastikan operational excellence                                             Building strong relationships with clients, key stakeholders while ensuring client
                                      dan keberlanjutan bisnis Perusahaan                                                                                satisfaction with the services provided
                                      Conducting the Company’s financial planning to ensure Company's operational
                                                                                                                                                     •   Memimpin dan mengarahkan tim operasional dalam melaksanakan kontrak dan
                                      excellence and business sustainability
                                                                                                                                                         mengoptimalkan operational excellence
                                  •   Mengawasi dan mengevaluasi pembiayaan dan struktur permodalan Perusahaan
                                                                                                                                                         Leading and driving the operational team on the contract delivery and optimize
                                      Controlling and evaluating the organization’s corporate financing and capital
                                                                                                                                                         operational excellence
                                      structure
                                                                                                                                                     •   Memantau aspek komersial di seluruh portofolio, menilai efektivitas dan
                                                                                                                                                         mengusulkan tindakan perbaikan
                                                                                                                                                         Monitoring commercial aspects across the portfolio, assess effectiveness and
                                                                                                                                                         propose corrective action




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     Corporate Governance                                                                                                                          Corporate Governance



Direksi                                                                                                                                                                    Direksi
Board of Directors                                                                                                                                              Board of Directors




KOMITE DI BAWAH DIREKSI                    COMMITTEES BELOW THE BOARD OF            MASA TUGAS                                     TERM OF OFFICE
                                           DIRECTORS                                Sesuai Anggaran Dasar Perusahaan,              In accordance with the Company’s
Perusahaan tidak memiliki komite yang      The Company does not have committees     anggota Direksi diangkat oleh RUPS,            Articles of Association, members of the
mendukung pelaksanaan tugas Direksi.       that support the implementation of the   masing-masing untuk jangka waktu               Board of Directors are appointed by the
                                           duties of the Board of Directors.        terhitung sejak pengangkatannya                GMS, each for a period starting from their
                                                                                    sampai penutupan RUPS Tahunan ketiga           appointment until the closing of the next
PENGANGKATAN, PEMBERHENTIAN &              APPOINTMENT, DISMISSAL & TERM OF         berikutnya, dengan tidak mengurangi            third Annual GMS, without prejudice to the
MASA TUGAS DIREKSI                         OFFICE FOR THE BOARD OF DIRECTORS        RUPS untuk memberhentikannya sewaktu-          GMS to dismiss them at any time.
                                                                                    waktu.
PENGANGKATAN                               APPOINTMENT
Anggota Direksi diangkat oleh para         Members of the Board of Directors are    Anggota Direksi dapat diangkat kembali         Members of the Board of Directors can
Pemegang Saham berdasarkan                 appointed by the Shareholders based      untuk masa tugas berikutnya. Perusahaan        be re-appointed for the next terms of
rekomendasi Komite Nominasi &              on the Nomination & Remuneration         tidak memberikan batasan jumlah periode        office. The Company does not limit
Remunerasi yang disampaikan melalui        Committee’s recommendation,              tugas anggota Direksi, karena menjunjung       the terms of office Board of Directors
Dewan Komisaris dan diajukan nominasi      which is put forward by the Board of     hak Pemegang Saham untuk mengangkat            members, because it upholds the right
tersebut di RUPS.                          Commissioners and nominated during the   dan memberhentikan anggota Direksi             of shareholders to appoint and dismiss
                                           GMS.                                     melalui RUPS.                                  members of the Board of Directors
                                                                                                                                   through the GMS.
Prosedur Pengangkatan Anggota Direksi      Appointment Procedure for Board of
                                           Directors Members                        RAPAT DIREKSI TAHUN 2025                       BOARD OF DIRECTORS MEETING IN 2025
Pemegang saham pengendali memberikan       The controlling shareholder              Sesuai ketentuan di dalam Board Manual,        In accordance with the Board Manual,
usulan kepada Komite Nominasi dan          proposes names to the Nomination         Anggaran Dasar dan Pasal 16 ayat 1 POJK        Articles of Associations and Article
Remunerasi, yang kemudian membahas         and Remuneration Committee,              33/2014, Direksi wajib untuk mengadakan        16 paragraph 1 of POJK 33/2014, the
usulan calon anggota Direksi. Hasil dari   which then discusses the proposal.       rapat Direksi paling sedikit satu kali dalam   Board of Directors must hold a Board of
pembahasan tersebut disampaikan            The result of the deliberation is        satu bulan (12 rapat dalam setahun).           Directors meeting at least once a month (12
sebagai rekomendasi kepada Dewan           submitted as a recommendation to                                                        meetings every year).
Komisaris untuk diajukan kepada RUPS.      the Board of Commissioners to be put
                                                                                    Board Manual juga menjelaskan terkait          The Board Manual also explains the
Apabila Dewan Komisaris menyetujui         forward to the GMS. If the Board of
                                                                                    penyelenggaraan rapat baik untuk               holding of meetings, both for scheduled
rekomendasi komite, usulan calon           Commissioners approve the committee’s
                                                                                    rapat terjadwal dan yang tidak terjadwal       and unscheduled meetings, including
anggota Direksi disampaikan kepada         recommendation, the proposed names
                                                                                    termasuk terkait penyampaian bahan             the delivery of meeting materials. For
RUPS. Melalui RUPS, para Pemegang          of the Board of Directors members are
                                                                                    rapat. Untuk rapat yang telah dijadwalkan,     scheduled meetings, the meeting
Saham memutuskan untuk menerima atau       put forward to the GMS. Through the
                                                                                    bahan rapat disampaikan kepada peserta         materials are delivered to the meeting
menolak usulan tersebut serta menyetujui   GMS, the Shareholders decide to accept
                                                                                    rapat paling lambat lima hari sebelum          participants no later than five days before
pengangkatan anggota Direksi.              or reject the proposal and approve the
                                                                                    rapat diselenggarakan sedangkan untuk          the meeting is held, while for unscheduled
                                           appointment of members of the Board of
                                                                                    rapat yang tidak terjadwal, bahan rapat        meetings, the meeting materials are
                                           Directors.
                                                                                    disampaikan kepada peserta rapat paling        delivered to the meeting participants
                                                                                    lambat sebelum rapat diselenggarakan.          no later than before the meeting is held.
PEMBERHENTIAN                              DISMISSAL
                                                                                    Sepanjang tahun 2025, Direksi telah            During 2025, the Board of Directors held
Pemberhentian anggota Direksi dapat        The dismissal of members of the Board    menyelenggarakan 33 rapat.                     33 meetings.
dilakukan oleh para pemegang saham         of Directors are carried out by the
melalui RUPS.                              shareholders through the GMS).




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     Corporate Governance                                                                                                               Corporate Governance



Direksi                                                                                                                                                            Direksi
Board of Directors                                                                                                                                      Board of Directors




                                                 Berikut adalah frekuensi kehadiran rapat                         The following is the frequency and
                                                 Direksi sepanjang tahun 2025.                                    attendance of Board of Directors
                                                                                                                  meetings throughout 2025.




                                                                                                   Rapat Direksi 2025
                                                                                            Board of Directors Meetings in 2025


                                                                                                                                    Anggota Direksi
                                                             Tanggal                                                         Members of the Board of Directors
                                                  No.                                   Agenda
                                                              Date
                                                                                                                    MIC           KHE      RSA         MKU         IHI

                                                  1       6 Jan 2025               Bi-Weekly Meeting                ✔             ✔         ✔            -         ✔


                                                  2       3 Feb 2025               Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  3       8 May 2025               Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  4       26 May 2025              Bi-Weekly Meeting                 -            ✔         ✔           ✔          ✔


                                                  5       23 Jun 2025              Bi-Weekly Meeting                ✔             ✔         ✔           ✔           -


                                                  6       7 Jul 2025               Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  7       18 Aug 2025              Bi-Weekly Meeting                ✔             ✔         ✔           ✔           -


                                                  8       1 Sep 2025               Bi-Weekly Meeting                ✔              -        ✔           ✔          ✔


                                                  9       29 Sep 2025              Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  10      13 Oct 2025              Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  11      27 Oct 2025              Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  12      8 Dec 2025               Bi-Weekly Meeting                ✔             ✔         ✔           ✔          ✔


                                                  13      29 Dec 2025              Bi-Weekly Meeting                ✔             ✔         ✔           ✔           -


                                                       Persentase Kehadiran
                                                                                                                   92%            92%     100%        92%          77%
                                                       Attendance Percentage




                                                 Keterangan/Notes:
                                                 Singkatan/Abbreviation:
                                                 MIC = Michael, KHE = Kartika Hendrawan, RSA = Ruddy Santoso, MKU = Meinar Kusumastuti, IHI = Iman Darus Hikhman




                                                 Selain mengadakan 13 rapat formal, Direksi                       In addition to the 13 formal meetings
                                                 juga melaksanakan 20 rapat project                               held, the Board of Directors convened 20
                                                 proposal review sepanjang tahun 2025                             project proposal review sessions during
                                                 sebagai bagian dari proses evaluasi dan                          2025 as part of its evaluation process and
                                                 pengambilan keputusan strategis.                                 strategic decision-making.



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     Corporate Governance                                                                                                                                                     Corporate Governance



Direksi                                                                                                                                                                                                     Direksi
Board of Directors                                                                                                                                                                               Board of Directors




RAPAT GABUNGAN TAHUN 2025                   JOINT MEETINGS IN 2025
                                                                                                                         Rapat Gabungan dengan Dewan Komisaris 2025
Rapat gabungan Direksi dan Dewan            The Board of Directors and Board of                                           Joint Meetings with the Board of Commissioners in 2025

Komisaris Perusahaan merupakan bentuk       Commissioners joint meeting is an act
                                                                                                                                 Anggota Dewan Komisaris                            Anggota Direksi
koordinasi antara Direksi dan Dewan         of coordination between the Board of                   Tanggal
                                                                                                                            Members of the Board of Commissioners            Members of the Board of Directors
                                                                                          NO                   Agenda
Komisaris, antara lain untuk membahas       Directors and Board of Commissioners,                    Date
                                                                                                                         OSI     ECI     DMA      GKA     SUT      SUN     MIC     KHE     RSA      MKU      IHI
laporan-laporan periodik Direksi, kondisi   among others to discuss the Board of
dan prospek usaha, kebijakan nasional       Directors’ periodic reports, business
                                                                                                  20 Oct
maupun internasional yang berdampak         conditions and prospects, national             1
                                                                                                  2025
                                                                                                               3Q 2025    ✔       ✔       ✔       ✔        ✔       ✔        ✔       ✔       ✔        ✔       ✔

pada kinerja Perusahaan, serta rencana      and international policies affecting
kerja. Dewan Komisaris dapat memberikan     the Company’s performance, as                         10 Dec        ABP
                                                                                          2                               ✔       ✔       ✔        ✔       ✔       ✔        ✔       ✔       ✔        ✔       ✔
                                                                                                  2025          2026
tanggapan, catatan dan nasihat yang         well as business plan. The Board of
dituangkan dalam suatu risalah rapat,       Commissioners may also give feedback,
                                                                                                  10 Dec        SBP 5
serta hal lain yang dianggap perlu,         notes and advice recorded in the              3
                                                                                                  2025          Years
                                                                                                                          ✔       ✔       ✔        ✔       ✔       ✔        ✔       ✔       ✔        ✔       ✔

termasuk untuk persiapan RUPS maupun        minutes as well as other relevant matters,
pembahasan Laporan Tahunan.                 including the preparation for the GMS and          Persentase Kehadiran
                                                                                                                         100%   100%     100%    100%    100%     100%    100%     100%   100%      100%    100%
                                                                                               Attendance Percentage
                                            discussions regarding the Annual Report.

Sesuai dengan ketentuan Board Manual,       In accordance with Board Manual,
Anggaran Dasar dan Pasal 31 ayat 3 POJK     Articles of Associations and Article 31      RENCANA RAPAT TAHUN 2026                                        2026 MEETING SCHEDULE
33/2014, Direksi wajib mengadakan rapat     paragraph 3 POJK 33/2014, the Board
                                                                                         Perusahaan telah menyusun rencana kerja                         The Company has prepared the 2026 work
bersama (gabungan) dengan Dewan             of Commissioners is obliged to conduct
                                                                                         tahun 2026 sesuai dengan tugas dan                              plan in accordance with the duties and
Komisaris paling kurang satu kali dalam     joint meetings with the Board of Directors
                                                                                         tanggung jawab Direksi yang tertuang di                         responsibilities of the Board of Directors
setiap empat bulan (tiga rapat dalam        at least once every four months (three
                                                                                         dalam Board Manual.                                             as stipulated in the Board Manual.
setahun).                                   meetings annually).
                                                                                         Rapat Direksi dan Dewan Komisaris                               Meetings of the Board of Directors and the
                                                                                         yang membahas rencana kerja tahunan                             Board of Commissioners discussing the
Sepanjang tahun 2025, Direksi bersama       During 2025, the Board of Directors and      dan rencana kerja jangka panjang,                               annual work plan and long-term work plan
Dewan Komisaris telah menyelenggarakan      the Board of Commissioners held three        juga telah menentukan jadwal rapat ke                           have also set the meeting schedule into
tiga rapat gabungan. Berikut adalah         joint meetings. The following are the        dalam kalender korporasi yang disahkan                          the corporate calendar, which was ratified
frekuensi dan kehadiran rapat gabungan      frequency and attendance rate of joint       bersamaan dengan rencana kerja tahunan                          together with the Company’s annual work
sepanjang 2025.                             meetings throughout 2025.                    Perusahaan.                                                     plan.

                                                                                         Rencana rapat ini sesuai dengan ketentuan                       The meeting schedule complies with
                                                                                         POJK 33/2014 dimana Direksi wajib untuk                         the provisions of POJK 13/2014, which
                                                                                         mengadakan rapat Direksi setidaknya satu                        stipulates that the Board of Directors
                                                                                         kali dalam satu bulan.                                          must convene meetings at least once per
                                                                                                                                                         month.

                                                                                         Di samping itu, Direksi juga wajib                              In addition, the Board of Directors is also
                                                                                         mengadakan rapat bersama atau rapat                             required to hold joint meetings with the
                                                                                         gabungan dengan Dewan Komisaris                                 Board of Commissioners at least once
                                                                                         sedikitnya sekali setiap empat                                  every four months. The Board of Directors
                                                                                         bulan. Direksi juga dapat meminta                               may also request that meetings be held
                                                                                         diselenggarakannya rapat di luar jadwal                         outside the predetermined schedule.
                                                                                         yang telah ditentukan sebelumnya.


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Direksi                                                                                                                                                                           Direksi
Board of Directors                                                                                                                                                     Board of Directors




Sesuai ketentuan di atas, Perusahaan telah       As mentioned above, the Company has           anggaran tahunan Perusahaan. Evaluasi      business plan and budget. The evaluation
merumuskan rencana minimum 12 Rapat              formulated a plan to conduct a minimum 12     kinerja Direksi dilakukan oleh Komite      of the Board of Directors’ performance
Direksi dan tiga rapat gabungan bersama          Board of Directors Meetings and three joint   Nominasi & Remunerasi dengan               is conducted by the Nomination &
Dewan Komisaris ke dalam rencana kerja           meetings with the Board of Commissioners      berpedoman kepada Key Performance          Remuneration Committee, with Key
tahunan 2026 untuk dilaksanakan pada             into the annual business plan 2026 to be      Indicators (KPI) yang ditetapkan oleh      Performance Indicators (KPI) that are
tahun 2026.                                      implemented in 2026.                          Dewan Komisaris dan berdasarkan kepada:    defined by the Board of Commissioners
                                                                                                                                          based on:
PENINGKATAN KOMPETENSI                           COMPETENCY IMPROVEMENT
                                                                                               •   Pencapaian target keuangan dan         •   Achievement of the Company’s
Setiap anggota Direksi berhak dan                Each member of the Board of Directors has         operasional yang tertuang dalam            financial and operational targets as
berkewajiban untuk terus meningkatkan            the right and obligation to continuously          rencana kerja dan anggaran tahunan         stated in the annual business plan and
kompetensi untuk mendukung tugas                 improve their competencies to support                                                        budget
dan tanggung jawabnya. Oleh karena               their duties and responsibilities.            •   Pencapaian target Keselamatan,         •   Achievement of Safety, Health &
itu, Perusahaan memastikan bahwa                 Therefore, the Company ensures that the           Kesehatan Kerja & Lingkungan (K3L)         Environment (SHE) targets
peningkatan kompetensi ini dilakukan             competency improvement is conducted           •   Manajemen risiko, pengendalian         •   Internal control, corporate
secara optimal oleh setiap masing-masing         optimally by each member of the Board of          internal, tata kelola perusahaan,          governance, as well as compliance
anggota Direksi.                                 Directors.                                        serta ketaatan terhadap peraturan          with prevailing rules and regulations
                                                                                                   perundang-undangan yang berlaku
PENDIDIKAN & PELATIHAN DIREKSI                   EDUCATION & TRAINING FOR THE                  •   Pengelolaan dan pemutakhiran           •   Management and updating of business
                                                 BOARD OF DIRECTORS                                business process                           processes
                                                                                               •   Pengelolaan talent management          •   Effective talent management
Kegiatan peningkatan kompetensi baik             Competency enhancement activities
                                                                                                   secara efektif
melalui pendidikan dan pelatihan yang            both through education and training
diikuti Direksi sepanjang tahun 2025 dapat       that the Board of Directors participated
                                                                                               Proses penilaian mencakup telaah Komite    The process of evaluation includes
dilihat pada bab Profil dalam Laporan            throughout 2025 can be seen in the Profile
                                                                                               Nominasi & Remunerasi serta pelaporan      the review from of the Nomination &
Tahunan ini.                                     chapter in this Annual Report.
                                                                                               kepada Dewan Komisaris. Laporan kinerja    Remuneration Committee as well as the
                                                                                               Direksi dibahas dalam Rapat Dewan          reporting to the Board of Commissioners.
PROGRAM ORIENTASI ANGGOTA                        NEW MEMBERS OF THE BOARD OF
                                                                                               Komisaris, kemudian disampaikan kepada     The Board of Directors’ performance
DIREKSI BARU                                     DIRECTORS ORIENTATION PROGRAM
                                                                                               RUPS.                                      report is discussed in the Board of
Berdasarkan hasil RUPST 21 April 2025,           Based on the results of AGMS held on                                                     Commissioners Meeting and is then
tidak ada pengangkatan anggota                   21 April 2025, there was no appointment                                                  submitted to the GMS.
Direksi baru, sehingga Perusahaan tidak          of new members to the Board of Directors.
melaksanakan program orientasi bagi              Accordingly, the Company did not              Pada tahun 2025, Komite Nominasi           in 2025, the Nomination & Remuneration
anggota Direksi baru.                            conduct an orientation program for new        & Remunerasi telah menyampaikan            Committee submitted the Board of
                                                 members of the Board of Directors.            laporan penilaian kinerja Direksi kepada   Directors performance evaluation report
                                                                                               Dewan Komisaris, yang kemudian             to the Board of Commissioners, which in
PENILAIAN KINERJA DIREKSI                        PERFORMANCE EVALUATION FOR THE                menyampaikannya kepada RUPST               turn submitted the report to the AGMS of
                                                 BOARD OF DIRECTORS                            21 April 2025 dan para pemegang saham      21 April 2025, with shareholders approving
                                                                                               menerima laporan tersebut dengan baik.     the report.
Secara umum, penilaian kinerja Direksi           In general, the appraisal of the Board of
ditentukan setiap tahun berdasarkan              Directors’s performance is conducted
pencapaian dari rencana kerja dan                annually, based on the Company’s




406       Laporan Tahunan / Annual Report 2025                                                                                                                 PT Petrosea Tbk 407
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     Tata Kelola Perusahaan                                                                                                                                                 Tata Kelola Perusahaan
     Corporate Governance                                                                                                                                                   Corporate Governance



Direksi                                                                                                                                                                                                 Direksi
Board of Directors                                                                                                                                                                          Board of Directors




KEPEMILIKAN SAHAM OLEH ANGGOTA                   SHARE OWNERSHIP OF MEMBERS OF                atas integritas yang baik dan memiliki                    process includes an assessment of good
DIREKSI                                          THE BOARD OF DIRECTORS                       pengetahuan dan/atau keahlian di                          integrity and having knowledge and/
                                                                                              bidang yang dibutuhkan oleh Perusahaan                    or expertise in the fields required by
Terkait kepemilikan saham oleh anggota           Related to share ownership of members
                                                                                              sedangkan proses remunerasi bagi                          the Company, while the remuneration
Dewan Komisaris maupun Direksi,                  of the Board of Commissioners or Board
                                                                                              Dewan Komisaris dan Direksi ditetapkan                    process for the Board of Commissioners
Perusahaan mengikuti ketentuan POJK              of Directors, the Company follows the
                                                                                              berdasarkan praktik terbaik yang berlaku                  and Board of Directors is determined
No. 4 Tahun 2023 tentang Laporan                 provisions of POJK No. 4 of 2023
                                                                                              dan sesuai dengan Undang-Undang No. 40                    based on applicable best practices and
Kepemilikan atau Setiap Perubahan                regarding Reports on Ownership or Any
                                                                                              Tahun 2007 tentang Perseroan Terbatas                     in accordance with Law No. 40 of 2007
Kepemilikan Saham Perusahaan Terbuka             Changes in Ownership of Shares in a Public
                                                                                              dan Anggaran Dasar Perusahaan.                            regarding Limited Liability Companies and
dan Laporan Aktivitas Menjaminkan                Company and Reports on Activities of
                                                                                                                                                        the Company’s Articles of Association.
Saham Perusahaan Terbuka jo. SEOJK               Pledging Shares In A Public Company jo.
No. 10/SEOJK.04/2025 tentang                     SEOJK No. 10/SEOJK.04/2025 regarding
                                                                                              PROSEDUR PENETAPAN REMUNERASI                             REMUNERATION DETERMINATION
Penyampaian Laporan Kepemilikan atau             Submission of Ownership Reports or Any
                                                                                                                                                        PROCEDURE
Setiap Perubahan Kepemilikan Saham               Changes in Ownership of Public Company
Perusahaan Terbuka dan Laporan Aktivitas         Shares and Reports on Activities of Pledge   Kewenangan untuk menetapkan                               The authority to determine the
Menjaminkan Saham Perusahaan Terbuka             of Public Company Shares Electronically.     remunerasi Dewan Komisaris dan Direksi                    remuneration of the Board of
secara Elektronik. Dapat dilaporkan              It can be reported that one member of        ada pada RUPS, namun kewenangan untuk                     Commissioners and Board of Directors
bahwa satu anggota Dewan Komisaris               the Board of Commissioners and three         menentukan besaran remunerasi tersebut                    is held by the GMS, but the authority to
dan tiga anggota Direksi memiliki saham          members of the Board of Directors do not     dilimpahkan kepada Dewan Komisaris                        determine the amount of remuneration is
Perusahaan secara tidak langsung maupun          own shares of the Company directly or        berdasarkan rekomendasi dari Komite                       delegated to the Board of Commissioners
tidak langsung.                                  indirectly.                                  Nominasi & Remunerasi.                                    based on recommendations from the
                                                                                                                                                        Nomination & Remuneration Committee.
Kepemilikan saham tersebut dapat dilihat         The share ownership can be viewed in
pada informasi saham Dewan Komisaris             the Board of Commissioners and Board         Berikut adalah prosedur penetapan                         The procedure of determining the
dan Direksi di bab Profil pada halaman           of Directors share information section       remunerasi Dewan Komisaris dan Direksi                    remuneration of the Company’s Board of
184-209 dan bab GCG pada bagian                  in Profile chapter on page 184-209 and       Perusahaan:                                               Commisioners and Board of Directors is as
Kebijakan Pengungkapan Kepemilikan               Policy of Share Ownership Disclosure of                                                                follows:
Saham oleh Anggota Dewan Komisaris               Members of the Board of Commissioners
dan/atau Anggota Direksi pada halaman            and/or Board of Directors section in the
504 di Laporan Tahunan ini.                      GCG chapter on page 504 of this Annual
                                                 Report.                                        Nominasi Dewan
                                                                                                Komisaris & Direksi
                                                                                                Nomination of Board
                                                                                                of Commissioners
                                                                                                & Board of Directors
KEBIJAKAN NOMINASI & REMUNERASI                  NOMINATION & REMUNERATION                                               Komite Nominasi     Rekomendasi
                                                                                                                                           Recommendation   Dewan
                                                                                                                                                                              Persetujuan
                                                                                                                                                                               Approval
                                                                                                                                                                                            RUPS &
                                                                                                                         & Remunerasi                                                       Pendelegasian
                                                                                                                                                            Komisaris
ANGGOTA DEWAN KOMISARIS & DIREKSI                POLICY FOR MEMBERS OF THE BOARD                                         Nomination &
                                                                                                                                                            Board of                        Kewenangan
                                                                                                                         Remuneration
                                                 OF COMMISSIONERS & BOARD OF                    Komponen                 Committee
                                                                                                                                                            Commissioners                   Menentukan
                                                                                                                                                                                            Remunerasi
                                                                                                & Besaran
                                                 DIRECTORS                                      Remunerasi Dewan
                                                                                                                                                                                            GMS & Delegation
                                                                                                                                                                                            of Authority
                                                                                                Komisaris & Direksi
                                                                                                                                                                                            to Determine
Anggota Direksi diangkat berdasarkan             Members of the Board of Directors are          Components
                                                                                                                                                                                            Remuneration
                                                                                                and Amount of
rekomendasi dari Komite Nominasi &               appointed based on recommendations             Remuneration
Remunerasi yang disampaikan melalui              from the Nomination & Remuneration             for the Board of
                                                                                                Commissioners and
Dewan Komisaris dan diajukan nominasi            Committee submitted through the Board          the Board of Directors

tersebut di RUPS. Proses nominasi yang           of Commissioners and the nomination is
dilakukan termasuk dilakukan penilaian           submitted at the GMS. The nomination




408       Laporan Tahunan / Annual Report 2025                                                                                                                                    PT Petrosea Tbk 409
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      Tata Kelola Perusahaan                                                                                                                                          Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                            Corporate Governance



Direksi                                                                                                                                                                                           Direksi
Board of Directors                                                                                                                                                                     Board of Directors




KEBIJAKAN REMUNERASI BERBASIS                    PERFORMANCE-BASED REMUNERATION              STRUKTUR REMUNERASI & BESARAN                    REMUNERATION & AMOUNT STRUCTURE
KINERJA                                          POLICY                                      TAHUN 2025                                       IN 2025
Strategi remunerasi Perusahaan                   The Company's remuneration strategy         Struktur remunerasi dari Dewan Komisaris         The remuneration structure of the
berdasarkan evaluasi terhadap kinerja            is based on an evaluation of short-term     dan Direksi Perusahaan adalah sebagai            Company's Board of Commissioners and
jangka pendek dan jangka panjang, risiko         and long-term performance and the risks     berikut:                                         Directors are as follows:
yang dihadapi Perusahaan dengan melihat          faced by the Company, in addition to
kondisi pasar, perkembangan industri,            market condition industry developments,
posisi jabatan tertentu dan kemampuan            specific job positions and financial                            Komponen Gaji                               Komponen Tunjangan
                                                                                                               Salary Components                            Allowance Components
keuangan.                                        capacity.
                                                                                               Dewan Komisaris / Board of Commissioners
Pembayaran remunerasi setiap tahunnya            Remuneration payments are adjusted
disesuaikan berdasarkan level/grade              annually based on level/grade and                •   Gaji                                •   Asuransi kesehatan
                                                                                                      Salary                                  Health insurance
serta tanggung jawab dalam pengambilan           responsibility for strategic decision-
                                                                                                  •   Insentif kerja jangka pendek        •   Tunjangan hari raya
keputusan strategis. Dalam kondisi               making. Under certain circumstances,
                                                                                                      Short-term insentives                   Religious holiday allowance
tertentu, Perusahaan dapat menunda               the Company may defer payment of
                                                                                                                                          •   Tunjangan akhir tahun
pembayaran remunerasi tersebut.                  remuneration.                                                                                Year end allowance

                                                                                                                                          •   Tunjangan pajak
INDIKATOR PENETAPAN REMUNERASI                   INDICATORS FOR DETERMINING                                                                   Tax allowance
                                                 REMUNERATION                                                                             •   BPJS ketenagakerjaan (jaminan hari tua, jaminan
                                                                                                                                              kecelakan kerja, jaminan kematian, jaminan pensiun)
Dalam menetapkan besaran remunerasi              In determining the amount of remuneration                                                    Social security agency for employment (old-age security,
bagi Dewan Komisaris dan Direksi,                for the Board of Commissioners and Board                                                     employment injury insurance, death benefit)

indikator yang diperhatikan antara lain:         of Directors, the indicators that must be                                                •   BPJS kesehatan
                                                                                                                                              Social Security Agency for Health
                                                 considered include:

•     Faktor skala usaha                         •   Business scale factor                     Direksi / Board of Directors

•     Faktor kompleksitas usaha                  •   Business complexity factor
                                                                                                  •   Gaji                                •   Asuransi kesehatan
•     Tingkat inflasi                            •   Inflation rate                                   Salary                                  Health insurance
•     Kondisi dan kemampuan keuangan             •   Condition and financial capability           •   Insentif kerja jangka pendek        •   Tunjangan hari raya
      Perusahaan                                     of the Company                                   Short-term insentives                   Religious holiday allowance

•     Faktor-faktor lain yang relevan yang       •   Other relevant factors that may                                                      •   Fasilitas dan tunjangan transportasi
      tidak boleh bertentangan dengan                not conflict with prevailing rules                                                       Transportation facilities and benefits

      peraturan perundang-undangan yang              and regulations                                                                      •   Tunjangan telekomunikasi
                                                                                                                                              Telecommunications allowance
      berlaku
                                                                                                                                          •   Tunjangan akhir tahun
                                                                                                                                              Year end allowance

                                                                                                                                          •   Tunjangan pajak
                                                                                                                                              Tax allowance

                                                                                                                                          •   Tunjangan operasional
                                                                                                                                              Operational allowance

                                                                                                                                          •   BPJS ketenagakerjaan (jaminan hari tua, jaminan
                                                                                                                                              kecelakan kerja, jaminan kematian, jaminan pensiun)
                                                                                                                                              Social security agency for employment (old-age security,
                                                                                                                                              employment injury insurance, death benefit)

                                                                                                                                          •   BPJS kesehatan
                                                                                                                                              Social Security Agency for Health




410       Laporan Tahunan / Annual Report 2025                                                                                                                              PT Petrosea Tbk         411
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      Tata Kelola Perusahaan                                                                                                                                                     Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                       Corporate Governance




                                                                                               Komite di Bawah Dewan Komisaris
Direksi
Board of Directors


                                                                                               Committees Below the Board of Commissioners

                                                                                               KOMITE AUDIT, RISK & COMPLIANCE                            AUDIT, RISK & COMPLIANCE COMMITTEE
                                                                                               Perusahaan memiliki Piagam Komite                          The Company has an Audit, Risk &
                                                                                               Audit, Risk & Compliance yang telah                        Compliance Committee Charter which was
                                                                                               disahkan oleh Dewan Komisaris. Piagam                      approved by the Board of Commissioners.
                                                                                               ini menentukan tugas dan tanggung jawab                    This charter defines the duties and
                                                                                               komite serta implementasinya secara                        responsibilities of the committee as well as
                                                                                               independen.                                                its independent implementation.

                                                                                               Sesuai piagam, ruang lingkup kegiatan                      Based on the charter, the scope of the
                                                                                               Komite Audit, Risk & Compliance                            Audit, Risk & Compliance Committee’s
                                                                                               Perusahaan adalah sebagai berikut:                         activities is as follows:




                                                                                                         Ruang Lingkup Kegiatan                                         Uraian
                                                                                                   No
                                                                                                           Scope of Activities                                        Description



                                                                                                   1    Laporan Keuangan           1.   Melakukan penelaahan atas informasi keuangan yang akan dikeluarkan
                                                                                                        Financial Statements            Perusahaan kepada publik atau pihak otoritas antara lain laporan keuangan
                                                                                                                                        dan informasi keuangan lainnya
                                                                                                                                        Reviewing financial information that will be released by the Company to
                                                                                                                                        the public and/or other authorities, such as financial statements and other
                                                                                                                                        related financial information
                                                                                                                                   2.   Melakukan penelaahan bersama manajemen, Audit Internal dan Auditor
                                                                                                                                        Eksternal atas hasil audit termasuk kesulitan yang dihadapi
                                                                                                                                        Together with management, Internal Audit and External Auditor, review the
                                                                                                                                        audit results, including any issues related thereto
                                                                                                                                   3.   Memberikan pendapat independen dalam hal terjadi perbedaan pendapat
                                                                                                                                        antara manajemen dan Auditor Eksternal atas jasa yang diberikannya
                                                                                                                                        Providing an independent opinion if there is a disagreement between the
                                                                                                                                        management and External Auditor for services rendered
Selain komponen diatas, Perusahaan               Apart from the above components, the                                              4. Melakukan penelaahan atas Laporan Tahunan untuk meyakinkan kecukupan
tidak memberikan remunerasi dalam                Company does not provide remuneration                                                konsistensi dan keakuratan informasi
                                                                                                                                      Reviewing the Annual Report to ensure the consistency and accuracy of the
bentuk lainnya. Perusahaan juga tidak            in other forms. The Company also does not                                            information
memiliki kebijakan opsi saham bagi Dewan         have a stock option policy for the Board of
Komisaris dan Direksi.                           Commisioners and Board of Directors.
                                                                                               2        Penunjukan dan Kinerja    Memberikan rekomendasi kepada Dewan Komisaris mengenai penunjukan KAP
Penetapan besaran remunerasi Dewan               The dermination of the amount                          Auditor Eksternal         dan Auditor Eksternal dan melakukan evaluasi terhadap pelaksanaan pemberian
                                                                                                        Appointment and           jasa audit atas informasi keuangan historis tahunan oleh Auditor Eksternal
Komisaris dan Direksi mengacu pada               of remuneration of the Board of                        Performance of the
                                                                                                                                  Provide recommendations to the Board of Commissioners regarding the
Risalah RUPS Tahunan yang menerapkan             Commissioners and Board of Directors                   External Auditor
                                                                                                                                  appointment of Public Accounting Firm and External Auditors and evaluate the
remunerasi untuk tahun buku 2025. Total          follows the Minutes of the GMS that                                              implementation of auditing services for annual historical financial information by
remunerasi Dewan Komisaris adalah                determine the remuneration for the fiscal                                        External Auditors

US$534.000 dan Direksi US$1.140.000.             year 2025. The total remuneration of the
                                                 Board of Commissioners was US$534,000
                                                 and Board of Directors was US$1,140,000.




412       Laporan Tahunan / Annual Report 2025                                                                                                                                           PT Petrosea Tbk            413
Page 208
      Tata Kelola Perusahaan                                                                                                                                                                            Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                              Corporate Governance



Komite di Bawah Dewan Komisaris                                                                                                                                                                           Komite di Bawah Dewan Komisaris
Committees Below the Board of Commissioners                                                                                                                                                Committees Below the Board of Commissioners




            Ruang Lingkup Kegiatan                                        Uraian                                                  Ruang Lingkup Kegiatan                                      Uraian
     No                                                                                                                     No
              Scope of Activities                                       Description                                                 Scope of Activities                                     Description



 3         Sistem                      Memonitor, menelaah dan mendiskusikan dengan manajemen, Auditor Internal         4        Audit Internal            9. Memastikan program asurans dan peningkatan kualitas telah ditetapkan
           Pengendalian Internal       dan Auditor Eksternal mengenai kecukupan dan efektivitas pengendalian                     Internal Audit               dan meninjau hasil program asurans dan peningkatan kualitas tersebut
           Internal Control System     internal atas laporan keuangan, termasuk adanya defisiensi baik dalam desain                                           setiap tahunnya
                                       dan implementasi maupun operasi, yang dapat mengganggu kemampuan                                                       Ensure that quality assurance and improvement programs are established
                                       Perusahaan dalam mencatat, memproses, mengikhtisarkan dan melaporkan                                                   and review the results of these quality assurance and improvement
                                       informasi keuangan                                                                                                     programs annually
                                       Monitor, review and discuss with management, Internal Auditors and External                                         10. Berdiskusi dengan Manajemen dan Kepala Audit Internal untuk
                                       Auditors regarding the adequacy and effectiveness of internal control over                                              menentukan apakah terdapat pembatasan ruang lingkup atau sumber
                                       financial statements including deficiencies in both design, implementation                                              daya yang tidak semestinya
                                       and operations which can interfere with the Company’s ability to record,                                                Discuss with Management and the Head of Internal Audit to determine
                                       process, summarize and report financial information review and discuss with                                             whether there are any inappropriate scope or resource limitations
                                       management, Internal Auditors and External Auditors regarding the adequacy
                                       and effectiveness of internal control over financial statements including
                                       deficiencies in both design, implementation and operations which can interfere
                                                                                                                        5        Pengaduan                 Melakukan penelaahan dan diskusi dengan Manajemen, Audit Internal,
                                       with the Company’s ability to record, process, summarize and report financial
                                                                                                                                 Complaints                Forensic & Investigation dan/atau Eksternal Audit tentang pencegahan,
                                       information
                                                                                                                                                           pendeteksian dan tindak lanjut penanganan laporan pengaduan yang
                                                                                                                                                           berkaitan dengan proses akuntansi dan pelaporan keuangan Perusahaan,
                                                                                                                                                           serta kasus-kasus hukum dan litigasi yang signifikan dihadapi Perusahaan
 4         Audit Internal              1.   Meninjau piagam Audit Internal sebelum disetujui oleh Dewan Komisaris                                          (apabila ada)
           Internal Audit                   dan ditetapkan oleh Direksi                                                                                    Conducting reviews and discussions with Management, Internal Audit,
                                            Review the Internal Audit charter prior for approval by the Board of                                           Forensic & Investigation and/or External Audit regarding prevention, detection
                                            Commissioners and determined by the Board of Directors                                                         and follow-up on handling of complaint reports related to the Company’s
                                       2. Berkolaborasi dengan Manajemen untuk menentukan kualifikasi dan                                                  accounting and financial reporting processes, as well as significant legal cases
                                          kompetensi yang diharapkan organisasi dan Kepala Audit Internal,                                                 and litigation faced by the Company (if any)
                                          sebagaimana dijelaskan dalam standar Audit Internal global
                                          Collaborate with Management to determine the qualifications and
                                          competencies expected of the organization and the Head of the Internal
                                                                                                                        6        Manajemen Risiko          Melakukan penelaahan terhadap aktivitas pelaksanaan manajemen
                                          Audit, as described in global Internal Auditing standards
                                                                                                                                 Risk Management           risiko yang dilakukan oleh Direksi serta melakukan penelaahan terhadap
                                       3. Memberikan pendapat dan saran kepada Dewan Komisaris untuk bahan                                                 pelaksanaan tindakan mitigasi risiko yang dilakukan oleh Direksi
                                          pertimbangan dalam memberikan persetujuan terhadap pengangkatan
                                                                                                                                                           Review the implementation of risk management activities carried out by the
                                          dan pemberhentian Kepala unit Audit Internal
                                                                                                                                                           Board of Directors and review the implementation of risk mitigation actions
                                          Provide opinions and suggestions to the Board of Commissioners for
                                                                                                                                                           performed by the Board of Directors
                                          consideration in providing approval for the appointment and dismissal of
                                          the Head of the Internal Audit Unit
                                       4. Menyetujui rencana Audit Internal berbasis risiko
                                          Approve the risk-based Internal Audit plan                                    7        Kepatuhan                  1.   Melakukan penelaahan dan memastikan pemenuhan atas ketaatan
                                                                                                                                 Compliance                      Perusahaan terhadap ketentuan peraturan perundangan yang berlaku,
                                       5. Menerima komunikasi dari Kepala Audit Internal tentang fungsi Audit
                                                                                                                                                                 terutama peraturan perundang-undangan di bidang Pasar Modal
                                          Internal termasuk kinerjanya dibandingkan dengan rencananya
                                                                                                                                                                 Review and assure the Company’s compliance with prevailing rules and
                                          Receive communications from the Head of Internal Audit regarding the
                                                                                                                                                                 regulations, including specifically capital market rules regulations
                                          Internal Audit function including its performance compared to its plan
                                                                                                                                                            2. Memonitor efektivitas kebijakan dan pelaksanaan manajemen risiko
                                       6. Melakukan penelaahan menyeluruh terhadap aktivitas Audit Internal dan
                                                                                                                                                               fraud yang terkait dengan pelaporan keuangan (fraudulent financial
                                          hasil yang disajikan di dalam laporan audit. Selain itu, memastikan tindak
                                                                                                                                                               reporting risks) yang telah disiapkan dan dilaksanakan oleh Direksi
                                          lanjut yang efektif oleh Direksi terkait temuan Audit Internal
                                                                                                                                                               Monitor the effectiveness of any policy and implementation of fraudulent
                                          Conduct a thorough review of Internal Audit activities and the results
                                                                                                                                                               financial reporting risks prepared and conducted by the Board of
                                          presented in the audit report. In addition, ensure effective follow-up by
                                                                                                                                                               Directors
                                          the Board of Directors regarding Internal Audit findings
                                                                                                                                                            3. Memastikan penerapan pilar GCG, termasuk penerapan keterbukaan
                                       7. Memantau dan mengevaluasi efektivitas fungsi Audit Internal
                                                                                                                                                               informasi dan transparansi yang tepat
                                          Monitor and evaluate the effectiveness of the Internal Audit function
                                                                                                                                                               Ensure the implementation of GCG pillars, including the implementation
                                                                                                                                                               of appropriate disclosure of information and transparency




414       Laporan Tahunan / Annual Report 2025                                                                                                                                                                 PT Petrosea Tbk            415
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      Tata Kelola Perusahaan                                                                                                                                                                            Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                              Corporate Governance




                                                                                                                           Komite Audit, Risk & Compliance
Komite di Bawah Dewan Komisaris
Committees Below the Board of Commissioners


                                                                                                                           Profile of The Audit, Risk & Compliance


            Ruang Lingkup Kegiatan                                          Uraian
     No
              Scope of Activities                                         Description                                      PROFIL KOMITE AUDIT, RISK &                              PROFILE OF THE AUDIT, RISK &
                                                                                                                           COMPLIANCE                                               COMPLIANCE COMMITTEE
 7         Kepatuhan                     4. Melakukan penelaahan terhadap pemenuhan ketentuan Panduan
           Compliance                       Berperilaku Perusahaan                                                         Komite Audit, Risk & Compliance diangkat                 The Audit, Risk & Compliance Committee
                                            Review compliance with the Company’s Code of Conduct                           dan diberhentikan oleh Dewan Komisaris,                  is appointed and dismissed by the Board
                                         5. Melakukan penelaahan terhadap pemenuhan ketentuan kebijakan yang               serta ditunjuk untuk jangka waktu tiga                   of Commissioners for a period of three
                                            berlaku di Perusahaan, termasuk memastikan Perusahaan memiliki
                                            acuan yang dapat dilaksanakan dalam pemenuhan kepatuhan                        tahun, dengan catatan tidak melebihi masa                years, which does not exceed the terms
                                            Review the compliance of the Company’s policies, including assuring            jabatan Dewan Komisaris. Sesuai dengan                   of office of the Board of Commissioners.
                                            that the Company has clear and implementable guidance in terms of
                                                                                                                           ketentuan POJK yang berlaku untuk                        As required by prevailing POJK for public
                                            compliance
                                                                                                                           Perusahaan terbuka dan berdasarkan                       listed companies and based on the
 8         Potensi Transaksi Afiliasi   Menelaah dan memberikan saran kepada Dewan Komisaris terkait potensi               Keputusan Dewan Komisaris Petrosea No.                   decision from the Circular Resolution of
           & Benturan Kepentingan       benturan kepentingan. Dalam hal fungsi penelaahan potensi transaksi afiliasi       PTP/RES/BOC/IV/2025-0008 pada 25                         the Board of Commissioners of Petrosea
           Potential Affiliate          dan/atau benturan kepentingan telah dijalankan oleh komite lain, Komite
           Transaction &                Audit, Risk & Compliance menerima laporan mengenai pengkajian dan saran            April 2025, komposisi Komite Audit, Risk &               No. PTP/RES/BOC/IV/2025-0008 on 25
           Conflicts of Interest
                                        dari potensi benturan kepentingan tersebut                                         Compliance yang menjabat untuk periode                   April 2025, the composition of the Audit,
                                        Review and advise the Board of Commissioners regarding potential affiliate         2023-2025 adalah sebagai berikut:                        Risk & Compliance Committee serving for
                                        transactions and/or conflicts of interest. In the event that the function of
                                        reviewing potential affiliate transactions and/or conflicts of interest has been
                                                                                                                                                                                    the period of 2023-2025 is as follows:
                                        carried out by another committee, the Audit, Risk & Compliance Committee
                                        must receive such a report which includes reviews and suggestions regarding
                                        potential conflicts of interest


 9         Kerahasiaan                  Menjaga kerahasiaan dokumen, data dan informasi Perusahaan
           Confidentiality              Maintain the confidentiality of the Company’s documents, data,= and                                    Nama                      Jabatan                                    Periode Jabatan
                                                                                                                                                                                               Status
                                        information                                                                                            Name                      Position                                    Term of office


 10        Sistem Manajemen              1.   Menyetujui kebijakan anti penyuapan Perusahaan                                                                              Ketua          Komisaris Independen     Periode 1, tahun ke-1
           Anti Penyuapan                     Approve the Company’s anti-bribery policy                                       Dr. Setia Untung Arimuladi, S.H., M.Hum.
                                                                                                                                                                         Chairman     Independent Commissioner     1st Period, 1st term
           Anti-Bribery
                                         2.   Memastikan strategi Perusahaan dan kebijakan anti penyuapan
           Management System
                                              adalah selaras
                                              Ensure that Petrosea’s strategy and anti-bribery policy are aligned                                                        Anggota          Pihak Independen        Periode 1, tahun ke-2
                                                                                                                              M. Oka Lesmana Firdauzi
                                         3.   Menerima dan meninjau informasi tentang isi dan operasi dari sistem                                                        Member           Independent Party        2nd Period, 1st term
                                              manajemen anti penyuapan (SMAP), minimal secara kuartalan
                                              Receive and review the information on the content and operations of the
                                              anti-bribery management system (ABMS), minimum on a quarterly basis                                                        Anggota          Pihak Independen        Periode 1, tahun ke-2
                                                                                                                              Sahat Pardede
                                         4. Menyetujui pengalokasian sumber daya manusia sesuai dengan                                                                   Member           Independent Party        2nd Period, 1st term
                                            kebutuhan SMAP Perusahaan
                                            Ensure that adequate and appropriate resources needed for the
                                            effective operation of ABMS are allocated and assigned                                                                       Anggota          Pihak Independen        Periode 1, tahun ke-2
                                                                                                                              Madelin A. Hardjapamekas
                                         5. Melakukan pengawasan secara wajar terhadap penerapan dan                                                                     Member           Independent Party        2nd Period, 1st term
                                            keefektifan SMAP oleh manajemen Perusahaan
                                            Exercise reasonable oversight over the implementation and
                                            effectiveness of the ABMS by top management of the Company




416       Laporan Tahunan / Annual Report 2025                                                                                                                                                                PT Petrosea Tbk         417
Page 210
      Tata Kelola Perusahaan                                                                                                                                                          Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                            Corporate Governance




Profil Komite Audit, Risk & Compliance
                                                                                                                                                                                    Profil Komite Audit, Risk & Compliance
                                                                                                                                                                        Profile of The Audit, Risk & Compliance Committee


Profile of The Audit, Risk & Compliance Committee



                                            Dr. Setia Untung Arimuladi, S.H., M.Hum.                                                                        Madelin A. Hardjapamekas
                                                            Komisaris Independen                                                                                          Anggota
                                                         Independent Commissioner                                                                                         Member


                                   Usia / Age                             Masa Jabatan / Term of office                                    Usia / Age                               Masa Jabatan / Term of office

                                   64                                     2025                                                             49                                       2023 -2025

                                   Dasar Penunjukan / Appointment Basis   Kewarganegaraan / Citizenship                                    Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship

                                   BoC Resolution Apr 2025                Indonesia                                                        BoC Resolution Dec 2023                  Indonesia




Pendidikan dan pengalaman kerja beliau              His education and professional experience             Pendidikan                                             Education
dapat dilihat pada bagian profil Dewan              can be viewed in the profile section of the           Sarjana Akuntansi dari Universitas Trisakti            Bachelor of Accounting from Trisakti
Komisaris pada halaman 198-199 Laporan              Board of Commissioners on page 198-199                pada tahun 1999                                        University in 1999
Tahunan ini.                                        of this Annual Report.
                                                                                                          Rangkap Jabatan                                        Concurrent Positions
                                                                                                          Beliau juga menjabat sebagai Anggota                   She also serves as a Member of the Audit
                                                                                                          Komite Audit di PT Semacom Integrated                  Committee at PT Semacom Integrated Tbk
                                                                                                          Tbk sejak 2021                                         since 2021

                                                                                                          Pengalaman Kerja                                       Professional Experience
                                                                                                          •   Anggota Komite Audit PT Haloni Jane                •    Member of the Audit Committee at
                                                                                                              Tbk (2023-2024)                                         PT Haloni Jane Tbk (2023-2024)
                                                                                                          •   Anggota Komite Audit PT Hetzer                     •    Member of the Audit Committee at
                                                                                                              Medical Indonesia Tbk (2023-2024)                       PT Hetzer Medical Indonesia Tbk
                                                                                                                                                                      (2023-2024)
                                                                                                          •   Senior Cost Control Specialist di                  •    Senior Cost Control Specialist at
                                                                                                              ConocoPhillips Indonesia – Suban                        ConocoPhillips Indonesia – Suban
                                                                                                              Compression Project                                     Compression Project
                                                                                                              (2015-2020)                                             (2015-2020)
                                                                                                          •   Senior Cost Control Specialist di                  •    Senior Cost Control Specialist
                                                                                                              ConocoPhillips Indonesia – Dayung                       ConocoPhillips Indonesia – Dayung
                                                                                                              Compression & Central Gas Plant                         Compression & Central Gas Plant
                                                                                                              Debottleneck Project (2012-2015)                        Debottleneck Project (2012-2015)
                                                                                                          •   Cost Control Specialist di                         •    Cost Control Specialist at
                                                                                                              ConocoPhillips Indonesia – Gas                          ConocoPhillips Indonesia – Gas
                                                                                                              Concord Turret Integration Project                      Concord Turret Integration Project
                                                                                                              (2011)                                                  (2011)




418     Laporan Tahunan / Annual Report 2025                                                                                                                                                 PT Petrosea Tbk         419
Page 211
    Tata Kelola Perusahaan                                                                                                                                                      Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                        Corporate Governance



Profil Komite Audit, Risk & Compliance                                                                                                                                        Profil Komite Audit, Risk & Compliance
Profile of The Audit, Risk & Compliance Committee                                                                                                                 Profile of The Audit, Risk & Compliance Committee




                                         Madelin A. Hardjapamekas                                                                                       M. Oka Lesmana Firdauzi
                                                    Anggota                                                                                                         Anggota
                                                    Member                                                                                                          Member


                                                                                                                                     Usia / Age                               Masa Jabatan / Term of office
                                                                                                                                     53                                       2023 -2025
•    Cost Control Specialist di                           •   Cost Control Specialist at
                                                                                                                                     Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship
     ConocoPhillips Indonesia – Belanak                       ConocoPhillips Indonesia – Belanak &
     & Belida FSO Project (2003-2011)                         Belida FSO Project (2003-2011)                                         BoC Resolution Dec 2023                  Indonesia
•    Tax & Assistant Accountant di                        •   Tax & Assistant Accountant at
     PT Saipem Indonesia (2001-2003)                          PT Saipem Indonesia (2001-2003)
•    Konsultan Pajak Profesional di                       •   Professional Tax Consultant at
     Deloitte Touche Tax & Management                         Deloitte Touche Tax & Management
                                                                                                     Pendidikan                                            Education
     Consultants (1999-2001)                                  Consultants (1999-2001)
                                                                                                     Meraih gelar Sarjana Ekonomi di bidang                Earned his Bachelor of Economics,
•    Apprenticeship/intern di Price                       •   Apprenticeship/intern at Price
                                                                                                     Akuntansi dari Universitas Trisakti pada              majoring in Accounting from the University
     Waterhouse Public (1997-1998)                            Waterhouse Public (1997-1998)
                                                                                                     tahun 1996                                            of Trisakti in 1996
•    Akuntan Publik di S. Mannan,                         •   Public Accountant at S. Mannan,
     Sumantri & Rekan (1997)                                  Sumantri & Partners (1997)
                                                                                                     Pelatihan dan/atau Pendidikan dalam                   Training and/or Education to Improve
                                                                                                     Meningkatkan Kompetensi Tahun 2024                    Competency during 2024
                                                                                                     •   Energy Transition Summit Asia,                    •    Energy Transition Summit Asia,
                                                                                                         Financial Times (Juni 2025)                            Financial Times (June 2025)
                                                                                                     •   AI Transformation Making Indonesia                •    AI Transformation Making Indonesia
                                                                                                         The Silicon Valley Of Southeast Asia,                  The Silicon Valley Of Southeast Asia,
                                                                                                         Digital CIO Summit (Juli 2025)                         Digital CIO Summit (July 2025)
                                                                                                     •   Indonesia Sustainability Forum                    •    Indonesia Sustainability Forum
                                                                                                         (Oktober 2025)                                         (October 2025)
                                                                                                     •   National Dialog on Development of                 •    National Dialog on Development of
                                                                                                         Climate-Responsive Macroeconomic,                      Climate-Responsive Macroeconomic,
                                                                                                         Fiscal and Financial Sector Policies in                Fiscal and Financial Sector Policies in
                                                                                                         Indonesia (November 2025)                              Indonesia (November 2025)


                                                                                                     Rangkap Jabatan                                       Concurrent Positions
                                                                                                     Tidak memiliki rangkap jabatan di                     Does not serve concurrent positions in
                                                                                                     perusahaan lain                                       other companies


                                                                                                     Pengalaman Kerja                                      Professional Experience
                                                                                                     •   Direktur Keuangan di PT Rukun Raharja             •    Finance Director of PT Rukun Raharja
                                                                                                         Tbk (2016-2024)                                        Tbk (2016-2024)
                                                                                                     •   Presiden Direktur di PT Panji Raya                •    President Director of PT Panji Raya
                                                                                                         Alamindo (2017-2025)                                   Alamindo (2017-2025)



420     Laporan Tahunan / Annual Report 2025                                                                                                                                           PT Petrosea Tbk         421
Page 212
    Tata Kelola Perusahaan                                                                                                                                                         Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                           Corporate Governance



Profil Komite Audit, Risk & Compliance                                                                                                                                           Profil Komite Audit, Risk & Compliance
Profile of The Audit, Risk & Compliance Committee                                                                                                                    Profile of The Audit, Risk & Compliance Committee




                                          M. Oka Lesmana Firdauzi                                                                                                 Sahat Pardede
                                                                                                                                                                       Anggota
                                                    Anggota                                                                                                            Member
                                                    Member

                                                                                                                                        Usia / Age                               Masa Jabatan / Term of office
                                                                                                                                        64                                       2023 -2025
•     Komisaris di PT Raharja Energi Cepu                 •   Commissioner at PT Raharja Energi
      (2020-2024)                                             Cepu (2020-2024)                                                          Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship

•     Komisaris di PT Petrogas Jatim Utama                •   Commissioner at PT Petrogas Jatim                                         BoC Resolution Dec 2023                  Indonesia
      Cendana (2018-2025)                                     Utama Cendana (2018-2025)
•     Komisaris di PT Bravo Delta Persada                 •   Commissioner at PT Bravo Delta
      (2020-2024)                                             Persada (2020-2024)
•     Komisaris di PT Caraka Reksa Optima                 •   Commissioner at PT Caraka Reksa
                                                                                                        Pendidikan                                            Education
      (2023-2025)                                             Optima since (2023-2025).
                                                                                                        • Master of Business Administration dari              • Master of Business Administration from
•     Presiden Komisaris di PT Heksa Energi               •   President Commissioner at PT Heksa
                                                                                                           Saint Mary’s University, Halifax, Kanada              Saint Mary’s University, Halifax, Canada
      Mitraniaga (2020- 2023)                                 Energi Mitraniaga (2020-2023)
                                                                                                           pada tahun 1993                                       in 1993
•     Direktur dan Chief Financial Officer di             •   Director and Chief Financial Officer at
                                                                                                        • Sekolah Tinggi Akuntansi Negara                     • Sekolah Tinggi Akuntansi Negara
      Volvo Group Indonesia (2014-2016)                       Volvo Group Indonesia (2014-2016)
                                                                                                           (STAN), Jakarta pada tahun 1989                       (STAN), Jakarta in 1989
•     Financial Controller di PT Trakindo                 •   Financial Controller at PT Trakindo
      Utama (2010-2014)                                       Utama (2010-2014)                         Sertifikasi professional                              Professional Certifications
•     Financial Controller di PT Luxindo Raya             •   Financial Controller at PT Luxindo Raya   • Bersertifikat Akuntan Publik - Institut             • Certified Public Accountant – IAPI
      (2008-2010)                                             (2008-2010)                                   Akuntan Publik Indonesia (IAPI)
•     Management Controller di PT ICI Paints              •   Management Controller at PT ICI Paints    • Kualifikasi 4 Bidang Manajemen                      •    Qualification 4 Field of Bank
      Indonesia (2004-2008)                                   Indonesia (2004-2008)                         Risiko Perbankan – Lembaga                             Risk Management – Professional
•     Accounting Manager di PT L’Oreal                    •   Accounting Manager at PT L’Oreal              Sertifikasi Profesi Lembaga Sertifikasi                Certification Body Banking
      Indonesia (2003-2004)                                   Indonesia (2003-2004)                         Profesional Perbankan                                  Professional Certificational Body
•     Senior Associate di                                 •   Senior Associate at
      PricewaterhouseCoopers (1996-2003)                      PricewaterhouseCoopers (1996-2003)        Pelatihan dan/atau Pendidikan dalam                   Training and/or Education to Improve
                                                                                                        Meningkatkan Kompetensi Tahun 2025                    Competency during 2025 (Please Update)
                                                                                                        • PPL Wajib Akuntan Publik PPPK 2025                  • Mandatory Continuing Professional
                                                                                                            - Batch 5 - Pusat Pembinaan Profesi                   Education (CPE) for Public
                                                                                                            Keuangan (PPPK)                                       Accountants PPPK 2025 – Batch 5 -
                                                                                                                                                                  Pusat Pembinaan Profesi Keuangan
                                                                                                                                                                  (PPPK)
                                                                                                        •   Implementasi Internal Control Over                • The implementation of Internal Control
                                                                                                            Financial Reporting (ICOFR) - The                     Over Financial Reporting (ICOFR) -
                                                                                                            Institute of Internal Auditors (IIA)                  The Institute of Internal Auditors (IIA)
                                                                                                            Indonesia                                             Indonesia




422     Laporan Tahunan / Annual Report 2025                                                                                                                                              PT Petrosea Tbk 423
Page 213
    Tata Kelola Perusahaan                                                                                                                                                   Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                     Corporate Governance



Profil Komite Audit, Risk & Compliance                                                                                                                                     Profil Komite Audit, Risk & Compliance
Profile of The Audit, Risk & Compliance Committee                                                                                                               Profile of The Audit, Risk & Compliance Committee




                                                    Sahat Pardede                                                                               Sahat Pardede
                                                       Anggota                                                                                       Anggota
                                                       Member                                                                                        Member




•     PPL Pasar Modal IAPI - OJK Update                      •   Capital Market CPE by IAPI – OJK         •   Tenaga Ahli di Komisi Pengawas SKK           •   Senior advisor to Supervisory
      Peraturan Otoritas Jasa Keuangan                           Update on Financial Services                 Migas (2013- 2020)                               Commission of SKK Migas
      (POJK) dan Penerapan Engagement                            Authority (POJK) Regulations and                                                              (2013- 2020)
      Quality Control Review (EQCR) Serta                        Implementation of Engagement             •   Ketua dan Anggota Komite Asistensi           •   Chairman and Member of Professional
      Peran Komunikasi Kepada Regulator                          Quality Control Review (EQCR), as well       dan Implementasi Standar Profesi                 Standards Assistance and
      dalam Rangka Mitigasi Risiko Audit                         as the Role of Communication with            (KAISP) dari Institut Akuntan Publik             Implementation Committee (KAISP)
                                                                 Regulators in Audit Risk Mitigation          Indonesia (IAPI) (2016-2019)                     of Indonesian Institute of Public
•     KEPAP 2021: Kode Etik 2021, Noclar,                    •   KEPAP 2021: Code of Ethics for                                                                Accountants (IAPI) (2016-2019)
      Independensi dalam Perikatan Audit                         Public Accountants 2021, Non             •   Anggota Komite Audit di PT Semen             •   Member of the Audit Committee at
      dan Revisi Terhadap Ketentuan-                             Compliance with Law and Regulation,          Indonesia (Persero) (2007-2017)                  PT Semen Indonesia (Persero)
      Ketentuan Kode Etik                                        Independence in Audit Engagements                                                             (2007-2017)
                                                                 and Revisions to Code of Ethics          •   Anggota Komite Audit di                      •   Member of the Audit Committee at
                                                                 Provisions                                   PT Telekomunikasi Indonesia Tbk                  PT Telekomunikasi Indonesia Tbk
                                                                                                              (2004-2014)                                      (2004-2014)
Rangkap Jabatan                                              Professional Experience                      •   Anggota Komite Risiko dan Kepatuhan          •   Member of the Risk and Compliance
Beliau juga menjabat sebagai Rekan                           He also serves as Partner at Kantor              di Bank BNI (2006- 2007)                         Committee at Bank BNI (2006-2007)
di Kantor Akuntan Publik (KAP) Sahat                         Akuntan Publik (KAP) Sahat Handoko           •   Auditor Pemerintah di Badan                  •   Government Auditor at Financial and
Handoko dan Rekan sejak 2001, Anggota                        dan Rekan since 2001, Member of the              Pengawasan Keuangan dan                          Development Supervisory Agency
Komite Audit Anggota Komite Audit di                         Audit Committee at PT Semen Indonesia            Pembangunan (BPKP) (1983-2000)                   (BPKP) (1983-2000)
PT Semen Indonesia (Persero) Tbk sejak                       (Persero) Tbk since 2021 and Member of
2021 dan Anggota Komite Audit di PT Vale                     the Audit Committee at
Indonesia Tbk sejak 2024.                                    PT Vale Indonesia Tbk since 2024.

Pengalaman Kerja                                             Professional Experience
• Anggota Komite Audit di PT AKR                             • Member of the Audit Committee at
   Corporindo (2015-2025)                                       PT AKR Corporindo (2015-2025)
• Tenaga Ahli Dekom di PT Bahana                             • Senior advisor to BoC at PT Bahana
   Pembinaan Usaha Indonesia (Persero)                          Pembinaan Usaha Indonesia (Persero)
   (2022-2024)                                                  (2022-2024)
• Tenaga Ahli Dekom/Anggota Komite                           • Senior advisor to BoC/Member of the
   Audit di Bank BRI (Persero) Tbk                              Audit Committee at Bank BRI (Persero)
   (2015-2024)                                                  Tbk (2015-2024)
• Anggota Dewan Standar Profesional                          • Member of Board of Professional
   Akuntan Publik II (DSPAP II) dari Institut                   Standards of Public Accountants II
   Akuntan Publik Indonesia (IAPI) (2019-                       (DSPAP II) of Indonesian Institute of
   2021)                                                        Public Accountants (IAPI) (2019-2021)




424     Laporan Tahunan / Annual Report 2025                                                                                                                                        PT Petrosea Tbk 425
Page 214
  Tata Kelola Perusahaan                                                                                  Tata Kelola Perusahaan
  Corporate Governance                                                                                    Corporate Governance



                                                                                                             Komite Audit, Risk & Compliance
                                                                                                          Audit, Risk & Compliance Committee




                                             INDEPENDENSI                                  INDEPENDENCY
                                             Komite Audit, Risk & Compliance pada          The Audit, Risk & Compliance committee
                                             prinsipnya berperan secara profesional        in its principle carries its duties and
                                             dan independen dalam pelaksanaan tugas        reports its work results professionally
                                             dan pelaporan hasil tugasnya, serta tidak     and independently and does not accept
                                             menerima atau melakukan intervensi            or intervene with other parties. As a
                                             terhadap pihak lain. Sebagai bentuk           manifestation of its independence,
                                             independensinya, komite ini memiliki          this committee is committed to being
                                             komitmen untuk bebas dari pengaruh            free from the influence of any party that
                                             pihak manapun yang memiliki konflik           has a conflict of interest and cannot
                                             kepentingan dan tidak dapat dipengaruhi       be influenced in the decision-making
                                             dalam proses pembuatan keputusan.             process. This statement is in accordance
                                             Pernyataan ini sejalan dengan Piagam          with the Committee Charter and the GCG
                                             Komite dan pilar GCG.                         pillars.

                                             PELATIHAN DAN/ATAU PENINGKATAN                TRAINING AND/OR COMPETENCY
                                             KOMPETENSI                                    IMPROVEMENT
                                             Kegiatan peningkatan kompetensi baik          Competency enhancement activities both
                                             melalui pendidikan dan/atau pelatihan         through education and/or training that
                                             yang diikuti Komite Audit, Risk &             the Audit, Risk & Compliance Committee
                                             Compliance di sepanjang tahun 2025            participated during 2025 can
                                             dapat dilihat pada bab Profil Komite Audit,   be viewed in the Audit, Risk & Compliance
                                             Risk & Compliance pada halaman 418-425        Committee’s Profile section on page 418-
                                             Laporan Tahunan ini. Namun Perusahaan         425 of this Annual Report. However, the
                                             memastikan bahwa peningkatan                  Company ensures that this competency
                                             kompetensi ini dilakukan secara optimal       improvement is carried out optimally
                                             oleh setiap masing-masing anggota             by each member of the Audit, Risk &
                                             Komite Audit, Risk & Compliance.              Compliance Committee.




426   Laporan Tahunan / Annual Report 2025                                                                       PT Petrosea Tbk       427
Page 215
    Tata Kelola Perusahaan                                                                                                                                                           Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                             Corporate Governance



Komite di Bawah Dewan Komisaris                                                                                                                                                       Komite di Bawah Dewan Komisaris
Committees Below the Board of Commissioners                                                                                                                            Committees Below the Board of Commissioners




LAPORAN PELAKSANAAN TUGAS KOMITE               REPORT ON THE IMPLEMENTATION                 •        Mengkaji dan mengawasi kecukupan                          •    Review and oversight the sufficiency
AUDIT, RISK & COMPLIANCE TAHUN 2025            OF DUTIES OF THE AUDIT, RISK &                        dan efektivitas pengendalian internal                          and effectiveness of internal controls
                                               COMPLIANCE COMMITTEE IN 2025                 •        Meninjau pelaksanaan audit oleh                           •    Reviewing the implementation of
                                                                                                     Auditor Eksternal dan memastikan                               the audit by the External Auditor
Komite Audit, Risk & Compliance telah          The Audit, Risk & Compliance Committee
                                                                                                     independensi dan objektivitas Auditor                          and ensuring the independence and
melaksanakan tugasnya sesuai dengan            has conducted its duties in accordance
                                                                                                     Eksternal                                                      objectivity of the External Auditor.
rencana tahunan untuk tahun 2025 :             with annual plan 2025:
                                                                                            •        Mengevaluasi kinerja Auditor Eksternal                    •    Evaluate the performance of External
                                                                                                     dan memberikan rekomendasi                                     Auditor and provide recommendation
•     Mengkaji dan menyetujui rencana          •   Review and approve from department
                                                                                                     pengangkatan/ pemberhentian                                    on the appointment/ dismissal of
      tahunan dari departemen Risk &               Risk & Internal Assurance annual plan
                                                                                                     Auditor Eksternal kepada Dewan                                 External Auditor to the Board of
      Internal Assurance untuk tahun 2025          for the year 2025
                                                                                                     Komisaris                                                      Commissioners
•     Mengkaji laporan keuangan dan kinerja    •   Review of Company’s quarter financial
                                                                                            •        Mengkaji dan mengevaluasi kegiatan                        •    Review and evaluate internal Audit, Risk
      kuartal Perusahaan                           report and performance
                                                                                                     internal Komite Audit, Risk &                                  & Compliance Committee activities
•     Mengkaji kinerja fungsi Internal         •   Review the performance of Internal
                                                                                                     Compliance
      Audit dan isu-isu signifikan yang            Audit function and significant issues
                                                                                            •        Mempersiapkan Laporan Tahunan                             •    Prepare Annual Audit, Risk &
      diidentifikasi dalam audit                   identified in the audit
                                                                                                     Komite Audit, Risk & Compliance untuk                          Compliance Committee Report for the
•     Mengkaji kinerja manajemen risiko dan    •   Review the performance of risk
                                                                                                     Dewan Komisaris                                                Board of Commissioners
      profil risiko Perusahaan                     management and Company’s risk
                                                   profile
•     Mengkaji kinerja dan aktivitas fungsi    •   Review the performance and activities
                                                                                            Rapat Komite Audit, Risk & Compliance
      kepatuhan                                    of the compliance function
                                                                                            Audit, Risk & Compliance Committee Meetings
•     Meninjau kegiatan departemen             •   Review Business Ethics & Integrity
      Business Ethics & Integrity dan              department activities and anti-bribery
                                                                                                                             Kehadiran Rapat Komite Audit, Risk & Compliance 2025
      pencapaian program anti penyuapan            program measures in accordance with
                                                                                                                          Attendance of the 2025 Audit, Risk & Compliance Committee Meeting
      sesuai dengan objektif Anti Penyuapan        Anti-Bribery objectives 2025
      tahun 2025                                                                                No.              Nama                    Jabatan     Jumlah Rapat        Jumlah Kehadiran           Persentase
•     Mengkaji dan menindaklanjuti laporan     •   Review and follow up whistleblowing                           Name                    Position     Number of             Number of                Kehadiran
                                                                                                                                                       Meetings            Attendance               Percentage
      pelanggaran dan hasil investigasi            reports and investigation result
                                                                                                 Sebelum April 2025 / Prior April 2025


                                                                                                                                          Ketua
                                                                                                 1          Osman Sitorus                                  5                     5                     100%
                                                                                                                                         Chairman


                                                                                                 Setelah April 2025 / After April 2025


                                                                                                          Dr Setia Untung Ari             Ketua
                                                                                                 1                                                         4                     4                     100%
                                                                                                          Muladi,S.H.M,Hum.              Chairman


                                                                                                 Sepanjang 2025 / During 2025


                                                                                                                                         Anggota
                                                                                                 1          Sahat Pardede                                  9                     9                     100%
                                                                                                                                         Member


                                                                                                                                         Anggota
                                                                                                2        M. Oka Lesmana Fauzi                              9                     8                     89%
                                                                                                                                         Member


                                                                                                              Madelin A.                 Anggota
                                                                                                3                                                          9                     9                     100%
                                                                                                            Hardjapamekas                Member




428     Laporan Tahunan / Annual Report 2025                                                                                                                                              PT Petrosea Tbk 429
Page 216
   Tata Kelola Perusahaan                                                                                                                                                                    Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                                                      Corporate Governance




Komite Nominasi & Remunerasi
                                                                                                                                                                                                   Komite Nominasi & Remunerasi
                                                                                                                                                                                         Nomination & Remuneration Committee


Nomination & Remuneration Committee

                                                                                                                      NO     Ruang Lingkup Kegiatan                                    Uraian
Perusahaan memiliki Piagam Komite                        The Company has a Nomination &                                      Scope of Activities                                     Description
Nominasi & Remunerasi yang telah di                      Remuneration Commite Charter which was
sahkan oleh Dewan Komisaris. Piagam ini                  approved by the Board of Commisioners.
                                                                                                                                                      Di dalam menjalankan fungsi nominasi anggota Direksi, Komite
menentukan tugas dan tanggung jawab                      This Charter defines the duties and                                                          mengidentifikasikan kualitas calon anggota Direksi sesuai visi, misi dan
komite serta implementasinya secara                      responsibilities of the commite as well as                                                   strategi Perusahaan. Perusahaan tidak menggunakan agen pencari
                                                                                                                                                      profesional atau sumber kandidat eksternal lainnya (seperti database
independen.                                              its independent implementation.                                                              kandidat direktur yang dibuat oleh direktur atau badan pemegang saham)
                                                                                                                                                      ketika mencari kandidat untuk Dewan Komisaris dan/atau Direksi.

Sesuai piagam ruang lingkup kegiatan                     Based on the charter, the scope of the                                                       In carrying out its nomination function members of the Board of Directors,
                                                                                                                                                      the Committee identifies the qualities of the candidates in accordance
komite Nominasi & Remunerasi Perusahaan                  nomination & remuneration Commite’s                                                          with the Company’s vision, mission and strategy. The Company does not
adalah sebagai berikut:                                  activities is as follows:                                                                    utilize professional search firms or other external candidate sources (such
                                                                                                                                                      as a director candidate database by directors or shareholder bodies)
                                                                                                                                                      when searching for candidates for the Board of Commissioners and/or
                                                                                                                                                      Board of Directors.

   NO         Ruang Lingkup Kegiatan                                     Uraian
              Scope of Activities                                      Description
                                                                                                                     2       Fungsi                   1.   Memberikan rekomendasi kepada Dewan Komisaris mengenai
                                                                                                                             Remunerasi                    struktur remunerasi, kebijakan atas remunerasi dan besaran
                                                                                                                             Remuneration Function         remunerasi
      1       Fungsi Nominasi          1.     Memberikan rekomendasi kepada Dewan Komisaris mengenai:
              Nomination Function                                                                                                                          To provide recommendations to the Board of Commissioners
                                              • Komposisi jabatan anggota Direksi dan/atau anggota Dewan                                                   regarding remuneration structure, policy on remuneration and the
                                                Komisaris                                                                                                  amount of remuneration
                                              • Kebijakan dan kriteria yang dibutuhkan dalam proses nominasi
                                                                                                                                                      2.   Membantu Dewan Komisaris melakukan penilaian kinerja dengan
                                              • Kebijakan evaluasi kinerja bagi anggota Direksi dan/atau
                                                                                                                                                           kesesuaian remunerasi yang diterima masing-masing anggota
                                                anggota Dewan Komisaris
                                                                                                                                                           Direksi dan/atau anggota Dewan Komisaris
                                            To provide recommendations to the Board of Commissioners on:                                                   To assist the Board of Commissioners in conducting performance
                                               • Composition of the position of the Board of Directors’ and/or                                             assessments and in evaluating the suitability of remuneration
                                                 the Board of Commissioners’ members                                                                       received by each member of the Board of Directors and/or Board of
                                               • Policy and criteria required in the nomination process                                                    Commissioners
                                               • Policy on the performance evaluation of the Board of Directors’
                                                 and/or the Board of Commissioners’ members
                                       2.     Membantu Dewan Komisaris melakukan penilaian kinerja anggota
                                              Direksi dan/atau anggota Dewan Komisaris berdasarkan tolak ukur
                                              yang telah disusun sebagai bahan evaluasi                            PROFIL KOMITE NOMINASI &                            PROFILE OF THE NOMINATION &
                                              To assist the Board of Commissioners in the performance              REMUNERASI                                          REMUNERATION COMMITTEE
                                              assessment of the Board of Directors’ and/or the Board of
                                              Commissioners’ members based on the benchmark set as                 Komite Nominasi & Remunerasi diangkat               The Nomination & Remuneration
                                              evaluation material
                                                                                                                   dan diberhentikan oleh Dewan Komisaris,             Committee is appointed and dismissed
                                       3.     Memberikan rekomendasi kepada Dewan Komisaris mengenai
                                              program pengembangan kemampuan anggota Direksi dan/atau              serta ditunjuk untuk jangka waktu tiga              by the Board of Commissioners for a
                                              anggota Dewan Komisaris                                              tahun, dengan catatan tidak melebihi masa           period of three years, which does not
                                              To provide recommendations to the Board of Commissioners
                                              regarding competency development programs for the members
                                                                                                                   jabatan Dewan Komisaris. Sesuai dengan              exceed the terms of office of the Board
                                              of the Board of Directors and/or Board of Commissioners              ketentuan POJK yang berlaku untuk                   of Commissioners. As required by the
                                       4.     Memberikan usulan calon yang memenuhi syarat sebagai anggota         Perusahaan Terbuka dan berdasarkan                  prevailing POJK provision for public listed
                                              Direksi dan/atau anggota Dewan Komisaris kepada Dewan
                                                                                                                   Keputusan Sirkular Dewan Komisaris                  companies and based on the decision from
                                              Komisaris untuk disampaikan kepada RUPS
                                              To propose candidates who meet the requirements to become a          Petrosea No. PTP/RES/BOC/III/2024-                  the Circular Resolution of the Board of
                                              member of the Board of Directors and/or Board of Commissioners       0003 pada tanggal 5 Maret 2024 jo. No.              Commissioners of Petrosea No. PTP/RES/
                                              which will be submitted to the GMS
                                                                                                                   PTP/RES/BOC/VII/2023-0012 pada                      BOC/ III/2024-0003 on 5 March 2024 jo.
                                       5.     Meninjau, mengusulkan dan merekomendasikan sampai dengan
                                              satu level di bawah Direksi dalam hal pelaksanaan tugas yang         tanggal 1 September 2023, komposisi                 No. PTP/RES/BOC/ VII/2023-0012 on 1
                                              menyangkut talent management dan succession planning                 Komite Nominasi & Remunerasi yang                   September 2023, the composition of the
                                              To review, propose and recommend up to one level below the
                                              Board of Directors regarding the implementation of duties related
                                                                                                                   menjabat untuk periode 2024-2025                    Nomination & Remuneration Committee
                                              to talent management and succession planning                         adalah sebagaimana dapat dilihat pada               serving for the period of 2024-2025 can
                                                                                                                   halaman berikutnya.                                 be viewed in the next page.


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   Corporate Governance                                                                                                                                                                          Corporate Governance




Profil Komite Nominasi & Remunerasi
                                                                                                                                                                                              Profile Komite Nominasi & Remunerasi
                                                                                                                                                                                    Profile of Nomination & Remuneration Committee


Profile of Nomination & Remuneration Committee


             Nama                 Jabatan                                                            Periode Jabatan
                                                                   Status
             Name                 Position                                                           Term of office                                                             Erwin Ciputra
                                                                                                                                                                                    Komisaris
                                                                                                                                                                                   Commisioner
 Osman Sitorus                    Ketua               Presiden Komisaris merangkap               Periode 1, tahun ke-2
                                 Chairman                  Komisaris Independen                   1st Period, 2nd term
                                                   President Commissioner concurrently                                                                Usia / Age                              Masa Jabatan / Term of office
                                                        Independent Commissioner                                                                      51                                      2024 -2025

                                                                                                                                                      Dasar Penunjukan / Appointment Basis    Kewarganegaraan / Citizenship
 Erwin Ciputra                   Anggota                       Komisaris                         Periode 1, tahun ke-2
                                 Member                      Commissioner                         1st Period, 2nd term                                BoC Resolution Mar 2024                 Indonesia


 Djauhar Maulidi, S.E., M.B.A.   Anggota                       Komisaris                         Periode 1, tahun ke-2
                                 Member                      Commissioner                         1st Period, 2nd term
                                                                                                                         Pendidikan dan pengalaman kerja beliau             His education and professional experience
                                                                                                                         dapat dilihat pada bagian profil Dewan             can be viewed in the profile section of the
                                                                                                                         Komisaris pada halaman 186-187 Laporan             Board of Commissioners on page 186-187
                                                                                                                         Tahunan ini.                                       of this Annual Report.




                                                                       Osman Sitorus                                                                                  Djauhar Maulidi, S.E., M.B.A.
                                                                             Ketua                                                                                                  Komisaris
                                                                            Chairman                                                                                               Commisioner


                                             Usia / Age                                  Masa Jabatan / Term of office                                Usia / Age                              Masa Jabatan / Term of office
                                             66                                          2024 -2025                                                   56                                      2024 -2025

                                             Dasar Penunjukan / Appointment Basis        Kewarganegaraan / Citizenship                                Dasar Penunjukan / Appointment Basis    Kewarganegaraan / Citizenship
                                             BoC Resolution Mar 2024                     Indonesia                                                    BoC Resolution Mar 2024                 Indonesia




                                                                                                                         Pendidikan dan pengalaman kerja beliau             His education and professional experience
Pendidikan dan pengalaman kerja beliau                         His education and professional experience                 dapat dilihat pada bagian profil Dewan             can be viewed in the profile section of the
dapat dilihat pada bagian profil Dewan                         can be viewed in the profile section of the               Komisaris pada halaman 188-189 Laporan             Board of Commissioners on page 188-189
Komisaris pada halaman 184-185 Laporan                         Board of Commissioners on page 184-185                    Tahunan ini.                                       of this Annual Report.
Tahunan ini.                                                   of this Annual Report.




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    Corporate Governance                                                                                                                                     Corporate Governance



Profile Komite Nominasi & Remunerasi                                                                                                                       Profile Komite Nominasi & Remunerasi
Profile of Nomination & Remuneration Committee                                                                                                   Profile of Nomination & Remuneration Committee




INDEPENDENSI                                     INDEPENDENCY
Komite Nominasi & Remunerasi                     The Nomination & Remuneration
pada prinsipnya berperan secara                  committee in its principle has a
profesional dan independen dalam                 professional and independent role in the
pelaksanaan tugas dan pelaporan hasil            implementation of its duties and reporting
kerjanya, serta tidak menerima atau              the result of its work without receiving
melakukan intervensi kepada pihak lainnya.       or making intervention from or to other
Hal tersebut sesuai dengan Piagam                parties. This is in accordance with the
Komite dan pilar GCG. Sebagai bentuk             Committee Charter and GCG pillars. As a
independensinya, Komite Nominasi &               form of its independence, the Nomination
Remunerasi memiliki komitmen untuk               & Remuneration Committee is committed
bebas dari pengaruh pihak manapun                to remain free from the influence of any
yang memiliki konflik kepentingan dan            parties where a conflict of interest may
tidak dapat dipengaruhi dalam proses             arise and cannot be influenced in the
pembuatan keputusan.                             decision-making process.
                                                                                              LAPORAN PELAKSANAAN TUGAS KOMITE              REPORT ON THE IMPLEMENTATION
                                                                                              NOMINASI & REMUNERASI TAHUN 2025              OF DUTIES OF THE NOMINATION &
PELATIHAN DAN/ATAU PENINGKATAN                   TRAINING AND/OR COMPETENCY                                                                 REMUNERATION COMMITTEE IN 2025
KOMPETENSI ANGGOTA KOMITE                        IMPROVEMENT OF NOMINATION &
NOMINASI & REMUNERASI                            REMUNERATION COMMITTEE MEMBERS               Pada tahun 2025, Komite Nominasi &            in 2025, the Nomination & Remuneration
Kegiatan peningkatan kompetensi baik             Competency enhancement activities both       Remunerasi menjalankan tugas dan              Committee has reported its duties to the
melalui pendidikan dan/atau pelatihan            through education and/or training that the   kewajiban dan melaporkannya kepada            Board of Commissioners as follows:
yang diikuti Komite Nominasi & Remunerasi        Nomination & Remuneration Committee          Dewan Komisaris sebagaimana berikut:
di sepanjang tahun 2025 dapat dilihat            participated during 2025 can be viewed
pada bab Profil Komite Nominasi &                in the Nomination & Remuneration             Berkaitan dengan Nominasi                     Related to Nomination
Remunerasi pada halaman 432-433                  Committee’s Profile section on page          •   Memberikan rekomendasi kepada             •   Provide recommendations to the
Laporan Tahunan ini. Namun Perusahaan            432-433 of this Annual Report.                   Dewan Komisaris mengenai komposisi            Board of Commissioners regarding
memastikan bahwa peningkatan                     However, the Company ensures that this           dan nominasi Dewan Komisaris dan              the composition and nomination of
kompetensi ini dilakukan secara optimal          competency improvement is carried                Direksi untuk masa bakti yang disetujui       the Board of Commissioners and
oleh setiap masing-masing anggota                out optimally by each member of the              oleh RUPS Tahunan sesuai dengan               Directors for the term of office which
Komite Nominasi & Remunerasi.                    Nomination & Remuneration Committee.             ketentuan Anggaran Dasar Perusahaan           was approved by the Annual GMS in
                                                                                                                                                accordance with the provisions of the
                                                                                                                                                Company’s Articles of Association



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    Corporate Governance                                                                                                                                                         Corporate Governance



Komite Nominasi & Remunerasi                                                                                                                                                          Komite Nominasi & Remunerasi
Nomination & Remuneration Committee                                                                                                                                        Nomination & Remuneration Committee




•     Komposisi dan nominasi yang disetujui    •   Composition and nomination               Berkaitan dengan Lain-Lain                                       Related to Other Issues
      oleh Dewan Komisaris diteruskan              approved by the Board of
                                                                                            •       Mengawasi dan memberi masukan                            •   To monitor and provide suggestions
      kepada pemegang saham dan                    Commissioners was forwarded to the
                                                                                                    terhadap perubahan program insentif                          regarding changes to the incentive
      disahkan dalam RUPS Tahunan                  shareholders and authorized during the
                                                                                                    bagi karyawan                                                program for employees
      21 April 2025                                Annual GMS on 21 April 2025


Berkaitan dengan Remunerasi                    Related to Remuneration                      •       Mengawasi penerapan talent mapping                       •   To monitor the implementation of
•     Mengusulkan kepada Dewan Komisaris       •   To make recommendations to the                   dan talent retention terutama yang                           talent mapping and talent retention,
      untuk menentukan remunerasi bagi             Board of Commissioners to determine              berhubungan dengan strategi                                  especially relating to the Company’s
      anggota Direksi Perusahaan untuk             the remuneration of the members of               diversifikasi Perusahaan                                     diversification strategy
      tahun buku 2025                              the Board of Directors of the Company    •       Mengusulkan pendekatan-pendekatan                        •   To propose approaches toward
                                                   for the fiscal year of 2025                      terhadap pengelolaan hubungan                                industrial relations management,
•     Mengusulkan kepada Dewan Komisaris       •   To propose to the Board of                       industrial, khususnya di lokasi proyek                       particularly regarding project location,
      untuk menetapkan besaran remunerasi          Commissioners to stipulate that the              di mana serikat pekerja klien berperan                       where a client’s labor union plays an
      Dewan Komisaris adalah sama                  amount of remuneration for the Board             penting                                                      important role
      dengan tahun 2024 atau dilakukan             of Commissioners should be the same      •       Mengawasi pengelolaan Perusahaan                         •   To monitor the Company’s
      penyesuaian apabila hal tersebut             as that in 2024 or to adjust if deemed           untuk mengantisipasi perkembangan                            management in order to anticipate
      diperlukan                                   necessary                                        tingkat remunerasi di pasar tenaga                           developments on the level of
•     Berdasarkan RUPS, besaran remunerasi     •   Based on the GMS, the decision on the            kerja dengan meningkatnya kegiatan                           remuneration in the manpower market
      kewenangannya diberikan kepada               amount of remuneration is entrusted              operasional tambang yang dipengaruhi                         along with the increase in mining
      Dewan Komisaris atas rekomendasi             to the Board of Commissioners                    perubahan harga komoditas                                    operational activities which are
      Komite Nominasi & Remunerasi                 based on the recommendations                                                                                  affected by changes in commodity
                                                   of the Nomination & Remuneration                                                                              prices
                                                   Committee
                                                                                            Rapat Komite Nominasi & Remunerasi
Berkaitan dengan Suksesi                       Related to Succession                        Nomination & Remuneration Committee Meetings
•     Melanjutkan pengawasan terhadap          •   To continue the supervision
      perencanaan suksesi dan pelaksanaan          of succession planning and
      program pengembangan di tingkat              implementation of development                                                    Rapat Komite Nominasi & Remunerasi
                                                                                                                                  Nomination & Remuneration Committee Meetings
      Direksi dan Divisi                           programs at the Board of Directors and
                                                   Divisions level                                                                                                       Jumlah Kehadiran          Persentase
                                                                                                                Nama               Jabatan         Jumlah Rapat
                                                                                                No                                                                          Number of               Kehadiran
                                                                                                                Name               Position     Number of Meetings
•     Melanjutkan pemantauan terhadap          •   To continue monitoring the results                                                                                      Attendance              Percentage

      hasil kerja Divisi Human Capital &           of the Human Capital & General
                                                                                                                                   Ketua
      General Services dalam hal talent            Services Division’s work regarding           1           Osman Sitorus
                                                                                                                                  Chairman
                                                                                                                                                         3                        3                  100%

      management dan leadership                    talent management and leadership
      development                                  development                                                                     Ketua
                                                                                                2           Erwin Ciputra                                3                        3                  100%
                                                                                                                                  Chairman


                                                                                                         Djauhar Maulidi, S.E.,   Anggota
                                                                                                3                                                        3                        3                  100%
                                                                                                               M.B.A.             Member




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   Corporate Governance                                                                                                                                      Corporate Governance




Komite Project & Investment
                                                                                                                                                                  Komite Project & Investment
                                                                                                                                                               Project & Investment Committee

Project & Investment Committee


Perusahaan memiliki Piagam Komite             Petrosea has a Project & Investment           PROFIL KOMITE PROJECT & INVESTMENT              PROFILE OF THE PROJECT & INVESTMENT
Project & Investment yang telah disahkan      Committee Charter which was approved                                                          COMMITTEE
oleh Dewan Komisaris. Piagam ini              by the Board of Commissioners.
                                                                                            Komite Project & Investment Perusahaan          The Company’s Project & Investment
menentukan tugas dan tanggung jawab           The charter defines the duties and
                                                                                            dipimpin oleh seorang Komisaris. Ketua          Committee is led by a commissioner. The
komite, serta implementasinya secara          responsibilities as well as the independent
                                                                                            komite memastikan keputusan diambil             chairman of the committee ensures that
independen. Sesuai piagam, ruang lingkup      implementation.Based on the charter, the
                                                                                            sesuai dengan kepentingan jangka                decisions are being made in the long-term
kegiatan komite ini adalah sebagai berikut:   scope of this committee’s activities is as
                                                                                            panjang Perusahaan.                             interest of the Company.
                                              follows:

                                                                                            Berdasarkan Keputusan Dewan Komisaris           Based on the decision from the Circular
Tugas, tanggung jawab dan wewenang            The roles, responsibilities and
                                                                                            Pengganti Rapat Dewan Komisaris                 Resolution of the Board of Commissioners
komite ini antara lain menilai potensial      accountabilities of this committee are
                                                                                            Petrosea No. PTP/RES/BOC/ XI/2023-              in Lieu of the Meeting of the Board of
risiko dan tingkat pengembalian atas suatu    amongst others to assess the potential
                                                                                            0020 pada 11 Desember 2023 jo. No. PTP          Commissioners of Petrosea No. No.
proyek baru dan investasi yang dilakukan      risks and level of return for a new project
                                                                                            RES/ BOC/VII/2023-0012 pada tanggal             PTP/ RES/BOC/XI/2023-0020 on 11
agar sejalan dengan annual business plan      and investment, which was conducted
                                                                                            1 September 2023, komposisi Komite              December 2023 jo. No. PTP/RES/BOC/
serta strategic business plan Perusahaan      in accordance with annual business
                                                                                            Project & Investment yang menjabat              VII/2023-0012 on 1 September 2023, the
dan bertugas untuk memberikan                 plan as well as strategic business plan
                                                                                            untuk periode 2023-2025 adalah sebagai          composition of the Project & Investment
rekomendasinya kepada Dewan Komisaris.        of the Company and its takes providing
                                                                                            berikut:                                        Committee serving for the period of 2023-
                                              recommendations to the Board of
                                                                                                                                            2025 is as follows:
                                              Commissioners.


                                                                                                         Nama                 Jabatan                                   Periode Jabatan
                                                                                                                                               Status
                                                                                                         Name                 Position                                  Term of office


                                                                                                                               Ketua        Komisaris                Periode 1, tahun ke-2
                                                                                                     Erwin Ciputra
                                                                                                                              Chairman    Commissioner                1st Period, 2nd term



                                                                                                                              Anggota       Komisaris                Periode 1, tahun ke-2
                                                                                              Djauhar Maulidi, S.E., M.B.A.
                                                                                                                              Member      Commissioner                1st Period, 2nd term



                                                                                                                              Anggota    Pihak Independen            Periode 1, tahun ke-2
                                                                                                  Sumantri Suwarno
                                                                                                                              Member     Independent Party            1st Period, 2nd term




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Profil Komite Project & Investment
                                                                                                                                                                                     Profil Komite Project & Investment
                                                                                                                                                                                Project & Investment Committee Profile


Profile of Project & Investment Committee



                                                          Erwin Ciputra                                                                                         Sumantri Suwarno
                                                                Ketua                                                                                                   Anggota
                                                               Chairman                                                                                                 Member


                                Usia / Age                                Masa Jabatan / Term of office                                  Usia / Age                               Masa Jabatan / Term of office
                                51                                        2023 -2025                                                     50                                       2023 -2025

                                Dasar Penunjukan / Appointment Basis      Kewarganegaraan / Citizenship                                  Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship
                                BoC Resolution Dec 2023                   Indonesia                                                      BoC Resolution Dec 2023                  Indonesia




Pendidikan dan pengalaman kerja beliau           His education and professional experience                Pendidikan                                           Education
dapat dilihat pada bagian profil Dewan           can be viewed in the profile section of the              Sarjana Ekonomi dari Universitas Indonesia           Bachelor of Economics from the University
Komisaris pada halaman 186-187 Laporan           Board of Commissioners on page 186-187                   pada tahun 2002                                      of Indonesia in 2002
Tahunan ini.                                     of this Annual Report.
                                                                                                          Rangkap Jabatan                                      Concurrent Positions
                                                                                                          Beliau menjabat sebagai Direktur Utama               He also serves as President Director at
                                                                                                          di PT Raharja Energi Cepu Tbk sejak 2025,            PT Raharja Energi Cepu Tbk since 2025,
                                                                                                          Komisaris di PT Raharja Energi Tanjung               Commissioner at PT Raharja Energi Tanjung
                                                                                                          Jabung sejak 2025 dan Penasihat di                   Jabung since 2025 and Advisor at
                                                 Djauhar Maulidi, S.E., M.B.A.                            PT Usahatama Mandiri Nusantara sejak                 PT Usahatama Mandiri Nusantara since
                                                              Komisaris                                   2015                                                 2015
                                                             Commisioner


                                Usia / Age                                Masa Jabatan / Term of office
                                                                                                          Pengalaman Kerja                                     Professional Experience
                                56                                        2023 -2025                      •   Komisaris Utama di PT Raharja Energi             •    President Commissioner at
                                                                                                              Cepu Tbk (2024-2025)                                  PT Raharja Energi Cepu Tbk
                                Dasar Penunjukan / Appointment Basis      Kewarganegaraan / Citizenship                                                             (2024-2025)
                                BoC Resolution Dec 2023                   Indonesia                       •   Komisaris Utama di PT Heksa Energi               •    President Commissioner at PT Heksa
                                                                                                              Mitraniaga (2023-2025)                                Energi Mitraniaga (2023-2025)
                                                                                                          •   Direktur Business Development di                 •    Director of Business Development at
                                                                                                              PT Rukun Raharja Tbk (2021-2025)                      PT Rukun Raharja Tbk (2021-2025)
                                                                                                          •   Komisaris Independen di PT BRI                   •    Independent Commissioner at
Pendidikan dan pengalaman kerja beliau            His education and professional experience                   Multifinance (2020-2023)                              PT BRI Multifinance (2020-2023)
dapat dilihat pada bagian profil Dewan            can be viewed in the profile section of the             •   Komisaris di PT Sirius Surya Sentosa             •    Commissioner at PT Sirius Surya
Komisaris pada halaman 188-189 Laporan            Board of Commissioners on page 188-189                      (2019-2024)                                           Sentosa (2019-2024)
Tahunan ini.                                      of this Annual Report.                                  •   Komisaris di PT IPC Terminal Petikemas           •    Commissioner at PT IPC Terminal
                                                                                                              (2019-2020)                                           Petikemas (2019 2020)
                                                                                                          •   Direktur Keuangan di PT Sarana Patra             •    Finance Director at PT Sarana Patra
                                                                                                              Hulu Cepu (BUMD Provinsi Jawa                         Hulu Cepu (BUMD Provinsi Jawa
                                                                                                              Tengah) (2015-2016)                                   Tengah) (2015-2016)
                                                                                                          •   Chief Corporate Officer di PT Karya              •    Chief Corporate Officer at PT Karya
                                                                                                              Bumi Baratama (2012-2014)                             Bumi Baratama (2012-2014)


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                                                                                                                                                                                         Komite Project & Investment
                                                                                                                                                                                      Project & Investment Committee




                                                                                          peningkatan kompetensi ini dilakukan                              competency improvement is carried out
                                                                                          secara optimal oleh setiap masing-masing                          optimally by each member of the Project &
                                                                                          anggota Komite Project & Investment.                              Investment Committee.



                                                                                          LAPORAN PELAKSANAAN TUGAS KOMITE                                  REPORT ON THE IMPLEMENTATION OF
                                                                                          PROJECT & INVESTMENT TAHUN 2025                                   DUTIES OF THE PROJECT & INVESTMENT
                                                                                                                                                            COMMITTEE IN 2025
                                                                                          Komite melakukan rapat penelaahan dan                             The Committee has conducted several
                                                                                          menyampaikan kesimpulan rapat sebagai                             meetings and submitted resolutions of
                                                                                          rekomendasi kepada Dewan Komisaris di                             the meetings as recommendations to
                                                                                          tahun 2025, yaitu antara lain:                                    the Board of Commissioners in 2025 as
                                                                                                                                                            follows:
                                                                                          •      Pengembangan usaha, aksi korporasi                         • Business development, corporate
                                                                                                 dan kegiatan pendanaan disesuaikan                             actions and funding activities were
                                                                                                 dengan Delegation of Authority                                 aligned with the Delegation of
                                                                                                                                                                Authority
INDEPENDENSI                                 INDEPENDENCY
                                                                                          •      Meninjau, mengidentifikasi dan                             •    Reviewed, identified and analyzed
Komite ini pada prinsipnya berperan          This committee in its principle has a               menganalisa risiko proyek dan return                            project risks and proposed return
secara profesional dan independen            professional and independent role in the            on investment yang layak dari setiap                            on investments which has been
dalam pelaksanaan tugas dan pelaporan        implementation of its duties and reporting          investasi yang dilakukan                                        conducted
hasil kerjanya, serta tidak menerima         of results of its work without receiving
atau melakukan intervensi kepada pihak       or making intervention from or to other
lainnya. Hal tersebut sesuai dengan          parties. This is in accordance with the
piagam komite dan pilar GCG. Sebagai         Committee Charter and GCG pillars. As
                                                                                          Rapat Komite Project & Investment
bentuk independensinya, Komite Project       a form of its independence, the Project
                                                                                          Project & Investment Committee Meetings
& Investment memiliki komitmen untuk         & Investment Committee is committed
bebas dari pengaruh pihak manapun            to remain free from the influence of any
yang memiliki konflik kepentingan dan        parties where a conflict of interest may
                                                                                                  Kehadiran Rapat dan Endorsement (Rapat Komite di Luar Rapat) Komite Project & Investment 2025
tidak dapat dipengaruhi dalam proses         arise and cannot be influenced in the                                Attendance of the 2025 Project & Investment Committee Meeting and Endorsement
pembuatan keputusan.                         decision making process.                                                               (Committee Meetings Outside of Meetings)


                                                                                                         Nama                 Jabatan          Jumlah Rapat          Jumlah Kehadiran              Persentase
                                                                                                         Name                 Position      Number of Meetings     Number of Attendance       Kehadiran Percentage
PELATIHAN DAN/ATAU PENINGKATAN               TRAINING AND/OR COMPETENCY
KOMPETENSI ANGGOTA KOMITE                    IMPROVEMENT OF PROJECT &                                                          Ketua
                                                                                                     Erwin Ciputra                                   26                        26                     100%
PROJECT & INVESTMENT                         INVESTMENT COMMITTEE MEMBERS                                                     Chairman

Sepanjang tahun 2025, Komite Project         Throughout 2025, the Project & Investment                                        Anggota
                                                                                              Djauhar Maulidi, S.E., M.B.A.                          26                        26                     100%
& Investment tidak mengikuti kegiatan        Committee did not participate in the                                             Member

peningkatan kompetensi baik melalui          competency enhancement activities
                                                                                                                              Anggota
pendidikan dan/atau pelatihan, namun         both through education and/or training,              Sumantri Suwarno                                   26                        26                     100%
                                                                                                                              Member
Perusahaan memastikan bahwa                  however the Company ensures that




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   Tata Kelola Perusahaan                                                                                                                                   Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                     Corporate Governance




Komite Keberlanjutan
                                                                                                                                                                       Komite Keberlanjutan
                                                                                                                                                                   Sustainability Committee


Sustainability Committee

Perusahaan telah memperoleh persetujuan        The Company obtained an approval from
Dewan Komisaris untuk mengesahkan              the Board of Commissioners to approve                     Nama                Jabatan                                Periode Jabatan
                                                                                                                                             Status
                                                                                                         Name                Position                                Term of office
Piagam Komite Keberlanjutan dengan             the Sustainability Committee Charter in line
perkembangan ESG di Perusahaan.                with recent ESG developments within the
                                                                                                                              Ketua        Komisaris              Periode 1, tahun ke-2
Piagam ini menentukan tugas, tanggung          Company. This Charter defines the duties,      Prof. Ginandjar Kartasasmita
                                                                                                                             Chairman    Commissioner              1st Period, 2nd term
jawab dan wewenang komite, serta               responsibilities and authorities of the
implementasinya secara independen.             committee, as well as their independent                                       Anggota    Pihak Independen          Periode 1, tahun ke-2
                                                                                                      Ogi Rulino
                                                                                                                             Member     Independent Party          1st Period, 2nd term
Selain itu, Piagam ini juga membantu           implementation. In addition, this Charter
Komite Keberlanjutan dalam memantau            also assists the Sustainability Committee
                                                                                                                             Anggota    Pihak Independen          Periode 1, tahun ke-2
kinerja dan risiko ESG, termasuk meninjau      in monitoring ESG performance and risks,             Hasnul Suhaimi
                                                                                                                             Member     Independent Party          1st Period, 2nd term
risiko proyek dan investasi terkait            including reviewing project and investment
keberlanjutan.                                 risks related to sustainability.

Sesuai Piagam, ruang lingkup kegiatan          Based on the Charter, the scope of the
Komite Keberlanjutan Perusahaan adalah         Sustainability Committee’s activities is
melaksanakan tugas, tanggung jawab dan         to carry out the roles, responsibilities and
wewenang komite, antara lain memantau,         accountabilities of this committee are
meninjau, mengevaluasi serta memberikan        amongst others monitor, review, evaluate
rekomendasi atas kinerja, inisiatif, rencana   as well as make recommendations for
dan risiko terkait ESG dalam setiap            performance, initiatives, plans and risk
investasi yang diajukan oleh manajemen.        related to ESG for each investment
                                               proposed by management.

PROFIL KOMITE KEBERLANJUTAN                    PROFILE OF THE SUSTAINABILITY
                                               COMMITTEE
Komite Keberlanjutan Perusahaan dipimpin       The Company’s Sustainability Committee
oleh seorang Komisaris dan mencakup            is led by a commissioner and includes two
dua profesional sebagai anggota. Ketua         professionals as members. The chairman
komite memastikan keputusan diambil            of the committee ensures that decisions
sesuai dengan kepentingan jangka               are being made in the long-term interest of
panjang Perusahaan.                            the Company.

Berdasarkan Keputusan Sirkular Dewan           Based on the decision from the Circular
Komisaris Petrosea No. PTP/RES/BOC/            Resolution of the Board of Commissioners
III/2024-0004 pada 1 April 2024 jo. No.        Petrosea No. PTP/RES/ BOC/III/2024-
PTP/RES/BOC/XI/2023-0020 pada                  0004 on 1 April 2024 jo. PTP/RES/BOC/
11 Desember 2023, komposisi Komite             XI/2023-0020 on 11 December 2023,
Keberlanjutan yang menjabat untuk              the composition of the Sustainability
periode 2024-2025 adalah sebagai               Committee serving for the period of 2024-
berikut:                                       2025 is as follows:




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  Tata Kelola Perusahaan                                                                                             Tata Kelola Perusahaan
  Corporate Governance                                                                                               Corporate Governance




                                             Profil Komite Keberlanjutan
                                             Profile of Sustainability Committee



                                                                                              Prof. Ginandjar Kartasasmita
                                                                                                             Anggota
                                                                                                             Member


                                                                              Usia / Age                               Masa Jabatan / Term of office
                                                                              84                                       2024 -2025

                                                                              Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship
                                                                              BoC Resolution Apr 2024                  Indonesia




                                             Pendidikan dan pengalaman kerja beliau            His education and professional experience
                                             dapat dilihat pada bagian profil Dewan            can be viewed in the profile section of the
                                             Komisaris pada halaman 190-194                    Board of Commissioners on page 190-194
                                             Laporan Tahunan ini.                              of this Annual Report.




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    Tata Kelola Perusahaan                                                                                                                                                    Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                      Corporate Governance



Profil Komite Keberlanjutan                                                                                                                                                           Profil Komite Keberlanjutan
Profile of Sustainability Committee                                                                                                                                            Profile of Sustainability Committee




                                                                  Ogi Rulino
                                                                                                                                                      Ogi Rulino
                                                                     Anggota
                                                                     Member                                                                             Anggota
                                                                                                                                                        Member

                                      Usia / Age                               Masa Jabatan / Term of office
                                      57                                       2024 -2025
                                                                                                               Pengalaman Kerja                               Professional Experience
                                      Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship
                                                                                                               •   Komisaris Utama di PT Pelabuhan            •    President Commissioner of
                                      BoC Resolution Apr 2024                  Indonesia
                                                                                                                   Tanjung Priok (Pelindo Group)                   PT Pelabuhan Tanjung Priok (Pelindo
                                                                                                                   (2020-2024)                                     Group) (2020-2024)
                                                                                                               •   Direktur Strategi & Komersial di           •    Strategy & Commercial Director of
                                                                                                                   PT Pelindo Multi Terminal (2021-2023)           PT Pelindo Multi Terminal (2021-2023)
Pendidikan                                              Education                                              •   Direktur Transformasi dan                  •    Transformation and Business
•    Fakultas Teknik Mesin dan Dirgantara               •    Faculty of Mechanical and Aerospace                   Pengembangan Usaha di PT Pelabuhan              Development Director of PT Pelabuhan
     Institut Teknologi Bandung dengan                       Engineering, Institut Teknologi                       Indonesia II (Persero) (2019-2021)              Indonesia II (Persero) (2019-2021)
     jurusan Teknik Mesin                                    Bandung with major in Mechanical                  •   Direktur Logistik & Pengembangan           •    Logistics & Business Development
                                                             Engineering                                           Usaha di PT Krakatau Steel (Persero)            Director of PT Krakatau Steel (Persero)
•    Bachelor of Science (B.Sc), jurusan                •    Bachelor of Science (B.Sc) degree                     Tbk (2018-2019)                                 Tbk (2018-2019)
     Teknologi Informatika (IT), University of               majoring in Information Technology                •   Direktur Logistik di PT Krakatau Steel     •    Logistics Director of PT Krakatau Steel
     Electro-Communications, Tokyo                           (IT) from the University of Electro-                  (Persero) Tbk (2015-2018)                       (Persero) Tbk (2015-2018)
                                                             Communications, Tokyo                             •   Sebelumnya beliau juga pernah bekerja      •    Previously He held positions in various
•    Master of Engineering (M.Eng), jurusan             •    Master of Engineering (M. Eng),                       di beberapa Perusahaan lainnya,                 other companies, including
     Teknologi Informatika (IT), University of               majoring in Information Technology                    termasuk PT Nusantara Infrastructure            PT Nusantara Infrastructure Tbk,
     Electro-Communications, Tokyo                           (IT) from the University of Electro-                  Tbk, PT Mitsui OSK Lines Indonesia,             PT Mitsui OSK Lines Indonesia, PT Inter
                                                             Communications, Tokyo                                 PT Inter Admark Dentsu dan                      Admark Dentsu and Mitsui & Co. Ltd.
                                                                                                                   Mitsui & Co. Ltd.

Rangkap Jabatan                                        Concurrent Positions
•     Komisaris Utama di Hafar Capitol                 •    President Commissioner of PT Hafar
      Nusantara (2025 sampai saat ini)                      Capitol Nusantara (2025 until now)
•     Komisaris Utama di Hafar Daya                    •    President Commissioner of PT Hafar
      Samudera (2025 sampai saat ini)                       Daya Samudera (2025 until now)
•     Komisaris Utama di PT Hafar Daya                 •    President Commissioiner of PT Hafar
      Konstruksi (2025 sampai saat ini)                     Daya Konstruksi (2025 until now)
•     Komisaris di PT Panji Raya Alamindo              •    Commissioner of PT Panji Raya
      (2025 sampai saat ini)                                Alamindo (2025 until now)
•     Komisaris Utama di PT Heksa Energi               •    President Commissioner of PT Heksa
      Mitraniaga (2025 sampai saat ini)                     Energi Mitraniaga (2025 until now)
•     Komisaris Utama di PT Petrotech                  •    President Commissioner of PT
      Pentanusa (2023 sampai saat ini)                      Petrotech Pentanusa (2023 until now)
•     Direktur di PT Rukun Raharja Tbk (2023           •    Director of PT Rukun Raharja Tbk
      sampai saat ini)                                      (2023 until now)




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    Tata Kelola Perusahaan                                                                                                                                                            Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                              Corporate Governance



Profil Komite Keberlanjutan                                                                                                                                                                   Profil Komite Keberlanjutan
Profile of Sustainability Committee                                                                                                                                                    Profile of Sustainability Committee




                                                               Hasnul Suhaimi                                                                           Hasnul Suhaimi
                                                                     Anggota
                                                                                                                                                                Anggota
                                                                     Member
                                                                                                                                                                Member


                                      Usia / Age                               Masa Jabatan / Term of office
                                      68                                       2024 -2025
                                                                                                               •   Semasa karirnya di XL, sebuah unit                 •   During his time in XL, he also created a
                                      Dasar Penunjukan / Appointment Basis     Kewarganegaraan / Citizenship       bisnis baru (“digital services”) didirikan             new business unit (“digital services”)
                                      BoC Resolution Apr 2024                  Indonesia                           untuk mengantisipasi tren bisnis                       to anticipate the digital business
                                                                                                                   ke arah digital sekaligus membuka                      trend while also opening new growth
                                                                                                                   peluang pertumbuhan di masa                            opportunities in the future
                                                                                                                   mendatang

                                                                                                               •   Selain XL, beliau juga memiliki                    •   Besides XL, his experiences in other
Pendidikan                                              Education
                                                                                                                   pengalaman memimpin tiga                               Indonesia’s major telecommunication
•    Master of Business Administration dari             •    Master of Business Administration
                                                                                                                   perusahaan telekomunikasi besar                        companies include Commercial
     Universitas Hawaii, AS lulus tahun 1992                 from the University of Hawaii, the USA,
                                                                                                                   lainnya di Indonesia, yaitu Direktur                   Director of Telkomsel (1998-2000),
                                                             in 1992
                                                                                                                   Niaga Telkomsel (1998-2000),                           President Director of IM3 (2001-
•    Sarjana Elektro dari Institut Teknologi            •    Bachelor’s degree in Electrical
                                                                                                                   Direktur Utama IM3 (2001-2002) dan                     2002) and President Director of PT
     Bandung (ITB) lulus tahun 1981                          Engineering from Institut Teknologi
                                                                                                                   Direktur Utama PT Indosat (2002-                       Indosat (2002-2006). He also served
                                                             Bandung (ITB) in 1981
                                                                                                                   2006). Beliau juga pernah menjabat                     as and was appointed as President
                                                                                                                   sebagai Komisaris Utama PT POS                         Commissioner of PT POS Indonesia
Rangkap Jabatan                                         Concurrent Positions
                                                                                                                   Indonesia (2016-Juni 2019) dan Advisor                 (2018-June 2019) and Advisor at
Beliau juga menjabat sebagai Komisaris                  He also serves as Commissioner of                          Bukalapak (2016-2020)                                  Bukalapak (2016-2020)
PT Tripatra Engineering sejak 2021,                     PT Tripatra Engineering since 2021,
Komisaris PT Paragon Technology &                       Commissioner of PT Paragon Technology &
                                                                                                               INDEPENDENSI                                           INDEPENDENCY
Innovation sejak 2024, Komisaris PT                     Innovation since 2024, Commissioner of
Interport Mandiri Utama sejak 2024, Dosen               PT Interport Mandiri Utama since 2024,                 Komite Keberlanjutan pada prinsipnya                   The Sustainability Committee in
Praktisi SBM ITB sejak 2020 dan Dosen                   Practitioner Lecturer at SBM ITB since                 berperan secara profesional dan                        its principle has a professional and
IPMI sejak 2016.                                        2020 and Lecturer at IPMI since 2016.                  independen dalam pelaksanaan tugas                     independent role in the implementation
                                                                                                               dan pelaporan hasil kerjanya, serta tidak              of its duties and reporting the result of
Pengalaman Kerja                                        Professional Experience                                menerima atau melakukan intervensi                     its work without receiving or making
•    Sebelumnya beliau telah berkarier                  •    Has 33 years of experience at several             kepada pihak lainnya. Hal tersebut sesuai              intervention from or to other parties. This
     selama 33 tahun di beberapa                             major telecommunication companies                 dengan piagam komite dan pilar GCG.                    is in accordance with the Committee
     perusahaan telekomunikasi terkemuka                     in Indonesia                                      Sebagai bentuk independensinya, Komite                 Charter and GCG pillars. As a form of
     di Indonesia                                                                                              Keberlanjutan memiliki komitmen untuk                  its independence, the Sustainability
•    Selama 8 tahun, beliau menjadi                     •    During his eight years as President               bebas dari pengaruh pihak manapun                      Committee is committed to remain free
     Direktur Utama PT XL Axiata Tbk dan                     of PT XL Axiata Tbk, he successfully              yang memiliki konflik kepentingan dan                  from the influence of any parties in which
     telah berhasil mentransformasi serta                    transformed and established the                   tidak dapat dipengaruhi dalam proses                   conflicts of interest may arise and cannot
     menempatkan perusahaan tersebut                         company as the second-largest                     pembuatan keputusan.                                   be influenced in the decision-making
     menjadi operator seluler terbesar                       cellular operator in Indonesia                                                                           process.
     kedua di Indonesia




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    Tata Kelola Perusahaan                                                                                                                                                       Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                         Corporate Governance



Komite Keberlanjutan                                                                                                                                                                        Komite Keberlanjutan
Sustainability Committee                                                                                                                                                                 Sustainability Committee




                                                                                           Rapat Komite Keberlanjutan
                                                                                           Sustainability Committee Meetings
PELATIHAN DAN/ATAU PENINGKATAN                TRAINING AND/OR COMPETENCY
KOMPETENSI ANGGOTA KOMITE                     IMPROVEMENT OF SUSTAINABILITY                                                   Kehadiran Rapat Komite Keberlanjutan 2025
KEBERLANJUTAN                                 COMMITTEE MEMBERS                                                            Attendance of the 2025 Sustainability Committee Meeting

Sepanjang tahun 2025, Komite                  Throughout 2025, the Sustainability
                                                                                                       Nama                Jabatan           Jumlah Rapat           Jumlah Kehadiran           Persentase
Keberlanjutan tidak mengikuti kegiatan        Committee did not participate in the                     Name                Position       Number of Meetings      Number of Attendance    Kehadiran Percentage
peningkatan kompetensi baik melalui           competency enhancement activities
pendidikan dan/atau pelatihan, namun          both through education and/or training,       Prof. Ginandjar Kartasasmita
                                                                                                                            Ketua
                                                                                                                                                   2                         2                     100%
                                                                                                                           Chairman
Perusahaan memastikan bahwa                   however the Company ensures that
peningkatan kompetensi ini dilakukan          competency improvement is carried
                                                                                                                           Anggota
                                                                                                    Ogi Rulino                                     2                         2                     100%
secara optimal oleh setiap masing-masing      out optimally by each member of the                                          Member
anggota Komite Keberlanjutan.                 Sustainability Committee.
                                                                                                                           Anggota
                                                                                                  Hasnul Suhaimi                                   2                         2                     100%
                                                                                                                           Member

LAPORAN PELAKSANAAN TUGAS                     REPORT ON THE IMPLEMENTATION
KOMITE KEBERLANJUTAN TAHUN 2025               OF DUTIES OF THE SUSTAINABILITY
                                              COMMITTEE IN 2025
Komite melakukan rapat penelaahan             The Committee conducts regular
secara berkala dan menyampaikan               review meetings and submits meeting
kesimpulan rapat sebagai rekomendasi          conclusions as recommendations to the
kepada Dewan Komisaris Perusahaan,            Company’s Board of Commissioners,
di antaranya adalah penerapan strategi        among them are the implementation
keberlanjutan yang berfokus pada              of sustainability strategies that focus
peningkatan kualitas jasa pertambangan        on improving the quality of integrated
dan EPC terintegrasi melalui penerapan        mining and EPC services through the
operational excellence & continuous           implementation of operational excellence
improvement, memperkuat budaya                & continuous improvement, strengthening
Keselamatan & Kesehatan Kerja (K3),           the culture of Occupational Health &
melakukan inisiatif pengendalian biaya,       Safety (OHS), carrying out cost control
memprioritaskan Environmental, Social &       initiatives, prioritizing Environmental,
Governance (ESG), serta memanfaatkan          Social & Governance (ESG) and utilizing
teknologi terkini melalui Minerva Digital     the latest technology through the Minerva
Platform. Selain itu, Perusahaan terus        Digital Platform. In addition, the Company
mengedepankan Good Corporate                  continues to prioritize Good Corporate
Governance (GCG) sebagai enabler dalam        Governance (GCG) as an enabler in
menjaga business sustainability menuju        maintaining business sustainability
sustainable future melalui synergy.           towards a sustainable future through
                                              synergy.




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    Tata Kelola Perusahaan                                                                                                                                                             Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                               Corporate Governance




Sekretaris Perusahaan & Komunikasi
                                                                                                                                                                                       Sekretaris Perusahaan & Komunikasi
                                                                                                                                                                                 Corporate Secretary & Communications

Corporate Secretary & Communications




                                                                                                                                                      Anto Broto
                                                               Anto Broto
                                                                                                                                         Kepala Sekretaris Perusahaan & Komunikasi
                                                                                                                                        Head of Corporate Secretary & Communications

                                   Usia / Age                             Kewarganegaraan / Citizenship

                                   54                                     Indonesia
                                                                                                          Pelatihan dan/atau Pendidikan dalam                    Training and/or Education to Improve
                                   Dasar Penunjukan / Appointment Basis
                                                                                                          Meningkatkan Kompetensi Tahun 2025                     Competency during 2025
                                   BoD Resolution Sep 2014
                                                                                                          •   Penyegaran POJK 15/ POJK.04/2022                   •    Refreshment of POJK 15/
                                                                                                              tentang Pemecahan Saham                                 POJK.04/2022 concerning Stock
                                                                                                              dan Penggabungan Saham oleh                             Split and Reverse Stock Split by Public
                                                                                                              Perusahaan Terbuka, diselenggarakan                     Company, held by Asosiasi Emiten
Pendidikan                                           Education
                                                                                                              oleh Asosiasi Emiten Indonesia pada                     Indonesia on 23 January 2025
•   Sarjana Ekonomi & Akuntansi dari                 •    Bachelor in Economics & Accounting                  tanggal 23 Januari 2025
    Universitas Indonesia (1995)                          from the University of Indonesia (1995)
                                                                                                          •   Sosialisasi POJK 45/2024 tentang                   •    Socialization of POJK 45/2024
•   Magister Manajemen dari Universitas              •    Master of Management from
                                                                                                              Pengembangan dan Penguatan                              concerning Development and
    Prasetya Mulya (2021)                                 Universitas Prasetya Mulya (2021)
                                                                                                              Emiten dan Perusahaan Publik,                           Strengthening of Issuers and Public
•   Certified in Sustainability for Finance          •    Certified in Sustainability for Finance
                                                                                                              diselenggarakan oleh OJK pada                           Companies, held by OJK on
    dari Association of Chartered Certified               from Association of Chartered
                                                                                                              tanggal 6 Februari 2025                                 6 February 2025
    Accountants (2025)                                    Certified Accountants (2025)
                                                                                                          •   Webinar “Navigating Sustainability                 •    Webinar “Navigating Sustainability
                                                                                                              Reporting Standards”,                                   Reporting Standards”, held by PT Bursa
Pengalaman Kerja                                     Professional Experience
                                                                                                              diselenggarakan oleh PT Bursa Efek                      Efek Indonesia, Global Reporting
Sebelumnya, beliau bekerja di PT Indika              Previously, he worked at PT Indika Energy
                                                                                                              Indonesia, Global Reporting Initiative                  Initiative & Asosiasi Emiten Indonesia
Energy Tbk sejak tahun 2009 dengan                   Tbk since 2009 with the last position
                                                                                                              & Asosiasi Emiten Indonesia pada                        on 20 March 2025
posisi terakhir sebagai Investor Relations           as Investor Relations Senior Manager,
                                                                                                              tanggal 20 Maret 2025
Senior Manager, Direktur PT Tavesco                  Director of PT Tavesco International and
                                                                                                          •   Sosialisasi Peraturan Liquidity Provider           •    Socialization of Regulation on Stock
International serta Vice President of                Vice President of Finance of PT Tason
                                                                                                              Saham, diselenggarakan oleh PT Bursa                    Liquidity Provider, held by PT Bursa
Finance PT Tason Holding (2005-2009),                Holding (2005 2009), as well as Director
                                                                                                              Efek Indonesia pada tanggal 27 Mei                      Efek Indonesia on 27 May 2025
serta Direktur Keuangan PT Calmusindo                of Finance of PT CalmusindoEnergy
Energy Services (2003-2005). Beliau                  Services (2003-2005). He started his                     2025
memulai karirnya di PT Syahrir Securities            career at PT Syahrir Securities in 1995 with         •   Technical Training on IFRS                         •    Technical Training on IFRS
pada tahun 1995 dengan jabatan                       the last position as Director of Finance and             Sustainability Disclosures                              Sustainability Disclosures Standards
terakhir sebagai Direktur Keuangan dan               Corporate Finance. Throughout his career                 Standards for Corporate Preparers,                      for Corporate Preparers, held by OJK,
Corporate Finance. Selama karirnya, beliau           he obtained several licenses in the field of             diselenggarakan oleh OJK, ASEAN                         ASEAN Capital Markets Forum (ACMF)
memperoleh beberapa lisensi di bidang                capital market.                                          Capital Markets Forum (ACMF) dan                        dan International Financial Reporting
pasar modal.                                                                                                  International Financial Reporting                       Standards (IFRS) Foundation on 28 May
                                                                                                              Standards (IFRS) Foundation pada                        2025
                                                                                                              tanggal 28 Mei 2025
                                                                                                          •   Training “Certificates Sustainability for          •    Training “Certificates Sustainability
                                                                                                              Finance”, diselenggarakan oleh Ikatan                   for Finance” held by Ikatan Akuntan
                                                                                                              Akuntan Indonesia pada tanggal 8 – 23                   Indonesia on 8 – 23 March 2025
                                                                                                              Maret 2025



454   Laporan Tahunan / Annual Report 2025                                                                                                                                                   PT Petrosea Tbk 455
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    Tata Kelola Perusahaan                                                                                                                                                             Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                               Corporate Governance



Sekretaris Perusahaan & Komunikasi                                                                                                                                                     Sekretaris Perusahaan & Komunikasi
Corporate Secretary & Communications                                                                                                                                             Corporate Secretary & Communications




                                                   Anto Broto                                                                                          Anto Broto
                                      Kepala Sekretaris Perusahaan & Komunikasi                                                          Kepala Sekretaris Perusahaan & Komunikasi
                                     Head of Corporate Secretary & Communications                                                       Head of Corporate Secretary & Communications




•     Sosialisasi POJK 9/2025 tentang                         •    Socialization of POJK 9/2025              •   Sustainability Workshop: Navigating             •    Sustainability Workshop: Navigating
      Dematerialisasi Efek Bersifat                                concerning Dematerialization of               the Double Lense of Materiality,                     the Double Lense of Materiality, held
      Ekuitas Dan Pengelolaan Aset                                 Equity Securities and Management              diselenggarakan oleh Trisakti                        by Trisakti Sustainability Center on
      Yang Tidak Diklaim Di Pasar Modal,                           of Unclaimed Assets in the Capital            Sustainability Center pada tanggal                   29 October 2025
      diselenggarakan oleh OJK pada                                Market, held by OJK on 19 June 2025           29 Oktober 2025
      tanggal 19 Juni 2025
                                                                                                             •   Sosialisasi Pernyataan Standar                  •    Socialization of Sustainability
•     Webinar POJK 14/2025 tentang                            •    Webinar POJK 14/2025 concerning               Pengungkapan Keberlanjutan – PSPK 1                  Disclosure Standards – PSPK 1
      Pelaksanaan Rapat Umum Pemegang                              the Implementation of General                 dan PSPK 2, diselenggarakan oleh                     and PSPK 2, held by PT Bursa Efek
      Saham, Rapat Umum Pemegang                                   Meetings of Shareholders, General             PT Bursa Efek Indonesia & Ikatan                     Indonesia & Ikatan Akuntan Indonesia
      Obligasi Dan Rapat Umum                                      Meetings of Bondholders and General           Akuntan Indonesia pada tanggal                       on 29 October 2025
      Pemegang Sukuk Secara Elektronik,                            Meetings of Sukuk Holders Conducted           29 Oktober 2025
      diselenggarakan oleh Asosiasi Emiten                         Electronically, held by Asosiasi Emiten                                                       •    ACMF-ISSB Joint Technical Training
                                                                                                             •   Workshop dan ACMF-ICAEW Joint
      Indonesia & OJK pada tanggal 31 Juli                         Indonesia & OJK on 31 July 2025                                                                    Workshop and ACMF-ICAEW Joint
                                                                                                                 Workshop for Corporate Preparers,
      2025                                                                                                                                                            Workshop for Corporate Preparers,
                                                                                                                 diselenggarakan oleh OJK, ASEAN
                                                                                                                                                                      held by OJK, ASEAN Capital Markets
•     Webinar “GRI 102 & GRI 103: Climate                     •    Webinar “GRI 102 & GRI 103: Climate           Capital Markets Forum (ACMF) &
                                                                                                                                                                      Forum (ACMF) & International Financial
      Change and Energy Topic Standards”,                          Change and Energy Topic Standards”,           International Financial Reporting
                                                                                                                                                                      Reporting Standards (IFRS) Foundation
      diselenggarakan oleh                                         held by PT Bursa Efek Indonesia, Global       Standards (IFRS) Foundation) pada
                                                                                                                                                                      on 4 November 2025
      PT Bursa Efek Indonesia, Global                              Reporting Initiative & Asosiasi Emiten        tanggal 4 November 2025
      Reporting Initiative & Asosiasi Emiten                       Indonesia on 3 September 2025                                                                 •    Socialization of Regulations and the
                                                                                                             •   Sosialisasi Regulasi dan Sistem
      Indonesia pada tanggal 3 September                                                                                                                              Reporting System for Changes in Share
                                                                                                                 Pelaporan PerubahanKepemilikan
      2025                                                                                                                                                            Ownership, organized by OJK on
                                                                                                                 Saham yang diselenggarakan oleh OJK
                                                              •    Webinar “Workshop on IFRS                                                                          19 December 2025
•     Webinar “Workshop on IFRS                                                                                  pada tanggal 19 Desember 2025
      Sustainability Standards”,                                   Sustainability Standards”, held by
      diselenggarakan oleh PT Bursa                                PT Bursa Efek Indonesia & Sustainable
      Efek Indonesia & Sustainable Stock                           Stock Exchanges on 23 September
                                                                   2025                                      STRUKTUR ORGANISASI SEKRETARIS                      CORPORATE SECRETARY &
      Exchanges pada tanggal
                                                                                                             PERUSAHAAN & KOMUNIKASI                             COMMUNICATIONS ORGANIZATION
      23 September 2025
                                                                                                                                                                 STRUCTURE
                                                                                                             Sekretaris Perusahaan bertanggung                   The Corporate Secretary directly reports
                                                                                                             jawab langsung kepada Direktur Legal                to the Board of Legal & Communications
                                                                                                             & Communications. Di divisi Sekretaris              Director. The Corporate Secretary &
                                                                                                             Perusahaan & Komunikasi, terdapat dua               Communications division consists of two
                                                                                                             departemen, yaitu Corporate Secretary               departments, namely Corporate Secretary
                                                                                                             dan Corporate Communications.                       and Corporate Communications.




456     Laporan Tahunan / Annual Report 2025                                                                                                                                                 PT Petrosea Tbk        457
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    Tata Kelola Perusahaan                                                                                                                                 Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                   Corporate Governance



Sekretaris Perusahaan & Komunikasi                                                                                                                         Sekretaris Perusahaan & Komunikasi
Corporate Secretary & Communications                                                                                                                    Corporate Secretary & Communications




TUGAS & TANGGUNG JAWAB                         CORPORATE SECRETARY DUTIES &                  PELAKSANAAN TUGAS SEKRETARIS                  CORPORATE SECRETARY DUTIES
SEKRETARIS PERUSAHAAN                          RESPONSIBILITIES                              PERUSAHAAN TAHUN 2025                         IMPLEMENTATION IN 2025
Tugas dan tanggung jawab departemen            The duties and responsibilities of the        Sepanjang 2025, departemen Corporate          Throughout 2025, the Corporate Secretary
Corporate Secretary, antara lain:              Corporate Secretary department, are           Secretary melaksanakan berbagai               department conducted various activities,
                                               amongst others:                               kegiatan, diantaranya:                        including:
•     Memimpin pengembangan dan                •   Lead the development and                  •   Melengkapi corporate governance           •   Completed existing corporate
      pelaksanaan program kepatuhan                implementation of a comprehensive             policies yang telah dimiliki dengan           governance policies with versions in
      yang komprehensif serta menjaga              compliance development program                versi Bahasa Indonesia dan Bahasa             both Bahasa Indonesia and English,
      pengelolaan risiko secara efektif            and maintain regulatory risks                 Inggris untuk GCG Manual, Piagam              including the GCG Manual, Audit, Risk
                                                                                                 Komite Audit, Risk & Compliance,              & Compliance Committee, Nomination
•     Mengembangkan dan memelihara             •   Develop and maintain compliance               Piagam Komite Nominasi &                      & Remuneration Committee, Project
      sistem manajemen kepatuhan: Board            management system: Board Manual,              Remunerasi, Piagam Komite Project &           & Investment Committee Charters as
      Manual, GCG Manual, Piagam Komite            GCG Manual, Audit, Risk & Compliance          Investment serta Kebijakan Komunikasi         well as Communication Policy
      Audit, Risk & Compliance, Piagam             Committee Charter, Nomination &
                                                                                             •   Melakukan keterbukaan informasi           •   Conducted disclosure of information
      Komite Nominasi & Remunerasi,                Remuneration Committee Charter,
                                                                                                 kepada OJK, BEI dan publik sebanyak           to OJK, BEI and the public as many as
      Piagam Komite Project & Investment,          Project & Investment Committee
                                                                                                 107 kali secara tepat waktu serta             107 times in a timely manner as well
      Kebijakan Komunikasi, Piagam Komite          Charter, Communication Policy,
                                                                                                 menyampaikannya melalui situs web             as conveyed through the corporate
      Keberlanjutan, Delegation of Authority       Sustainability Committee Charter,
                                                                                                 Perusahaan                                    website
      dan lain-lain                                Delegation of Authority, etc
                                                                                             •   Melaksanakan RUPS, baik RUPS              •   Conducted GMS, both Annual and
•     Mengikuti perkembangan pasar modal       •   Follow capital market developments
                                                                                                 Tahunan dan RUPS Luar Biasa, serta            Extraordinary GMS, as well as Public
      dan menjaga kepatuhan Perusahaan             and ensure the Company’s compliance
                                                                                                 Paparan Publik                                Expose
      terhadap peraturan perundang-                with Indonesia’s capital market rules
      undangan pasar modal Indonesia               and regulations                           •   Menyusun rencana kegiatan korporasi       •   Arranged the 2026 annual corporate
                                                                                                 tahun 2026 untuk Direksi, Dewan               activity plan for the Board of Directors,
•     Memberikan masukan kepada                •   Provide input to the Board of Directors
                                                                                                 Komisaris dan seluruh komite sebagai          Board of Commissioners and all
      Direksi dan Dewan Komisaris terkait          and Board of Commissioners
                                                                                                 bagian dari rencana kerja tahunan serta       committees as part of the annual
      perkembangan peraturan perundang-            regarding developments of capital
                                                                                                 peraturan perundang-undangan di               business plan as well as prevailing
      undangan pasar modal Indonesia               market rules and regulations
                                                                                                 bidang pasar modal yang berlaku               capital market rules and regulations
•     Membantu Direksi dan Dewan               •   Assist the Board of Directors
                                                                                             •   Melaksanakan, mengkoordinasikan           •   Conducted, coordinated and
      Komisaris dalam pelaksanaan tata             and Board of Commissioners in
                                                                                                 dan mendokumentasikan rapat rutin             documented 33 routine meetings of
      kelola perusahaan sesuai dengan pilar        implementing corporate governance in
                                                                                                 Direksi sebanyak 33 kali, Dewan               the Board of Directors, 6 meetings of
      GCG                                          accordance with GCG pillars
                                                                                                 Komisaris sebanyak 6 kali, rapat              the Board of Commissioners, 6 each
•     Berperan sebagai penghubung              •   Act as a liaison and maintain                 gabungan (baik rapat gabungan                 meetings (both joint meetings of the
      dan menjalin komunikasi antara               communication between the Company             Dewan Komisaris dengan Direksi                Board of Commissioners and Board
      Perusahaan dengan Pemegang Saham,            and its Shareholders, the Financial           maupun rapat gabungan Direksi                 of Directors and joint meetings of
      Otoritas Jasa Keuangan dan Bursa             Services Authority (OJK), Indonesia           dengan Dewan Komisaris) masing-               the Board of Directors and Board of
      Efek Indonesia serta seluruh Self-           Stock Exchange (IDX), as well as              masing sebanyak 3 kali, rapat Komite          Commissioners), 9 meetings of the
      Regulatory Organization termasuk             all Self-Regulatory Organizations             Audit, Risk & Compliance sebanyak             Audit, Risk & Compliance Committee,
      pemangku kepentingan lainnya                 including other stakeholders                  9 kali, rapat Komite Nominasi &               3 meetings of the Nomination &
                                                                                                 Remunerasi sebanyak 3 kali, rapat             Remuneration Committee, 26
•     Menjaga pemenuhan ketentuan              •   Ensure continuous compliance with the
                                                                                                 & endorsement Komite Project &                meetings & endorsements of the
      Delegation of Authorities                    Company’s Delegation of Authority
                                                                                                 Investment sebanyak 26 kali serta             Project & Investment Committee



458     Laporan Tahunan / Annual Report 2025                                                                                                                     PT Petrosea Tbk 459
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    Tata Kelola Perusahaan                                                                                                                               Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                 Corporate Governance



Sekretaris Perusahaan & Komunikasi                                                                                                                       Sekretaris Perusahaan & Komunikasi
Corporate Secretary & Communications                                                                                                                  Corporate Secretary & Communications




    rapat Komite Keberlanjutan sebanyak           and 2 meetings of the Sustainability
    2 kali sesuai dengan ketentuan POJK           Committee in accordance with
    No. 33/POJK.04/2014, POJK No. 34/             the provisions in POJK No. 33/
    POJK.04/2014 dan POJK No. 55/                 POJK.04/2014, POJK No. 34/
    POJK.04/2015                                  POJK.04/2014 and POJK No. 55/
                                                  POJK.04/2015

•   Menyusun dan/atau membuat                 •   Compiled and/or drafting internal
    dokumen kepatuhan internal dan                compliance and corporate approval
    corporate approval sesuai dengan              documents in accordance with
    Delegation of Authority dari Direksi,         Delegation of Authority from the Board
    Dewan Komisaris dan seluruh Komite            of Directors, Board of Commissioners
                                                  and all Committees

•   Menyusun dan menyampaikan laporan         •   Compiled and conveyed quarterly
    kuartalan atas pelaksanaan tugas              report for Corporate Secretary duties
    Sekretaris Perusahaan kepada Direksi,         to the Board of Directors, Board of
    Dewan Komisaris dan Komite Audit,             Commissioners and Audit, Risk &
    Risk & Compliance sesuai dengan               Compliance Committee in accordance
    ketentuan Board Manual dan peraturan          with the provision of Board Manual and
    perundang-undangan yang berlaku di            the prevailing rules and regulations in
    bidang pasar modal                            capital market

•   Mengikuti perkembangan pasar modal        •   Follow the development of the
    dan menginformasikan peraturan                capital market and Informed the
    perundangan-undangan pasar modal              Board of Directors, Audit, Risk &
    yang baru kepada Direksi, Komite              Compliance Committee and Board of             dan strategi diversifikasi, pelaksanaan       ownership by the major and controlling
    Audit, Risk & Compliance serta Dewan          Commissioners regarding new capital           kepatuhan terhadap perolehan                  shareholders, the Board of Directors
    Komisaris                                     market regulations                            fasilitas kredit perbankan, pelaporan         and the Board of Commissioners, as
                                                                                                atas setiap perubahan kepemilikan             well as the process of establishing
•   Melaksanakan fungsi compliance            •   Implement compliance functions with           saham oleh pemegang saham utama               the Company’s subsidiaries. Such
    terhadap peraturan pasar modal                Indonesian capital market regulations         dan pengendali, Direksi dan Dewan             reporting and disclosure of information
    Indonesia dan memastikan seluruh              and ensure that all corporate actions,        Komisaris serta proses pendirian dari         shall be carried out in a timely manner
    aksi korporasi termasuk melaksanakan          including the issuance of Shelf-              anak-anak usaha dari Perusahaan.              and in accordance with the applicable
    kepatuhan terhadap pelaksanaan                Registered Bond I Phase 2 & Shelf-            Pelaporan serta keterbukaan informasi         capital market regulations
    penerbitan efek bersifat utang                Registered Sukuk Ijarah I Phase 2,            tersebut dilaksanakan secara tepat
    berbentuk Penawaran Umum                      ensure compliance with regulations            waktu dan sesuai dengan ketentuan
    Berkelanjutan Obligasi Berkelanjutan          related to share acquisitions from all        pasar modal yang berlaku
    I Tahap 2 & Sukuk Ijarah Berkelanjutan        company acquisition transactions in
    I Tahap 2, menjalankan kepatuhan              the context of business development
    terhadap peraturan sehubungan                 and diversification strategy,             •   Menyusun Laporan Tahunan kinerja          •   Prepare the Annual Report of the
    dengan pengambilalihan saham dari             implementation of compliance in               Sekretaris Perusahaan tahun 2025              Corporate Secretary’s performance in
    seluruh transaksi akuisisi perusahaan         obtaining banking credit facilities,          kepada Direksi, Komite Audit, Risk &          2025 to the Board of Directors, Audit,
    dalam rangka pengembangan usaha               reporting of any changes in share             Compliance serta Dewan Komisaris              Risk & Compliance Committee as well
                                                                                                                                              as Board of Commissioners




460    Laporan Tahunan / Annual Report 2025                                                                                                                    PT Petrosea Tbk        461
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     Tata Kelola Perusahaan                                                                                                                                    Tata Kelola Perusahaan
     Corporate Governance                                                                                                                                      Corporate Governance



Sekretaris Perusahaan & Komunikasi                                                                                                                             Sekretaris Perusahaan & Komunikasi
Corporate Secretary & Communications                                                                                                                        Corporate Secretary & Communications




TUGAS & TANGGUNG JAWAB                        CORPORATE COMMUNICATIONS                             • Memastikan pelaksanaan acara RUPS             • Ensure that the Annual GMS,
CORPORATE COMMUNICATIONS                      DUTIES & RESPONSIBILITIES                              Tahunan, RUPS Luar Biasa, Paparan               Extraordinary GMS, Public Expose
                                                                                                     Publik dan seluruh acara korporat               and all other corporate events are
Departemen Corporate Communications           The Corporate Communications
                                                                                                     lainnya berlangsung sebagaimana                 conducted accordingly
merupakan bagian dari Divisi Corporate        department is part of the Corporate
                                                                                                     mestinya
Secretary & Communications (C&C) yang         Secretary & Communications (C&C)
menjalankan fungsi komunikasi eksternal       Division which carries out the external              • Memproduksi dan memperbaharui                 • Produce and update marketing
dan internal Perusahaan. Departemen ini       and internal communications function                   marketing communications tools                  communication tools
juga bertanggung jawab untuk mengelola        of the Company. This department is
                                                                                                   • Mendukung Perusahaan dalam                    • Support the Company’s participation
dan terus membangun brand awareness           also responsible for maintaining and
                                                                                                     mengikuti kegiatan pameran /                    in exhibitions / external marketing
Perusahaan secara berkelanjutan di antara     continuously enhancing the Company’s
                                                                                                     marketing eksternal                             events
seluruh pemangku kepentingan. Selain itu,     brand awareness in a sustainable manner
departemen Corporate Communications           amongst all stakeholders. In addition, the           • Melaksanakan daily media monitoring           • Conduct daily media monitoring
juga memberikan dukungan produk               Corporate Communications department                    untuk memberikan update terkini                 to provide the latest industry and
komunikasi kepada semua lini bisnis dan       also provides communication product                    mengenai perkembangan industri                  economy updates to management
fungsi pendukung dalam menjalankan            support for all business lines and                     dan ekonomi kepada manajemen
seluruh program dan inisiatif.                supporting functions in implementing all
                                              programs and initiatives.                        2. Komunikasi Internal                          2. Internal Communications
                                                                                                  • Memastikan komunikasi internal yang           • Ensure effective internal
Tugas & Tanggung Jawab                        Duties & Responsibilities
                                                                                                    efektif kepada seluruh karyawan                 communications to all employees
Tugas dan tanggung jawab departemen           The duties and responsibilities of the                menggunakan corporate tools                     by utilizing corporate tools such
Corporate Communications, meliputi            Corporate Communications department,                  seperti sistem intranet (Petrosea-              as the intranet system (Petrosea-
antara lain:                                  includes amongst others:                              Net), e-Magazine (Petrospective),               Net), e-Magazine (Petrospective),
1.   Komunikasi Eksternal                     1.   External Communications                          e-Newsletter (Berita Kita) dan email            e-Newsletter (Berita Kita) and email
     • Melaksanakan aktivitas hubungan             • Conduct public relations activities            campaign                                        campaigns
       publik dengan menjaga relasi dengan           by maintaining relationships with the         • Memastikan penggunaan corporate               • Ensure correct and appropriate use
       komunitas media guna memastikan               media community to ensure effective             identity guidelines secara baik dan             of corporate identity guidelines
       effective media coverage mengenai             media coverage of Company                       benar
       perkembangan terkini dari                     developments through regular
                                                                                                   • Memberikan dukungan komunikasi,               • Provide communication support,
       Perusahaan melalui distribusi press           distributions of press releases
                                                                                                     baik desain, konten dan event                   including design, content and event
       release secara berkala
                                                                                                     management kepada korporat, lini                management to corporate, business
     • Menjaga brand awareness                     • Maintain the Company’s brand                    bisnis dan fungsi pendukung                     lines and support functions
       Perusahaan secara berkelanjutan,              awareness in a sustainable manner,
       termasuk menjaga citra dan reputasi           including maintaining a positive
       positif Perusahaan di mata seluruh            Company image and reputation in the       PELAKSANAAN TUGAS CORPORATE                     CORPORATE COMMUNICATIONS DUTIES
       pemangku kepentingan                          eyes of all stakeholders                  COMMUNICATIONS TAHUN 2025                       IMPLEMENTATION IN 2025
     • Memastikan keefektifan atas seluruh         • Ensure the effectiveness of               Sepanjang 2025, departemen Corporate            Throughout 2025, the Corporate
       publikasi dan communication tools             all Company publications and              Communications melaksanakan berbagai            Communications department conducted
       Perusahaan, termasuk situs web                communication tools, including the        kegiatan, di antaranya:                         various activities, including:
       Perusahaan, Laporan Tahunan dan               corporate website, Annual Report
                                                                                               •   Mengimplementasikan strategi media          •   Implemented an effective media
       Laporan Keberlanjutan sesuai dengan           and Sustainability Report, in-line with
                                                                                                   relations yang efektif melalui distribusi       relations strategy through the
       peraturan POJK                                POJK regulations
                                                                                                   press release sebanyak 18 kali kepada           distribution of 18 press releases to
                                                                                                   berbagai media nasional                         various national media


462    Laporan Tahunan / Annual Report 2025                                                                                                                          PT Petrosea Tbk 463
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    Tata Kelola Perusahaan                                                                                                                                    Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                      Corporate Governance



Sekretaris Perusahaan & Komunikasi
Corporate Secretary & Communications




                                                                                            •   Mempublikasikan majalah internal              •   Published the 41st edition of
                                                                                                Petrospective untuk Edisi ke-41 dan               Petrospective, the Company’s internal
                                                                                                newsletter internal Berita Kita Edisi             magazine as a strategic internal
                                                                                                April dan Desember 2025 sebagai                   communication platform.
                                                                                                sarana komunikasi internal strategis
•     Menjaga brand awareness Perusahaan       •   Maintained the Company’s brand               Perusahaan
      secara efektif dan optimal melalui           awareness effectively and optimally
                                                                                            •   Mengelola dan memperbarui informasi           •   Maintained and updated information
      berbagai aktivitas hubungan publik           through media relations activities,
                                                                                                pada situs web perusahaan dengan                  on the corporate website with the
      termasuk distribusi pemberitaan              including news distributions
                                                                                                perkembangan terkini sesuai dengan                latest Company developments
•     Menjaga relasi yang kuat dengan media    •   Maintained strong relations with             POJK.8/POJK.04/2015 tentang Situs                 in accordance with POJK 8/
      nasional dan lokal untuk memastikan          national and local media to ensure           Web Emiten atau Perusahaan Publik                 POJK.04/2015 regarding Issuer’s or
      media exposure yang positif dan              positive and effective media exposure                                                          Public Company’s Website
      efektif
                                                                                            •   Melaksanakan RUPS Tahunan (1x), RUPS          •   Conducted the Annual GMS (1x),
•     Melakukan kegiatan media managing &      •   Conducted media managing and                 Luar Biasa (1x) dan Paparan Publik (1x)           Extraordinary GMS (1x) and Public
      monitoring, dimana tercatat total 632        monitoring activities, with a total of                                                         Expose (1x)
      direct mentions di media nasional dan        632 direct mentions in national
                                                                                            •   Mengelola akun Instagram resmi                •   Maintained the Company's official
      lokal dengan sentimen positif sebesar        and local media with 97% positive
                                                                                                Perusahaan @petrosea.official                     Instagram account @petrosea.
      97% selama tahun 2025                        sentiments throughout 2025
                                                                                                sebagai marketing & communications                official as an effective marketing &
•     Mempublikasikan dan meningkatkan         •   Produced & enhanced the quality of           tool efektif dengan total 133 kali                communications tool reaching a total
      kualitas Laporan Tahunan dan Laporan         the Company’s Annual Report and              publikasi dan followers mencapai                  of 133 posts and 99.789 followers at
      Keberlanjutan 2024 Perusahaan untuk          Sustainability Report 2024 to further        99.789 pada akhir tahun 2025                      the end of 2025
      terus menyesuaikan dengan POJK.51,           comply with POJK.51, GRI & SDGs and
                                                                                            •   Mendukung penuh pelaksanaan                   •   Fully supported the implementation
      GRI & SDGs dan POJK.29 & ACGS                POJK.29 & ACGS
                                                                                                inisiatif strategis korporat dan inisiatif        of strategic corporate initiatives and
•     Memperoleh external independent          •   Obtained AA1000 external                     lainnya dari seluruh lini bisnis dan fungsi       other initiatives from all business lines
      assurance AA1000 untuk Laporan               independent assurance for                    pendukung, termasuk 224 design,                   and supporting functions, including
      Keberlanjutan 2024                           Sustainability Report 2024                   2 corporate video dan 13 corporate                224 designs, 2 corporate videos and
                                                                                                event                                             13 corporate events


464     Laporan Tahunan / Annual Report 2025                                                                                                                        PT Petrosea Tbk 465
Page 234
    Tata Kelola Perusahaan                                                                                                                                                                       Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                         Corporate Governance




Unit Audit Internal
                                                                                                                                                                                                                Unit Audit Internal
                                                                                                                                                                                                                Internal Audit Unit

Internal Audit Unit




                                                       Muhammad Faisal Erlantara
                                                               Kepala Audit Internal                                                               Muhammad Faisal Erlantara
                                                                 Head of Internal Audit
                                                                                                                                                          Kepala Internal Audit
                                                                                                                                                           Head of Internal Audit

                                      Usia / Age                                  Kewarganegaraan / Citizenship
                                      39                                          Indonesia

                                      Dasar Penunjukan / Appointment Basis                                        •   Auditboard - Collaborative Auditing:                 •        Auditboard - Collaborative Auditing:
                                      Letter of Termination & Appointment of the Head of Internal Audit
                                      issued by President Director, approved by BoC 11 Aug 2023
                                                                                                                      Engaging Internal Stakeholders for                            Engaging Internal Stakeholders for
                                                                                                                      Better Outcomes – Januari                                     Better Outcomes – January
                                                                                                                  •   ISACA Global - The State of Privacy                  •        ISACA Global - The State of Privacy
                                                                                                                      2025 – Januari                                                2025 – January
                                                                                                                  •   Auditboard - Al for IA: A New Paradigm               •        Auditboard - Al for IA: A New Paradigm
                                                                                                                      for Internal Audit – Februari                                 for Internal Audit – February
Pendidikan                                             Education                                                  •   ISACA Global - ISACA 2025 Virtual                    •        ISACA Global - ISACA 2025 Virtual
Beliau meraih gelar Sarjana Ekonomi dari               He obtained his Bachelor of Economics                          Conference – Global – Februari                                Conference – Global – February
Universitas Indonesia (2008). Beliau juga              from Universitas Indonesia (2008). He is                   •   Auditboard - Internal Audit 2025: Five               •        Auditboard - Internal Audit 2025:
memperoleh Certified Internal Auditor                  also a Certified Internal Auditor (CIA) from                   Internal Audit Priorities for the Year                        Five Internal Audit Priorities for the Year
(CIA) dari The Institute of Internal Auditors          The Institute of Internal Auditors Inc. (2017),                Ahead – Maret                                                 Ahead – March
Inc. (2017), Certified Information Systems             Certified Information Systems Auditor                      •   IIA Indonesia - Dukungan Dewan Dan                   •        IIA Indonesia - Dukungan Dewan dan
Auditor (CISA) dari ISACA (2021) serta                 (CISA) from ISACA (2021) and Certified in                      Manajemen Senior Dalam Tata Kelola                            Manajemen Senior Dalam Tata Kelola
Certified in Risk Management Assurance                 Risk Management Assurance (CRMA) from                          Audit Internal – Maret                                        Audit Internal – March
(CRMA) dari The Institute of Internal                  The Institute of Internal Auditors Inc. (2022)             •   Wolter Kluwer - Internal Quality                     •        Wolter Kluwer - Internal Quality
Auditors Inc. (2022)                                                                                                  Assessment: How Effective is Your                             Assessment: How Effective is Your
                                                                                                                      Internal Audit Function? – Maret                              Internal Audit Function? – March
Pengalaman Kerja                                       Professional Experience                                    •   ISACA Global - AI & Cyber Skills: Audit,             •        ISACA Global - AI & Cyber Skills: Audit,
Sebelumnya, beliau pernah menjabat                     Previously, he served as an auditor at the                     Manage and Analyze Threats – Mei                              Manage and Analyze Threats – May
sebagai auditor di kantor RSM Indonesia                RSM Indonesia office (formerly RSM AAJ                     •   Wolter Kluwer - Business fraud                       •        Wolter Kluwer - Business fraud
(dahulu RSM AAJ Associates) (2008-2011)                Associates) (2008-2011) and held several                       prevention: Five proven actions for                           prevention: Five proven actions for
serta menjabat beberapa posisi di Unit                 positions at the Internal Audit of                             auditors & managers – Mei                                     auditors & managers – May
Audit Internal PT Petrosea Tbk (2011-2022),            PT Petrosea Tbk (2011-2022) with the                       •   Wolter Kluwer – Navigating A.I. in                   •        Wolter Kluwer – Navigating A.I. in
terakhir menjabat sebagai Senior Internal              most recent position as Senior Internal                        Internal Audit: Opportunities and                             Internal Audit: Opportunities and
Assurance Manager PT Petrosea Tbk                      Assurance Manager of PT Petrosea Tbk                           Challenges - Juli                                             Challenges - July
(2022-2024)                                            (2022-2024)                                                •   The Institute of Internal Auditors -                 •        The Institute of Internal Auditors -
                                                                                                                      Introducing the new Internal Auditing                         Introducing the new Internal Auditing
Pelatihan dan/atau Pendidikan dalam                    Training and/or Education to Improve                           Competency Framework – Juli                                   Competency Framework – July
Meningkatkan Kompetensi Tahun 2025                     Competency during 2025                                     •   Wolter Kluwer – EQA Preparation:                     •        Wolter Kluwer – EQA Preparation:
                                                                                                                      Conformance and Performance =                                 Conformance and Performance =
•     The Institute of Internal Auditors -             •    The Institute of Internal Auditors -                      Quality – Agustus                                             Quality – August
      Quality Assessment Challenges and                     Quality Assessment Challenges and                     •   Wolter Kluwer – Fraud Detection                      •        Wolter Kluwer – Fraud Detection
      Opportunities 2025 and Beyond -                       Opportunities 2025 and Beyond -                           Blueprint: Five Essential Actions for                         Blueprint: Five Essential Actions for
      Januari                                               January                                                   Professional Auditors – September                             Professional Auditors – September




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     Tata Kelola Perusahaan                                                                                                                                Tata Kelola Perusahaan
     Corporate Governance                                                                                                                                  Corporate Governance



Unit Audit Internal                                                                                                                                                       Unit Audit Internal
Internal Audit Unit                                                                                                                                                       Internal Audit Unit




LAPORAN PELAKSANAAN TUGAS UNIT                  REPORT ON DUTIES OF INTERNAL AUDIT              •   Mengembangkan rencana audit            •   Developing the annual audit plan
AUDIT INTERNAL 2025                             UNIT IN 2025                                        tahunan
Unit Audit Internal telah membuat laporan       The Internal Audit Unit has prepared an         •   Melakukan peninjauan dan evaluasi      •   Undertaking a review and evaluation of
hasil Audit Internal dan menyampaikan           audit report and submitted an Internal              atas implementasi dan kesesuaian           the implementation and alignment of
laporan sesuai dengan Rencana Tahunan           Audit report in accordance with the 2025            pengendalian internal dan manajemen        internal control and risk management
2025 kepada Presiden Direktur dan               Annual Plan to the President Director and           risiko                                     practices
Komite Audit, dengan rincian sebagai            Audit, Risk and Compliance Committee,           •   Melakukan evaluasi atas efisiensi      •   Evaluating the efficiency and
berikut:                                        with the following details:                         dan efektivitas aktivitas keuangan,        effectiveness of financial, accounting,
•     13 audit terencana                        •   13 planned audits                               akuntansi, operasional, sumber daya        operational, human resources,
•     9 rencana tindakan remediasi              •   9 action plan remediations based on             manusia, pemasaran, teknologi              marketing, information technology and
      berdasarkan hasil audit telah                 audit results have been issued and              informasi dan aktivitas Perusahaan         other activities of the Company
      dikeluarkan dan ditindaklanjuti oleh          followed up by the auditees. The                lainnya
      auditan. Implementasi permintaan              implementation of the action plan           •   Memberikan informasi dan               •   Providing objective recommendation
      tindakan akan ditinjau dalam audit yang       remediation will be reviewed in the             rekomendasi yang bersifat objektif         and information
      akan datang                                   upcoming audits                             •   Mendistribusikan laporan audit         •   Distributing audit reports and related
•     8 pertemuan dengan Komite                 •   8 meetings with the Audit, Risk &               dan rekomendasi terkait kepada             recommendations to the Audit, Risk
      Audit, Risk & Compliance                      Compliance Committee                            Komite Audit, Risk & Compliance dan        & Compliance Committee and the
                                                                                                    manajemen                                  management
                                                                                                •   Memastikan pelaksanaan rekomendasi     •   Ensuring that audit recommendations
PIAGAM UNIT AUDIT INTERNAL                      INTERNAL AUDIT UNIT CHARTER
                                                                                                    audit                                      are implemented
Piagam Audit Internal Petrosea telah            Petrosea’s Internal Audit Unit Charter has      •   Bekerja sama dengan Komite Audit,      •   Working closely with the Audit, Risk &
diperbarui dan berlaku efektif sejak            been renewed and effective since October            Risk & Compliance dan Auditor              Compliance Committee and External
Oktober 2022, yang mencakup ketentuan           2022, which comprises provisions: (1)               Eksternal untuk meningkatkan cakupan       Auditors to improve the scope of
mengenai: (1) tujuan dan ruang lingkup          objective and scope of Internal Auditing,           audit yang efektif dan efisien             audits effectively and efficiently
Audit Internal, (2) wewenang Unit Audit         (2) authority of the Internal Audit Unit, (3)
                                                                                                •   Mengatur dan memonitor kegiatan        •   Managing and monitoring Internal Audit
Internal, (3) struktur dan pelaporan, (4)       structure and reporting, (4) independence
                                                                                                    Audit Internal untuk memastikan            activities to ensure their quality
independensi dan objektivitas Unit Audit        and objectivity of the Internal Audit Unit,
                                                                                                    kualitasnya
Internal, (5) kualifikasi auditor internal,     (5) qualification of Internal Auditors, (6)
(6) tanggung jawab Unit Audit Internal          responsibilities of the Internal Audit Unit     •   Melaporkan perkembangan aktivitas      •   Reporting the progress of its activities
dan auditor internal, serta (7) penjaminan      and Internal Auditors as well as (7) quality        pekerjaan Audit Internal kepada            to the Audit, Risk & Compliance
kualitas dan perbaikan Audit Internal.          of assurance and improvement of Internal            Komite Audit, Risk & Compliance            Committee
Piagam Audit Internal disusun sesuai POJK       Audits. The Internal Audit Unit Charter         •   Melaksanakan penugasan khusus          •   Carrying out contingency assignments,
No. 56/POJK.04/2015.                            complies with POJK No. 56/POJK.04/2015.             apabila diperlukan                         if needed


TUGAS & TANGGUNG JAWAB UNIT AUDIT               DUTIES & RESPONSIBILITIES OF THE                POSISI UNIT AUDIT INTERNAL DALAM           POSITION THE INTERNAL AUDIT UNIT
INTERNAL SESUAI PIAGAM                          INTERNAL AUDIT ACCORDING TO THE                 PERUSAHAAN                                 WITHIN THE COMPANY
                                                CHARTER                                         Unit Audit Internal dipimpin oleh Kepala   The Internal Audit Unit is led by the Head of
Unit Audit Internal bertugas untuk              The Internal Audit Unit has the duty to         Audit Internal yang bertanggung jawab      Internal Audit who reports directly to the
mengkoordinasi pelaksanaan Audit                coordinate Internal Audit implementation.       kepada Presiden Direktur dan memiliki      President Director and has direct access to
Internal. Dalam melaksanakan tugasnya,          On performing its duties, this unit is          akses langsung ke Komite Audit, Risk       the Audit, Risk & Compliance Committee.
unit ini bertanggung jawab atas:                responsible for:                                & Compliance. Kepala Audit Internal        The Head of Internal Audit attends the
                                                                                                menghadiri rapat Komite Audit, Risk &      Audit, Risk & Compliance Committee
                                                                                                Compliance.                                meetings.


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   Tata Kelola Perusahaan                                                                                                                                   Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                     Corporate Governance




Sistem Pengendalian Internal
                                                                                                                                                                  Sistem Pengendalian Internal
                                                                                                                                                                       Internal Control System


Internal Control System


                                                                                             3. Aset Perusahaan dapat terlindungi            3. The Company’s assets are well
                                                                                                dengan baik                                     protected
                                                                                             4. Perusahaan mematuhi peraturan                4. The Company complies with all
                                                                                                perundang-undangan yang berlaku                 applicable rules and regulations

                                                                                             Implementasi sistem ini didasari pilar GCG      The implementation of this system is based
                                                                                             serta visi dan misi Perusahaan. Sistem          on GCG pillars and the Company’s vision
                                                                                             ini menghubungkan Unit Audit Internal           and mission. This system connects the
                                                                                             dan Komite Audit, Risk & Compliance,            Internal Audit Unit and the Audit, Risk &
                                                                                             serta fungsi lain di dalam Perusahaan dan       Compliance Committee, as well as other
                                                                                             juga Auditor Eksternal. Unit Audit Internal     functions within the Company and the
                                                                                             mengkoordinasi kegiatan pengendalian            External Auditor. The Internal Audit Unit
                                                                                             internal.                                       coordinates internal control activities.



                                                                                             PENGENDALIAN ATAS ASPEK                         CONTROL OF FINANCIAL, OPERATIONAL
                                                                                             KEUANGAN, OPERASIONAL &                         & COMPLIANCE ASPECTS
                                                                                             KEPATUHAN
                                                                                             Perusahaan mengendalikan aspek                  The Company is controlling the financial,
                                                                                             keuangan, operasional dan kepatuhan             operational and compliance aspects
                                                                                             Perusahaan berdasarkan audit yang               based on the audits of the Internal Audit
                                                                                             dilakukan oleh Unit Audit Internal. Audit       Unit. These audits are being conducted
                                                                                             tersebut memenuhi ketentuan peraturan           based on applicable rules and regulations
Perusahaan memiliki sistem pengendalian        The Company has an internal control           perundang-undangan dan sesuai standar           and adhere to international standards
internal yang dirancang dengan                 system that was designed with due             internasional dalam bidang keuangan,            in the fields of finance, operations and
mempertimbangkan faktor biaya dan              consideration to cost and time factors        operasional dan kepatuhan. Hasil dari           compliance. Results of the Internal Audits
waktu, serta strategi Perusahaan.              while adhering to Company's strategy.         Audit Internal tersebut telah dibahas dalam     have been discussed in meetings with the
Rancangan ini mengikuti kerangka               The design follows the Committee of           rapat Komite Audit, Risk & Compliance           Audit, Risk & Compliance Committee and
pengendalian internal Committee of             Sponsoring Organization of the Treadway       dan Direksi, serta telah ditindaklanjuti oleh   Board of Directors and have been followed
Sponsoring Organization of the Treadway        Commission (COSO) 2013 internal control       unit terkait. Pada tahun 2025, tidak ada        up by related units. in 2025, there were no
Commission (COSO) tahun 2013.                  framework. Meanwhile, the evaluation          kejadian luar biasa terkait pengendalian        extraordinary events related to financial,
Sedangkan evaluasinya mengacu pada             refers to the audit standard from The         keuangan, operasional dan kepatuhan.            operational and compliance control.
standar audit dari The Institute of Internal   Institute of Internal Auditors (IIA) as the
Auditors (IIA) sebagai standar praktik         standard for professional Internal Audit      PENELAAHAN ATAS EFEKTIVITAS SISTEM              REVIEW OF EFFECTIVENESS OF
profesional Audit Internal.                    practice.                                     PENGENDALIAN INTERNAL                           INTERNAL CONTROL SYSTEM

Tujuan sistem ini adalah memastikan            The system aims to ensure that:               Komite Audit, Risk & Compliance telah           The Audit, Risk & Compliance Committee
bahwa:                                                                                       melakukan penelaahan secara berkala             has conducted periodic reviews of
1. Kegiatan operasional berjalan secara        1. Operational activities run effectively     atas efektivitas sistem pengendalian            the effectiveness of the Company’s
   efektif dan efisien                            and efficiently                            internal Perusahaan. Penelaahan tersebut        internal control system. The reviews
2. Laporan keuangan dapat                      2. Financial reports are accountable          dilakukan atas hasil audit dan rekomendasi      were carried out on the audit results and
   dipertanggungjawabkan                                                                     perbaikan sistem pengendalian internal          recommendations to improve the internal
                                                                                             baik dari Risk & Internal Assurance maupun      control system from both Risk & Internal
                                                                                             Auditor Independen.                             Assurance and the Independent Auditor.


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    Tata Kelola Perusahaan                                                                                                                             Tata Kelola Perusahaan
    Corporate Governance                                                                                                                               Corporate Governance



Sistem Pengendalian Internal                                                                                                                                Sistem Pengendalian Internal
Internal Control System                                                                                                                                          Internal Control System




Berdasarkan hasil penelaahan tersebut,         Based on the results of the reviews, the
Komite Audit, Risk & Compliance tidak          Audit, Risk & Compliance Committee did
menemukan adanya defisiensi signifikan         not find any significant deficiencies in the
di dalam sistem pengendalian internal          Company’s internal control system for
pelaporan keuangan Perusahaan.                 financial reporting.

PERNYATAAN DIREKSI DAN/ATAU                    STATEMENT OF THE BOARD OF
DEWAN KOMISARIS ATAS SISTEM                    DIRECTORS AND/OR BOARD OF
PENGENDALIAN INTERNAL                          COMMISSIONERS ON THE INTERNAL
                                               CONTROL SYSTEM
Berdasarkan penelaahan Komite Audit,           Based on the review of the Audit,
Risk & Compliance yang telah disampaikan       Risk & Compliance Committee
kepada Dewan Komisaris pada tanggal            which was submitted to the Board of
25 Februari 2026, Dewan Komisaris              Commissioners on 25 February 2026,
menyatakan bahwa Sistem Pengendalian           the Board of Commissioners hereby
Internal Perusahaan telah berjalan efektif     state that the Company’s Internal Control
selama tahun 2025 mengingat tidak ada          System has been running effectively
defisiensi signifikan yang teridentifikasi.    for the Company’s requirements in
Dewan Komisaris akan terus memantau            2025 considering that no significant
perkembangan Sistem Pengendalian               deficiencies have been identified. The
Internal Perusahaan melalui penelaahan         Board of Commissioners will continue
                                                                                              terstruktur dan terintegrasi dalam        (strategic and operational) that may
oleh Komite Audit, Risk & Compliance.          to monitor the development of the
                                                                                              mengidentifikasi, menilai, menangani      affect the achievement of the Company’s
                                               Company’s Internal Control System
                                                                                              dan memantau risiko (strategis dan        objectives.
                                               through a review by the Audit, Risk &
                                                                                              operasional) yang dapat mempengaruhi
                                               Compliance Committee.
                                                                                              pencapaian tujuan Perusahaan.

                                                                                              Perusahaan secara konsisten memastikan    The Company consistently ensures
Sistem Manajemen Risiko                                                                       implementasi sistem manajemen risiko      the implementation of an effective
                                                                                              yang efektif untuk mendukung pencapaian   risk management system to support
Risk Management System                                                                        keseluruhan strategi dan objektif         the achievement of Company’s overall
                                                                                              Perusahaan.                               strategies and objectives.

GAMBARAN UMUM                                  GENERAL OVERVIEW                               Berikut adalah pendekatan dan kerangka    The followings are the approach and
Perusahaan berkomitmen untuk                   The Company upholds a commitment to            sistem manajemen risiko Perusahaan:       framework of the Company’s risk
membentuk sistem manajemen risiko              continuously establish a robust sustainable                                              management system:
yang kokoh secara berkesinambungan             risk management system underlying the          1. Komunikasi dan konsultasi – tepat      1. Communication and consultation –
dan dapat mendasari keseluruhan                core of its entity-wide operations - making       waktu dan memastikan bahwa informasi      timely manner and ensure that relevant
bisnis operasional – hal ini membuat           risk management an integral part of               relevan telah dikumpulkan, disusun,       information is collected, compiled,
manajemen risiko menjadi bagian yang           governance and decision-making process.           dipadukan dan dibagikan sebagaimana       synthesized and shared, as appropriate
integral dalam proses tata kelola dan          Risk management adopts a structured               mestinya dan bahwa umpan balik telah      and that feedback has been obtained
pengambilan keputusan. Manajemen               and integrated approach in identifying,           diperoleh, serta langkah peningkatan      and improvements are made
risiko menggunakan pendekatan yang             assessing, treating and monitoring risks          telah dilaksanakan




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      Tata Kelola Perusahaan                                                                                                                                                 Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                   Corporate Governance



Sistem Pengendalian Internal                                                                                                                                                               Sistem Manajemen Risiko
Internal Control System                                                                                                                                                                    Risk Management System




2. Lingkup, konteks dan kriteria – ruang       2. Scope, context and criteria – the
                                                                                                 Jenis Risiko        Penjelasan Jenis Risiko                             Mitigasi Risiko
   lingkup proses, pemahaman konteks              scope of the process, understanding            Type of Risk      Explanation of Type of Risk                           Risk Mitigation
   eksternal dan internal, serta penentuan        the external and internal context and
   kriteria dampak dan kemungkinan                determination of impact and likelihood
                                                                                               Risiko Strategis   Risiko yang berkaitan            •   Meningkatkan cakupan bidang usaha dengan
                                                  criteria                                     Strategic Risks    dengan rencana dan strategi          melakukan integrasi terhadap rangkaian proses bisnis
                                                                                                                  pengembangan bisnis                  dan pengembangan kapabilitas untuk pencapaian visi
3. Penilaian risiko - keseluruhan proses       3. Risk assessment - the overall process                           Perusahaan, termasuk risiko          dan misi Perusahaan
   identifikasi risiko, analisa risiko dan        of risk identification, risk analysis and                       yang terkait dengan:                 Increase scope of services with integration across value
                                                                                                                                                       chain and develop the required capabilities to attain the
   evaluasi risiko harus dilakukan secara         risk evaluation should be conducted                             • Lingkungan makro global
                                                                                                                  • Industri pada bidang               Company’s vision and mission
   sistematis:                                    systematically:                                                   usaha atau bisnis              •   Proses evaluasi dan pengembangan berkelanjutan
                                                                                                                    Perusahaan                         dalam hal kinerja dan efisiensi Perusahaan
                                                                                                                  • Kegiatan restrukturisasi           Evaluation and continuous improvement process of the
                                                                                                                    serta diversifikasi                Company’s performance and efficiency
   a. Identifikasi – untuk menemukan,             a. Identification – to find, recognize and                        Perusahaan                     •   Memperkuat dan meningkatkan perlindungan
      mengenali dan menggambarkan                    describe risks and opportunities                             • Ancaman dari persaingan            terhadap keamanan sistem informasi termasuk dengan
      berbagai risiko dan peluang                                                                                 • Kebijakan publik                   peningkatan kesadaran seluruh pihak baik internal
                                                                                                                  • Proses digitalisasi                maupun eksternal melalui hubungan saling keterkaitan
   b. Analisis – melibatkan pertimbangan          b. Analysis – involves a detailed                               Terkhusus perihal Merger             yang kuat antara sumber daya manusia, proses bisnis
                                                                                                                  & Acquisition (M&A),                 dan teknologi
      terperinci tentang ketidakpastian,             consideration of uncertainties, risk
                                                                                                                  Perusahaan menyadari                 Strengthen and increase the information system security
      sumber risiko, konsekuensi,                    sources, consequences, likelihood,                           bahwa kegiatan strategis             by increasing both the internal and external parties’
      kemungkinan, peristiwa, skenario,              events, scenarios, controls and their                        tersebut menghadirkan                awareness through strong interrelationships between
                                                                                                                  peluang strategis yang               human resources, business processes and technology
      kontrol dan keefektifannya                     effectiveness                                                signifikan sekaligus risiko      •   Penerapan business continuity management, termasuk
                                                                                                                  kompleks yang harus
   c. Evaluasi – membandingkan hasil              c. Evaluation – comparing the results of                        dikelola secara cermat untuk
                                                                                                                                                       dengan pengembangan model bisnis baru yang dapat
                                                                                                                                                       memitigasi dampak yang timbul dari ketidakpastian
      analisis risiko dengan kriteria risiko         the risk analysis with the established                       memastikan terciptanya nilai         ekonomi global Implementation of business continuity
                                                                                                                  dan keberlanjutan jangka
      dan peluang yang ditetapkan untuk              risk and opportunity criteria to                                                                  management, including new business model
                                                                                                                  panjang                              development that can mitigate the impact arising from
      menentukan dimana tindakan                     determine where additional action is
                                                                                                                                                       global economic uncertainties
      tambahan diperlukan (berdasarkan               required (based on risk priority)                            Risk entails from the
                                                                                                                  Company’s business               •   Integrasi bisnis dengan grup perusahaan induk
      prioritas risiko)                                                                                           development plans and                Business integration with holding group companies
                                                                                                                  strategies including risks       •   Menilai kesesuaian dengan strategi Perusahaan, posisi
   d. Penanganan – rencana untuk                  d. Treatment – a plan to manage risks                           associated with:                     pasar dalam tujuan jangka panjang
      mengelola berbagai risiko dan                  and opportunities                                            • The global macro                   Assess alignment with the Company's strategy, market
                                                                                                                                                       positioning and long-term objectives
      peluang                                                                                                       environment
                                                                                                                  • Industry sector or the         •   Mengevaluasi kesehatan posisi keuangan, akurasi
                                                                                                                    Company’s business field           valuasi, struktur pendanaan dan potensi kewajiban
4. Memantau dan meninjau –                     4. Monitor and review – embed a                                    • Restructuring and                  Evaluate financial health, valuation accuracy, funding
                                                                                                                    diversification activities         structure and potential liabilities
   menyematkan proses peninjauan                  continuous review process that
                                                                                                                  • Threat from competition        •   Memastikan kepatuhan terhadap regulasi, kewajiban
   berkelanjutan yang berkembang                  evolves in response to disruption and                           • Public policies                    kontraktual dan eksposur terhadap risiko hukum
   sebagai respons terhadap gangguan              new developments across the digital                             • Digitalization process             Ensure regulatory compliance, contractual obligations
   dan perkembangan baru di seluruh               environment, legal and regulatory                               Specifically on Merger               and exposure to legal risks
                                                                                                                  & Acquisition (M&A), the         •   Mengidentifikasi tantangan integrasi, kesesuaian
   lingkungan digital, persyaratan hukum          requirements                                                    Company recognizes                   budaya organisasi dan risiko kelangsungan bisnis
   dan peraturan                                                                                                  that the strategic activity          Identifying integration challenges, cultural compatibility
                                                                                                                  presents significant strategic       and business continuity risks
5. Pencatatan dan pelaporan - proses           5. Recording and reporting - the risk                              opportunities as well as
                                                                                                                                                   •   Melakukan uji tuntas untuk mendeteksi praktik tidak etis,
                                                                                                                  complex risks that must be
   manajemen risiko dan hasilnya harus            management process and its outcomes                                                                  isu reputasi dan celah dalam tata kelola
                                                                                                                  carefully managed to ensure
   didokumentasikan dan dilaporkan                should be documented and reported                                                                    Conduct due diligence to detect unethical practices,
                                                                                                                  value creation and long-term
                                                                                                                                                       reputational concerns and governance gaps
   melalui mekanisme yang sesuai                  through appropriate mechanisms                                  sustainability




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      Tata Kelola Perusahaan                                                                                                                                                                              Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                                Corporate Governance



Sistem Manajemen Risiko                                                                                                                                                                                                 Sistem Manajemen Risiko
Risk Management System                                                                                                                                                                                                  Risk Management System




    Jenis Risiko            Penjelasan Jenis Risiko                               Mitigasi Risiko                               Jenis Risiko      Penjelasan Jenis Risiko                             Mitigasi Risiko
    Type of Risk          Explanation of Type of Risk                             Risk Mitigation                               Type of Risk    Explanation of Type of Risk                           Risk Mitigation



  Risiko Kredit       Risiko yang berkaitan             •   Penyesuaian termin dan jangka waktu pembayaran                    Risiko           Risk entails from the           •   Meningkatkan kompetensi pegawai melalui pelatihan
  Credit Risks        dengan potensi kerugian               Adjustment in payment terms and period of payment                 Operasional      following aspects:                  dan program sertifikasi baik secara internal maupun
                      yang terjadi dari suatu                                                                                 Operational      • System                            eksternal. Memberikan pelatihan khusus kepada staf
                                                        •   Peningkatan kebijakan dan prosedur penagihan
                      kegagalan pihak lain dalam                                                                              Risks            • Process                           mengenai kesadaran situasional, tanggap darurat dan
                                                            Improvement in collection policy and procedures
                      pemenuhan kewajiban                                                                                                      • People                            sensitivitas budaya. Menyediakan akses terhadap
                                                        •   Otomasi proses pemberian kredit/pinjaman/uang muka
                      kontraktual                                                                                                              • Aspects of safety,                dukungan medis dan akomodasi yang aman
                                                            dan proses penagihan
                      Risk entails from possible                                                                                                  occupational health              Employee competency improvement through internal
                                                            Automation of credit/loan or advance payment and
                      losses resulting from a                                                                                                     and environmental                and external training and certification programs. Provide
                                                            collections process
                      counterparty’s failure to                                                                                                   preservation and                 specialized training for staff on situational awareness,
                      meet contractual obligations      •   Skema pembayaran piutang dengan ketentuan tambahan                                    related with the public          emergency response and cultural sensitivity. Provide
                                                            Receivables payment scheme with additional terms and                                  health emergency of              access to medical support and secure accommodations
                                                            conditions                                                                            international concern
                                                                                                                                                                               •   Mengembangkan sistem digital untuk meningkatkan
                                                        •   Mengamankan eksposur risiko dengan aset seperti kas,                                  from WHO that cause
                                                                                                                                                                                   proses bisnis dan kinerja Perusahaan secara efektif dan
                                                            surat berharga, atau agunan lainnya yang dapat dilikuidasi                            operational disruptions in
                                                                                                                                                                                   efisien
                                                            jika terjadi gagal bayar                                                              the Company’s business
                                                                                                                                                                                   Development of digital systems to improve the
                                                            Secure risk exposures with assets-backed schemes                                      operations area
                                                                                                                                                                                   Company’s processes and performance effectively and
                                                            such as cash, securities, or other collateral that can be                          • External events
                                                                                                                                                                                   efficiently
                                                            liquidated in case of default                                                      • High risk environment
                                                        •   Dokumentasi yang kuat, keberlakuan hukum dan                                                                       •   Memastikan penerapan sistem manajemen berstandar
                                                            pemantauan secara berkala untuk memastikan langkah-                                                                    internasional telah mampu meningkatkan efisiensi,
                                                            langkah pengurangan risiko tetap berlaku dan efektif                                                                   produktivitas dan kepuasan pelanggan
                                                            Robust documentation, legal enforceability and                                                                         Ensure implementation of international standard
                                                            continuous monitoring to ensure risk-reducing measures                                                                 management to increase efficiency, productivity and
                                                            remain valid and effective                                                                                             client satisfaction

                                                                                                                                                                               •   Menerapkan rencana kelangsungan bisnis untuk
                                                                                                                                                                                   mengurangi dampak bencana dari kegiatan bisnis.
  Risiko              Risiko yang berkaitan             •   Memastikan bahwa seluruh tingkat atau peringkat risiko                                                                 Menyusun dan memperbarui rencana tanggap darurat,
  Operasional         dengan beberapa aspek                 dapat diturunkan hingga mencapai tingkat yang dapat                                                                    prosedur evakuasi dan strategi kelangsungan bisnis
  Operational         sebagai berikut:                      ditoleransi atau diterima melalui proses tinjauan dan                                                                  yang disesuaikan dengan ancaman lokal. Menyusun
  Risks               • Sistem                              pemantauan rutin terhadap seluruh proyek                                                                               rencana yang jelas dan dapat dijalankan untuk penarikan
                      • Proses                              Ensuring that all levels or ratings of risk can be reduced to a                                                        cepat atau penghentian operasi jika kondisi memburuk
                      • Personil / Sumber Daya              tolerable or acceptable level through a process of regular                                                             melebihi ambang batas yang dapat diterima
                         Manusia                            review and monitoring of all projects                                                                                  Implementation of a business continuity plan to
                      • Aspek keselamatan                                                                                                                                          reduce the impact of disasters on business activities.
                                                        •   Mengembangkan program untuk menjaga hubungan baik
                         kerja, kesehatan dan                                                                                                                                      Developing and regularly updating crisis response
                                                            dengan stakeholders, masyarakat di wilayah operasional
                         pelestarian lingkungan,                                                                                                                                   plans, evacuation procedures and business continuity
                                                            Perusahaan dan pihak-pihak lain yang terkait dengan
                         serta sehubungan dengan                                                                                                                                   strategies tailored to local threats. Maintain a clear and
                                                            aktivitas Perusahaan
                         paparan risiko dari                                                                                                                                       executable plan for rapid withdrawal or suspension of
                                                            Develop programs to maintain good relations with
                         penyebaran virus dengan                                                                                                                                   operations if conditions deteriorate beyond acceptable
                                                            stakeholders, communities surrounding the Company’s
                         status darurat kesehatan                                                                                                                                  thresholds
                                                            operational areas and other parties related to the
                         global dari WHO, sehingga          Company’s activities                                                                                               •   Melakukan analisis risiko geopolitik, keamanan dan
                         dapat menimbulkan                                                                                                                                         sosial-ekonomi secara menyeluruh sebelum memulai
                         gangguan operasional                                                                                                                                      atau melanjutkan operasi di wilayah yang berisiko tinggi
                         pada area operasi bisnis                                                                                                                                  Conduct a thorough risk assesment on geopolitical,
                         Perusahaan                                                                                                                                                security and socio-economic risks before initiating or
                      • Kejadian eksternal                                                                                                                                         continuing operations in high-risk areas
                      • Wilayah yang berisiko
                         tinggi                                                                                                                                                •   Menerapkan langkah-langkah keamanan fisik dan
                                                                                                                                                                                   digital yang ketat, termasuk fasilitas yang aman, sistem
                                                                                                                                                                                   pengawasan, pengendalian keamanan siber dan
                                                                                                                                                                                   kemitraan lokal yang telah diverifikasi
                                                                                                                                                                                   Implementing strict physical and digital security
                                                                                                                                                                                   measures, including secure facilities, surveillance
                                                                                                                                                                                   systems, cybersecurity controls and verified local
                                                                                                                                                                                   partnerships




476     Laporan Tahunan / Annual Report 2025                                                                                                                                                                     PT Petrosea Tbk              477
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    Tata Kelola Perusahaan                                                                                                                                                                         Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                           Corporate Governance



Sistem Manajemen Risiko                                                                                                                                                                                                  Sistem Manajemen Risiko
Risk Management System                                                                                                                                                                                                   Risk Management System




    Jenis Risiko       Penjelasan Jenis Risiko                              Mitigasi Risiko                                Jenis Risiko     Penjelasan Jenis Risiko                             Mitigasi Risiko
    Type of Risk     Explanation of Type of Risk                            Risk Mitigation                                Type of Risk   Explanation of Type of Risk                           Risk Mitigation



                                                   •   Memastikan kepatuhan penuh terhadap hukum                        Risiko ESG                                      • Penerapan kebijakan dan prosedur K3L Perusahaan,
                                                       internasional, sanksi dan regulasi lokal dengan melibatkan       (Environmental,                                   termasuk kajian menyeluruh terhadap dampak lingkungan,
                                                       penasihat hukum yang memahami lanskap hukum wilayah              Social &                                          penggunaan sumber daya dan protokol darurat lingkungan
                                                       tersebut                                                         Governance)                                       sebelum memulai kegiatan operasional guna memahami
                                                                                                                        Environmental,
                                                       Ensure full compliance with international laws, sanctions and                                                      dan meminimalkan kerusakan ekologis
                                                                                                                        Social &
                                                       local regulations by engaging legal advisors with expertise in                                                     Implementation of the Company’s SHE policies and
                                                                                                                        Governance
                                                       the region’s legal landscape                                     (ESG) Risks                                       procedures, including comprehensive assessments of
                                                                                                                                                                          environmental impacts, resource usage and environmental
                                                   •   Mengamankan cakupan asuransi yang sesuai untuk risiko
                                                                                                                                                                          emergency protocols prior to commencing operational
                                                       politik, terorisme, penculikan dan tebusan, serta kehilangan
                                                                                                                                                                          activities in order to understand and minimize ecological
                                                       aset
                                                                                                                                                                          damages
                                                       Secure appropriate insurance coverage for political,
                                                       terrorism, kidnapping and ransom, as well as asset loss                                                          • Perumusan dan pelaksanaan program pengembangan
                                                                                                                                                                          masyarakat di sekitar wilayah operasional Perusahaan yang
                                                                                                                                                                          mencakup keterlibatan komunitas, serta keselamatan dan
                                                                                                                                                                          kesejahteraan karyawan
  Risiko              Risiko yang                  • Proyeksi / peramalan arus kas                                                                                        Initiation and Implementation of community development
  Likuiditas          berkaitan dengan               Cash flow projection / forecasting                                                                                   programs around Company operational areas which covers
  Liquidity           ketidakmampuan untuk                                                                                                                                community engagement, as well as employee safety and
                                                   • Memantau dan mengoptimalkan modal kerja
  Risks               memenuhi kewajiban             Monitor and optimize working capital                                                                                 welfare
                      keuangan dengan
                                                   • Mengelola fasilitas kredit yang tersedia                                                                           • Penerapan pengendalian internal yang meliputi pembaharuan
                      tepat waktu tanpa
                                                     Manage existing credit facilities                                                                                    pada SOP dan instruksi kerja dengan menambahkan aspek
                      menimbulkan kerugian
                      signifikan                   • Memaksimalkan penggunaan indikator keuangan seperti                                                                  Sistem Manajemen Anti Penyuapan, pengembangan dan
                                                     current ratio, quick ratio dan Liquidity Coverage Ratio (LCR)                                                        pelaksanaan sistem pelaporan pelanggaran, penerapan
                      Risk associated with
                                                     untuk menilai kemampuan dan posisi likuiditas keuangan                                                               pendaftaran untuk gift & entertainment, kebijakan untuk
                      the potential inability
                                                     secara berkala                                                                                                       pemberian sponsor dan donasi, pelaksanaan uji kelayakan
                      to meet financial
                                                     Maximize the use of financial indicators such as current ratio,                                                      (bagi mitra lokal, pemasok dan kontraktor untuk memastikan
                      obligations on time
                                                     quick ratio and Liquidity Coverage Ratio (LCR) to periodically                                                       kepatuhan terhadap etika dan hukum) , verifikasi, rekonsiliasi
                      without incurring
                                                     assess financial capability and liquidity position                                                                   serta pemisahan tugas dan tanggung jawab dan memperkuat
                      significant losses
                                                                                                                                                                          peran unit Business Ethics and Integrity
                                                   • Meninjau dan memantau ketentuan obligasi untuk
                                                                                                                                                                          Implementation of internal controls which includes refinement
                                                     memastikan kepatuhan dan mendeteksi tanda-tanda awal
                                                                                                                                                                          of all SOPs and work instructions by adding Anti-Bribery
                                                     tekanan keuangan. Memastikan seluruh investasi obligasi
                                                                                                                                                                          Management System aspects, develop and implement the
                                                     mematuhi hukum, regulasi dan kebijakan internal yang
                                                                                                                                                                          Whistleblowing System, implement registration for gifts
                                                     berlaku
                                                                                                                                                                          and entertainment, policies for sponsorship and donations,
                                                     Review and monitor bond covenants to ensure compliance
                                                                                                                                                                          implementing due diligence (for local partners, suppliers
                                                     and detect early warning signs of financial distress.
                                                                                                                                                                          and contractors to ensure ethical and legal compliance),
                                                     Ensuring all bond investments comply with applicable laws,
                                                                                                                                                                          verification, reconciliation and segregation of duties and
                                                     regulations and internal investment policies
                                                                                                                                                                          responsibilities and strengthening the role of the Business
                                                                                                                                                                          Ethics and Integrity unit

                                                                                                                                                                        • Pelaksanaan proses perizinan, lisensi dan lainnya yang
  Risiko ESG          Risiko yang berkaitan        • Membangun struktur tata kelola baru dengan membentuk
                                                                                                                                                                          sejalan dengan program pemerintah melalui sistem
  (Environmental,     dengan ESG, termasuk           Komite Keberlanjutan, serta unit ESG dalam penerapan
  Social &                                                                                                                                                                Online Single Submission (OSS)
                      perubahan iklim,               strategi dan kepatuhan terhadap ESG; memastikan
  Governance)                                                                                                                                                             Implementation of licensing, permits and other processes
                      kepatuhan dan                  keselarasan dengan Kebijakan Keberlanjutan Petrosea;
  Environmental,                                                                                                                                                          in alignment with government programs through the Online
                      keberagaman                    memantau, meninjau dan mengevaluasi kinerja, inisiatif
  Social &                                                                                                                                                                Single Submission (OSS) system
                      ESG-related risks,             dan rencana terkait ESG; serta memberikan rekomendasi
  Governance
  (ESG) Risks         including climate              mengenai aspek ESG
                      change, compliance and         Establish a new governance structure by forming a
                      diversity                      Sustainability Committee and ESG unit in the implementation
                                                     of ESG strategy and compliance; ensure alignment with
                                                     Petrosea’s Sustainability Policy; monitor, review and evaluate
                                                     ESG-related performance, initiatives and plans; and provide
                                                     recommendations on ESG aspects




478    Laporan Tahunan / Annual Report 2025                                                                                                                                                                PT Petrosea Tbk           479
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    Tata Kelola Perusahaan                                                                                                                                                            Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                              Corporate Governance



Sistem Manajemen Risiko                                                                                                                                                                        Sistem Manajemen Risiko
Risk Management System                                                                                                                                                                        Risk Management System




                                                                                                                          TINJAUAN ATAS EFEKTIVITAS SISTEM             RISK MANAGEMENT SYSTEM
      Jenis Risiko          Penjelasan Jenis Risiko                             Mitigasi Risiko
      Type of Risk        Explanation of Type of Risk                           Risk Mitigation
                                                                                                                          MANAJEMEN RISIKO                             EFFECTIVENESS REVIEW
                                                                                                                          Perusahaan melakukan tinjauan atas           The Company conducts periodic
  Risiko ESG                                            •   Memantau dan mematuhi hukum internasional, sanksi             efektivitas Sistem Manajemen Risiko          reviews on the effectiveness of its Risk
  (Environmental,                                           dan regulasi lokal, termasuk pada yurisdiksi dengan tata
                                                                                                                          secara berkala. Evaluasi dilakukan secara    Management System. The evaluation
  Social &                                                  kelola yang tidak stabil
  Governance)                                               Monitoring and complying with international laws,             independen dan komprehensif melalui          is conducted independently and
  Environmental,                                            sanctions and local regulations, including in jurisdictions
  Social &                                                  with unstable governance
                                                                                                                          proses Audit Internal dan Audit Eksternal    comprehensively through internal and
  Governance
                                                        •   Menjaga dokumentasi dan pelaporan ESG yang jelas
                                                                                                                          dan mencakup aspek Sistem Manajemen          external audits and includes aspects of the
  (ESG) Risks
                                                            kepada pemangku kepentingan dan regulator                     Mutu ISO 9001, Sistem Manajemen              ISO 9001 Quality Management System,
                                                            Maintaining clear ESG documentation and reporting to
                                                                                                                          Lingkungan ISO 14001, Sistem Manajemen       ISO 14001 Environment Management
                                                            stakeholders and regulators
                                                                                                                          Kesehatan dan Keselamatan Kerja ISO          System, ISO 45001 Work Health and
                                                        •   Penilaian terhadap potensi dampak lingkungan yang
                                                            terkait dengan udara, air, tanah, keanekaragaman              45001, Sistem Manajemen Anti Penyuapan       Safety Management System, ISO 37001
                                                            hayati dan emisi gas rumah kaca. Penyusunan rencana           ISO 37001 serta Sistem Manajemen Aset        Anti-Bribery Management System, as well
                                                            tindakan yang direkomendasikan, yang disebut sebagai
                                                            Rencana Pengelolaan Lingkungan (Environmental                 ISO 55001. Hasil peninjauan disampaikan      as ISO 55001 Asset Management System.
                                                            Management Plan/EMP), untuk mengurangi paparan
                                                                                                                          secara tahunan kepada Komite Audit,          Results of the reviews are reported
                                                            yang teridentifikasi. Integrasi langkah-langkah mitigasi
                                                            ke dalam perencanaan dan pelaksanaan proyek guna              Risk & Compliance, yang kemudian             annually to the Audit, Risk & Compliance
                                                            memastikan kepatuhan terhadap peraturan lingkungan
                                                                                                                          menyampaikan hasil evaluasinya kepada        Committee who will submit their evaluation
                                                            yang berlaku dan standar internasional
                                                            Assessment of potential environmental impacts related         Dewan Komisaris.                             to the Board of Commissioners.
                                                            to air, water, soil, biodiversity and greenhouse gas
                                                            emissions. Development of a recommended action
                                                            plan, referred to as the Environmental Management Plan
                                                            (EMP), to mitigate identified exposures. Integration of       PERNYATAAN DIREKSI DAN/ATAU DEWAN            STATEMENT OF THE BOARD OF
                                                            mitigation measures into project planning and execution
                                                                                                                          KOMISARIS ATAU KOMITE AUDIT ATAS             DIRECTORS AND/OR BOARD OF
                                                            to ensure compliance with applicable environmental
                                                            regulations and international standards                       SISTEM MANAJEMEN RISIKO                      COMMISSIONERS OR AUDIT COMMITTEE
                                                                                                                          Berdasarkan telaah Komite Audit, Risk &      Based on the review of the Audit, Risk
                                                                                                                          Compliance yang telah disampaikan            & Compliance Committee which was
                                                                                                                          kepada Dewan Komisaris pada tanggal          submitted to the Board of Commissioners
                                                                                                                          25 Februari 2026, kami menyatakan            on 25 February 2026, we hereby declare
                                                                                                                          Sistem Manajemen Risiko Perusahaan           that the Company’s Risk Management
                                                                                                                          telah berjalan efektif dan mencukupi         System has been effective and sufficient
                                                                                                                          kebutuhan Perusahaan selama tahun 2025,      for the Company’s requirements
                                                                                                                          serta tidak ada defisiensi signifikan yang   throughout 2025, with no significant
                                                                                                                          teridentifikasi. Dewan Komisaris akan        deficiency having been identified. The
                                                                                                                          terus memantau perkembangan Sistem           Board of Commissioners will continue
                                                                                                                          Manajemen Risiko Perusahaan melalui          to monitor the development of the
                                                                                                                          telaah Komite Audit, Risk & Compliance.      Company’s Risk Management System
                                                                                                                                                                       through a review by the Audit, Risk &
                                                                                                                                                                       Compliance Committee.




480    Laporan Tahunan / Annual Report 2025                                                                                                                                                 PT Petrosea Tbk      481
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   Tata Kelola Perusahaan                                                                                                                               Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                 Corporate Governance




Kode Etik
                                                                                                                                                                            Kode Etik
                                                                                                                                                                      Code of Conduct


Code of Conduct


GAMBARAN UMUM KODE ETIK DI                    GENERAL OVERVIEW OF CODE OF                     POKOK-POKOK KODE ETIK                      CODE OF CONDUCT PRINCIPLES
PETROSEA                                      CONDUCT AT PETROSEA
                                                                                              Kode Etik Perusahaan berisikan hal-hal     The Company’s Code of Conduct contains
Petrosea menempatkan prinsip etika            Petrosea upholds ethical principles as a        sebagai berikut:                           the following aspects:
sebagai fondasi utama dalam membangun         fundamental foundation for creating a           1. Panduan berperilaku                     1. Code of concuct
lingkungan kerja yang profesional,            professional, transparent and accountable       2. Tanggung jawab kepada para              2. Responsibility to Stakeholders
transparan dan bertanggung jawab.             working environment. Every individual              pemangku kepentingan
Seluruh insan Perusahaan dituntut untuk       within the Company is expected to act           3. Alkohol dan narkoba                     3. Alcohol and drugs
menjunjung tinggi standar moral dan           in accordance with corporate values,            4. Kerahasiaan dan kekayaan intelektual    4. Confidentiality and intellectual
perilaku yang konsisten dengan nilai-nilai    maintaining the highest moral and                                                             property
korporasi dalam setiap pengambilan            behavioral standards in all decisions and       5. Perangkat penunjang pekerjaan           5. Work supporting devices (company &
keputusan dan aktivitas bisnis.               business activities.                                (kantor & pribadi) dan legalitas          personal) and related software legality
                                                                                                  perangkat lunak terkait
Penerapan prinsip etika ini menjadi           The application of ethical principles           6. Pemakaian sumber daya Perusahaan        6. Use of Company resources
instrumen penting dalam memperkuat            serves as a key pillar in strengthening         7. Penggunaan media sosial                 7. Social media usage
tata kelola yang baik, memastikan             good corporate governance, ensuring             8. Benturan kepentingan                    8. Conflict of Interest
setiap tindakan sejalan dengan prinsip        that every action aligns with transparency,     9. Integritas karyawan                     9. Employee integrity
transparansi, akuntabilitas dan keadilan.     accountability and fairness. All Petrosea       10. Kepatuhan terhadap undang-undang       10. Compliance with laws
Setiap individu di lingkungan Petrosea        personnel are expected to conduct               11. Kepatuhan terhadap kebijakan dan       11. Compliance with Petrosea’s policies
diharapkan bertindak dengan jujur, objektif   themselves with honesty, objectivity                prosedur Petrosea                          and procedures
dan menghormati kepentingan bersama,          and respect for shared interests—both           12. Kesehatan dan keselamatan              12. Health and safety
baik dalam hubungan internal antar            in internal collaboration and in external       13. Lingkungan                             13. Environment
karyawan maupun dengan pihak eksternal.       engagements.                                    14. Diskriminasi yang bertentangan         14. Unlawful discrimination
                                                                                                  dengan undang-undang
Seluruh karyawan berperan aktif dalam         Employees are also required to take an          15. Praktik-praktik kekaryawanan           15. Employment practices
menegakkan nilai-nilai etika tersebut,        active role in maintaining these ethical        16. Peluang kerja yang sama                16. Equal employment opportunity
termasuk kewajiban untuk melaporkan           standards, including the responsibility         17. Adat istiadat dan tradisi              17. Customs and traditions
setiap potensi pelanggaran atau situasi       of reporting any potential violation or         18. Sistem Manajemen Anti Penyuapan        18. Anti-Bribery Management System
yang dapat mengancam reputasi,                situation that may threaten the Company’s           (SMAP)                                     (ABMS)
stabilitas keuangan atau kepercayaan          reputation, financial stability or public       19. Disiplin keuangan                      19. Financial disciplines
publik terhadap Perusahaan. Prinsip ini       trust. These principles apply not only          20. Hadiah dan jamuan                      20. Gift and entertainment
tidak hanya berlaku bagi karyawan, tetapi     to employees but also to the Board of           21. Penyandangan dana dan donasi           21. Sponsorship and donation
juga mencakup Direksi, komisaris, mitra       Directors, the Board of Commissioners,          22. Pekerjaan di luar perusahaan           22. Outside employment
kerja serta seluruh pihak yang terlibat       business partners and all parties involved in   23. Urusan pribadi                         23. Personal matters
dalam rantai bisnis Petrosea.                 Petrosea’s value chain.                         24. Perdagangan saham dan informasi dari   24. Stocks and insider trading
                                                                                                  orang dalam
Dengan komitmen yang konsisten di             Through consistent commitment across all        25. Perilaku komersil                      25. Commercial Conduct
seluruh tingkatan organisasi, penerapan       organizational levels, ethical conduct has      26. Pelaporan Whistleblowing               26. Reporting concern-whistleblowing
etika bisnis menjadi bagian dari karakter     become part of the Company’s identity,          27. Konsekuensi terhadap ketidakpatuhan    27. Consequences of non-compliance
Perusahaan yang terwujud dalam budaya         embedded in daily operations, supporting
kerja sehari-hari mendorong terciptanya       effective governance and reinforcing
tata kelola yang efektif dan memperkuat       Petrosea’s reputation as a trusted and
reputasi Petrosea sebagai mitra yang          responsible business partner.
terpercaya dan berintegritas tinggi.



482   Laporan Tahunan / Annual Report 2025                                                                                                                   PT Petrosea Tbk 483
Page 243
    Tata Kelola Perusahaan                                                                                                                                Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                  Corporate Governance



Kode Etik                                                                                                                                                                     Kode Etik
Code of Conduct                                                                                                                                                         Code of Conduct




PENEGAKAN & SOSIALISASI KODE ETIK             ENFORCEMENT & SOCIALIZATION OF                 Melalui sistem manajemen berbasis digital,   Through the digital management system,
                                              CODE OF CONDUCT                                yaitu Petrosea Management System,            namely Petrosea Management System,
                                                                                             seluruh karyawan dapat mengakses             employees are allow to access ethical
Sebagai bagian dari komitmen strategis        As part of its strategic commitment to
                                                                                             panduan etika secara fleksibel, serta        guidelines flexibly, while reinforcing the
Perusahaan untuk mewujudkan visi dan          realizing the Company’s long-term vision
                                                                                             memperkuat pemahaman dan penerapan           understanding and application of moral
misi jangka panjang, penegakan Kode           and mission, the enforcement of the Code
                                                                                             nilai-nilai moral dalam setiap tindakan      principles in everyday work.
Etik ditempatkan sebagai fondasi moral        of Conduct is established as a foundation
                                                                                             kerja.
dan integritas dalam seluruh aktivitas        of moral integrity across all operational
operasional. Perusahaan menekankan            activities. The company emphasizes that
                                                                                             SANKSI ATAS PELANGGARAN KODE ETIK            SANCTIONS FOR CODE OF CONDUCT
bahwa nilai-nilai etika bukan sekadar         ethical principles are not merely formal
                                                                                                                                          VIOLATIONS
pedoman formal, tetapi merupakan prinsip      guidelines but core values that must be
yang harus terinternalisasi dan tercermin     internalized and reflected in every decision   Perusahaan menegaskan bahwa                  The Company reaffirms that compliance
dalam setiap keputusan dan interaksi, baik    and interaction, both internally and           kepatuhan terhadap Kode Etik adalah          to the Code of Conduct is a fundamental
internal maupun eksternal.                    externally.                                    prasyarat fundamental untuk menjaga          prerequisite for upholding the morality,
                                                                                             moralitas, integritas dan reputasi           integrity and reputation of the
Sepanjang tahun 2025, Perusahaan              Throughout 2025, the Company                   organisasi. Pelanggaran terhadap             organization. Any breach of behavioral
secara konsisten melaksanakan                 consistently implemented ongoing               pedoman berperilaku akan dikenai             guidelines is subject to proportional
sosialisasi dan komunikasi internal yang      internal socialization and communication       sanksi yang proporsional, dengan             sanctions, aimed at safeguarding the
berkesinambungan, guna memastikan             initiatives to ensure that all employees       tujuan melindungi reputasi Perusahaan,       Company’s reputation, fostering a
setiap karyawan memahami dan dapat            fully understand and able to internalize the   menciptakan lingkungan kerja yang            harmonious work environment and
menginternalisasikan nilai-nilai moral dan    principles of morality and integrity that      harmonis, serta memastikan kepatuhan         ensuring compliance with prevailing
integritas yang menjadi dasar budaya kerja    underpin the Company’s work culture.           terhadap regulasi yang berlaku.              regulations.
Perusahaan. Penegakan disiplin dilakukan      Discipline is enforced through objective,
melalui mekanisme yang objektif, adil         fair and professional mechanisms, ensuring     Sepanjang 2025, 11 kasus pelanggaran         Throughout 2025, 11 cases of Code of
dan profesional, sehingga setiap potensi      that any potential violations are addressed    Kode Etik telah ditangani dengan             Conduct violations were addressed
pelanggaran ditangani secara transparan       transparently and appropriately.               prinsip keadilan dan profesionalisme,        with fairness and professionalism,
dan tepat.                                                                                   mencerminkan konsistensi Perusahaan          reflecting the Company’s consistency in
                                                                                             dalam menegakkan standar etika tertinggi     upholding the highest ethical standards
Panduan berperilaku Perusahaan telah          The code of conduct has become a               dan membangun lingkungan kerja yang          and maintaining a safe, respectful and
menjadi budaya yang menyatu dengan            culture integrated with the Company’s          aman, harmonis dan selaras dengan nilai-     integrity-driven workplace aligned with the
strategi Perusahaan, sejalan dengan visi      strategy, in alignment with the Company’s      nilai moral dan integritas Perusahaan.       Company’s core values.
Perusahaan untuk menjadi organisasi           vision to be an organization characterized
yang berintegritas tinggi, profesional        by high integrity, professionalism and         Dengan langkah-langkah ini, Perusahaan       Through these measures, the Company
dan bertanggung jawab, serta misi             accountability and its mission to deliver      menegaskan bahwa integritas, moralitas       reaffirms that integrity, morality and
Perusahaan dalam menghadirkan kinerja         sustainable performance while fostering        dan etika bisnis adalah pilar utama dari     business ethics are the cornerstone of all
yang berkelanjutan dan membangun              trust among all stakeholders.                  seluruh strategi, keputusan dan tindakan,    strategies, decisions and actions forming
kepercayaan bagi seluruh pemangku                                                            sekaligus menjadi dasar kepercayaan          the foundation of long-term trust among
kepentingan.                                                                                 jangka panjang bagi para stakeholder dan     stakeholders and shareholders.
                                                                                             pemegang saham.




484    Laporan Tahunan / Annual Report 2025                                                                                                                    PT Petrosea Tbk 485
Page 244
   Tata Kelola Perusahaan                                                                                                                               Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                 Corporate Governance




Sistem Manajemen Antikorupsi
                                                                                                                                                            Sistem Manajemen Antikorupsi
                                                                                                                                                       Anti-corruption management system


Anti-Corruption Management System


                                                                                          perjanjian kerjasama yang mencantumkan        agreements that include the obligation
                                                                                          kewajiban untuk mematuhi prinsip anti         to comply with anti-bribery principles,
                                                                                          penyuapan, uji tuntas mitra bisnis dan        business partner and supplier due
                                                                                          pemasok dan deklarasi integritas tahunan      diligence and annual integrity declarations
                                                                                          sebagai bentuk pengawasan Perusahaan          as part of the Company’s oversight of all its
                                                                                          terhadap seluruh mitra bisnis dan             business partners and suppliers.
                                                                                          pemasok.

                                                                                          Seluruh upaya ini dilaksanakan dengan         All these initiatives are implemented with
                                                                                          tujuan untuk menciptakan budaya               the aim of creating a corporate culture
                                                                                          Perusahaan yang transparan, akuntabel         that is transparent, accountable and free
                                                                                          dan bebas dari praktik korupsi, serta         from corrupt practices, as well as ensuring
                                                                                          memastikan kepatuhan terhadap regulasi        compliance with applicable regulations.
                                                                                          yang berlaku.

                                                                                          Sistem Manajemen Anti Penyuapan kami          Our Anti-Bribery Management System
                                                                                          terus diperbarui dan ditingkatkan untuk       is continuously updated and improved
                                                                                          menghadapi tantangan yang berkembang,         to meet evolving challenges, in order to
                                                                                          guna menjaga reputasi Perusahaan dan          maintain the Company’s reputation and
                                                                                          kepercayaan publik. Hal ini dibuktikan        public trust. This is proven by the ISO
                                                                                          dengan sertifikasi ISO 37001:2016 yang        37001:2016 certification that the Company
                                                                                          telah dimiliki oleh Perusahaan sejak bulan    has held since December 2019.
                                                                                          Desember 2019.

KEBIJAKAN SISTEM MANAJEMEN                   ANTI-CORRUPTION MANAGEMENT                   PROGRAM & PROSEDUR SISTEM                     ANTI-CORRUPTION MANAGEMENT
ANTIKORUPSI DI PETROSEA                      SYSTEM POLICY AT PETROSEA                    MANAJEMEN ANTIKORUPSI                         SYSTEM PROGRAM & PROCEDURE

Perusahaan telah mengimplementasikan         The Company has implemented a                Perusahaan telah mengimplementasikan          The Company has implemented a
sistem manajemen anti penyuapan              comprehensive anti-bribery management        program manajemen anti penyuapan              comprehensive anti-bribery management
yang komprehensif untuk mencegah,            system to prevent, detect and address        yang menyeluruh untuk mencegah dan            program to prevent and address bribery
mendeteksi dan menangani potensi             potential acts of bribery and corruption     mengatasi praktik penyuapan di seluruh        practices across all business operations.
tindakan penyuapan dan korupsi di seluruh    across all operational lines. This system    operasi bisnis. Program pengendalian          The anti-bribery control program is
lini operasional. Sistem ini mencakup        includes anti-bribery policies and           anti penyuapan didukung oleh prosedur         supported by related procedures that
kebijakan dan prosedur terkait anti          procedures, supported by periodic            terkait yang menjadi dasar tata kelola        serve as the foundation for governance
penyuapan, yang didukung oleh peranan        oversight from the governing body and        pelaksanaan dalam area pengendalian           implementation in key control areas, such
pengawasan berkala oleh dewan pengarah       top management, regular training for         utama, seperti Gift & Entertainment,          as Gift & Entertainment, Sponsorship
dan manajemen puncak, pelatihan              all employees, as well as robust internal    Sponsorship & Donation, manajemen             & Donation, conflict of interest
rutin untuk seluruh karyawan, serta          controls.                                    benturan kepentingan, uji tuntas karyawan     management, employee and third-
pengendalian internal yang ketat.                                                         dan pihak ketiga, sistem pelaporan            party due diligence, whistleblowing
                                                                                          pelanggaran, investigasi berbasis fakta,      management system, fact-finding
                                                                                          manajemen risiko, pelatihan dan sosialisasi   investigation, risk management, anti-
Kami juga memastikan bahwa setiap pihak      We also ensure that all parties associated
                                                                                          program anti penyuapan serta Audit            bribery training and awareness programs,
yang berhubungan dengan Perusahaan,          with the Company, including business
                                                                                          Internal.                                     as well as Internal Audit.
termasuk mitra bisnis dan pemasok            partners and suppliers, adhere to the
mematuhi standar yang sama melalui           same standards through cooperation


486   Laporan Tahunan / Annual Report 2025                                                                                                                   PT Petrosea Tbk       487
Page 245
    Tata Kelola Perusahaan                                                                                                                                                               Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                                 Corporate Governance



Sistem Manajemen Antikorupsi                                                                                                                                                                      Sistem Manajemen Antikorupsi
Anti-corruption management system                                                                                                                                                        Anti-corruption management system




                                                                                              Mekanisme Pelaporan Gift & Entertainment (G&E)
Program ini didukung oleh sosialisasi rutin    This program is reinforced by regular          Gift & Entertainment (G&E) Reporting Mechanism
yang ditujukan untuk seluruh karyawan,         socialization and awareness sessions
yang bertujuan untuk meningkatkan              for all employees, aimed at enchancing
kesadaran dan pemahaman tentang risiko         understanding of bribery risks and
                                                                                                                                                             Pemberian / Giving
penyuapan serta cara-cara mencegahnya          preventive measures across all aspects of
dalam setiap aspek pekerjaan, termasuk         work, including the changes in business
dinamika perubahan bisnis, pembaruan           dynamics, updates in the anti-bribery
                                                                                                   Karyawan/
dalam lanskap anti penyuapan dan upaya         landscape and the Company’s internal            Departemen/Jajaran
                                                                                                                              Dept. Head of People
                                                                                                                             Operation Excellence /               Div. Head of People    Human Capital &
                                                                                                      Direksi                                                                                                                          Business
                                                                                                                                PIC on Behalf of                 Operation Excellence    General Services
pengendalian internal Perusahaan dalam         control efforts in addressing bribery risks.        Employee/
                                                                                                Department/Board
                                                                                                                         Dept. Head of People Operation           and Human Capital      (HCGS) Director
                                                                                                                                                                                                                                   Ethics & Integrity
                                                                                                                       Excellence (HO) / HC Manager (Site)
menyikapi risiko penyuapan.
                                                                                                   of Directors




Perusahaan juga memperkuat mekanisme           The Company has also strengthened
pengawasan internal yang efektif untuk         effective internal control mechanisms                Mengajukan/
                                                                                                  melaporkan Gift

memonitor kepatuhan terhadap kebijakan         to monitor compliance with the anti-
                                                                                                  & Entertainment
                                                                                                   (G&E) kepada
                                                                                                   pihak luar dan
anti penyuapan dan memastikan adanya           bribery policy and ensure prompt action           mendaftarkan ke
                                                                                               dalam formulir G&E,
tindakan yang cepat terhadap potensi           against potential violations. Socialization     termasuk melakukan
                                                                                                 pengecekan awal

pelanggaran. Sosialisasi terkait kebijakan     of this policy is conducted continuously
                                                                                                terhadap kelayakan
                                                                                               Submit/report Gifts
                                                                                                                                                                    Menyetujui/             Menyetujui/
ini dilakukan secara berkesinambungan          through various communication channels,           & Entertainment
                                                                                                (G&E) offered to
                                                                                                                            Menyetujui/menolak G&E
                                                                                                                             dan menandatangani
                                                                                                                                                                  menolak G&E dan         menolak G&E dan
                                                                                               external parties and                                               menandatangani          menandatangani
melalui berbagai saluran komunikasi,           including regular meetings and internal         records them in the
                                                                                                                                   formulir
                                                                                                                               Approve/decline the
                                                                                                                                                                     formulir                formulir
                                                                                               G&E form, including                                               Approve/decline the     Approve/decline the
termasuk rapat rutin dan materi internal       materials, to ensure that all parties, both     performing an initial
                                                                                                 eligibility check
                                                                                                                              received G&E and sign
                                                                                                                                     the form
                                                                                                                                                                  received G&E and        received G&E and
                                                                                                                                                                    sign the form           sign the form
untuk memastikan bahwa semua pihak,            employees and business partners, have a
baik karyawan maupun mitra bisnis,             clear understanding of the standards and
                                                                                                                                                                                                                 Disetujui / Approved
memiliki pemahaman yang jelas mengenai         procedures that must be followed.                  Permohonan

standar dan prosedur yang harus dipatuhi.                                                        pemberian G&E
                                                                                                yang ditolak tidak
                                                                                               dapat diproses lebih
Program ini dirancang untuk menciptakan        This program is designed to create a                   lanjut
                                                                                                  Declined G&E
lingkungan bisnis yang transparan dan          transparent business environment that
                                                                                                                                 Ditolak / Declined                 Ditolak / Declined      Ditolak / Declined
                                                                                                request cannot be
                                                                                                further processed
bebas dari praktik penyuapan, serta            is free from bribery and supports the
mendukung Perusahaan dalam menjaga             Company in maintaining its integrity and
integritas dan reputasi di mata publik dan     reputation in the eyes of the public and
                                                                                                    Melakukan
pemangku kepentingan.                          stakeholders.                                   rekomendasi tindak
                                                                                                                              Menginformasikan
                                                                                                                            persetujuan pemberian
                                                                                               lanjut yang disetujui
                                                                                                                           G&E kepada karyawan/
                                                                                                  (memproses/
                                                                                                                          departemen/jajaran Direksi
                                                                                                 memberikan G&E
                                                                                                                            Inform the result of G&E
Pengawasan dilakukan oleh Unit Business        Supervision is carried out by the Business       kepada pihak luar)
                                                                                               Carry out approved
                                                                                                                           approval to the employee/
                                                                                                                             department/Board of
Ethics & Integrity (BEI) yang bekerja secara   Ethics & Integrity (BEI) Unit which works            follow-up
                                                                                                recommendation
                                                                                                                                   Directors
                                                                                                 (process/deliver
independen dan bertanggung jawab               independently and is responsible to the           G&E) to external
                                                                                                     parties
kepada Presiden Direktur.                      President Director.
                                                                                                                             Membuat rekapitulasi                                                                                Melakukan aktivitas
                                                                                                                              & evaluasi proses                                                                                  pengawasan secara
                                                                                                                               pemberian G&E
Perusahaan juga memiliki mekanisme             The Company also has a structured                                               Create summary &
                                                                                                                                                                                                                                  berkala terhadap
                                                                                                                                                                                                                                    transaksi G&E

yang terstruktur dalam menangani
                                                                                                                               evaluation of G&E
                                               mechanism for managing and monitoring                                            giving process
                                                                                                                                                                                                                                  Conduct periodic
                                                                                                                                                                                                                                 monitoring activities
                                                                                                                                                                                                                                 on G&E transactions
pelaporan dan pengawasan transaksi             Gift & Entertainment and Sponsorship &
Gift & Entertainment dan Sponsorship &         Donation transactions.
Donation.




488    Laporan Tahunan / Annual Report 2025                                                                                                                                                         PT Petrosea Tbk 489
Page 246
     Tata Kelola Perusahaan                                                                                                                                                                                                                                          Tata Kelola Perusahaan
     Corporate Governance                                                                                                                                                                                                                                            Corporate Governance



Sistem Manajemen Antikorupsi                                                                                                                                                                                                                                                 Sistem Manajemen Antikorupsi
Anti-corruption management system                                                                                                                                                                                                                                  Anti-corruption management system




                                                                                                                                                         Mekanisme Pemberian Sponsorship & Donation
                                                              Penerimaan / Receiving                                                                     Sponsorship & Donation Mechanism



       Karyawan/                                                                                                                                                                              Budget Owner
                                  Dept. Head of People                                                                                                    Receptionist, Secretary,                                                                              Human Capital &
   Departemen/Jajaran                                                                                                                                                                      (Department Head of             Dept. Head of People                                                             Business
                               Operation Excellence / PIC                                          Human Capital &                         Business       or Project Secretary / Site                                                                           General Services
          Direksi                                                       Div. Head of People                                                                                              Business Line (HO) / Head         Operation Excellence                                                         Ethics & Integrity
                               on Behalf of Dept. Head of                                          General Services                        Ethics &           Admin / Employee                                                                                  (HCGS) Director
       Employee/                                                       Operation Excellence                                                                                                  of Project (Site))
                              People Operation Excellence                                          (HCGS) Director                         Integrity
    Department/Board
                                (HO) / HC Manager (Site)
       of Directors



                                                                                                                                                                                          Meninjau ketersediaan            Melakukan review dan                    Memberikan
                                                                                                                                                             Menerima proposal
                                                                                                                                                                                         anggaran dan melakukan          verifikasi terkait pengajuan               persetujuan
                                                                                                                                                              S&D yang dikirim
                                                                                                                                                                                           verifikasi kesesuaian             proposal S&D (jenis                  atau penolakan
                                                                                                                                                               oleh pihak luar
                                                                                                                                                                                            permohonan S&D                   kegiatan, legalitas,              berdasarkan review
     Menerima Gift &                                                                                                                                             Receive S&D                                                      lokasi, dst)
   Entertainment (G&E)                                                                                                                                                                    dengan kategori S&D                                                    dan pengecekan
                                                                                                                                                             proposals submitted
    dari pihak luar yang                                                                                                                                                                 Review the availability of        Conduct a review and                yang telah dilakukan
                                                                                                                                                              by external parties
 ditunjuk untuk karyawan/                                                                                                                                                                budget and verify that the          verification of the                   sebelumnya
    departemen/jajaran                                                                                                                                                                    S&D request aligns with        submitted S&D proposals                 Approve or reject
           Direksi                                                                                                                                                                       the permitted categories         (activities, legal status,            based on previous
                                                                                                                                                                                                                               location, etc)                  review and checking
      Receiving Gift &
    Entertainment (G&E)
 from external parties that
  adressed to employee/
   department/Board of
      Directors (BoD)
                                                                                                                                                           Melakukan registrasi dan
                                                                                                                                                            mengkompilasi seluruh
                                                                                                                                                          proposal pengajuan S&D,
                                                                                                                                                            termasuk memastikan
                                                                                                                                                           kesesuaian permohonan
                                                                                                                                                          S&D dengan kategori S&D
                                                                                                                                                          yang diperbolehkan untuk
     Menyerahkan G&E                                                                                                                                              diberikan
                                                                                                 Menyetujui/menolak
  yang diterima kepada
                                                                                                      G&E dengan
  Dept. Head of People        Menerima dan mendaftarkan                                                                                                    Register and compile all
                                                                                                   menandatangani                                                                                   Ditolak / Declined    Ditolak / Declined            Ditolak / Declined      Disetujui / Approved
  Operation Excellence/         setiap G&E yang ditujukan                                                                                                 incoming S&D proposals,
                                                                                                 formulir G&E (apabila
    Pihak yang Ditunjuk          untuk Direksi, karyawan                                                                                                    including ensuring that
                                                                                                    G&E merupakan
     Mewakili (HO) atau        dan/atau departemen serta                                                                                                    the S&D request aligns
                                                                                                   undangan factory
  Dept Head of HC (Site)      memberikan persetujuan awal                                                                                                  with the permitted S&D
                                                                                                   visit, memerlukan
  dan mendaftarkannya         untuk pelaporan penerimaan                                                                                                          categories
                                                                                                    persetujuan dari
   melalui formulir G&E,      G&E yang diterima langsung
                                                                                                Business Line Director)
   termasuk melakukan            oleh karyawan, termasuk
     pengecekan awal          melakukan pengecekan awal                                             Approve/decline
    terhadap kelayakan              terhadap kelayakan                                            the received G&E by
                                                                      Menyetujui/menolak G&E     signing the G&E form
   Submit the received            Receive and register
                                                                      dengan menandatangani       (if G&E is in the form
    G&E to Dept. Head           every G&E addressed to                                                                                                     Permohonan pemberian
                                                                           formulir G&E          of invitation to factory
   of People Operation           BoD, employees, and/                                                                                                       S&D yang ditolak tidak
                                                                                                   visit, it shall require
    Excellence/PIC on            or departments, as well                Approve/decline the                                                               dapat diproses lebih lanjut
                                                                                                approval from Business
   Behalf of Dept. Head        as provide initial approval            received G&E by signing         Line Director)
   of People Operation          for reporting the receipt                  the G&E form                                                                     Declined S&D request
    Excellence (HO) or          of G&E received directly                                                                                                      cannot be further
  Dept Head of HC (Site)        by employees, including                                                                                                          processed
   and register it to the     performing an initial eligibility
   G&E form , including                  check
   performing an initial
      eligibility check

                                                                                                                                                            Melakukan rekomendasi           Menginformasikan
                                                                                                                                                          tindak lanjut yang disetujui    persetujuan/penolakan
                                                                                                                                                          (memproses/memberikan           S&D kepada karyawan/
                                   Ditolak / Declined                     Ditolak / Declined      Ditolak / Declined                                          S&D) kepada pihak            departemen/jajaran
   Mengembalikan G&E
                                                                                                                                                                   eksternal                      Direksi
   yang tidak disetujui
  kepada pihak pengirim                                                                                                                                       Carry out approved            Inform the result of
                                                                                                                   Disetujui / Approved                   folow-up recommendation          S&D approval to the
   Return G&E that has
                                                                                                                                                           (process/deliver S&D) to       employee/department/
   been declined to the
                                                                                                                                                               external parties             Board of Directors
         sender
                                  Menginformasikan
                                persetujuan penerimaan
                                G&E kepada karyawan/
                               departemen/jajaran Direksi
                                                                                                                                                                                                                                                                                                       Melakukan aktivitas
                                Inform the result of G&E                                                                                                                                                                                                                                               pengawasan secara
                               approval to the employee/                                                                                                     Memantau aktivitas           Membuat rekapitulasi &                                                                                        berkala terhadap
         Melakukan                                                                                                                                            paska kegiatan               evaluasi proses S&D
                                   department/BoD                                                                                                                                                                                                                                                        transaksi S&D
    rekomendasi tindak
    lanjut yang disetujui                                                                                                               Melakukan              Monitoring post               Create summary &                                                                                           Conduct periodic
  (didonasikan kembali/                                                                                                                  aktivitas               activities              evaluation of S&D process                                                                                     monitoring activities
      digunakan untuk                                                                                                                  pengawasan                                                                                                                                                      on S&D transactions
   kegiatan operasional                                                                                                               secara berkala
        perusahaan/                                                                                                                      terhadap
     dikonsumsi secara                                                                                                                transaksi G&E
           pribadi)
                                                                                                                                            Conduct
   Carry out approved                                                                                                                       periodic
                                  Membuat rekapitulasi
         follow-up                                                                                                                         monitoring
                                   & evaluasi proses
  recommendation (to                                                                                                                        activities
                                   penerimaan G&E
  be donated/used for                                                                                                                        on G&E
  company operational              Create summary &                                                                                       transactions
  activites/for personal           evaluation of G&E
      consumption)                acceptance process




490       Laporan Tahunan / Annual Report 2025                                                                                                                                                                                                                                PT Petrosea Tbk                      491
Page 247
    Tata Kelola Perusahaan                                                                      Tata Kelola Perusahaan
    Corporate Governance                                                                        Corporate Governance



Sistem Manajemen Antikorupsi
Anti-corruption management system




PELATIHAN & SOSIALISASI SISTEM                   TRAINING & SOCIALIZATION FOR
MANAJEMEN ANTIKORUPSI TAHUN 2025                 ANTI-CORRUPTION MANAGEMENT
                                                 SYSTEM IN 2025
•     Peluncuran pembaharuan Surat               •   Launched the renewal of Annual
      Pernyataan Karyawan Tahunan bekerja            Employee Statement Letter in
      sama dengan Departemen Human                   collaboration with the Human Capital
      Capital                                        Department

•     Refreshment training perihal Sistem        •   Anti-Bribery Management System
      Manajemen Anti Penyuapan (SMAP)                (ABMS) refreshment training to
      kepada Business Lines/Functions                Business Lines/Functions

•     Pembelajaran tahunan mandiri berbasis      •   Annual anti-fraud self e-learning,
      internet terkait topik-topik anti-fraud,       including topics related to anti-
      termasuk materi tentang antikorupsi            corruption and ABMS
      dan SMAP

•     Sosialisasi SMAP kepada pemasok            •   ABMS socialization to suppliers
      melalui penyampaian flyer via email            through flyer distribution via email and
      serta kegiatan sosialisasi yang                socialization sessions held at the head
      diselenggarakan di kantor pusat                office

•     Sosialisasi mengenai kesadaran atas        •   Promoting awareness of anti-fraud and
      topik-topik terkait anti-fraud dan             anti-corruption topics to all employees
      antikorupsi kepada seluruh karyawan            by sending monthly flyers via email
      melalui penyampaian flyer via email            (ethics series)
      secara bulanan (ethics series)

•     Publikasi handbook Anti-Bribery            •   Publication of the Anti-Bribery
      dan Anti-Corruption kepada Direksi,            and Anti-Corruption handbook to
      Dewan Komisaris dan Komite Audit,              the Board of Directors, Board of
      Risk & Compliance                              Commissioners and the Audit, Risk &
                                                     Compliance Committee

•     Publikasi Fraud Incident Report via        •   Periodic publication of Fraud Incident
      email secara berkala sebagai sarana            Reports via email as a learning tool for
      pembelajaran bagi seluruh karyawan             all Petrosea employees, highlighting
      Petrosea atas kasus pelanggaran-               ethical violation cases, schemes,
      pelanggaran etika yang terjadi, skema,         sanctions and necessary internal
      sanksi dan mitigasi pengendalian               control mitigations
      internal yang diperlukan




492     Laporan Tahunan / Annual Report 2025                                                        PT Petrosea Tbk 493
Page 248
    Tata Kelola Perusahaan                                                                                                                                                    Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                      Corporate Governance



Sistem Manajemen Antikorupsi                                                                                                                                                         Sistem Pelaporan Pelanggaran
Anti-corruption management system                                                                                                                                                              Whistleblowing System




TINJAUAN ATAS EFEKTIVITAS SISTEM              REVIEW OF EFFECTIVENESS OF                      Perusahaan melindungi seluruh pelapor,                       The Company protects all whistleblowers,
MANAJEMEN ANTIKORUPSI                         ANTI-CORRUPTION MANAGEMENT                      terlepas pelapor merupakan karyawan,                         regardless of their status as employees,
                                              SYSTEM                                          pemasok atau pihak eksternal.                                vendors or external parties.

Perusahaan melakukan peninjauan secara        The Company conducts periodic reviews
berkala terhadap efektivitas sistem           on the effectiveness of the anti-bribery
manajemen anti penyuapan. Evaluasi            management system. The evaluation is
dilakukan secara mandiri dan komprehensif     conducted independently and                     Sistem Manajemen Pelaporan Pelanggaran Petrosea
melalui internal dan eksternal audit. Hasil   comprehensively through internal and            Petrosea Whistleblowing Management System
audit dikomunikasikan dan dibahas melalui     external audit. The audit results are
rapat triwulanan dengan Komite Audit, Risk    communicated and discussed through
& Compliance selaku governing body.           quarterly meetings with the Audit, Risk &
                                                                                                   Leadership
                                              Compliance Committee as the governing                                           WBS Management Function           ARC           Council                BEI
                                                                                                   Oversight &
                                              body.
                                                                                                   Management
                                                                                                   Support                                                                    IMPA
                                                                                                                                                     T                            RTI
                                                                                                                                                   US                                 AL
                                                                                                                                                 TR                                     I TY

Sistem Pelaporan Pelanggaran                                                                                                                                   Decision &
                                                                                                                                                               Feedback

Whistleblowing System                                                                                                                      Assessment                                Case
                                                                                                                                             & Triage                              Follow-up


Perusahaan memiliki Sistem Pelaporan          The Company has established a




                                                                                                                             L
                                                                                                                          TIA




                                                                                                                                                                                                           PR
Pelanggaran yang bertujuan untuk              Whistleblowing System that aims to




                                                                                                                       DEN




                                                                                                                                                                                                             OTE
meningkatkan kualitas transparansi,           improve the quality of transparency,                                               WBS Reporting




                                                                                                                      CONFI




                                                                                                                                                                                                                CTIO
                                                                                                                                                                                          Remediation
                                                                                                                                  Email & Web
akuntabilitas, integritas dan kewajaran       accountability, integrity and fairness of all                                                            Petrosea Whistleblowing




                                                                                                                                                                                                               N
                                                                                                                                                     Management System (“WBMS”)
aktivitas seluruh karyawan, termasuk          employee activities, including members of
anggota Dewan Komisaris dan Direksi.          the Board of Commissioners and Board of                                  AWARENESS & TRAINING              POLICIES AND PROCEDURES          DOCUMENT CONTROLS
                                              Directors.
                                                                                                                                                            CONTINUOUS IMPROVEMENTS


KEBIJAKAN WHISTLEBLOWING                      WHISTLEBLOWING POLICY AT
DI PETROSEA                                   PETROSEA
Sistem Pelaporan Pelanggaran (WBS)            The Whistleblowing System (WBS)
mendukung praktik tata kelola perusahaan      supports the implementation of good
yang baik, memberikan peluang bagi            corporate governance practices;                 PELAPORAN PELANGGARAN                                        WHISTLEBLOWING
Perusahaan untuk melakukan langkah            allowing the Company to act early
                                                                                              Perusahaan memiliki Prosedur Sistem                          The Company has a Procedure Governing
pencegahan, deteksi, koreksi dan mitigasi     prevention, detection, correction and
                                                                                              Pelaporan Pelanggaran yang mencakup                          Whistleblowing Reporting that
secara dini, serta memberikan petunjuk        mitigation and to provide guidance to
                                                                                              tujuan, ruang lingkup, referensi, definisi,                  includes objectives, scope, reference,
bagi karyawan, pemasok, pelanggan dan         employees,vendors, customers and
                                                                                              penanggung jawab, uraian proses dan                          definitions, responsible unit, procedure
pemangku kepentingan lainnya untuk            other stakeholders to report violations of
                                                                                              dokumentasi pelaporan pelanggaran.                           and documentation of whistleblowing
menyampaikan laporan pelanggaran              laws and regulations and the Company's
                                                                                              Pelapor internal maupun eksternal dapat                      reporting. Whistleblowers, both
terhadap peraturan perundang-undangan         policies and procedures by employees
                                                                                              menyampaikan laporan secara anonim,                          internal and external can submit report
dan peraturan perusahaan oleh karyawan        and business partners of Petrosea.
dan mitra bisnis Petrosea.




494    Laporan Tahunan / Annual Report 2025                                                                                                                                             PT Petrosea Tbk 495
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    Tata Kelola Perusahaan                                                                                                                                   Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                     Corporate Governance



Sistem Pelaporan Pelanggaran                                                                                                                                     Sistem Pelaporan Pelanggaran
Whistleblowing System                                                                                                                                                  Whistleblowing System




sesuai prinsip GCG dan prosedur dengan           anonymously, in accordance with GCG            PERLINDUNGAN BAGI TERLAPOR                   PROTECTION FOR REPORTED PARTIES
rumusan 4W-2H (What, Where, When,                principles and procedure with the 4W-          Perusahaan menjamin perlakuan yang adil      The Company ensures fair treatment for
Who, How dan How Much) secara tertulis           2H formula (What, Where, When, Who,            bagi terlapor selama proses penanganan       reported parties throughout the handling
maupun secara elektronik melalui:                How and How Much) either in writing or         berlangsung, dengan meliputi:                process, which includes:
                                                 electronically through:
                                                                                                •   Asas praduga tak bersalah — Terlapor     •   Presumption of innocence — The
                                                                                                    dianggap tidak bersalah hingga hasil         reported party is considered
                                                                                                    investigasi yang sah dan objektif            innocent until a lawful and objective
                              Email: whistleblowing@petrosea.com                                    membuktikan sebaliknya                       investigation proves otherwise
                         e-Form: webapps.petrosea.com/whistleblowing
                                                                                                •   Hak atas penjelasan dan klarifikasi      •   Right to explanation and clarification
                    (accessible via www.petrosea.com & Company's intranet)
                                                                                                    — Terlapor berhak memberikan                 — The reported party has the right to
                                                                                                    penjelasan dan bukti pendukung               provide explanations and supporting
                                                                                                    secara profesional dan tertutup,             evidence in a professional and
                                                                                                    dengan menjaga martabat dan                  confidential manner, while maintaining
PERLINDUNGAN BAGI PELAPOR                        PROTECTION FOR WHISTLEBLOWERS                      kerahasiaan                                  dignity and confidentiality

Perusahaan menjamin perlindungan                 The Company guarantees protection for          •   Kerahasiaan informasi — Identitas, isi   •   Confidentiality of information — The
terhadap pelapor yang menyampaikan               whistleblowers who report in good faith.           laporan dan proses penanganan dijaga         identity, report contents and handling
laporan dengan itikad baik. Bentuk               The forms of protection provided include:          kerahasiaannya                               process are kept strictly confidential
perlindungan yang diberikan meliputi:                                                           •   Pencegahan stigma dan diskriminasi       •   Prevention of stigma and
                                                                                                    — Tidak diperbolehkan adanya                 discrimination — Any form of pressure,
•     Kerahasiaan identitas dan informasi        •   Confidentiality of the whistleblower’s         tekanan, perundungan, atau tindakan          bullying, or discriminatory action
      pelapor serta isi laporan, kecuali             identity, information and report               diskriminatif dalam bentuk apapun            against the reported party is strictly
      jika diwajibkan oleh hukum untuk               contents, except when disclosure is            terhadap terlapor                            prohibited
      diungkapkan                                    required by law                            •   Pemulihan nama baik — Jika laporan       •   Restoration of reputation — If the
•     Perlindungan dari segala bentuk            •   Protection from any form of retaliation,       tidak terbukti, Perusahaan akan              report is proven unfounded, the
      pembalasan, termasuk ancaman,                  including threats, intimidation,               mengambil langkah yang layak untuk           Company will take appropriate
      intimidasi, pemutusan hubungan                 termination, demotion, harassment,             memulihkan reputasi dan nama baik            measures to restore the reported
      kerja, penurunan jabatan, pelecehan,           discrimination, psychological pressure         terlapor                                     party’s reputation and good name
      diskriminasi, tekanan psikologis atau          or any other unfair treatment
      perlakuan tidak adil lainnya

•     Akses terhadap dukungan yang               •   Access to necessary support, such as
      diperlukan, seperti bantuan psikologis         psychological assistance or internal
      atau perlindungan hukum internal               legal protection during and after the
      selama dan setelah proses investigasi          investigation process

•     Hak untuk memperoleh informasi             •   The right to obtain information
      terkait status tindak lanjut laporan,          regarding the status of the report’s
      sejauh tidak mengganggu kerahasiaan            follow-up, insofar as it does not
      proses investigasi                             compromise the confidentiality of the
                                                     investigation process




496     Laporan Tahunan / Annual Report 2025                                                                                                                      PT Petrosea Tbk       497
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    Tata Kelola Perusahaan                                                                                                                                   Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                     Corporate Governance



Sistem Pelaporan Pelanggaran                                                                                                                                      Sistem Pelaporan Pelanggaran
Whistleblowing System                                                                                                                                                   Whistleblowing System




PERLINDUNGAN BAGI PERSONEL                    PROTECTION FOR PERSONNEL                         PENANGANAN PENGADUAN                          WHISTLEBLOWING HANDLING
YANG TERLIBAT DALAM PENGELOLAAN               INVOLVED IN MANAGING & HANDLING
                                                                                               Pelaporan diharapkan untuk dapat              Reports are expected to be submitted
& PENANGANAN LAPORAN YANG                     REPORTS SUBMITTED THROUGH WBS
                                                                                               dilakukan segera karena penundaan             promptly, as delays may result in the loss
DISAMPAIKAN MELALUI WBS
                                                                                               pelaporan berpotensi menghilangkan alat       of evidence and hinder follow-up and
Perusahaan menjamin perlindungan              The Company ensures adequate                     bukti, mempersulit proses tindak lanjut       investigation processes. The Business
yang memadai bagi seluruh personel            protection for all personnel involved            dan investigasi. Unit Business Ethics and     Ethics and Integrity Unit is required to
yang terlibat dalam pengelolaan dan           in the management and handling of                Integrity selanjutnya wajib menindaklanjuti   take immediate follow-up actions upon
penanganan laporan whistleblowing untuk       whistleblowing reports to maintain               pelaporan segera sejak diterimanya            receiving a report through the following
menjaga independensi, keamanan dan            independence, safety and professionalism         pelaporan dengan proses sebagai berikut:      process:
profesionalisme dalam menjalankan tugas.      in carrying out their duties.
                                                                                               • Unit Business Ethics & Integrity            • Business Ethics and Integrity Unit
                                                                                                 melakukan penelaahan awal atas                conducts a preliminary review of the
                                                                                                 laporan WBS dan melakukan eskalasi            WBS report and escalates it to the Head
Perlindungan tersebut meliputi:               The protection includes:
                                                                                                 kepada Head of Risk & Integrity               of Risk & Integrity (if an investigation is
• Perlindungan dari tekanan dan               • Protection from pressure and                     (apabila diperlukan investigasi) untuk        deemed necessary) for further review
  intervensi – Bebas dari pengaruh,             interference — Freedom from influence,           memperoleh review lanjutan dan                and approval to proceed with the
  intimidasi, atau campur tangan pihak          intimidation, or intervention by internal or     persetujuan investigasi                       investigation
  internal maupun eksternal yang                external parties that could compromise
                                                                                               • Head of Risk & Integrity memberikan         • Head of Risk & Integrity notifies the
  dapat mengganggu objektivitas dan             the objectivity and independence of the
                                                                                                 notifikasi kepada Dewan Whistleblowing        Whistleblowing and Investigation
  independensi proses                           process
                                                                                                 dan Investigasi atas proses investigasi       Council of the approved investigation
• Dukungan keamanan – Pemberian               • Security support — Provision of                  yang disetujui dan memantau seluruh           process and oversees the entire
  perlindungan yang sesuai apabila              appropriate protection in the event              proses investigasi                            investigation
  terdapat potensi ancaman terhadap             of potential threats to personal or
                                                                                               • Unit Business Ethics & Integrity            • Business Ethics & Integrity Unit
  keselamatan pribadi atau profesional,         professional safety, including access to
                                                                                                 menyusun perencanaan pelaksanaan              develops an investigation plan,
  termasuk konsultasi hukum atau                legal consultation or physical protection
                                                                                                 investigasi , membentuk tim investigasi,      establishes the investigation team,
  perlindungan fisik bila diperlukan            if necessary
                                                                                                 melakukan investigasi dan menyusun            conducts the investigation and prepares
• Dukungan organisasi – Dukungan penuh        • Organizational support — Full support            laporan hasil investigasi yang akan           the investigation report to be submitted
  dari Direksi, Dewan Whistleblowing dan        from the Board of Directors, the                 disampaikan kepada pihak sesuai               to the relevant parties in accordance
  Investigasi dan Komite ARC berupa             Whistleblowing and Investigation                 matriks otoritas pengambilan keputusan        with the decision-making authority
  akses terhadap sumber daya, pelatihan,        Council and the ARC Committee in the                                                           matrix
  serta otoritas yang dibutuhkan untuk          form of access to resources, training,
                                                                                               • Sanksi diberikan sesuai peraturan yang      • Sanctions are imposed in accordance
  melaksanakan tugas secara efektif             as well as authority required to perform
                                                                                                 berlaku                                       with applicable regulations
                                                duties effectively

• Pembebasan dari tanggung jawab              • Exemption from personal liability
  pribadi (acting in good faith) –              (acting in good faith) — Personnel who
  Personel yang menjalankan tugas               carry out their duties in good faith,
  dengan itikad baik, profesional dan           professionally and in accordance with
  sesuai prosedur tidak akan dimintai           established procedures will not be held
  pertanggungjawaban pribadi atas               personally liable for the consequences
  konsekuensi dari hasil laporan atau           of report outcomes or investigation
  investigasi                                   results




498    Laporan Tahunan / Annual Report 2025                                                                                                                        PT Petrosea Tbk 499
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    Tata Kelola Perusahaan                                                                                                                             Tata Kelola Perusahaan
    Corporate Governance                                                                                                                               Corporate Governance



Sistem Pelaporan Pelanggaran                                                                                                                                Sistem Pelaporan Pelanggaran
Whistleblowing System                                                                                                                                             Whistleblowing System




PIHAK PENGELOLA PENGADUAN                     WHISTLEBLOWING HANDLING PARTIES             •   Komite Audit, Risk & Compliance,         •   Audit, Risk & Compliance Committee,
                                                                                              yang melakukan pengawasan dan                which conducts quarterly oversight
Perusahaan memiliki pihak-pihak berikut ini   The Company has established the
                                                                                              review triwulanan atas keseluruhan           and reviews of the overall WBS and
yang bertanggung jawab untuk mengelola        following parties who are responsible for
                                                                                              proses WBS dan investigasi, serta            investigation processes and provides
pelaporan pengaduan:                          handling whistleblowing reports:
                                                                                              memberikan kajian atau rekomendasi           assessments or recommendations for
• Unit Business Ethics & Integrity (BEI)      • Business Ethics & Integrity (BEI) Unit,       penyempurnaan apabila diperlukan             improvement when necessary
  yang menerima dan menelaah laporan            which receives and reviews WBS reports,
                                                                                          •   Internal Audit, yang berperan sebagai    •   Internal Audit, which acts as an
  WBS, memberikan rekomendasi                   provides follow-up recommendations
                                                                                              unit independen untuk menilai                independent unit to assess the
  tindak lanjut kepada Head of Risk &           to the Head of Risk & Integrity
                                                                                              efektivitas pengendalian internal atas       effectiveness of internal controls
  Integrity, serta mengelola administrasi,      and manages the administration,
                                                                                              sistem WBS, memberikan rekomendasi           over WBS, provide improvement
  dokumentasi dan pembaruan kebijakan           documentation and policy updates
                                                                                              perbaikan dan dapat ditunjuk                 recommendations and may be
  terkait WBS dan proses investigasi            related to WBS and investigation
                                                                                              melakukan penelaahan awal atau               appointed to conduct a preliminary
                                                processes
                                                                                              investigasi apabila laporan melibatkan       review or investigation if a report
• Head of Risk & Integrity, yang meninjau     • Head of Risk & Integrity, who reviews         anggota BEI dan/atau Head of Risk &          involves members of BEI Unit and/or
  hasil penelaahan awal BEI, menetapkan         BEI’s preliminary assessments,                Integrity                                    Head of Risk & Integrity
  keputusan tindak lanjut investigasi,          determines investigation follow-up
  memberikan notifikasi kepada Dewan            decisions, notifies the Whistleblowing
  Whistleblowing dan Investigasi,               and Investigation Council, oversees       Dalam proses penanganan laporan WBS          In handling WBS reports and conducting
  mengawasi pelaksanaan sistem WBS              the implementation of the WBS             dan pelaksanaan investigasi, Perusahaan      investigations, the Company upholds the
  dan proses investigasi, serta melaporkan      and investigation processes, as           menjunjung tinggi prinsip independensi       principles of independence (objectivity,
  rekapitulasi WBS dan hasil investigasi        well as reports WBS summaries and         (objektif, bebas dari konflik kepentingan    freedom from conflicts of interest and
  kepada Komite ARC secara triwulanan           investigation results to the ARC          dan tidak memihak) dan kerahasiaan           impartiality) and confidentiality (on a need-
                                                Committee on a quarterly basis            (need-to-know basis).                        to-know basis).

•   Tim Investigasi, yang melaksanakan        •   Investigation Team, which conducts
    proses investigasi serta melaporkan           the investigation process and
    perkembangan dan hasilnya kepada              reports its progress and results to
    Head of Risk & Integrity atau                 the Head of Risk & Integrity or other
    pihak berwenang, sesuai dengan                authorized parties, in accordance
    ketentuan dalam prosedur tata kelola          with the governance procedures
    penanganan laporan dan investigasi            for fact-based report handling and
    berbasis fakta                                investigation

•   Dewan Whistleblowing & Investigasi,       •   Whistleblowing & Investigation
    yang menerima notifikasi atas                 Council, which receives notifications
    laporan WBS yang dilanjutkan ke               of WBS reports escalated to the
    tahap investigasi serta melakukan             investigation stage and provides
    pengawasan dan kajian menyeluruh              oversight and comprehensive review
    terhadap pelaksanaan kebijakan,               of WBS and investigation policies,
    prosedur dan proses WBS dan                   procedures and processes, offering
    investigasi untuk memberikan masukan          recommendations as necessary
    apabila diperlukan




500 Laporan Tahunan / Annual Report 2025                                                                                                                     PT Petrosea Tbk       501
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  Tata Kelola Perusahaan                                                                                                              Tata Kelola Perusahaan
  Corporate Governance                                                                                                                Corporate Governance



                                                                                                                                           Sistem Pelaporan Pelanggaran
                                                                                                                                                  Whistleblowing System




                                             Prinsip ini tercermin dalam matriks                           These principles are reflected in the
                                             hierarki pengambil tindakan yang                              hierarchical action matrix established by
                                             dirancang oleh Perusahaan dimulai saat                        the Company, which governs the process
                                             laporan pengaduan diterima hingga                             from the receipt of a report through to the
                                             manajemen hasil penanganan. Hierarki                          management of investigation outcomes.
                                             pihak pengambil tindakan adalah sebagai                       The hierarchy of the parties authorized to
                                             berikut:                                                      take action is as follows:


                                                                                         Penelaahan Awal
                                                                  Kondisi                                  Investigasi Berbasis Fakta                   Eskalasi
                                              No.                                          Preliminary
                                                                 Conditions                                Fact-finding Investigation                  Escalation
                                                                                           Assessment


                                               1.   Kondisi normal                       Business Ethics         Business Ethics            Dieskalasikan ke Manajemen
                                                    (terlapor selain poin 2 – 9)          and Integrity           and Integrity             Puncak tergantung dari level
                                                    Normal condition (subject of                                                            jabatan terlapor
                                                    report is other than point 2 – 9)                                                       Escalated to Top
                                                                                                                                            Management depending on
                                                                                                                                            the position level
                                                                                                                                            of the subject of the report.


                                              2.    Terlapor adalah Presiden Komisaris   Business Ethics         Pihak Eskternal            Pemegang Saham
                                                    Subject of report is                  and Integrity           External party            melalui RUPSLB
                                                    President Commissioner                                                                  Shareholders through EGMS



                                              3.    Terlapor adalah                      Business Ethics         Pihak Eskternal            Pemegang Saham
                                                    Presiden Komisaris yang juga          and Integrity           External party            melalui RUPSLB
                                                    berperan sebagai Ketua Komite ARC                                                       Shareholders through EGMS
                                                    Subject of report is President
                                                    Commissioner who is also acting as
                                                    ARC Committee Chairman


                                              4.    Terlapor adalah Dewan Komisaris      Business Ethics         Pihak Eskternal            Pemegang Saham
                                                    (selain Presiden Komisaris)           and Integrity           External party            melalui RUPSLB
                                                    Subject of report is Board of                                                           Shareholders through EGMS
                                                    Commissioners (other than
                                                    President Commissioner)


                                              5.    Terlapor adalah Ketua Komite ARC     Business Ethics         Pihak Eskternal            Dewan Komisaris
                                                    Subject of report is ARC Committee    and Integrity           External party            Board of Commissioners
                                                    Chairman


                                              6.    Terlapor adalah Komite ARC           Business Ethics         Pihak Eskternal            Dewan Komisaris
                                                    (selain Ketua Komite ARC)             and Integrity           External party            Board of Commissioners
                                                    Subject of report is ARC Committee
                                                    (other than ARC Committee
                                                    Chairman)


                                              7.    Terlapor adalah Presiden Direktur    Business Ethics         Pihak Eskternal            Pemegang Saham
                                                    Subject of report is President        and Integrity           External party            melalui RUPSLB
                                                    Director                                                                                Shareholders through EGMS


                                              8.    Terlapor adalah Direksi              Business Ethics         Pihak Eskternal            Pemegang Saham
                                                    (selain Presiden Direktur             and Integrity           External party            melalui RUPSLB
                                                    Subject of report is Board of                                                           Shareholders through EGMS
                                                    Directors (other than President
                                                    Director)


                                              9.    Terlapor adalah BEI                   Internal Audit   Internal Audit atau asistensi    Komite ARC dan
                                                    Subject of report is BEI                                    dari Pihak External         Presiden Direktur
                                                                                                            Internal Audit or assistance    ARC Committee and
                                                                                                                from External Party         President Director



502   Laporan Tahunan / Annual Report 2025                                                                                                  PT Petrosea Tbk 503
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    Tata Kelola Perusahaan                                                                                                                                                  Tata Kelola Perusahaan
    Corporate Governance                                                                                                                                                    Corporate Governance



Sistem Pelaporan Pelanggaran                                                                        Kebijakan Pengungkapan Kepemilikan Saham oleh Anggota Dewan Komisaris dan/atau Anggota Direksi Kebijakan
Whistleblowing System                                                                                   Policy on Share Ownership Disclosure by Members of The Board of Commissioners and/Or Board of Directors




HASIL PENANGANAN PENGADUAN                    WHISTLEBLOWING HANDLING RESULTS                PELAKSANAAN KEBIJAKAN                                      POLICY IMPLEMENTATION
Perusahaan memiliki dokumentasi atas          The Company maintains documentation            Sepanjang tahun 2025, setiap anggota                       Throughout 2025, each member of the
ringkasan laporan pelanggaran yang            of summarized violation reports which          Dewan Komisaris dan Direksi yang memiliki                  Board of Commissioners and Board
diperbarui secara berkala. Pada tahun         are updated periodically. in 2025, BEI         saham Perusahaan telah melaporkan                          of Directors who owns shares of the
2025, BEI menerima 64 laporan pengaduan       received a total of 64 reports through         kepemilikan saham dan/atau setiap                          Company has reported their share
yang diterima melalui whistleblowing          whistleblowing system. Of these, 55            perubahan kepemilikan saham secara                         ownership and/or any changes in such
system. Dari jumlah tersebut, 55 laporan      reports have been resolved, while the          langsung kepada Perusahaan dan telah                       ownership directly to the Company which
telah selesai ditindaklanjuti dan sembilan    remaining nine reports are still under         dilaporkan kepada OJK.                                     were subsequently reported to OJK.
laporan masih dalam proses penanganan.        followup process.

                                                                                             Kepemilikan saham dari anggota                             The shares ownership from the Board of
                                                                                             Dewan Komisaris dan Direksi dapat dilihat                  Commissioners and Board of Directors
                                                                                             di bab Profil pada halaman 238 Laporan                     can be viewed in the Profile chapter on
Kebijakan Pengungkapan Kepemilikan Saham                                                     Tahunan ini.                                               page 238 of this Annual Report

oleh Anggota Dewan Komisaris dan/atau
Anggota Direksi Kebijakan
Policy on Share Ownership Disclosure by Members of The Board                                 Perkara Hukum Material
of Commissioners and/or Board of Directors                                                   Material Litigation

Seluruh anggota Dewan Komisaris dan           All members of the Board of                    Pada tahun 2025, Petrosea, Dewan                           in 2025, Petrosea, the Board of
Direksi wajib memberitahukan atau             Commissioners and Board of Directors           Komisaris dan anggotanya, Direksi dan                      Commissioner and its members, the Board
melaporkan kepemilikan saham dan/atau         are required to notify or report their share   anggotanya, serta manajemen tidak                          of Directors and its members, as well as
setiap perubahan kepemilikan saham, baik      ownership and/or any changes in such           menghadapi perkara hukum yang dapat                        management did not face any litigations
langsung maupun tidak langsung kepada         ownership, whether direct or indirect to the   berdampak secara material terhadap                         that may have materially impacted the
Perusahaan.                                   Company.                                       kinerja Perusahaan.                                        Company’s performance.


Kepemilikan saham tersebut wajib              This share ownership must be reported
dilaporkan paling lambat tiga hari kerja      no later than three working days after
sejak terjadinya kepemilikan hak suara atas   the acquisition of voting rights over the      Sanksi Administratif
saham atau setiap perubahan kepemilikan       shares or any change in the ownership of
                                              voting rights over the Company’s shares
                                                                                             Administrative Sanctions
hak suara atas saham Perusahaan sesuai
dengan POJK No. 4 tahun 2023 tentang          in accordance with POJK No. 4 of 2023
                                                                                             Pada tahun 2025, Perusahaan dan                            During 2025, the Company and its
Laporan Kepemilikan atau Setiap               regarding Reports of Ownership or Any
                                                                                             entitas anak perusahaan, termasuk                          subsidiaries, including the Board of
Perubahan Kepemilikan Saham Perusahaan        Change in Ownership of Public Company
                                                                                             Dewan Komisaris dan Direksi, tidak                         Commissioners and Board of Directors, did
Terbuka jo. SEOJK No. 10/SEOJK.04/2025        Shares jo. SEOJK No. 10/SEOJK.04/2025
                                                                                             mendapatkan sanksi administratif dari                      not receive any administrative sanctions
tentang Penyampaian Laporan                   regarding the Electronic submission of
                                                                                             Bursa Efek Indonesia yang mempengaruhi                     by the Indonesia Stock Exchange
Kepemilikan atau Setiap Perubahan             Reports on Ownership or Any Changes in
                                                                                             kelangsungan usaha Perusahaan, baik                        that affected the continuity of the
Kepemilikan Saham Perusahaan Terbuka          Ownership of Shares of Public Companies
                                                                                             secara finansial maupun operasional.                       Company’s business, both financially and
dan Laporan Aktivitas Menjaminkan Saham       and Reports on the Pledging Activities of
                                                                                                                                                        operationally.
Perusahaan Terbuka secara Elektronik.         Shares of Public Companies.
Dalam hal ini, OJK telah menyediakan           In this regard, OJK has provided an
sistem pelaporan secara elektronik.           electronic reporting system.



504    Laporan Tahunan / Annual Report 2025                                                                                                                                        PT Petrosea Tbk 505
Page 254
   Tata Kelola Perusahaan                                                                                                                              Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                Corporate Governance




Kebijakan Pemberian Kompensasi Jangka
Panjang Berbasis Kinerja
Performance Based Long-Term Compensation Policy



Pada tahun 2025, Perusahaan belum            in 2025, the Company has not yet
melaksanakan program kompensasi              implement a performance-based long-
jangka panjang berbasis kinerja, namun       term compensation program, however
tetap mempertimbangkan upaya                 it continues to explore the development
pengembangan program insentif jangka         of long-term incentive programs for
panjang untuk karyawan dan manajemen         employees and management including
termasuk Direksi dan Dewan Komisaris         the Board of Directors and Board of
guna meningkatkan motivasi dan               Commisioners in order to increase
memperkuat keberlanjutan hubungan kerja      motivation, strengthen employment
karyawan, serta menyelaraskan dengan         sustainability, as well as align with the
tujuan Perusahaan.                           Company’s objectives.




Fungsi Pendukung Lainnya
Other Supporting Functions
                                                                                          TUGAS & TANGGUNG JAWAB HUBUNGAN              INVESTOR RELATIONS DUTIES &
                                                                                          INVESTOR                                     RESPONSIBILITIES
HUBUNGAN INVESTOR                            INVESTOR RELATIONS
                                                                                          Investor Relations memiliki tugas dan        Investor Relations is responsible for the
Sebagai upaya untuk meningkatkan             As an effort to enhance the quality of       fungsi sebagai berikut:                      following duties and functions:
kualitas komunikasi antara Perusahaan        communication between the Company
                                                                                          1. Memberikan layanan informasi dan          1. Provide information-related services
dengan para pemegang saham dan               and its shareholders and investors,
                                                                                             mengembangkan hubungan yang baik             and develop strong relations between
investor, Petrosea memiliki fungsi yang      Petrosea has established a function that
                                                                                             antara Perusahaan dengan pihak yang          the Company and its stakeholders
menjalankan aktivitas penyampaian            carries out information dissemination and
                                                                                             berkepentingan terhadap investasi            regarding investments in shares,
informasi dan relasi.                        investor relations activities.
                                                                                             saham, terutama pemegang saham,              specifically shareholders, stock
                                                                                             analisis efek, manajer investasi, serta      analysts, investment managers, as well
Departemen Investor Relations berperan       The Investor Relations Department plays
                                                                                             broker institusi dan ritel                   as institution and retail brokers
dalam menyediakan informasi yang             a role in providing the information needed
                                                                                          2. Mewakili Perusahaan dalam menjalin        2. Represent the Company in maintaining
dibutuhkan sehubungan dengan kondisi         regarding the Company’s financial
                                                                                             hubungan dengan para pemegang                relations with shareholders, potential
keuangan, saham, kinerja dan prospek         condition, shares, performance and
                                                                                             saham, calon pemegang saham                  shareholders and other stakeholders
usaha Perusahaan.                            business prospects.
                                                                                             dan pemangku kepentingan lain di             among investors
                                                                                             kalangan investor
Departemen Investor Relations                The Investor Relations Department
                                                                                          3. Menciptakan jalur komunikasi yang         3. Establish a consistent communication
senantiasa melakukan komunikasi secara       consistently engages in regular and
                                                                                             konsisten dan membangun hubungan             channel and build fruitful relations
rutin dan efektif dengan pemangku            effective communication with its
                                                                                             yang baik dengan investor dan calon          with investors and potential investors,
kepentingannya, baik institusi maupun        stakeholders, both institutional and
                                                                                             investor, serta berfungsi sebagai juru       as well as function as the Company’s
perorangan.                                  individual.
                                                                                             bicara Perusahaan bagi komunitas             spokesperson for the investor
                                                                                             investor                                     community




506   Laporan Tahunan / Annual Report 2025                                                                                                                  PT Petrosea Tbk 507
Page 255
   Tata Kelola Perusahaan                                                                                                                                             Tata Kelola Perusahaan
   Corporate Governance                                                                                                                                               Corporate Governance



                                                                                                                                                                              Fungsi Pendukung Lainnya
                                                                                                                                                                            Other Supporting Functions




4. Melakukan pengelolaan dan                                 4. Manage and analyse data from the          GOVERNMENT RELATIONS                        GOVERNMENT RELATIONS
   analisa data laporan keuangan dan                            Company’s financial statements and
                                                                                                          Departemen Government Relations             The Government Relations department
   operasional Perusahaan, serta data                           operations as well as sectoral data
                                                                                                          merupakan bagian dari divisi Corporate      is part of the Corporate Affairs division
   sektoral
                                                                                                          Affairs yang bertanggung jawab untuk        which is responsible for establishing and
5. Mengelola bagian Investor di situs web                    5. Maintain the Investor section on the
                                                                                                          menjalin dan membina hubungan baik          maintaining good relations with certain
   perusahaan                                                   corporate website
                                                                                                          dengan pemangku kepentingan tertentu,       stakeholders, particularly the government.
6. Memantau dan melaporkan pandangan                         6. Monitor and report the investor
                                                                                                          terutama pemerintah. Tujuannya adalah       The objective is to ensure that all licenses
   komunitas investor mengenai kinerja                          community’s views on the Company’s
                                                                                                          memastikan bahwa seluruh perizinan          related to the Company’s business
   Perusahaan kepada manajemen                                  performance to management
                                                                                                          terkait kegiatan bisnis dan operasional     and operational activities comply with
7. Menjaga dan meningkatkan brand                            7. Maintain and enhance the Company’s
                                                                                                          Perusahaan senantiasa mematuhi              applicable laws, government regulations,
   awareness Perusahaan                                         brand awareness
                                                                                                          peraturan perundang-undangan dan            both at the central and regional levels.
8. Menghadiri forum dan webinar                              8. Attend investor forums and webinars,
                                                                                                          peraturan pemerintah yang berlaku,
   investor, serta melaksanakan                                 as well as carry out conference calls
                                                                                                          baik di tingkat pusat dan daerah.
   conference call dengan investor                              with institutional and retail investors
   institusional dan retail
                                                                                                          TUGAS & TANGGUNG JAWAB                      GOVERNMENT RELATIONS DUTIES &
                                                                                                          GOVERNMENT RELATIONS                        RESPONSIBILITIES
PELAKSANAAN TUGAS HUBUNGAN                                   INVESTOR RELATIONS DUTIES
INVESTOR TAHUN 2025                                          IMPLEMENTATION IN 2025                       •   Melakukan pemetaan pemangku             •   Conduct stakeholder mapping,
                                                                                                              kepentingan, diantaranya pemerintah,        including the government, other
Pada tahun 2025, departemen Investor                         Pada tahun 2025, departemen Investor
                                                                                                              perusahaan lain, Lembaga Swadaya            companies, non-governmental
Relations melaksanakan tugas sebagai                         Relations melaksanakan tugas sebagai
                                                                                                              Masyarakat dan organisasi masyarakat        Organizations (NGOs) and mass
berikut:                                                     berikut:
                                                                                                                                                          organizations
                                                                                                          •   Membangun dan memelihara                •   Build and maintain professional
                                                                                                              hubungan profesional dengan                 relationships with stakeholders
                                           Kegiatan                                        Frekuensi          pemangku kepentingan sesuai dengan          in accordance with the Company
                                            Activity                                       Frequency
                                                                                                              kebutuhan operasional dan bisnis            operational and business requirements
  Berkoordinasi dengan Sekretaris Perusahaan dalam menyelenggarakan Paparan Publik             1 kali         Perusahaan
  Coordinated with Corporate Secretary in conducting a Public Expose                          1 time      •   Menjadi penghubung antara               •   Become a liaison between the
                                                                                                              pemerintah terkait dengan bisnis            government and the Company’s
  Mengikuti One-on-One Meeting (Equity)                                                       14 Kali
  Participated in One-on-One Meetings (Equity)                                               14 times         Perusahaan                                  business
                                                                                                          •   Melakukan pemetaan peraturan            •   Conduct mapping of prevailing
  Mengikuti One-on-One Meeting (Bonds)                                                        2 Kali
                                                                                                              pemerintah, baik pemerintah pusat dan       government regulations, both central
  Participated in One-on-One Meetings (Bonds)                                                2 times
                                                                                                              daerah, yang berlaku                        and regional governments
  Menerima Laporan Riset Saham Perusahan                                                      7 kali      •   Melakukan pemetaan peraturan dan        •   Conduct mapping of current
  Received the Company’s Shares Research Report                                              7 times
                                                                                                              regulasi pemerintah terkini yang            government regulations and policies
                                                                                                              mungkin berdampak pada operasional          that could impact the Company’s
                                                                                                              Perusahaan                                  operations
                                                                                                          •   Memastikan bahwa Perusahaan             •   Ensure that the Company complies
                                                                                                              mematuhi peraturan yang berlaku             with applicable regulations




508   Laporan Tahunan / Annual Report 2025                                                                                                                                 PT Petrosea Tbk 509
Page 256
      Tata Kelola Perusahaan                                                                                                                                                      Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                        Corporate Governance




                                                                                           Penerapan Pedoman Tata Kelola
Fungsi Pendukung Lainnya
Other Supporting Functions


                                                                                           Perusahaan Terbuka
                                                                                           Implementation of Public Company Governance Guidelines
•     Memastikan bahwa setiap perubahan        •   Ensure that any changes in
      peraturan dan/atau kebijakan yang            regulations and/or policies affecting
      berdampak pada bisnis Perusahaan             the Company’s business are
                                                                                                                          Penerapan Pedoman Tata Kelola Perusahaan Terbuka
      dikomunikasikan dan dikoordinasikan          communicated and coordinated                                            Implementation Of Public Company Governance Guidelines
      dengan baik kepada pihak-pihak               effectively with relevant parties
      terkait                                                                                                                                                                              Status Penerapan atau
                                                                                                                                          Prinsip &                                           Penjelasan Belum
•     Melaporkan perkembangan terkait          •   Report the Company's license                                                         Rekomendasi                                              Menerapkan
                                                                                                No
      perizinan Perusahaan sesuai dengan                                                                                                 Principles &                                     Status of Implementation
                                                   developments in accordance with
                                                                                                                                      Recommendations                                      or Explanation If Not Yet
      peraturan perundang-undangan yang            prevailing government regulations                                                                                                            Implemented
      berlaku
                                                                                            A            Hubungan perusahaan terbuka dengan pemegang saham dalam menjamin hak-hak pemegang saham
•     Mengelola program SHE/ESG/CSR            •   Managing SHE/ESG/CSR programs                         Relationship between a public company and shareholders in ensuring the rights of shareholders
      sesuai dengan peraturan pemerintah           in accordance with applicable
      yang berlaku                                 government regulations
                                                                                                     1   Meningkatkan nilai penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
•     Memantau Sistem Manajemen                •   Monitor the SHE/ESG/CSR                               Increasing the value of the General Meeting of Shareholders (GMS) execution

      SHE/ESG/CSR untuk memastikan                 Management System to ensure the                       Rekomendasi/Recommendations:

      efektivitas program sesuai dengan            effectiveness of the programs in
      standar yang ditetapkan oleh                 accordance with standards set by the                  a. Perusahaan terbuka memiliki cara atau prosedur teknis pengumpulan            Diterapkan
                                                                                                            suara (voting) baik secara terbuka maupun tertutup yang mengedepankan        Implemented
      pemerintah dan lembaga standar               government and international standard
                                                                                                            independensi dan kepentingan pemegang saham
      internasional                                bodies                                                   Public company has methods or technical procedures of voting in public or
                                                                                                            in private, which prioritizes independence and shareholder interest
•     Menjaga keamanan aktivitas               •   Ensure the security of the Company’s
      operasional Perusahaan didukung              operational activities, supported                     b. Seluruh anggota Direksi dan Dewan Komisaris perusahaan terbuka hadir         Diterapkan
                                                                                                            dalam RUPS Tahunan                                                           Implemented
      oleh aparat keamanan negara dan              by national security forces and                          All members of the Board of Directors and Board of Commissioners are
      masyarakat                                   communities                                              present in the Annual GMS

•     Mengelola satuan pengamanan di           •   Manage security units at each                         c. Ringkasan risalah RUPS tersedia dalam situs web perusahaan terbuka           Diterapkan
      setiap proyek untuk memastikan               project to ensure projects run safely                    paling sedikit selama satu tahun                                             Implemented
                                                                                                            Summary of GMS minutes of meeting is available on public Company’s
      proyek berjalan dengan aman bermitra         in partnership with local security                       website for at least one year
      dengan aparat keamanan setempat              authorities

                                                                                                     2   Meningkatkan kualitas komunikasi perusahaan terbuka dengan pemegang saham atau investor
                                                                                                         Increasing the quality of communications between the public company and shareholders or investors

                                                                                                         Rekomendasi/Recommendations:


                                                                                                         a. Perusahaan terbuka memiliki suatu kebijakan komunikasi dengan                Diterapkan
                                                                                                            pemegang saham atau investor                                                 Implemented
                                                                                                            Public company owns a policy for communication with shareholders or
                                                                                                            investors

                                                                                                         b. Perusahaan terbuka mengungkapkan kebijakan komunikasi dengan                 Diterapkan
                                                                                                            pemegang saham atau investor pada situs web perusahaan terbuka               Implemented
                                                                                                            Public company discloses its communication policy with shareholders or
                                                                                                            investors on the public Company’s website




510     Laporan Tahunan / Annual Report 2025                                                                                                                                            PT Petrosea Tbk           511
Page 257
      Tata Kelola Perusahaan                                                                                                                                                                                           Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                                             Corporate Governance



                                                                                                                                                                                                     Penerapan Pedoman Tata Kelola Perusahaan Terbuka
                                                                                                                                                                                              Implementation of Public Company Governance Guidelines




                                Penerapan Pedoman Tata Kelola Perusahaan Terbuka                                                                            Penerapan Pedoman Tata Kelola Perusahaan Terbuka
                                 Implementation Of Public Company Governance Guidelines                                                                      Implementation Of Public Company Governance Guidelines


                                                                                                    Status Penerapan atau                                                                                                        Status Penerapan atau
                                                Prinsip &                                              Penjelasan Belum                                                                                                             Penjelasan Belum
                                                                                                                                                                             Prinsip &
                                              Rekomendasi                                                 Menerapkan                                                                                                                   Menerapkan
      No                                                                                                                                                                   Rekomendasi
                                               Principles &                                        Status of Implementation         No                                                                                                  Status of
                                                                                                                                                                            Principles &
                                            Recommendations                                         or Explanation If Not Yet                                                                                                      Implementation or
                                                                                                                                                                         Recommendations
                                                                                                         Implemented                                                                                                              Explanation If Not Yet
                                                                                                                                                                                                                                      Implemented

 B             Fungsi & peran Dewan Komisaris
               Functions & roles of the Board of Commissioners                                                                  C        Fungsi & peran Direksi
                                                                                                                                         Functions & roles of the Board of Directors


      3        Memperkuat keanggotaan dan komposisi Dewan Komisaris
                                                                                                                                    5    Memperkuat keanggotaan dan komposisi Direksi
               Strengthen the membership and composition of Board of Commissioners
                                                                                                                                         Strengthening the membership the composition of the Board of Directors
               Rekomendasi/Recommendations:
                                                                                                                                         Rekomendasi/Recommendations


               a. Penentuan jumlah anggota Dewan Komisaris mempertimbangkan kondisi                Diterapkan
                                                                                                                                         a. Penentuan jumlah anggota Direksi mempertimbangkan kondisi perusahaan                 Diterapkan
                  perusahaan terbuka                                                               Implemented
                                                                                                                                            terbuka serta efektivitas dalam proses pengambilan keputusan                         Implemented
                  Determination of the number of Board of Commissioners members
                                                                                                                                            The determination of the number of Board of Directors considers the current
                  considers the condition of the public company
                                                                                                                                            condition of public company and effectiveness of decision-making process
               b. Penentuan komposisi anggota Dewan Komisaris memperhatikan                        Diterapkan
                                                                                                                                         b. Penentuan komposisi anggota Direksi memperhatikan, keberagaman                       Diterapkan
                  keberagaman keahlian, pengetahuan dan pengalaman yang dibutuhkan                 Implemented
                                                                                                                                            keahlian, pengetahuan dan pengalaman yang dibutuhkan                                 Implemented
                  The determination on the composition of the Board of Commissioners
                                                                                                                                            The determination of Board of Directors composition considers the diversity
                  members considers the diversity of required skills, knowledge and
                                                                                                                                            of expertise, knowledge and required experience
                  experience

                                                                                                                                         c. Anggota Direksi yang membawahi bidang akuntansi atau keuangan memiliki               Diterapkan
                                                                                                                                            keahlian dan/atau pengetahuan di bidang akuntansi                                    Implemented
      4        Meningkatkan kualitas pelaksanaan tugas dan tanggung jawab Dewan Komisaris                                                   Members of the Board of Directors who oversees accounting or finance has
               Increasing the quality of performing duties and responsibilities of the Board of Commissioners                               expertise and/ or knowledge in accounting

               Rekomendasi/Recommendations:

                                                                                                                                    6    Meningkatkan kualitas pelaksanaan tugas dan tanggung jawab Direksi
               a. Dewan Komisaris mempunyai kebijakan penilaian sendiri                            Diterapkan                            Increasing the quality of the duties and responsibilities of the Board of Directors
                  (self-assessment) untuk menilai kinerja Dewan Komisaris                          Implemented
                  The Board of Commissioners has a self-assessment policy to evaluate the                                                Rekomendasi/Recommendations:
                  performance of the Board of Commissioners

                                                                                                                                         a. Direksi mempunyai kebijakan penilaian sendiri (self-assessment) untuk                Diterapkan
               b. Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan        Diterapkan
                                                                                                                                            menilai kinerja Direksi                                                              Implemented
                  Komisaris, diungkapkan melalui Laporan Tahunan perusahaan terbuka                Implemented
                                                                                                                                            The Board of Directors has a self-assessment policy regarding the evaluation
                  The self-assessment policy that evaluates the performance of the Board of
                                                                                                                                            of the Board of Director’s performance
                  Commissioners is disclosed in the Annual Report of the public company

                                                                                                                                         b. Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi          Diterapkan
               c. Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota             Diterapkan
                                                                                                                                            diungkapkan melalui Laporan Tahunan perusahaan terbuka                               Implemented
                  Dewan Komisaris apabila terlibat dalam kejahatan keuangan                        Implemented
                                                                                                                                            The self-assessment policy on the evaluation of the Board of Directors’
                  The Board of Commissioners has a policy concerning the resignation of a
                                                                                                                                            performance is disclosed in public Company’s Annual Report
                  commissioner if involved in a financial crime

                                                                                                                                         c. Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi                 Diterapkan
               d. Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota             Diterapkan
                                                                                                                                            apabila terlibat dalam kejahatan keuangan                                            Implemented
                  Dewan Komisaris apabila terlibat dalam kejahatan keuangan                        Implemented
                                                                                                                                            The Board of Directors own policy concerning resignation of Board of
                  The Board of Commissioner or committee that performs the nomination
                                                                                                                                            Directors members who are involved in financial crimes
                  and remuneration function arranges the succession policy in the process of
                  nominating a member of the Board of Commisioners




512        Laporan Tahunan / Annual Report 2025                                                                                                                                                                                PT Petrosea Tbk        513
Page 258
      Tata Kelola Perusahaan                                                                                                                                                                                  Tata Kelola Perusahaan
      Corporate Governance                                                                                                                                                                                    Corporate Governance



Penerapan Pedoman Tata Kelola Perusahaan Terbuka                                                                                                                                             Penerapan Pedoman Tata Kelola Perusahaan Terbuka
Implementation of Public Company Governance Guidelines                                                                                                                                Implementation of Public Company Governance Guidelines




                                 Penerapan Pedoman Tata Kelola Perusahaan Terbuka                                                                    Penerapan Pedoman Tata Kelola Perusahaan Terbuka
                                  Implementation Of Public Company Governance Guidelines                                                              Implementation Of Public Company Governance Guidelines


                            Prinsip &                                Status Penerapan atau                                                                                                                           Status Penerapan atau
                          Rekomendasi                           Penjelasan Belum Menerapkan                                                                                                                             Penjelasan Belum
      No                                                                                                                                                             Prinsip &
                           Principles &                    Status of Implementation or Explanation If                                                                                                                      Menerapkan
                                                                                                                                                                   Rekomendasi
                        Recommendations                               Not Yet Implemented                                     No                                                                                            Status of
                                                                                                                                                                    Principles &
                                                                                                                                                                                                                       Implementation or
                                                                                                                                                                 Recommendations
                                                                                                                                                                                                                      Explanation If Not Yet
  D            Partisipasi pemangku kepentingan                                                                                                                                                                           Implemented
               Stakeholders participation

                                                                                                                          D        Partisipasi pemangku kepentingan
      7        Meningkatkan aspek tata kelola perusahaan melalui partisipasi pemangku                                              Stakeholders participation
               kepentingan
               Increasing the Company’s governance aspect through stakeholder participation
                                                                                                                              8    Meningkatkan aspek tata kelola perusahaan melalui partisipasi pemangku kepentingan
               Rekomendasi/Recommendations:                                                                                        Increasing the Company’s governance aspect through stakeholder participation

                                                                                                                                   Rekomendasi/Recommendations:
               a. Perusahaan terbuka memiliki kebijakan untuk mencegah terjadinya                        Diterapkan
                  insider trading                                                                        Implemented
                  The public company has established a policy to prevent insider trading                                           a. Perusahaan terbuka memanfaatkan penggunaan teknologi informasi secara         Diterapkan
                                                                                                                                      lebih luas selain situs web sebagai media keterbukaan informasi               Implemented
                                                                                                                                      The public company takes more advantage of information technology aside
               b. Perusahaan terbuka memiliki kebijakan antikorupsi dan anti-fraud                       Diterapkan                   from its website as a media for information disclosure
                  The public company has an anti-corruption and anti-fraud policy                        Implemented

                                                                                                                                   b. Laporan Tahunan perusahaan terbuka mengungkapkan pemilik manfaat              Diterapkan
               c. Perusahaan terbuka memiliki kebijakan tentang seleksi dan                              Diterapkan
                                                                                                                                      akhir dalam kepemilikan saham perusahaan terbuka paling sedikit 5%,           Implemented
                  peningkatan kemampuan pemasok atau vendor                                              Implemented
                                                                                                                                      selain mengungkapkan pemilik manfaat akhir dalam kepemilikan saham
                  The public company has a policy that governs the selection and
                                                                                                                                      perusahaan terbuka melalui pemegang saham utama dan pengendali
                  capability enhancement of its suppliers and vendors
                                                                                                                                      The public Company’s Annual Report discloses the ultimate beneficial
                                                                                                                                      owner of at least 5% of share ownership of the public company, in addition
               d. Perusahaan terbuka memiliki kebijakan Whistleblowing System                            Diterapkan                   to disclosing the ultimate beneficial owner of the public Company’s shares
                  The public company has a Whistleblowing System policy                                  Implemented                  through its main and controlling shareholders


               e. Perusahaan terbuka memiliki            Tidak diterapkan
                  kebijakan pemberian insentif           Not implemented
                  jangka panjang kepada Direksi
                  dan karyawan                           Penjelasan/Explanation:
                  The public company has                 Perusahaan tidak melaksanakan program kompensasi jangka
                  established a policy regarding the     panjang berbasis kinerja, namun tetap mempertimbangkan upaya
                  provision of long-term incentives      pengembangan program insentif jangka panjang untuk karyawan
                  for the Board of Directors and         dan manajemen guna meningkatkan motivasi dan memperkuat
                  employees                              keberlanjutan hubungan kerja karyawan, serta menyelaraskan
                                                         dengan tujuan Perusahaan
                                                         The Company does not implement a performance-based long-
                                                         term compensation program, however it continues to explore the
                                                         development of long-term incentive programs for employees
                                                         and management in order to increase motivation, strengthen
                                                         employment sustainability, as well as align with the Company’s
                                                         objectives




514        Laporan Tahunan / Annual Report 2025                                                                                                                                                                    PT Petrosea Tbk         515
Page 259
                                                                                        06
      Tanggung Jawab Sosial Perusahaan
                                                       TANGGUNG JAWAB
                                                                    Tanggung Jawab Sosial Perusahaan
      Corporate Social Responsibility


                                                 “   SOSIAL PERUSAHAAN
                                                      CORPORATE SOCIAL
                                                         RESPONSIBILITY
                                                                        Corporate Social Responsibility




            Petrosea menerapkan
            program CSR yang fokus pada
            empat pilar, yaitu Pendidikan,
            Kesehatan, Pemberdayaan
            Ekonomi dan Lingkungan

            Petrosea carries out CSR
            programs which focus on the
            four pillars of Education, Health,
            Economic Empowerment and
            Environment




 “

516     Laporan Tahunan / Annual Report 2025                                              PT Petrosea Tbk   517
Page 260
      Tanggung Jawab Sosial Perusahaan                                                       Tanggung Jawab Sosial Perusahaan
      Corporate Social Responsibility                                                            Corporate Social Responsibility




Tanggung Jawab Sosial Perusahaan
Corporate Social Responsibility


Informasi terkait tanggung jawab sosial        Information related to social and
dan lingkungan dimuat di dalam Laporan         environmental responsibility is presented
Keberlanjutan 2025, yang diterbitkan           in the 2025 Sustainability Report, which
dalam buku terpisah namun dilaporkan           is published as a separate document but
dalam waktu yang bersamaan dengan              released at the same time as this 2025
Laporan Tahunan 2025 ini yang sesuai           Annual Report in accordance with
dengan ketentuan SEOJK No. 16/                 SEOJK No. 16/SEOJK.04/2021 provision.
SEOJK.04/2021. Laporan Keberlanjutan           The 2025 Sustainability Report has
2025 ini telah diverifikasi oleh               been verified by PT Sejahtera Rambah
PT Sejahtera Rambah Asia (SRAI), penyedia      Asia (SRAI), a AA1000 license provider
lisensi AA1000 dengan nomor registrasi         with a registered number of 000-758
000-758 selaku pihak independen,               as an independent party, including the
termasuk kebijakan Perusahaan dalam            Company’s policy on selecting assurance
memilih penyedia jasa assurance dan            service providers and its relationship with
hubungannya dengan penyedia tersebut.          those providers.

Secara umum, informasi dalam Laporan           In general, the information presented
Tahunan 2025 dan Laporan Keberlanjutan         in the 2025 Annual Report and 2025
2025 saling melengkapi. Oleh karena itu,       Sustainability Report complement each
Laporan Tahunan ini tidak lagi memuat          other. Therefore, this Annual Report no
informasi mengenai tanggung jawab sosial       longer includes information on social and
dan lingkungan.                                environtmental responsibility.




518     Laporan Tahunan / Annual Report 2025                                                                  PT Petrosea Tbk      519
Page 261
                                                                                          07
  Tanggung Jawab Sosial Perusahaan                                        Tanggung Jawab Sosial Perusahaan
                                                   LAPORAN KEUANGANCorporate Social Responsibility
  Corporate Social Responsibility


                                             “    KONSOLIDASIAN 2025
                                                   2025 CONSOLIDATED
                                                 FINANCIAL STATEMENTS




            Petrosea mencatatkan
            peningkatan total pendapatan
            sebesar 28,32% menjadi
            US$886,46 juta pada tahun 2025
            Petrosea recorded a 28.32%
            increase in total revenue to
            US$886.46 million in 2025




“

520   Laporan Tahunan / Annual Report 2025                                               PT Petrosea Tbk     521
Page 262
PT PETROSEA Tbk
DAN ENTITAS ANAK/
AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN/
CONSOLIDATED FINANCIAL STATEMENTS

UNTUK TAHUN-TAHUN YANG BERAKHIR
31 DESEMBER 2025 DAN 2024/
FOR THE YEARS ENDED
DECEMBER 31, 2025 AND 2024

DAN LAPORAN AUDITOR INDEPENDEN/
AND INDEPENDENT AUDITOR’S REPORT
Page 263
PT PETROSEA Tbk DAN ENTITAS ANAK                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
DAFTAR ISI                                                  TABLE OF CONTENTS

                                                 Halaman/
                                                  Page

SURAT PERNYATAAN DIREKSI                                     DIRECTORS’ STATEMENT LETTER

LAPORAN AUDITOR INDEPENDEN                                   INDEPENDENT AUDITOR’S REPORT

LAPORAN KEUANGAN KONSOLIDASIAN –                             CONSOLIDATED FINANCIAL STATEMENTS –
  Untuk    tahun-tahun    yang berakhir                        For the years ended December 31, 2025
  31 Desember 2025 dan 2024                                    and 2024

  Laporan Posisi Keuangan Konsolidasian             1          Consolidated Statements of Financial Position

  Laporan  Laba     Rugi   dan     Penghasilan                 Consolidated Statements of Profit or Loss and
    Komprehensif Lain Konsolidasian                 3            Other Comprehensive Income

  Laporan Perubahan Ekuitas Konsolidasian           4          Consolidated Statements of Changes in Equity

  Laporan Arus Kas Konsolidasian                    5          Consolidated Statements of Cash Flows

  Catatan atas Laporan Keuangan Konsolidasian       6          Notes to Consolidated Financial Statements
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                                                                                                                                 Liana Ramon Xenia & Rekan
                                                                                                                                 Registered Public Accountants
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                                                                                                                                 Email: iddttl@deloitte.com
                                                                                                                                 www.deloitte.com/id

                  Laporan Auditor Independen                                                          Independent Auditor’s Report
 No. 00036/2.1460/AU.1/02/1428-4/1/III/2026                                           No. 00036/2.1460/AU.1/02/1428-4/1/III/2026
 Pemegang Saham, Dewan Komisaris dan Direksi                                          The Shareholders, Board of Commissioners and
                                                                                      Directors
 PT Petrosea Tbk                                                                      PT Petrosea Tbk

 Opini                                                                                Opinion
 Kami telah mengaudit            laporan keuangan                                     We have audited the consolidated financial
 konsolidasian PT Petrosea Tbk dan entitas anak                                       statements of PT Petrosea Tbk and its subsidiaries
 (“Grup”), yang terdiri dari laporan posisi keuangan                                  (the “Group”), which comprise the consolidated
 konsolidasian tanggal 31 Desember 2025, serta                                        statement of financial position as of December 31,
 laporan laba rugi dan penghasilan komprehensif lain                                  2025, and the consolidated statement of profit or
 konsolidasian,     laporan     perubahan     ekuitas                                 loss   and     other    comprehensive      income,
 konsolidasian, dan laporan arus kas konsolidasian                                    consolidated statement of changes in equity, and
 untuk tahun yang berakhir pada tanggal tersebut,                                     consolidated statement of cash flows for the year
 serta catatan atas laporan keuangan konsolidasian,                                   then ended, and notes to the consolidated financial
 termasuk informasi kebijakan akuntansi material.                                     statements, including material accounting policy
                                                                                      information.
 Menurut     opini    kami,    laporan   keuangan                                     In our opinion, the accompanying consolidated
 konsolidasian terlampir menyajikan secara wajar,                                     financial statements present fairly, in all material
 dalam semua hal yang material, posisi keuangan                                       respects, the consolidated financial position of the
 konsolidasian Grup tanggal 31 Desember 2025, serta                                   Group as of December 31, 2025, and its
 kinerja keuangan konsolidasian dan arus kas                                          consolidated financial performance and its
 konsolidasiannya untuk untuk tahun yang berakhir                                     consolidated cash flows for the year then ended, in
 tanggal tersebut, sesuai dengan Standar Akuntansi                                    accordance with Indonesian Financial Accounting
 Keuangan Indonesia.                                                                  Standards.
 Basis Opini                                                                          Basis for Opinion
 Kami melaksanakan audit kami berdasarkan Standar                                     We conducted our audit in accordance with
 Audit yang ditetapkan oleh Institut Akuntan Publik                                   Standards on Auditing established by the Indonesian
 Indonesia. Tanggung jawab kami menurut standar                                       Institute of Certified Public Accountants. Our
 tersebut diuraikan lebih lanjut dalam paragraf                                       responsibilities under those standards are further
 Tanggung Jawab Auditor terhadap Audit atas Laporan                                   described in the Auditor’s Responsibilities for the
 Keuangan Konsolidasian pada laporan kami. Kami                                       Audit of the Consolidated Financial Statements
 independen terhadap Grup berdasarkan ketentuan                                       paragraph of our report. We are independent of the
 etika yang relevan dalam audit kami atas laporan                                     Group in accordance with the ethical requirements
 keuangan konsolidasian di Indonesia, dan kami telah                                  that are relevant to our audit of the consolidated
 memenuhi      tanggung    jawab     etika   lainnya                                  financial statements in Indonesia, and we have
 berdasarkan ketentuan tersebut. Kami yakin bahwa                                     fulfilled our other ethical responsibilities in
 bukti audit yang telah kami peroleh adalah cukup                                     accordance with these requirements. We believe
 dan tepat untuk menyediakan suatu basis bagi opini                                   that the audit evidence we have obtained is
 audit kami.                                                                          sufficient and appropriate to provide a basis for our
                                                                                      opinion.


Liana Ramon Xenia & Rekan
Liana Ramon Xenia & Rekan (“LRX”) is a member (as such term is used in Regulation of the Ministry of Finance Number 186/PMK.01/2021 and Regulation of
the Financial Services Authority Number 9 of 2023 (the “Relevant Law”)) of Deloitte Southeast Asia Limited (“DSEAL”). DSEAL is the registered Foreign Audit
Organisation (“Organisasi Audit Asing” or “OAA”) to LRX for the purposes of the Relevant Law.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively,
the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and
independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable
only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to
learn more.
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Hal Audit Utama                                         Key Audit Matters

Hal audit utama adalah hal-hal yang, menurut            Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal yang       professional judgment, were of most significance in
paling signifikan dalam audit kami atas laporan         our audit of the consolidated financial statements of
keuangan konsolidasian periode kini. Hal-hal            the current period. These matters were addressed in
tersebut disampaikan dalam konteks audit kami atas      the context of our audit of the consolidated financial
laporan     keuangan      konsolidasian      secara     statements as a whole, and in forming our opinion
keseluruhan, dan dalam merumuskan opini kami            thereon, and we do not provide a separate opinion
atas laporan keuangan konsolidasian terkait, kami       on these matters.
tidak menyatakan suatu opini terpisah atas hal audit
utama tersebut.

Penurunan nilai goodwill PTKMS                          Impairment of goodwill PTKMS

Pada tanggal 31 Desember 2025, nilai tercatat           As of December 31, 2025, the carrying amount of
goodwill yang diperoleh dari akusisi PT Kemilau Mulia   goodwill arising from the acquisition of PT Kemilau
Sakti dan entitas anak (PTKMS) adalah sebesar           Mulia Sakti and its subsidiary (PTKMS) amounted to
US$ 18.987 ribu.                                        US$ 18,987 thousand.

Goodwill diisyaratkan untuk penilaian penurunan         Goodwill is required to be assessed for impairment
nilai   setiap   tahun   dan     ketika   keadaan       annually and when circumstances indicate that the
mengindikasikan bahwa nilai tercatat mungkin            carrying value may be impaired. Management
mengalami penurunan nilai. Manajemen melakukan          performed an impairment assessment on goodwill
penilaian atas penurunan nilai goodwill dari akusisi    from the acquisition of PTKMS and determined
PTKMS dan manentukan jumlah perpulihkan                 recoverable amount using the value-in-use (“VIU”)
menggunakan model nilai pakai (“VIU”) dari unit         model of the cash-generating unit (“CGU”). This
penghasil kas (“CGU”). Model tersebut melibatkan        model involves significant judgements and
pertimbangan dan estimasi yang signifikan dari          estimates from management in respect of discount
manajemen sehubungan dengan tingkat diskonto            rate and revenue projection.
dan proyeksi pendapatan.

Mengingat kompleksitas dan sifat penilaian dari         Given the complexity and judgement nature of the
pengujian penurunan nilai, manajemen melibatkan         impairment testing, management engaged an
penilai eksternal independen untuk mengestimasi         independent external valuer to estimate the VIU of
VIU dari CGU.                                           CGU.

Pengungkapan Grup mengenai goodwill dijelaskan          The Group’s disclosures on impairment of goodwill
dalam Catatan 15 atas laporan keuangan                  are set out in Note 15 to the consolidated financial
konsolidasian.                                          statements.

Bagaimana hal ini ditangani dalam audit                 How the matter was addressed in the audit

Kami memperoleh pemahaman dan mengevaluasi              We obtained an understanding and evaluated the
desain dan implementasi dari pengendalian internal      design and implementation of the Group’s relevant
Grup yang relevan sehubungan dengan proses              controls in respect of goodwill impairment
penilaian penurunan nilai goodwill.                     assessment process.

Kami menilai ketepatan identifikasi CGU oleh            We assessed the appropriateness of the
manajemen dan mengevaluasi apakah proses                management’s identification of the CGU and
penilaian penurunan nilai telah diterapkan secara       evaluated whether the impairment assessment
konsisten di seluruh CGU.                               process has been applied consistently across the
                                                        CGU.

Kami menilai kompetensi, kapabilitas, dan               We assessed the competence, capability, and
objektivitas penilai eksternal independen yang          objectivity of the independent external valuer
dilibatkan oleh manajemen.                              engaged by management.
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Kami melibatkan tenaga ahli penilaian internal untuk    We engaged internal valuation expert to assist us in
membantu kami dalam menguji asumsi utama yang           testing certain key assumption used by the
digunakan oleh spesialis manajemen, khususnya           management’s specialist, particularly the discount
tingkat diskonto.                                       rate.

Kami menilai kewajaran proyeksi arus kas dan            We assessed the reasonableness of the cash flow
membandingkan input utama dengan data historis          projection and compared the key inputs against the
dan kinerja Grup. Hal ini mencakup analisis             CGU’s historical data and performance. This
lookback dan memeriksa akurasi matematis dari           included lookback analysis and checked the
perhitungan.                                            mathematical accuracy of the calculation.

Kami menilai apakah keseluruhan VIU berada dalam        We assessed whether the overall VIU is within the
kisaran yang dapat diterima dengan melakukan            acceptable range by performing sensitivity analysis
analisis sensitivitas pada hasil penilaian penurunan    on the results of the management’s impairment
nilai manajemen.                                        assessment.

Kami menilai kesesuaian penyajian dalam laporan         We assessed the appropriateness of the related
keuangan konsolidasian.                                 disclosures in the consolidated financial
                                                        statements.

Akuisisi Grup Hafar                                     Acquisition of Hafar Group

Efektif pada tanggal 31 Agustus 2025, entitas anak      Effective on August 31, 2025, a subsidiary of the
Perusahaan, PT Petrosea Engineering Procurement         Company, PT Petrosea Engineering Procurement
Construction (PEPC), mengakuisisi masing-masing         Construction (PEPC), acquired 51% of PT Hafar
sebesar 51% atas PT Hafar Daya Konstruksi (HDK)         Daya Konstruksi (HDK) and PT Hafar Daya Samudera
dan PT Hafar Daya Samudera dan entitas anak (HDS)       (HDS) and its subsidiary (collectively referred to
(bersama-sama disebut “Grup Hafar”) dengan              “Hafar Group”) for a total purchase price of
jumlah harga pembelian sebesar US$ 24.450 ribu.         US$ 24,450 thousand.

Grup telah melibatkan tenaga ahli penilaian             The Group has engaged external independent
independen eksternal untuk membantu mereka              valuation experts to assist with the Purchase Price
dalam eksekusi Alokasi Harga Beli (“PPA”) atas          Allocation (“PPA”) exercise for the acquisition of
akuisisi Grup Hafar. Pada tanggal akusisi,              Hafar Group. As at acquistion date, gain from the
keuntungan dari pembelian dengan diskon yang            bargain purchase arising from the acquisition and
timbul dari akuisisi dan nilai tercatat aset dan        the related fair value adjustments of the assets
liabilitas terkait telah disesuaikan.                   acquired and liabilities assumed have been
                                                        adjusted accordingly.

Kami fokus pada hal ini karena materialitas secara      We focused on this matter because of the
kuantitatif dari akusisi tersebut dan eksekusi PPA      quantitative materiality of the acquisitions and that
yang melibatkan identifikasi aset dan liabilitas yang   the PPA exercise, which involved the identification
diakusisi serta nilai wajarnya, memerlukan              of the acquired assets and liabilities and their
penggunaan pertimbangan manajemen dan                   respective fair values, requires the use of significant
estimasi yang signifikan. Pertimbangan dan estimasi     management judgement and estimate. The
signifikan yang terlibat dalam eksekusi PPA terutama    significant judgement and estimate involved in the
berkaitan dengan identifikasi dan penilaian wajar       PPA exercise mainly is related to the identification
atas aset yang diakusisi. Oleh karena itu, akusisi      and fair valuation of the acquired assets. As such,
bisnis Grup Hafar telah ditetapkan sebagai hal audit    the business acquisition of Hafar Group has been
utama.                                                  determined as a key audit matter.

Pengungkapan Grup mengenai akusisi Grup Hafar           The Group’s disclosures on the business
disajikan dalam Catatan 39 atas laporan keuangan        combinations acquisition of Hafar Group are set out
konsolidasian.                                          in Note 39 to the consolidated financial statements.
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Bagaimana hal ini ditangani dalam audit                    How the matter was addressed in the audit

Kami memperoleh pemahaman dengan manajemen                 We obtained an understanding with management
terkait dengan bisnis dan rasionalisasi dari akuisisi      related to the business and rationale of the
tersebut.                                                  acquisition.

Kami memperoleh informasi keuangan Grup Hafar              We obtained the financial information of Hafar
dan laporan PPA yang disusun oleh tenaga ahli              Group and PPA report prepared by management’s
penilaian manajemen dan menilai proses                     valuation expert and assessed the identification and
identifikasi serta penentuan nilai wajar atas aset         determination of fair value of the assets required,
yang diperlukan, termasuk aset tak berwujud dan            including intangible assets and liabilities assumed.
liabilitas yang diambil alih.

Kami melakukan diskusi dengan manajemen                    We discussed with management whether there
mengenai kemungkinan adanya aset lain yang dapat           were other identifiable assets acquired and
teridentifkasi yang diperoleh dan liabilitas yang          liabilities assumed but not identified in the related
diambil alih namun tidak diungkapkan dalam                 agreements and due diligence report.
perjanjian terkait maupun laporan due dilligence.

Kami melibatkan tenaga ahli penilaian internal untuk       We engaged internal valuation expert in assisting us
membantu kami dalam mengevaluasi metodologi                to evaluate the management’s external specialist’s
dan asumsi utama penilaian spesialis manajemen             valuation methodologies and key assumptions used
serta input yang digunakan dalam mengukur nilai            in measuring the fair value of the significant assets
wajar atas aset signifikan yang diakuisisi (yaitu, kapal   acquired (i.e., Neptune pipelaying barge) and
pipelaying barge Neptune) dan aset tak berwujud.           intangible assets.

Kami menilai kompetensi, kapabilitas, dan                  We evaluated the competence, capabilities and
objektivitas tenaga ahli eksternal manajemen dan           objectivity of the management experts and our
tenaga ahli internal kami.                                 internal expert.

Kami menguji perhitungan keuntungan dari                   We tested the calculation of gain from bargain
pembelian dengan diskon atas kombinasi bisnis              purchase from the business combination which was
yaitu selisih antara imbalan pembelian dan nilai           the difference between the purchase consideration
wajar aset bersih yang teridentifikasi.                    and fair value of the net identifiable assets.

Kami menilai kesesuaian penyajian dalam laporan            We assessed the appropriateness of the related
keuangan konsolidasian.                                    disclosures in the consolidated financial
                                                           statements.

Informasi Lain                                             Other Information

Manajemen bertanggung jawab atas informasi lain.           Management is responsible for the other
Informasi lain terdiri dari informasi yang tercantum       information. The other information comprises the
dalam laporan tahunan, tetapi tidak mencantumkan           information included in the annual report, but does
laporan keuangan konsolidasian dan laporan auditor         not include the consolidated financial statements
kami. Laporan tahunan diharapkan akan tersedia             and our auditor’s report thereon. The annual report
bagi kami setelah tanggal laporan auditor ini.             is expected to be made available to us after the date
                                                           of this auditor’s report.

Opini kami atas laporan keuangan konsolidasian             Our opinion on the consolidated financial
tidak mencakup informasi lain, dan oleh karena itu,        statements does not cover the other information
kami tidak akan menyatakan bentuk keyakinan                and we will not express any form of assurance
apapun atas informasi lain tersebut.                       conclusion thereon.
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Sehubungan dengan audit kami atas laporan             In connection with our audit of the consolidated
keuangan konsolidasian, tanggung jawab kami           financial statements, our responsibility is to read the
adalah untuk membaca informasi lain yang              other information identified above when it becomes
teridentifikasi di atas, jika tersedia dan, dalam     available and, in doing so, consider whether the
melaksanakannya, mempertimbangkan apakah              other information is materially inconsistent with the
informasi lain mengandung ketidakonsistensian         consolidated financial statements or our knowledge
material dengan laporan keuangan konsolidasian        obtained in the audit, or otherwise appears to be
atau pemahaman yang kami peroleh selama audit,        materially misstated.
atau mengandung kesalahan penyajian material.

Ketika kami membaca laporan tahunan, jika kami        When we read the annual report, if we conclude that
menyimpulkan bahwa terdapat suatu kesalahan           there is a material misstatement therein, we are
penyajian material di dalamnya, kami diharuskan       required to communicate the matter to those
untuk mengomunikasikan hal tersebut kepada pihak      charged with governance and take appropriate
yang bertanggung jawab atas tata kelola dan           actions in accordance with Standards on Auditing
mengambil tindakan yang tepat sesuai dengan           established by the Indonesian Institute of Certified
Standar Audit yang ditetapkan oleh Institut Akuntan   Public Accountants.
Publik Indonesia.

Tanggung Jawab Manajemen dan Pihak yang               Responsibilities of Management and Those
Bertanggung Jawab atas Tata Kelola terhadap           Charged with Governance for the Consolidated
Laporan Keuangan Konsolidasian                        Financial Statements

Manajemen bertanggung jawab atas penyusunan           Management is responsible for the preparation and
dan    penyajian    wajar     laporan     keuangan    fair presentation of the consolidated financial
konsolidasian tersebut sesuai dengan Standar          statements in accordance with Indonesian
Akuntansi Keuangan Indonesia, dan atas                Financial Accounting Standards, and for such
pengendalian internal yang dianggap perlu oleh        internal control as management determines is
manajemen untuk memungkinkan penyusunan               necessary to enable the preparation of consolidated
laporan keuangan konsolidasian yang bebas dari        financial statements that are free from material
kesalahan penyajian material, baik yang disebabkan    misstatement, whether due to fraud or error.
oleh kecurangan maupun kesalahan.

Dalam      penyusunan      laporan     keuangan       In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab            management is responsible for assessing the
untuk    menilai   kemampuan      Grup    dalam       Group’s ability to continue as a going concern,
mempertahankan       kelangsungan     usahanya,       disclosing, as applicable, matters related to going
mengungkapkan, sesuai dengan kondisinya, hal-hal      concern and using the going concern basis of
yang berkaitan dengan kelangsungan usaha, dan         accounting unless management either intends to
menggunakan basis akuntansi kelangsungan usaha,       liquidate the Group or to cease operations, or has no
kecuali manajemen memiliki intensi untuk              realistic alternative but to do so.
melikuidasi Grup atau menghentikan operasi, atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.

Pihak yang bertanggung jawab atas tata kelola         Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses              overseeing the Group’s financial reporting process.
pelaporan keuangan Grup.
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Tanggung Jawab Auditor terhadap Audit atas             Auditor’s Responsibilities for the Audit of the
Laporan Keuangan Konsolidasian                         Consolidated Financial Statements

Tujuan kami adalah untuk memperoleh keyakinan          Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan                about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari            statements as a whole are free from material
kesalahan penyajian material, baik yang disebabkan     misstatement, whether due to fraud or error, and to
oleh kecurangan maupun kesalahan, dan untuk            issue an auditor’s report that includes our opinion.
menerbitkan laporan auditor yang mencakup opini        Reasonable assurance is a high level of assurance,
kami. Keyakinan memadai merupakan suatu tingkat        but is not a guarantee that an audit conducted in
keyakinan tinggi, namun bukan merupakan suatu          accordance with Standards on Auditing will always
jaminan     bahwa      audit    yang    dilaksanakan   detect a material misstatement when it exists.
berdasarkan Standar Audit akan selalu mendeteksi       Misstatements can arise from fraud or error and are
kesalahan penyajian material ketika hal tersebut       considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh         aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap               influence the economic decisions of users taken on
material jika, baik secara individual maupun secara    the basis of these consolidated financial
agregat, dapat diekspektasikan secara wajar akan       statements.
memengaruhi keputusan ekonomi yang diambil oleh
pengguna       berdasarkan      laporan     keuangan
konsolidasian tersebut.

Sebagai bagian dari suatu audit berdasarkan            As part of an audit in accordance with Standards on
Standar Audit, kami menerapkan pertimbangan            Auditing, we exercise professional judgment and
profesional dan mempertahankan skeptisisme             maintain professional skepticism throughout the
profesional selama audit. Kami juga:                   audit. We also:

•   Mengidentifikasi dan menilai risiko kesalahan      •   Identify and assess the risks of material
    penyajian material dalam laporan keuangan              misstatement of the consolidated financial
    konsolidasian, baik yang disebabkan oleh               statements, whether due to fraud or error,
    kecurangan maupun kesalahan, mendesain dan             design and perform audit procedures
    melaksanakan prosedur audit yang responsif             responsive to those risks, and obtain audit
    terhadap risiko tersebut, serta memperoleh             evidence that is sufficient and appropriate to
    bukti audit yang cukup dan tepat untuk                 provide a basis for our opinion. The risk of not
    menyediakan basis bagi opini kami. Risiko tidak        detecting a material misstatement resulting
    terdeteksinya kesalahan penyajian material             from fraud is higher than for one resulting from
    yang disebabkan oleh kecurangan lebih tinggi           error, as fraud may involve collusion, forgery,
    dari yang disebabkan oleh kesalahan, karena            intentional omissions, misrepresentations, or
    kecurangan     dapat    melibatkan      kolusi,        the override of internal control.
    pemalsuan, penghilangan secara sengaja,
    pernyataan     salah,    atau      pengabaian
    pengendalian internal.

•   Memperoleh suatu pemahaman tentang                 •   Obtain an understanding of internal control
    pengendalian internal yang relevan dengan audit        relevant to the audit in order to design audit
    untuk mendesain prosedur audit yang tepat              procedures that are appropriate in the
    sesuai kondisinya, tetapi bukan untuk tujuan           circumstances, but not for the purpose of
    menyatakan     opini    atas     keefektivitasan       expressing an opinion on the effectiveness of
    pengendalian internal Grup.                            the Group’s internal control.

•   Mengevaluasi ketepatan kebijakan akuntansi         •   Evaluate the appropriateness of accounting
    yang digunakan serta kewajaran estimasi                policies used and the reasonableness of
    akuntansi dan pengungkapan terkait yang dibuat         accounting estimates and related disclosures
    oleh manajemen.                                        made by management.
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Liana Ramon Xenia & Rekan
•   Menyimpulkan ketepatan penggunaan basis             •   Conclude on the appropriateness of
    akuntansi kelangsungan usaha oleh manajemen             management's use of the going concern basis of
    dan, berdasarkan bukti audit yang diperoleh,            accounting and, based on the audit evidence
    apakah terdapat suatu ketidakpastian material           obtained, whether a material uncertainty exists
    yang terkait dengan peristiwa atau kondisi yang         related to events or conditions that may cast
    dapat menyebabkan keraguan signifikan atas              significant doubt on the Group's ability to
    kemampuan Grup untuk mempertahankan                     continue as a going concern. If we conclude that
    kelangsungan      usahanya.     Ketika     kami         a material uncertainty exists, we are required to
    menyimpulkan       bahwa     terdapat    suatu          draw attention in our auditor's report to the
    ketidakpastian material, kami diharuskan untuk          related disclosures in the consolidated financial
    menarik perhatian dalam laporan auditor kami            statements or, if such disclosures are
    ke pengungkapan terkait dalam laporan                   inadequate, to modify our opinion. Our
    keuangan       konsolidasian      atau,     jika        conclusions are based on the audit evidence
    pengungkapan tersebut tidak memadai, harus              obtained up to the date of our auditor's report.
    menentukan apakah perlu untuk memodifikasi              However, future events or conditions may cause
    opini kami. Kesimpulan kami didasarkan pada             the Group to cease to continue as a going
    bukti audit yang diperoleh hingga tanggal               concern.
    laporan auditor kami. Namun, peristiwa atau
    kondisi masa depan dapat menyebabkan Grup
    tidak dapat mempertahankan kelangsungan
    usaha.

•   Mengevaluasi penyajian, struktur, dan isi           •   Evaluate the overall presentation, structure and
    laporan keuangan konsolidasian secara                   content of the consolidated financial
    keseluruhan, termasuk pengungkapannya, dan              statements, including the disclosures, and
    apakah laporan keuangan konsolidasian                   whether the consolidated financial statements
    mencerminkan transaksi dan peristiwa yang               represent the underlying transactions and
    mendasarinya dengan suatu cara yang                     events in a manner that achieves fair
    mencapai penyajian wajar.                               presentation.

•   Memperoleh bukti audit yang cukup dan tepat         •   Obtain sufficient appropriate audit evidence
    terkait informasi keuangan entitas atau aktivitas       regarding the financial information of the
    bisnis dalam Grup untuk menyatakan opini atas           entities business activities within the Group to
    laporan      keuangan   konsolidasian.     Kami         express an opinion on the consolidated
    bertanggung jawab atas arahan, supervisi, dan           financial statements. We are responsible for the
    pelaksanaan      audit Grup.      Kami tetap            direction, supervision and performance of the
    bertanggung jawab sepenuhnya atas opini audit           group audit. We remain solely responsible for
    kami.                                                   our audit opinion.

Kami mengomunikasikan kepada pihak yang                 We communicate with those charged with
bertanggung jawab atas tata kelola mengenai,            governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang                planned scope and timing of the audit and
direncanakan atas audit, serta temuan audit             significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan       deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi        during our audit.
oleh kami selama audit.

Kami juga memberikan suatu pernyataan kepada            We also provide those charged with governance with
pihak yang bertanggung jawab atas tata kelola           a statement that we have complied with relevant
bahwa kami telah mematuhi ketentuan etika yang          ethical requirements regarding independence, and
relevan    mengenai      independensi,      dan         to communicate with them all relationships and
mengomunikasikan seluruh hubungan, serta hal-hal        other matters that may reasonably be thought to
lain yang dianggap secara wajar berpengaruh             bear on our independence, and where applicable,
terhadap independensi kami, dan jika relevan,           related safeguards.
pengamanan terkait.
Page 272

          
Page 273
PT PETROSEA Tbk DAN ENTITAS ANAK                                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN                                            CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024                                                                           DECEMBER 31, 2025 AND 2024


                                                31 Desember/               31 Desember/
                                                December 31,    Catatan/   December 31,
                                                    2025         Notes         2024
                                                  US$ '000                   US$ '000

ASET                                                                                      ASSETS

ASET LANCAR                                                                               CURRENT ASSETS
Kas dan setara kas                                    72.032      5a            114.921   Cash and cash equivalents
Rekening bank dibatasi penggunaannya                  26.540      5b              7.739   Restricted cash in banks
Aset keuangan lainnya                                 32.316       6              3.094   Other financial assets
Piutang usaha                                                     7a                      Trade accounts receivable
  Pihak berelasi                                      69.790      40             35.878     Related parties
  Pihak ketiga                                       195.922                    132.044     Third parties
Piutang lain-lain - pihak ketiga                       8.696       7b             1.936   Other accounts receivable - third parties
Persediaan                                            20.783        8            19.319   Inventories
Aset kontrak                                          63.737        9             3.870   Contract assets
Pajak dibayar dimuka                                  45.227      10a            17.359   Prepaid taxes
Klaim pengembalian pajak                               1.667      10b             2.268   Claims for tax refund
Beban dibayar dimuka                                   5.753       11             4.221   Prepaid expenses
Aset lancar lainnya                                   16.412       12            13.549   Other current assets

Jumlah Aset Lancar                                   558.875                    356.198   Total Current Assets

ASET TIDAK LANCAR                                                                         NON-CURRENT ASSETS
Rekening bank dibatasi penggunaannya                   4.719       5b             4.416   Restricted cash in banks
Piutang lain-lain - pihak ketiga                      12.806       7b            13.275   Other accounts receivable - third parties
Pajak dibayar dimuka                                  11.532      10a             7.711   Prepaid taxes
Klaim pengembalian pajak                              23.867      10b               954   Claims for tax refund
Aset tambang                                           4.420                      4.394   Mining properties
Aset tetap                                           730.345      13            330.167   Property, plant and equipment
Aset hak-guna                                         41.425      14             18.627   Right-of-use assets
Goodwill                                              21.395      15             19.768   Goodwill
Aset tak-berwujud - bersih                           134.250      17             98.137   Intangible assets - net
Aset pajak tangguhan                                   2.435      36                201   Deferred tax asset
Investasi pada asosiasi                               13.262      18              1.988   Investments in associates
Aset tidak lancar lainnya                             23.552      12             11.429   Other non-current assets

Jumlah Aset Tidak Lancar                            1.024.008                   511.067   Total Non-current Assets

JUMLAH ASET                                         1.582.883                   867.265   TOTAL ASSETS




Lihat catatan atas laporan keuangan konsolidasian                                         See accompanying notes to consolidated financial
yang merupakan bagian yang tidak terpisahkan                                                    statements which are an integral part of the
dari laporan keuangan konsolidasian.                                                                    consolidated financial statements.




                                                                     1
Page 274
PT PETROSEA Tbk DAN ENTITAS ANAK                                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN                                             CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024 - Lanjutan                                                         DECEMBER 31, 2025 AND 2024 - Continued


                                                31 Desember/                31 Desember/
                                                December 31,     Catatan/   December 31,
                                                    2025          Notes         2024
                                                  US$ '000                    US$ '000

LIABILITAS DAN EKUITAS                                                                      LIABILITIES AND EQUITY

LIABILITAS JANGKA PENDEK                                                                    CURRENT LIABILITIES
Utang bank                                            33.572       19             34.121    Bank loans
Utang usaha                                                        20                       Trade accounts payable
  Pihak berelasi                                       6.574       40              1.664      Related parties
  Pihak ketiga                                       277.067                     118.186      Third parties
Utang lain-lain - pihak ketiga                        13.026                         736    Other accounts payable - third parties
Utang dividen                                            953       29                879    Dividends payable
Utang pajak                                            7.593       21              2.350    Taxes payable
Beban masih harus dibayar                             16.550       22             22.566    Accrued expenses
Liabilitas kontrak                                    21.256       23             20.869    Contract liabilities
Liabilitas jangka panjang yang                                                              Current maturities of long-term
  jatuh tempo dalam satu tahun:                                                               liabilities:
  Liabilitas sewa                                     13.412       24              7.741      Lease liabilities
  Pinjaman jangka panjang - pihak ketiga              47.871       25             13.790      Long-term loans - third parties
  Utang obligasi                                         400       26              3.175      Bonds payable
  Utang sukuk ijarah                                     194       27              2.172      Sukuk ijarah payable

Jumlah Liabilitas Jangka Pendek                      438.468                     228.249    Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                   NON-CURRENT LIABILITIES
Liabilitas jangka panjang - setelah
  dikurangi bagian yang jatuh tempo                                                         Long-term liabilities - net of current
  dalam satu tahun:                                                                           maturities:
  Liabilitas sewa                                     24.116       24             12.960      Lease liabilities
  Pinjaman jangka panjang - pihak ketiga             557.210       25            236.776      Long-term loans - third parties
  Utang obligasi                                     115.540       26             58.396      Bonds payable
  Utang sukuk ijarah                                  57.239       27             28.554      Sukuk ijarah payable
Liabilitas imbalan pasca kerja                        33.750       38             28.278    Employee benefits obligation
Liabilitas pajak tangguhan                            42.346       36             23.987    Deferred tax liabilities
Liabilitas jangka panjang lainnya                      6.756       28                315    Other long-term liabilities

Jumlah Liabilitas Jangka Panjang                     836.957                     389.266    Total Non-current Liabilities

Jumlah Liabilitas                                   1.275.425                    617.515    Total Liabilities

EKUITAS                                                                                     EQUITY
Modal saham - nilai nominal Rp 5 per saham                                                  Capital stock - Rp 5 par value per share
  Modal dasar - 4.034.420.000 saham                                                           Authorized - 4,034,420,000 shares
  Modal ditempatkan dan disetor -                                                             Subscribed and paid-up -
    10.086.050.000 saham pada                                                                    10,086,050,000 shares
    31 Desember 2025                                                                             as of December 31, 2025
    (31 Desember 2024: 1.008.605.000 saham)            33.438      29a            33.438         (December 31, 2024: 1,008,605,000 shares)
Tambahan modal disetor                                  1.840      29a             1.840    Additional paid-in capital
Penghasilan komprehensif lain                         (10.281)                    (5.125)   Other comprehensive income
Saldo laba                                                                                  Retained earnings
  Ditentukan penggunaannya                             1.475       29a             1.475      Appropriated
  Tidak ditentukan penggunaannya                     236.051                     217.243      Unappropriated

Ekuitas yang dapat diatribusikan kepada
  pemilik Entitas Induk                              262.523                     248.871    Equity attributable to owners of the Company
Kepentingan nonpengendali                             44.935       29b               879    Non-controlling interests

Jumlah Ekuitas                                       307.458                     249.750    Total Equity

JUMLAH LIABILITAS DAN EKUITAS                       1.582.883                    867.265    TOTAL LIABILITIES AND EQUITY



Lihat catatan atas laporan keuangan konsolidasian                                           See accompanying notes to consolidated financial
yang merupakan bagian yang tidak terpisahkan                                                      statements which are an integral part of the
dari laporan keuangan konsolidasian.                                                                      consolidated financial statements.




                                                                      2
Page 275
PT PETROSEA Tbk DAN ENTITAS ANAK                                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN                                                  CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN                                                              AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                          FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                           DECEMBER 31, 2025 AND 2024


                                                                  Catatan/
                                                     2025          Notes      2024
                                                    US$ '000                 US$ '000

PENDAPATAN                                             886.459      30          690.811    REVENUES

BEBAN USAHA LANGSUNG                                  (774.234)     31         (600.522)   DIRECT COSTS

LABA KOTOR                                             112.225                   90.289    GROSS PROFIT

Beban penjualan dan administrasi                       (44.757)    32,33        (51.627)   Selling and administration expenses
Beban bunga dan keuangan                               (55.699)     34          (25.897)   Interest expenses and finance charges
Penghasilan bunga                                        2.706                    1.015    Interest income
Beban pajak final                                       (9.742)                  (9.716)   Final tax expense
Keuntungan dan kerugian lain-lain - bersih              34.545      35            3.804    Other gains and losses - net

Jumlah                                                 (72.947)                 (82.421)   Total

LABA SEBELUM PAJAK                                      39.278                    7.868    PROFIT BEFORE TAX

BEBAN PAJAK PENGHASILAN - BERSIH                        (4.272)     36            2.084    INCOME TAX EXPENSE - NET

LABA BERSIH TAHUN BERJALAN                              35.006                    9.952    NET PROFIT FOR THE YEAR

PENGHASILAN (RUGI) KOMPREHENSIF LAIN -                                                     OTHER COMPREHENSIVE INCOME (LOSS) -
  SETELAH PAJAK                                                                               NET OF TAX
                                                                                           Item that will not be reclassified subsequently
Pos yang tidak akan direklasifikasi ke laba rugi:                                             to profit or loss:
  Pengukuran kembali atas liabilitas imbalan                                                  Remeasurement of defined benefits
     pasti - setelah pajak                              (1.136)                   1.838          obligation - net of tax
                                                                                           Items that may be reclassified subsequently
Pos-pos yang akan direklasifikasi ke laba rugi:                                               to profit or loss:
  Selisih kurs penjabaran laporan keuangan                                                    Exchange differences on foreign currency
     dalam mata uang asing                              (4.020)                  (2.876)         currency translation adjustment

Jumlah rugi komprehensif lain                                                              Total other comprehensive loss
  pada tahun berjalan - setelah pajak                   (5.156)                  (1.038)     for the year - net of tax

JUMLAH PENGHASILAN KOMPREHENSIF                                                            TOTAL COMPREHENSIVE INCOME
  TAHUN BERJALAN                                        29.850                    8.914      FOR THE YEAR

LABA YANG DAPAT DIATRIBUSIKAN KEPADA:                                                      PROFIT ATTRIBUTABLE TO:
  Pemilik Entitas Induk                                 28.808                    9.699      Owners of the Company
  Kepentingan nonpengendali                              6.198      29b             253      Non-controlling interests

Jumlah laba bersih pada tahun berjalan                  35.006                    9.952    Net profit for the year

JUMLAH PENGHASILAN KOMPREHENSIF                                                            TOTAL COMPREHENSIVE INCOME
  YANG DAPAT DIATRIBUSIKAN KEPADA:                                                           ATTRIBUTABLE TO:
  Pemilik Entitas Induk                                 23.652                    8.661      Owners of the Company
  Kepentingan Nonpengendali                              6.198      29b             253      Non-controlling interests

Jumlah penghasilan komprehensif                                                            Total comprehensive income
  tahun berjalan                                        29.850                    8.914      for the year

Laba per saham dasar *)                                                                    Basic earnings per share *)
  (dalam US$ penuh)                                     0,0029      37           0,0010      (in full US$)

*) Dihitung berdasarkan jumlah saham                                                       *) Calculated based on number of shares
  setelah stock split yang berlaku efektif                                                    after stock split that is effective
  pada 7 Januari 2025 (Catatan 37)                                                            January 7, 2025 (Note 37)

Lihat catatan atas laporan keuangan konsolidasian                                          See accompanying notes to consolidated financial
yang merupakan bagian yang tidak terpisahkan                                                     statements which are an integral part of the
dari laporan keuangan konsolidasian.                                                                     consolidated financial statements.




                                                                     3
Page 276
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                                                                                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                                              CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                                                              FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                                                                                                                                               DECEMBER 31, 2025 AND 2024


                                                                                                   Penghasilan komprehensif lain/                                          Ekuitas yang
                                                                                                    Other comprehensive income                                                  dapat
                                                                                                  Pengukuran             Selisih                                            diatribusikan
                                                                                                kembali imbalan      penjabaran                                           kepada pemilik
                                                                   Tambahan                       pasca kerja/          laporan                                            Entitas Induk/
                                                     Modal        modal disetor/    Saham       Remeasurement         keuangan/        Saldo laba/ Retained earnings           Equity         Kepentingan         Jumlah
                                                    disetor/       Additional       treasuri/      of defined     Foreign currency     Ditentukan      Tidak ditentukan    attributable to   Nonpengendali/       ekuitas/
                                       Catatan/     Paid-up          paid-in       Treasury         benefits          translation    penggunaannya/ penggunaannya/           owners of       Non-controlling       Total
                                        Notes     capital stock      capital         shares        obligation        adjustment       Appropriated      Unappropriated     the Company         interests           equity
                                                   US$ '000         US$ '000       US$ '000        US$ '000            US$ '000         US$ '000           US$ '000           US$ '000         US$ '000           US$ '000

Saldo 1 Januari 2024                                   33.438           (4.602)       (2.033)           (1.678)            (2.409)            1.475           210.594           234.785                 845        235.630      Balance as of January 1, 2024

Laba bersih tahun berjalan                                    -               -            -                  -                  -                -             9.699             9.699                 253           9.952     Net profit for the year

Penghasilan komprehensif lain -                                                                                                                                                                                                 Other comprehensive income -
  setelah pajak:                                                                                                                                                                                                                  net of tax:
  Pengukuran kembali atas                                                                                                                                                                                                         Remeasurements of defined
    liabilitas imbalan pasti                                  -               -            -             1.838                   -                -                  -            1.838                    -          1.838         benefits obligation
  Selisih kurs penjabaran laporan                                                                                                                                                                                                 Exchange differences on
    keuangan dalam mata uang                                                                                                                                                                                                        foreign currency translation
    asing                                                     -               -            -                  -            (2.876)                -                  -            (2.876)                  -         (2.876)        adjustment

Jumlah penghasilan komprehensif                               -               -            -             1.838             (2.876)                -             9.699             8.661                 253           8.914     Total comprehensive income

Additional paid-in capital                                    -          6.442             -                  -                  -                -                  -            6.442                    -          6.442     Additional paid-in capital

Saham treasuri                           29a                  -               -       2.033                   -                  -                -                  -            2.033                    -          2.033     Treasury shares

Dividen                                  29a                  -               -            -                  -                  -                -             (3.050)           (3.050)              (219)         (3.269)    Dividends

Saldo per 31 Desember 2024                             33.438            1.840             -               160             (5.285)            1.475           217.243           248.871                 879        249.750      Balance as of December 31, 2024

Laba bersih tahun berjalan                                    -               -            -                  -                  -                -            28.808            28.808               6.198          35.006     Net profit for the year

Penghasilan komprehensif lain -                                                                                                                                                                                                 Other comprehensive income -
  setelah pajak:                                                                                                                                                                                                                  net of tax:
  Pengukuran kembali atas liabilitas                                                                                                                                                                                              Remeasurements of defined benefits
    imbalan pasti                                             -               -            -            (1.136)                  -                -                  -            (1.136)                  -         (1.136)        obligation
  Selisih kurs penjabaran laporan                                                                                                                                                                                                 Exchange differences on
    keuangan dalam mata uang                                                                                                                                                                                                        foreign currency translation
    asing                                                     -               -            -                  -            (4.020)                -                  -            (4.020)                  -         (4.020)        adjustment

Jumlah penghasilan komprehensif                               -               -            -            (1.136)            (4.020)                -            28.808            23.652               6.198          29.850     Total comprehensive income

Kepentingan nonpengendali dari                                                                                                                                                                                                  Non-controlling interest from
  akuisisi entitas anak                  29b                  -               -            -                  -                  -                -                  -                  -            38.058          38.058      acquisition of subsidiaries

Dividen                                  29a                  -               -            -                  -                  -                -           (10.000)          (10.000)               (200)        (10.200)    Dividends
Saldo per 31 Desember 2025                             33.438            1.840             -              (976)            (9.305)            1.475           236.051           262.523              44.935        307.458      Balance as of December 31, 2025


Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian                                                                                                                             See accompanying notes to consolidated financial statements
yang tidak terpisahkan dari laporan keuangan konsolidasian.                                                                                                                                     which are an integral part of the consolidated financial statements.




                                                                                                                               4
Page 277
PT PETROSEA Tbk DAN ENTITAS ANAK                                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN                                                             CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                              FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                                DECEMBER 31, 2025 AND 2024


                                                                  Catatan/
                                                     2025          Notes      2024
                                                    US$ '000                 US$ '000
ARUS KAS DARI AKTIVITAS OPERASI                                                            CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan kas dari pelanggan                          726.893                  706.478    Cash received from customers
Pembayaran kas kepada pemasok                         (445.601)                (487.540)   Cash paid to suppliers
Pembayaran kas kepada karyawan                        (159.857)                (146.318)   Cash paid to employees

Kas dihasilkan dari operasi                            121.435                   72.620    Cash generated from operations

Penerimaan pengembalian pajak                            3.200                        -    Receipt of tax refunds
Penerimaan bunga                                         2.706                    1.015    Interest received
Pembayaran bunga dan beban keuangan                    (55.699)                 (25.903)   Payment of interest and finance charges
Pembayaran pajak penghasilan dan pajak
  lainnya                                              (23.487)                 (19.796)   Payment of income taxes and other taxes

Kas Bersih Diperoleh dari Aktivitas Operasi             48.155                   27.936    Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                          CASH FLOWS FROM INVESTING ACTIVITIES
Pencairan aset keuangan lainnya                          2.998                        -    Withdrawal in other financial assets
Pembelian aset tetap                                  (415.086)    13,45       (117.634)   Acquisitions of property, plant and equipment
Penempatan rekening bank dibatasi
  penggunaannya                                              -      5b           (3.696)   Placement of restricted cash in banks
Akuisisi entitas anak                                  (34.752)     39                -    Acquisition of subsidiaries
Penempatan aset keuangan                               (15.786)                  (2.680)   Placement in other financial assets
Pembayaran aset eksplorasi dan evaluasi                                                    Payment for exploration and evaluation assets
  dan properti pertambangan                            (15.083)                  (4.126)     and mining property
Penempatan investasi entitas asosiasi                  (13.228)                       -    Placement of investment in associate
Perolehan aset tak-berwujud                             (4.086)     17           (1.418)   Acquisitions of intangible assets
Hasil penjualan aset tetap                                   -      13               89    Proceeds from sale property, plant and equipment

Kas Bersih Digunakan untuk Aktivitas Investasi        (495.023)                (129.465)   Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN                                                          CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan dari pinjaman jangka panjang -
  pihak ketiga                                         360.621      25          254.603    Proceeds from long-term loan - third parties
Penerimaan dari pinjaman bank                          106.238      19           59.000    Proceeds from bank loans
Penerimaan dari utang obligasi                          59.587      26           61.564    Proceeds from bonds payable
Penerimaan dari utang sukuk ijarah                      29.794      27           30.790    Proceeds from sukuk ijarah payable
Penerimaan dari transaksi jual dan sewa balik           21.679      24            4.337    Proceeds from sale and lease back
Pembayaran pinjaman bank                              (106.797)     19          (62.000)   Payment of bank loans
Pembayaran pinjaman jangka panjang -
  pihak ketiga                                         (24.696)     25         (192.384)   Payment of long-term loan - third parties
Penempatan rekening bank dibatasi
  penggunaannya                                        (18.801)     5b           (4.911)   Placement of restricted cash in banks
Pembayaran dividen oleh Perusahaan                      (9.926)     29           (3.099)   Payment of dividends by the Company
Pembayaran liabilitas sewa                              (5.080)     24          (10.002)   Payment of lease liabilities
Pembayaran utang obligasi                               (2.801)     26                -    Payment of bonds payable
Pembayaran utang sukuk ijarah                           (1.966)     27                -    Payment of sukuk ijarah payable
Pembayaran dividen entitas anak                           (200)                    (219)   Payment of dividends by subsidiaries
Penerimaan dari penjualan saham treasuri                     -      29            8.475    Proceeds from sale of treasury stocks

Kas Bersih Diperoleh dari Aktivitas Pendanaan          407.652                  146.154    Net Cash Provided by Financing Activities

(PENURUNAN) KENAIKAN BERSIH KAS                                                            NET (DECREASE) INCREASE IN CASH
  DAN SETARA KAS                                       (39.216)                  44.625     AND CASH EQUIVALENTS

                                                                                           CASH AND CASH EQUIVALENTS AT BEGINNING
KAS DAN SETARA KAS AWAL TAHUN                          114.921      5a           72.987     OF THE YEAR

Pengaruh perubahan kurs valuta asing atas                                                  Effect of changes in foreign exchange rate on
  kas dan setara kas                                    (3.673)                  (2.691)     cash and cash equivalents

                                                                                           CASH AND CASH EQUIVALENTS AT END
KAS DAN SETARA KAS AKHIR TAHUN                          72.032      5a          114.921     OF THE YEAR


Lihat catatan atas laporan keuangan konsolidasian                                            See accompanying notes to consolidated financial
yang merupakan bagian yang tidak terpisahkan                                                       statements which are an integral part of the
dari laporan keuangan konsolidasian.                                                                       consolidated financial statements.


                                                                         5
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024

1.   UMUM                                                         1.   GENERAL

     a.   Pendirian dan Informasi Umum                                 a.   Establishment and General Information

          PT Petrosea Tbk (“Perusahaan”) didirikan                          PT Petrosea Tbk (the “Company”) was
          berdasarkan     Akta    No.     75     tertanggal                 established under Deed No. 75 dated
          21 Februari 1972 dibuat oleh Djojo Muljadi, S.H.,                 February 21, 1972 made by Djojo Muljadi, S.H.,
          Notaris di Jakarta, berdasarkan ketentuan                         Notary in Jakarta, within the framework of the
          Undang-Undang Penanaman Modal Asing tahun                         Foreign Capital Investment Law of 1967. The
          1967. Akta pendirian ini disahkan oleh Menteri                    deed of establishment was approved by the
          Kehakiman       dalam      surat      keputusan                   Minister of Justice in his decision letter
          No. Y.A.5/51/17 tanggal 30 November 1972 dan                      No. Y.A.5/51/17, dated November 30, 1972,
          diumumkan dalam Berita Negara No. 12                              and was published in State Gazette No. 12
          Tambahan No. 96 tanggal 9 Februari 1973.                          Supplement No. 96, dated February 9, 1973.
          Anggaran dasar Perusahaan telah mengalami                         The articles of association have been amended
          beberapa kali perubahan, perubahan terakhir                       several times, the latest amendment to the
          anggaran dasar Perusahaan berdasarkan Akta                        Company's articles of association based on
          No. 4 tertanggal 19 Mei 2025 yang dibuat di                       Deed No. 4 dated May 19, 2025 made before
          hadapan Shanti Indah Lestari, S.H., M.Kn, Notaris                 Shanti Indah Lestari, S.H., M.Kn, Notary in
          di Kabupaten Tangerang dan atas perubahan                         Tangerang Regency and the amendment to the
          anggaran dasar tersebut telah diterima dan                        articles of association has been received and
          dicatat di dalam Sistem Administrasi Badan                        recorded in the Legal Entity Administration
          Hukum berdasarkan Surat Kementerian Hukum                         System based on the Letter from the Ministry of
          Republik    Indonesia    perihal     Penerimaan                   Law of the Republic of Indonesia regarding the
          Pemberitahuan dan Perubahan Anggaran                              Receipt of Notification and Amendment to the
          Dasar No. AHU-AH.01.09-0299482 tanggal                            Articles of No. AHU-AH.01.09-0299482 dated
          18 Juni 2025 terkait dengan perubahan alamat                      June 18, 2025 related to changes in the
          lengkap Perusahaan.                                               Company's full address.

          Susunan Direksi dan Dewan Komisaris terakhir                      The latest composition of the Board of Directors
          termuat dalam Akta Notaris No. 5 tertanggal                       and Board of Commissioner is stated in Deed
          21 April 2025 yang dibuat oleh Shanti Indah                       No. 5 dated April 21, 2025 made before Shanti
          Lestari, S.H., M.Kn., Notaris di Kabupaten                        Indah Lestari, S.H. M.Kn., Notary in Tangerang
          Tangerang, dan telah disimpan dalam Sistem                        Regency, which have been recorded in Legal
          Administrasi Badan Hukum berdasarkan Surat                        Entity Administration System as per Letter
          Kementerian Hukum Republik Indonesia perihal                      from the Ministry of Law of the Republic of
          Penerimaan Pemberitahuan dan Perubahan                            Indonesia     regarding     the   Receipt     of
          Anggaran Dasar No. AHU-AH.01.09-0214518                           Notification and Amendment to the Articles of
          tanggal 30 April 2025.                                            No.        AHU-AH.01.09-0214518           dated
                                                                            April 30, 2025.

          Kantor pusat Perusahaan berlokasi di Wisma                        The Company's head office is located at Wisma
          Barito Pacific, JI. Let. Jend. S. Parman Kav. 62-                 Barito Pacific, JI. Let. Jend. S. Parman Kav. 62-
          63, Desa/Kelurahan Slipi, Kec. Palmerah, Kota                     63, Desa/Kelurahan Slipi, Kec. Palmerah, Kota
          Adm. Jakarta Barat, Provinsi DKI Jakarta, 11410                   Adm. Jakarta Barat, Provinsi DKI Jakarta,
          Indonesia dan memiliki kantor pendukung di                        11410 Indonesia and its support offices are
          Jl. KM 5,5 Kariangau, RT 14, Kel. Kariangau                       located in Jl. KM 5.5 Kariangau, RT 14,
          Balikpapan Barat, Kalimantan Timur serta di                       Kel. Kariangau, West Balikpapan, East
          Jl.   Poros Pengalengan RT 04/RW 02,                              Kalimantan and in Jl. Poros Pengalengan
          Kel. Klabinain Distrik Aimas, Kabupaten Sorong,                   RT 04/RW 02, Kel. Klabinain Distrik Aimas,
          Papua Barat.                                                      Kabupaten Sorong, West Papua.

          Sesuai dengan Pasal 3 Anggaran Dasar                              In accordance with Article 3 of the Company’s
          Perusahaan, ruang lingkup kegiatan Perusahaan                     Articles of Association, the scope of its activities
          meliputi bidang konstruksi, pertambangan dan                      includes construction, mining and quarrying,
          penggalian, industri pengolahan, perdagangan,                     processing industry, trading, transportation and
          pengangkutan dan pergudangan, informasi dan                       warehousing, information and communication,
          komunikasi, aktivitas profesional, ilmiah dan                     professional, scientific and technical activities,
          teknis, aktivitas penyewaan, dan sewa guna                        leasing and leasing activities without option
          usaha tanpa hak opsi, ketenagakerjaan, serta                      rights, employment, and education.
          pendidikan.




                                                              6
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PT PETROSEA Tbk DAN ENTITAS ANAK                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                              – Continued

      Perusahaan mulai beroperasi secara komersial            The Company started its commercial
      pada tahun 1972. Saat ini, kegiatan Perusahaan          operations in 1972. Currently, the Company's
      terutama dalam bidang aktivitas penunjang               activities mainly comprise of mining activities
      pertambangan dan penggalian, reparasi mesin,            and other quarrying, machinery repairments,
      konstruksi gedung,        bangunan pelabuhan,           building, port building, civil building and road
      bangunan sipil dan jalan, instalasi konstruksi,         constructions, construction installations, sea
      aktivitas pelayanan kepelabuhan laut, aktivitas         port services, management consultancy
      konsultasi manajemen, aktivitas penyewaan,              activities, leasing activities, provision and
      penyedia dan fungsi manajemen sumber daya               management function of human resources,
      manusia, penyiapan lahan, instalasi listrik, dan        land preparation, electrical installation, and
      pelatihan kerja teknik yang berlokasi di beberapa       technical job training located in several cities in
      kota di Indonesia, seperti Kalimantan, Sulawesi,        Indonesia, such as Kalimantan, Sulawesi,
      Sumatera dan Papua, dan di luar Indonesia, yaitu        Sumatera and Papua, and outside Indonesia,
      Australia, Papua Nugini, Singapura dan Pakistan.        which is Australia, Papua New Guinean,
                                                              Singapore and Pakistan.

      Perusahaan dan entitas anak (secara bersama-            The Company and its subsidiaries (collectively
      sama disebut sebagai “Grup”) mempunyai                  referred to as the “Group”) had total number
      13.690 karyawan (termasuk 7.590 karyawan                of     employees    of   13,690     (including
      tidak tetap) (tidak diaudit) pada tanggal               7,590 non-permanent employees) (unaudited)
      31 Desember 2025 (2024: 7.610 karyawan                  as of December 31, 2025 (2024: 7,610
      (termasuk 3.609 karyawan tidak tetap) (tidak            (including 3,609 non-permanent employees)
      diaudit)).                                              (unaudited)).

      Berdasarkan surat No. 31/V/PMDN/2009 dari               Based on letter No. 31/V/PMDN/2009 of
      Badan Koordinasi Penanaman Modal (”BKPM”)               Investment Coordinating Board (“BKPM”) dated
      tanggal 23 Juni 2009, status Perusahaan berubah         June 23, 2009, the Company’s status is
      menjadi penanaman modal dalam negeri efektif            changed to a domestic capital investment
      mulai tanggal tersebut. Berdasarkan Akta No. 57         effective from such date. In accordance with
      tanggal 27 Mei 2009, Perusahaan tergabung               Deed No. 57 dated May 27, 2009, the Company
      dalam kelompok usaha PT Indika Energy Tbk.              is one of the Group of companies owned by
      Pada tanggal 28 Juli 2022, PT Indika Energy Tbk         PT Indika Energy Tbk. On July 28, 2022,
      telah mengalihkan kepemilikannya kepada                 PT Indika Energy Tbk has transferred the
      PT Caraka Reksa Optima (CARA).                          ownership to PT Caraka Reksa Optima
                                                              (CARA).

      Pada tanggal 16 Februari 2024, merujuk pada             On February 16, 2024, referring to the
      surat pemberitahuan dari PT Kreasi Jasa Persada         notification letter from PT Kreasi Jasa Persada
      (KJP), entitas anak langsung yang dikendalikan          (KJP), direct subsidiary controlled and owned
      dan dimiliki sebesar 99,98% oleh PT Petrindo            99.98% by PT Petrindo Jaya Kreasi Tbk
      Jaya Kreasi Tbk (CUAN), kepada Perusahaan,              (CUAN), to the Company, KJP has completed
      KJP telah menyelesaikan pengambilalihan atas            the acquisition of 342,925,700 shares
      342.925.700 lembar saham (mewakili 34% dari             (represents 34% from the total issued and paid
      keseluruhan modal disetor dan ditempatkan               up capital in the Company) which is owned by
      Perusahaan) yang dimiliki CARA.                         CARA.

      Pada tanggal 7 Juni 2024, KJP telah menambah            On June 7, 2024, KJP increased its ownership
      kepemilikan saham sebanyak 75.836.700 saham             by 75,836,700 shares, which represents 7.5%
      yang mewakili 7,5% dari modal disetor dan               of the Company’s paid-up and issued capital, as
      ditempatkan Perusahaan, yang merupakan hasil            a result of divestment carried out by CARA.
      divestasi yang dilakukan oleh CARA. Sehingga,           Therefore, the share ownership of KJP in the
      kepemilikan saham KJP di Perusahaan adalah              Company amounts to 41.52%.
      sebesar 41,52%.

      Pada tanggal 3 Maret 2025, KJP telah menambah           On March 12, 2025, KJP increased its share
      kepemilikan saham sebanyak 39.718.000 saham.            ownership by 39,718,000 shares. As a result,
      Sehingga, kepemilikan saham KJP di Perusahaan           KJP's share ownership in the Company is
      adalah sebesar 41,91%.                                  41.91%.

      Pada tanggal 6 Maret 2025, KJP telah menambah           On March 12, 2025, KJP increased its share
      kepemilikan saham sebanyak 48.545.800 saham.            ownership by 48,545.800 shares. As a result,
      Sehingga, kepemilikan saham KJP di Perusahaan           KJP's share ownership in the Company is
      adalah sebesar 42,39%.                                  42.39%.



                                                          7
Page 280
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                  – Continued

      Pada tanggal 10 Maret 2025, KJP telah                                                      On March 12, 2025, KJP increased its share
      menambah kepemilikan saham sebanyak                                                        ownership by 8,269,900 shares. As a result,
      8.269.900 saham. Sehingga, kepemilikan saham                                               KJP's share ownership in the Company is
      KJP di Perusahaan adalah sebesar 42,48%.                                                   42.48%.

      Pada tanggal 12 Maret 2025, KJP telah                                                      On March 12, 2025, KJP increased its share
      menambah kepemilikan saham sebanyak                                                        ownership by 105,223,100 shares. As a result,
      105.223.100 saham. Sehingga, kepemilikan                                                   KJP's share ownership in the Company is
      saham KJP di Perusahaan adalah sebesar                                                     43.52%.
      43,52%.

      Pada tanggal 17 Maret 2025, KJP telah                                                      On March 18, 2025, KJP increased its share
      menambah kepemilikan saham sebanyak                                                        ownership by 72,104,600 shares. As a result,
      72.104.600 saham. Sehingga, kepemilikan                                                    KJP's share ownership in the Company is
      saham KJP di Perusahaan adalah sebesar                                                     44.23%.
      44,23%.

      Pada tanggal 18 Maret 2025, KJP telah                                                      On March 18, 2025, KJP increased its share
      menambah kepemilikan saham sebanyak                                                        ownership by 15,197,600 shares. As a result,
      15.197.600 saham. Sehingga, kepemilikan                                                    KJP's share ownership in the Company is
      saham KJP di Perusahaan adalah sebesar                                                     44.38%.
      44,38%.

      Pada tanggal 24 Juni 2025, KJP telah menambah                                              On June 24, 2025, KJP increased its share
      kepemilikan saham sebanyak 91.000.000 saham.                                               ownership by 91,000,000 shares. As a result,
      Sehingga, kepemilikan saham KJP di Perusahaan                                              KJP's share ownership in the Company is
      adalah sebesar 45,29%.                                                                     45.29%.

      Pada tanggal 24 Juli 2025, KJP telah menambah                                              On July 24, 2025, KJP increased its share
      kepemilikan saham sebanyak 2.599.400 saham.                                                ownership by 2,599,400 shares. As a result,
      Sehingga, kepemilikan saham KJP di Perusahaan                                              KJP's share ownership in the Company is
      adalah sebesar 45,31%.                                                                     45.31%.

      Pada tanggal 28 Oktober 2025, KJP telah                                                    On October 28, 2025, KJP increased its share
      menambah kepemilikan saham sebanyak                                                        ownership by 1,529,300 shares. As a result,
      1.529.300 saham. Sehingga, kepemilikan saham                                               KJP's share ownership in the Company is
      KJP di Perusahaan adalah sebesar 45,33%.                                                   45.33%.

      Susunan Dewan Komisaris, Direksi, dan Komite                                               The Board of Commissioners, Directors, and
      Audit Perusahaan adalah sebagai berikut:                                                   Audit Committee of the Company consisted of
                                                                                                 the following:
                                              31 Desember 2025/ December 31, 2025     31 Desember 2024/ December 31, 2024

       Presiden Komisaris                 :               Osman Sitorus                           Osman Sitorus               : President Commissioner

       Komisaris Independen               :               Osman Sitorus                           Osman Sitorus               : Independent Commissioner
                                               Setia Untung Arimuladi, S.H., M.Hum.    Setia Untung Arimuladi, S.H., M.Hum.

       Komisaris                          :        Prof. Ginandjar Kartasasmita            Prof. Ginandjar Kartasasmita       : Commissioners
                                                   Djauhar Maulidi, S.E., M.B.A.           Djauhar Maulidi, S.E., M.B.A.
                                                           Erwin Ciputra                           Erwin Ciputra
                                                 Jendral Polisi (Purn) Drs. Sutanto      Jendral Polisi (Purn) Drs. Sutanto

       Presiden Direktur                  :                   Michael                                 Michael                 : President Director

       Direktur                           :             Kartika Hendrawan                       Kartika Hendrawan             : Director
       Direktur Keuangan                  :              Ruddy Santoso                           Ruddy Santoso                : Finance Director
       Direktur                           :             Meinar Kusumastuti                      Meinar Kusumastuti            : Director
       Direktur                           :            Iman Darus Hikhman                      Iman Darus Hikhman             : Director

       Komite Audit, Risiko & Kepatuhan                                                                                         The Audit, Risk & Compliance Committee

       Ketua                              :    Setia Untung Arimuladi, S.H., M.Hum.              Osman Sitorus                : Chairman
       Anggota                            :               Sahat Pardede                          Sahat Pardede                : Members
                                                     M. Oka Lesmana Firdauzi                M. Oka Lesmana Firdauzi
                                                    Madelin A. Hardjapamekas                Madelin A. Hardjapamekas

       Sekretaris Perusahaan              :                 Anto Broto                              Anto Broto                : Corporate Secretary

       Audit Internal                     :        Muhammad Faisal Erlantara               Muhammad Faisal Erlantara          : Internal Audit




                                                                                  8
Page 281
PT PETROSEA Tbk DAN ENTITAS ANAK                                   PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                    FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                   – Continued

   b.   Penawaran Saham Perusahaan                            b.   Public Offering of Shares of the Company

        Pada tanggal 21 Mei 1990, Perusahaan                       On May 21, 1990, the Company obtained an
        memperoleh pernyataan efektif untuk melakukan              effective statement to offer 4,500,000 of the
        penawaran umum perdana atas 4.500.000 saham                13,500,000 issued shares to the public in initial
        dari 13.500.000 saham yang ditempatkan dengan              public offering with a par value of
        nilai nominal Rp 1.000 per saham. Selanjutnya,             Rp 1,000 per share. Since then, a 1:1 share
        Perusahaan menerbitkan saham bonus dengan                  bonus in November 1994, a 9:10 share bonus
        perbandingan 1:1 pada bulan November 1994,                 in March 1998 and a stock split in 1998 have
        saham bonus dengan perbandingan 9:10 pada                  resulted in an increase of issued shares to
        bulan Maret 1998 dan melakukan pemecahan                   102,600,000 with a par value of Rp 500 per
        saham pada tahun 1998, sehingga jumlah saham               share.
        diterbitkan meningkat menjadi 102.600.000
        saham dengan nilai nominal Rp 500 per saham.

        Pada tahun 2009, Perusahaan mengurangi                     In 2009, the Company reduced its issued capital
        jumlah saham beredar melalui pembelian kembali             stock by 1,739,500 shares through the share
        saham sebanyak 1.739.500 lembar.                           buyback.

        Pada bulan Februari 2012, Perusahaan                       In February 2012, the Company changed the
        melakukan pemecahan nilai nominal saham dari               par value from Rp 500 to Rp 50 per share, thus
        semula sebesar Rp 500 menjadi sebesar Rp 50                increasing the number of issued and paid-up
        per saham, sehingga jumlah modal ditempatkan               capital stocks from 100,860,500 shares to
        dan disetor meningkat dari 100.860.500 lembar              1,008,605,000 shares.
        saham menjadi 1.008.605.000 lembar saham.

        Pada tahun 2020, Perusahaan mengurangi                     In 2020, the Company reduced its issued capital
        jumlah saham beredar melalui pembelian kembali             stock by 16,940,500 shares through the share
        saham sebanyak 16.940.500 lembar saham                     buyback (Note 29a).
        (Catatan 29a).

        Selama periode dari tanggal 15 Mei 2024 sampai             During the period from May 15, 2024 to
        dengan 4 Juni 2024, Perusahaan melakukan                   June 4, 2024, the Company transferred
        pengalihan saham hasil buyback (saham treasuri)            16,940,500 shares resulting from the buyback
        sebanyak 16.940.500 saham kepada masyarakat                (treasury shares) to the public to support the
        untuk   mendukung      likuiditas  Perusahaan.             Company’s liquidity. The gains from the transfer
        Keuntungan dari jumlah pengalihan saham hasil              of shares resulting from a buyback are
        buyback disajikan dalam ekuitas sebagai                    presented in equity as additional paid-in capital.
        tambahan modal di setor.

        Berdasarkan akta Rapat Umum Pemegang                       Based on Extraordinary General Meeting
        Saham Luar Biasa (“RUPSLB”) No. 1 tanggal                  of Shareholders (“EGMS”) No. 1 dated
        16 Desember 2024, Perusahaan melakukan                     December 16, 2024, the Company conducted
        pemecahan nilai nominal saham dari Rp 50 per               stock split for the nominal value of shares from
        saham menjadi Rp 5 per saham atau dengan                   Rp 50 per share to Rp 5 per share or with
        rasio 1:10. Awal perdagangan saham dengan                  ratio 1:10. The commencement of stock trading
        nilai nominal baru di pasar tunai tanggal                  with a new nominal value in the cash market on
        7 Januari 2025 (Catatan 29a).                              January 7, 2025 (Note 29a).

        Pada tanggal 31 Desember 2025, seluruh saham               As of December 31, 2025, all the Company’s
        Perusahaan sebanyak 10.086.050.000 saham                   10,086,050,000 shares (December 31, 2024:
        (31 Desember 2024: 1.008.605.000 saham)                    1,008,605,000 shares) listed on the Indonesia
        tercatat di Bursa Efek Indonesia (BEI)                     Stock Exchange (IDX) (Note 29a).
        (Catatan 29a).




                                                          9
Page 282
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                                               – Continued

   c.   Entitas Anak yang Dikonsolidasi dan Entitas                                                                                   c.      Consolidated Subsidiaries and Associate
        Asosiasi                                                                                                                              Entities

        Perusahaan secara langsung dan tidak langsung                                                                                         The Company has direct and indirect ownership
        memiliki entitas anak berikut:                                                                                                        in the following subsidiaries:
                                                                                                                                               Persentase Kepemilikan/                              Jumlah Aset Sebelum Eliminasi/
                                                                                                                                               Percentage of Ownership      Tahun Beroperasi         Total Assets Before Elimination
                                                                                                                                           31 Desember/    31 Desember/     Secara Komersil/      31 Desember/         31 Desember/
                    Anak Perusahaan/                          Domisili/                             Jenis Usaha/                           Decemb er 31,   Decemb er 31,   Start of Commercial    Decemb er 31,        Decemb er 31,
                      Sub sidiaries                           Domicile                            Nature of Business                           2025            2024             Operations            2025                  2024
                                                                                                                                                %                %                                  US$ '000              US$ '000

        PTP Investments Pte. Ltd. (PTPTS)              Singapura/ Singapore     Investasi/ Investment                                           100,00%         100,00%    Tidak aktif/ Dormant                3                   3

        PT Kinarya Bangun Sesama (PTKBS)                   Jakarta Barat/       Pertanian, industri pengolahan dan                               99,99%          99,99%           2021                       867                 964
          (d/h/ formerly PT Petrosea                       West Jakarta         pertambangan/
          Kalimantan (PTPK))                                                    Agriculture, processing industry and trading

        PT POSB Infrastructure Indonesia                   Jakarta Barat/       Pengelolaan pelabuhan khusus/                                    99,80%          99,80%           2015                     2.098               1.980
          (PTPII)                                          West Jakarta         Special port management

        PT Rekakarsa Karya Nusantara (PTRKN)                Balikpapan/         Jasa rekayasa/ Engineering services                              99,90%          99,90%           2022                       469                 412
          (d/h/ formerly PT Petrosea Rekayasa               Balikpapan
          dan Kontruksi Indonesia (PTPRKI)) (ii)

        PT Karya Bhumi Lestari (PTKBL)                     Jakarta Barat/       Jasa penunjang perusahaan pertambangan/                          99,99%          99,99%           2018                    43.853              65.130
                                                           West Jakarta         Support mining companies services

        PT Kuala Pelabuhan Indonesia                      Jakarta Selatan/      Operasi pelabuhan, transportasi, contracting                     95,00%          95,00%           1995                    12.194              13.019
          (PTKPI)                                          South Jakarta        (jalan) dan jasa rendering /
                                                                                Port operation, transportation, contracting
                                                                                (roads) and the rendering of services

        Petros Solution Pty Ltd (PSA)                    Australia/ Australia   Solution provider dalam bidang geologi,                         100,00%         100,00%           2021                       567               2.768
                                                                                pertambangan, rekayasa dan konstruksi/
                                                                                Solution provider in geology, mining & engineering
                                                                                and construction

        PT Kemilau Mulia Sakti (PTKMS)                     Jakarta Barat/       Tambang batu bara/ Coal mining                                   99,99%          99,99%           2023                    21.325              14.473
                                                           West Jakarta

        PT Petrosea Infrastruktur Nusantara                Jakarta Barat/       Perusahaan holding, aktivitas profesional,                       99,99%          99,90%           2024                    21.424                 310
          (PTPIN) *) (i)                                   West Jakarta         ilmiah, dan teknis/ Holding company,
                                                                                professional activities, scientific and technique

        PT Petrosea Engineering Procurement                Jakarta Barat/       Keuangan dan asuransi serta profesional,                         99,99%                -          2025                    37.322                       -
          Construction (PTPEPC) (i)                        West Jakarta         ilmiah, dan teknis/ Finance and insurance, and
                                                                                professional activities, scientific and technique

        HBS (PNG) Limited                                 Papua Nugini/         Konstruksi, pertambangan dan penggalian,                        100,00%                -          2025                    51.975                       -
         (HBS)                                          Papua New Guinea        transportasi, pergudangan dan komunikasi
                                                                                perumahan, persewaan dan aktivitas jasa lainnya/
                                                                                Construction, mining and quarrying, transportation,
                                                                                warehousing and communications, real estate,
                                                                                rental and corporate service activities and others

        PT Kinarya Medika Selaras                          Jakarta Barat/       Aktivitas profesional, ilmiah dan teknis,                        99,90%                -          2025                        60                       -
          (PTKIMS)                                         West Jakarta         perdagangan besar dan eceran, serta
                                                                                kesehatan manusia dan sosial/
                                                                                Professional, scientific, and technical activities,
                                                                                wholesale and retail trade, as well as human health
                                                                                and social activities

        Kepemilikan tidak langsung melalui entitas anak/ Indirect ownership through sub sidiary

        PT Mahaka Industri Perdana                         Jakarta Barat/       Pertambangan, perindustrian, agrobisnis,                         51,25%          51,25%           1994                     1.539               1.504
          (PTMIP) (ii)                                     West Jakarta         perdagangan umum/ Mining, industry,
                                                                                agrob usiness, general trading

        PT Cristian Eka Pratama                            Jakarta Barat/       Tamb ang b atu b ara/ Coal mining                                99,98%          99,98%           2023                    71.755              46.665
          (PTCEP) (iii)                                    West Jakarta

        PT Hafar Daya Konstruksi                          Jakarta Selatan/      Konstruksi bangunan sipil lainnya, aid serta                     51,00%                -          2025                    36.434                       -
          (PTHDK) (v)                                      South Jakarta        instalasi sistem kelistrikan dan konstruksi/
                                                                                Other civil engineering construction, aids also
                                                                                electrical system and construction installation

        PT Hafar Daya Samudera                            Jakarta Selatan/      Angkutan laut domestik dan luar negeri                           51,00%                -          2025                    19.937                       -
          (PTHDS) (v)                                      South Jakarta        khusus untuk barang/ Domestic and overseas
                                                                                sea freight on goods.

        PT Hafar Capitol Nusantara                        Jakarta Selatan/      Angkutan laut domestik dan luar negeri                          100,00%                -          2025                    14.215                       -
          (PTHCN) *) (ix)                                  South Jakarta        khusus untuk barang/ Domestic and overseas
                                                                                sea freight on goods




                                                                                                                10
Page 283
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                                               – Continued

                                                                                                                                             Persentase Kepemilikan/                                  Jumlah Aset Sebelum Eliminasi/
                                                                                                                                             Percentage of Ownership           Tahun Beroperasi        Total Assets Before Elimination
                                                                                                                                         31 Desember/    31 Desember/          Secara Komersil/     31 Desember/         31 Desember/
                   Anak Perusahaan/                         Domisili/                              Jenis Usaha/                          Decemb er 31,   Decemb er 31,        Start of Commercial   Decemb er 31,        Decemb er 31,
                     Sub sidiaries                          Domicile                             Nature of Business                          2025            2024                  Operations           2025                  2024
                                                                                                                                              %                %                                      US$ '000              US$ '000

      Petrosea Services Solutions Pte., Ltd.          Singapura/ Singapore     Perusahaan induk lainnya/                                        100,0%                   -              2025                12.078                       -
        (PSS)                                                                  Other holding companies

      Scan-bilt Pte. Ltd.                             Singapura/ Singapore     Konstruksi dan teknik sipil/                                    100,00%                   -              2025                12.795                       -
        (SBPL)                                                                 Construction and civil engineering

      Petrosea Solutions Pakistan (Pte.) Ltd.          Karachi (Pakistan)/     Rekayasa, pengadaan, dan konstruksi/                             99,00%                   -              2025                    13                       -
            (PSP) (x)                                  Karachi (Pakistan)      Engineering, procurement & construction

      PT Lintas Kelola Berlaba                            Jakarta Barat/       Pertambangan dan penggalian, aktivitas                           51,00%             51,00%               2024                 5.026                 310
        (PTLKB) *) (iv)                                   West Jakarta         professional ilmiah dan teknis/ Mining and
                                                                               quarrying, professional activities and technique

      Hidden Valley Contractors Ltd.                     Papua Nugini/         Jasa pertambangan/ Mining services                               51,00%                   -              2025                13.509                       -
        (HVC) (xi)                                     Papua New Guinea

      HBS (PNG) Pty. Limited (HBSAu) (xii)             Australia/ Australia    Jasa pertambangan/ Mining services                              100,00%                   -              2025                    32                       -

      HBS Plant Hire Ltd. (HPH) *) (xii)                 Papua Nugini/         Transportasi, pergudang dan komunikasi/                         100,00%                   -              2025                      -                      -
                                                       Papua New Guinea        Transportation, warehousing and communications

      HBS Solomon Island Limited (HBSSI) (xii)        Kepulauan Solomon/       Jasa pertambangan/ Mining services                              100,00%                   -              2025                     4                       -
                                                        Solomon Island

      *) Sedang tidak menjalankan kegiatan usaha secara komersial atau tidak aktif beroperasi./ Currently not performing b usiness activities commercially or not actively operating.
      i) Pemilikan melalui PTP sebesar 99,99%./ O wnership through PTP of 99.99% .
      ii) Pemilikan melalui PTP sebesar 99,90%./ O wnership through PTP of 99.90%.
      iii) Pemilikan tidak langsung melalui PTPII sebesar 51,25%. / Indirect ownership through PTPII of 51.25%.
      iv) Pemilikan tidak langsung melalui PTKMS sebesar 99,98% dan PTKBL sebesar 0,02%./ Indirect ownership through PTKMS of 99.98% and PTKBL of 0.02%.
      v) Pemilikan tidak langsung melalui PTPIN sebesar 51,00%./ Indirect ownership through PTPIN of 51.00%.
      vi) Pemilikan tidak langsung melalui PTPEPC sebesar 51,00%./ Indirect ownership through PTPEPC of 51.00%.
      vii) Pemilikan tidak langsung melalui PTPEPC sebesar 60,00%./ Indirect ownership through PTPEPC of 51.00%.
      viii) Pemilikan tidak langsung melalui PSS sebesar 99,00%./ Indirect ownership through PSS of 99.00%.
      ix) Pemilikan tidak langsung melalui PTHDS sebesar 100,00%./ Indirect ownership through PTHDS of 100.00%.
      x) Pemilikan melalui PTP sebesar 1,00% dan tidak langsung melalui PTPSS sebesar 99,00%./ Ownership through PTP of 1% and i ndirect ownership through PTPSS of 99.00%.
      xi) Pemilikan tidak langsung melalui HBS sebesar 51,00%./ Indirect ownership through HBS of 51.00%.
      xii) Pemilikan tidak langsung melalui HBS sebesar 100,00%./ Indirect ownership through HBS of 100.00%.


      Berdasarkan Akta No. 17 tanggal 6 Agustus 2015,                                                                                         Based on Deed No. 17 dated August 6, 2015,
      Perusahaan melalui entitas anak, PTPII, telah                                                                                           the Company through its subsidiary, PTPII, has
      mengakuisisi 51,25% saham dari PTMIP, yang                                                                                              acquired 51.25% shares of PTMIP, a Company
      berdomisili di Tangerang Selatan. Akuisisi                                                                                              domiciled in South Tangerang. Acquisition was
      dilakukan untuk memperkuat lini bisnis                                                                                                  done to strengthen the Company’s business
      Perusahaan. Goodwill yang timbul dari transaksi                                                                                         lines. Goodwill arising from the acquisition
      akuisisi ini sebesar US$ 781 ribu (Catatan 15).                                                                                         amounted to US$ 781 thousand (Note 15).

      Pada tanggal 24 Maret 2017, Perusahaan                                                                                                  On March 24, 2017, the Company established
      mendirikan entitas anak baru, PTPRKI dan                                                                                                new subsidiaries, PTPRKI and PTKBL with
      PTKBL dengan kepemilikan saham masing-                                                                                                  99.90% and 99.00% ownership interest,
      masing sebesar 99,90% dan 99,00%, sisanya                                                                                               respectively, the remaining ownership 0.10%
      sebesar 0,10% saham PTPRKI dan 1% saham                                                                                                 shares of PTPRKI and 1% shares of PTKBL
      PTKBL dimiliki oleh PTPII.                                                                                                              were owned by PTPII.

      Pada tanggal 28 Juni 2018, Perusahaan telah                                                                                             On June 28, 2018, the Company acquired 95%
      mengakuisisi 95% saham PTKPI, yang                                                                                                      shares of PTKPI, a Company domiciled in
      berdomisili di Jakarta Selatan. Akuisisi ini                                                                                            South Jakarta. The acquisition constituted
      merupakan kombinasi bisnis antara entitas                                                                                               business combination among entities under
      pengendali. Selisih antara jumlah imbalan yang                                                                                          common control. The difference between the
      ditransfer dengan jumlah tercatat aset bersih                                                                                           amount transferred and the carrying amount of
      PTKPI sebesar US$ 5.421 ribu disajikan dalam                                                                                            net assets of PTKPI amounted to
      ekuitas sebagai tambahan modal disetor.                                                                                                 US$ 5,421 thousand was presented in equity
                                                                                                                                              as additional paid-in capital.

      Pada tanggal 8 Maret 2021, Perusahaan                                                                                                   On March 8, 2021, the Company established a
      mendirikan entitas anak baru, PSA yang                                                                                                  new subsidiary, PSA which located in Australia
      berkedudukan di Australia dengan kepemilikan                                                                                            with 100% ownership of shares.
      saham sebesar 100%.

      Pada tanggal 27 Agustus 2021, melalui keputusan                                                                                         On August 27, 2021, through a circular decision
      sirkuler para pemegang saham PTKBL,                                                                                                     of the shareholders of PTKBL, the Company
      Perusahaan meningkatkan jumlah modal disetor                                                                                            increased the total paid-up capital of PTKBL
      PTKBL melalui skema inbreng benda bergerak                                                                                              through the inbreng moving assets scheme
      sebesar US$ 17.811 ribu sehingga total modal                                                                                            amounted to US$ 17,811 thousand, hence the
      disetor PTKBL menjadi US$ 20.406 ribu. Tidak                                                                                            total   paid-up   capital   of    PTKBL       is
      ada perubahan komposisi kepemilikan saham                                                                                               US$ 20,406 thousand. There is no change in
      Perusahaan pada PTKBL sebesar 99,99%, sisa                                                                                              the composition of the Company's share
      kepemilikan sebesar 0,01% tetap dimiliki oleh                                                                                           ownership in PTKBL of 99.99%, the remaining
      PTPII.                                                                                                                                  0.01% remains owned by PTPII.


                                                                                                               11
Page 284
PT PETROSEA Tbk DAN ENTITAS ANAK                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                             – Continued

      Pada tanggal 30 Agustus 2021, melalui keputusan        On August 30, 2021, through the decision of the
      Rapat Umum Pemegang Saham (“RUPS”) yang                General Meeting of Shareholders (“GMS”)
      disahkan dengan Akta No. 22 yang dibuat                which was ratified by Deed No. 22 made before
      dihadapan notaris Ungke Mulawanti, S.H., M.Kn.,        a notary Ungke Mulawanti, S.H., M.Kn.,
      PTPRKI resmi berubah nama menjadi PTRKN                PTPRKI officially changed its name to PTRKN
      dan perubahan tempat kedudukan semula                  and the change of domicile, previously in South
      berkedudukan di Tangerang Selatan menjadi              Tangerang to become in Balikpapan City. The
      berkedudukan di Kota Balikpapan. Jumlah                Company's total shareholding did not change
      kepemilikan saham Perusahaan tidak berubah             either before or after the name change, which
      baik sebelum atau sesudah pergantian nama,             was 99.90%.
      yaitu 99,90%.

      Pada tanggal 1 September 2021, melalui                 On September 1, 2021, through the decision of
      keputusan RUPS yang disahkan dengan akta               the GMS which was ratified by notarial deed
      notaris No. 1 yang dibuat dihadapan notaris            No. 1 made before a notary Ungke Mulawanti,
      Ungke Mulawanti, S.H., M.Kn., PTPK resmi               S.H., M.Kn., PTPK officially changed its name
      berubah nama menjadi PT Kinarya Bangun                 to PT Kinarya Bangun Sesama (PTKBS) and
      Sesama (PTKBS) dan perubahan tempat                    the change of domicile, previously in
      kedudukan semula berkedudukan di Kota                  Balikpapan City to be changed in South
      Balikpapan menjadi berkedudukan di Tangerang           Tangerang. The Company's total shareholding
      Selatan. Jumlah kepemilikan saham Perusahaan           did not change either before or after the name
      tidak berubah baik sebelum atau sesudah                change, which was 99.80%.
      pergantian nama, yaitu 99,80%.

      Pada tanggal 16 September 2021, Perusahaan             On September 16, 2021, the Company
      meningkatkan jumlah modal disetor PSA sebesar          increased the total paid-up capital of PSA by
      AU$ 5.003 ribu (setara dengan US$ 3.627 ribu).         AU$     5,003    thousand    (equivalent   to
                                                             US$ 3,627 thousand).

      Pada tanggal 9 Februari 2022, melalui keputusan        On February 9, 2022, through a circular
      sirkuler para pemegang saham PTKBS,                    decision of the shareholders of PTKBS, the
      Perusahaan meningkatkan jumlah modal disetor           Company increased the total paid-up capital of
      PTKBS sebesar Rp 17,5 miliar sehingga jumlah           PTKBS by Rp 17.5 billion, hence the total paid-
      modal disetor menjadi Rp 18 miliar (setara             up capital of PTKBS is Rp 18 billion (equivalent
      dengan US$ 1.251 ribu). Terdapat perubahan             to US$ 1,251 thousand). There is a change in
      komposisi kepemilikan saham Perusahaan pada            the composition of the Company's share
      PTKBS dari yang sebelumnya sebesar 99,80%              ownership in PTKBS from previously 99.80% to
      menjadi sebesar 99,99%.                                99.99%.

      Pada tanggal 18 Agustus 2022, Perusahaan               On August 18, 2022, the Company increased
      meningkatkan jumlah modal disetor PSA sebesar          the total paid-up capital of PSA by
      AU$ 4.638 ribu (setara dengan US$ 3.298 ribu).         AU$    4,638    thousand (equivalent to
                                                             US$ 3,298 thousand).

      Pada tanggal 28 Desember 2022, Perusahaan              On December 28, 2023, the Company
      meningkatkan jumlah modal disetor PSA sebesar          increased the total paid-up capital of PSA by
      AU$ 220 ribu (setara dengan US$ 148 ribu).             AU$     220     thousand     (equivalent   to
                                                             US$ 148 thousand).

      Pada tanggal 10 Mei 2023, Perusahaan                   On May 10, 2023, the Company increased the
      meningkatkan jumlah modal disetor PSA sebesar          total  paid-up    capital of    PSA     by
      AU$ 3.610 ribu (setara dengan US$ 2.437 ribu).         AU$    3,610    thousand (equivalent to
                                                             US$ 2,437 thousand).

      Pada tanggal 23 Juni 2023, Perusahaan dan              On June 23, 2023, the Company and PTKBL
      PTKBL telah mengakuisisi 100% saham di                 acquired 100% shares in PTKMS and its
      PTKMS dan entitas anak, PTCEP yang                     subsidiary, PTCEP, domiciled in South
      berdomisili di Tangerang Selatan. Akuisisi             Tangerang. Acquisition was done to strengthen
      dilakukan untuk memperkuat lini bisnis                 the Company’s business lines. Goodwill arising
      Perusahaan. Goodwill yang timbul dari transaksi        from    the     acquisition   amounted       to
      akuisisi ini sebesar US$ 19 juta (Catatan 15).         US$ 19 million (Note 15).




                                                        12
Page 285
PT PETROSEA Tbk DAN ENTITAS ANAK                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                              – Continued

      Pada tahun 2023, Perusahaan dan PTKBL                   In 2023, the Company and PTKBL injected
      menyetorkan dana kepada PTKMS sejumlah                  funds to PTKMS amounted to Rp 245 billion
      Rp 245 miliar (setara dengan US$ 15,8 juta)             (equivalent to US$ 15.8 million) resulting in the
      sehingga jumlah modal disetor kepada PTKMS              total paid-up capital to PTKMS amounted to
      adalah sebesar Rp 280,6 miliar (setara dengan           Rp       280.6     billion    (equivalent      to
      US$ 18,3 juta).                                         US$ 18.3 million).

      Pada tanggal 31 Agustus 2023, PTKMS                     On August 31, 2023, PTKMS deposited funds
      menyetorkan dana kepada PTCEP sejumlah                  to PTCEP amounted to Rp 245 billion
      Rp 245 miliar (setara dengan US$ 15,8 juta),            (equivalent to US$ 15.8 million) resulting in the
      sehingga jumlah modal disetor kepada PTCEP              total paid-up capital to PTCEP amounted to
      adalah sebesar Rp 250 miliar (setara dengan             Rp 250 billion (equivalent to US$ 16.2 million).
      US$ 16,2 juta).

      Pada tanggal 30 November 2023, Perusahaan               On November 30, 2023, the Company
      meningkatkan jumlah modal disetor PSA sebesar           increased the total paid-up capital of PSA by
      AU$ 6.578 ribu (setara dengan US$ 4.256 ribu).          AU$     6,578    thousand    (equivalent   to
                                                              US$ 4,256 thousand).

      Pada tanggal 25 September 2024, Perusahaan              On September 25, 2024, the Company and
      dan PTRKN mendirikan entitas anak baru, PTPIN           PTRKN established a new subsidiary, PTPIN
      dengan komposisi pemegang saham Perusahaan              with a composition of 99.9% of the Company's
      99,9% dan PTRKN 0,1%.                                   shareholders and 0.1% of PTRKN.

      Pada tanggal 15 Oktober 2024, Perusahaan                On October 15, 2024, the Company, through its
      melalui entitas anak, PTPIN, mendirikan entitas         subsidiary, PTPIN, established a new
      asosiasi baru, PTUBL, dengan kepemilikan                associate entity, PTUBL, with 30% ownership
      saham PTPIN 30%.                                        of PTPIN's shares.

      Pada tanggal 1 November 2024, Perusahaan                On November 1, 2024, the Company through
      melalui entitas anak, PTPIN, mendirikan entitas         its subsidiary, PTPIN, established a new
      anak baru, PTLKB, dengan kepemilikan saham              subsidiary, PTLKB, with 51% ownership of
      PTPIN 51%.                                              PTPIN's shares.

      Pada tanggal 22 November 2024, Perusahaan               On November 22, 2024, the Company through
      melalui entitas anak, PTPIN, mendirikan entitas         its subsidiary, PTPIN, established a new
      asosiasi baru, PTCTK, dengan kepemilikan                associate entity, PTCTK, with 35% ownership
      saham PTPIN 35%.                                        of PTPIN's shares.

      Pada tanggal 26 Maret 2025, Perusahaan melalui          On March 26, 2025, the Company through its
      entitas anak, PTPIN, dan PT Lautan Hutan Lestari        subsidiary, PTPIN, and PT Lautan Hutan
      (PTLHL) mendirikan entitas asosiasi baru,               Lestari (PTLHL) established a new associate
      PT Portus Bara Jaya (PTPBJ), dengan                     entity, PT Portus Bara Jaya (PTPBJ), with
      kepemilikan saham PTPIN 50% dan PTLHL 50%.              50% shares ownership of PTPIN's and
                                                              50% PTLHL’s.

      Pada tanggal 15 April 2025, Perusahaan                  On April 15, 2025, the Company established a
      mendirikan entitas anak baru, PTPEPC dengan             new subsidiary, PTPEPC with 99.90% shares
      kepemilikan saham 99,90%.                               ownership.

      Pada tanggal 28 April 2025, Perusahaan                  On April 28, 2025, the Company injected funds
      menyetorkan dana kepada PTPIN sejumlah                  to PTPIN amounted to Rp 54.5 billion
      Rp 54,5 miliar (setara dengan US$ 3,4 juta)             (equivalent to US$ 3.4 million) resulting in the
      sehingga jumlah modal disetor kepada PTPIN              total paid-up capital to PTPIN amounted to
      adalah sebesar Rp 59,5 miliar (setara dengan            Rp 59.5 billion (equivalent to US$ 3.7 million).
      US$ 3,7 juta).

      Pada tanggal 28 April 2025, Perusahaan                  On April 28, 2025, the Company injected funds
      menyetorkan dana kepada PTKMS sejumlah                  to PTKMS amounted to Rp 136 billion
      Rp 136 miliar (setara dengan US$ 8,5 juta)              (equivalent to US$ 8.5 million) resulting in the
      sehingga jumlah modal disetor kepada PTKMS              total paid-up capital to PTKMS amounted to
      adalah sebesar Rp 417 miliar (setara dengan             Rp 417 billion (equivalent to US$ 26.5 million).
      US$ 26,5 juta).




                                                         13
Page 286
PT PETROSEA Tbk DAN ENTITAS ANAK                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                              – Continued

      Pada tanggal 30 April 2025, Perusahaan                  On April 30, 2025, the Company made a capital
      melakukan penyetoran modal untuk saham baru             deposit for new shares in PT Maha Raja
      pada PT Maha Raja Mineral (PTMRM) melalui               Mineral (PTMRM) through its subsidiary,
      anak Perusahaan yaitu PTPIN dengan jumlah               PTPIN, with the total capital deposit for the new
      penyetoran modal untuk saham baru tersebut              shares amounted to Rp 56.6 billion (equivalent
      adalah sebesar Rp 56,6 miliar (setara dengan            to US$ 3.3 million), equivalent to 535,104,000
      US$ 3,3 juta) atau setara dengan 535.104.000            shares. As a result, PTPIN's ownership in
      saham. Sehingga kepemilikan PTPIN pada                  PTMRM is 40%.
      PTMRM adalah sebesar 40%.

      Pada tanggal 27 Mei 2025, Perusahaan                    On May 27, 2025, the Company established a
      mendirikan entitas anak baru di Singapura, PSS          new subsidiary in Singapore, PSS with 100%
      dengan kepemilikan saham 100%.                          ownership.

      Pada tanggal 1 Agustus 2025, Perusahaan telah           On August 1, 2025, the Company has signed
      menandatangani Perjanjian Bersyarat Penjualan           Conditional Share Sales Purchase of All
      dan Pembelian Seluruh Saham Grup HBS                    Shares of HBS Group with estimated value
      dengan nilai estimasi sebesar US$ 25,76 juta            US$ 25.76 million which were effectively
      yang    dikonsolidasi efektif pada tanggal              consolidated dated on October 31, 2025.
      31 Oktober 2025. Pembelian dengan diskon yang           Bargain purchase arising from the acquisition
      timbul dari transaksi akuisisi ini sebesar              amounted to US$ 15.5 million (Note 39).
      US$ 15,5 juta (Catatan 39).

      Pada tanggal 13 Agustus 2025, Perusahaan                On August 13, 2025, the Company deposited
      menyetorkan dana Rp 395 miliar (setara dengan           Rp 395 billion (equivalent to US$ 3.4 million) to
      US$ 3,4 juta) kepada PTPEPC sehingga jumlah             PTPEPC, bringing the total capital paid to
      modal disetor kepada PTPEPC adalah sebesar              PTPEPC to Rp 400 billion (equivalent to
      Rp 400 miliar (setara dengan US$ 23,8 juta).            US$ 23.8 million).

      Pada tanggal 15 Agustus 2025, Perusahaan,               On August 15, 2025, the Company, through its
      melalui anak perusahaan, PTPEPC, telah                  subsidiary, PTPEPC, signed a Share Purchase
      menandatangani Perjanjian Jual Beli Saham               Agreement for 51% of the shares of PTHDK
      sebesar 51% atas saham PTHDK dan PTHDS                  and PTHDS with a transaction value of
      dengan nilai transaksi sebesar Rp 400 miliar            Rp 400 billion (equivalent to US$ 24.5 million).
      (setara dengan US$ 24,5 juta). Pembelian dengan         Bargain purchase arising from the acquisition
      diskon yang timbul dari transaksi akuisisi ini          amounted to US$ 10.7 million (Note 39).
      sebesar US$ 10,7 juta (Catatan 39).

      Pada tanggal 25 September 2025, entitas anak            On September 25, 2025, a subsidiary, PSS,
      perusahaan, PSS, mendirikan entitas anak baru           established a new subsidiary in Pakistan, PSP,
      di Pakistan, PSP dengan kepemilikan saham               with a 99.00% ownership interest. Meanwhile,
      99,00%.    Sedangkan,   kepemilikan    saham            the Company holds a 1.00% ownership
      Perusahaan sebesar 1,00%.                               interest.

      Pada tanggal 23 Oktober 2025, Perusahaan                On October 23, 2025, the Company transferred
      melakukan pengalihan saham atas 100%                    100% of the Company's shareholding in PSS to
      kepemilikan saham Perusahaan di PSS kepada              PTPEPC for all 50,001 ordinary shares with a
      PTPEPC atas seluruh 50.001 saham biasa                  nominal value and fully paid-up capital of
      dengan nilai nominal dan modal disetor penuh            SG$      50    thousand     (equivalent    to
      sebesar SG$ 50 ribu (setara dengan                      US$ 38 thousand).
      US$ 38 ribu).

      Pada tanggal 21 November 2025, Perusahaan               On November 21, 2025, the Company through
      melalui anak perusahaannya, PSS, melakukan              its subsidiary, PSS, acquired 60% of the shares
      pengambilalihan 60% saham SBPL dengan                   of SBPL by signing a Share Purchase
      menandatangani Perjanjian Jual Beli Saham               Agreement        with     SBPL's   shareholder,
      dengan pemegang saham SBPL, TCAL                        TCAL Engineering Pte., Ltd. for a value of
      Engineering Pte., Ltd. dengan nilai sebesar             SG$       10.3       million   (equivalent   to
      SG$ 10,3 juta (setara dengan US$ 8,03 juta).            US$ 8.03 million). Goodwill arising from the
      Goodwill yang timbul dari transaksi akuisisi ini        acquisition amounted to US$ 1.6 juta (Note 15).
      sebesar US$ 1,6 juta (Catatan 15).




                                                         14
Page 287
PT PETROSEA Tbk DAN ENTITAS ANAK                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                              – Continued

      Pada tanggal 1 Desember 2025, Perusahaan                On December 1, 2025, the Company deposited
      menyetorkan dana kepada PTPEPC sejumlah                 funds to PTPEPC amounted to Rp 131 billion
      Rp 131 miliar (setara dengan US$ 7,8 juta)              (equivalent to US$ 7.8 million) resulting in the
      sehingga jumlah modal disetor kepada PTPEPC             total paid-up capital to PTPEPC was
      adalah sebesar Rp 531 miliar (setara dengan             Rp 531 billion (equivalent to US$ 31.6 million).
      US$ 31,6 juta).

      Pada tanggal 15 Desember 2025, PSS                      On December 15, 2025, PSS recorded an
      mencatatkan penambahan saham sebesar                    additional share capital of SG$ 10.3 million
      SG$ 10,3 juta (setara dengan US$ 8 juta) yang           (equivalent to US$ 8 million) contributed by
      dilakukan oleh PTPEPC sehingga jumlah modal             PTPEPC, bringing the total paid-up capital of
      disetor pada PSS sebesar SG$ 10,4 juta (setara          PSS to SG$ 10.4 million (equivalent to
      dengan US$ 8 juta).                                     US$ 8 million).

      Pada tanggal 15 Desember 2025, Perusahaan               On December 15, 2025, the Company together
      bersama dengan anak Perusahaan, PTRKN,                  with its subsidiary, PTRKN, established a new
      telah mendirikan entitas anak baru, PTKIMS,             subsidiary,      PTKIMS,     with     99.90%
      dengan kepemilikan saham 99,90%.                        shareholding.

      Pada tanggal 22 Desember 2025, Perusahaan               On December 22, 2025, the Company
      menyetorkan dana kepada PTKMS sejumlah                  deposited funds to PTKMS in the amount of
      Rp 90 miliar (setara dengan US$ 5,3 juta)               Rp 90 billion (equivalent to US$ 5.3 million),
      sehingga jumlah modal disetor kepada PTKMS              bringing the total capital paid to PTKMS to
      adalah sebesar Rp 507 miliar (setara dengan             Rp 507 billion (equivalent to US$ 30.2 million).
      US$ 30,2 juta).

      Pada tanggal 24 Desember 2025, Perusahaan               On December 24, 2025, the Company
      menyetorkan dana kepada PTPIN sejumlah                  deposited funds to PTPIN in the amount of
      Rp 75,6 miliar (setara dengan US$ 4,5 juta)             Rp 75.6 billion (equivalent to US$ 4.5 million),
      sehingga jumlah modal disetor kepada PTPIN              bringing the total capital paid to PTPIN to
      adalah sebesar Rp 135 miliar (setara dengan             Rp 135 billion (equivalent to US$ 8 million).
      US$ 8 juta).

      Pada tanggal 28 Januari 2026, Perusahaan                On January 28, 2026, the Company, through its
      melalui entitas anak, PTPIN dan PTRKN,                  subsidiaries PTPIN and PTRKN, established a
      mendirikan entitas anak baru, PT Petrosindo             new subsidiary, PT Petrosindo Investama
      Investama Sinergi (PTPIS), dengan kepemilikan           Sinergi (PTPIS), with 99% ownership of
      saham PTPIN 99% dan PTRKN 1%. Lingkup                   PTPIN’s shares and 1% PTRKN’s. The
      usaha PTPIS meliputi aktivitas keuangan dan             business scope of PTPIS includes financial and
      asuransi, profesional, ilmiah dan teknis, serta         insurance activities, professional, scientific and
      perdagangan besar dan retail.                           technical activities, as well as wholesale and
                                                              retail trade.

      Pada tanggal 28 Januari 2026, Perusahaan                On January 28, 2026, the Company, through its
      melalui entitas anak, PTPEPC dan PTRKN,                 subsidiaries PTPEPC and PTRKN, established
      mendirikan entitas baru, PT Petrosindo Sinergi          a new subsidiary, PT Petrosindo Sinergi Alur
      Alur (PTPSA), dengan kepemilikan saham                  (PTPSA), with 99% ownership of PTPEPC’s
      PTPEPC 99% dan PTRKN 1%. Lingkup usaha                  shares and 1% PTRKN’s. The business scope
      PTPSA meliputi aktivitas keuangan dan asuransi,         of PTPSA includes financial and insurance
      serta aktivitas profesional, ilmiah, dan teknis.        activities, as well as professional, scientific, and
                                                              technical activities.

      Pada tanggal 28 Januari 2026, Perusahaan                On January 28, 2026, the Company, through its
      melalui entitas anak, PTPEPC dan PTRKN,                 subsidiaries PTPEPC and PTRKN, established
      mendirikan entitas baru, PT Petrosindo Sinergi          a new subsidiary, PT Petrosindo Sinergi
      Samudera (PTPSS), dengan kepemilikan saham              Samudera (PTPSS), with 99% ownership of
      PTPEPC 99% dan PTRKN 1%. Lingkup usaha                  PTPEPC’s shares and 1% PTRKN’s. The
      PTPSS meliputi aktivitas keuangan dan asuransi,         business scope of PTPSS includes financial
      serta aktivitas profesional, ilmiah, dan teknis.        and insurance activities, as well as
                                                              professional, scientific, and technical activities.




                                                         15
Page 288
PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Pada tanggal 24 Februari 2026, Perusahaan                      On February 24, 2026, the Company, through
        melalui entitas anak yang dimiliki secara tidak                its indirectly owned subsidiary with more than
        langsung lebih dari 99%, yaitu PTPSS, telah                    99% ownership, PTPSS, signed a Share
        menandatangani Perjanjian Jual Beli Saham                      Purchase Agreement for 55% of the shares in
        sebesar 55% saham PT Nusantara Arung                           PT Nusantara Arung Samudera (PTNAS),
        Samudera (PTNAS), masing-masing sebesar                        comprising 45% from Mrs. Karen Nathani and
        45% dari Ibu Karen Nathani dan 10% dari Bapak                  10% from Mr. Maifian Juni Candra, of the total
        Maifian Juni Candra, dari seluruh modal                        issued and paid-up capital of PTNAS.
        ditempatkan dan disetor PTNAS.

        Pada tanggal 24 Februari 2026, Perusahaan                      On February 24, 2026, the Company, through
        melalui entitas anak yang dimiliki secara tidak                its indirectly owned subsidiary with more
        langsung lebih dari 99%, yaitu PTPSA, telah                    than 99% ownership, PTPSA, entered into a
        menandatangani Perjanjian Jual Beli Saham                      Share Purchase Agreement for 55% of the
        sebesar 55% saham PT Vista Maritim Asia                        shares in PT Vista Maritim Asia (PTVMA),
        (PTVMA), masing-masing sebesar 50% dari                        comprising 50% from Mr. Lius Kastomo and 5%
        Bapak Lius Kastomo dan 5% dari Bapak Jalu                      from Mr. Jalu Yogo Santoso, of the total
        Yogo Santoso, dari seluruh modal ditempatkan                   issued and paid-up capital of PTVMA
        dan disetor PTVMA masing-masing sebesar                        amounted to Rp 550 million (equivalent to
        Rp 550 juta (setara dengan US$ 32.8 ribu).                     US$ 32,8 thousand).

        Pada tanggal 23 Februari 2026, pengalihan                      On February 23, 2026, this share transfer
        saham ini merupakan restrukturisasi internal                   constitutes an internal restructuring within the
        Perusahaan yang melibatkan anak-anak usaha,                    Company involving its subsidiaries, without
        tanpa mengubah pengendalian akhir atas entitas                 changing the ultimate control over the relevant
        terkait. Pengalihan atas 51% kepemilikan saham                 entity. The transfer concerns 51% share
        PTPIN di PTLKB kepada PTPIS.                                   ownership of PTPIN in PTLKB to PTPIS.

   d.   Izin Usaha Pertambangan Operasi Produksi                  d.   Production    Operation     Mining    Business
                                                                       Permit

        Berdasarkan       Keputusan     Kepala   Dinas                 Based on the Decree of the Head of
        Penanaman Modal dan Pelayanan Terpadu                          Investment Office and One-Stop Integrated
        Satu Pintu      Provinsi    Kalimantan   Timur                 Services of East Kalimantan Province
        No. 503/1175/IUP-OP/DPMPTSP/VII/2018 pada                      No.     503/1175/IUP-OP/DPMPTSP/VII/2018
        tanggal 23 Juli 2018, PTCEP telah memperoleh                   dated July 23, 2018, PTCEP obtained an
        persetujuan untuk perubahan izin usaha                         approval for a change of its mining exploration
        pertambangan eksplorasi menjadi izin usaha                     right to become mining production right with
        pertambangan operasi produksi dengan luas                      area 5,273 Ha (unaudited). PTCEP has rights
        5.273 Ha (tidak diaudit). PTCEP mempunyai hak                  for construction, production, hauling and selling
        untuk melakukan kegiatan konstruksi, produksi,                 which included coal processing and refining
        pengangkutan dan penjualan serta pengolahan                    which will expire on July 22, 2038.
        dan pemurnian batubara yang akan berakhir pada
        tanggal 22 Juli 2038.

        Izin tersebut terakhir kali diubah melalui                     The permit was last amended through
        Keputusan     Gubernur      Kalimantan      Timur              East      Kalimantan    Governor      Decree
        No. 503/7380/IUPOP/DPMPTSP/XII/201 tanggal                     No.     503/7380/IUP-OP/DPMPTSP/XII/2019
        9 Desember 2019 untuk perubahan luas IUP                       dated December 9, 2019 for changes in IUP
        seluas 4.776 Ha (tidak diaudit) yang akan berakhir             area of 4,776 Ha (unaudited) which will expire
        pada tanggal 22 Juli 2038.                                     on July 22, 2038.




                                                             16
Page 289
PT PETROSEA Tbk DAN ENTITAS ANAK                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                           – Continued

   e.   Penawaran Umum Obligasi dan Sukuk Ijarah                  f. e.    Public Offering of Corporate Bonds and
        Perusahaan                                                         Sukuk Ijarah
        Pada tanggal 6 Desember 2024, Perusahaan                           On December 6, 2024, the Company obtained
        memperoleh pernyataan efektif dari Otoritas                        an effective statement from the Financial
        Jasa Keuangan (OJK) berdasarkan surat                              Services Authority (OJK) through letter
        No.     S-162/D.04/2024      untuk    melakukan                    No. S-162/D.04/2024 to conduct the Public
        Penawaran Umum Obligasi dan Sukuk Ijarah                           Offering of Continuous Bonds and Sukuk
        Berkelanjutan I dengan target dana yang                            Ijarah I with target fund Rp 3 trillion (equivalent
        dihimpun sebesar Rp 3 triliun (setara dengan                       to US$ 178,734 thousand). The Company has
        US$      178.734   ribu).    Perusahaan    telah                   published and offered Continuous Bonds and
        menerbitkan dan menawarkan Obligasi dan                            Sukuk Ijarah I Phase I Year 2024 with principal
        Sukuk Ijarah Berkelanjutan I Tahap I Tahun 2024                    amounted to Rp 1.5 trillion (equivalent to
        dengan jumlah pokok sebesar Rp 1,5 triliun                         US$ 89,532 thousand).
        (setara dengan US$ 89.532 ribu).
        Perusahaan telah menerbitkan Penawaran                             The Company has issued the Continuous
        Umum Berkelanjutan (PUB) Obligasi dan Sukuk                        Public Offering (PUB) of Continuous Bonds and
        Ijarah Berkelanjutan I Tahap II Tahun 2025 yang                    Sukuk Ijarah I Phase II Year 2025 that form an
        merupakan bagian dari PUB Obligasi dan Sukuk                       integral part of PUB of Continuous Bonds and
        Ijarah Berkelanjutan I yang telah mendapatkan                      Sukuk Ijarah that has been obtained an
        pernyataan efektif dari OJK berdasarkan surat                      effective statement from the OJK based on
        No. S-162/D.04/2024 tanggal 6 Desember 2024                        Letter     No.     S-162/D.04/2024       dated
        perihal Pemberitahuan Efektifnya Pernyataan                        December 6, 2024 regarding the Notification of
        Pendaftaran.                                                       the Effectiveness of the Registration
                                                                           Statement.
        Pada tanggal 3 Maret 2025, Perusahaan telah                        On March 3, 2025, the Company registered for
        melakukan registrasi atas Penawaran Umum                           the Offering of Continuous Bonds and Sukuk
        Berkelanjutan (PUB) I Obligasi dan Sukuk Ijarah                    (PUB) Ijarah Phase II. In relation to this, the
        Tahap II. Sehubungan dengan hal tersebut,                          Company conducted legal due diligence,
        Perusahaan telah melakukan uji tuntas dari segi                    fulfilled   several    legal    documentation
        hukum,     pemenuhan      beberapa      dokumen                    requirements, and reviewed all agreements
        persyaratan terkait hukum, serta melakukan reviu                   related to the PUB for Bonds and Sukuk Ijarah
        pada setiap perjanjian-perjanjian terkait PUB                      Phase II.
        Obligasi dan Sukuk Ijarah Tahap II tersebut.
        Dalam rangka Penawaran Umum Obligasi dan                           In connection with the Public Offering of
        Sukuk Ijarah Berkelanjutan Tahap I dan II,                         Continuous Bonds and Sukuk Ijarah Phase I
        Perusahaan telah menerbitkan:                                      and II, the Company has issued:

                                      Seri A/          Seri B/               Seri C/            Seri D/          Jumlah/
                                     Series A         Series B              Series C           Series D           Total
                                   ’Rp 000.000      ’Rp 000.000           ’Rp 000.000        ’Rp 000.000       ’Rp 000.000
         Obligasi Tahap I/
                                         47.000            171.640             465.400            315.960         1.000.000
         Bonds Phase I
         Sukuk Ijarah Tahap I/
                                         33.000            128.360             254.600              84.040          500.000
         Sukuk Ijarah Phase I
         Obligasi Tahap II/
                                         39.200            476.200             484.600                     -      1.000.000
         Bonds Phase II
         Sukuk Ijarah Tahap II/
                                         59.100            223.900             217.000                     -        500.000
         Sukuk Ijarah Phase II

        Atau dalam mata uang USD setara dengan:                            Or in USD equivalents to:

                                      Seri A/          Seri B/              Seri C/            Seri D/           Jumlah/
                                     Series A         Series B             Series C           Series D            Total
                                    ’US$ 000         ’US$ 000              US$ 000            US$ 000            US$ 000
         Obligasi Tahap I/
                                          2.801             10.228              27.732              18.827           59.588
         Bonds Phase I
         Sukuk Ijarah Tahap I/
                                          1.966                 7.649           15.171               5.008           29.794
         Sukuk Ijarah Phase I
         Obligasi Tahap II/
                                          2.336             28.376              28.876                     -         59.588
         Bonds Phase II
         Sukuk Ijarah Tahap II/
                                          3.522             13.342              12.931                     -         29.794
         Sukuk Ijarah Phase II


                                                           17
Page 290
PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

2.   PENERAPAN STANDAR AKUNTANSI KEUANGAN                          2.   ADOPTION   OF   NEW   AND  REVISED
     BARU DAN REVISI STANDAR AKUNTANSI                                  STATEMENTS OF FINANCIAL ACCOUNTING
     KEUANGAN (PSAK)                                                    STANDARDS (“PSAK”)

     a.   Amendemen/ Penyesuaian Standar             yang               a.   Amendments/ Improvements to Standards
          Berlaku Efektif pada Tahun Berjalan                                Effective in the Current Year

          Dalam periode berjalan, Grup telah menerapkan                      In the current period, the Group has applied
          PSAK yang relevan dengan operasinya dan                            PSAK that are relevant to its operations and
          efektif untuk periode akuntansi yang dimulai pada                  effective for reporting period beginning on or
          atau setelah 1 Januari 2025, yaitu:                                after January 1, 2025, which is:

          •   PSAK     221  (amendemen)      Pengaruh                   •    •   PSAK 221 (amendment) The Effects of
              Perubahan Kurs Valuta Asing: Kekurangan                            Changes in Foreign Exchange Rates: Lack
              Ketertukaran.                                                      of Exchangeability.

          Penerapan     atas     amendemen/penyesuaian                       The adoption of these amendments/
          tersebut tidak mengakibatkan perubahan atas                        improvements does not result in changes to the
          kebijakan akuntansi Grup dan tidak memiliki                        Group's accounting policies and has no
          pengaruh signifikan atas pengungkapan atau                         material impact to disclosures or on the
          jumlah yang dicatat di dalam laporan keuangan                      amounts recognized in the current period and
          konsolidasian pada periode berjalan dan                            prior years consolidated financial statements.
          tahun-tahun sebelumnya.

     b.   Standar    dan       Amendemen/Penyesuaian                    b.   Standard and Amendments/Improvements
          Standar Telah       Diterbitkan Tapi Belum                         to Standards Issued not yet Adopted
          Diterapkan

          Pada tanggal persetujuan laporan keuangan                          At the date of authorization of these
          konsolidasian interim dan amendemen atas                           consolidated financial statements, the following
          PSAK yang relevan bagi Grup, yang telah                            amendment to PSAK relevant to the Group was
          diterbitkan namun belum berlaku efektif, dengan                    issued but not effective, with early application
          penerapan dini diijinkan, adalah sebagai berikut:                  permitted:

          Efektif untuk periode yang dimulai pada atau                       Effective for period beginning on or after
          setelah tanggal 1 Januari 2026                                     January 1, 2026

          •   Amandemen PSAK 338 Kombinasi Bisnis                            •   Amendment to PSAK 338 Business
              Entitas Sepengendali.                                              Combination Under Common Control.

          •   Amandemen       PSAK   109    Instrumen                   •    •   Amendment to PSAK 109 Financial
              Keuangan dan Amandemen PSAK 107                                    Instruments and Amendment to PSAK 107
              Instrumen    Keuangan:    Pengungkapan                             Financial Instruments: Disclosures on
              tentang   Klasifikasi dan   Pengukuran                             Classification and Measurement of
              Instrumen Keuangan.                                                Financial Instruments.

          •   Penyesuaian Tahunan 2024 SAK Indonesia.                   •    •   Annual Improvement 2024 SAK Indonesia.

          Efektif untuk periode yang dimulai pada atau                       Effective for period beginning on or after
          setelah tanggal 1 Januari 2027                                     January 1, 2027

          •   PSAK 118 Penyajian dan Pengungkapan                       •    •   PSAK 118 Presentation and Disclosure in
              dalam Laporan Keuangan.                                            Financial Statements.

              Penyajian dan Pengungkapan dalam                          •        Presentation and Disclosures in Financial
              Laporan Keuangan yang merujuk pada                                 Statements, which refers to IFRS 18:
              IFRS 18 Presentation and Disclosure in                             Presentation and Disclosure in Financial
              Financial Statements. PSAK 118 akan                                Statements. PSAK 118 will replace
              menggantikan PSAK 201: Penyajian Laporan                           PSAK 201: Presentation of Financial
              Keuangan.                                                          Statements.

          Sampai dengan tanggal penerbitan laporan                 •         As of the issuance date of the consolidated
          keuangan      konsolidasian,     dampak   dari                     financial statements, the effects of adopting
          amendemen-amendemen tersebut terhadap                              these amendments on the consolidated
          laporan keuangan konsolidasian tidak dapat                         financial statements are not known nor
          diketahui atau diestimasi oleh manajemen.                          reasonably estimable by management.


                                                              18
Page 291
PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

3.   INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                        3.   MATERIAL             ACCOUNTING               POLICY
                                                                        INFORMATION

     a.   Pernyataan Kepatuhan                                          a.   Statement of Compliance

          Laporan keuangan konsolidasian Grup disusun                        The consolidated financial statements of the
          sesuai dengan Standar Akuntansi Keuangan                           Group have been prepared in accordance with
          Indonesia.                                                         Indonesian Financial Accounting Standards.

     b.   Dasar Penyusunan                                              b.   Basis of Preparation

          Dasar      penyusunan      laporan     keuangan                    The consolidated financial statements have
          konsolidasian adalah biaya historis, kecuali                       been prepared on the historical cost basis,
          instrumen keuangan tertentu yang diukur pada                       except for certain financial instruments that are
          nilai wajar pada setiap akhir periode pelaporan,                   measured at fair values at the end of each
          yang dijelaskan dalam kebijakan akuntansi di                       reporting period, as explained in the accounting
          bawah ini.                                                         policies below.

          Biaya historis umumnya didasarkan pada nilai                       Historical cost is generally based on the fair
          wajar dari imbalan yang diberikan dalam                            value of the consideration given in exchange for
          pertukaran barang dan jasa.                                        goods and services.
          Nilai wajar adalah harga yang akan diterima untuk                  Fair value is the price that would be received to
          menjual suatu aset atau harga yang akan dibayar                    sell an asset or paid to transfer a liability in an
          untuk mengalihkan suatu liabilitas dalam suatu                     orderly     transaction      between        market
          transaksi teratur antara pelaku pasar pada                         participants at the measurement date.
          tanggal pengukuran.

          Laporan keuangan konsolidasian disusun dengan                      Consolidated financial statements are prepared
          basis akrual kecuali untuk laporan arus kas                        on an accrual basis, except for the consolidated
          konsolidasian.                                                     statement of cash flows.

          Laporan arus kas konsolidasian disusun dengan                      The consolidated statements of cash flows are
          menggunakan        metode    langsung  dengan                      prepared using the direct method with
          mengelompokkan arus kas dalam aktivitas                            classifications of cash flows into operating,
          operasi, investasi, dan pendanaan.                                 investing, and financing activities.

          Direksi memiliki, pada saat persetujuan laporan                    The Directors have, at the time of approving the
          keuangan konsolidasian, suatu ekspektasi yang                      consolidated      financial   statements,      a
          memadai bahwa Grup memiliki sumber daya yang                       reasonable expectation that the Group has
          cukup untuk melanjutkan keberadaan operasinya                      adequate resources to continue in operational
          untuk di masa yang akan datang. Sehingga,                          existence for the foreseeable future. Thus, they
          mereka melanjutkan penerapan dasar akuntansi                       continue to adopt the going concern basis of
          kelangsungan usaha dalam penyusunan laporan                        accounting in preparing the consolidated
          keuangan konsolidasian.                                            financial statements.

     c.   Dasar Konsolidasian                                           c.   Basis of Consolidation

          Laporan           keuangan          konsolidasian                  The      consolidated   financial     statements
          menggabungkan laporan keuangan Perusahaan                          incorporate the financial statements of the
          dan entitas yang dikendalikan oleh Grup                            Company and entities (including structured
          (termasuk entitas terstruktur). Pengendalian                       entities) controlled by the Group. Control is
          tercapai jika Perusahaan memiliki kekuasaan atas                   achieved where the Company has the power
          investee; eksposur atau hak atas imbal hasil                       over the investee; is exposed, or has rights, to
          variabel dari keterlibatannya dengan investee;                     variable returns from its involvement with the
          dan     kemampuan         untuk    menggunakan                     investee; and has the ability to use its power to
          kekuasaannya         atas     investee      untuk                  affect its returns.
          mempengaruhi jumlah imbal hasil investor.

          Perusahaan menilai kembali apakah entitas                          The Company reassesses whether or not it
          tersebut adalah investee jika fakta dan keadaan                    controls an investee if facts and circumstances
          yang mengindikasikan adanya perubahan                              indicate that there are changes to one or more
          terhadap satu atau lebih dari tiga elemen                          of the three elements of control listed above.
          pengendalian yang disebutkan di atas.




                                                              19
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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      Ketika Perusahaan memiliki hak suara kurang dari          When the Company has less than a majority of
      mayoritas di-investee, ia memiliki kekuasaan atas         the voting rights of an investee, it has power
      investee ketika hak suara investor cukup untuk            over the investee when the voting rights are
      memberinya       kemampuan        praktis   untuk         sufficient to give it the practical ability to direct
      mengarahkan aktivitas relevan secara sepihak.             the relevant activities of the investee
      Perusahaan mempertimbangkan seluruh fakta                 unilaterally. The Company considers all
      dan keadaan yang relevan dalam menilai apakah             relevant facts and circumstances in assessing
      hak suara Perusahaan cukup untuk memberikan               whether or not the Company’s voting rights in
      Perusahaan kekuasaan, termasuk (i) ukuran                 an investee are sufficient to give it power,
      kepemilikan hak suara Perusahaan relatif                  including (i) the size of the Company’s holding
      terhadap ukuran dan penyebaran kepemilikan                of voting rights relative to the size and
      pemilik hak suara lain; (ii) hak suara potensial          dispersion of holding of the other vote holders;
      yang dimiliki oleh Perusahaan, pemegang suara             (ii) potential voting rights held by the Company,
      lain atau pihak lain; (iii) hak yang timbul dari          other vote holders or other parties; (iii) rights
      pengaturan kontraktual lain; dan (iv) setiap fakta        arising from other contractual arrangements;
      dan keadaan tambahan apapun mengindikasikan               and (iv) any additional facts and circumstances
      bahwa Perusahaan memiliki, atau tidak memiliki,           that indicate that the Company has, or does not
      kemampuan kini untuk mengarahkan aktivitas                have, the current ability to direct the relevant
      yang relevan pada saat keputusan perlu dibuat,            activities at the time that decisions need to be
      termasuk pola suara pemilikan dalam RUPS                  made, including voting patterns at previous
      sebelumnya.                                               GMS.

      Konsolidasi entitas anak dimulai ketika                   Consolidation of a subsidiary begins when the
      Perusahaan memperoleh pengendalian atas                   Company obtains control over the subsidiary
      entitas anak dan akan dihentikan ketika                   and ceases when the Company loses control of
      Perusahaan kehilangan pengendalian pada                   the subsidiary. Specifically, income and
      entitas anak. Secara khusus, pendapatan dan               expense of a subsidiary acquired or disposed
      beban entitas anak diakuisisi atau dijual selama          of during the year are included in the
      tahun berjalan termasuk dalam laporan laba rugi           consolidated statement of profit or loss and
      dan penghasilan komprehensif lain konsolidasian           other comprehensive income from the date the
      dari    tanggal    diperolehnya    pengendalian           Company gains control until the date when the
      Perusahaan sampai tanggal ketika Perusahaan               Company ceases to control the subsidiary.
      berhenti untuk mengendalikan entitas anak.

      Jika diperlukan, penyesuaian dapat dilakukan              When necessary, adjustments are made to the
      terhadap laporan keuangan entitas anak agar               financial statements of subsidiaries to bring
      kebijakan akuntansi sesuai dengan kebijakan               their accounting policies in line with the Group’s
      akuntansi Grup.                                           accounting policies.

      Seluruh aset dan liabilitas dalam intra Grup,             All intra Group assets and liabilities, equity,
      ekuitas, pendapatan, biaya dan arus kas yang              income, expenses and cash flows relating to
      berkaitan dengan transaksi dalam Grup                     transactions between members of the Group
      dieliminasi secara penuh pada saat konsolidasi.           are eliminated in full on consolidation.

      Kepentingan nonpengendali di entitas anak                 Non-controlling interests in subsidiaries are
      diidentifikasi secara terpisah dari ekuitas Grup          identified separately from the Group’s equity
      yang ada. Kepentingan pemegang saham                      therein. Those interests of non-controlling
      nonpengendali yang merupakan kepentingan                  stockholders that are present ownership
      kepemilikan yang memberikan pemiliknya hak                interests entitling their holders to a
      terhadap bagian proporsional aset bersih pada             proportionate share of net assets upon
      saat likuidasi pada awalnya dapat diukur sebesar          liquidation may initially be measured at fair
      nilai wajar atau bagian proporsional kepentingan          value or at the non-controlling interests’
      nonpengendali atas nilai wajar aset bersih                proportionate share of the fair value of the
      teridentifikasi pihak yang diakuisisi. Pilihan            acquiree’s identifiable net assets. The choice of
      pengukuran dibuat untuk masing-masing akuisisi.           measurement is made on an acquisition-by-
      Kepentingan nonpengendali lain awalnya diukur             acquisition basis. Other non-controlling
      sebesar nilai wajar. Setelah akuisisi, jumlah             interests are initially measured at fair value.
      tercatat kepentingan nonpengendali adalah                 Subsequent to acquisition, the carrying amount
      jumlah kepentingan tersebut pada pengakuan                of non-controlling interests is the amount of
      awal        ditambah      bagian     kepentingan          those interests at initial recognition plus the
      nonpengendali dari perubahan selanjutnya di               non-controlling interest share of subsequent
      ekuitas.                                                  changes in equity.



                                                           20
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Laba rugi dan setiap komponen penghasilan                      Profit or loss and each component of other
        komprehensif lain diatribusikan kepada pemilik                 comprehensive income are attributed to the
        entitas   induk    dan     untuk      kepentingan              owners of the Company and to the non-
        nonpengendali.          Perusahaan            juga             controlling interest. Total comprehensive
        mengatribusikan total laba komprehensif entitas                income of subsidiaries is attributed to the
        anak kepada pemilik entitas induk dan                          owners of the Company and the non-controlling
        kepentingan nonpengendali meskipun hal                         interest even if this results in the non-controlling
        tersebut      mengakibatkan           kepentingan              interest having a deficit balance.
        nonpengendali memiliki saldo defisit.

   d.   Kombinasi Bisnis                                          d.   Business Combinations

        Akuisisi bisnis dicatat dengan menggunakan                     Acquisitions of businesses are accounted for
        metode akuisisi. Imbalan yang dialihkan dalam                  using     the     acquisition    method.   The
        suatu kombinasi bisnis diukur pada nilai wajar,                consideration transferred in a business
        yang dihitung sebagai hasil penjumlahan dari nilai             combination is measured at fair value, which is
        wajar tanggal akuisisi atas seluruh aset yang                  calculated as the sum of the acquisition-date
        dialihkan oleh Grup, liabilitas yang diakui oleh               fair values of the assets transferred by the
        Grup kepada pemilik sebelumnya dari pihak yang                 Group, liabilities incurred by the Group to the
        diakuisisi dan kepentingan ekuitas yang                        former owners of the acquiree, and the equity
        diterbitkan oleh Grup dalam pertukaran                         interests issued by the Group in exchange for
        pengendalian dari pihak yang diakuisisi. Biaya-                control of the acquiree. Acquisition related
        biaya terkait akuisisi diakui di dalam laba rugi               costs are recognized in profit or loss as
        pada saat terjadinya.                                          incurred.

        Pada tanggal akuisisi, aset teridentifikasi yang               At the acquisition date, the identifiable assets
        diperoleh dan liabilitas yang diambil alih diakui              acquired and the liabilities assumed are
        pada nilai wajar, kecuali untuk:                               recognized at their fair value, except that:

        •   aset atau liabilitas pajak tangguhan yang                  •    deferred tax assets or liabilities and assets
            berkaitan dengan pengaturan imbalan kerja                       or liabilities related to employee benefit
            diakui    dan      diukur    masing-masing                      arrangements        are   recognized     and
            berdasarkan PSAK 212 Pajak Penghasilan                          measured in accordance with PSAK 212
            dan PSAK 219 Imbalan Kerja;                                     Income Taxes and PSAK 219 Employee
                                                                            Benefits, respectively;

        •   instrumen liabilitias atau ekuitas yang                    •    liabilities or equity instruments related to
            berkaitan dengan perjanjian pembayaran                          share-based payment arrangements of the
            berbasis saham dari pihak yang diakuisisi                       acquiree       or    share-based   payment
            atau pengaturan pembayaran berbasis                             arrangements of the Group entered into to
            saham Grup yang dibuat untuk menggantikan                       replace           share-based      payment
            pengaturan pembayaran berbasis saham                            arrangements of the acquirer are
            dari pihak yang mengakuisisi diukur                             measured in accordance with PSAK 102
            berdasarkan PSAK 102 Pembayaran                                 Shared Based Payment at the acquisition
            Berbasis Saham pada tanggal akuisisi; dan                       date; and

        •   aset (atau kelompok lepasan) yang                          •    assets (or disposal groups) that are
            diklasifikasikan sebagai yang dimiliki untuk                    classified as held for sale in accordance
            dijual berdasarkan PSAK 105 Aset Tidak                          with PSAK 105 Non-current Assets Held
            Lancar yang Dikuasai untuk Dijual dan                           for Sale and Discontinued Operations are
            Operasi yang Dihentikan diukur sesuai                           measured in accordance with that
            dengan standar tersebut.                                        standard.




                                                             21
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

        Goodwill diukur sebagai selisih lebih dari nilai                 Goodwill is measured as the excess of the sum
        gabungan dari imbalan yang dialihkan, jumlah                     of the consideration transferred, the amount of
        setiap kepentingan nonpengendali pada pihak                      any non-controlling interests in the acquiree,
        diakuisisi dan nilai wajar pada tanggal akuisisi                 and the fair value of the acquirer’s previously
        kepentingan ekuitas yang sebelumnya dimiliki                     held equity interest in the acquire (if any) over
        oleh pihak pengakuisisi pada pihak diakuisisi (jika              the net of the acquisition-date amounts of the
        ada) atas jumlah neto dari aset teridentifikasi yang             identifiable assets acquired and the liabilities
        diperoleh dan liabilitas yang diambil alih pada                  assumed. If, after the reassessment, the net of
        tanggal akuisisi. Jika, setelah penilaian kembali,               the acquisition-date amounts of the identifiable
        jumlah neto dari aset teridentifikasi yang diperoleh             assets acquired and liabilities assumed
        dan liabilitas yang diambil alih pada tanggal                    exceeds the sum of the consideration
        akuisisi melebihi jumlah imbalan yang dialihkan,                 transferred, the amount of any non-controlling
        jumlah dari setiap kepentingan nonpengendali                     interests in the acquiree and the fair value of
        pada pihak diakuisisi dan nilai wajar pada tanggal               the acquirer’s previously held interest in the
        akuisisi kepentingan ekuitas yang sebelumnya                     acquiree (if any), the excess is recognized
        dimiliki oleh pihak pengakuisisi pada pihak                      immediately in profit or loss as a bargain
        diakuisisi (jika ada), selisih lebih diakui segera               purchase gain.
        dalam laba rugi sebagai keuntungan pembelian
        dengan diskon.

        Bila imbalan yang dialihkan oleh Grup dalam                      When the consideration transferred by the
        suatu kombinasi bisnis termasuk aset atau                        Group in a business combination includes
        liabilitas yang berasal dari pengaturan imbalan                  assets or liabilities resulting from a contingent
        kontinjen (contingent consideration arrangement),                consideration arrangement, the contingent
        imbalan kontinjen tersebut diukur pada nilai wajar               consideration is measured at its acquisition-
        pada tanggal akuisisi dan termasuk sebagai                       date fair value and included as part of the
        bagian dari imbalan yang dialihkan dalam suatu                   consideration transferred in a business
        kombinasi bisnis.                                                combination.

   e.   Transaksi dan Penjabaran Laporan Keuangan                   e.   Foreign    Currency       Transactions       and
        dalam Mata Uang Asing                                            Translation

        Laporan keuangan individu masing-masing                          The individual financial statements of each
        entitas Grup diukur dan disajikan dalam mata                     Group entity are measured and presented in
        uang dari lingkungan ekonomi utama dimana                        the currency of the primary economic
        entitas beroperasi (mata uang fungsional).                       environment in which the entity operates
        Laporan keuangan konsolidasian dari Grup                         (its functional currency). The consolidated
        disajikan dalam mata uang Dolar Amerika Serikat                  financial statements of the Group are presented
        (US$) yang merupakan mata uang fungsional                        in    U.S. Dollar (US$), which is the functional
        Perusahaan dan mata uang penyajian untuk                         currency of the Company and the presentation
        laporan keuangan konsolidasian.                                  currency for the consolidated financial
                                                                         statements.

        Dalam      penyusunan      laporan       keuangan                In preparing the consolidated financial
        konsolidasian setiap entitas individual Grup,                    statements of each individual Group entity,
        transaksi dalam mata uang asing selain mata                      transactions in currencies other than the
        uang fungsional entitas (mata uang asing) diakui                 entity’s functional currency (foreign currencies)
        pada kurs yang berlaku pada tanggal transaksi.                   are recognized at the rates of exchange
        Pada setiap akhir periode pelaporan, pos moneter                 prevailing at the dates of the transactions. At
        dalam valuta asing dijabarkan kembali pada kurs                  the end of each reporting period, monetary
        yang berlaku pada tanggal tersebut. Pos-pos                      items denominated in foreign currencies are
        nonmoneter yang diukur pada nilai wajar dalam                    retranslated at the rates prevailing at that date.
        valuta asing dijabarkan kembali pada kurs yang                   Non-monetary items carried at fair value that
        berlaku pada tanggal ketika nilai wajar ditentukan.              are denominated in foreign currencies are
        Pos nonmoneter diukur dalam biaya historis                       retranslated at the rates prevailing at the date
        dalam valuta asing yang tidak dijabarkan kembali.                when the fair value was determined. Non-
                                                                         monetary items that are measured in terms of
                                                                         historical cost in a foreign currency are not
                                                                         retranslated.




                                                               22
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

        Selisih kurs diakui dalam laba rugi pada periode                  Exchange differences are recognized in profit
        saat terjadinya kecuali untuk:                                    or loss in the period in which they arise except
                                                                          for:

        •    Selisih kurs atas transaksi yang ditetapkan                  •    Exchange differences on transactions
             untuk tujuan lindung nilai risiko valuta asing                    entered in order to hedge certain foreign
             tertentu;                                                         currency risks;

        •    Selisih nilai tukar yang muncul dari                         •    Exchange differences arising on the
             penjabaran kembali pos-pos nonmoneter, di                         retranslation of non-monetary items
             mana keuntungan atau kerugian diakui dalam                        carried at fair value, of which gains and
             penghasilan komprehensif lain. Untuk pos-                         losses     are    recognized    in   other
             pos nonmoneter tersebut, setiap keuntungan                        comprehensive       income.    For   such
             atau kerugian dari komponen pertukaran                            non-monetary items, any exchange
             tersebut juga diakui dalam penghasilan                            component of that gain or loss is also
             komprehensif lain.                                                recognized in other comprehensive
                                                                               income.

        Untuk tujuan penyajian laporan keuangan                           For presenting these consolidated financial
        konsolidasian, aset dan liabilitas dari entitas anak,             statements, the assets and liabilities of the
        kecuali PTKPI, dijabarkan ke dalam Dolar                          subsidiaries, except PTKPI, are translated into
        Amerika Serikat dengan menggunakan kurs yang                      U.S. Dollar using exchange rates prevailing at
        berlaku pada akhir periode pelaporan. Pos                         the end of each reporting period. Income and
        penghasilan dan beban dijabarkan menggunakan                      expense items are translated at the average
        kurs rata-rata untuk periode tersebut, kecuali kurs               exchange rates for the period, unless exchange
        berfluktuasi secara signifikan selama periode                     rates fluctuate significantly during that period,
        tersebut, dalam hal ini kurs yang berlaku pada                    in which case the exchange rates at the dates
        tanggal transaksi yang digunakan. Selisih kurs                    of the transactions are used. Exchange
        yang     timbul     diakui  dalam       penghasilan               differences arising, if any, are recognized in
        komprehensif lain dan diakumulasi dalam ekuitas                   other comprehensive income and accumulated
        (dan       diatribusikan    pada        kepentingan               in equity (and attributed to non-controlling
        nonpengendali).                                                   interests as appropriate).

        Goodwill dan penyesuaian nilai wajar aset                         Goodwill and fair value adjustments to
        teridentifikasi yang diperoleh dan liabilitas yang                identifiable assets acquired and liabilities
        dialihkan melalui akuisisi dari kegiatan usaha luar               assumed through acquisition of a foreign
        negeri diperlakukan sebagai aset dan liabilitas                   operation are treated as assets and liabilities of
        dari kegiatan usaha luar negeri dan dijabarkan                    the foreign operation and translated at the rate
        pada kurs yang berlaku pada akhir periode                         of exchange prevailing at the end of each
        pelaporan. Selisih kurs yang timbul diakui pada                   reporting period. Exchange differences arising
        penghasilan komprehensif lain.                                    are recognized in other comprehensive
                                                                          income.

   f.   Transaksi Pihak-pihak Berelasi                               f.   Transactions with Related Parties

        Pihak-pihak berelasi adalah orang atau entitas                    A related party is a person or entity that is
        yang terkait dengan Grup (entitas pelapor):                       related to the Group (the reporting entity):

        a.   Orang atau anggota keluarga terdekat                         a.   A person or a close member of that
             mempunyai relasi dengan entitas pelapor jika                      person's family is related to the reporting
             orang tersebut:                                                   entity if that person:

             i.     memiliki pengendalian atau ventura                         i.     has control or joint venture over the
                    bersama entitas pelapor;                                          reporting entity;

             ii.    memiliki pengaruh signifikan entitas                       ii.    has significant influence over the
                    pelapor; atau                                                     reporting entity; or

             iii.   personil manajemen kunci entitas                           iii.   is a member of the key management
                    pelapor atau entitas induk dari entitas                           personnel of the reporting entity or of
                    pelapor.                                                          a parent of the reporting entity.




                                                                23
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PT PETROSEA Tbk DAN ENTITAS ANAK                                    PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                     FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                 ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                    – Continued

      b.   Suatu entitas berelasi dengan entitas pelapor            b.   An entity is related to the reporting entity if
           jika memenuhi salah satu hal berikut:                         any of the following conditions applies:

           i.     Entitas dan entitas pelapor adalah                     i.     The entity, and the reporting entity are
                  anggota dari kelompok usaha yang                              members of the same Group (which
                  sama (artinya entitas induk, entitas anak,                    means that each parent, subsidiary
                  dan entitas anak berikutnya saling                            and fellow subsidiary is related to the
                  berelasi dengan entitas lainnya).                             others).

           ii.    Satu entitas adalah entitas asosiasi atau              ii.    One entity is an associate or joint
                  ventura bersama dari entitas lain (atau                       venture of the other entity (or an
                  entitas asosiasi atau ventura bersama                         associate or joint venture of a member
                  yang    merupakan      anggota     suatu                      of a Group of which the other entity is
                  kelompok usaha, yang mana entitas lain                        a member).
                  tersebut adalah anggotanya).

           iii.   Kedua entitas tersebut adalah ventura                  iii.   Both entities are joint ventures of the
                  bersama dari pihak ketiga yang sama.                          same third party.

           iv. Satu entitas adalah ventura bersama                       iv. One entity is a joint venture of a third
               dari entitas ketiga dan entitas yang lain                     entity and the other entity is an
               adalah entitas asosiasi dari entitas                          associate of the third entity.
               ketiga.

           v.     Entitas tersebut adalah suatu program                  v.     The entity is a post-employment
                  imbalan pasca kerja untuk imbalan kerja                       benefit plan for the benefit of
                  dari salah satu entitas pelapor atau                          employees of either the reporting
                  entitas yang terkait dengan entitas                           entity, or an entity related to the
                  pelapor. Jika entitas pelapor adalah                          reporting entity. If the reporting entity
                  entitas     yang    menyelenggarakan                          is itself such a plan, the sponsoring
                  program tersebut, maka entitas sponsor                        employers are also related to the
                  juga berelasi dengan entitas pelapor.                         reporting entity.

           vi. Entitas     yang     dikendalikan atau                    vi. The entity is controlled or jointly
               dikendalikan bersama oleh orang yang                          controlled by a person identified in (a).
               diidentifikasi dalam huruf (a).

           vii. Orang yang diidentifikasi dalam huruf (a)                vii. A person identified in (a) (i) has
                (i) memiliki pengaruh signifikan atas                         significant influence over the entity or
                entitas atau personil manajemen kunci                         is a member of the key management
                entitas (atau entitas induk dari entitas).                    personnel of the entity (or a parent of
                                                                              the entity).

           viii. Entitas, atau anggota dari kelompok                     viii. The entity, or any member of a Group
                 yang mana entitas merupakan bagian                            of which it is a part, provides key
                 dari kelompok tersebut, menyediakan                           management personnel services to
                 jasa personil manajemen kunci kepada                          the reporting entity or to the parent of
                 entitas pelapor atau kepada entitas induk                     the reporting entity.
                 dari entitas pelapor.

      Transaksi signifikan yang dilakukan dengan                    Significant transactions with related parties,
      pihak-pihak berelasi, baik yang dilakukan dengan              whether or not made at similar terms and
      kondisi dan persyaratan yang sama dengan pihak                conditions as those done with third parties, are
      ketiga maupun tidak, diungkapkan pada laporan                 disclosed in the consolidated financial
      keuangan konsolidasian (Catatan 40).                          statements (Note 40).




                                                               24
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PT PETROSEA Tbk DAN ENTITAS ANAK                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                     – Continued

   g.   Instrumen Keuangan                                      g.   Financial Instrument

        Aset keuangan                                                Financial assets

        Grup mengklasifikasikan aset keuangan dalam                  The Group classifies its financial assets into the
        kategori berikut ini:                                        following categories:

        •   Aset keuangan diukur pada biaya perolehan           •    •   Financial assets measured at amortized
            diamortisasi: dan                                            costs; and

        •   Aset keuangan yang diukur pada nilai wajar               •   Financial assets measured at fair value
            melalui laba rugi (“FVTPL”).                                 through profit or loss (“FVTPL”).

        Aset keuangan dan liabilitas keuangan pada                   Financial assets and financial liabilities are
        awalnya diukur pada nilai wajar. Biaya transaksi             initially measured at fair value. Transaction
        yang terkait langsung dengan perolehan atau                  costs that are directly attributable to the
        penerbitan aset keuangan dan liabilitas keuangan             acquisition or issue of financial assets and
        ditambahkan atau dikurangkan dari nilai wajar                financial liabilities are added to or deducted
        aset keuangan dan liabilitas keuangan, jika                  from the fair value of the financial assets and
        diperlukan, pada pengakuan awal.                             financial liabilities, as appropriate, on initial
                                                                     recognition.

        Klasifikasi aset keuangan                                    Classification of financial assets

        Instrumen utang selanjutnya diukur pada biaya                Debt instruments that meet the following
        perolehan diamortisasi, jika memenuhi kedua                  conditions are subsequently measured at
        kondisi berikut ini:                                         amortized cost:

        •   aset keuangan dikelola dalam model bisnis                •   the financial asset is held within a business
            yang bertujuan untuk memiliki aset keuangan                  model whose objective is to hold financial
            dalam rangka mendapatkan arus kas                            assets in order to collect contractual cash
            kontraktual; dan                                             flows; and

        •   persyaratan kontraktual dari aset keuangan               •   the contractual terms of the financial asset
            menghasilkan arus kas pada tanggal tertentu                  give rise on specified dates to cash flows
            yang semata-mata dari pembayaran pokok                       that are solely payments of principal and
            dan bunga dari jumlah pokok terutang.                        interest on the principal amount
                                                                         outstanding.

        Seluruh aset keuangan lain selanjutnya diukur                By default, all other financial assets are
        pada FVTPL.                                                  subsequently measured at FVTPL.

        Meskipun telah ditetapkan sebelumnya, Grup                   Despite the foregoing, the Group may make the
        dapat menetapkan pilihan tidak terbatalkan pada              following irrevocable election/designation at
        saat pengakuan awal aset keuangan sebagai                    initial recognition of a financial asset:
        berikut:

        •   menyajikan perubahan selanjutnya nilai                   •   to present subsequent changes in fair
            wajar investasi pada instrumen ekuitas dalam                 value of an equity investment in other
            penghasilan komprehensif lain jika kriteria                  comprehensive income if certain criteria
            tertentu dipenuhi; dan                                       are met; and

        •   menetapkan     instrumen     utang     yang              •   to designate a debt investment that meets
            memenuhi     kriteria   biaya    perolehan                   the amortized cost or fair value through
            diamortisasi atau nilai wajar melalui                        other comprehensive income (“FVTOCI”)
            penghasilan      komprehensif       lainnya                  criteria as measured at FVTPL if doing so
            (“FVTOCI”) diukur pada FVTPL, jika                           eliminates or significantly reduces an
            penetapan    itu      mengeliminasi    atau                  accounting mismatch.
            mengurangi secara signifikan inkonsistensi
            pengukuran dan pengakuan.




                                                           25
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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      Biaya perolehan diamortisasi dan metode suku              Amortized cost and effective interest method
      bunga efektif

      Metode suku bunga efektif adalah metode yang              The effective interest method is a method of
      digunakan dalam menghitung biaya perolehan                calculating the amortized cost of a debt
      instrumen utang dan dalam pengalokasian                   instrument and of allocating interest income
      pendapatan bunga selama periode yang relevan.             over the relevant period.

      Untuk aset keuangan selain aset keuangan yang             For financial assets other than purchased or
      mengalami penurunan nilai kredit (yaitu aset yang         originated credit-impaired financial assets
      mengalami penurunan nilai kredit pada saat                (i.e. assets that are credit-impaired on initial
      pengakuan awal), suku bunga efektif adalah suku           recognition), the effective interest rate is the
      bunga yang secara tepat mendiskontokan                    rate that exactly discounts estimated future
      estimasi penerimaan kas masa depan (termasuk              cash receipts (including all fees and points paid
      imbalan dan komisi yang dibayarkan atau diterima          or received that form an integral part of the
      yang merupakan bagian tak terpisahkan dari suku           effective interest rate, transaction costs and
      bunga efektif, biaya transaksi dan premium atau           other premiums or discounts) excluding
      diskonto lainnya), tidak termasuk kerugian kredit         expected credit losses, through the expected
      ekspektasian, selama perkiraan umur instrumen             life of the debt instrument, or, where
      utang, atau, jika lebih tepat periode yang lebih          appropriate, a shorter period, to the gross
      pendek, terhadap jumlah tercatat bruto dari               carrying amount of the debt instrument on initial
      instrumen utang pada saat pengakuan awal.                 recognition. For purchased or originated credit-
      Untuk aset keuangan yang mengalami penurunan              impaired financial assets, a credit-adjusted
      nilai kredit yang berasal, suku bunga efektif yang        effective interest rate is calculated by
      disesuaikan dengan kredit dihitung dengan                 discounting the estimated future cash flows,
      mendiskontokan perkiraan arus kas masa depan,             including expected credit losses, to the
      termasuk perkiraan kerugian kredit, ke biaya              amortized cost of the debt instrument on initial
      perolehan diamortisasi instrumen utang pada               recognition.
      pengakuan awal.

      Biaya perolehan diamortisasi aset keuangan                The amortized cost of a financial asset is the
      adalah jumlah aset keuangan yang diukur saat              amount at which the financial asset is measured
      pengakuan awal dikurangi pembayaran pokok,                at initial recognition minus the principal
      ditambah      dengan      amortisasi    kumulatif         repayments, plus the cumulative amortization
      menggunakan metode suku bunga efektif yang                using the effective interest method of any
      dihitung dari selisih antara nilai awal dan nilai         difference between that initial amount and the
      jatuh tempo aset keuangan, disesuaikan dengan             maturity amount, adjusted for any loss
      penyisihan kerugian. Selain itu, jumlah tercatat          allowance. On the other hand, the gross
      bruto aset keuangan adalah biaya perolehan                carrying amount of a financial asset is the
      diamortisasi sebelum disesuaikan dengan                   amortized cost of a financial asset before
      penyisihan kerugian.                                      adjusting for any loss allowance.

      Pendapatan bunga diakui dengan menggunakan                Interest income is recognized using the
      metode suku bunga efektif untuk instrumen utang           effective interest method for debt instruments
      yang selanjutnya diukur pada biaya perolehan              measured subsequently at amortized cost and
      diamortisasi dan pada FVTOCI.                             at FVTOCI.

      Untuk instrumen keuangan lain, kecuali aset               For financial instruments other than purchased
      keuangan yang dibeli atau berasal dari aset               or originated credit-impaired financial assets,
      keuangan memburuk, pendapatan bunga dihitung              interest income is calculated by applying the
      dengan menerapkan suku bunga efektif terhadap             effective interest rate to the gross carrying
      jumlah tercatat bruto aset keuangan.                      amount of a financial asset.

      Untuk aset keuangan yang berasal dari aset                For financial assets that have subsequently
      keuangan memburuk, pendapatan bunga diakui                become credit-impaired, interest income is
      dengan menerapkan suku bunga efektif terhadap             recognized by applying the effective interest
      biaya perolehan diamortisasi dari aset keuangan           rate to the amortized cost of the financial asset.
      tersebut. Jika pada periode pelaporan keuangan            If, in subsequent reporting periods, the credit
      selanjutnya, risiko kredit aset keuangan tersebut         risk on the credit-impaired financial instrument
      membaik sehingga aset keuangan tidak lagi                 improves so that the financial asset is no longer
      mengalami penurunan nilai kredit, maka                    credit-impaired, interest income is recognized
      pendapatan bunga diakui dengan menerapkan                 by applying the effective interest rate to the
      suku bunga efektif terhadap jumlah tercatat bruto         gross carrying amount of the financial asset.
      aset keuangan.




                                                           26
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PT PETROSEA Tbk DAN ENTITAS ANAK                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                  – Continued

      Untuk aset keuangan yang mengalami penurunan                For purchased or originated credit-impaired
      nilai kredit yang berasal atau berasal, Grup                financial assets, the Group recognizes interest
      mengakui        pendapatan      bunga     dengan            income by applying the credit-adjusted effective
      menerapkan suku bunga efektif yang disesuaikan              interest rate to the amortized cost of the
      dengan kredit ke biaya perolehan diamortisasi               financial asset from initial recognition. The
      dari aset keuangan sejak pengakuan awal.                    calculation does not revert to the gross basis
      Perhitungan tidak kembali ke basis bruto bahkan             even if the credit risk of the financial asset
      jika risiko kredit dari aset keuangan selanjutnya           subsequently improves so that the financial
      membaik sehingga aset keuangan tidak lagi                   asset is no longer credit-impaired.
      mengalami penurunan nilai kredit.
      Pendapatan bunga diakui dalam laba rugi.                    Interest income is recognized in profit or loss.
      Aset keuangan pada FVTPL                                    Financial assets at FVTPL
      Aset keuangan yang tidak memenuhi kriteria yang             Financial assets that do not meet the criteria for
      diukur pada biaya perolehan diamortisasi atau               being measured at amortized cost or FVTOCI
      FVTOCI diukur pada FVTPL, khususnya:                        are measured at FVTPL, specifically:

      •   Investasi     dalam    instrumen   ekuitas              •    Investments in equity instruments are
          diklasifikasi sebagai FVTPL, kecuali Grup                    classified as at FVTPL, unless the Group
          menetapkan investasi ekuitas yang dimiliki                   designate an equity investment that is
          tidak untuk diperdagangkan dan bukan                         neither held for trading nor a contingent
          merupakan imbalan kontinjen dari kombinasi                   consideration arising from a business
          bisnis, sebagai FVTOCI pada pengakuan                        combination as at FVTOCI on initial
          awal.                                                        recognition.

      •   Instrumen utang yang tidak memenuhi                     •    Debt instruments that do not meet the
          kriteria biaya perolehan diamortisasi atau                   amortized cost criteria or the FVTOCI
          FVTOCI, diklasifikasi sebagai FVTPL.                         criteria are classified as at FVTPL. In
          Sebagai tambahan, instrumen utang yang                       addition, debt instruments that meet either
          memenuhi        kriteria  biaya  perolehan                   the amortized cost criteria or the FVTOCI
          diamortisasi dan FVTOCI dapat ditetapkan                     criteria may be designated as at FVTPL
          sebagai FVTPL pada saat pengakuan awal                       upon initial recognition if such designation
          apabila penetapan tersebut mengeliminasi                     eliminates or significantly reduces a
          atau      mengurangi     secara   signifikan                 measurement or recognition inconsistency
          inkonsistensi pengukuran dan pengakuan                       that would arise from measuring assets or
          yang timbul dari pengukuran aset atau                        liabilities or recognizing the gains and
          liabilitas atau pengakuan keuntungan dan                     losses on them on different bases. The
          kerugian dengan basis berberda. Grup tidak                   Group have not designated any debt
          menetapkan instumen utang sebagai FVTPL.                     instruments as at FVTPL.
      Aset keuangan pada FVTPL diukur pada nilai                  Financial assets at FVTPL are measured at fair
      wajar pada setiap tanggal pelaporan. Keuntungan             value as at each reporting date, with any fair
      atau kerugian diakui dalam laba rugi sepanjang              value gains or losses recognized in profit or loss
      bukan merupakan bagian dari hubungan lindung                to the extent they are not part of a designated
      nilai yang ditetapkan. Keuntungan atau kerugian             hedging relationship. The net gain or loss
      bersih yang diakui dalam laba rugi termasuk                 recognized in profit or loss includes any
      dividen atau bunga yang diperoleh atas aset                 dividend or interest earned on the financial
      keuangan      dan    dimasukkan     dalam   pos             asset and is included in the “other gains and
      “keuntungan atau kerugian lain-lain”.                       losses” line item.
      Keuntungan dan kerugian kurs mata uang asing                Foreign exchange gains and losses
      Jumlah tercatat aset keuangan dalam mata uang               The carrying amount of financial assets that are
      asing ditentukan dalam mata uang tersebut dan               denominated in a foreign currency is
      dijabarkan dengan menggunakan kurs spot pada                determined in that foreign currency and
      setiap tanggal pelaporan. Secara spesifik:                  translated at the spot rate as at each reporting
                                                                  date. Specifically:

      •   Untuk aset keuangan diukur pada biaya                   •    For financial assets measured at
          perolehan      diamortisasi      yang     bukan              amortized cost that are not part of a
          merupakan bagian dari hubungan lindung                       designated          hedging       relationship,
          nilai ditetapkan, selisih kurs diakui dalam laba             exchange differences are recognized in
          rugi pada pos “keuntungan dan beban lain-                    profit or loss in the “other gains and losses”
          lain”;                                                       line item;



                                                             27
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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      •   Untuk instrumen utang diukur pada FVTOCI              •   For debt instruments measured at FVTOCI
          yang bukan merupakan bagian dari                          that are not part of a designated hedging
          hubungan lindung nilai ditetapkan, selisih                relationship, exchange differences on the
          kurs atas biaya perolehan diamortisasi dari               amortized cost of the debt instrument are
          instrumen hutang diakui dalam laba rugi pada              recognized in profit or loss in the “other
          pos “keuntungan dan beban lain-lain”.                     gains and losses” line item. Other
          Perbedaan nilai tukar lainnya diakui pada                 exchange differences are recognized in
          pendapatan komprehensif lain dalam                        other comprehensive income in the
          cadangan revaluasi investasi;                             investments revaluation reserve;

      •   Untuk aset keuangan diukur pada FVTPL                 •   For financial assets measured at FVTPL
          yang bukan merupakan bagian dari                          that are not part of a designated hedging
          hubungan lindung nilai ditetapkan, selisih                relationship, exchange differences are
          kurs diakui dalam laba rugi pada pos                      recognized in profit or loss in the “other
          “keuntungan dan beban lain-lain”; dan                     gains and losses” line item; and

      •   Untuk instrumen ekuitas diukur pada                   •   For equity instruments measured at
          FVTOCI,    selisih   kurs     diakui pada                 FVTOCI, exchange differences are
          penghasilan komprehensif lain dalam                       recognized in other comprehensive
          cadangan revaluasi investasi.                             income in the investments revaluation
                                                                    reserve.

      Penurunan nilai aset keuangan                             Impairment of financial assets

      Grup mengakui penyisihan kerugian untuk                   The Group recognized a loss allowance for
      kerugian kredit ekspektasian (“KKE”) atas                 expected credit losses (“ECL”) on investments
      investasi pada instrumen utang yang diukur pada           in debt instruments that are measured at
      biaya perolehan diamortisasi. Jumlah kerugian             amortized cost. The amount of expected credit
      kredit ekspektasian diukur pada setiap tanggal            losses is updated at each reporting date to
      pelaporan untuk mencerminkan perubahan dalam              reflect changes in credit risk since initial
      risiko kredit sejak pengakuan awal instrumen              recognition of the respective financial
      keuangan tersebut.                                        instrument.

      Grup mengakui KKE sepanjang umur untuk                    The Group recognizes lifetime ECL for trade
      piutang usaha, piutang lain-lain dan aset kontrak.        accounts      receivables,    other     accounts
      Kerugian kredit ekspektasian dari aset keuangan           receivables and contract assets. The expected
      tersebut diestimasi menggunakan matriks provisi           credit losses on these financial assets are
      berdasarkan pengalaman kerugian kredit secara             estimated using a provision matrix based on
      historis dari Grup, disesuaikan dengan faktor-            historical credit loss experience of the Group,
      faktor spesifik terkait debitur, kondisi ekonomi          adjusted for factors that are specific to the
      umum dan penilaian baik atas kondisi sekarang             debtors, general economic conditions and an
      maupun perkiraan arah kondisi pada tanggal                assessment of both the current as well as the
      pelaporan, termasuk nilai waktu dari uang jika            forecast direction of conditions at the reporting
      perlu.                                                    date, including time value of money where
                                                                appropriate.

      Untuk semua instrumen keuangan lainnya, Grup              For all other financial instruments, the Group
      mengakui KKE sepanjang umur ketika telah ada              recognizes lifetime ECL when there has been a
      peningkatan risiko kredit yang signifikan sejak           significant increase in credit risk since initial
      pengakuan awal. Jika, sebaliknya, risiko kredit           recognition. If, on the other hand, the credit risk
      pada instrumen keuangan tidak meningkat secara            on the financial instrument has not increased
      signifikan sejak pengakuan awal, Grup mengukur            significantly since initial recognition, the Group
      penyisihan kerugian untuk instrumen keuangan              measures the loss allowance for that financial
      tersebut sejumlah KKE 12 bulan. Penilaian                 instrument at an amount equal to 12-month
      apakah KKE sepanjang umur harus diakui                    ECL. The assessment of whether lifetime ECL
      didasarkan pada peningkatan signifikan dalam              should be recognized is based on significant
      kemungkinan terjadinya atau pada risiko gagal             increases in the likelihood or risk of a default
      bayar sejak pengakuan awal dan bukan                      occurring since initial recognition instead of on
      didasarkan pada bukti asset keuangan yang                 evidence of a financial asset being credit
      mengalami kerugian kredit pada tanggal                    impaired at the reporting date or an actual
      pelaporan atau kejadian gagal bayar sebenarnya.           default occurring.




                                                           28
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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      KKE sepanjang umur merupakan kerugian kredit               Lifetime ECL represents the expected credit
      ekspektasian yang dihasilkan dari seluruh                  losses that will result from all possible default
      kemungkinan peristiwa gagal bayar selama                   events over the expected life of a financial
      perkiraan umur instrumen keuangan. Sebaliknya,             instrument. In contrast, 12 months ECL
      KKE 12 bulan merupakan porsi dari KKE                      represents the portion of lifetime ECL that is
      sepanjang umur yang diperkirakan timbul dari               expected to result from default events on a
      peristiwa gagal bayar instrumen keuangan yang              financial instrument that are possible within
      mungkin terjadi dalam 12 bulan setelah tanggal             12 months after the reporting date.
      pelaporan.

      Peningkatan risiko kredit secara signifikan                Significant increase in credit risk

      Dalam menilai apakah risiko kredit atas instrumen          In assessing whether the credit risk on a
      keuangan telah meningkat secara signifikan sejak           financial instrument has increased significantly
      pengakuan awal, Grup membandingkan risiko                  since initial recognition, the Group compares
      gagal bayar instrumen keuangan yang terjadi                the risk of a default occurring on the financial
      pada tanggal pelaporan dengan risiko gagal bayar           instrument as at the reporting date with the risk
      pada saat pengakuan awal. Dalam melakukan                  of a default occurring on the financial
      penilaian,   Grup     mempertimbangkan         baik        instrument as at the date of initial recognition.
      informasi kuantitatif maupun informasi kualitatif          In making this assessment, the Group
      yang wajar dan terdukung, termasuk pengalaman              considers both quantitative and qualitative
      historis dan informasi bersifat perkiraan masa             information that is reasonable and supportable,
      depan, yang tersedia tanpa biaya atau upaya                including historical experience and forward
      berlebihan. Informasi masa depan yang                      looking information that is available without
      dipertimbangkan mencakup prospek masa depan                undue cost or effort. Forward-looking
      industri di mana debitur Grup beroperasi, yang             information considered includes the future
      diperoleh dari laporan ahli ekonomi, analis                prospects of the industries in which the Group’s
      keuangan, badan pemerintah, lembaga terkait,               debtors operate, obtained from economic
      dan     organisasi    serupa    lainnya,      serta        expert reports, financial analysts, governmental
      pertimbangan berbagai sumber eksternal aktual              bodies, relevant think-tanks and other similar
      dan prakiraan informasi ekonomi yang terkait               organizations, as well as consideration of
      dengan operasi inti Grup.                                  various external sources of actual and forecast
                                                                 economic information that relate to the Group’s
                                                                 core operations.

      Terlepas dari hasil penilaian di atas, Grup                Irrespective of the outcome of the above
      mengasumsikan bahwa risiko kredit pada aset                assessment, the Group presumes that the
      keuangan telah meningkat secara signifikan sejak           credit risk on a financial asset has increased
      pengakuan awal ketika pembayaran kontrak lebih             significantly since initial recognition when
      dari 30 hari lewat jatuh tempo, kecuali jika Grup          contractual payments are more than 30 days
      memiliki alasan yang masuk akal dan dapat                  past due, unless the Group has reasonable and
      didukung      informasi    yang    menunjukkan             supportable information that demonstrates
      sebaliknya.                                                otherwise.

      Meskipun demikian, Grup mengasumsikan                      Despite the foregoing, the Group assumes that
      bahwa risiko kredit pada instrumen keuangan                the credit risk on a financial instrument has not
      tidak meningkat secara signifikan sejak                    increased significantly since initial recognition if
      pengakuan awal jika instrumen keuangan                     the financial instrument is determined to have
      tersebut ditetapkan memiliki risiko kredit yang            low credit risk at the reporting date. A financial
      rendah pada tanggal pelaporan. Instrumen                   instrument is determined to have low credit
      keuangan bertekad memiliki risiko kredit rendah            risk if:
      jika:

      a.   Instrumen keuangan memiliki risiko gagal              a.   The financial instrument has a low risk of
           bayar yang rendah;                                         default;

      b.   Debitur memiliki kapasitas yang kuat untuk            b.   The debtor has a strong capacity to meet
           memenuhi        kewajiban     arus     kas                 its contractual cash flow obligations in the
           kontraktualnya dalam waktu dekat; dan                      near term; and

      c.   Memburuknya ekonomi dan bisnis dalam                  c.   Adverse changes in economic and
           jangka panjang dapat, tetapi tidak selalu,                 business conditions in the longer term
           menurunkan kemampuan peminjam untuk                        may, but will not necessarily, reduce the
           memenuhi        kewajiban    arus     kas                  ability of the borrower to fulfil its contractual
           kontraktualnya.                                            cash flow obligations.


                                                            29
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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      Grup menganggap aset keuangan memiliki risiko              The Group considers a financial asset to have
      kredit rendah ketika aset memiliki peringkat kredit        low credit risk when the asset has external
      eksternal 'investment grade' sesuai dengan                 credit rating of ‘investment grade’ in
      definisi yang dipahami secara global atau jika             accordance with the globally understood
      peringkat eksternal tidak tersedia, aset tersebut          definition or if an external rating is not available,
      memiliki     peringkat    internal    'performing'.        the asset has an internal rating of ‘performing’.
      Performing berarti bahwa rekanan memiliki posisi           Performing means that the counterparty has a
      keuangan yang kuat dan tidak ada jumlah yang               strong financial position and there is no past
      lewat jatuh tempo.                                         due amounts.

      Grup secara teratur memantau efektivitas kriteria          The Group regularly monitors the effectiveness
      yang digunakan untuk mengidentifikasi apakah               of the criteria used to identify whether there has
      telah terjadi peningkatan risiko kredit yang               been a significant increase in credit risk and
      signifikan dan merevisinya jika perlu untuk                revises them as appropriate to ensure that the
      memastikan bahwa kriteria tersebut mampu                   criteria are capable of identifying significant
      mengidentifikasi peningkatan risiko kredit yang            increase in credit risk before the amount
      signifikan sebelum jumlahnya jatuh tempo.                  becomes past due.

      Definisi gagal bayar                                       Definition of default

      Grup menganggap hal-hal berikut ini merupakan              The Group considers the following as
      peristiwa gagal bayar untuk tujuan manajemen               constituting an event of default for internal
      risiko kredit internal karena pengalaman historis          credit risk management purposes as historical
      menunjukkan bahwa aset keuangan yang                       experience indicates that financial assets that
      memenuhi salah satu kriteria berikut umumnya               meet either of the following criteria are
      tidak dapat dipulihkan:                                    generally not recoverable:

      •   Ketika terdapat pelanggaran persyaratan                •    When there is a breach of financial
          keuangan oleh debitur; atau                                 covenants by the debtor; or

      •   Informasi yang dikembangkan secara                     •    Information developed internally or
          internal atau diperoleh dari sumber eksternal               obtained from external sources indicates
          menunjukkan bahwa debitur kemungkinan                       that the debtor is unlikely to pay its
          tidak akan membayar krediturnya, termasuk                   creditors, including the Group, in full
          Grup,        secara       penuh       (tanpa                (without taking into account any collateral
          memperhitungkan jaminan yang dimiliki oleh                  held by the Group).
          Grup).

      Terlepas dari analisis di atas, Grup menganggap            Irrespective of the above analysis, the Group
      bahwa gagal bayar telah terjadi ketika aset                considers that default has occurred when a
      keuangan telah lewat lebih dari 90 hari, kecuali           financial asset is more than 90 days past due
      jika Grup memiliki informasi yang cukup wajar dan          unless the Group has reasonable and
      dapat terdukung untuk menunjukkan bahwa                    supportable information to demonstrate that a
      kriteria yang lebih panjang lebih tepat.                   more lagging default criterion is more
                                                                 appropriate.

      Aset keuangan memburuk                                     Credit-impaired financial assets

      Aset keuangan mengalami penurunan nilai kredit             A financial asset is credit-impaired when one or
      ketika satu atau lebih peristiwa yang memiliki             more events that have a detrimental impact on
      dampak buruk pada estimasi arus kas masa                   the estimated future cash flows of that financial
      depan dari aset keuangan tersebut telah terjadi.           asset have occurred. Evidence that a financial
      Bukti bahwa aset keuangan mengalami                        asset is credit-impaired includes observable
      penurunan nilai termasuk data yang dapat                   data about the following events:
      diobservasi tentang peristiwa berikut:

      •   kesulitan keuangan yang signifikan dari                •    significant financial difficulty of the issuer
          penerbit atau peminjam.                                     or the borrower.

      •   pelanggaran kontrak, seperti kejadian default          •    a breach of contract, such as a default or
          atau lewat jatuh tempo.                                     past due event.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      •   pihak pemberi pinjaman, untuk alasan                   •   the lender(s) of the borrower, for economic
          ekonomik atau kontraktual sehubungan                       or contractual reasons relating to the
          dengan kesulitan keuangan yang dialami                     borrower’s financial difficulty, having
          pihak peminjam, telah memberikan konsesi                   granted to the borrower a concession(s)
          pada pihak peminjam yang tidak mungkin                     that the lender(s) would not otherwise
          diberikan jika pihak peminjam tidak                        consider.
          mengalami kesulitan tersebut.

      •   terjadi kemungkinan bahwa pihak peminjam               •   it is becoming probable that the borrower
          akan dinyatakan pailit atau melakukan                      will enter bankruptcy or other financial
          reorganisasi keuangan lainnya.                             reorganization.

      •   hilangnya pasar aktif untuk aset keuangan itu          •   the disappearance of an active market for
          karena kesulitan keuangan.                                 that financial asset because of financial
                                                                     difficulties.

      •   pembelian atau penerbitan aset keuangan                •   the purchase or origination of a financial
          dengan diskon sangat besar yang                            asset at a deep discount that reflects the
          mencerminkan kerugian kredit yang terjadi.                 incurred credit losses.

      Kebijakan penghapusan                                      Write-off policy

      Grup menghapus aset keuangan ketika terdapat               The Group writes off a financial asset when
      informasi yang mengindikasikan bahwa debitur               there is information indicating that the debtor is
      dalam kesulitan keuangan yang parah dan tidak              in severe financial difficulty and there is no
      ada prospek pemulihan yang realistis, misalnya             realistic prospect of recovery, e.g., when the
      ketika debitur telah ditempatkan dalam likuidasi           debtor has been placed under liquidation or has
      atau telah memasuki proses kebangkrutan, atau              entered into bankruptcy proceedings, or in the
      dalam hal piutang dagang, ketika jumlahnya lebih           case of trade accounts receivable, when the
      dari satu tahun yang lewat jatuh tempo, mana               amounts are over one years past due,
      yang terjadi lebih cepat. Aset keuangan yang               whichever occurs sooner. Financial assets
      dihapuskan masih dapat dikenakan kegiatan                  written off may still be subject to enforcement
      penegakan hukum berdasarkan prosedur                       activities under the Group’s recovery
      pemulihan Grup, dengan mempertimbangkan                    procedures, taking into account legal advice
      nasihat hukum yang sesuai. Setiap pemulihan                where appropriate. Any recoveries made are
      yang dilakukan diakui pada laba rugi.                      recognized in profit or loss.

      Pengukuran dan pengakuan atas kerugian kredit              Measurement and recognition of expected
      yang diharapkan                                            credit losses

      Pengukuran kerugian kredit ekspektasian                    The measurement of expected credit losses is
      merupakan fungsi dari probability of default, loss         a function of the probability of default, loss
      given default (yaitu besarnya kerugian jika terjadi        given default (i.e., the magnitude of the loss if
      gagal bayar) dan eksposur pada gagal bayar.                there is a default) and the exposure at default.
      Penilaian probability of default dan loss given            The assessment of the probability of default
      default berdasarkan data historis yang                     and loss given default is based on historical
      disesuaikan dengan informasi masa depan                    data adjusted by forward-looking information as
      seperti dijelaskan di atas. Adapun eksposur atas           described above. As for the exposure at
      gagal bayar, untuk aset keuangan, diwakili oleh            default, for financial assets, this is represented
      nilai tercatat bruto aset pada tanggal pelaporan;          by the assets’ gross carrying amount at the
      untuk kontrak jaminan keuangan, eksposur                   reporting date; for financial guarantee
      mencakup jumlah yang ditarik pada tanggal                  contracts, the exposure includes the amount
      pelaporan, ditambah dengan jumlah yang                     drawn down as at the reporting date, together
      diperkirakan akan ditarik di masa depan sebelum            with any additional amounts expected to be
      tanggal gagal bayar yang ditentukan berdasarkan            drawn down in the future by default date
      tren historis, pemahaman Grup mengenai                     determined based on historical trend, The
      kebutuhan pembiayaan masa depan yang                       Group’s understanding of the specific future
      spesifik dari debiturnya, dan informasi perkiraan          financing needs of the debtors, and other
      masa depan lainnya yang relevan.                           relevant forward-looking information.




                                                            31
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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      Untuk    aset     keuangan,    kerugian   kredit          For financial assets, the expected credit loss is
      ekspektasian merupakan selisih antara arus kas            estimated as the difference between all
      kontraktual yang jatuh tempo kepada Grup sesuai           contractual cash flows that are due to the
      dengan kontrak, dan arus kas yang diperkirakan            Group in accordance with the contract and all
      akan diterima Grup, didiskontokan dengan suku             the cash flows that the Group expect to receive,
      bunga efektif awal.                                       discounted at the original effective interest rate.

      Apabila KKE sepanjang umur diukur secara                  Where lifetime ECL is measured on a collective
      kolektif untuk memenuhi dimana bukti kenaikan             basis to cater for cases where evidence of
      signifikan risiko kredit pada level intrumen              significant increases in credit risk at the
      individual tidak tersedia, dalam hal ini instrumen        individual instrument level may not yet be
      keuangan dikelompokkan dengan dasar sebagai               available, the financial instruments are grouped
      berikut:                                                  on the following basis:

      •   jenis instrumen keuangan (piutang usaha,              •    nature of financial instruments (i.e., The
          piutang lain-lain dan jumlah tagihan kepada                Group’s trade and other receivables and
          pelanggan yang masing-masing dinilai                       amounts due from customers are each
          sebagai Grup terpisah. Piutang pihak                       assessed as a separate group. Loans to
          berelasi yang dinilai untuk kerugian kredit                related parties are assessed for expected
          ekspektasian atas dasar individual);                       credit losses on an individual basis);

      •   status jatuh tempo;                                   •    past-due status;

      •   sifat, besaran dan jenis industri debitur;            •    nature, size, and industry of debtors;

      •   peringkat kredit eksternal jika tersedia.             •    external credit ratings where available.

      Pengelompokkan ditelaah secara teratur oleh               The grouping is regularly reviewed by
      manajemen untuk memastikan setiap kelompok                management to ensure the constituents of each
      mempunyai karakteristik risiko yang sama.                 group continue to share similar credit risk
                                                                characteristics.

      Jika Grup mengukur penyisihan kerugian                    If the Group have measured the loss allowance
      instrumen keuangan pada jumlah yang sama                  for a financial instrument at an amount equal to
      dengan KKE sepanjang umur periode pelaporan               lifetime ECL in the previous reporting period but
      sebelumnya, namun menentukan bahwa untuk                  determines at the current reporting date that the
      periode sekarang, kondisi KKE sepanjang umur              conditions for lifetime ECL are no longer met,
      tidak terpenuhi lagi, maka Grup mengukur                  the Group measure the loss allowance at an
      penyisihan kerugian pada jumlah yang sama                 amount equal to 12 months ECL at the current
      dengan KKE 12 bulan pada periode pelaporan                reporting date.
      berjalan.
      Grup mengakui keuntungan atau kerugian                    The Group recognize an impairment gain or
      penurunan nilai dalam laba rugi untuk semua               loss in profit or loss for all financial instruments
      instrumen keuangan dengan menyesuaikan                    with a corresponding adjustment to their
      jumlah tercatat melalui akun penyisihan kerugian.         carrying amount through a loss allowance.

      Penghentian pengakuan aset keuangan                       Derecognition of financial assets

      Grup menghentikan pengakuan aset keuangan                 The Group derecognize a financial asset only
      hanya jika hak kontraktual atas arus kas yang             when the contractual rights to the cash flows
      berasal dari aset keuangan berakhir, atau aset            from the asset expire, or when it transfers the
      keuangan dialihkan dan secara substansial                 financial asset and substantially all the risks
      seluruh risiko dan manfaat atas kepemilikan aset          and rewards of ownership of the asset to
      keuangan dialihkan ke pihak lain. Jika Grup tidak         another party. If the Group neither transfer nor
      mentransfer atau menahan secara substansial               retain substantially all the risks and rewards of
      seluruh risiko dan manfaat atas kepemilikan dan           ownership and continues to control the
      mempertahankan pengendalian atas aset yang                transferred asset, the Group recognize their
      ditransfer, maka Grup mengakui hak dalam aset             retained interest in the asset and an associated
      yang ditahan dan mengakui kewajiban sebesar               liability for amounts it may have to pay. If the
      jumlah yang mungkin harus dibayar. Jika Grup              Group retain substantially all the risks and
      menahan secara substansial seluruh risiko dan             rewards of ownership of a transferred financial
      manfaat atas pemilikan aset keuangan yang                 asset, The Group continues to recognize the
      ditransfer, maka Grup tetap mengakui aset                 financial asset and also recognizes a
      keuangan dan juga mengakui pinjaman terjamin              collateralised borrowing for the proceeds
      sebesar dana diterima.                                    received.


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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      Pada penghentian pengakuan aset keuangan                  On derecognition of a financial asset measured
      yang diukur pada biaya perolehan diamortisasi,            at amortized cost, the difference between the
      selisih antara jumlah tercatat aset dan jumlah            asset’s carrying amount and the sum of the
      pembayaran diterima dan piutang diakui dalam              consideration received and receivable is
      laba rugi.                                                recognized in profit or loss.

      Liabilitas Keuangan dan Instrumen Ekuitas                 Financial Liabilities and Equity Instruments

      Klasifikasi sebagai utang atau ekuitas                    Classification as debt or equity

      Instrumen utang atau ekuitas yang diterbitkan             Debt and equity instruments issued by the
      oleh Grup direklasifikasi sebagai liabilitas              Group are classified as either financial liabilities
      keuangan atau ekuitas sesuai substansi                    or as equity in accordance with the substance
      pengaturan kontraktual dan sesuai dengan                  of the contractual arrangements and the
      definisi dari liabilitas keuangan dan instrumen           definitions of a financial liability and an equity
      ekuitas.                                                  instrument.

      Instrumen ekuitas                                         Equity instruments

      Instrumen ekuitas adalah setiap kontrak yang              An equity instrument is any contract that
      membuktikan hak residual dalam aset suatu                 evidences a residual interest in the assets of an
      entitas setelah dikurangi dengan seluruh                  entity after deducting all its liabilities. Equity
      liabilitasnya. Instrumen ekuitas yang diterbitkan         instruments issued by a group entity are
      suatu Grup entitas diakui sebesar dana diterima,          recognized at the proceeds received, net of
      setelah dikurangi biaya langsung penerbitannya.           direct issue costs.

      Liabilitas keuangan                                       Financial liabilities

      Liabilitas keuangan diklasifikasikan sebagai              Financial liabilities are classified as either
      FVTPL atau pada biaya perolehan diamortisasi              financial liabilities “at FVTPL” or “at amortized
      menggunakan metode suku bunga efektif.                    cost” using the effective interest method.

      Liabilitas keuangan yang diukur pada FVTPL                Financial liabilities at FVTPL

      Liabilitas keuangan diklasifikasi FVTPL ketika            Financial liabilities are classified as at FVTPL
      liabilitas keuangan merupakan 1) imbalan                  when the financial liability is 1) contingent
      kontinjen yang diakui oleh pihak pengakuisisi             consideration of an acquirer in a business
      dalam kombinasi bisnis ketika PSAK 103                    combination to which PSAK 103 applies, 2)
      diterapkan, 2) dimiliki untuk diperdagangkan,             held for trading, or 3) it is designated as at
      atau 3) ditetapkan sebagai FVTPL.                         FVTPL.

      Liabilitas   keuangan         dimiliki     untuk          A financial liability is classified as held for
      diperdagangkan jika:                                      trading if:

      •   diperoleh terutama untuk tujuan         dibeli        •    it has been acquired principally for the
          kembali dalam waktu dekat; atau                            purpose of repurchasing in the near term;
                                                                     or

      •   pada pengakuan awal merupakan bagian                  •    on initial recognition it is part of an
          dari portofolio instrumen keuangan tertentu                identified portfolio of financial instruments
          yang dikelola Grup secara bersama dan                      that the Group manages together and has
          terdapat bukti mengenai pola ambil untung                  a recent actual pattern of short-term profit-
          dalam jangka pendek aktual saat ini; atau                  taking; or

      •   merupakan derivatif yang tidak ditetapkan             •    it is a derivative that is not designated and
          dan tidak efektif sebagai instrumen lindung                effective as a hedging instrument.
          nilai.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      Liabilitas keuangan selain liabilitas keuangan             A financial liability other than a financial liability
      yang diperdagangkan dapat ditetapkan sebagai               held for trading may be designated as at FVTPL
      FVTPL pada saat pengakuan awal jika:                       upon initial recognition if:

      •   mengeliminasi atau mengurangi secara                   •    such designation eliminates or significantly
          signifikan inkonsistensi pengukuran dan                     reduces a measurement or recognition
          pengakuan yang dapat timbul; atau                           inconsistency that would otherwise arise;
                                                                      or

      •   liabilitas keuangan membentuk bagian dari              •    the financial liability forms part of a group
          kelompok aset keuangan, liabilitas keuangan                 of financial assets or financial liabilities or
          atau keduanya dikelola dan kinerjanya                       both which is managed and its
          dievaluasi berdasarkan nilai wajar, sesuai                  performance is evaluated on a fair value
          dengan manajemen risiko atau strategi                       basis in accordance with a documented
          investasi yang didokumentasikan dan                         risk management or investment strategy,
          informasi     tentang  kelompok      tersebut               and information about the grouping is
          disediakan secara internal.                                 provided internally on that basis.

      •   Merupakan          bagian     kontrak   yang           •    It forms part of a contract containing one or
          mengandung satu atau lebih derivatif                        more      embedded       derivatives,    and
          melekat, dan PSAK 239 atau PSAK 109                         PSAK 239 or PSAK 109 permits the entire
          mengizinkan seluruh kontrak gabungan (aset                  combined contract (asset or liability) to be
          atau liabilitas) ditetapkan sebagai FVTPL.                  designated as at FVTPL.

      Pengukuran selanjutnya liabilitas keuangan pada            Subsequent measurement of financial liabilities
      FVTPL                                                      at FVTPL

      Liabilitas keuangan pada FVTPL diukur pada nilai           Financial liabilities at FVTPL are measured at
      wajar, dengan keuntungan atau kerugian yang                fair value, with any gains or losses arising on
      timbul atas perubahan nilai wajar diakui dalam             changes in fair value recognized in profit or loss
      laporan laba rugi sepanjang hal tersebut tidak             to the extent that they are not part of a
      menjadi bagian dari hubungan lindung nilai yang            designated hedging relationship. The net gain
      ditentukan. Keuntungan atau kerugian bersih                or loss recognized in profit or loss incorporates
      yang diakui dalam laba rugi menggabungkan                  any interest paid on the financial liability and is
      setiap bunga yang dibayarkan atas liabilitas               included in the “other gains and losses” line
      keuangan dan termasuk dalam bagian                         item (Note 35) in profit or loss.
      “keuntungan dan kerugian lain-lain” (Catatan 35)
      dalam laporan laba rugi.

      Namun, untuk liabilitas keuangan yang                      However, for financial liabilities that are
      ditetapkan pada FVTPL, jumlah perubahan nilai              designated as at FVTPL, the amount of change
      wajar      liabilitas  keuangan      yang    dapat         in the fair value of the financial liability that is
      diatribusikan pada perubahan risiko kredit                 attributable to changes in the credit risk of that
      liabilitas diakui dalam penghasilan komprehensif           liability is recognized in other comprehensive
      lain, kecuali jika pengakuan dampak risiko kredit          income, unless the recognition of the effects of
      di penghasilan komprehensif lain akan                      changes in the liability’s credit risk in other
      menciptakan atau memperbesar inkonsistensi                 comprehensive income would create or enlarge
      akuntansi dalam laba rugi. Sisa perubahan dari             an accounting mismatch in profit or loss. The
      nilai wajar atas liabilitas diakui dalam laba rugi.        remaining amount of change in the fair value of
      Perubahan nilai wajar yang dapat diatribusikan             liability is recognized in profit or loss. Changes
      pada risiko kredit liabilitas keuangan yang diakui         in fair value attributable to a financial liability’s
      dalam penghasilan komprehensif lain tidak akan             credit risk that are recognized in other
      direklasifikasi ke laba rugi; sebaliknya,                  comprehensive income are not subsequently
      perubahan tersebut dipindahkan ke saldo laba               reclassified to profit or loss; instead, they are
      pada saat penghentian pengakuan liabilitas                 transferred to retained earnings upon
      keuangan.                                                  derecognition of the financial liability.

      Keuntungan atau kerugian dari kontrak jaminan              Gains or losses on financial guarantee
      keuangan yang diterbitkan oleh Grup yang                   contracts issued by the Group that are
      ditetapkan oleh Grup sebagai FVTPL diakui                  designated by the Group as at FVTPL are
      dalam laba rugi. Nilai wajar ditentukan dengan             recognized in profit or loss. Fair value is
      cara yang dijelaskan dalam Catatan 44.                     determined in the manner described in Note 44.



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PT PETROSEA Tbk DAN ENTITAS ANAK                                    PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                     FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                 ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                    – Continued

      Liabilitas keuangan diukur pada biaya perolehan               Financial liabilities measured at amortized cost
      yang diamortisasi

      Liabilitas keuangan yang bukan merupakan                      Financial liabilities that are not 1) contingent
      1) imbalan kontinjen dari pihak pengakuisisi                  consideration of an acquirer in a business
      dalam kombinasi bisnis, 2) dimiliki untuk                     combination,        2)     held-for-trading   or
      diperdagangkan atau 3) ditetapkan sebagai                     3) designated as at FVTPL, are subsequently
      FVTPL, selanjutnya diukur pada biaya perolehan                measured at amortized cost using the effective
      diamortisasi dengan menggunakan metode suku                   interest method.
      bunga efektif.

      Metode suku bunga efektif                                     Effective interest method

      Metode suku bunga efektif adalah metode yang                  The effective interest method is a method of
      digunakan untuk menghitung biaya perolehan                    calculating the amortized cost of a financial
      diamortisasi dari liabilitas keuangan dan metode              liability and of allocating interest expense over
      untuk mengalokasikan biaya bunga selama                       the relevant period. The effective interest rate
      periode yang relevan. Suku bunga efektif adalah               is the rate that exactly discounts estimated
      suku bunga yang secara tepat mendiskontokan                   future cash payments (including all fees and
      estimasi pembayaran kas masa depan                            points paid or received that form an integral part
      (mencakup seluruh komisi dan bentuk lain yang                 of the effective interest rate, transaction costs
      dibayarkan dan diterima yang merupakan bagian                 and other premiums or discounts) through the
      yang tak terpisahkan dari suku bunga efektif,                 expected life of the financial liability, or (where
      biaya transaksi dan premium dan diskonto                      appropriate) a shorter period to the net carrying
      lainnya) selama perkiraan umur liabilitas                     amount on initial recognition.
      keuangan, atau (jika lebih tepat) digunakan
      periode yang lebih singkat untuk memperoleh nilai
      tercatat bersih pada saat pengakuan awal.

      Keuntungan dan kerugian kurs mata uang asing                  Foreign exchange gains and losses

      Untuk liabilitas keuangan dalam mata uang asing               For financial liabilities that are denominated in
      dan diukur pada biaya perolehan diamortisasi                  a foreign currency and are measured at
      pada setiap tanggal pelaporan, keuntungan atau                amortized cost as at each reporting date, the
      kerugian kurs mata uang asing ditentukan                      foreign exchange gains and losses are
      berdasarkan biaya perolehan diamortisasi dari                 determined based on the amortized cost of the
      instrumen. Keuntungan atau kerugian kurs mata                 instruments. These foreign exchange gains
      uang asing diakui dalam laba rugi untuk liabilitas            and losses are recognized in profit or loss for
      keuangan yang tidak merupakan bagian dari                     financial liabilities that are not part of a
      hubungan lindung nilai ditetapkan. Bagi mereka                designated hedging relationship. For those
      yang ditetapkan sebagai instrumen lindung nilai               which are designated as a hedging instrument
      untuk lindung nilai atas risiko mata uang asing,              for a hedge of foreign currency risk, foreign
      keuntungan dan kerugian selisih kurs diakui                   exchange gains and losses are recognized in
      dalam pendapatan komprehensif lain dan                        other comprehensive income and accumulated
      diakumulasikan dalam komponen ekuitas yang                    in a separate component of equity.
      terpisah.

      Nilai wajar liabilitas keuangan dalam mata uang               The fair value of financial liabilities
      asing ditentukan dalam mata uang asing tersebut               denominated in a foreign currency is
      dan dijabarkan pada kurs yang berlaku pada                    determined in that foreign currency and
      akhir periode pelaporan.                                      translated at the spot rate at the end of the
                                                                    reporting period.

      Penghentian pengakuan liabilitas keuangan                     Derecognition of financial liabilities

      Grup     menghentikan      pengakuan        liabilitas        The Group derecognizes financial liabilities
      keuangan, jika dan hanya jika, liabilitas keuangan            when, and only when, the financial liabilities are
      tersebut dilepaskan, dibatalkan atau kadaluarsa.              discharged, cancelled or they expire. The
      Selisih antara jumlah tercatat liabilitas keuangan            difference between the carrying amount of the
      yang dihentikan pengakuannya dan imbalan                      financial liability derecognized and the
      yang dibayarkan, termasuk aset nonkas yang                    consideration paid, including any non-cash
      transfer atau liabilitas yang ditanggung, diakui              assets transferred or liabilities assumed, is
      dalam laba rugi.                                              recognized in profit or loss.



                                                               35
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Ketika Grup bertukar dengan pemberi pinjaman                   When the Group exchanges with the existing
        yang ada, satu instrumen utang menjadi                         lender one debt instrument into another one
        instrumen lain dengan persyaratan yang berbeda                 with the substantially different terms, such
        secara substansial, pertukaran tersebut dicatat                exchange        is   accounted     for   as    an
        sebagai pelunasan liabilitas keuangan asli dan                 extinguishment of the original financial liability
        pengakuan liabilitas keuangan baru. Demikian                   and the recognition of a new financial liability.
        pula,    Grup      memperhitungkan     modifikasi              Similarly, the Group accounts for substantial
        substansial dari ketentuan liabilitas yang ada                 modification of terms of an existing liability or
        atau bagian dari liabilitas tersebut sebagai                   part of it as an extinguishment of the original
        pelepasan liabilitas keuangan awal dan                         financial liability and the recognition of a new
        pengakuan liabilitas baru. Diasumsikan bahwa                   liability. It is assumed that the terms are
        persyaratannya berbeda secara substansial jika                 substantially different if the discounted present
        nilai sekarang yang didiskontokan dari arus kas                value of the cash flows under the new terms,
        berdasarkan ketentuan yang baru, termasuk                      including any fees paid net of any fees received
        biaya yang dibayarkan setelah dikurangi biaya                  and discounted using the original effective rate
        yang diterima dan didiskontokan menggunakan                    is at least 10 percent different from the
        tarif efektif asli sekurang-kurangnya 10 persen                discounted present value of the remaining cash
        berbeda dari hadiah yang didiskontokan nilai sisa              flows of the original financial liability. If the
        arus kas dari liabilitas keuangan asli. Jika                   modification is not substantial, the difference
        modifikasi tidak substansial, perbedaan antara:                between: (1) the carrying amount of the liability
        (1) jumlah tercatat liabilitas sebelum modifikasi;             before the modification; and (2) the present
        dan (2) nilai sekarang dari arus kas setelah                   value of the cash flows after modification is
        modifikasi diakui dalam laporan laba rugi sebagai              recognized in profit or loss as the modification
        keuntungan atau kerugian modifikasi dalam                      gain or loss within other gains and losses.
        keuntungan dan kerugian lainnya.

   h.   Kas dan Setara Kas                                        h.   Cash and Cash Equivalents

        Untuk tujuan penyajian arus kas, kas dan setara                For cash flow presentation purposes, cash and
        kas terdiri dari kas, bank dan semua investasi                 cash equivalents consist of cash on hand and
        yang jatuh tempo dalam waktu tiga bulan atau                   in banks and all unrestricted investments with
        kurang dari tanggal perolehannya dan yang tidak                maturities of three-months or less from the date
        dijaminkan serta tidak dibatasi penggunaannya.                 of placement.

   i.   Kepemilikan dalam Operasi Bersama                         i.   Interest in Joint Operations

        Operasi bersama adalah pengaturan bersama                      A joint operation is a joint arrangement whereby
        dimana para pihak yang memiliki pengendalian                   the parties that have joint control of the
        bersama atas pengaturan memiliki hak atas aset                 arrangement have rights to the assets, and
        dan kewajiban terhadap liabilitas terkait dengan               obligations for the liabilities, relating to the
        pengaturan tersebut. Pengendalian bersama                      arrangement. Joint control is the contractually
        adalah persetujuan kontraktual untuk berbagi                   agreed sharing of control of an arrangements
        pengendalian atas suatu pengaturan, yang ada                   which exists only when decisions about the
        hanya ketika keputusan mengenai aktivitas                      relevant activities require unanimous consent of
        relevan mensyaratkan persetujuan dengan suara                  the parties sharing control.
        bulat dari seluruh pihak yang berbagi
        pengendalian.

        Ketika entitas Grup melakukan kegiatan                         When a Group entity undertakes its activities
        berdasarkan operasi bersama, Grup sebagai                      under joint operations, the Group as a joint
        operator bersama mengakui hal berikut terkait                  operator recognizes in relation to its interest in
        dengan kepentingannya dalam operasi bersama:                   a joint operation:

        •   Aset, mencakup bagiannya atas setiap aset                  •   Its assets, including its share of any assets
            yang dimiliki bersama.                                         held jointly.

        •   Liabilitas, mencakup bagiannya atas liabilitas             •   Its liabilities, including its share of any
            yang terjadi bersama.                                          liabilities incurred jointly.

        •   Pendapatan dari penjualan bagiannya atas                   •   Its revenue from the sale of its share of the
            output yang dihasilkan dari operasi bersama.                   output arising from the joint operation.




                                                             36
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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        •   Bagiannya atas pendapatan dari penjualan                    •   Its share of the revenue from the sale of
            output oleh operasi bersama, dan                                the output by the joint operation; and

        •   Beban, mencakup bagiannya atas setiap                       •   Its expenses, including its share of any
            beban yang terjadi secara bersama-sama.                         expenses incurred jointly.

        Grup mencatat aset, liabilitas, pendapatan dan                  The Group accounts for the assets, liabilities,
        beban terkait dengan kepentingannya dalam                       revenues, and expenses relating to its interest
        operasi bersama sesuai dengan PSAK yang                         in a joint operation in accordance with the
        dapat   diterapkan   untuk      aset,  liabilitas,              PSAKs applicable to the particular assets,
        pendapatan dan beban tertentu.                                  liabilities, revenues and expenses.

        Ketika entitas Grup melakukan transaksi dengan                  When a Group entity transacts with a joint
        operasi bersama yang entitas Grup tersebut                      operation in which a Group entity is a joint
        bertindak    sebagai   salah    satu   operator                 operator (such as a sale or contribution of
        bersamanya (seperti penjualan atau kontribusi                   assets), the Group is considered to be
        aset), Grup melakukan transaksi dengan pihak                    conducting the transaction with the other
        lain dalam operasi bersama dan, dengan                          parties to the joint operation, and gains and
        demikian,     operator   bersama     mengakui                   losses resulting from the transactions are
        keuntungan dan kerugian yang dihasilkan dari                    recognized in the Group’s consolidated
        transaksi diakui di dalam laporan keuangan                      financial statements only to the extent of other
        konsolidasian Grup tersebut hanya sebatas                       parties’ interests in the joint operation.
        kepentingan para pihak lain dalam operasi
        bersama.

        Ketika entitas Grup melakukan transaksi dengan                  When a Group entity transacts with a joint
        operasi bersama yang entitas tersebut bertindak                 operation in which a Group entity is a joint
        sebagai salah satu operator bersamanya (seperti                 operator (such as a purchase of assets), the
        pembelian aset), Grup tidak mengakui bagian                     Group does not recognize its share of the gains
        keuntungan dan kerugiannya sampai Grup                          and losses until it resells those assets to a third
        menjual kembali aset tersebut kepada pihak                      party.
        ketiga.

   j.   Persediaan                                                 j.   Inventories

        Persediaan yang terdiri atas suku cadang dan                    Inventories consist of spare parts and supplies,
        bahan pembantu, batubara termal, bahan bakar,                   thermal coal, fuel and others are recognized at
        dan lainnya diakui berdasarkan yang lebih rendah                the lower of cost and net realizable value. Cost
        antara biaya perolehan atau nilai realisasi bersih.             is determined using the weighted average
        Biaya perolehan ditentukan dengan metode rata-                  method.
        rata tertimbang.

        Biaya perolehan batubara termal mencakup                        Cost of thermal coal, includes an appropriate
        alokasi komponen biaya bahan baku, tenaga                       allocation of material costs, labor costs and
        kerja, dan biaya tidak langsung yang berkaitan                  overhead costs related to mining activities.
        dengan aktivitas pertambangan.

        Nilai realisasi bersih merupakan estimasi harga                 Net realizable value represents the estimated
        jual dari persediaan dikurangi seluruh biaya                    selling price for inventories less all estimated
        penyelesaian dan estimasi biaya yang diperlukan                 costs of completion and costs necessary to
        untuk penjualan. Penyisihan untuk persediaan                    make the sale. The provision for obsolete and
        usang dan yang pergerakannya lambat                             slow moving inventories is determined on the
        ditentukan berdasarkan estimasi penggunaan                      basis of estimated future usage of individual
        masing-masing jenis persediaan pada masa                        inventory items.
        mendatang.

   k.   Beban Dibayar Dimuka                                       k.   Prepaid Expenses

        Beban dibayar dimuka diamortisasi selama                        Prepaid expenses are amortized over their
        manfaat   masing-masing      biaya dengan                       beneficial periods using the straight-line
        menggunakan metode garis lurus.                                 method.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                           – Continued

   l.   Aset Tetap - Pemilikan Langsung                               l.   Property, Plant and Equipment - Direct
                                                                           Acquisitions

        Aset tetap yang dimiliki untuk digunakan dalam                     Property, plant and equipment held for use in
        produksi atau penyediaan barang atau jasa atau                     the production or supply of goods or services,
        untuk tujuan administratif dicatat berdasarkan                     or for administrative purposes, are stated at
        biaya perolehan setelah dikurangi akumulasi                        cost, less accumulated depreciation and any
        penyusutan dan akumulasi kerugian penurunan                        accumulated impairment losses.
        nilai.

        Penyusutan diakui sebagai penghapusan biaya                        Depreciation is recognized so as to write-off the
        perolehan aset dikurangi nilai residu dengan                       cost of assets less residual values using the
        menggunakan metode garis lurus berdasarkan                         straight-line method based on the estimated
        taksiran masa manfaat ekonomis aset tetap                          useful lives of the assets as follows:
        sebagai berikut:

                                                      Tahun/ Years

        Gedung dan perbaikan gedung                          8 - 20        Buildings and improvements
        Alat berat, peralatan dan kendaraan                  4 - 18        Plant, equipment and vehicles
        Perabotan dan perlengkapan                            4-5          Furniture and fixtures
        Kapal                                                  20          Vessels

        Beberapa komponen dari alat berat, peralatan                       Certain components of plant, equipment, and
        dan    kendaraan    disusutkan atas   dasar                        vehicles are depreciated using hourly utilization
        penggunaan jam kerja selama taksiran umur                          basis over their estimated operating life.
        operasi komponen tersebut.

        Masa manfaat ekonomis, nilai residu dan metode                     The estimated useful lives, residual values and
        penyusutan direviu setiap akhir tahun dan                          depreciation method are reviewed at each year
        pengaruh dari setiap perubahan estimasi tersebut                   end, with the effect of any changes in estimate
        berlaku prospektif.                                                accounted for on a prospective basis.

        Aset yang telah disusutkan sepenuhnya yang                         Fully depreciated assets still in use are retained
        masih digunakan tetap termasuk dalam laporan                       in the consolidated financial statements.
        keuangan konsolidasian.

        Tanah dinyatakan berdasarkan biaya perolehan                       Land is stated at acquisition cost and is not
        dan tidak disusutkan.                                              depreciated.

        Beban pemeliharaan dan perbaikan dibebankan                        The cost of maintenance and repairs is charged
        pada laba rugi pada saat terjadinya. Biaya-biaya                   to profit or loss as incurred. Other costs
        lain yang terjadi selanjutnya yang timbul untuk                    incurred subsequently to add to, replace part of,
        menambah, mengganti atau memperbaiki aset                          or service an item of property, plant and
        tetap dicatat sebagai biaya perolehan aset jika                    equipment, are recognized as asset if, and only
        dan hanya jika besar kemungkinan manfaat                           if it is probable that future economic benefits
        ekonomis di masa depan berkenaan dengan aset                       associated with the item will flow to the entity
        tersebut akan mengalir ke entitas dan biaya                        and the cost of the item can be measured
        perolehan aset dapat diukur secara andal.                          reliably.

        Aset tetap dihentikan pengakuannya pada saat                       An item of property, plant and equipment is
        pelepasan atau ketika tidak ada manfaat                            derecognized upon disposal or when no future
        ekonomik masa depan yang diharapkan timbul                         economic benefits are expected to arise from
        dari penggunaan aset secara berkelanjutan.                         the continued use of the asset. Any gain or loss
        Keuntungan atau kerugian yang timbul dari                          arising on the disposal or retirement of an item
        pelepasan atau penghentian pengakuan suatu                         of property, plant and equipment is determined
        aset tetap ditentukan sebagai selisih antara hasil                 as the difference between the sales proceeds
        penjualan dan nilai tercatat aset dan diakui dalam                 and the carrying amount of the asset and is
        laba rugi.                                                         recognized in profit or loss.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                     – Continued

      Aset dalam penyelesaian dinyatakan sebesar                     Construction in progress is stated at cost which
      biaya perolehan. Biaya perolehan tersebut                      includes borrowing costs during construction on
      termasuk biaya pinjaman yang terjadi selama                    debts incurred to finance the construction.
      masa pembangunan yang timbul dari utang yang                   Construction in progress is transferred to the
      digunakan untuk pembangunan aset tersebut.                     respective property, plant and equipment
      Aset dalam penyelesaian akan dipindahkan ke                    account when completed and ready for use.
      masing-masing aset tetap yang bersangkutan
      pada saat selesai dan siap digunakan.

   m. Aset Eksplorasi dan Evaluasi                               m. Exploration and Evaluation Assets

      Aktivitas eksplorasi dan evaluasi meliputi                     Exploration and evaluation activity involves the
      pencarian sumber daya batubara, penentuan                      search for coal resources, determination of the
      kelayakan teknis dan penilaian komersial atas                  technical feasibility and assessment of the
      sumber daya mineral spesifik.                                  commercial viability of the mineral resource.

      Pengeluaran eksplorasi dan evaluasi meliputi                   Exploration and evaluation expenditures
      biaya yang berhubungan langsung dengan:                        comprise of costs that are directly attributable
                                                                     to:

      •     perolehan hak untuk eksplorasi;                          •     acquisition of rights to explore;
      •     kajian topografi, geologi, geokimia, dan                 •     topographical, geological, geochemical
            geofisika;                                                     and geophysical studies;
      •     pengeboran eksplorasi;                                   •     exploratory drilling;
      •     pemaritan dan pengambilan contoh; dan                    •     trenching and sampling; and
      •     aktivitas yang terkait dengan evaluasi                   •     activities involved in evaluating the
            kelayakan teknis dan komersial atas                            technical feasibility and commercial
            penambangan sumber daya batubara.                              viability of extracting coal resources.

      Biaya eksplorasi dan evaluasi yang berhubungan                Exploration and evaluation expenditures
      dengan suatu area of interest dibebankan pada                 related to an area of interest is charged as
      saat    terjadinya   kecuali   biaya    tersebut              incurred, unless they are capitalized and
      dikapitalisasi dan ditangguhkan, berdasarkan                  carried forward, on an area of interest basis,
      area of interest, apabila memenuhi salah satu                 provided one of the following conditions is met:
      dari ketentuan berikut ini:

      (i)   biaya tersebut diharapkan dapat diperoleh                (i)   the costs are expected to be recouped
            kembali           melalui        keberhasilan                  through successful development and
            pengembangan dan eksploitasi di area of                        exploitation of the area of interest or,
            interest tersebut atau melalui penjualan atas                  alternatively, by its sale; or
            area of interest tersebut; atau

      (ii) kegiatan eksplorasi dalam area of interest                (ii) exploration activities in the area of interest
           tersebut belum mencapai tahap yang                             have not yet reached the stage which
           memungkinkan penentuan adanya cadangan                         permits a reasonable assessment of the
           terbukti yang secara ekonomis dapat                            existence or otherwise of economically
           diperoleh, serta kegiatan yang aktif dan                       recoverable reserves and active and
           signifikan dalam atau berhubungan dengan                       significant operations in or in relation to the
           area of interest tersebut masih berlanjut.                     area of interest are continuing

      Biaya yang dikapitalisasi mencakup biaya-biaya                Capitalized costs include costs directly related
      yang berkaitan langsung dengan aktivitas                      to exploration and evaluation activities in the
      eksplorasi dan evaluasi pada area of interest                 relevant area of interest. General and
      yang relevan. Biaya umum dan administrasi                     administrative costs are allocated to an
      dialokasikan sebagai aset eksplorasi atau                     exploration or evaluation asset only to the
      evaluasi hanya jika biaya tersebut berkaitan                  extent that those costs can be related directly to
      langsung dengan aktivitas operasional pada area               operational activities in the relevant area of
      of interest yang relevan.                                     interest.

      Aset eksplorasi dan evaluasi dicatat sebesar                  Exploration and evaluation assets are recorded
      harga perolehan dikurangi kerugian penurunan                  at cost less impairment charges. As the asset is
      nilai. Karena belum siap untuk digunakan, aset                not available for use, it is not depreciated.
      tersebut tidak disusutkan.


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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Aset eksplorasi dan evaluasi diuji penurunan                   Exploration and evaluation assets are
        nilainya ketika fakta dan kondisi mengindikasikan              assessed for impairment if facts and
        adanya penurunan nilai. Aset eksplorasi dan                    circumstances indicate that impairment may
        evaluasi juga diuji penurunan nilainya ketika                  exist. Exploration and evaluation assets are
        terjadi penemuan cadangan komersial, sebelum                   also tested for impairment once commercial
        aset     tersebut      dialihkan   ke     properti             reserves are found, before the assets are
        pertambangan.                                                  transferred to mining properties.
   n.   Aset Pertambangan                                         n.   Mining Properties
        Ketika biaya pengembangan lebih lanjut atas                    When further development expenditure is
        properti pertambangan terjadi setelah dimulainya               incurred on a mining property after the
        aktivitas produksi, maka biaya tersebut akan                   commencement of production, the expenditure
        ditangguhkan sebagai bagian dari properti                      is carried forward as part of the mining property
        pertambangan apabila terdapat kemungkinan                      when it is probable that additional future
        besar manfaat ekonomi masa depan tambahan                      economic benefits associated with the
        sehubungan dengan biaya tersebut akan                          expenditure will flow to the Group. Otherwise
        mengalir ke Grup. Jika tidak, biaya tersebut                   this expenditure is classified as a cost of
        dibebankan sebagai biaya produksi.                             production.
        Properti    pertambangan      (termasuk    biaya               Mining properties (including exploration,
        eksplorasi, evaluasi dan pengembangan, dan                     evaluation and development expenditures, and
        pembayaran untuk memperoleh hak atas                           payments to acquire coal rights and leases) are
        batubara dan sewa) diamortisasi menggunakan                    amortized using the units-of-production
        metode unit produksi, dengan perhitungan                       method, with separate calculations being made
        terpisah untuk setiap wilayah kepemilikan. Basis               for each area of interest. The units-of-
        unit produksi menghasilkan pembebanan                          production basis results in an amortization
        amortisasi secara proporsional berdasarkan                     charge proportional to the depletion of the
        deplesi cadangan terbukti dan cadangan terduga.                proved and probable reserves.
        Properti pertambangan diuji penurunan nilai                    Mining properties are tested for impairment
        setiap tahun berdasarkan kebijakan pada                        annually in accordance with the policy
        Catatan 3s.                                                    described in Note 3s.
   o.   Aset Aktivitas Pengupasan Lapisan Tanah                   o.   Stripping Activity Asset
        Rasio pengupasan lapisan tanah tahunan yang                    The annual planned stripping ratio is
        direncanakan ditetapkan berdasarkan rencana                    determined based on current knowledge of the
        pengembangan batubara dan diperkirakan tidak                   disposition of coal resources and is estimated
        akan berbeda jauh dengan rasio pengupasan                      not to be materially different from the long-term
        lapisan    tanah     jangka    panjang     yang                planned stripping ratio. If the actual stripping
        direncanakan. Jika rasio pengupasan lapisan                    ratio exceeds the planned ratio, the excess
        tanah aktual melebihi rasio yang direncanakan,                 stripping costs are recorded in the statements
        kelebihan biaya pengupasan lapisan tanah                       of financial position as deferred stripping costs.
        tersebut akan dibukukan sebagai biaya                          Changes in the planned stripping ratio are
        pengupasan lapisan tanah yang ditangguhkan                     considered as changes in estimates and are
        dalam laporan posisi keuangan. Perubahan atas                  accounted for on a prospective basis.
        rasio yang direncanakan merupakan perubahan
        estimasi dan diterapkan secara prospektif.
        Grup mencatat biaya tersebut sebagai aset                      The Group recognized these costs as a
        aktivitas pengupasan lapisan tanah jika                        stripping activity asset if all of the following
        memenuhi kriteria berikut:                                     criteria are met:
        a.   Besar     kemungkinan   bahwa      manfaat                a.   It is probable that the future economic
             ekonomis masa depan (peningkatan akses                         benefit (improved access to the coal body)
             menuju badan batubara) yang terkait dengan                     associated with the stripping activity will
             aktivitas pengupasan lapisan tanah akan                        flow to the Group;
             mengalir kepada Grup;
        b.   Grup dapat mengidentifikasi komponen                      b.   The Group can identify the components of
             badan batubara yang aksesnya telah                             the coal body for which access has been
             ditingkatkan; dan                                              improved; and
        c.   Biaya yang terkait dengan aktivitas                       c.   The costs relating to the stripping activity
             pengupasan   lapisan  tanah    dengan                          associated with that component can be
             komponen tersebut dapat diukur secara                          measured reliably.
             andal.


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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Aset aktivitas pengupasan lapisan tanah                        Stripping activity assets are included in other
        termasuk dalam aset tidak lancar lainnya.                      non-current assets. Amortization of stripping
        Amortisasi aset aktivitas pengupasan lapisan                   activity asset is included in “Cost of Goods
        tanah termasuk dalam “Beban Pokok Penjualan”.                  Sold”.

   p.   Estimasi   Liabilitas  Pengelolaan           dan          p.   Estimated Liabilities for Environmental
        Reklamasi Lingkungan Hidup                                     Management and Reclamation

        Restorasi, rehabilitasi dan biaya lingkungan                   Restoration,     rehabilitation  and     other
        hidup lainnya yang timbul selama tahap produksi                environmental costs incurred during the
        dibebankan sebagai bagian dari biaya produksi.                 production phase of exploration were expensed
                                                                       as part of production costs.

        Grup memiliki liabilitas tertentu untuk restorasi              The Group has certain obligations to restore
        dan rehabilitasi daerah pertambangan sesudah                   and rehabilitate mining areas following the
        produksi     selesai.     Kewajiban      tersebut              completion of production. Such obligations are
        dicadangkan, sehingga penyisihan tersebut akan                 accrued, so that the accrual will be adequate to
        cukup untuk memenuhi liabilitas yang timbul                    meet those obligations once the productions
        ketika produksi sudah selesai. Perubahan                       process is fully completed. Changes in
        taksiran biaya restorasi dan lingkungan hidup                  estimated restoration and environmental costs
        yang akan terjadi dihitung secara prospektif                   to be incurred are accounted for on a
        berdasarkan sisa umur tambang.                                 prospective basis over the remaining life of the
                                                                       mine.

        Kewajiban lingkungan terdiri dari biaya-biaya                  The environmental obligations consist of costs
        yang berkaitan dengan reklamasi tambang                        associated with mine reclamation during mine
        selama masa operasi, penutupan tambang dan                     operation, mine closure and decommissioning
        pembongkaran dan pemindahan fasilitas dan                      and demobilization of facilities and other
        aktivitas penutupan lainnya.                                   closure activities.

        Provisi untuk estimasi biaya reklamasi tambang                 Provision for estimated costs of mine
        dan penutupan tambang dicatat pada saat: Grup                  reclamation and mine closure is recorded
        memiliki kewajiban hukum atau konstruktif yang                 when: the Group has a present legal or
        timbul sebagai akibat dari peristiwa yang terjadi              constructive obligation as a result of past
        dimasa lalu; besar kemungkinan penyelesaian                    events; it is probable that an outflow of
        kewajiban tersebut mengakibatkan arus keluar                   resources will be required to settle the
        sumber daya; dan jumlahnya dapat diestimasi                    obligation; and the amount can be reliably
        dengan andal.                                                  estimated.

        Provisi diukur pada nilai kini dari perkiraan                  Provision is measured at the present value of
        pengeluaran        yang       diperlukan     untuk             expenditure expected to be required to settle
        menyelesaikan kewajiban, menggunakan tingkat                   the obligation using a pre-tax rate that reflects
        diskonto sebelum pajak yang mencerminkan                       current market assessments of the time value
        penilaian pasar atas nilai waktu uang dan risiko               of money and the risks specific to the
        yang terkait dengan kewajiban tersebut.                        obligation. The increase in the provision due to
        Peningkatan provisi karena berlalunya waktu                    passage of time is recognized in profit or loss
        diakui pada laporan laba rugi sebagai beban                    under finance charges. Changes in the
        keuangan. Perubahan atas estimasi waktu,                       estimated timing or amount of the expenditure
        jumlah pengeluaran atau tingkat diskonto                       or discount rate are accounted for as a change
        diperlakukan sebagai perubahan atas nilai                      in the corresponding capitalized costs. At the
        tercatat aset terkait. Pada kondisi di mana                    time where a reduction in the provision is
        penurunan nilai provisi lebih besar daripada sisa              greater than the undepreciated capitalized cost
        nilai tercatat aset terkait yang belum disusutkan,             of the related assets, the capitalized cost is
        nilai tercatat aset tersebut dikurangkan menjadi               reduced to nil and the remaining adjustment is
        nol dan penyesuaian sisanya dicatat dalam                      recognized in profit or loss.
        laporan laba rugi.




                                                             41
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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

        Provisi untuk pembongkaran, pemindahan, dan                   Provision for decommissioning, demobilization
        restorasi dicatat untuk mengakui kewajiban                    and restoration provides for legal obligations
        hukum yang berkaitan dengan penarikan aset                    associated with the retirement of a tangible
        tetap yang berasal dari akuisisi, pembangunan                 long-lived asset that results from the
        atau pengembangan dan/atau operasi normal                     acquisition, construction or development and/or
        aset tetap. Penarikan aset tetap ini termasuk                 the normal operation of a long-lived asset. The
        penjualan, peninggalan, pendaurulangan atau                   retirement of a long-lived asset includes its sale,
        penghapusan dengan cara lain, bukan                           abandonment, recycling or disposal in some
        dikarenakan penghentian sementara pemakaian.                  other manner, other than temporary removal
                                                                      from service.

        Untuk hal-hal yang berkaitan dengan lingkungan                For environmental issues that may not involve
        yang mungkin tidak berkaitan dengan penarikan                 the retirement of an asset, where the Group is
        aset, dimana Grup merupakan pihak yang                        a responsible party and it is determined that a
        bertanggung jawab atas kewajiban tersebut dan                 liability exists, and amounts can be quantified,
        kewajiban tersebut ada dan jumlahnya bisa                     the Group accrues for the estimated liability. In
        diukur, Grup mencatat estimasi kewajiban                      determining whether a liability exists in respect
        tersebut. Dalam menentukan keberadaan                         of such environmental issues, the Group
        kewajiban yang berkaitan dengan lingkungan                    applies the criteria for liability recognition under
        tersebut, Grup mengacu pada kriteria pengakuan                applicable accounting standards.
        kewajiban sesuai dengan standar akuntansi yang
        berlaku.

   q.   Goodwill                                                 q.   Goodwill

        Goodwill timbul atas akuisisi dari suatu bisnis               Goodwill arising on an acquisition of a business
        yang dicatat pada biaya perolehan yang                        is carried at cost as established at the date of
        ditetapkan pada tanggal akuisisi dari bisnis                  acquisition of the business (see Note 3d above)
        tersebut (lihat Catatan 3d diatas) dikurangi                  less accumulated impairment losses, if any.
        akumulasi penurunan nilai, jika ada.

        Goodwill tidak diamortisasi tetapi direviu untuk              Goodwill is not amortized but is reviewed for
        penurunan nilai setidaknya setiap tahun. Untuk                impairment at least annually. For the purpose
        tujuan uji penurunan nilai, goodwill dialokasikan             of impairment testing, goodwill is allocated to
        pada setiap unit penghasil kas dari Grup (atau                each of the Group’s cash-generating units (or
        kelompok unit penghasil kas) yang diperkirakan                Group of cash-generating units) expected to
        memberikan manfaat dari sinergi kombinasi bisnis              benefit from the synergies of the combination.
        tersebut. Unit penghasil kas yang telah                       A cash-generating unit to which goodwill has
        memperoleh alokasi goodwill diuji penurunan                   been allocated is tested for impairment
        nilainya setiap tahun, atau lebih sering jika                 annually, or more frequently when there is an
        terdapat indikasi bahwa unit penghasil kas                    indication that the unit may be impaired.
        tersebut mungkin mengalami penurunan nilai.

   r.   Aset Tak-Berwujud                                        r.   Intangible Assets

        Aset tak-berwujud yang diperoleh dari kombinasi               Intangible assets acquired in a business
        bisnis, diidentifikasi dan diakui terpisah dari               combination are identified and recognized
        goodwill apabila definisi aset tak-berwujud                   separately from goodwill when they satisfy the
        dipenuhi dan nilai wajarnya dapat diukur secara               definition of an intangible asset and their fair
        andal. Biaya perolehan aset tak-berwujud adalah               value can be measured reliably. The cost of
        nilai wajar pada tanggal perolehan.                           such intangible assets is their fair value at the
                                                                      acquisition date.

        Setelah pengakuan awal, aset tak-berwujud yang                Subsequent to initial recognition, intangible
        diperoleh dari kombinasi bisnis dilaporkan                    assets acquired in a business combination are
        sebesar biaya dikurangi akumulasi amortisasi dan              reported at cost less accumulated amortization
        akumulasi kerugian penurunan nilai.                           and accumulated impairment losses.

        Aset tak-berwujud, selain yang diperoleh dari                 Intangible asset, other than acquired from
        kombinasi     bisnis,   diamortisasi  selama                  business combination, is amortized over
        4 – 10 tahun dengan menggunakan metode garis                  4 – 10 years using the straight-line method.
        lurus.



                                                            42
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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Aset tak-berwujud yang diperoleh dari kombinasi                 Intangible assets acquired from business
        bisnis diamortiasi dengan menggunakan metode                    combination are amortized using straight line
        garis lurus selama umur perizinan tambang untuk                 method over the mining permit life for mining
        hak pertambangan, 3 tahun untuk kontrak dengan                  rights, 3 year for contract with customers and
        pelanggan dan 3 – 11 tahun untuk hubungan                       3 – 11 years for customer relationships.
        dengan pelanggan.

   s.   Penurunan Nilai Aset Nonkeuangan kecuali                   s.   Impairment of Non-financial Assets except
        Goodwill                                                        Goodwill

        Pada tanggal pelaporan, Grup menelaah nilai                     At reporting dates, the Group reviews the
        tercatat aset nonkeuangan untuk menentukan                      carrying amount of non-financial assets to
        apakah terdapat indikasi bahwa aset tersebut                    determine whether there is any indication that
        telah mengalami penurunan nilai. Jika terdapat                  those assets have suffered an impairment loss.
        indikasi tersebut, nilai yang dapat diperoleh                   If any such indication exists, the recoverable
        kembali dari aset diestimasi untuk menentukan                   amount of the asset is estimated in order to
        tingkat kerugian penurunan nilai (jika ada). Bila               determine the extent of the impairment loss
        tidak memungkinkan untuk mengestimasi nilai                     (if any). Where it is not possible to estimate the
        yang dapat diperoleh kembali atas suatu aset                    recoverable amount of an individual asset, the
        individu, Grup mengestimasi nilai yang dapat                    Group estimates the recoverable amount of the
        diperoleh kembali dari unit penghasil kas atas                  cash generating unit to which the asset
        aset. Ketika dasar alokasi yang wajar dan                       belongs. When a reasonable and consistent
        konsisten dapat diidentifikasi, aset perusahaan                 basis of allocation can be identified, corporate
        juga dialokasikan ke masing-masing kelompok                     assets are also allocated to individual cash-
        unit penghasil kas, atau sebaliknya mereka                      generating units, or otherwise they are
        dialokasikan ke kelompok terkecil dari kelompok                 allocated to the smallest group of cash-
        unit penghasil kas di mana dasar alokasi yang                   generating units for which a reasonable and
        wajar dan konsisten dapat diidentifikasi.                       consistent allocation basis can be identified.

        Perkiraan jumlah yang dapat diperoleh kembali                   Estimated recoverable amount is the higher of
        adalah nilai tertinggi antara harga jual neto atau              fair value less cost to sell and value in use. In
        nilai pakai. Dalam menilai nilai pakai, estimasi                assessing value in use, the estimated future
        arus kas masa depan didiskontokan ke nilai kini                 cash flows are discounted to their present value
        menggunakan tingkat diskonto sebelum pajak                      using a pre-tax discount rate that reflects
        yang menggambarkan penilaian pasar kini dari                    current market assessments of the time value
        nilai waktu uang dan risiko spesifik atas aset yang             of money and the risks specific to the asset for
        mana estimasi arus kas masa depan belum                         which the estimates of future cash flows have
        disesuaikan.                                                    not been adjusted.

        Kebijakan akuntansi untuk penurunan nilai aset                  Accounting policy for impairment of financial
        keuangan dijelaskan dalam Catatan 3g,                           assets is discussed in Note 3g, while
        penurunan nilai untuk goodwill dijelaskan dalam                 impairment for goodwill is discussed in Note 3q.
        Catatan 3q.

   t.   Sewa                                                       t.   Leases

        Sebagai penyewa                                                 As lessee

        Grup menilai apakah kontrak merupakan, atau                     The Group assess whether a contract is or
        mengandung sewa pada tanggal insepsi kontrak.                   contains a lease, at inception of the contract.
        Grup mengakui aset hak-guna dan liabilitas sewa                 The Group recognize a right-of-use asset and a
        terkait semua perjanjian sewa, kecuali untuk sewa               corresponding lease liability with respect to all
        jangka pendek (masa sewa 12 bulan atau kurang)                  lease arrangements, except for short-term
        dan sewa dengan aset pendasar bernilai rendah.                  leases (defined as leases with a lease term of
        Untuk kontrak sewa ini, Grup mengakui                           12 months or less) and leases of low value
        pembayaran sewa sebagai beban dengan dasar                      assets. For these leases, the Group recognize
        garis lurus selama masa sewa, kecuali terdapat                  the lease payments as an operating expense
        dasar sistematis lain yang dapat lebih                          on a straight-line basis over the term of the
        mencerminkan pola waktu dari manfaat aset yang                  lease unless another systematic basis is more
        dinikmati pengguna.                                             representative of the time pattern in which
                                                                        economic benefits from the leased assets are
                                                                        consumed.



                                                              43
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PT PETROSEA Tbk DAN ENTITAS ANAK                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                               – Continued

      Liabilitas sewa awalnya diukur pada nilai kini           The lease liability is initially measured at the
      pembayaran sewa yang belum dibayar pada                  present value of the lease payments that are
      tanggal awal sewa, didiskontokan dengan                  not paid at the commencement date,
      menggunakan suku bunga implisit dalam sewa.              discounted by using the rate implicit in the
      Jika suku bunga tersebut tidak dapat ditentukan,         lease. If this rate cannot be readily determined,
      maka Grup menggunakan suku bunga pinjaman                the Group use the incremental borrowing rate
      inkremental khusus untuk penyewa.                        specific to the lessee.

      Pembayaran sewa yang termasuk             dalam          Lease payments included in the measurement
      pengukuran liabilitas sewa meliputi:                     of the lease liability comprise:

      •   Pembayaran     tetap (termasuk  secara               •    Fixed lease payments (including in-
          substansi pembayaran tetap), dikurangi                    substance fixed payments), less any lease
          insentif sewa;                                            incentives;

      •   Pembayaran variabel yang bergantung pada             •    Variable lease payments that depend on
          indeks atau suku bunga, awalnya diukur                    an index or rate, initially measured using
          menggunakan indeks atau suku bunga pada                   the index or rate at the commencement
          tanggal awal sewa;                                        date;

      •   Jumlah yang diperkirakan akan dibayar                •    The amount expected to be payable under
          dalam jaminan nilai residual;                             residual value guarantees;

      •   Harga eksekusi opsi beli, jika cukup pasti           •    The exercise price of purchase options, if it
          untuk mengeksekusi opsi tersebut; dan                     is reasonably certain to exercise the
                                                                    options; and

      •   Pembayaran penalti karena penghentian                •    Payments of penalties for terminating the
          sewa, jika ketentuan sewa merefleksikan                   lease, if the lease term reflects the
          eksekusi opsi untuk menghentikan sewa.                    exercise of an option to terminate the
                                                                    lease.

      Liabilitas sewa disajikan secara terpisah dalam          The lease liability is presented as a separate
      laporan posisi keuangan konsolidasian.                   line in the consolidated statement of financial
                                                               position.

      Liabilitas sewa selanjutnya diukur dengan                The lease liability is subsequently measured by
      meningkatkan      jumlah       tercatat     untuk        increasing the carrying amount to reflect
      merefleksikan bunga atas liabilitas sewa (dengan         interest on the lease liability (using the effective
      menggunakan metode suku bunga efektif) dan               interest method) and by reducing the carrying
      mengurangi jumlah tercatat untuk merefleksikan           amount to reflect the lease payments made.
      sewa yang telah dibayar.

      Grup mengukur kembali liabilitas sewa                    Group remeasures the lease liability
      (dan melakukan penyesuaian terhadap aset hak-            (and makes a corresponding adjustment to the
      guna terkait) apabila:                                   related right-of-use asset) whenever:

      •   Masa sewa dirubah atau terdapat kejadian             •    The lease term has changed or there is a
          signifikan atau perubahan keadaan yang                    significant   event    or     change      in
          mengakibatkan perubahan penilaian atas                    circumstances resulting in a change in the
          opsi membeli aset pendasar, dalam hal ini                 assessment of exercise of a purchase
          liabilitas sewa diukur kembali dengan                     option, in which case the lease liability is
          mendiskontokan pembayaran sewa revisian                   remeasured by discounting the revised
          dengan tingkat diskonto revisian;                         lease payments using a revised discount
                                                                    rate;




                                                          44
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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      •   Pembayaran      sewa      berubah       akibat        •   The lease payments change due to
          perubahan indeks atau suku bunga atau                     changes in an index or rate or a change in
          perubahan jumlah pembayaran yang                          expected payment under a guaranteed
          diharapkan dalam nilai residual terjamin,                 residual value, in which cases the lease
          yang dalam hal ini, liabilitas sewa diukur                liability is remeasured by discounting the
          kembali       dengan        mendiskontokan                revised lease payments using the initial
          pembayaran sewa revisian dengan tingkat                   discount rate (unless the lease payments
          diskonto     awal     (kecuali    perubahan               change is due to a change in a floating
          pembayaran sewa berasal dari perubahan                    interest rate, in which case a revised
          suku bunga mengambang, dalam hal ini                      discount rate is used); or
          digunakan tingkat diskonto revisian); atau

      •   Kontrak sewa dimodifikasi dan modifikasi              •   A lease contract is modified, and the lease
          sewa tersebut tidak dicatat sebagai sewa                  modification is not accounted for as a
          terpisah, yang dalam hal ini liabilitas sewa              separate lease, in which case the lease
          diukur kembali dengan mendiskontokan                      liability is remeasured by discounting the
          pembayaran sewa revisian dengan tingkat                   revised lease payments using a revised
          diskonto revisian pada tanggal efektif                    discount rate at the effective date of the
          modifikasi.                                               modification.

      Grup tidak melakukan penyesuaian seperti itu              The Group did not make any such adjustments
      selama periode yang disajikan.                            during the periods presented.

      Aset hak-guna meliputi jumlah pengukuran awal             The right-of-use assets comprise the initial
      liabilitas sewa, pembayaran sewa yang dilakukan           measurement of the corresponding lease
      pada atau sebelum tanggal awal sewa dikurangi             liability, lease payments made at or before the
      dengan insentif sewa diterima, dan biaya                  commencement date, less any lease incentives
      langsung awal. Selanjutnya, aset hak-guna diukur          received and any initial direct costs. The right-
      pada biaya perolehan dikurangi akumulasi                  of-use assets are subsequently measured at
      depresiasi dan kerugian penurunan nilai.                  cost less accumulated depreciation and
                                                                impairment losses.

      Apabila Grup mempunyai kewajiban untuk biaya              Whenever the Group incur an obligation for
      membongkar dan memindahkan aset pendasar,                 costs to dismantle and remove a leased asset,
      merestorasi tempat aset berada atau merestorasi           restore the site on which it is located or restore
      aset pendasar ke kondisi yang disyaratkan oleh            the underlying asset to the condition required
      syarat dan ketentuan sewa, sepanjang                      by the terms and conditions of the lease, to the
      menyangkut aset hak-guna, maka biaya-biaya                extent the costs are related to a right-of-use
      tersebut dimasukkan sebagai biaya perolehan,              asset, the costs are included in the related
      kecuali biaya-biaya tersebut dikeluarkan untuk            right-of-use asset, unless those costs are
      menghasilkan persediaan.                                  incurred to produce inventories.

      Aset hak-guna didepresiasi selama jangka waktu            Right-of-use assets are depreciated over the
      yang lebih pendek antara masa sewa dan masa               shorter period of lease term and useful life of
      manfaat aset pendasar. Jika sewa mengalihkan              the underlying asset. If a lease transfers
      kepemilikan aset pendasar atau biaya perolehan            ownership of the underlying asset or the cost of
      aset hak-guna merefleksikan bahwa Grup akan               the right-of-use asset reflects that The Group
      mengeksekusi opsi beli, maka aset hak-guna                expects to exercise a purchase option, the
      didepresiasi selama masa manfaat aset                     related right-of-use asset is depreciated over
      pendasar. Depresiasi dimulai dari tanggal awal            the useful life of the underlying asset. The
      sewa.                                                     depreciation starts at the commencement date
                                                                of the lease.

      Aset hak-guna disajikan terpisah dalam laporan            The right-of-use assets are presented as a
      posisi keuangan konsolidasian. Grup menerapkan            separate line in the consolidated statement of
      PSAK 236 Penurunan Nilai Aset untuk                       financial position. The Group applies PSAK 236
      menentukan apakah terdapat penurunan nilai                Impairment of Assets to determine whether a
      aset hak-guna dan pencatatan atas penurunan               right-of-use asset is impaired and accounts for
      nilai aset tetap seperti yang dijelaskan pada             any identified impairment loss as described in
      kebijakan akuntansi atas penurunan aset.                  the impairment of assets policy.




                                                           45
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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      Sewa variabel yang tidak tergantung pada suatu             Variable rents that do not depend on an index
      indeks atau suku bunga, tidak dimasukkan dalam             or rate are not included in the measurement of
      pengukuran liabilitas sewa dan aset hak-guna.              the lease liability and the right-of-use asset.
      Pembayaran tersebut dicatat sebagai beban pada             The related payments are recognized as an
      periode kejadian atau kondisi yang memicu                  expense in the period in which the event or
      pembayaran tersebut terjadi dan dimasukkan                 condition that triggers those payments occurs
      dalam beban operasi lainnya dalam laporan laba             and are included in the line ‘Other operating
      rugi dan penghasilan komprehensif lain.                    expenses’ in the consolidated statement of
                                                                 profit or loss and other comprehensive income.

      Sebagai tindakan praktis, PSAK 116 Sewa                    As a practical expedient, PSAK 116 Leases
      memungkinkan penyewa untuk tidak memisahkan                permits a lessee not to separate non-lease
      komponen nonsewa, dan sebagai gantinya                     components, and instead account for any lease
      memperhitungkan setiap sewa dan komponen                   and associated non-lease components as a
      nonsewa terkait sebagai pengaturan tunggal.                single arrangement. The Group has not used
      Grup belum menggunakan cara praktis ini. Untuk             this practical expedient. For a contract that
      kontrak yang mengandung komponen sewa dan                  contain a lease component and one or more
      satu atau lebih komponen sewa atau nonsewa                 additional lease or non-lease components, the
      tambahan, Grup mengalokasikan pertimbangan                 Group allocates the consideration in the
      dalam kontrak untuk setiap komponen sewa                   contract to each lease component on the basis
      berdasarkan harga relatif berdiri sendiri dari             of the relative stand-alone price of the lease
      komponen sewa dan dudukan agregat harga-                   component and the aggregate stand-alone
      sendiri komponen nonsewa.                                  price of the non-lease components.

      Jual dan sewa-balik                                        Sale and leaseback

      Pada saat Grup mengalihkan aset ke entitas lain            When the Group transfers an asset to another
      dan menyewa kembali aset tersebut, Grup                    entity and leases that asset back, the Group
      mencatat kontrak pengalihan aset dan sewa,                 accounts for the transfer contract and the lease,
      dengan terlebih dahulu menerapkan persyaratan              by first applying the requirements of PSAK 115
      PSAK 115 Pendapatan dengan Kontrak dari                    Revenue from Contracts with Customers when
      Pelanggan ketika kewajiban pelaksanaan                     a performance obligation is satisfied to
      terpenuhi untuk menentukan apakah pengalihan               determine whether the transfer of the asset is
      aset tersebut dapat diakui sebagai penjualan.              accounted for as a sale.

      Jika pengalihan aset memenuhi persyaratan                  If the transfer of asset satisfies the
      PSAK 115 Pendapatan dengan Kontrak dari                    requirements of PSAK 115 Revenue from
      Pelanggan untuk dicatat sebagai penjualan aset,            Contracts with Customers to be accounted for
      maka transaksi tersebut dicatat sebagai berikut:           as a sale, the transaction is accounted for as
                                                                 follows:

      •   Grup mengukur aset hak pakai yang timbul               •   The Group measures the right-of-use
          dari sewa-balik sebesar proporsi nilai tercatat            asset arising from the leaseback at the
          sebelumnya dari aset yang terkait dengan                   proportion of the previous carrying amount
          hak-guna yang dimiliki oleh Grup. Oleh                     of the asset that relates to the right-of-use
          karena    itu,   Grup    hanya      mengakui               assets retained by the Group. Accordingly,
          keuntungan atau kerugian yang terkait                      the Group recognizes only the amount of
          dengan hak yang dialihkan.                                 any gain or loss that relates to the rights
                                                                     transferred.

      Jika nilai wajar imbalan penjualan aset tidak sama         If the fair value of the consideration for the sale
      dengan nilai wajar aset, atau jika pembayaran              of an asset does not equal the fair value of the
      sewa tidak menggunakan harga pasar, Grup                   asset, or if the payments for the lease are not
      membuat penyesuaian berikut untuk mengukur                 at market rates, the Group makes the following
      hasil penjualan pada nilai wajar:                          adjustments to measure the sale proceeds at
                                                                 fair value:

      •   Seluruh keadaan di bawah pasar diakui                  •   Any below-market terms accounted for as
          sebagai pembayaran dimuka; dan                             a prepayment of lease payments; and

      •   Seluruh keadaan di atas pasar diakui sebagai           •   Any above-market terms accounted for as
          tambahan pembiayaan dari lessor kepada                     additional financing provided by the lessor
          lessee.                                                    to the lessee.


                                                            46
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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Jika pengalihan aset tidak memenuhi persyaratan                 If the transfer of asset does not satisfy the
        PSAK 115 Pendapatan dengan Kontrak dari                         requirements of PSAK 115 Revenue from
        Pelanggan untuk dicatat sebagai penjualan, Grup                 Contracts with Customers to be accounted for
        tetap mengakui aset yang dialihkan dan mengakui                 as a sale, the Group continues to recognize the
        liabilitas keuangan yang setara dengan hasil                    transferred asset and recognizes a financial
        transfer.                                                       liability equal to the transfer proceeds.

   u.   Provisi                                                    u.   Provisions

        Provisi diakui ketika Grup memiliki kewajiban kini              Provisions are recognized when the Group has
        (baik bersifat hukum maupun konstruktif) sebagai                a present obligation (legal or constructive) as a
        akibat peristiwa masa lalu, kemungkinan besar                   result of a past event, it is probable that the
        Grup diharuskan menyelesaikan kewajiban dan                     Group will be required to settle the obligation,
        estimasi andal mengenai jumlah kewajiban                        and a reliable estimate can be made of the
        tersebut dapat dibuat.                                          amount of the obligation.

        Jumlah yang diakui sebagai provisi merupakan                    The amount recognized as a provision is the
        estimasi terbaik dari pertimbangan yang                         best estimate of the consideration required to
        diperlukan untuk menyelesaikan kewajiban kini                   settle the present obligation at the end of the
        pada     akhir   periode      pelaporan,     dengan             reporting period, taking into account the risks
        mempertimbangkan risiko dan ketidakpastian                      and uncertainties surrounding the obligation.
        yang meliputi kewajibannya. Apabila suatu provisi               Where a provision is measured using the cash
        diukur menggunakan arus kas yang diperkirakan                   flows estimated to settle the present obligation,
        untuk menyelesaikan kewajiban kini, maka nilai                  its carrying amount is the present value of those
        tercatatnya adalah nilai kini dari arus kas.                    cash flows.

        Ketika beberapa atau seluruh manfaat ekonomi                    When some or all of the economic benefits
        untuk penyelesaian provisi yang diharapkan                      required to settle a provision are expected to be
        dapat dipulihkan dari pihak ketiga, piutang diakui              recovered from a third party, a receivable is
        sebagai aset apabila terdapat kepastian bahwa                   recognized as an asset if it is virtually certain
        penggantian akan diterima dan jumlah piutang                    that reimbursement will be received, and the
        dapat diukur secara andal.                                      amount of the receivable can be measured
                                                                        reliably.

   v.   Pengakuan Pendapatan dan Beban                             v.   Revenue and Expense Recognition

        Grup mengakui pendapatan ketika kewajiban                       The Group recognize revenue when the
        pelaksanaan   telah   diselesaikan  dengan                      performance obligation has been satisfied by
        mengalihkan barang atau jasa yang dijanjikan                    transferring control of a promised goods or
        kepada pelanggan.                                               services to the customer.

        Pendapatan diukur berdasarkan jumlah imbalan                    Revenue is measured based on the
        yang ditentukan dalam kontrak dan tidak                         consideration specified in the contract and
        termasuk jumlah yang ditagih atas nama pihak                    excludes amounts collected on behalf of third
        ketiga.                                                         parties.

        Pendapatan jasa                                                 Rendering of services

        Grup memperoleh pendapatan dari penyediaan                      The Group generates revenue from the
        jasa penambangan, termasuk penambangan                          provision of mining services, including contract
        kontrak, pemindahan lapisan penutup tanah, dan                  mining, overburden removal, and coal haulage
        pengangkutan batubara ke sektor pertambangan.                   to the mining sector. The Group also generates
        Grup juga memperoleh pendapatan dari                            revenue from providing logistics and support
        penyediaan logistik dan layanan pendukung untuk                 services to the oil and gas sector, including rent
        sektor minyak dan gas, termasuk jasa penyewaan                  vessel services.
        kapal.




                                                              47
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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      Grup membuat kontrak layanan jangka pendek                 The Group enters into short-term and long-term
      dan jangka panjang dengan pelanggan.                       service contracts with customers. Under the
      Berdasarkan ketentuan kontrak, Grup menambah               terms of the contracts, the Group enhances
      aset yang dikendalikan pelanggan atau                      assets which the customers control or the
      pelanggan secara bersamaan menerima dan                    customers      simultaneously    receive     and
      mengkonsumsi manfaat dari kinerja Grup. Oleh               consume the benefit of the Group’s
      karena itu, pendapatan dari kontrak jasa diakui            performance. Revenue from service contracts
      sepanjang      waktu    berdasarkan      tahap             is therefore recognized over time based on the
      penyelesaian kontrak pada akhir periode                    stage of completion of the contract at the end of
      pelaporan.                                                 the reporting period.

      Tingkat penyelesaian dapat ditentukan dengan               The stage of completion may be determined
      metode yang dapat mengukur jasa secara andal               based on methods that can reasonably
      jasa yang diberikan. Bergantung pada jenis jasa            measure the services performed. Depending
      dan sifat transaksi, metode tersebut dapat                 on nature of the service contracts, the methods
      mencakup:                                                  may include:

      a.   Survei atas pekerjaan yang telah dilakukan;           a.   Surveys of work performed;

      b.   Nilai pekerjaan yang diselesaikan ditentukan          b.   Value of work completed determined
           berdasarkan harga untuk setiap kegiatan                    based on schedule of rates for each of the
           yang dilakukan yang mengidentifikasi nilai                 activities performed which identify value for
           pekerjaan yang dilakukan dan oleh karena itu               the work performed and hence the value of
           nilai pendapatan harus diakui;                             the revenue to be recognized;

      c.   Jasa yang dilakukan hingga saat ini sebagai           c.   Services performed to date as a
           persentase dari total jasa yang telah                      percentage of total services to be
           dilakukan; atau                                            performed; or

      d.   Proporsi biaya kontrak yang timbul untuk              d.   The proportion of contract costs incurred
           pekerjaan yang dilaksanakan sampai saat ini                for work performed to date relative to the
           relatif terhadap estimasi total biaya kontrak.             estimated total contract costs.

      Terkait dengan jasa sewa kapal, Grup telah                 For rent vessel services, Group has assessed
      menilai bahwa tahap penyelesaian yang                      that the stage of completion determined as the
      ditentukan berdasarkan proporsi total waktu                proportion of the total time expected to deliver
      penyelesaian yang diharapkan yang telah berlalu            that has elapsed at the end of the reporting
      pada akhir periode pelaporan merupakan ukuran              period is an appropriate measure of progress
      kemajuan yang tepat dalam memenuhi kewajiban               towards complete satisfaction of these
      pelaksanaan tersebut secara keseluruhan.                   performance obligations.

      Pendapatan dari kontrak konstruksi                         Revenue from construction contracts

      Grup membuat kontrak konstruksi jangka panjang             The Group enters into long-term construction
      dengan pelanggan. Kewajiban pelaksanaan                    contracts with customers. The performance
      keseluruhan proyek, yang diatur dalam kontrak,             obligation is usually the entire project, as
      mengingat bahwa jasa yang berbeda saling                   provided for in the contract, given that the
      bergantung, terintegrasi, dan ditujukan untuk              different services are highly interdependent,
      transfer    proyek     ke    pelanggan  secara             integrated, and are aimed at transferring the
      keseluruhan, mewakili hasil gabungan yang                  project to the customer as a whole,
      terdapat di kontrak oleh pelanggan.                        representing the combined output for which the
                                                                 customer has contracted.




                                                            48
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PT PETROSEA Tbk DAN ENTITAS ANAK                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                               – Continued

      Berdasarkan     persyaratan     kontrak, Grup            Under the terms of the contracts, the Group
      meningkatkan aset yang dikendalikan oleh                 enhances assets which the customers control.
      pelanggan. Oleh karena itu, pendapatan dari              Revenue from construction contracts is
      kontrak konstruksi diakui sepanjang waktu                therefore recognized over time on a cost–to–
      dengan metode input biaya-ke-biaya, yaitu                cost input method, i.e. based on the proportion
      berdasarkan proporsi biaya kontrak yang terjadi          of contract costs incurred for work performed to
      untuk pekerjaan yang dilaksanakan hingga saat            date relative to the estimated total contract
      ini dibandingkan dengan estimasi total biaya             costs. Management considers that this input
      kontrak. Manajemen menganggap bahwa metode               method is an appropriate measure of the
      ini adalah ukuran yang tepat untuk kemajuan              progress towards complete satisfaction of
      dalam memenuhi kewajiban kinerja untuk kontrak           these performance obligations for long-term
      konstruksi jangka panjang Grup.                          construction contracts of the Group.

      Jika hasil dari kewajiban pelaksanaan tidak dapat        Where the outcome of a performance obligation
      diukur secara wajar, dan biaya yang terjadi dalam        cannot be reasonably measured, and the costs
      memenuhi kewajiban pelaksanaan diperkirakan              incurred in satisfying the performance
      dapat dipulihkan, maka pendapatan diakui hanya           obligation are expected to be recoverable, the
      sejumlah biaya yang terjadi.                             revenue is recognized only to the extent of the
                                                               costs incurred.

      Jika kemungkinan besar biaya yang terjadi untuk          When it is probable that the cost incurred in
      memenuhi kewajiban pelaksanaan akan melebihi             satisfying a performance obligation will exceed
      pendapatan kontrak, kerugian segera diakui.              the contract revenue, the expected loss is
                                                               recognized immediately.

      Tidak terdapat komponen pembiayaan yang                  There is no significant financing component in
      signifikan dalam kontrak konstruksi karena rata-         construction contracts as the average credit
      rata jangka waktu kredit adalah dibawah 1 tahun.         term is below 1 year.

      Grup menyajikan saldo kontraknya, berdasarkan            The Group presents its contract balances, on a
      basis per kontrak, dalam posisi aset kontrak atau        contract-by-contract basis, in a net contract
      liabilitas bersih, secara terpisah dari piutang          asset or liability position, separately from its
      usaha. Aset kontrak dan piutang usaha keduanya           trade accounts receivables. Contract assets
      merupakan hak atas imbalan sebagai imbalan               and trade accounts receivable are both rights to
      atas barang atau jasa yang telah dialihkan Grup          consideration in exchange for goods or
      kepada pelanggan. Namun, klasifikasi tersebut            services that the Group has transferred to a
      bergantung pada apakah hak tersebut hanya                customer; however, the classification depends
      tergantung pada kondisi waktu (piutang usaha)            on whether such right is only conditional on the
      atau apakah juga tergantung pada hal lain (aset          passage of time (trade accounts receivable) or
      kontrak),     seperti   pemenuhan      kewajiban         if it is also conditional on something else
      pelaksanaan selanjutnya berdasarkan kontrak.             (contract assets), such as the satisfaction of
      Liabilitas kontrak adalah jumlah kumulatif yang          further performance obligations under the
      diterima dan piutang kontraktual oleh Grup yang          contract. A contract liability is the cumulative
      melebihi hak imbalan yang dihasilkan dari kinerja        amount received and contractually receivable
      Grup berdasarkan kontrak tertentu.                       by the Group that exceeds the right to
                                                               consideration resulting from the Group’s
                                                               performance under a given contract.

      Penjualan Batubara                                       Sales of Coal

      Grup    memperoleh   pendapatan    dengan                The Group earns revenue by mining and
      menambang dan kemudian menjual batubara ke               subsequently selling coal to customers under a
      pelanggan  dengan   berbagai   persyaratan               range of commercial terms.
      komersial.

      Grup menjual beberapa batubara dengan                    The Group sells certain of its coal on certain
      incoterm tertentu, yang berarti bahwa Grup               incoterm, which means that the Group is
      bertanggung jawab atas barang dan jasa lainnya           responsible for goods and other services at
      pada titik dimana kepemilikan berpindah.                 which title of the goods passes.




                                                          49
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PT PETROSEA Tbk DAN ENTITAS ANAK                                   PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                    FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                   – Continued

      Grup mengakui pendapatan ketika kewajiban                   The Group recognize revenue when the
      pelaksanaan     telah    diselesaikan  dengan               performance obligation has been satisfied by
      mengalihkan kontrol atas barang atau jasa yang              transferring control of a promised goods or
      dijanjikan kepada pelanggan.                                services to the customer.

      Pendapatan diukur berdasarkan jumlah imbalan                Revenue is measured based on the
      yang ditentukan dalam kontrak dan tidak                     consideration specified in the contract and
      termasuk jumlah yang ditagih atas nama pihak                excludes amounts collected on behalf of third
      ketiga.                                                     parties.

      Beban                                                       Expenses

      Beban diakui pada saat terjadinya.                          Expenses are recognized when incurred.

   w. Imbalan Pasca Kerja                                      w. Employee Benefits

      Program imbalan pasti                                       Defined benefit plans

      Grup memberikan imbalan pasca kerja imbalan                 The Group provides post-employment benefits
      pasti untuk karyawan sekurang kurangnya sama                for its employees at least equivalent with the
      dengan imbalan pasca kerja yang diatur dalam                post-employment benefits as stipulated in
      Undang-Undang yang berlaku.                                 applicable Law.

      Biaya penyediaan imbalan pasca kerja ditentukan             The cost of providing post-employment benefits
      dengan menggunakan metode Projected Unit                    is determined using the Projected Unit Credit
      Credit, dengan penilaian aktuaria yang dilakukan            method, with actuarial valuations being carried
      pada setiap akhir periode pelaporan tahunan.                out at the end of each annual reporting period.
      Pengukuran kembali, terdiri dari keuntungan dan             Remeasurement, comprising actuarial gains
      kerugian aktuarial, yang tercermin langsung                 and losses, is reflected immediately in the
      dalam laporan posisi keuangan konsolidasian                 consolidated statement of financial position with
      yang dibebankan atau dikreditkan dalam                      a charge or credit recognized in other
      penghasilan komprehensif lain periode terjadinya.           comprehensive income in the period in which
                                                                  they occur.

      Pengukuran kembali diakui dalam penghasilan                 Remeasurement           recognized      in   other
      komprehensif lain tercermin sebagai pos terpisah            comprehensive income is reflected as a
      pada penghasilan komprehensif lain di ekuitas               separate item under other comprehensive
      dan tidak akan direklas ke laba rugi. Biaya jasa            income in equity and will not be reclassified to
      lalu diakui dalam laba rugi pada periode                    profit or loss. Past service cost is recognized in
      amendemen program. Bunga dihitung dengan                    profit or loss in the period of a plan amendment.
      mengalikan tingkat diskonto pada awal periode               interest is calculated by applying the discount
      imbalan pasti dengan liabilitas imbalan pasti.              rate at the beginning of the period to the defined
      Biaya imbalan pasti dikategorikan sebagai                   benefit liability. Defined benefit costs are
      berikut:                                                    categorised as follows:

      •   Biaya jasa (termasuk biaya jasa kini, biaya             •   Service cost (including current service cost
          jasa lalu serta keuntungan dan kerugian                     past service cost, as well as gains and
          kurtailmen dan penyelesaian);                               losses on curtailments and settlements);

      •   Beban bunga; dan                                        •   Interest expense; and

      •   Pengukuran kembali.                                     •   Remeasurement.

      Grup menyajikan dua komponen pertama dari                   The Group presents the first two components of
      biaya imbalan pasti di laba rugi. Keuntungan dan            defined benefit costs in profit or loss.
      kerugian kurtailmen dicatat sebagai biaya jasa              Curtailment gains and losses are accounted for
      lalu.                                                       as past service costs.

      Liabilitas imbalan pensiun yang diakui pada                 The retirement benefit obligation recognized in
      laporan     posisi   keuangan     konsolidasian             the consolidated statement of financial position
      merupakan defisit aktual dalam program imbalan              represents the actual deficit in the Group’s
      pasti Grup.                                                 defined benefit plans.



                                                          50
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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Liabilitas untuk pesangon diakui mana yang                      A liability for a termination benefit is recognized
        terjadi lebih dulu ketika entitas tidak dapat lagi              at the earlier of when the entity can no longer
        menarik penawaran imbalan tersebut dan ketika                   withdraw the offer of the termination benefit and
        entitas mengakui biaya restrukturisasi terkait.                 when the entity recognizes any related
                                                                        restructuring costs.

        Imbalan kerja jangka panjang lainnya                            Other long-term benefits

        Perhitungan imbalan kerja jangka panjang                        The cost of providing long-term benefits is
        ditentukan dengan menggunakan metode                            determined using the Projected Unit Credit
        Projected Unit Credit. Biaya jasa lalu dan                      method. Past service cost and actuarial gains
        keuntungan atau kerugian aktuarial diakui                       or losses are recognized immediately in profit or
        langsung pada tahun yang bersangkutan.                          loss.

        Jumlah yang diakui sebagai liabilitas imbalan                   The long-term employee benefits obligation
        kerja jangka panjang lainnya di laporan posisi                  recognized in the consolidated statements of
        keuangan konsolidasian merupakan nilai kini                     financial position represents the present value
        kewajiban imbalan kerja jangka panjang.                         of the long-term employee benefits obligation.

        Pesangon                                                        Termination

        Liabilitas untuk pesangon diakui mana yang                      A liability for a termination benefit is recognized
        terjadi lebih dulu ketika entitas tidak dapat lagi              at the earlier of when the entity can no longer
        menarik penawaran imbalan tersebut dan ketika                   withdraw the offer of the termination benefit and
        entitas mengakui biaya restrukturisasi terkait.                 when the entity recognizes any related
                                                                        restructuring costs.

   x.   Pajak Penghasilan                                          x.   Income Tax

        Beban pajak penghasilan merupakan jumlah                        Income tax expense represents the sum of the
        pajak kini terutang dan pajak tangguhan.                        tax currently payable and deferred tax.

        Pajak kini                                                      Current tax

        Pajak kini terutang berdasarkan laba kena pajak                 The tax currently payable is based on taxable
        untuk suatu tahun. Laba kena pajak berbeda dari                 profit for the year. Taxable profit differs from net
        laba sebelum pajak seperti yang dilaporkan di                   profit as reported in profit or loss because it
        laba rugi karena tidak memperhitungkan                          excludes items of income or expense that are
        penghasilan atau beban yang dikenakan pajak                     taxable or deductible in other years and it
        atau dikurangkan pada tahun berbeda dan tidak                   further excludes items that are never taxable or
        memperhitungkan pos-pos yang tidak pernah                       deductible. The Group’s liability for current tax
        dikenakan pajak atau tidak dapat dikurangkan.                   is calculated using tax rates that have been
        Liabilitas Grup untuk pajak kini dihitung                       enacted or substantively enacted by the end of
        berdasarkan tarif pajak yang telah berlaku pada                 the reporting period.
        akhir periode pelaporan.

        Provisi diakui untuk penentuan pajak yang tidak                 A provision is recognized for those matters for
        pasti,   tetapi    kemungkinan      besar     akan              which the tax determination is uncertain, but it
        mengakibatkan arus keluar dana kepada otoritas                  is considered probable that there will be a
        pajak. Provisi diukur sebesar estimasi terbaik atas             future outflow of funds to a tax authority. The
        jumlah ekspektasian yang terhutang. Penilaian                   provisions are measured at the best estimate of
        berdasarkan pada pertimbangan profesional                       the amount expected to become payable. The
        pajak dalam Grup yang didukung dengan                           assessment is based on the judgement of tax
        pengalaman lalu atas aktivitas tersebut dan dalam               professionals within the Group supported by
        kasus tertentu berdasarkan saran pakar pajak                    previous experience in respect of such
        independen.                                                     activities and in certain cases based on
                                                                        specialist independent tax advice.




                                                              51
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PT PETROSEA Tbk DAN ENTITAS ANAK                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                 – Continued

      Pajak tangguhan                                            Deferred tax

      Pajak tangguhan diakui atas perbedaan temporer             Deferred tax is recognized on temporary
      antara jumlah tercatat aset dan liabilitas dalam           differences between the carrying amounts of
      laporan keuangan konsolidasian dengan dasar                assets and liabilities in the consolidated
      pengenaan pajak yang digunakan dalam                       financial statements and the corresponding tax
      perhitungan laba kena pajak. Liabilitas pajak              bases used in the computation of taxable profit.
      tangguhan umumnya diakui untuk seluruh                     Deferred tax liabilities are generally recognized
      perbedaan temporer kena pajak. Aset pajak                  for all taxable temporary differences. Deferred
      tangguhan umumnya diakui untuk seluruh                     tax assets are generally recognized for all
      perbedaan temporer yang dapat dikurangkan                  deductible temporary differences to the extent
      sepanjang kemungkinan besar bahwa laba kena                that is probable that taxable profit will be
      pajak akan tersedia sehingga perbedaan                     available against which those deductible
      temporer dapat dimanfaatkan. Aset dan liabilitas           temporary differences can be utilized. Such
      pajak tangguhan tidak diakui jika perbedaan                deferred tax assets and liabilities are not
      temporer timbul dari pengakuan awal (selain dari           recognized if the temporary differences arise
      kombinasi bisnis) dari aset dan liabilitas suatu           from the initial recognition (other than in a
      transaksi yang tidak mempengaruhi laba kena                business combination) of assets and liabilities
      pajak atau laba akuntansi. Selain itu, liabilitas          in a transaction that affects neither the taxable
      pajak tangguhan tidak diakui jika perbedaan                profit nor the accounting profit. In addition,
      temporer timbul dari pengakuan awal goodwill.              deferred tax liabilities are not recognized if the
                                                                 temporary differences arise from the initial
                                                                 recognition of goodwill.

      Aset dan liabilitas pajak tangguhan diukur dengan          Deferred tax assets and liabilities are measured
      menggunakan tarif pajak yang diharapkan berlaku            at the tax rates that are expected to apply in the
      dalam periode ketika liabilitas diselesaikan atau          period in which the liability is settled or the asset
      aset dipulihkan berdasarkan tarif pajak (dan               realized, based on the tax rates (and tax laws)
      peraturan pajak) yang telah berlaku atau secara            that have been enacted, or substantively
      substantif telah berlaku pada akhir periode                enacted, by the end of the reporting period.
      pelaporan.

      Pengukuran aset dan liabilitas pajak tangguhan             The measurement of deferred tax assets and
      mencerminkan konsekuensi pajak yang sesuai                 liabilities reflects the tax consequences that
      dengan cara Grup memperkirakan, pada akhir                 would follow from the manner in which the
      periode pelaporan, untuk memulihkan atau                   Group expects, at the end of the reporting
      menyelesaikan jumlah tercatat aset dan                     period, to recover or settle the carrying amount
      liabilitasnya.                                             of their assets and liabilities.

      Jumlah tercatat aset pajak tangguhan ditelaah              The carrying amount of deferred tax asset is
      ulang pada akhir periode pelaporan dan dikurangi           reviewed at the end of each reporting period
      jumlah tercatatnya jika kemungkinan besar laba             and reduced to the extent that it is no longer
      kena pajak tidak lagi tersedia dalam jumlah yang           probable that sufficient taxable profits will be
      memadai untuk mengkompensasikan sebagian                   available to allow all or part of the asset to be
      atau seluruh aset pajak tangguhan tersebut.                recovered.

      Pajak kini dan pajak tangguhan diakui sebagai              Current and deferred tax are recognized as an
      beban atau penghasilan dalam laba rugi periode             expense or income in profit or loss, except
      berjalan, kecuali untuk pajak penghasilan yang             when they relate to items that are recognized
      timbul dari transaksi atau peristiwa yang diakui di        outside of profit or loss (whether in other
      luar laba rugi (baik dalam penghasilan                     comprehensive income or directly in equity), in
      komprehensif lain maupun secara langsung di                which case the tax is also recognized outside of
      ekuitas), dalam hal tersebut pajak juga diakui di          profit or loss, or where they arise from the initial
      luar laba rugi, atau yang timbul dari akuntansi            accounting for a business combination. In the
      awal kombinasi bisnis. Dalam hal kombinasi                 case of a business combination, the tax effect
      bisnis, pengaruh pajak termasuk dalam akuntansi            is included in the accounting for the business
      kombinasi bisnis.                                          combination.




                                                            52
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

        Aset dan liabilitas pajak tangguhan saling hapus                 Deferred tax assets and liabilities are offset
        ketika entitas memiliki hak yang dapat dipaksakan                when there is legally enforceable right to set off
        secara hukum untuk melakukan saling hapus aset                   current tax assets against current tax liabilities
        pajak kini terhadap liabilitas pajak kini dan ketika             and when they relate to income taxes levied by
        aset pajak tangguhan dan liabilitas pajak                        the same taxation authority on either the same
        tangguhan terkait dengan pajak penghasilan yang                  taxable entity or different taxable entities when
        dikenakan oleh otoritas perpajakan yang sama                     there is an intention to settle its current tax
        atas entitas kena pajak yang sama atau entitas                   assets and current tax liabilities on a net basis,
        kena pajak yang berbeda yang memiliki intensi                    or to realize the assets and settle the liabilities
        untuk memulihkan aset dan liabilitas pajak kini                  simultaneously, in each future period in which
        dengan dasar neto, atau merealisasikan aset dan                  significant amounts of deferred tax liabilities or
        menyelesaikan liabilitas secara bersamaan, pada                  assets are expected to be settled or recovered.
        setiap periode masa depan dimana jumlah
        signifikan atas aset atau liabilitas pajak tangguhan
        diharapkan untuk diselesaikan atau dipulihkan.

   y.   Pajak Final                                                 y.   Final Tax

        Atas pendapatan dari jasa konstruksi dikenakan                   Tax expense on revenues from construction
        pajak penghasilan final, beban pajak diakui                      services are subject to final tax which is
        secara proporsional dengan jumlah pendapatan                     recognized proportionately based on the
        menurut akuntansi yang diakui pada periode                       revenue recognized in the current year. Prepaid
        berjalan. Akun pajak penghasilan final dibayar                   final tax is presented separately from final tax
        dimuka disajikan terpisah dari utang pajak                       payable.
        penghasilan final.

   z.   Sukuk ijarah                                                z.   Sukuk Ijarah

        Sukuk ijarah diakui sebesar nilai nominal,                       Sukuk ijarah is recognized initially at nominal
        disesuaikan dengan premium atau diskonto dan                     value, adjusted with premium or discount and
        biaya transaksi terkait. Perbedaan antara nilai                  the related transaction costs incurred. Any
        tercatat dan nilai nominal diakui pada laporan                   differences between the carrying amount and
        laba rugi konsolidasian sebagai beban                            nominal value are recognize in the consolidated
        penerbitan sukuk ijarah menggunakan metode                       statements of profit or loss as sukuk ijarah
        garis lurus selama jangka waktu sukuk ijarah.                    issuance costs using the straight-line method
                                                                         during the period of sukuk ijarah.

        Sukuk ijarah, setelah disesuaikan dengan                         Sukuk ijarah, adjusted with premium or discount
        premium atau diskonto dan biaya transaksi yang                   and unamortized transaction costs, is
        belum diamortisasi, disajikan sebagai bagian dari                presented as part of liabilities.
        liabilitas.

   aa. Laba per Saham                                               aa. Earnings per Share

        Laba per saham dasar dihitung dengan membagi                     Basic earnings per share is computed by
        laba diatribusikan kepada pemilik Perusahaan                     dividing profit attributable to the owners of the
        dengan jumlah rata-rata tertimbang saham yang                    Company by the weighted average number of
        beredar pada tahun yang bersangkutan.                            shares outstanding during the period.

        Laba per saham dilusian dihitung dengan                          Diluted earnings per share is computed by
        membagi laba bersih yang diatribusikan kepada                    dividing net income attributable to the owners
        pemilik entitas induk dengan jumlah rata-rata                    of the Company by the weighted average
        tertimbang saham biasa yang telah disesuaikan                    number of shares outstanding as adjusted for
        dengan dampak dari semua efek berpotensi                         the effects of all dilutive potential ordinary
        saham biasa yang dilutif.                                        shares.




                                                               53
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PT PETROSEA Tbk DAN ENTITAS ANAK                                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                              – Continued

     bb. Informasi Segmen                                                bb. Segment Information

         Segmen operasi diidentifikasi berdasarkan                           Operating segments are identified on the basis
         laporan internal mengenai komponen dari Grup                        of internal reports about components of the
         yang secara reguler ditelaah oleh pengambil                         Group that are regularly reviewed by the chief
         keputusan      operasional   dalam     rangka                       operating decision maker in order to allocate
         mengalokasikan sumber daya dan menilai kinerja                      resources to the segments and to assess their
         segmen operasi.                                                     performance.

         Segmen operasi adalah suatu komponen dari                           An operating segment is a component of an
         entitas:                                                            entity:

         a)   yang terlibat dalam aktivitas bisnis yang                      a)   that engages in business activities which
              mana    memperoleh       pendapatan    dan                          may earn revenue and incur expenses
              menimbulkan beban (termasuk pendapatan                              (including revenue and expenses relating
              dan beban terkait dengan transaksi dengan                           to the transaction with other components of
              komponen lain dari entitas yang sama);                              the same entity);

         b)   hasil operasinya ditelaah secara reguler oleh                  b)   whose operating results are reviewed
              pengambil keputusan operasional untuk                               regularly by the entity’s chief operating
              membuat keputusan tentang sumber daya                               decision maker to make decision about
              yang dialokasikan pada segmen tersebut dan                          resources to be allocated to the segments
              menilai kinerjanya; dan                                             and assess its performance; and

         c)   tersedia informasi keuangan yang dapat                         c)   for which discrete financial information is
              dipisahkan.                                                         available.

         Informasi yang digunakan oleh pengambil                             Information reported to the chief operating
         keputusan    operasional      dalam      rangka                     decsision maker for the purpose of resource
         menghasilkan sumber daya dan menilai kinerja                        allocation and assessment of its performance is
         segmen operasi terfokus pada kategori dari setiap                   more specifically focused on the category of
         produk.                                                             each product.


4.   PERTIMBANGAN KRITIS AKUNTANSI DAN                              4.   CRITICAL ACCOUNTING JUDGMENTS AND
     SUMBER UTAMA KETIDAKPASTIAN ESTIMASI                                KEY SOURCES OF ESTIMATES UNCERTAINTY

     Dalam penerapan kebijakan akuntansi Grup, yang                      In the application of the Group’s accounting policies,
     dijelaskan dalam Catatan 3, Direksi diwajibkan untuk                which are described in Note 3, the Directors are
     membuat penilaian, estimasi dan asumsi tentang                      required to make judgments, estimates and
     jumlah tercatat aset dan liabilitas yang tidak tersedia             assumptions about the carrying amounts of assets
     dari sumber lain. Estimasi dan asumsi yang terkait                  and liabilities that are not readily apparent from
     didasarkan pada pengalaman historis dan faktor-faktor               other sources. The estimates and associated
     lain yang dianggap relevan. Hasil aktualnya mungkin                 assumptions are based on historical experience and
     berbeda dari estimasi tersebut.                                     other factors that are considered to be relevant.
                                                                         Actual results may differ from these estimates.

     Estimasi dan asumsi yang mendasari ditelaah secara                  The estimates and underlying assumptions are
     berkelanjutan. Revisi estimasi akuntansi diakui dalam               reviewed on an ongoing basis. Revisions to
     periode yang perkiraan tersebut direvisi jika revisi                accounting estimates are recognized in the period
     hanya mempengaruhi periode itu, atau pada periode                   which the estimate is revised if the revision affects
     revisi dan periode masa depan jika revisi                           only that period, or in the period of the revision and
     mempengaruhi kedua periode saat ini dan masa                        future periods if the revision affects both current and
     depan.                                                              future periods.

     Pertimbangan Kritis dalam Penerapan Kebijakan                       Critical Judgments in Applying Accounting
     Akuntansi                                                           Policies

     Dalam penerapan kebijakan akuntansi, yang                           In the process of applying the accounting policies
     dijelaskan dalam Catatan 3, manajemen tidak                         described in Note 3, management has not made any
     membuat pertimbangan kritis atas pengaruh signifikan                critical judgement that has a significant effect on the
     terhadap jumlah yang diakui dalam laporan keuangan                  amounts recognized in the consolidated financial
     konsolidasian, selain yang terkait dengan estimasi.                 statements, apart from those involving estimate.



                                                               54
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   Sumber Utama Estimasi Ketidakpastian                           Key Sources of Uncertainty Estimation

   Asumsi utama mengenai masa depan dan sumber                    The key assumptions concerning future and other
   estimasi ketidakpastian utama lainnya pada akhir               key sources of uncertainty estimation at the end of
   periode pelaporan, yang memiliki risiko signifikan yang        the reporting period, that have a significant risk of
   mengakibatkan penyesuaian material terhadap jumlah             causing a material adjustment to the carrying
   tercatat aset dan liabilitas dalam keuangan tahun              amounts of assets and liabilities within the next
   depan dijelaskan dibawah ini:                                  financial year are discussed below:

   •   Perhitungan cadangan kerugian piutang usaha                •   Calculation of loss allowance for trade accounts
                                                                      receivable

       Ketika mengukur KKE, Grup menggunakan                          When measuring ECL, the Group uses
       tingkat    kerugian   kredit   historis   atas                 historical defaults rates for groupings of various
       pengelompokan berbagai segmen pelanggan                        customer segments that have similar credit risk
       yang memiliki risiko kredit yang sama, dan                     characteristics,      and      reasonable      and
       informasi perkiraan masa-depan yang wajar dan                  supportable forward-looking information, which
       terdukung, berdasarkan asumsi pergerakan masa                  is based on assumptions for the future
       depan atas penentu ekonomi dan bagaimana                       movement of different economic drivers and
       penentu tersebut akan saling memengaruhi satu                  how these drivers will affect each others.
       dengan lainnya.

       Kerugian saat gagal bayar adalah estimasi                      Loss given default is an estimate of the loss
       kerugian yang timbul pada saat gagal bayar. Loss               arising on default. It is based on the difference
       given default dihitung dari selisih antara arus kas            between the contractual cash flows due and
       kontraktual dan arus kas yang diekspektasi                     those that the lender would expect to receive,
       diterima oleh pemberi pinjaman, dengan                         taking into account cash flows from collateral
       memperhitungankan arus kas dari penjualan                      and integral credit enhancements.
       agunan dan peningkatan kredit.

       Probabilitas gagal bayar merupakan input utama                 Probability of default constitutes a key input in
       dalam mengukur KKE. Probabilitas gagal bayar                   measuring ECL. Probability of default is an
       adalah estimasi kemungkinan gagal bayar selama                 estimate of the likelihood of default over a given
       jangka waktu tertentu, yang perhitungannya                     time horizon, the calculation of which includes
       mencakup data historis, asumsi dan ekspektasi                  historical data, assumptions and expectations
       dari kondisi masa depan. Cadangan kerugian                     of future conditions. The loss allowance for
       piutang usaha diungkapkan pada Catatan 7a.                     trade accounts receivable is disclosed in
                                                                      Note 7a.

   •   Taksiran Masa Manfaat Ekonomis Aset Tetap                  •   Estimated Useful Lives of Property, Plant and
                                                                      Equipment

       Masa manfaat setiap aset tetap Grup ditentukan                 The useful life of each item of the Group’s
       berdasarkan kegunaan yang diharapkan dari aset                 property, plant and equipment are estimated
       tersebut. Estimasi ini ditentukan berdasarkan                  based on the period over which the asset is
       evaluasi teknis internal dan pengalaman atas aset              expected to be available for use. Such
       sejenis. Masa manfaat setiap aset direviu secara               estimation is based on internal technical
       periodik dan disesuaikan apabila prakiraan                     evaluation and experience with similar assets.
       berbeda dengan estimasi sebelumnya karena                      The estimated useful life of each asset is
       keausan, keusangan teknis dan komersial, hukum                 reviewed periodically and updated if
       atau keterbatasan lainnya atas pemakaian aset.                 expectations differ from previous estimates due
       Namun terdapat kemungkinan bahwa hasil                         to physical wear and tear, technical or
       operasi dimasa mendatang dapat dipengaruhi                     commercial obsolescence and legal or other
       secara signifikan oleh perubahan atas jumlah                   limits on the use of the asset. However, it is
       serta periode pencatatan biaya yang diakibatkan                possible that future results of operations could
       karena perubahan faktor yang disebutkan di atas.               be materially affected by changes in the
                                                                      amounts and timing of recorded expenses
                                                                      brought about by changes in the factors
                                                                      mentioned above.




                                                             55
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

       Perubahan masa manfaat aset tetap dapat                            A change in the estimated useful life of any item
       mempengaruhi jumlah biaya penyusutan yang                          of property, plant and equipment would affect
       diakui dan mengubah nilai tercatat aset tersebut.                  the recorded depreciation expense and change
                                                                          the carrying amounts of these assets.

       Nilai tercatat aset tetap diungkapkan dalam                        The carrying amounts of property, plant and
       Catatan 13.                                                        equipment are disclosed in Note 13.

   •   Penurunan Nilai Goodwill                                   •   •   Impairment of goodwill

       Goodwill diisyaratkan untuk penilaian penurunan                    Goodwill is required to be assessed for
       nilai setiap tahun dan ketika keadaan                              impairment annually and when circumstances
       mengindikasikan bahwa nilai tercatat mungkin                       indicate that the carrying value may be
       mengalami penurunan nilai. Nilai yang dapat                        impaired. The recoverable amount of a cash
       terpulihkan dari suatu aset atau unit penghasil kas                generating unit is determined based on its
       ditentukan berdasarkan nilai pakai. Model                          value-in-use. The model involves significant
       tersebut melibatkan pertimbangan dan estimasi                      judgment and estimates in respect of discount
       yang signifikan sehubungan dengan tingkat                          rate and revenue projection.
       diskonto dan proyeksi pendapatan.

       Perubahan asumsi penting, termasuk asumsi                          Changing the key assumptions, including the
       tingkat diskonto atau proyeksi pendapatan dalam                    discount rates or the revenue projection
       proyeksi arus kas, dapat memengaruhi estimasi                      assumptions in the cash flow projections, could
       nilai yang dapat diperoleh kembali secara                          materially affect the estimation of recoverable
       material.                                                          amount.

       Nilai tercatat   goodwill    diungkapkan    dalam                  The carrying amount of goodwill is disclosed in
       Catatan 15.                                                        Note 15.

   •   Akuisisi atas Entitas Anak                                     •   Acquisition of Subsidiaries

       Proses awal akuisisi entitas anak melibatkan                       The initial process on the acquisition of
       pengidentifikasian dan penentuan nilai wajar yang                  subsidiaries     involves    identifying   and
       akan dialokasikan ke aset dan liabilitas yang                      determining the fair values to be assigned to
       dapat diidentifikasi dari entitas yang diakuisisi.                 the identifiable assets and liabilities of the
       Nilai wajar atas aset yang diperoleh dan liabilitas                acquired entities. The fair value of the assets
       yang diambil alih ditentukan oleh tenaga ahli                      acquired and liabilities assumed are
       valuasi eksternal. Setiap perubahan dalam                          determined by external valuation experts. Any
       asumsi yang digunakan dan estimasi yang dibuat                     changes in the assumptions used and
       dalam menentukan nilai wajar akan berdampak                        estimates made in determining the fair values
       pada nilai tercatat aset dan liabilitas tersebut.                  will impact the carrying amount of these assets
                                                                          and liabilities.

       Alokasi nilai wajar atas harga          pembelian                  The fair value allocation of the purchase price
       diungkapkan pada Catatan 39.                                       is disclosed in Note 39.




                                                             56
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                     – Continued

5.   KAS DAN SETARA KAS                                                  5.    CASH AND CASH EQUIVALENTS
     a.   Kas dan Setara Kas                                                   a.   Cash and Cash Equivalents
                                                      31 Desember/            31 Desember/
                                                      December 31,            December 31,
                                                          2025                    2024
                                                        US$ '000                US$ '000

          Kas                                                    55                      29      Cash on hand

          Bank                                                                                   Cash in banks
           Rupiah                                                                                 Rupiah
             PT Bank Central Asia Tbk                       36.453                   19.312        PT Bank Central Asia Tbk
             PT Bank Mandiri (Persero) Tbk                   6.261                   18.579        PT Bank Mandiri (Persero) Tbk
             BPD Papua                                         656                        1        BPD Papua
             Citibank, N.A.                                    354                      554        Citibank, N.A.
             PT Bank CIMB Niaga Tbk                            247                      205        PT Bank CIMB Niaga Tbk
             PT Bank Negara Indonesia (Persero) Tbk            228                        1        PT Bank Negara Indonesia (Persero) Tbk
             PT Bank HSBC Indonesia                            223                    1.020        PT Bank HSBC Indonesia
             PT Bank Rakyat Indonesia (Persero) Tbk             44                       87        PT Bank Rakyat Indonesia (Persero) Tbk
             PT Bank DBS Indonesia                               3                        3        PT Bank DBS Indonesia
             PT Bank Central Asia Syariah                        -                   12.375        PT Bank Central Asia Syariah
             BPD Kaltimtara                                      -                        1        BPD Kaltimtara
           Dolar Amerika Serikat                                                                  U.S. Dollar
             PT Bank Central Asia Tbk                       21.486                    6.597        PT Bank Central Asia Tbk
             PT Bank Mandiri (Persero) Tbk                   1.232                    3.743        PT Bank Mandiri (Persero) Tbk
             PT Bank CIMB Niaga Tbk                            118                   20.292        PT Bank CIMB Niaga Tbk
             Citibank, N.A.                                    100                      117        Citibank, N.A.
             PT Bank Permata Tbk                                78                        -        PT Bank Permata Tbk
             PT Bank Negara Indonesia (Persero) Tbk             15                        1        PT Bank Negara Indonesia (Persero) Tbk
             PT Bank HSBC Indonesia                             13                       98        PT Bank HSBC Indonesia
             PT Bank Rakyat Indonesia (Persero) Tbk              6                        6        PT Bank Rakyat Indonesia (Persero) Tbk
             Westpac                                             1                        -        Westpac
           Dolar Singapura                                                                        Singapore Dollar
             PT Bank OCBC NISP Tbk                           1.800                        -        PT Bank OCBC NISP Tbk
             PT Bank UOB                                     1.775                        -        PT Bank UOB
             PT Bank Mandiri (Persero) Tbk                      11                       19        PT Bank Mandiri (Persero) Tbk
             PT Bank DBS Indonesia                               8                        -        PT Bank DBS Indonesia
             PT Bank Negara Indonesia (Persero) Tbk              7                        -        PT Bank Negara Indonesia (Persero) Tbk
           Kina Papua Nugini                                                                      Kina Papua New Guinean
             PT Bank ANZ Indonesia                               698                         -     PT Bank ANZ Indonesia
             Bank South Pacific                                   63                         -     Bank South Pacific
           Dolar Australia                                                                        Australian Dollar
             Westpac                                             42                      47        Westpac
             PT Bank Mandiri (Persero) Tbk                       15                      43        PT Bank Mandiri (Persero) Tbk
             PT Bank ANZ Indonesia                                4                       -        PT Bank ANZ Indonesia
             PT Bank HSBC Indonesia                               3                       3        PT Bank HSBC Indonesia
           Euro                                                                                   Euro
             PT Bank Mandiri (Persero) Tbk                       17                      14        PT Bank Mandiri (Persero) Tbk
           Dolar Kepulauan Salomon                                                                Solomon Islands Dollar
             Bank South Pacific                                    1                         -     Bank South Pacific

           Sub jumlah                                       71.962                   83.118       Sub total

          Deposito berjangka                                                                     Time deposits
           Rupiah                                                                                 Rupiah
             PT Bank Mandiri (Persero) Tbk                         2                      -         PT Bank Mandiri (Persero) Tbk
             PT Bank Tabungan Negara Tbk                           -                  1.760         PT Bank Tabungan Negara Tbk
             PT Bank CIMB Niaga Tbk                                -                      2         PT Bank CIMB Niaga Tbk
           Dolar Australia                                                                        Australian Dollar
             PT Bank HSBC Indonesia                              13                      12         PT Bank HSBC Indonesia
           Dolar Amerika Serikat                                                                  U.S. Dollar
             PT Bank Negara Indonesia (Persero) Tbk                  -               20.000         PT Bank Negara Indonesia (Persero) Tbk
             PT Bank Tabungan Negara (Persero) Tbk                   -               10.000         PT Bank Tabungan Negara (Persero) Tbk

           Sub jumlah                                            15                  31.774       Sub total

          Jumlah                                            72.032                  114.921      Total

          Tingkat suku bunga per tahun                                                           Interest rates per annum
            Deposito berjangka                                                                     Time deposits
            Rupiah                                       2,25%                4,25% - 6,25%        Rupiah
            Dolar Australia                              4,00%                    4,25%            Australian Dollar
            Dolar Amerika Serikat                           -                 1,00% - 6,00%        U.S. Dollar



                                                              57
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

          Tidak terdapat saldo kas dan setara kas kepada                    There are no balances of cash and cash
          pihak berelasi.                                                   equivalents held by related parties.

          Tidak terdapat saldo kas dan setara kas yang                      There are no balances of cash and cash
          dijadikan jaminan atas pinjaman Grup.                             equivalents used as the collateral for the
                                                                            Group’s loans.

     b.   Rekening bank dibatasi penggunaannya                         b.   Restricted cash in banks

          Rekening bank dibatasi penggunaannya - Lancar                     Restricted cash in banks - Current

          Rekening bank yang dibatasi penggunaannya                         The bank account with restricted cash use as a
          lancar adalah rekening penampung sementara                        current is a temporary holding account in
          dalam mata uang Rupiah dan Dolar Amerika                          Rupiah and U.S. Dollar that used to hold the
          Serikat untuk menampung dana cadangan                             reserve funds for the repayment of third-party
          pinjaman pembayaran pinjaman jangka panjang                       long-term loan that will mature in less than one
          pihak ketiga yang akan jatuh tempo kurang dari                    year.
          satu tahun.

          Rekening bank dibatasi penggunaannya - Tidak                      Restricted cash in banks - Non-current
          lancar

          Rekening bank yang dibatasi penggunaannya                         The bank account with restricted use as
          tidak lancar adalah rekening penampung                            a non-current is a temporary holding account in
          sementara dalam mata uang Rupiah untuk                            Rupiah that used to hold the reserve funds for
          menampung dana cadangan jaminan reklamasi                         mining reclamation guarantee, which will be
          tambang yang akan dibayarkan dalam jangka                         paid within a period of more than one year and
          waktu lebih dari satu tahun dan untuk memenuhi                    to fulfill the requirement of bank guarantee.
          persyaratan bank garansi.


6.   ASET KEUANGAN LAINNYA                                        6.   OTHER FINANCIAL ASSETS

     Pada tanggal 31 Desember 2025, Grup memiliki asset                On December 31, 2025, Group has a financial asset
     keuangan yang diukur pada FVTPL atas efek yang                    measured at FVTPL for trading securities amounted
     diperdagangkan    sebesar   US$     32.316    ribu                to US$ 32,316 thousand (December 31, 2024:
     (31 Desember 2024: US$ 3.094 ribu).                               US$ 3,094 thousand).

     Selama tahun 2025, Perusahaan mempunyai kontrak                   During 2025, the Company entered into a fund
     manajemen dana dengan Henan Putihrai Asset                        management contract with Henan Putihrai Asset
     Management (HPAM) untuk mengelola dana                            Management (HPAM) to manage the Company’s
     Perusahaan. HPAM diberi wewenang untuk                            funds. HPAM is authorized to balance the portfolio
     menyeimbangkan portofolio sesuai pedoman yang                     within the designated guidelines by buying and
     ditentukan dengan cara membeli dan menjual                        selling debt and equity instruments. The carrying
     instrumen utang dan ekuitas. Nilai tercatat atas dana             amount of the funds represents the fair value of the
     merupakan nilai wajar dari instrumen ekuitas dan                  underlying equity and debt instruments which are
     utang pendasar yang ditentukan berdasarkan harga                  determined based on the quoted market price of the
     pasar kuotasi dari masing-masing instrumen.                       respective instruments.

     Investasi pada efek ekuitas diperdagangkan di BEI.                Investments in listed equity securities are traded on
     Nilai wajar efek ekuitas ditetapkan berdasarkan nilai             the IDX. The fair value of equity securities is
     pasar yang dipublikasikan oleh BEI.                               determined based on market prices published by
                                                                       IDX.




                                                             58
Page 331
PT PETROSEA Tbk DAN ENTITAS ANAK                                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                      – Continued

7.   PIUTANG                                                             7.     ACCOUNTS RECEIVABLE

     a.   Piutang Usaha                                                         a.    Trade Accounts Receivable

                                                        31 Desember/          31 Desember/
                                                        December 31,          December 31,
                                                            2025                  2024
                                                          US$ '000              US$ '000
          a. Berdasarkan pelanggan                                                              a. By debtor
             Pihak berelasi (Catatan 40)                                                           Related parties (Note 40)
                PT Borneo Bangun Banua                         17.591                    131         PT Borneo Bangun Banua
                PT Daya Bumindo Karunia                        17.392                  1.355         PT Daya Bumindo Karunia
                PT Multi Tambangjaya Utama                     15.668                  1.914         PT Multi Tambangjaya Utama
                Fluor Petrosea Joint Organization              13.176                 29.006         Fluor Petrosea Joint Organization
                Aster Chemicals and Energy Pte., Ltd.           3.102                      -         Aster Chemicals and Energy Pte., Ltd.
                PT Tamtama Perkasa                              1.518                  3.216         PT Tamtama Perkasa
                PT Petrindo Jaya Kreasi Tbk                     1.368                    256         PT Petrindo Jaya Kreasi Tbk
                Sub jumlah                                     69.815                 35.878         Sub total
                Cadangan kerugian kredit                          (25)                     -         Allowance for credit losses
             Jumlah                                            69.790                 35.878       Total
             Pihak ketiga                                                                          Third parties
                PT Masmindo Dwi Area                           30.424                  8.702         PT Masmindo Dwi Area
                PT Kartika Selabumi Mining                     23.642                 17.995         PT Kartika Selabumi Mining
                PT Kideco Jaya Agung                           22.379                 23.569         PT Kideco Jaya Agung
                PT Vale Indonesia Tbk                          19.497                      -         PT Vale Indonesia Tbk
                PT Freeport Indonesia                          18.951                 31.750         PT Freeport Indonesia
                PT Pasir Bara Prima                            15.781                  3.361         PT Pasir Bara Prima
                PT Kedap Sayaaq                                14.094                 15.640         PT Kedap Sayaaq
                PT Global Bara Mandiri                         13.594                  2.470         PT Global Bara Mandiri
                BP Berau Ltd.                                  11.330                    972         BP Berau Ltd.
                PT Barasentosa Lestari                          7.456                      -         PT Barasentosa Lestari
                Pertamina Hulu Energi OSES                      6.455                      -         Pertamina Hulu Energi OSES
                PT Indo Bara Pratama                            5.167                  5.212         PT Indo Bara Pratama
                PT Sumberdaya Arindo                            3.480                  5.094         PT Sumberdaya Arindo
                PT Bara Prima Mandiri                           3.452                      -         PT Bara Prima Mandiri
                PT Niaga Jasa Dunia                             3.349                      -         PT Niaga Jasa Dunia
                PT Bartim Coalindo                              2.785                      -         PT Bartim Coalindo
                Ningbo Lygend Wisdom Co., Ltd.                  2.179                      -         Ningbo Lygend Wisdom Co. Ltd.
                Glencore International AG                       2.015                  2.585         Glencore International AG
                Simberi Gold Company Ltd.                       1.203                      -         Simberi Gold Company Ltd.
                Singapore Refining Company Pte., Ltd.             843                      -         Singapore Refining Company Pte., Ltd.
                W.H. Marathon Pte. Ltd.                           677                      -         W.H. Marathon Pte. Ltd.
                PT Kutilang Paksi Mas Oil & Gas                   642                      -         PT Kutilang Paksi Mas Oil & Gas
                PT Xiangyu Trading Indonesia                      504                      -         PT Xiangyu Trading Indonesia
                PT Triasih Nawasena Bumi Sejahtera                502                  1.086         PT Triasih Nawasena Bumi Sejahtera
                PT Hardaya Mining Energy                            -                 11.130         PT Hardaya Mining Energy
                Bulk Trading Far East Pte., Ltd.                    -                  1.455         Bulk Trading Far East Pte., Ltd.
                Lain-lain (masing-masing dibawah
                   US$ 500 ribu)                               1.440                   1.109         Others (below US$ 500 thousand)
                Sub jumlah                                   211.841                 132.130         Sub total
                Cadangan kerugian kredit                     (15.919)                    (86)        Allowance for credit losses

             Bersih                                          195.922                 132.044       Net
             Jumlah                                          265.712                 167.922       Total

          b. Berdasarkan mata uang                                                              b. By currency
             Mata uang fungsional                                                                  Functional currency
               Dolar Amerika Serikat                            9.696                 10.155          U.S. Dollar
             Mata uang lain                                                                        Other currency
               Rupiah                                        269.201                 157.853          Rupiah
               Kina Papua Nugini                               2.446                       -          Kina Papua New Guinean
               Dolar Australia                                   313                       -          Australian Dollar
             Jumlah                                          281.656                 168.008       Total
             Cadangan kerugian kredit                        (15.944)                    (86)      Allowance for credit losses

             Bersih                                          265.712                 167.922       Net




                                                                 59
Page 332
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                – Continued

      Pada tanggal 1 Januari 2024, piutang usaha                                                               As at January 1, 2024, trade accounts
      adalah sebesar US$ 149,8 juta (setelah dikurangi                                                         receivable amounted to US$ 149.8 million
      cadangan kerugian kredit sebesar US$ 24 ribu).                                                           (net of loss allowance for credit losses of
                                                                                                               US$ 24 thousand).

      Pada tanggal 31 Desember 2025 dan 2024,                                                                  On December 31, 2025 and 2024, the average
      jangka waktu rata-rata kredit pendapatan adalah                                                          credit period on revenues is 10 - 90 days. No
      10 - 90 hari. Tidak ada bunga yang dibebankan                                                            interest is charged on trade accounts
      pada piutang usaha.                                                                                      receivable.

      Penyisihan kerugian kredit untuk piutang usaha                                                           Allowance for credit losses for trade accounts
      telah diukur dengan nilai yang setara dengan                                                             receivable has been measured at an amount
      jangka waktu KKE. KKE pada piutang usaha                                                                 equal to lifetime ECL. The ECL on trade
      diestimasi berdasarkan matriks provisi dengan                                                            accounts receivable are estimated using a
      mengacu pada pengalaman gagal bayar debitur                                                              provision matrix by reference to past default
      masa lalu dan analisis posisi keuangan debitur                                                           experience of the debtor and an analysis of the
      saat ini, disesuaikan dengan faktor-faktor yang                                                          debtor’s current financial position, adjusted for
      spesifik dari debitur, kondisi ekonomi umum                                                              factors that are specific to the debtors, general
      industri di mana debitur beroperasi dan informasi                                                        economic conditions of the industry in which the
      masa depan. Grup telah mengakui penyisihan                                                               debtors      operate     and      forward-looking
      kerugian seluruhnya atas piutang yang telah                                                              information. The Group has provided a full
      tertunggak lebih dari 1 tahun karena pengalaman                                                          allowance against all receivables over 1 year
      historis mengindikasikan bahwa piutang tersebut                                                          past due because historical experience has
      umumnya tidak dapat dipulihkan.                                                                          indicated that these receivables are generally
                                                                                                               not recoverable.

      Tidak ada perubahan dalam teknik estimasi atau                                                           There has been no change in the estimation
      asumsi signifikan yang dibuat selama tahun                                                               techniques or significant assumptions made
      pelaporan berjalan.                                                                                      during the current reporting year.

      Ketika menerapkan matriks provisi pada piutang                                                           When applying a provision matrix to the Group's
      usaha milik Grup, populasi piutang usaha                                                                 trade accounts receivable, the population of
      dikelompokan dalam piutang yang memiliki                                                                 individual trade account receivables were
      karakteristik risiko kredit yang serupa, ditentukan                                                      aggregated into groups of receivables that
      dari jenis pendapatan yang dimiliki oleh Grup.                                                           share similar credit risk characteristics,
      Piutang usaha tersebut dikelompokan menjadi                                                              determined based on the Group's revenue
      penambangan, konstruksi dan rekayasa, jasa,                                                              stream. The trade account receivables are
      dan jasa lainnya.                                                                                        grouped into mining, engineering and
                                                                                                               construction, service, and other services.

      Tabel berikut merinci profil risiko piutang usaha                                                        The following table details the risk profile of
      dari kontrak dengan pelanggan berdasarkan                                                                trade accounts receivable from contracts with
      matriks provisi dan KKE kolektif Grup.                                                                   customers based on the Group’s provision
                                                                                                               matrix and collectively ECL.
                                                                                                               Jatuh tempo/Past due
                                                 Belum jatuh      <=30
                                                   tempo/         hari/        31 – 60 hari/   61 – 90 hari/   91 – 120 hari/   121-180 hari/    181-365 hari/   >365 hari/       Sub jumlah/
       31 Desember 2025/ December 31 , 2025      Not past due     days            days            days             days            days             days           days            Sub total
                                                  US$ '000       US$ '000       US$ '000        US$ '000         US$ '000         US$ '000         US$ '000      US$ '000          US$ '000

       Tingkat kerugian ekspektasian/
       Expected credit loss rate :                    *)            *)              *)             1%               1%                3%             19%          100%
       Estimasi jumlah tercatat bruto
          pada saat gagal bayar/
       Estimated total gross carrying
          amount at default
          - Penambangan/ Mining                       92.056      17.903             9.267              447                -           5.196          20.294          8.936           154.099
          - Konstruksi dan Rekayasa/
            Construction and Engineering              64.188       5.140            16.083           9.866               723               666         2.035                  -        98.701
          - Jasa/ Service                             14.953         370                21               -                83                 -             -                  5        15.432
          - Rekayasa, Pengadaan, Konstruksi,
            dan Instalasi (EPCI)-Minyak Bumi
            dan Gas Lepas Pantai/ Engineering,
            Procurement, Construction, and
            Installation (EPCI)-Offshore Oil
            and Gas                                    1.688       7.393             1.518           1.207                 -                 -           107            867            12.780
          - Lain-lain/ Others                            643           1                 -               -                 -                 -             -              -               644
       Jumlah/ Total                                 173.528      30.807            26.889          11.520               806           5.862          22.436          9.808           281.656

       ECL sepanjang umur/ Lifetime ECL                    (6)           (2)             (5)              -                -            (331)          (5.792)        (9.808)         (15.944)
       Bersih/ Net                                                                                                                                                                    265.712

       *) Mendekati nol/ Close to nil




                                                                                         60
Page 333
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                     – Continued

                                                                                                                  Jatuh tempo/Past due
                                              Belum jatuh      <=30
                                                tempo/         hari/        31 – 60 hari/    61 – 90 hari/        91 – 120 hari/   121-180 hari/     181-365 hari/    >365 hari/       Sub jumlah/
       31 Desember 2024/ December 31 , 2024   Not past due     days            days             days                  days            days              days            days            Sub total
                                               US$ '000       US$ '000       US$ '000         US$ '000              US$ '000         US$ '000          US$ '000       US$ '000          US$ '000

       Tingkat kerugian ekspektasian/
       Expected credit loss rate :                 *)            *)              *)              1%                    2%                7%              18%                100%
       Estimasi jumlah tercatat bruto
          pada saat gagal bayar/
       Estimated total gross carrying
          amount at default
          - Penambangan/ Mining                    59.491      18.506             6.894            3.947                 2.559            3.834              253                   -        95.484
          - Konstruksi dan Rekayasa/
            Construction and Engineering           53.980       8.272             3.488                  -                    -                 -               -                  -        65.740
          - Jasa/ Service                           3.162         847               565                509                  663                 -               6                  -         5.752
          - Lain-lain/ Others                         986           -                 -                  1                    -                 -              45                  -         1.032
       Jumlah/ Total                              117.619      27.625            10.947            4.457                 3.222            3.834              304                   -       168.008

       ECL sepanjang umur/ Lifetime ECL                 (1)           (1)              -                (1)                  (4)              (47)             (32)                -           (86)

       Bersih/ Net                                                                                                                                                                         167.922

       *) Mendekati nol/ Close to nil


      Mutasi cadangan kerugian kredit adalah sebagai                                                                The movements in allowance for credit losses
      berikut:                                                                                                      are as follows:

                                                                                               2025
                                                                  Penilaian                  Penilaian
                                                                   kolektif/                 Individual/
                                                                 Collectively               Individually                 Jumlah/
                                                                  assessed                   assessed                     Total
                                                                  US$ '000                    US$ '000                   US$ '000

       Saldo awal periode                                                       86                            -                    86         Balance at beginning of the period
       Perubahan cadangan kerugian karena piutang
         usaha yang baru, setelah dikurangi piutang                                                                                           Change in loss allowance due to new trade
         yang dihentikan pengakuannya karena                                                                                                    receivables originated, net of those
         penyelesaian (Catatan 35)                                          15.858                            -               15.858            derecognized due to settlement (Note 35)
                                                                                                                                              Balance allowance for credit losses
       Saldo cadangan kerugian kredit akhir tahun                           15.944                            -               15.944            at end of year

                                                                                               2024
                                                                  Penilaian                  Penilaian
                                                                   kolektif/                 Individual/
                                                                 Collectively               Individually                Jumlah/
                                                                  assessed                   assessed                    Total
                                                                  US$ '000                    US$ '000                  US$ '000

       Saldo awal tahun                                                         24                            -                    24      Balance at beginning of the year
       Perubahan cadangan kerugian karena piutang
         usaha yang baru, setelah dikurangi piutang                                                                                        Change in loss allowance due to new trade
         yang dihentikan pengakuannya karena                                                                                                 receivables originated, net of those
         penyelesaian (Catatan 35)                                              62                            -                    62        derecognized due to settlement (Note 35)
                                                                                                                                           Balance allowance for credit losses
       Saldo cadangan kerugian kredit akhir tahun                               86                            -                    86        at end of year

      Manajemen berpendapat bahwa penyisihan                                                                        Management believes that the allowance for
      kerugian penurunan nilai atas piutang usaha                                                                   impairment losses on trade accounts receivable
      adalah cukup.                                                                                                 is adequate.

      Piutang usaha pada 31 Desember 2025 sebesar                                                  (                Trade       accounts      receivable    on
      US$ 33.440 ribu telah dijaminkan untuk                                                                        December       31,   2025    amounted     to
      utang bank jangka pendek (Catatan 19)                                                                         US$ 33,440 thousand are used as collateral
      (31 Desember 2024: US$ 34.000 ribu).                                                                          for   short-term bank loan (Note 19)
                                                                                                                    (December 31, 2024: US$ 34,000 thousand).




                                                                                      61
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PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

   b.   Piutang Lain-lain                                              b.    Other Accounts Receivable

                                                31 Desember/        31 Desember/
                                                December 31,        December 31,
                                                    2025                2024
                                                  US$ '000            US$ '000

        Piutang Lain-lain - Lancar                                                   Other Accounts Receivable - Current
          Pihak ketiga                                   8.696               1.936     Third Parties

        Jumlah                                           8.696               1.936   Total

        Piutang Lain-lain - Tidak lancar                                             Other Accounts Receivable - Non-current
          Pihak ketiga                                  12.806              13.275     Third parties

        Jumlah                                          12.806              13.275   Total

        Pada tanggal 31 Desember 2025, termasuk                              On December 31, 2025, included in other
        dalam piutang lain-lain dari pihak ketiga sebesar                    accounts receivable from third parties
        US$ 1.636 ribu (piutang lain-lain lancar) dan                        amounted to US$ 1,636 thousand (other
        US$ 12.527 ribu (piutang lain-lain tidak lancar)                     accounts       receivable       current)     and
        (31 Desember 2024: US$ 12.832 ribu (piutang                          US$ 12,527 thousand (other accounts
        lain-lain tidak lancar)), merupakan piutang dari                     receivable non-current) (December 31, 2024:
        pihak ketiga terkait dengan tagihan atas                             US$ 12,832 thousand (other accounts
        pengakhiran proyek. Sisanya merupakan piutang                        receivable non-current)), relating to receivables
        kepada karyawan yang tidak dikenakan bunga.                          from a third party for invoices associated with
                                                                             project termination. The remaining are
                                                                             receivable to employees who are not subject to
                                                                             interest.

        Pada tanggal 28 Juni 2024, saldo piutang lain-lain                   On June 28, 2024, regarding the other accounts
        dari pihak ketiga (piutang lain-lain lancar) sebesar                 receivable   from    third    parties    (other
        US$ 37.073 ribu diperpanjang jangka waktu                            accounts receivables current) amounted to
        pembayarannya sampai dengan 2027 dengan                              US$ 37,073 thousand, the repayment period
        denda sebesar 9,5% per tahun. Pada tanggal                           was extended up to 2027 with penalty fee of
        27 Desember 2024, Perusahaan telah menerima                          9.5% per annum. On December 27, 2024, the
        pembayaran dipercepat sebesar US$ 23.687 ribu.                       Company received an accelerated payment
                                                                             amounted to US$ 23,687 thousand.

        Untuk tujuan penilaian penurunan nilai, piutang                      For the purpose of impairment assessment, the
        dianggap memiliki risiko kredit yang rendah                          receivable is considered to have low credit risk
        karena Grup mengatur arus kas dari piutang                           since the Group manages the cash flow from its
        tersebut melalui perjanjian jangka panjang yang                      receivable through the long-term agreement
        disetujui oleh kedua belah pihak dan tidak                           signed by both parties and there has been no
        terdapat peningkatan signifikan dalam risiko                         significant increase in the risk of default on the
        gagal bayar sejak pengakuan awal. Oleh karena                        loan since initial recognition. Accordingly, for
        itu, untuk tujuan penilaian penurunan nilai                          the purpose of impairment assessment for this
        pinjaman ini, cadangan kerugian diukur sebesar                       loan, the loss allowance is measured at an
        sejumlah KKE 12 bulan.                                               amount equal to 12-month ECL.

        Dalam menentukan KKE, manajemen telah                                In determining the ECL, management has
        memperhitungkan kondisi ekonomi umum industri                        taken into account the general economic
        terkait, dalam memperkirakan kemungkinan                             conditions of the related industry, in estimating
        terjadinya gagal bayar pinjaman serta kerugian                       the probability of default of the loan as well as
        saat terjadinya gagal bayar. Manajemen                               the loss upon default. Management determines
        menentukan bahwa piutang lain-lain memiliki                          the other accounts receivable is subject to
        kerugian kredit yang tidak material.                                 immaterial credit loss.




                                                               62
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                 – Continued

8.   PERSEDIAAN                                                      8.     INVENTORIES

                                                 31 Desember/             31 Desember/
                                                 December 31,             December 31,
                                                     2025                     2024
                                                   US$ '000                 US$ '000

     Suku cadang dan bahan pembantu                     19.935                  18.885    Spare parts and supplies
     Minyak pelumas                                        994                     405    Lubricants
     Bahan bakar                                           654                     645    Fuel
     Batubara termal                                        10                      92    Thermal coal
     Jumlah                                             21.593                  20.027    Total
     Penyisihan persediaan usang                          (810)                   (708)   Allowance for stock obsolescence
     Bersih                                             20.783                  19.319    Net

                                                                                          Changes in the allowance for stock
     Mutasi penyisihan persediaan usang                                                     obsolescence
       Saldo awal                                             708                  313      Beginning balance
       Penambahan (Catatan 35)                                711                  544      Additions (Note 35)
       Pemulihan (Catatan 35)                                (609)                (149)     Reversals (Note 35)
       Saldo akhir                                           810                   708       Ending balance

     Manajemen     berkeyakinan    bahwa     penyisihan                    Management believes that the allowance for stock
     persediaan usang atas persediaan adalah cukup.                        obsolescence on inventories is adequate.

     Pada tanggal 31 Desember 2025, persediaan,                            On December 31, 2025, inventories, including
     termasuk batubara termal, telah diasuransikan kepada                  thermal coal, were insured through a consortium led
     sebuah konsorsium yang dipimpin oleh PT Lippo                         by PT Lippo General Insurance Tbk for the
     General Insurance Tbk untuk Perusahaan, PTKBL,                        Company, PTKBL, and PTCEP with insurance
     dan PTCEP dengan nilai pertanggungan sebesar                          coverage amounted to US$ 23,925 thousand
     US$    23.925     ribu     (31    Desember      2024:                 (December 31, 2024: US$ 16,418 thousand).
     US$ 16.418 ribu).

     Pada tanggal 31 Desember 2025, persediaan untuk                       On December 31, 2025, inventories for HBS, were
     HBS, telah diasuransikan kepada sebuah konsorsium                     insured through a consortium led by AON Risk
     yang dipimpin oleh AON Risk Service (PNG) Ltd.                        Service (PNG) Ltd. with insurance coverage
     Dengan nilai pertanggungan sebesar K 25.450 ribu                      amounted to K 25,450 thousand (equivalent to
     (setara dengan US$ 5.984 ribu) (31 Desember 2024:                     US$ 5,984 thousand) (December 31, 2024: Nil).
     Nihil).

     Manajemen berpendapat bahwa nilai pertanggungan                       Management believes that the insurance coverage
     tersebut cukup untuk menutupi kemungkinan kerugian                    is adequate to cover possible losses on the
     atas persediaan yang diasuransikan.                                   inventories insured.

     Untuk tahun yang berakhir 31 Desember 2025, jumlah                    For the year ended on December 31, 2025 total
     biaya persediaan yang diakui sebagai beban sebesar                    cost of  inventory  recognized as   expense
     US$ 151.035 ribu (2024: US$ 102.646 ribu).                            amounted to US$ 151,035 thousand (2024:
                                                                           US$ 102,646 thousand).

     Tidak terdapat saldo persediaan yang dijadikan                        There are no balances of inventories used as
     jaminan atas pinjaman Grup.                                           collateral for the Group’s loans.


9.   ASET KONTRAK                                                    9.    CONTRACT ASSETS

                                                31 Desember/          31 Desember/
                                                December 31,          December 31,
                                                    2025                  2024
                                                  US$ '000              US$ '000

     Kontrak konstruksi - pihak ketiga                 63.737                    3.870    Construction contracts - third parties




                                                             63
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

   Pada tanggal 1 Januari 2024, aset kontrak adalah                  As at January 1, 2024, contract assets amounted to
   sebesar US$ 5,8 juta (setelah dikurangi cadangan                  US$ 5.8 million (net of loss allowance for credit
   kerugian kredit sebesar Nihil).                                   losses of Nil).

   Jumlah yang berkaitan dengan kontrak konstruksi                   Amounts relating to construction contracts are
   adalah tagihan pelanggan berdasarkan kontrak                      balances due from customers under construction
   konstruksi yang timbul pada saat Grup menerima                    contracts that arise when the Group receives
   pembayaran dari pelanggan sejalan dengan                          payments from customers in line with a series of
   serangkaian tonggak pelaksanaan. Grup sebelumnya                  performance-related milestones. The Group initially
   akan mengakui aset kontrak untuk setiap pekerjaan                 will recognize a contract asset for any work
   yang dilakukan. Jumlah yang sebelumnya diakui                     performed. Any amount previously recognized as a
   sebagai aset kontrak direklasifikasi ke piutang usaha             contract asset is reclassified to trade accounts
   pada saat ditagih kepada pelanggan.                               receivable at the point at which it is invoiced to the
                                                                     customer.

   Cadangan kerugian kredit untuk kontrak aset telah                 Allowance for credit losses for contract assets has
   diukur dengan nilai yang setara dengan jangka waktu               been measured at an amount equal to lifetime ECL.
   KKE. KKE pada kontrak aset diestimasi berdasarkan                 The ECL on contract assets is estimated using a
   matriks provisi dengan mengacu pada pengalaman                    provision matrix by reference to past default
   gagal bayar debitur masa lalu dan analisis posisi                 experience of the debtor and an analysis of the
   keuangan debitur saat ini, disesuaikan dengan faktor-             debtor’s current financial position, adjusted for
   faktor yang spesifik dari debitur, kondisi ekonomi                factors that are specific to the debtors, general
   umum industri di mana debitur beroperasi.                         economic conditions of the industry in which the
                                                                     debtors operate.

   Cadangan kerugian kredit aset kontrak tidak dibentuk              Allowance for credit losses of contract assets was
   karena manajemen berpendapat bahwa aset kontrak                   not provided since management believes that the
   dianggap memiliki kerugian kredit yang tidak material.            contract assets are subject to immaterial credit loss.

   Tidak ada perubahan dalam teknik estimasi atau                    There has been no change in the estimation
   asumsi signifikan yang dibuat selama periode                      techniques or significant assumptions made during
   pelaporan berjalan.                                               the current reporting period.


10. PAJAK  DIBAYAR   DIMUKA                   DAN    KLAIM         10. PREPAID TAXES AND CLAIMS FOR TAX
    PENGEMBALIAN PAJAK                                                 REFUND

   a.   Pajak dibayar dimuka                                         a.   Prepaid tax

                                                    31 Desember/    31 Desember/
                                                    December 31,    December 31,
                                                        2025            2024
                                                      US$ '000        US$ '000
        Pajak dibayar dimuka - Lancar                                                  Prepaid taxes - Current
          Pajak penghasilan pasal 21                                                     Income tax article 21
             Perusahaan                                      996                   -       The Company
             Entitas anak                                     73                   -       Subsidiaries

          Pajak pertambahan nilai                                                        Value added tax
            Perusahaan                                    35.997          11.650           The Company
            Entitas anak                                   8.161           5.709           Subsidiaries

          Jumlah                                          45.227          17.359         Total

        Pajak dibayar dimuka - Tidak lancar                                            Prepaid taxes - Non-current
          Pajak penghasilan badan                                                        Corporate income tax
             Perusahaan (Catatan 36)                                                       The Company (Note 36)
                2025                                       6.753               -             2025
                2024                                           -           4.916             2024
             Entitas anak                                                                  Subsidiaries
                2025                                       4.104               -             2025
                2024                                         675           2.795             2024

          Jumlah                                          11.532           7.711         Total




                                                             64
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

        Pajak dibayar dimuka - Tidak lancar                                 Prepaid taxes - Non-current

        Pajak dibayar dimuka bagian tidak lancar                            Prepaid taxes non-current portion represent
        merupakan kelebihan bayar pajak penghasilan                         overpayment of current year’s corporate
        badan tahun berjalan yang akan diajukan                             income taxes which will be submitted for tax
        pengembalian.                                                       refunds.

   b.   Klaim pengembalian pajak                                       b.   Claims for tax refund

                                                  31 Desember/       31 Desember/
                                                  December 31,       December 31,
                                                      2025               2024
                                                    US$ '000           US$ '000
        Klaim pengembalian pajak - Lancar                                                   Claims for tax refund - Current
          Pajak penghasilan badan                                                             Corporate income tax
             Perusahaan                                                                         The Company
               2023                                              -           2.268                2023
          Pajak pertambahan nilai                                                             Value added tax
             Entitas anak                                1.667                          -       Subsidiary

             Jumlah                                      1.667               2.268              Total

        Klaim pengembalian pajak - Tidak lancar                                             Claims for tax refund - Non-current
          Pajak penghasilan badan                                                             Corporate income tax
             Perusahaan                                  4.916                  -               The Company
             Entitas anak                                2.139                954               Subsidiaries
          Pajak pertambahan nilai                                                             Value added tax
             Perusahaan                                                                         The Company
               2024                                     16.812                      -             2024

             Jumlah                                     23.867                954               Total

        Pajak penghasilan badan (”PPh Badan”)                               Corporate income tax (“CIT”)

        Perusahaan                                                          The Company

        Pada tahun 2023, Perusahaan memiliki kelebihan                      In 2023, the Company has an overpayment for
        atas pembayaran          PPh Badan sebesar                          CIT amounted to US$ 2,358 thousand that has
        US$ 2.358 ribu yang telah dicatat sebagai pajak                     been recorded as prepaid tax non-current. On
        dibayar dimuka tidak lancar. Pada tanggal                           December 11, 2024, the Company received an
        11 Desember 2024, Perusahaan menerima Surat                         overpayment tax assessment letter (“SKPLB”)
        Ketetapan Pajak Lebih Bayar (”SKPLB”) dengan                        No.     00003/406/23/091/24 amounted to
        surat    No.     00003/406/23/091/24    sebesar                     US$      2,268      thousand  (equivalent    to
        US$ 2.268 ribu (setara dengan Rp 36 miliar) yang                    Rp 36 billion) which recorded as claims for tax
        dicatat sebagai klaim pengembalian pajak.                           refund. The Company have received
        Perusahaan       telah    menerima    kelebihan                     overpayment on January 13, 2025. The
        pembayaran         tersebut    pada      tanggal                    difference in that claim amounted to
        13 Januari 2025. Selisih atas klaim tersebut                        US$ 90 thousand has been recorded in the
        sebesar US$ 90 ribu telah dicatat pada laporan                      prior year's profit or loss.
        laba rugi tahun sebelumnya.

        Pada tahun 2024, Perusahaan memiliki kelebihan                      In 2024, the Company has an overpayment for
        atas pembayaran PPh Badan sebesar                                   CIT amounted to US$ 4,916 thousand that has
        US$ 4.916 ribu yang telah dicatat sebagai pajak                     been recorded as prepaid tax non-current. As of
        dibayar dimuka tidak lancar. Sampai dengan                          the date of issuance of these consolidated
        tanggal     penerbitan    laporan    keuangan                       financial statements, the result of the tax
        konsolidasian ini, Perusahaan belum menerima                        overpayment has not yet been received.
        keputusan atas kelebihan pembayaran pajak
        tersebut.




                                                           65
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PT PETROSEA Tbk DAN ENTITAS ANAK                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                               – Continued

       PTKBL                                                   PTKBL

      Pada tahun 2023, PTKBL memiliki kelebihan atas           In 2023, PTKBL has an overpayment for CIT
      pembayaran PPh Badan sebesar Rp 15 miliar                amounted to Rp 15 billion (equivalent to
      (setara dengan US$ 954 ribu). Pada tanggal               US$ 954 thousand). On July 18, 2025, PTKBL
      18 Juli 2025, Perusahaan telah menerima SKPLB            received SKPLB for Rp 15 billion (equivalent to
      sebesar Rp 15 miliar (setara dengan                      US$ 954 thousand), which recorded as claims
      US$ 954 ribu) yang dicatat sebagai klaim                 for tax refund. PTKBL have received
      pengembalian pajak. PTKBL telah menerima                 overpayment on August 27, 2025. The
      kelebihan pembayaran tersebut pada tanggal               difference in that claim amounted to
      27 Agustus 2025. Selisih atas klaim tersebut             Rp 363 million (equivalent to US$ 21 thousand)
      sebesar Rp 363 juta (setara dengan                       has been recorded in the current year’s profit or
      US$ 21 ribu) telah dicatat pada laporan laba rugi        loss.
      tahun berjalan.

      Pada tanggal 18 Juli 2025, PTKBL menerima                On July 18, 2025, PTKBL received an audit
      surat perintah pemeriksaan dengan surat                  request letter with letter No. S-868/KPP.0810/
      No. S-868/KPP.0810/2025 atas status lebih                2025 for an overpayment amounted to
      bayar sebesar Rp 35 miliar (setara dengan                Rp 35 billion (equivalent to US$ 2,139
      US$ 2.139 ribu) atas kelebihan bayar PPh Badan           thousand) for overpayment of CIT in 2024. As
      tahun 2024. Sampai pada tanggal penerbitan               of the date of issuance of these consolidated
      laporan keuangan konsolidasian ini, PTKBL                financial statements, PTKBL the result of the
      belum menerima keputusan atas kelebihan                  tax overpayment has not yet been received.
      pembayaran pajak tersebut.

       PTCEP                                                   PTCEP

       Pada tanggal 3 Desember 2025, PTCEP                     On December 3, 2025, PTCEP received an
       menerima surat perintah pemeriksaan atas                audit warrant for the overpayment of CIT of
       kelebihan pembayaran PPh Badan tahun 2024               2024 with letter No. S-1436/ KPP.0501/2025
       dengan surat No. S-1436/KPP.0501/2025                   amounting to Rp 10.8 billion (equivalent to
       sebesar Rp 10,8 miliar (setara dengan                   US$ 643.5 thousand). The existence of this
       US$ 643,5 ribu). Adanya surat ini juga                  letter is also at the same time as the VAT audit
       bersamaan dengan proses pemeriksaan PPN                 process for the January 2024 and July 2024 tax
       untuk masa pajak Januari 2024 sampai Juli 2024          periods, which was made for restitution on
       yang dilakukan permohonan restitusi pada                August 27, 2025 amounting to Rp 13 billion
       tanggal 27 Agustus 2025 sebesar Rp 13 miliar            (equivalent to US$ 774.6 thousand). Until the
       (setara dengan US$ 774,6 ribu). Sampai tanggal          issuance date of these consolidated financial
       penerbitan laporan keuangan konsolidasian               statements, the examination process is still
       proses pemeriksaan masih berlangsung.                   ongoing.

       Pada tanggal 10 Februari 2026, PTCEP                    On February 10, 2026, PTCEP received a
       menerima       SKPLB       dengan      surat            SKPLB with letter No. 00001/407/23/031/26
       No. 00001/407/23/031/26 sebesar Rp 3,5 miliar           amounting to Rp 3.5 billion (equivalent to
       (setara dengan US$ 211,7 thousand) atas                 US$ 211.7 thousand) on the application for a
       permohonan pengembalian pendahuluan yang di             refund of the tax reported on February 24, 2025
       laporkan pada tanggal 24 Februari 2025                  amounting to Rp 3.5 billion (equivalent to
       sebesar   Rp 3,5 miliar (setara dengan                  US$ 211.7 thousand).
       US$ 211,7 thousand).

       Pada tanggal 20 Februari 2026, PTCEP                    On February 20, 2026, PTCEP received a tax
       menerima surat ketetapan lebih bayar pajak              overpayment      determination     letter   with
       dengan surat No. 00002/407/23/031/26 sebesar            letter No. 00002/407/23/031/26 amounting to
       Rp 12,4 miliar (setara dengan US$ 743,2 ribu)           Rp 12.4 billion (equivalent to US$ 743.2
       atas permohonan pengembalian pendahuluan                thousand) on the application for a refund of the
       yang di laporkan pada tangal 26 Februari 2025           tax reported on February 26, 2025 in the
       sebesar Rp 12,7 miliar (setara dengan                   amount of Rp 12.7 billion (equivalent to
       US$ 762,5 ribu). Selisih atas klaim tersebut            US$ 762.5 thousand). The difference in the
       sebesar Rp 324 juta telah dicatat pada laporan          claim of Rp 324 million has been recorded in the
       laba rugi tahun berjalan.                               current year’s profit or loss.




                                                          66
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

        Pajak pertambahan nilai (”PPN”)                                 Value added tax (“VAT”)

        Perusahaan                                                      The Company

        Pada tanggal 26 Mei 2025, Perusahaan                            On May 26, 2025, the Company apply
        mengajukan restitusi atas masa pajak Januari                    for restitution for the tax period January
        sampai Desember 2024 sebesar Rp 276 miliar                      to December 2024 amounted to Rp 276 billion
        (setara dengan US$ 16.812 ribu). Sampai dengan                  (equivalent to US$ 16,812 thousand). As of the
        tanggal     penerbitan    laporan    keuangan                   date of issuance of these consolidated financial
        konsolidasian ini, Perusahaan belum menerima                    statements, the result of the tax overpayment
        keputusan atas kelebihan pembayaran pajak                       has not yet been received.
        tersebut.


11. BEBAN DIBAYAR DIMUKA                                        11. PREPAID EXPENSES

                                            31 Desember/        31 Desember/
                                            December 31,        December 31,
                                                2025                2024
                                              US$ '000            US$ '000

    Asuransi                                        1.757              1.357    Insurance
    Letter of credit                                1.546              1.342    Letter of credit
    Royalti                                           502                434    Royalty
    Sewa                                              471                205    Rent
    Konsultan dan lisensi perangkat lunak             361                369    Consultant and software licenses
    Lain-lain                                       1.116                514    Others

    Jumlah                                          5.753              4.221    Total


12. ASET LAINNYA                                                12. OTHER ASSETS

                                             31 Desember/       31 Desember/
                                             December 31,       December 31,
                                                 2025               2024
                                               US$ '000           US$ '000

    Aset lancar lainnya                                                          Other current asset
      Uang muka                                     12.609              8.782      Advances
      Deposit                                        3.204              3.890      Deposits
      Biaya pemenuhan kontrak                          423                651      Costs to fulfill a contract
      Lain-lain                                        176                226      Others

      Jumlah                                        16.412             13.549      Total

    Aset tidak lancar lainnya                                                    Other non-current asset
      Aktivitas pengupasan lapisan tanah            18.377              3.320      Stripping activities
      Biaya pinjaman jangka panjang
         yang ditangguhkan                           1.858              3.100      Deferred long-term loan costs
                                                                                   Advance for purchase of property,
      Uang muka pembelian aset                         850                681        plant, and equipment
      Letter of credit                                 432              1.400      Letter of credit
      Lain-lain                                      2.035              2.928      Others

      Jumlah                                        23.552             11.429      Total

   Aset lancar lainnya terdiri dari pembayaran uang muka            Other current assets consist of advance payment to
   kepada karyawan yang akan diselesaikan dalam                     employees that will be completed in less than
   waktu kurang dari 12 bulan. Aset tidak lancar lainnya            12 months. Other non-current assets mainly consist
   terutama terdiri dari biaya pemenuhan kontrak.                   of cost to fulfill a contract.




                                                           67
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                    PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                    NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                     FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                 ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                    – Continued

13. ASET TETAP                                                                                     13. PROPERTY, PLANT AND EQUIPMENT
                                                Penambahan
                                                sehubungan
                                              dengan akuisisi                                                                   Selisih kurs
                                                entitas anak/                                                                    penjabaran
                               1 Januari/    Addition related to                                                             laporan keuangan/     31 Desember/
                               January 1,        acquisition        Penambahan/        Pengurangan/     Reklasifikasi/          Translation        December 31,
                                  2025         of subsidiaries        Additions         Deductions     Reclassifications        adjustment             2025
                                US$ '000          US$ '000            US$ '000           US$ '000         US$ '000                US$ '000           US$ '000
   Biaya perolehan:                                                                                                                                               At cost:
   Pemilikan langsung                                                                                                                                             Direct acquisitions
     Tanah                        18.479               12.789                    -               29                1.214                      -          32.453     Land
     Gedung dan perbaikan                                                                                                                                           Buildings and
        gedung                    46.657               12.071                    -              358                2.472                     (4)         60.838        improvements
     Alat berat, peralatan                                                                                                                                          Plant, equipment and
        dan kendaraan            633.885               72.904                    -            69.103           418.972                 (2.119)        1.054.539        vehicles
     Kapal                             -               56.282                    -                 -                42                   (488)           55.836     Vessels
     Perabotan dan
        perlengkapan              10.277                 2.239                   -             1.833             1.145                        8          11.836       Furniture and fixtures
     Aset dalam penyelesaian      94.760                     -             414.585                 -          (442.746)                     (64)         66.535       Construction in progress

   Jumlah                        804.058              156.285              414.585            71.323              (18.901)             (2.667)        1.282.037   Total

   Akumulasi penyusutan:                                                                                                                                          Accumulated depreciation:
   Pemilikan langsung                                                                                                                                             Direct acquisitions
     Gedung dan perbaikan                                                                                                                                           Buildings and
       gedung                     21.244                 7.728               4.751              232                     -                    (1)         33.490        improvements
     Alat berat, peralatan                                                                                                                                          Plant, equipment and
       dan kendaraan             443.249               33.136               72.233            57.909               (9.583)                 (818)        480.308        vehicles
     Kapal                             -               26.785                1.446                 -                    -                     -          28.231     Vessels
     Perabotan dan
       perlengkapan                9.398                 1.330                595              1.660                    -                     -           9.663       Furniture and fixtures

   Jumlah                        473.891               68.979               79.025            59.801               (9.583)                 (819)        551.692   Total

   Jumlah Tercatat Bersih        330.167                                                                                                                730.345   Net Carrying Amount

                                                                                                                        Selisih kurs
                                                                                                                         penjabaran
                                       1 Januari/                                                                    laporan keuangan/       31 Desember/
                                       January 1,       Penambahan/          Pengurangan/       Reklasifikasi/          Translation          December 31,
                                          2024            Additions           Deductions       Reclassifications        adjustment               2024
                                        US$ '000          US$ '000             US$ '000           US$ '000                US$ '000             US$ '000
   Biaya perolehan:                                                                                                                                          At cost:
   Pemilikan langsung                                                                                                                                        Direct acquisitions
     Tanah                                   15.539                    -                  -              2.941                       (1)            18.479     Land
     Gedung dan perbaikan gedung             44.903                    -                  -              1.771                      (17)            46.657     Buildings and improvements
     Alat berat, peralatan                                                                                                                                     Plant, equipment and
        dan kendaraan                       564.997                 -                39.750            109.788                   (1.150)           633.885        vehicles
     Perabotan dan perlengkapan              10.184                 -                     -                122                      (29)            10.277     Furniture and fixtures
     Aset dalam penyelesaian                 47.931           135.130                     -            (87.768)                    (533)            94.760     Construction in progress

   Jumlah                                   683.554           135.130                39.750             26.854                   (1.730)           804.058    Total

   Akumulasi penyusutan:                                                                                                                                     Accumulated depreciation:
   Pemilikan langsung                                                                                                                                        Direct acquisitions
     Gedung dan perbaikan gedung             17.486                3.766                  -                   -                      (8)            21.244     Buildings and improvements
     Alat berat, peralatan                                                                                                                                     Plant, equipment and
       dan kendaraan                        426.416              41.309              38.494             14.531                     (513)           443.249        vehicles
     Perabotan dan perlengkapan               8.906                 468                   -                  -                       24              9.398     Furniture and fixtures

   Jumlah                                   452.808              45.543              38.494             14.531                     (497)           473.891    Total

   Jumlah Tercatat Bersih                   230.746                                                                                                330.167    Net Carrying Amount


   Pada tahun 2025, Grup mereklasifikasi alat berat,                                                     In 2025, the Group reclassified heavy equipment,
   peralatan, dan kendaraan sebesar US$ 18.901 ribu                                                      machinery,       and    vehicles    amounted        to
   dari aset tetap ke aset hak-guna karena perjanjian                                                    US$ 18,901 thousand from property, plant and
   penggunaan aset tersebut memenuhi definisi sewa                                                       equipment to right-of-use assets, as the related
   sesuai PSAK 116: Sewa. Reklasifikasi ini tidak                                                        usage agreements meet the definition of a lease in
   berdampak pada laba rugi, hanya mengubah                                                              accordance with PSAK 116: Lease. This
   klasifikasi aset, yang mana aset tetap berkurang, dan                                                 reclassification has no impact on profit or loss, as it
   aset hak-guna bertambah sebesar nilai yang sama                                                       only changes the asset classification, whereby
   (31 Desember 2024: US$ 26.854 ribu yang diakui dari                                                   property, plant and equipment decreased, and right-
   akun aset hak-guna).                                                                                  of-use assets increased by the same amount.
                                                                                                         (December 31, 2024: US$ 26,854 thousand which is
                                                                                                         recognized from right-of-use assets).




                                                                                          68
Page 341
PT PETROSEA Tbk DAN ENTITAS ANAK                                                   PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                    FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                   – Continued

   Pelepasan aset tetap adalah sebagai berikut:                               Disposal of property, plant and equipment is as
                                                                              follows:

                                                      2025                 2024
                                                     US$ '000             US$ '000
   Nilai realisasi atas pelepasan                                                            Proceeds from disposal of property,
      aset tetap                                                -                    89        plant and equipment
   Nilai tercatat:                                                                           Net carrying amount:
      Aset tetap                                          11.522                   1.256       Property, plant and equipment
   Kerugian pelepasan aset tetap                                                             Loss on disposal of property, plant
      (Catatan 35)                                        (11.522)                (1.167)      and equipment (Note 35)

   Beban penyusutan dialokasikan sebagai berikut:                             Depreciation expense was allocated to the following:

                                                      2025                 2024
                                                     US$ '000             US$ '000

   Pemilikan langsung:                                                                      Direct acquisitions:
     Beban usaha langsung (Catatan 31)                    78.823                 45.458       Direct costs (Note 31)
     Beban administrasi (Catatan 33)                         202                     85       Administration expenses (Note 33)

   Jumlah                                                 79.025                 45.543     Total

   Aset dalam penyelesaian merupakan bangunan, alat                           Construction in progress mainly represents building,
   berat, peralatan dan kendaraan Grup yang masih                             plant, equipment and vehicles of the Group which
   belum selesai pada tanggal pelaporan, sebagai                              have not been completed at the reporting date as
   berikut:                                                                   follows:

                                                 31 Desember 2025/ December 31 , 2025
                                            Persentase       Akumulasi       Estimasi tahun
                                           penyelesaian/       biaya/        penyelesaian/
                                           Percentage of   Accumulated     Estimated year of
                                            completion         costs           completion
                                                             US$ ' 000
   Alat berat dan kendaraan                                                                          Heavy equipment and vehicles
     Alat berat, kendaraan dan lain-lain       61%                   61.682           2026             Heavy equipment, vehicles and others
   Bangunan                                                                                          Building
     Dermaga, gudang dan lain-lain             67%                    4.853           2026             Jetty, warehouse and others

   Jumlah                                                            66.535                          Total

                                                 31 Desember 2024/ December 31 , 2024
                                            Persentase       Akumulasi       Estimasi tahun
                                           penyelesaian/       biaya/        penyelesaian/
                                           Percentage of   Accumulated     Estimated year of
                                            completion         costs           completion
                                                             US$ ' 000
   Alat berat dan kendaraan                                                                          Heavy equipment and vehicles
     Alat berat lainnya                        74%                   93.216           2025             Other heavy equipment
   Bangunan                                                                                          Building
     Dermaga, gudang dan lain-lain             99%                    1.544           2025             Jetty, warehouse and others

   Jumlah                                                            94.760                          Total

   Manajemen tidak melihat adanya peristiwa yang akan                         Management does not foresee any events that may
   menghambat penyelesaian aset dalam penyelesaian                            occur that would prevent completion of such
   tersebut.                                                                  construction in progress.




                                                                69
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PT PETROSEA Tbk DAN ENTITAS ANAK                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                     – Continued

   Perusahaan memiliki beberapa bidang tanah di Nusa            The Company owns several parcels of land located
   Tenggara Barat, Balikpapan, Kabupaten Paser                  in West Nusa Tenggara, Balikpapan, Kabupaten
   Kalimantan Timur dan Timika seluas 473.247 meter             Paser East Kalimantan and Timika measuring
   persegi (tidak diaudit) yang diperoleh sejak tahun           473,247 square meters (unaudited) which were
   1998 sampai dengan tahun 2025 dengan hak legal               obtained since 1998 until 2025 with legal rights of
   berupa Hak Guna Bangunan (“HGB”) atas nama                   Building Use Rights (“HGB”) under the Company's
   Perusahaan. Jangka waktu HGB selama 20 tahun dan             name. The periods of HGB are 20 and 30 years, until
   30 tahun, masing-masing sampai tahun 2027, 2028,             2027, 2028, 2029, 2030, 2037, 2038, 2043, 2044,
   2029, 2030, 2037, 2038, 2043, 2044, 2048, 2051,              2048, 2051, 2052, 2053 and 2054, respectively.
   2052, 2053 dan 2054. Manajemen berpendapat                   Management believes that there will be no difficulty
   bahwa tidak terdapat kesulitan untuk memperpanjang           in the extension of the land rights since they were
   hak tersebut karena hak tersebut diperoleh secara sah        acquired legally and supported by sufficient
   dan didukung oleh bukti kepemilikan yang memadai.            evidence of ownership.

   Aset tetap termasuk aset yang telah habis disusutkan         Property, plant and equipment include fully
   tetapi masih digunakan dengan harga perolehan                depreciated assets but are still in use with
   sebesar     US$    53.064    ribu    pada    tanggal         acquisition cost of US$ 53,064 thousand as of
   31 Desember 2025 (31 Desember 2024:                          December 31, 2025 (December 31, 2024:
   US$ 37.965 ribu).                                            US$ 37,965 thousand).

   Alat berat, peralatan dan kendaraan dengan                   Plant, equipment and vehicles with carrying amount
   nilai tercatat US$ 525.271 ribu pada tanggal                 of US$ 525,271 thousand as of December 31, 2025
   31 Desember 2025 (31 Desember 2024:                          (December 31, 2024: US$ 141,912 thousand) are
   US$ 141.912 ribu) dijaminkan untuk pinjaman                  pledged as collateral for long-term loans from third
   jangka panjang dari pihak ketiga (Catatan 25).               parties (Note 25).

   Pada tanggal 31 Desember 2025, seluruh bangunan,             As of December 31, 2025, all buildings, plant,
   alat berat, peralatan dan kendaraan, serta                   equipment and vehicles, and fixtures owned by the
   perlengkapan yang dimiliki oleh Perusahaan, PTKBL            Company, PTKBL, and PTCEP, were insured
   dan PTCEP, telah diasuransikan kepada sebuah                 through a consortium led by PT Lippo General
   konsorsium yang dipimpin oleh PT Lippo General               Insurance   Tbk     against      all   risks   for
   Insurance Tbk terhadap semua risiko dengan jumlah            US$ 997,339 thousand (December 31, 2024:
   pertanggungan     sebesar     US$   997.339   ribu           US$ 589,207 thousand).
   (31 Desember 2024: US$ 589.207 ribu).

   Pada tanggal 31 Desember 2025, seluruh kendaraan             As of December 31, 2025, all vehicles and vessels
   dan kapal yang dimiliki oleh Grup Hafar, telah               owned by Hafar Group, were insured through
   diasuransikan kepada beberapa perusahaan asuransi            several insurer companies against all risks for
   terhadap semua risiko dengan jumlah pertanggungan            US$ 526 million (December 31, 2024: Nil).
   sebesar US$ 526 juta (31 Desember 2024: Nihil).

   Pada tanggal 31 Desember 2025, seluruh bangunan,             As of December 31, 2025, all buildings, plant,
   alat berat, peralatan dan kendaraan, serta                   equipment and vehicles, and fixtures, other than
   perlengkapan, selain alat berat, peralatan dan               plant, equipment and vehicles, and fixtures
   kendaraan, serta perlengkapan yang dimiliki oleh Grup        owned by HBS Group, were insured through a
   HBS, telah diasuransikan kepada sebuah konsorsium            consortium led by Aon Risk Services (PNG) Ltd.
   yang dipimpin oleh Aon Risk Services (PNG) Ltd.              against all risks K 32 million (equivalent to
   terhadap semua risiko dengan jumlah pertanggungan            US$ 7.7 million) (December 31, 2024: Nil).
   sebesar K 32 juta (setara dengan US$ 7,7 juta)
   (31 Desember 2024: Nihil).

   Pada tanggal 31 Desember 2025, seluruh alat berat,           As of December 31, 2025, all plant, equipment, and
   peralatan, dan kendaraan yang dimiliki oleh SBPL,            vehicles owned by SBPL, were insured through a
   telah diasuransikan kepada sebuah konsorsium yang            consortium led by Etiqa Insurance Pte., Ltd. against
   dipimpin oleh Etiqa Insurance Pte., Ltd. terhadap            all risks for SG$ 10 thousand (equivalent to
   semua risiko dengan jumlah pertanggungan sebesar             US$ 7.8 thousand) (December 31, 2024: Nil).
   SG$ 10 ribu (setara dengan US$ 7,8 ribu)
   (31 Desember 2024: Nihil).

   Manajemen berpendapat bahwa nilai pertanggungan              Management believes that the insurance coverage
   tersebut cukup untuk menutupi kemungkinan kerugian           is adequate to cover possible losses on the assets
   atas aset yang diasuransikan.                                insured.



                                                           70
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                  – Continued

14. ASET HAK-GUNA                                                                                 14. RIGHT-OF-USE ASSETS

   Grup menyewa beberapa aset termasuk gedung atau                                                     The Group leases several assets including building
   gudang, alat berat, peralatan dan kendaraan dan                                                     or warehouses, plant, equipment and vehicles and
   tanah. Rata-rata masa sewa adalah 2 - 15 tahun.                                                     land. The average lease term is 2 - 15 years.

   Grup memiliki opsi untuk membeli peralatan berat                                                    The Group has options to purchase certain heavy
   tertentu sejumlah nominal pada akhir masa sewa.                                                     equipment for a nominal amount at the end of the
   Kewajiban Grup dijamin dengan hak milik penyewa                                                     lease term. The Group’s obligations are secured by
   atas aset yang disewa untuk sewa tersebut.                                                          the lessors’ title to the leased assets for such leases.

                                               Penambahan
                                                sehubungan
                                             dengan akuisisi                                                                 Selisih kurs
                                                entitas anak/                                                                penjabaran
                              1 Januari/     Addition related                                                            laporan keuangan/     31 Desember/
                             January 1,        to acquisition    Penambahan/     Pengurangan/       Reklasifikasi/           Translation       December 31,
                                 2025         of subsidiaries      Additions      Deductions       Reclassifications         adjustment            2025
                              US$ '000            US$ '000         US$ '000        US$ '000           US$ '000                US$ '000           US$ '000
   Biaya perolehan:                                                                                                                                              At cost:
     Tanah                         3.450                254                  -            949                        -                    -           2.755         Land
     Gedung atau/gudang               24                  -                  -              -                        -                    -              24         Building or/warehouse
     Alat berat, peralatan                                                                                                                                          Plant, equipment and
       dan kendaraan             33.457               3.868              6.378           3.015              29.476                      134          70.298           vehicles
     Aset dalam
       penyelesaian                    8                   -            18.760                -             (10.575)                     52           8.245        Construction in progress

     Jumlah                      36.939               4.122             25.138           3.964              18.901                      186          81.322        Total

   Akumulasi penyusutan:                                                                                                                                         Accumulated depreciation:
     Tanah                         1.974                227               130                 -                      -                    -           2.331        Land
     Gedung atau/gudang               39                  -                 -                 -                      -                    -              39        Building or/warehouse
     Alat berat, peralatan                                                                                                                                         Plant, equipment and
       dan kendaraan             16.299               2.691             11.397           2.380                   9.583                  (63)         37.527          vehicles

     Jumlah                      18.312               2.918             11.527           2.380                   9.583                  (63)         39.897        Total

   Jumlah tercatat bersih        18.627                                                                                                              41.425      Net carrying amount

                                                                                                                        Selisih kurs
                                                                                                                        penjabaran
                                     1 Januari/                                                                     laporan keuangan/     31 Desember/
                                    January 1,        Penambahan/        Pengurangan/       Reklasifikasi/              Translation       December 31,
                                        2024            Additions         Deductions       Reclassifications            adjustment            2024
                                     US$ '000           US$ '000           US$ '000           US$ '000                   US$ '000           US$ '000
   Biaya perolehan:                                                                                                                                           At cost:
     Tanah                                  3.450                   -               -                        -                     -              3.450          Land
     Gedung atau/gudang                        75                   -              51                        -                     -                 24          Building or/warehouse
     Alat berat, peralatan                                                                                                                                       Plant, equipment and
       dan kendaraan                       62.864               4.277            6.964               (26.041)                   (679)            33.457            vehicles
     Aset dalam penyelesaian                  811                  10                -                  (813)                      -                  8          Construction in progress

     Jumlah                                67.200               4.287            7.015               (26.854)                   (679)            36.939         Total

   Akumulasi penyusutan:                                                                                                                                      Accumulated depreciation:
     Tanah                                  1.783                214               23                        -                     -              1.974         Land
     Gedung atau/gudang                        39                  -                -                        -                     -                 39         Building or/warehouse
     Alat berat, peralatan                                                                                                                                      Plant, equipment and
       dan kendaraan                       27.826               9.077            5.685               (14.531)                   (388)            16.299           vehicles

     Jumlah                                29.648               9.291            5.708               (14.531)                   (388)            18.312         Total

   Jumlah tercatat bersih                  37.552                                                                                                18.627       Net carrying amount


   Pada tanggal 31 Desember 2025 dan 2024, Grup                                                        On December 31, 2025 and 2024, the Group
   melakukan perjanjian jual dan sewa balik atas alat                                                  entered into sale and leaseback agreements for its
   berat dengan Perusahaan pembiayaan selama                                                           heavy equipment with financing Company for a
   4 sampai 5 tahun (Catatan 24). Setelah mengevaluasi                                                 period of 4 to 5 years (Note 24). After an evaluation
   syarat dan substansi dari perjanjian jual dan sewa                                                  of the terms and substance of the sale and
   balik selama periode berjalan, manajemen Grup                                                       leaseback arrangement during the period, the
   menetapkan bahwa secara substansial semua risiko                                                    Group’s management has determined that all the
   dan manfaat dari kepemilikan alat berat tersebut                                                    risks and rewards incidental to ownership of the
   berada pada penyewa dan mengklasifikasikan                                                          plant still rest with the lessee and classified the
   transaksi ini sebagai liabilitas sewa.                                                              transactions as lease liabilities.




                                                                                         71
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

   Pada tanggal 31 Desember 2025, sewa aset tetap                  On December 31, 2025, certain leases for plant and
   tertentu telah berakhir. Kontrak yang telah berakhir            equipment were expired. The expired contracts were
   digantikan dengan sewa baru untuk aset pendasar                 replaced by new leases for identical underlying
   yang identik. Hal ini mengakibatkan penambahan                  assets. This resulted in additions to right-of-use
   pada aset hak-guna sebesar US$ 25.138 ribu                      asset amounted to US$ 25,138 thousand
   (31 Desember 2024: US$ 4.287 ribu).                             (December 31, 2024: US$ 4,287 thousand).

   Pada tanggal 31 Desember 2025 and 2024, terdapat                On December 31, 2025 and 2024, there are leases
   sewa aset tetap yang telah sepenuhnya dilunasi dan              for equipment that has been fully repaid and
   menjadi milik Grup, sehingga aset tetap tersebut                therefore owned by the Group, hence, the
   direklasifikasikan menjadi aset tetap kepemilikan               equipment is reclassified as property direct
   langsung.                                                       ownership.

   Jumlah yang diakui ke laba rugi yang timbul dari sewa           Amounts recognized in profit or loss arising from
   adalah sebagai berikut:                                         leases are as follows:

                                                 2025               2024
                                                US$ '000           US$ '000
                                                                                 Depreciation expense on right-of-use
   Beban sewa penyusutan aset hak-guna              11.527              9.291      assets

   Beban bunga atas liabilitas sewa                                              Interest expense on lease liabilities
     (Catatan 34)                                    2.244              2.257       (Note 34)

   Beban yang berkaitan dengan sewa
     jangka pendek                                  63.880             19.339    Expense relating to short-term leases

   Beban yang berkaitan dengan sewa                                              Expense relating to leases of low-value
     aset bernilai rendah                              141                183      assets

   Beban yang berkaitan dengan pembayaran                                        Expense relating to variabe lease
     sewa variabel tidak termasuk dalam                                            payments not included in the
     pengukuran liabilitas sewa                      2.003                868      measurement of the lease liability

   Beban penyusutan dialokasikan sebagai berikut:                  Depreciation expense was allocated to the following:

                                                 2025               2024
                                                US$ '000           US$ '000

   Beban usaha langsung (Catatan 31)                11.513              9.215    Direct costs (Note 31)
   Beban administrasi (Catatan 33)                      14                 76    Administration expenses (Note 33)

   Jumlah                                           11.527              9.291    Total


15. GOODWILL                                                    15. GOODWILL

   Pada tanggal 31 Desember 2025 dan 2024, goodwill                 As of December 31, 2025 and 2024, goodwill arising
   yang timbul dari akuisisi entitas anak adalah sebagai            from the acquisitions of subsidiaries is as follows:
   berikut:

                                              31 Desember/       31 Desember/
                                              December 31,       December 31,
                                                  2025               2024
                                                US$ '000           US$ '000

   PTKMS                                             18.987             18.987   PTKMS
   SBPL (Catatan 39)                                  1.627                  -   SBPL (Note 39)
   PTPII                                                781                781   PTPII

   Jumlah                                            21.395             19.768   Total

   Nilai goodwill yang material oleh Grup terutama                  The Group’s material balance of goodwill mainly
   berasal dari PTKMS.                                              resulted from PTKMS.



                                                           72
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

   PTKMS                                                            PTKMS

   Goodwill telah dialokasikan untuk tujuan pengujian               Goodwill has been allocated for impairment testing
   penurunan nilai ke unit penghasil kas berupa                     purposes to the cash-generating unit of coal mining.
   pertambangan batubara.

   Pengujian penurunan nilai atas goodwill dilakukan                Goodwill is tested for impairment annually and when
   secara tahunan dan ketika terdapat suatu indikasi                circumstances indicate that the carrying value may
   bahwa nilai tercatatnya mengalami penurunan nilai.               be impaired.

   Jumlah terpulihkan dari unit penghasil kas ditentukan            The recoverable amount of this cash-generating unit
   berdasarkan perhitungan nilai pakai (“VIU”) yang                 is determined based on a value-in-use (“VIU”)
   menggunakan proyeksi arus kas berdasarkan                        calculation which uses cash flow projections based
   anggaran keuangan untuk jangka waktu sampai                      on financial budgets over the mining permit rights,
   dengan masa izin pertambangan, dan tingkat diskonto              and a discount rate of 10.64% per annum for the
   sebesar 10,64% per tahun untuk tahun yang berakhir               year ended December 31, 2025 (2024: 11.75% per
   31 Desember 2025 (2024: 11,75% per tahun).                       annum).

   Tidak ada kelebihan (“headroom”) jika tingkat diskonto           There will be no headroom if discount rate is set at
   ditetapkan sebesar 22,29%.                                       22.29%.

   Setelah penilaian penurunan nilai selesai, manajemen             Upon completion of the impairment assessment,
   telah menyimpulkan bahwa terdapat ruang yang                     management has concluded that there is
   cukup sehingga tidak terdapat kerugian penurunan                 adequate headroom resulting in no impairment
   nilai yang diakui pada tahun-tahun yang berakhir pada            losses to be recognized for the years ended on
   tanggal 31 Desember 2025 dan 2024.                               December 31, 2025 and 2024.

16. KEPEMILIKAN DALAM OPERASI BERSAMA                            16. INTEREST IN JOINT OPERATION

   Operasi Bersama Fluor-Petrosea                                   Fluor-Petrosea Joint Operation

   Pada tanggal 11 Maret 2020, Perusahaan melakukan                 On March 11, 2020, the Company entered into an
   kerja sama operasi dengan PT Fluor Daniel Indonesia              unicorporated joint operation agreement with
   (FLUOR) yang dikenal dengan nama Fluor-Petrosea                  PT Fluor Daniel Indonesia (FLUOR) known as the
   Joint Organization (FPJO) dimana dilaksanakan                    Fluor-Petrosea Joint Organization (FPJO) in which
   pengendalian bersama.                                            joint control is exercised.

   Bagian Perusahaan dalam kerja sama ini secara                    The Company’s portion in FPJO altogether is 40%
   keseluruhan adalah 40% sehubungan dengan Mill                    related to Mill Optimization for Underground Ores
   Optimization for Underground Ores Project untuk                  Project for PT Freeport Indonesia (PTFI). The Group
   PT Freeport Indonesia (PTFI). Grup berhak atas                   is entitled to a proportionate share of the
   proporsional bagian dari penghasilan konstruksi dan              engineering and construction income received and
   rekayasa yang diterima dan menanggung bagian                     bears a proportionate share of joint operation’s
   proporsional dari biaya operasi bersama.                         expenses.

   Ringkasan keuangan di bawah ini merupakan jumlah                 The summarized financial information below
   yang ditunjukkan dalam laporan keuangan operasi                  represents amounts shown in the joint operation’s
   bersama sesuai dengan Standar Akuntansi Keuangan                 financial statements in accordance with Indonesian
   Indonesia:                                                       Financial Accounting Standards:

                                              31 Desember/       31 Desember/
                                              December 31,       December 31,
                                                  2025               2024
                                                US$ '000           US$ '000

   Jumlah aset                                       42.050            47.046   Total assets
   Jumlah liabilitas                                 39.837            48.071   Total liabilities

                                                 2025               2024
                                                US$ '000           US$ '000

   Jumlah pendapatan                                 28.846            59.273   Total revenues
   Jumlah beban                                      27.325            58.187   Total expenses




                                                            73
Page 346
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                  – Continued

17. ASET TAK-BERWUJUD                                                                              17. INTANGIBLE ASSETS

                                                 Penambahan
                                                 sehubungan                                                               Selisih kurs
                                               dengan akuisisi                                                            penjabaran
                                                 entitas anak/                                                              laporan
                                    1 Januari/ Addition related                                                           keuangan/        31 Desember/
                                    January 1, to acquisition Penambahan/         Pengurangan/       Reklasifikasi/       Translation      December 31,
                                      2025      of subsidiaries Additions          Deductions       Reclassifications     adjustment           2025
                                     US$ '000      US$ '000     US$ '000            US$ '000           US$ '000            US$ '000          US$ '000

   Biaya perolehan:                                                                                                                                          At cost:
     Perangkat lunak komputer          43.640            54                  -            2.847                 3.720                (5)         44.562        Computer software
     Aset tak-berwujud berasal                                                                                                                                 Intangible assets from
       dari akuisisi entitas anak      89.086         47.485                 -                 -                     -         1.949            138.520           the acquisition of subsidiaries
     Aset tak-berwujud dalam                                                                                                                                   Intangible assets under
       pengembangan                       440              -             4.086                 -                (3.720)               -             806           development

   Jumlah                             133.166         47.539             4.086            2.847                      -         1.944            183.888      Total

   Akumulasi amortisasi:                                                                                                                                     Accumulated amortization:
     Perangkat lunak komputer          25.920            54              6.815                47                     -               (3)         32.739        Computer software
     Aset tak-berwujud berasal                                                                                                                                 Intangible assets from
       dari akuisisi entitas anak       9.109              -             7.790                 -                     -                -          16.899           the acquisition of subsidiaries

   Jumlah                              35.029            54             14.605                47                     -               (3)         49.638      Total

   Jumlah tercatat bersih              98.137                                                                                                   134.250      Net carrying amount

                                                                                                               Selisih kurs
                                                                                                            penjabaran laporan
                                        1 Januari/                                                              keuangan/      31 Desember/
                                        January 1,     Penambahan/       Pengurangan/      Reklasifikasi/      Translation     December 31,
                                          2024           Additions        Deductions      Reclassifications    adjustment          2024
                                         US$ '000        US$ '000          US$ '000          US$ '000            US$ '000        US$ '000
   Biaya perolehan:                                                                                                                                       At cost:
     Perangkat lunak komputer              43.648                   -                -                   (2)                   (6)            43.640        Computer software
     Aset tak-berwujud berasal                                                                                                                              Intangible assets from
       dari akuisisi entitas anak                                                                                                                              the acquisition of subsidiaries
       (Catatan 39)                        89.086                   -                -                     -                     -            89.086          (Note 39)
     Aset tak-berwujud dalam                                                                                                                                Intangible assets under
       pengembangan                             805             1.418                -               (1.783)                     -               440           development

   Jumlah                                 133.539               1.418                -               (1.785)                   (6)           133.166      Total

   Akumulasi amortisasi:                                                                                                                                  Accumulated amortization:
     Perangkat lunak komputer              19.365               6.794                -                 (238)                   (1)            25.920        Computer software
     Aset tak-berwujud berasal                                                                                                                              Intangible assets from
       dari akuisisi entitas anak            3.185              5.924                -                     -                     -             9.109           the acquisition of subsidiaries

   Jumlah                                  22.550              12.718                -                 (238)                   (1)            35.029      Total

   Jumlah tercatat bersih                 110.989                                                                                             98.137      Net carrying amount


   Reklasifikasi   pada     tahun    2024      termasuk                                                Reclassification in 2024 includes reclassification of
   aset-tak-berwujud yang merupakan bagian dari beban                                                  intangible assets that are part of prepaid expenses
   dibayar dimuka dan aset tidak lancar lainnya.                                                       and other non-current asset.

   Beban amortisasi dialokasikan sebagai berikut:                                                      Amortization expense was allocated to the following:

                                                                         2025                        2024
                                                                        US$ '000                    US$ '000

   Pemilikan langsung:                                                                                                      Direct acquisitions:
     Beban usaha langsung (Catatan 31)                                           13.042                         9.958         Direct costs (Note 31)
     Beban administrasi (Catatan 33)                                              1.563                         2.760         Administration expenses (Note 33)

   Jumlah                                                                        14.605                        12.718       Total




                                                                                         74
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                 – Continued

18. INVESTASI PADA ASOSIASI                                                        18. INVESTMENTS IN ASSOCIATES

                                                           31 Desember/            31 Desember/
                                                           December 31,            December 31,
                                                               2025                    2024
                                                             US$ '000                US$ '000

   Biaya perolehan investasi pada
     entitas asosiasi                                               13.218                    2.545         Cost of investment in associates
   Bagian laba (rugi) bersih setelah akuisisi,                                                              Share of post-acquisition profit (loss),
     setelah dikurangi penerimaan dividen                                44                     (557)         net of dividends received

                                                                    13.262                    1.988

   Rincian entitas asosiasi Grup yang material adalah                                     Details of the Group's material associates are as
   sebagai berikut:                                                                       follows:

                                                                                                Persentase kepemilikan/                    Nilai tercatat/
         Nama entitas                                                                          Percentage of ownership                    Carrying value
           asosiasi/                                                          Tempat        31 Desember/     31 Desember/         31 Desember/       31 Desember/
           Name of                        Aktivitas utama/                  kedudukan/      December 31,     December 31,         December 31,       December 31,
          associates                      Principal activity                 Domicile           2025             2024                 2025                 2024
                                                                                                 %                 %                US$ '000            US$ '000

   PT Chandra Tirta Karian   Jasa keuangan, bukan asuransi dan dana           Indonesia       35,00%               35,00%                4.706               325
   (CTK)                     pensiun, perusahaan holding/ Financial
                             services, not insurance and pension fund,
                             holding company

   PT Portus Bara Jaya       Pengangkutan dan pergudangan/                    Indonesia       50,00%                       -             4.847               -
   (PBJ)                     Transportation and warehouse

   PT Maha Raja Mineral      Perdagangan/ Trading                             Indonesia       40,00%                       -             3.566               -
   (MRM)


   CTK                                                                                    CTK

   CTK adalah perusahaan yang bergerak di bidang jasa                                     CTK is a company engaged in financial services,
   keuangan, bukan asuransi dan dana pensiun, serta                                       excluding insurance and pension funds, as well as
   perusahaan holding.                                                                    holding companies.

   Ringkasan informasi keuangan masing-masing entitas                                     Summarized financial information in respect of each
   asosiasi diungkapkan di bawah ini. Ringkasan                                           of the Group’s associates is set out below. The
   informasi keuangan di bawah ini merupakan jumlah                                       summarized financial information below represents
   yang disajikan dalam laporan keuangan entitas                                          amounts shown in the associates’ financial
   asosiasi yang disusun sesuai dengan PSAK.                                              statements prepared in accordance with PSAKs.

                                                               31 Desember/          31 Desember/
                                                               December 31,          December 31,
                                                                   2025                  2024
                                                                 US$ '000              US$ '000

   Jumlah aset                                                       13.515                       929         Total assets
   Jumlah liabilitas                                                     70                         -         Total liabilities
   Jumlah ekuitas                                                    13.445                       929         Total equity

                                                                  2025                     2024
                                                                 US$ '000                 US$ '000

   Jumlah laba komprehensif                                              423                            -     Total comprehensive income




                                                                            75
Page 348
PT PETROSEA Tbk DAN ENTITAS ANAK                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                               – Continued

   Rekonsiliasi dari ringkasan informasi keuangan di atas                Reconciliation from the summarized financial
   dengan jumlah tercatat dari bagian entitas asosiasi                   information above with the carrying amount of the
   yang diakui dalam laporan keuangan konsolidasian:                     interest in the associate recognized in the
                                                                         consolidated financial statements:

                                                31 Desember/        31 Desember/
                                                December 31,        December 31,
                                                    2025                2024
                                                  US$ '000            US$ '000

   Aset bersih entitas asosiasi                       13.445                     929      Net assets of the associate
   Proporsi kepemilikan Grup                             35%                     35%      Proportion of the Group's ownership interest
   Nilai tercatat bagian Grup                          4.706                     325      Carrying amount of the Group's interest

   Mutasi investasi pada CTK sebagai berikut:                            Change in investment in CTK are as follows:

                                                  2025                2024
                                                 US$ '000            US$ '000

   Saldo awal                                            325                    325      Beginning balance
   Penambahan investasi                                4.505                      -      Additional investment
   Bagian rugi entitas asosiasi                         (148)                     -      Share in loss of associate
   Penyesuaian lainnya                                    24                      -      Other adjustment
   Saldo akhir                                         4.706                    325      Ending balance

   PBJ                                                                   PBJ

   PBJ adalah perusahaan yang bergerak di bidang                         PBJ is a company engaged in transportation and
   pengangkutan dan pergudangan.                                         warehouse.

   Ringkasan informasi keuangan masing-masing entitas                    Summarized financial information in respect of each
   asosiasi diungkapkan di bawah ini. Ringkasan                          of the Group’s associates is set out below. The
   informasi keuangan di bawah ini merupakan jumlah                      summarized financial information below represents
   yang disajikan dalam laporan keuangan entitas                         amounts shown in the associates’ financial
   asosiasi yang disusun sesuai dengan PSAK.                             statements prepared in accordance with PSAKs.

                                                            31 Desember/
                                                            December 31,
                                                                2025
                                                              US$ '000

   Jumlah aset                                                     9.694       Total assets
   Jumlah liabilitas                                                   -       Total liabilities
   Jumlah ekuitas                                                  9.694       Total equity

                                                               2025
                                                              US$ '000
   Jumlah laba komprehensif                                                -   Total comprehensive income

   Rekonsiliasi dari ringkasan informasi keuangan di atas                Reconciliation from the summarized financial
   dengan jumlah tercatat dari bagian entitas asosiasi                   information above with the carrying amount of the
   yang diakui dalam laporan keuangan konsolidasian:                     interest in the associate recognized in the
                                                                         consolidated financial statements:

                                                         31 Desember/
                                                         December 31,
                                                             2025
                                                           US$ '000

   Aset bersih entitas asosiasi                                    9.694       Net assets of the associate
   Proporsi kepemilikan Grup                                         50%       Proportion of the Group's ownership interest
   Nilai tercatat bagian Grup                                      4.847       Carrying amount of the Group's interest




                                                            76
Page 349
PT PETROSEA Tbk DAN ENTITAS ANAK                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                               – Continued

   Mutasi investasi pada PBJ sebagai berikut:                            Change in investment in PBJ are as follows:

                                                               2025
                                                              US$ '000

   Penambahan investasi                                             4.847       Additional investment

   Saldo akhir                                                      4.847       Ending balance

   MRM                                                                   MRM

   MRM adalah perusahaan yang bergerak di bidang                         MRM is a company engaged in wholesale and retail
   perdagangan besar dan eceran, pengangkutan serta                      trade; transportation, professional, scientific, and
   aktivitas profesional, ilmiah, dan teknis.                            technical activities.

   Ringkasan informasi keuangan masing-masing entitas                    Summarized financial information in respect of each
   asosiasi diungkapkan di bawah ini. Ringkasan                          of the Group’s associates is set out below. The
   informasi keuangan di bawah ini merupakan jumlah                      summarized financial information below represents
   yang disajikan dalam laporan keuangan entitas                         amounts shown in the associates’ financial
   asosiasi yang disusun sesuai dengan PSAK.                             statements prepared in accordance with PSAKs.

                                                            31 Desember/
                                                            December 31,
                                                                2025
                                                              US$ '000

   Jumlah aset                                                     34.935      Total assets
   Jumlah liabilitas                                               26.020      Total liabilities
   Jumlah ekuitas                                                   8.915      Total equity

                                                               2025
                                                              US$ '000

   Jumlah laba komprehensif                                         2.361      Total comprehensive income

   Rekonsiliasi dari ringkasan informasi keuangan di atas                Reconciliation from the summarized financial
   dengan jumlah tercatat dari bagian entitas asosiasi                   information above with the carrying amount of the
   yang diakui dalam laporan keuangan konsolidasian:                     interest in the associate recognized in the
                                                                         consolidated financial statements:

                                                            31 Desember/
                                                            December 31,
                                                                2025
                                                              US$ '000

   Aset bersih entitas asosiasi                                    8.915       Net assets of the associate
   Proporsi kepemilikan Grup                                         40%       Proportion of the Group's ownership interest

   Nilai tercatat bagian Grup                                      3.566       Carrying amount of the Group's interest

   Mutasi investasi pada MRM sebagai berikut:                            Change in investment in MRM are as follows:

                                                               2025
                                                              US$ '000

   Penambahan investasi                                             3.374      Additional investment
   Bagian laba rugi entitas asosiasi                                  192      Share in profit of associate

   Saldo akhir                                                      3.566      Ending balance




                                                            77
Page 350
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                          – Continued

19. UTANG BANK JANGKA PENDEK                                                               19. SHORT-TERM BANK LOANS

                                       Fasilitas                                                                Tingkat bunga
                                      maksimum/                                         Tanggal                   per tahun/         31 Desember/       31 Desember/
                                      Maximum           Tanggal perjanjian/          jatuh tempo/                Interest rate       December 31,       December 31,
         Kreditur/ Creditor             facility         Agreement date              Maturity date                per annum              2025               2024
                                       US$ '000                                                                                        US$ '000           US$ '000

    PT Bank Cental Asia Tbk                 70.000         11 Juni 2024/            10 Maret 2026/        Coumpounded IndONIA 3M            33.572                34.121
                                                          June 11, 2024             March 10, 2026             + 2,80% p.a.

    Jumlah/ Total                                                                                                                           33.572                34.121

   Rekonsiliasi arus kas aktivitas pendanaan yang timbul                                             Reconciliation of cashflows from financing activities
   dari utang bank jangka pendek adalah:                                                             arising from short-term bank loans are as follows:

                               1 Januari/                                                                                        31 Desember/
                              January 1,             Arus kas masuk/          Arus kas keluar/           Perubahan nonkas/       December 31,
                                  2025                 Cash inflow             Cash outflow              Non-cash changes            2025
                               US$ '000                 US$ '000                 US$ '000                    US$ '000              US$ '000

   Utang bank                         34.121                 106.238                     (106.797)                       10              33.572      Bank loans

                               1 Januari/                                                                                        31 Desember/
                              January 1,             Arus kas masuk/          Arus kas keluar/           Perubahan nonkas/       December 31,
                                  2024                 Cash inflow             Cash outflow              Non-cash changes            2024
                               US$ '000                 US$ '000                 US$ '000                    US$ '000              US$ '000

   Utang bank                         37.127                   59.000                     (62.000)                        (6)            34.121      Bank loans


   Perusahaan                                                                                        The Company

   PT Bank Central Asia Tbk (BCA)                                                                    PT Bank Central Asia Tbk (BCA)

   Pada tanggal 29 Mei 2024, Grup dan BCA                                                            On May 29, 2024, the Group and BCA signed an
   menandatangani perjanjian untuk memberikan                                                        agreement related to time loan revolving facility
   fasilitas time loan revolving sebesar US$ 70 juta,                                                amounted to US$ 70 million, with a tenure of
   dengan jatuh tempo 2 tahun dan tingkat suku bunga                                                 2 years and an interest rate of three-months
   term Secured Overnight Financing Rate (“SOFR”) tiga                                               Secured Overnight Financing Rate (“SOFR”) term
   bulan ditambah margin sebesar 2% per tahun untuk                                                  plus margin of 2% per annum for USD and three-
   USD dan Jakarta Interbank Offered Rate (”JIBOR”)                                                  months Jakarta Interbank Offered Rate (“JIBOR”)
   tiga bulan ditambah margin sebesar 1,75% per tahun                                                plus margin of 1.75% per annum for IDR. The
   untuk IDR. Tujuan penggunaan fasilitas ini untuk                                                  purpose of this facility is to finance the Group’s
   membiayai modal kerja Grup. Fasilitas ini hanya dapat                                             working capital. This facility can only be used by the
   digunakan oleh Perusahaan, PTKBL dan PTCEP.                                                       Company, PTKBL and PTCEP.

   Pada tanggal 27 Agustus 2025, fasilitas                                    ini                    On August 27, 2025, this facility was extended until
   diperpanjang sampai dengan 29 Mei 2027.                                                           May 29, 2027.

   Pada tanggal 22 September 2025, BCA melakukan                                                     On September 22, 2025, BCA adjusted the IDR
   penyesuaian suku bunga IDR menjadi 7,75% per                                                      interest rate to 7.75% per annum effective on
   tahun yang efektif pada tanggal 23 September 2025.                                                September 23, 2025.

   Pada tanggal 22 Oktober 2025, BCA melakukan                                                   On October 22, 2025, BCA adjusted the IDR interest
   penyesuaian suku bunga IDR menjadi Compounded                                                 rate to 90-days Compounded IndONIA plus margin
   IndONIA 90 hari ditambah margin sebesar 2,80% per                                             of 2.80% per annum effective on October 23, 2025.
   tahun yang efektif pada tanggal 23 Oktober 2025.

   Selama periode Januari sampai dengan Desember                                                     During the period from January to December 2025,
   2025, Perusahaan telah menggunakan fasilitas ini                                                  the Company has utilized this facility several times,
   beberapa kali, dengan penggunaan terakhir pada                                                    with the most recent usage on December 10, 2025
   tanggal 10 Desember 2025 sebesar Rp 250.320 juta                                                  amounted to Rp 250,320 million (equivalent to
   (setara dengan US$ 14.916 ribu) yang jatuh tempo                                                  US$ 14,916 thousand) maturing on March 10, 2026.
   pada tanggal 10 Maret 2026.




                                                                                    78
Page 351
PT PETROSEA Tbk DAN ENTITAS ANAK                                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                              – Continued

   Pada tanggal 31 Desember 2025 dan 2024, pinjaman                      On December 31, 2025 and 2024, borrowings from
   dari fasilitas ini dijamin dengan piutang usaha masing-               this facility are collateralized by trade accounts
   masing senilai US$ 33.440 ribu dan US$ 34.000 ribu                    receivable amounted to US$ 33,440 thousand and
   (Catatan 7a).                                                         US$ 34,000 thousand, respectively (Note 7a).

   Beban bunga atas utang bank jangka pendek untuk                       The interest expenses incurred from short-term
   tahun yang berakhir 31 Desember 2025 sebesar                          bank loans for the year ended December 31, 2025
   US$ 1.385 ribu (2024: US$ 2.960 ribu) (Catatan 34).                   amounted to US$ 1,385 thousand (2024:
                                                                         US$ 2,960 thousand) (Note 34).


20. UTANG USAHA                                                       20. TRADE ACCOUNTS PAYABLE

                                                31 Desember/           31 Desember/
                                                December 31,           December 31,
                                                    2025                   2024
                                                  US$ '000               US$ '000

   a. Berdasarkan pemasok                                                                 a. By creditor
      Pihak berelasi (Catatan 40)                                                            Related parties (Note 40)
         PT Triguna Internusa Pratama                   4.505                 1.205            PT Triguna Internusa Pratama
         PT Meranti Sembada                               963                     -            PT Meranti Sembada
         PT Prima Mineral Investindo                      614                   459            PT Prima Mineral Investindo
         PT Tamtama Perkasa                               478                     -            PT Tamtama Perkasa
         PT Griya Idola                                    14                     -            PT Griya Idola

        Jumlah                                          6.574                 1.664            Total

      Pihak ketiga                                                                           Third parties
         Pemasok dalam negeri                         266.818               115.667            Local suppliers
         Pemasok luar negeri                           10.249                 2.519            Foreign suppliers

        Jumlah                                        277.067               118.186            Total

      Jumlah                                          283.641               119.850          Total

   b. Berdasarkan umur                                                                    b. By age category
      Belum jatuh tempo                               161.527                96.115          Not yet due
      Sudah jatuh tempo                                                                      Past due
        Dibawah 30 hari                                39.287                 3.727            Under 30 days
        31 - 60 hari                                   38.029                 6.282            31 - 60 days
        61 - 90 hari                                   28.869                 4.129            61 - 90 days
        91 - 120 hari                                   7.058                 3.295            91 - 120 days
        > 120 hari                                      8.871                 6.302            > 120 days

      Jumlah                                          283.641               119.850          Total

   c. Berdasarkan mata uang                                                               c. By currency
      Mata uang fungsional                                                                   Functional currency
        Dolar Amerika Serikat                          23.903                15.656            U.S. Dollar
      Mata uang lain                                                                         Other currencies
        Rupiah                                        250.145               103.119            Rupiah
        Kina Papua Nugini                               8.636                     -            Papua New Guinean Kina
        Dolar Australia                                   919                 1.029            Australian Dollar
        Euro                                               12                    45            Euro
        Dolar Singapura                                    26                     1            Singapore Dollar
                                                                  -                   -




      Jumlah                                          283.641               119.850          Total




                                                             79
Page 352
PT PETROSEA Tbk DAN ENTITAS ANAK                                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                         – Continued

21. UTANG PAJAK                                                           21. TAXES PAYABLE

                                                      31 Desember/           31 Desember/
                                                      December 31,           December 31,
                                                          2025                   2024
                                                        US$ '000               US$ '000
   Pajak kini                                                                                     Current tax
     Entitas anak                                               2.377                      39       Subsidiaries
   Pajak penghasilan                                                                              Income tax
     Pasal 4(2)                                                  676                      416       Article 4(2)
     Pasal 15                                                    200                       40       Article 15
     Pasal 21                                                   1.396                     510       Article 21
     Pasal 23                                                   1.438                     892       Article 23
     Pasal 25                                                       5                      43       Article 25
     Pasal 26                                                      96                      11       Article 26
   Pajak Pertambahan Nilai - bersih                                                               Value Added Tax - net
     Entitas anak                                               1.405                     399       Subsidiaries

   Jumlah                                                       7.593                    2.350    Total

   Pada tanggal 10 Oktober 2024, Perusahaan                                     On October 10, 2024, the Company received the
   menerima Surat Ketetapan Pajak Kurang Bayar                                  Underpayment Tax Assessment Letter (“SKPKB”)
   (”SKPKB”) atas PPh Badan tahun 2019 sebesar                                  on CIT for 2019 amounted to US$ 264 thousand.
   US$ 264 ribu. Kurang bayar Perusahaan telah dicatat                          The Company’s underpayment has been recorded
   pada laporan laba rugi tahun lalu sebesar                                    in prior year’s profit or loss amounted to
   US$ 184 ribu (Catatan 36) dan sanksi administrasi                            US$ 184 thousand (Note 36) and the administrative
   sebesar US$ 80 ribu telah dicatat pada keuntungan                            penalty amounted to US$ 80 thousand has been
   dan kerugian lain-lain. Perusahaan telah melakukan                           recorded as other gains and losses. The Company
   pembayaran atas kurang bayar tersebut pada tanggal                           already    paid     that     underpayment      on
   30 November 2024.                                                            November 30, 2024.

   Pada tanggal 11 Desember 2024, Perusahaan                                    On December 11, 2024, the Company received the
   menerima SKPKB atas Pajak Penghasilan (“PPh”)                                Underpayment Tax Assessment Letter (“SKPKB”)
   dan PPN sebesar Rp 351 juta (setara dengan                                   on Income Tax (“PPh”) and VAT amounted to
   US$    22   ribu) yang telah dilunasi pada                                   Rp 351 million (equivalent to US$ 22 thousand)
   Desember 2024. Rincian SKPKB sebagai berikut:                                which already paid on December 2024. Details of
                                                                                SKPKB are as follows:

      Nomor SKPLB/                                                  Jenis Pajak/                                           Jumlah (dalam Rp)/
                                      Tanggal/ Date                                              Masa Pajak/ Period
      SKPLB Number                                                  Taxes Type                                                Total (in Rp)
    00007/201/23/091/24   11 Desember 2024/ December 11, 2024    PPh 21/ Article 21       Desember 2023/ December 2023             34.924.484
    00012/203/23/091/24   11 Desember 2024/ December 11, 2024    PPh 23/ Article 23       Desember 2023/ December 2023            217.724.322
    00008/240/23/091/24   11 Desember 2024/ December 11, 2024   PPh 4(2)/ Article 4(2)          April 2023/ April 2023             32.054.000
    00009/240/23/091/24   11 Desember 2024/ December 11, 2024   PPh 4(2)/ Article 4(2)          Juni 2023/ June 2023               11.569.250
    00010/240/23/091/24   11 Desember 2024/ December 11, 2024   PPh 4(2)/ Article 4(2)       Oktober 2023/ October 2023            11.142.800
    00011/240/23/091/24   11 Desember 2024/ December 11, 2024   PPh 4(2)/ Article 4(2)    November 2023/ November 2023                402.318
    00012/240/23/091/24   11 Desember 2024/ December 11, 2024   PPh 4(2)/ Article 4(2)    Desember 2023/ December 2023              7.951.323
    00053/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                 Januari 2023/ January 2023               503.421
    00054/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                Februari 2023/ February 2023            6.989.022
    00055/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                  Maret 2023/ March 2023                5.875.644
    00056/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                    April 2023/ April 2023                240.098
    00057/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                    Mei 2023/ May 2023                    591.476
    00058/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                    Juni 2023/ June 2023                  515.846
    00059/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                     Juli 2023/ July 2023                 827.731
    00060/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                 Agustus 2023/ August 2023                452.580
    00061/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT              September 2023/ September 2023              115.500
    00062/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT                 Oktober 2023/ October 2023               204.050
    00063/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT              November 2023/ November 2023             19.416.912
    00064/207/23/091/24   11 Desember 2024/ December 11, 2024       PPN/ VAT              Desember 2023/ December 2023                162.794
                                                                                                   Jumlah/ Total                  350.958.259




                                                                  80
Page 353
PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

22. BEBAN MASIH HARUS DIBAYAR                                     22. ACCRUED EXPENSES

                                               31 Desember/       31 Desember/
                                               December 31,       December 31,
                                                   2025               2024
                                                 US$ '000           US$ '000

   Gaji dan bonus                                      9.466             16.241   Salaries and bonuses
   Jasa keamanan                                       2.669              2.764   Security services
   Cuti tahunan                                        2.182              1.115   Annual leave
   Tanggung jawab sosial perusahaan                    1.281              1.355   Corporate social responsibility
   Bagian lancar cuti berimbalan jangka                                           Current-maturities of long service
     panjang (Catatan 38)                                781               547      leave (Note 38)
   Lain-lain                                             171               544    Others

   Jumlah                                             16.550             22.566   Total



23. LIABILITAS KONTRAK                                            23. CONTRACT LIABILITIES

                                               31 Desember/       31 Desember/
                                               December 31,       December 31,
                                                   2025               2024
                                                 US$ '000           US$ '000

   Pihak berelasi (Catatan 40)                                                    Related Parties (Note 40)
     PT Daya Bumindo Karunia                           3.894                 -      PT Daya Bumindo Karunia
     PT Barito Pacific Lumber                          1.196                 -      PT Barito Pacific Lumber
   Pihak ketiga                                       16.166            20.869    Third parties

   Jumlah                                             21.256            20.869    Total

   Liabilitas kontrak adalah saldo terutang yang berkaitan           Contract liabilities are balance due to customers
   dengan kontrak konstruksi dan jasa kontraktor                     relating to construction contracts and mining under
   pertambangan kepada pelanggan selama kontrak. Hal                 contracts. These arise if a particular milestone
   ini muncul jika tonggak pembayaran tertentu melebihi              payment exceeds the revenue recognized to date
   pendapatan yang diakui hingga saat ini berdasarkan                under the cost-to-cost method.
   metode biaya-ke-biaya.

   Jumlah pendapatan yang diakui terkait kontrak                     The total revenue recognized relates to contract with
   dengan pelanggan dengan liabilitas kontrak bawaan                 customers with brought forward contract liabilities
   sebesar US$ 43.183 ribu (2024: US$ 29.408 ribu).                  amounted to US$ 43,183 thousand (2024:
   Tidak ada pendapatan yang diakui pada periode                     US$ 29,408 thousand). There was no revenue
   berjalan yang terkait dengan kewajiban pelaksanaan                recognized in the current year that related to
   yang telah dipenuhi di tahun lalu.                                performance obligations that were satisfied in a prior
                                                                     year.




                                                             81
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                         – Continued

24. LIABILITAS SEWA                                                           24. LEASE LIABILITIES

                                                           31 Desember/        31 Desember/
                                                           December 31,        December 31,
                                                               2025                2024
                                                             US$ '000            US$ '000

   Analisis jatuh tempo                                                                              Maturity analysis
      Tahun 1                                                     16.438                  9.429        Year 1
      Tahun 2                                                     12.465                  7.242        Year 2
      Tahun 3                                                      8.120                  4.106        Year 3
      Tahun 4                                                      4.454                  1.546        Year 4
      Tahun 5                                                        980                    941        Year 5
      Lebih dari 5 tahun                                               -                    604        Later than 5 years
   Jumlah                                                         42.457                 23.868      Total
   Beban keuangan ditangguhkan                                    (4.929)                (3.167)     Deferred interest expense
   Jumlah                                                         37.528                 20.701      Total
   Bagian yang jatuh tempo dalam
      waktu satu tahun                                           (13.412)                (7.741)     Current maturities
   Liabilitas sewa - bersih - setelah dikurangi                                                      Lease liabilities - net of current
      bagian yang jatuh tempo dalam satu tahun                    24.116                 12.960        maturities

   Rincian liabilitas sewa berdasarkan pesewa:                                                       By lessor:
   Pihak berelasi:                                                                                   Related parties:
     PT Tamtama Perkasa                                            3.281                      -        PT Tamtama Perkasa
   Pihak ketiga:                                                                                     Third parties:
     PT Mandiri Tunas Finance                                      9.271                  4.071        PT Mandiri Tunas Finance
     PT Mitsubishi HC Capital and Finance                                                              PT Mitsubishi HC Capital and Finance
        Indonesia (MHCI)                                           6.292                  6.258           Indonesia (MHCI)
     PT Komatsu Astra Finance                                      5.300                      -        PT Komatsu Astra Finance
     PT Mitsui Leasing Capital Indonesia                           5.081                      -        PT Mitsui Leasing Capital Indonesia
     PT Bagong Dekaka Makmur                                       1.052                    635        PT Bagong Dekaka Makmur
     PT Dokindo Aimas Papua                                          862                  1.698        PT Dokindo Aimas Papua
     PT Hexa Finance Indonesia                                       796                  1.209        PT Hexa Finance Indonesia
     PT Putra Otomona Jaya                                           614                  1.978        PT Putra Otomona Jaya
     PT Caterpillar Finance Indonesia                                565                    759        PT Caterpillar Finance Indonesia
     PT Maybank Indonesia Finance                                    505                      -        PT Maybank Indonesia Finance
     PT SMFL Leasing Indonesia                                       426                    665        PT SMFL Leasing Indonesia
     PT Chandra Sakti Utama Leasing                                  399                    873        PT Chandra Sakti Utama Leasing
     PT Radios Apirja Sorong                                         333                    654        PT Radios Apirja Sorong
     PT Buana Jaya Rentama                                           110                    559        PT Buana Jaya Rentama
     Lainnya (dibawah US$ 500 ribu)                                2.641                  1.342        Others (less than US$ 500 thousand)

   Jumlah                                                         37.528                 20.701      Total

   Rekonsiliasi arus kas aktivitas pendanaan yang timbul                          Reconciliation of cashflows from financing activities
   dari liabilitas sewa adalah:                                                   arising from lease liabilities are as follows:

                                    Penambahan
                                     sehubungan
                                   dengan akuisisi
                                     entitas anak/
                      1 Januari/   Addition related                                                               31 Desember/
                     January 1,     to acquisition  Arus kas masuk/ Arus kas keluar/      Perubahan nonkas/       December 31,
                        2025         of subsidiary    Cash inflow    Cash outflow         Noncash changes             2025
                      US$ '000         US$ '000        US$ '000        US$ '000               US$ '000              US$ '000

   Liabilitas sewa        20.701           1.148              21.679           (5.080)                   (920)              37.528    Lease liabilities

                           1 Januari/                                                                     31 Desember/
                          January 1,    Arus kas masuk/ Arus kas keluar/        Perubahan nonkas/         December 31,
                             2024         Cash inflow    Cash outflow           Noncash changes               2024
                           US$ '000        US$ '000        US$ '000                 US$ '000                US$ '000

   Liabilitas sewa             26.419              4.337           (10.002)                       (53)             20.701      Lease liabilities




                                                                       82
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   Grup membeli sebagian alat berat operasinya melalui            The Group purchased some of its heavy equipment
   transaksi jual dan sewa balik. Liabilitas sewa ini             through sale and lease-back transactions. The lease
   dijamin dengan aset sewa yang bersangkutan                     liabilities are secured by the related leased assets
   (Catatan 14). Jangka waktu sewa adalah 2 sampai                (Note 14). The lease terms are between 2 to 5 years.
   5 tahun.

   Perusahaan                                                     The Company

   PT Mitsubishi HC Capital and Finance Indonesia                 PT Mitsubishi HC Capital and Finance Indonesia
   (MHCI)                                                         (MHCI)

   Sampai dengan tanggal 31 Desember 2024, total                  As of December 31, 2024, total drawdowns under
   pencairan atas fasilitas sewa ini sebesar                      this lease facility amounted to Rp 162,522 million
   Rp 162.522 juta (setara US$ 10,64 juta) dengan masa            (equivalent to US$ 10.64 million), with the longest
   sewa paling lama berakhir pada tanggal 27 April 2027.          lease term ending on April 27, 2027. The facility
   Tingkat bunga fasilitas adalah 9,9% per tahun.                 bears an interest rate of 9.9% per annum.

   Perusahaan telah mencairkan fasilitas sewa ini                 The Company has drawn down this lease facility
   beberapa kali selama tahun 2025, dengan pencairan              several times during 2025, with the latest drawdown
   terakhir pada tanggal 24 Desember 2025 sebesar                 on December 24, 2025 amounted to Rp 12.77 billion
   Rp 12,77 miliar (setara dengan US$ 761 ribu) dengan            (equivalent to US$ 761 thousand), with a lease term
   masa sewa yang akan berakhir pada tanggal                      ending on December 24, 2030. The facility bears an
   24 Desember 2030. Tingkat bunga fasilitas adalah               interest rate of 8.75% per annum.
   8,75% per tahun.

   Pada tahun yang berakhir 31 Desember 2025,                     For the year ended December 31, 2025, the
   Perusahan sudah melakukan penarikan fasilitas                  Company had drawn down financing facilities
   pembiayaan dengan total Rp 41,92 miliar (setara                totaling Rp      41.92 billion      (equivalent       to
   dengan US$ 2,51 juta). Tingkat suku bunga fasilitas ini        US$ 2.51 million). The interest rate on this facility is
   adalah sebesar 8,75% per tahun. Fasilitas ini jatuh            8.75% per annum. The facility matures on
   tempo pada 24 Desember 2030.                                   December 24, 2030.

   PT KDB TIFA Finance Tbk (KDB TIFA)                             PT KDB TIFA Finance Tbk (KDB TIFA)

   Pada tanggal 7 November 2023, KDB TIFA dan                     On November 7, 2023, KDB TIFA and the Company
   Perusahaan menandatangani perjanjian fasilitas                 entered into a long-term financing facility agreement
   pembiayaan jangka panjang dengan fasilitas kredit              with a lease facility of Rp 5.65 billion (equivalent to
   sewa sebesar Rp 5,65 miliar (setara dengan                     US$ 366 thousand). The Company has withdrawn
   US$ 366 ribu). Perusahaan telah mencairkan fasilitas           this facility. The interest rate for this facility is 11%
   ini. Tingkat suku bunga fasilitas ini adalah sebesar           per annum. This facility will mature on
   11% per tahun. Fasilitas ini akan jatuh tempo pada             November 7, 2027.
   tanggal 7 November 2027.

   PT Mandiri Tunas Finance (MTF)                                 PT Mandiri Tunas Finance (MTF)

   Sampai dengan tanggal 31 Desember 2024, total                  As of December 31, 2024, the total drawdown of this
   pencairan atas fasilitas sewa ini sebesar                      lease facility amounted to Rp 68.15 billion
   Rp 68,15 miliar (setara US$ 4,2 juta) dengan masa              (equivalent to US$ 4.2 million), with the longest lease
   sewa paling lama         berakhir pada     tanggal             term ending on December 23, 2029. The interest
   23 Desember 2029. Tingkat bunga fasilitas adalah               rate for this facility is 7.99% per annum.
   7,99% per tahun.

   Perusahaan telah mencairkan fasilitas sewa ini                 The Company has drawn down this lease facility
   beberapa kali, dengan pencairan terakhir pada                  several times, with the latest drawdown on
   tanggal 31 Desember 2025 sebesar Rp 12,78 miliar               December 31, 2025 amounted to Rp 12.78 billion
   (setara dengan US$ 761 ribu) dengan masa sewa                  (equivalent to US$ 761 thousand), with a lease term
   yang akan berakhir pada tanggal 23 Desember 2028.              ending on November 23, 2028. The facility bears an
   Tingkat bunga fasilitas adalah 7,99% per tahun.                interest rate of 7.99% per annum.

   Pada tahun yang berakhir 31 Desember 2025, total               For the year ended December 31, 2025, total
   pencairan atas fasilitas sewa ini sebesar                      drawdowns under this lease facility amounted to
   Rp 91,58 miliar (setara US$ 5,54 juta) dengan masa             Rp 91.58 billion (equivalent to US$ 5.54 million),
   sewa paling lama         berakhir pada      tanggal            with the longest lease term ending on
   23 November 2030. Tingkat bunga fasilitas adalah               November 23, 2030. The facility bears an interest
   7,99% per tahun.                                               rate of 7.99% per annum.



                                                             83
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   PT Mitsui Leasing Capital Indonesia (MLCI)                     PT Mitsui Leasing Capital Indonesia (MLCI)

   Perusahaan telah mencairkan fasilitas sewa ini                 The Company has drawn down this lease facility
   beberapa kali, dengan pencairan terakhir pada                  several times, with the latest drawdown on
   tanggal 24 Desember 2025 sebesar Rp 2,58 miliar                December 24, 2025 amounted to Rp 2.58 billion
   (setara dengan US$ 154 ribu) dengan masa sewa                  (equivalent to US$ 154 thousand), with a lease term
   yang akan berakhir pada tanggal 24 Desember 2029.              ending on December 24, 2029. The facility bears an
   Tingkat bunga fasilitas adalah 8,75% per tahun.                interest rate of 8.75% per annum.

   Pada tahun yang berakhir 31 Desember 2025, total               For the year ended December 31, 2025, total
   pencairan atas fasilitas sewa ini sebesar                      drawdowns under this lease facility amounted to
   Rp 95,15 miliar (setara US$ 5,75 juta) dengan masa             Rp 95.15 billion (equivalent to US$ 5.75 million),
   sewa paling lama         berakhir pada      tanggal            with the longest lease term ending on
   24 Desember 2029. Tingkat bunga fasilitas adalah               December 24, 2029. The facility bears an interest
   8,75% per tahun.                                               rate of 8.75% per annum.

   PT Komatsu Astra Finance (Komatsu)                             PT Komatsu Astra Finance (Komatsu)

   Pada tahun yang berakhir 31 Desember 2025,                     For the year ended December 31, 2025, the
   Perusahaan sudah melakukan penarikan fasilitas                 Company had drawn down financing facilities
   pembiayaan dengan total Rp 98,62 miliar                        totaling Rp    98.62 billion       (equivalent       to
   (setara dengan US$ 5.939 ribu). Tingkat suku bunga             US$ 5,939 thousand). The interest rate of this facility
   fasilitas ini adalah sebesar 8,37% per tahun. Fasilitas        is 8.37% per annum. The facility mature on
   ini jatuh tempo pada 30 November 2029.                         November 30, 2029.

   Pencairan terakhir pada tanggal 29 Desember 2025               The most recent drawdown was made on
   sebesar Rp 13,70 miliar (setara dengan US$ 817 ribu)           December 29, 2025 in the amount of Rp 13.70 billion
   dengan masa sewa yang akan berakhir pada tanggal               (equivalent to US$ 817 thousand), with a lease term
   30 November 2029. Tingkat bunga fasilitas adalah               ending on November 30, 2029. The facility bears an
   8,37% per tahun.                                               interest rate of 8.37% per annum.

   PTKBL                                                          PTKBL

   PT SMFL Leasing Indonesia (SMFL)                               PT SMFL Leasing Indonesia (SMFL)

   Pada tanggal 24 Juni 2022, PTKBL dan SMFL                      On June 24, 2022, PTKBL and SMFL entered credit
   menandatangani fasilitas kredit untuk sewa di mana             facility for lease which PTKBL was granted lease
   PTKBL mendapatkan fasilitas kredit sewa sebesar                facility amounted to Rp 18 billion (equivalent to
   Rp 18 miliar (setara dengan US$ 1,1 juta). PTKBL               US$ 1.1 million). PTKBL has utilized the lease
   mencairkan fasilitas sewa tersebut sebesar                     facility amounted to Rp 6.5 billion (equivalent to
   Rp 6,5 miliar (setara dengan US$ 418 ribu) pada                US$ 418 thousand) on July 26, 2022 where the
   tanggal 26 Juli 2022 dengan masa sewa yang akan                lease facility will end on July 26, 2027. The facility’s
   berakhir pada tanggal 26 Juli 2027. Tingkat bunga              interest rate is 7.75% per annum.
   fasilitas adalah 7,75% per tahun.

   PTKBL      mencairkan     fasilitas  sewa   sebesar            PTKBL has utilized the lease facility amounted to
   Rp 6,8 miliar (setara dengan US$ 437 ribu) pada                Rp 6.8 billion (equivalent to US$ 437 thousand) on
   tanggal 30 September 2022 dengan masa sewa yang                September 30, 2022 where the lease facility will end
   akan berakhir pada tanggal 30 September 2027.                  on September 30, 2027. The facility’s interest rate is
   Tingkat suku bunga fasilitas adalah 8,75% per tahun.           8.75% per annum.

   PTKBL      mencairkan     fasilitas sewa     sebesar           PTKBL has utilized the lease facility amounted to
   Rp 4,5 miliar (setara dengan US$ 290 ribu) pada                Rp 4.5 billion (equivalent to US$ 290 thousand) on
   tanggal 28 Oktober 2022 dengan masa sewa yang                  October 28, 2022 where the lease facility will end on
   akan berakhir pada tanggal 28 Oktober 2027. Tingkat            October 28, 2027. The facility’s interest rate is
   suku bunga fasilitas adalah 8,75% per tahun.                   8.75% per annum.

   PT Chandra Sakti Utama Leasing (CSUL)                          PT Chandra Sakti Utama Leasing (CSUL)

   Pada tanggal 21 Oktober 2022, PTKBL dan CSUL                   On October 21, 2022, PTKBL and CSUL entered
   menandatangani fasilitas kredit untuk sewa dimana              into credit facility for lease which PTKBL was
   PTKBL mendapatkan fasilitas kredit sewa sebesar                granted lease facility amounted to US$ 2 million.
   US$ 2 juta. Fasilitas sewa berlaku berakhir pada               This       lease    facility is   effective until
   tanggal 21 September 2026. Tingkat bunga fasilitas             September 21, 2026. The interest rate of credit
   adalah 7,19% per tahun.                                        facility is 7.19% per annum.



                                                             84
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   Pada tanggal 26 Oktober 2022, PTKBL mencairkan                On October 26, 2022, PTKBL utilized the lease
   fasilitas kredit sale dan leaseback sebesar                   facility of sale and leaseback credit facility amounted
   US$ 1,06 juta dengan masa sewa yang akan berakhir             to US$ 1.06 million where the lease facility will end
   pada tanggal 26 September 2026. Tingkat bunga                 on September 26, 2026. The facility’s interest rate is
   fasilitas adalah term SOFR tiga bulan ditambah                three-months SOFR term plus margin of 3.20% per
   margin sebesar 3,20% per tahun.                               annum.

   PTKBL      mencairkan   fasilitas  sewa     sebesar           PTKBL has utilized the lease facility amounted to
   US$ 0,75 juta pada tanggal 4 November 2022 dengan             US$ 0.75 million on November 4, 2022 where the
   masa sewa yang akan berakhir pada tanggal                     lease facility will end on October 4, 2026. The
   4 Oktober 2026. Tingkat bunga fasilitas adalah term           facility’s interest rate is three-months SOFR term
   SOFR tiga bulan ditambah margin sebesar 3,20%                 plus margin of 3.20% per annum.
   per tahun.

   PT Caterpillar Finance Indonesia (CFI)                        PT Caterpillar Finance Indonesia (CFI)

   Pada tanggal 5 September 2023, PTKBL dan CFI                  On September 5, 2023, PTKBL and CFI entered into
   menandatangani fasilitas kredit untuk sewa dimana             credit facility for lease which PTKBL was granted
   PTKBL mendapatkan fasilitas kredit sewa sebesar               lease facility amounted to Rp 59 billion (equivalent
   Rp 59 miliar (setara dengan US$ 3,8 juta). Fasilitas          to US$ 3.8 million). This lease facility ended on
   sewa berakhir pada tanggal 31 Mei 2024. Tingkat               May 31, 2024. The facility’s interest rate is 11.5%
   bunga fasilitas adalah 11,5% per tahun. Fasilitas ini         per annum. This facility is not being extended.
   tidak diperpanjang.

   Pada tanggal 14 September 2023, PTKBL mencairkan              On September 14, 2023, PTKBL has withdrawn
   fasilitas kredit sale dan leaseback sebesar                   lease facility sale and leaseback amounted to
   Rp 15,3 miliar (setara dengan US$ 985 ribu) dengan            Rp 15.3 billion (equivalent to US$ 985 thousand)
   masa sewa yang akan berakhir pada tanggal                     where    the     lease   facility will   end    on
   14 September 2028. Tingkat suku bunga fasilitas               September 14, 2028. The facility’s interest rate is
   adalah 11,5% per tahun.                                       11.5% per annum.

   PT Hexa Finance Indonesia (HFI)                               PT Hexa Finance Indonesia (HFI)

   Selama tahun 2023, total pencairan atas fasilitas sewa        During 2023, the total drawdown of this lease facility
   ini sebesar Rp 25,81 miliar (setara US$ 1,59 juta)            amounted to Rp 25.81 billion (equivalent to
   dengan masa sewa paling lama berakhir pada tanggal            US$ 1.59 million), with the longest lease term
   30 November 2027. Tingkat bunga fasilitas adalah              ending on November 30, 2027. The facility carries
   10% per tahun.                                                an interest rate of 10% per annum.

   Perusahaan telah mencairkan fasilitas sewa ini                The Company has drawn down this lease facility
   beberapa kali, dengan pencairan terakhir pada                 several times, with the latest drawdown on
   tanggal 30 November 2023 sebesar Rp 2,87 miliar               November 30, 2023, amounted to Rp 2.87 billion
   (setara dengan US$ 177 ribu) dengan masa sewa                 (equivalent to US$ 177 thousand), with the lease
   yang akan berakhir pada tanggal 30 November 2027.             term ending on November 30, 2027. The facility
   Tingkat bunga fasilitas adalah 10% per tahun.                 carries an interest rate of 10% per annum.

   Syarat dan ketentuan atas perjanjian sewa adalah              Significant general terms and conditions of the
   sebagai berikut:                                              leases are as follows:

   i.    Perusahaan dan PTKBL tidak diperbolehkan                i.    The Company and PTKBL are prohibited to sell,
         untuk menjual, meminjamkan, melakukan sewa                    lend, sublease, or otherwise dispose of or,
         kembali, atau melepaskan atau, menghentikan                   cease to exercise direct control over, right-of-
         pengendalian langsung atas, aset hak-guna; dan                use assets; and

   ii.   Perusahaan dan PTKBL tidak diperbolehkan                ii.   The Company and PTKBL are prohibited to
         menggunakan aset hak-guna sebagai jaminan,                    provide securities/collateral, including security
         termasuk jaminan deposito, atau garansi kepada                deposit, or guarantee to other lessors over right-
         lessor lainnya.                                               of-use assets.

   Beban bunga atas liabilitas sewa dari pihak ketiga            The interest expenses incurred from lease
   untuk tahun yang berakhir 31 Desember 2025 sebesar            liabilities  from third parties for the year
   US$ 2.244 ribu (2024: US$ 2.257 ribu) (Catatan 34).           ended       December 31, 2025 amounted to
                                                                 US$ 2,244 thousand (2024: US$ 2,257 thousand)
                                                                 (Note 34).




                                                            85
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                      – Continued

25. PINJAMAN JANGKA PANJANG - PIHAK KETIGA                                          25. LONG-TERM LOANS - THIRD PARTIES
                                                              31 Desember/             31 Desember/
                                                              December 31,             December 31,
                                                                  2025                     2024
                                                                US$ '000                 US$ '000
   Pihak ketiga                                                                                                 Third parties
     Dolar Amerika Serikat                                                                                        U.S. Dollar
        PT Bank Central Asia Tbk                                        99.449                    104.824            PT Bank Central Asia Tbk
     Kina Papua Nugini                                                                                            Kina Papua New Guinean
        ANZ Loan                                                        17.626                             -         ANZ Loan
        Moniplus Simberi Funding                                         5.701                             -         Moniplus Simberi Funding
     Rupiah                                                                                                       Rupiah
        PT Bank Central Asia Tbk                                       204.880                    128.108            PT Bank Central Asia Tbk
        PT Bank Negara Indonesia                                                                                     Syndicated PT Bank Negara Indonesia
          (Persero) Tbk dan PT Bank Mandiri                                                                            (Persero) Tbk and PT Bank Mandiri
          (Persero) Tbk Sindikasi                                      176.837                        20.719           (Persero) Tbk
        PT Bank Negara Indonesia (Persero) Tbk                                                                       Syndicated PT Bank Negara Indonesia
          Sindikasi                                                     57.524                             -           (Persero) Tbk
        PT Bank Mandiri (Persero) Tbk                                   48.804                             -         PT Bank Mandiri (Persero) Tbk

   Jumlah                                                              610.821                    253.651       Total

   Biaya pinjaman jangka panjang yang
     belum diamortisasi                                                 (6.636)                       (3.517)   Unamortized long-term loan costs
   Bunga yang masih harus dibayar                                          896                           432    Accrued interest

   Jumlah                                                              605.081                    250.566       Total

   Bagian yang jatuh tempo dalam waktu
     satu tahun                                                        (47.871)                   (13.790)      Current maturities

   Pinjaman jangka panjang - bersih                                    557.210                    236.776       Long-term loans - net

   Jadwal pembayaran pokok pinjaman                                                                             Schedule of principal repayment
     Kurang dari satu tahun                                             46.976                        12.838      Less than one year
     Lebih dari satu tahun dan kurang                                                                             Due beyond one year but within
       dari lima tahun                                                 301.998                    101.997           five years
     Lebih dari lima tahun                                             261.847                    138.816         More than five years

   Jumlah                                                              610.821                    253.651       Total

   Tingkat suku bunga per tahun                                                                                 Interest rates per annum
      Dolar Amerika Serikat                                   3M Term SOFR            3M Term SOFR                 U.S. Dollar
                                                               + 2,25% p.a.            + 2,25% p.a.

      Rupiah                                                   3M IndONIA               3M JIBOR                   Rupiah
                                                           + 1,90% - 3,00% p.a.    + 1,90% - 1,95% p.a.

      Kina Papua Nugini                                       6,95% - 7,59%                                -       Kina Papua New Guinean

   Rekonsiliasi arus kas aktivitas pendanaan yang timbul                                   Reconciliation of cashflows from financing activities
   dari pinjaman jangka panjang pihak ketiga adalah:                                       arising from long-term loans third parties are as
                                                                                           follows:
                                            Penambahan
                                             sehubungan
                                           dengan akuisisi
                                             entitas anak/
                              1 Januari/   Addition related                                                                  31 Desember/
                             January 1,     to acquisition      Arus kas masuk/    Arus kas keluar/     Perubahan nonkas/    December 31,
                                2025        of subsidiary         Cash inflow       Cash outflow        Noncash changes          2025
                              US$ '000        US$ '000             US$ '000           US$ '000              US$ '000           US$ '000
   Pinjaman jangka panjang                                                                                                                     Long-term loan
      pihak ketiga               250.566            24.956              360.621            (24.696)                (6.366)           605.081      third parties

                                              1 Januari/                                                                     31 Desember/
                                             January 1,          Arus kas masuk/   Arus kas keluar/      Perubahan nonkas/   December 31,
                                                 2024              Cash inflow      Cash outflow         Noncash changes         2024
                                              US$ '000              US$ '000          US$ '000               US$ '000          US$ '000
   Pinjaman jangka panjang                                                                                                                     Long-term loan
      pihak ketiga                                 187.195              254.603          (192.384)                   1.152           250.566      third parties




                                                                             86
Page 359
PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

   PT Bank Central Asia Tbk (BCA)                                   PT Bank Central Asia Tbk (BCA)

   Pada tanggal 29 Mei 2024, BCA bersama-sama                       On May 29, 2024, BCA together with the Company,
   Perusahaan, PTKBL, dan PTCEP telah menyetujui                    PTKBL, and PTCEP, approved several bank facility
   beberapa pemberian fasilitas bank sebagai berikut:               provisions as follows:

  a. Fasilitas pinjaman tunai                                       a. Cash loan facility

      i.   Kredit Investasi 1 (KI 1)                                   i.     Investment Credit 1 (KI 1)

           Fasilitas   ini    senilai    setara    dengan                     This facility amounted to the equivalent of
           US$ 107 juta, dengan tenor 8 tahun, dan tingkat                    US$ 107 million, with a tenure of 8 years, and
           suku bunga term SOFR tiga bulan ditambah                           an interest rate of three-months SOFR term
           margin sebesar 2,25% per tahun untuk USD                           plus margin of 2.25% per annum for USD and
           dan JIBOR tiga bulan ditambah margin sebesar                       three-months JIBOR plus margin of 1.95%
           1,95% per tahun untuk IDR. Tujuan                                  per annum for IDR. The purpose of using
           penggunaan fasilitas ini untuk takeover fasilitas                  these facilities is to take over Term Loan I, II,
           Term Loan I, II, III dan Senior Secured Term                       III, and the Senior Secured Term Loan at
           Loan di Mandiri. Fasilitas ini hanya dapat                         Mandiri. This facility can only be used by the
           digunakan oleh Perusahaan dan PTKBL.                               Company and PTKBL.

           Pada tanggal 22 September 2025, BCA                                On September 22, 2025, BCA changed the
           mengubah suku bunga kredit investasi menjadi                       investment loan interest rate to 7.75% per
           7,75% per tahun untuk IDR. Perubahan ini                           annum. for IDR. This change has been
           berlaku sejak tanggal 23 September 2025.                           effective since September 23, 2025.

           Pada tanggal 22 Oktober 2025, BCA                                  On October 22, 2025, BCA revised the
           mengubah suku bunga kredit investasi menjadi                       investment loan interest rate to 90-days
           Compounded IndONIA 90 hari ditambah                                Compounded IndONIA plus margin of 3.00%
           margin sebesar 3,00% per tahun untuk IDR.                          per annum for IDR. This change has been
           Perubahan ini berlaku sejak          tanggal                       effective since October 23, 2025.
           23 Oktober 2025.

           Sampai dengan tanggal 31 Desember 2025,                            As of December 31, 2025, this KI 1 facility
           fasilitas KI 1 ini telah digunakan oleh                            had been utilized by the Company and
           Perusahaan      dan       PTKBL        sebesar                     PTKBL amounted to US$ 95,645 thousand
           US$ 95.645 ribu (31 Desember 2024:                                 (December 31, 2024: US$ 97,180 thousand).
           US$ 97.180 ribu). Fasilitas KI 1 ini akan jatuh                    This KI 1 facility will mature on June 21, 2032.
           tempo pada tanggal 21 Juni 2032.

      ii. Kredit Investasi 2 (KI 2)                                    ii.    Investment Credit 2 (KI 2)

           Fasilitas ini senilai setara US$ 83 juta, dengan                   This facility amounted to the equivalent of
           tenor 10 tahun, dan tingkat suku bunga sebesar                     US$ 83 million, with a tenure of 10 years, and
           term SOFR tiga bulan ditambah margin                               an interest rate of three-months SOFR term
           sebesar 2,25% per tahun untuk USD dan                              plus margin of 2.25% per annum for USD and
           JIBOR tiga bulan ditambah margin sebesar                           three-months JIBOR plus 1.95% per annum
           1,95% per tahun untuk IDR. Tujuan                                  for IDR. The purpose of using these facilities
           penggunaan fasilitas ini untuk takeover fasilitas                  is to take over the Senior Secured Term Loan
           Senior Secured Term Loan di Mandiri. Fasilitas                     at Mandiri. This facility can only be used by
           ini hanya dapat digunakan oleh Perusahaan                          the Company and PTKBL.
           dan PTKBL.

           Pada tanggal 22 September 2025, BCA                                On September 22, 2025, BCA changed the
           mengubah suku bunga kredit investasi menjadi                       investment loan interest rate to 7.75% per
           7,75% per tahun untuk IDR. Perubahan ini                           annum for IDR. This change has been
           berlaku sejak tanggal 23 September 2025.                           effective since September 23, 2025.

           Pada tanggal 22 Oktober 2025, BCA                                  On October 22, 2025, BCA revised the
           mengubah suku bunga kredit investasi menjadi                       investment loan interest rate to 90-days
           Compounded IndONIA 90 hari ditambah                                Compounded IndONIA plus margin of 3.00%
           margin sebesar 3,00% per tahun untuk IDR.                          per annum for IDR. This change has been
           Perubahan ini berlaku sejak          tanggal                       effective since October 23, 2025.
           23 Oktober 2025.


                                                               87
Page 360
PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

        Sampai dengan tanggal 31 Desember 2025,                           As of December 31, 2025, this KI 2 facility
        fasilitas KI 2 ini telah digunakan oleh                           had been utilized by the Company
        Perusahaan sebesar US$ 81.698 ribu                                amounted        to US$ 81,698 thousand
        (31 Desember 2024: US$ 81.698 ribu). Fasilitas                    (December 31, 2024: US$ 81,698 thousand).
        KI 2 ini akan jatuh tempo pada tanggal                            This KI 2 facility will mature on June 21, 2034.
        21 Juni 2034.

     iii. Kredit Investasi 3 (KI 3)                               iii.    Investment Credit 3 (KI 3)

        Fasilitas ini senilai Rp 500 miliar (setara dengan                This facility amounted to Rp 500 billion
        US$ 30,4 juta), dengan tenor 10 tahun, dan                        (equivalent to US$ 30.4 million), with a tenure
        tingkat suku bunga JIBOR tiga bulan ditambah                      of 10 years, and an interest rate of
        margin sebesar 1,95% per tahun untuk IDR.                         three-months JIBOR plus margin of 1.95%
        Tujuan penggunaan fasilitas ini untuk                             per annum for IDR. The purpose of using this
        membiayai pembangunan infrastruktur PTCEP                         facility is to finance the construction of
        yang terletak di dekat tambang PTCEP.                             PTCEP's      infrastructure   located      near
        Fasilitas ini hanya dapat digunakan oleh                          PTCEP's site. This facility can only be used
        PTCEP.                                                            by PTCEP.

        Pada tanggal 24 Februari 2025, Perusahaan                         On February 24, 2025, the Company
        mengajukan perubahan atas fasilitas KI 3,                         submitted an amendment to the KI 3 facility,
        fasilitas ini dapat digunakan oleh Perusahaan                     which can be used by the Company and
        dan      PTKBL      dengan    nilai  maksimal                     PTKBL with a maximum value of
        Rp 150 miliar. Pengajuan ini telah                                Rp 150 billion. This submission has been
        mendapatkan persetujuan dari BCA.                                 approved by BCA.

        Pada tanggal 22 September 2025, BCA                               On September 22, 2025, BCA changed the
        mengubah suku bunga kredit investasi menjadi                      investment loan interest rate to 7.75% per
        7,75% per tahun untuk IDR. Perubahan ini                          annum for IDR. This change has been
        berlaku sejak tanggal 23 September 2025.                          effective since September 23, 2025.

        Pada tanggal 22 Oktober 2025, BCA                                 On October 22, 2025, BCA revised the
        mengubah suku bunga kredit investasi menjadi                      investment loan interest rate to 90-days
        Compounded IndONIA 90 hari ditambah                               Compounded IndONIA plus margin of 3.00%
        margin sebesar 3,00% per tahun untuk IDR.                         per annum for IDR. This change has been
        Perubahan ini berlaku sejak          tanggal                      effective since October 23, 2025.
        23 Oktober 2025.

        Sampai dengan tanggal 31 Desember 2025,                           As of December 31, 2025, this KI 3 facility
        fasilitas KI 3 ini telah digunakan oleh                           has been utilized by the Company and
        Perusahaan dan PTCEP masing-masing                                PTCEP for an amount of Rp 149.51 billion
        sebesar Rp 149,51 miliar (setara dengan                           (equivalent to US$ 9,210 thousand) and
        US$ 9.210 ribu) dan Rp 208,95 miliar (setara                      Rp     208.95   billion   (equivalent    to
        dengan US$ 12.872 ribu) (31 Desember 2024:                        US$     12,872   thousand), respectively
        Rp 138 miliar (setara dengan US$ 8.512 ribu)                      (December 31, 2024: Rp 138 billion
        oleh PTCEP). Fasilitas KI 3 ini akan jatuh tempo                  (equivalent to US$ 8,512 thousand) by
        pada tanggal 21 Juni 2034.                                        PTCEP). This KI 3 facility will mature on
                                                                          June 21, 2034.

     iv. Kredit Investasi 4 (KI 4)                                iv.     Investment Credit 4 (KI 4)

        Fasilitas ini senilai US$ 50 juta, dengan tenor                   This facility amounted to US$ 50 million, with
        8 tahun, dan tingkat suku bunga term SOFR                         a tenure of 8 years, and an interest rate of
        tiga bulan ditambah margin sebesar 2,25% per                      three-months SOFR term plus margin of
        tahun. Tujuan penggunaan fasilitas ini untuk                      2.25% per annum. The purpose of using this
        membiayai pembelian alat berat dan/atau                           facility is to finance the purchase of plant
        mesin baru termasuk dengan komponen atas                          and/or new machinery, including components
        alat berat. Fasilitas ini hanya dapat digunakan                   for the plant. This facility can only be used by
        oleh Perusahaan, PTKBL dan PTCEP.                                 the Company, PTKBL and PTCEP.




                                                             88
Page 361
PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Pada tanggal 29 Juli 2024, Perusahaan                            On July 29, 2024, the Company submitted a
        mengajukan permohonan untuk pengalihan                           request to transfer the limit from KI 4 to the
        limit dari KI 4 ke fasilitas Kredit Multi Fasilitas              Multi Facility Credit (MFC) amounted to
        (KMF) sebesar US$ 25 juta, permohonan ini                        US$ 25 million. This request has been
        telah disetujui oleh pihak BCA.                                  approved by BCA.

        Pada tanggal 8 Januari 2025, Perusahaan                          On January 8, 2025, the Company submitted
        mengajukan        permohonan       pengembalian                  a request to reinstate this facility to its original
        fasilitas ini ke nilai semula yaitu US$ 50 juta,                 amount of US$ 50 million, and to allow KI 4
        dan perubahan pencairan KI 4 dapat dilakukan                     drawdowns to be made in both USD and IDR.
        dalam USD dan IDR. Permohonan ini telah                          This request has been approved by BCA.
        mendapatkan persetujuan dari BCA.

        Pada tanggal 22 September 2025, BCA                              On September 22, 2025, BCA changed the
        mengubah suku bunga kredit investasi menjadi                     investment loan interest rate to 7.75% per
        7,75% per tahun untuk IDR. Perubahan ini                         annum for IDR. This change has been
        berlaku sejak tanggal 23 September 2025.                         effective since September 23, 2025.

        Pada tanggal 22 Oktober 2025, BCA mengubah                       On October 22, 2025, BCA revised the
        suku   bunga      kredit   investasi menjadi                     investment loan interest rate to 90-days
        Compounded IndONIA 90 hari ditambah margin                       Compounded IndONIA plus margin of 3.00%
        sebesar 3,00% per tahun untuk IDR.                               per annum for IDR. This change has been
        Perubahan     ini   berlaku    sejak tanggal                     effective since October 23, 2025.
        23 Oktober 2025.

        Sampai dengan tanggal 31 Desember 2025,                          As of December 31, 2025, the Company has
        Perusahaan telah menggunakan fasilitas ini                       utilized   this  facility    amounted     to
        sebesar Rp 824,77 miliar (setara dengan                          Rp       824.77      billion    (equivalent
        US$ 50.257 ribu). Fasilitas KI 4 ini akan jatuh                  US$ 50,257 thousand). This KI 4 facility will
        tempo pada tanggal 21 Juni 2032.                                 mature on June 21, 2032.

     v. Kredit Investasi 5 (KI 5)                                  v.    Investment Credit 5 (KI 5)

        Fasilitas ini senilai Rp 800 miliar (setara dengan               This facility amounted to Rp 800 billion
        US$ 48,7 juta), dengan tenor 8 tahun, dan                        (equivalent to US$ 48.7 million), with a tenure
        tingkat suku bunga JIBOR tiga bulan ditambah                     of 8 years, and an interest rate of
        margin sebesar 1,95% per tahun. Tujuan                           three-months JIBOR plus 1.95% per annum.
        penggunaan fasilitas ini untuk membiayai                         The purpose of using this facility is to finance
        pembelian alat berat dan/atau mesin baru                         the purchase of plant and/or new machinery,
        termasuk dengan komponen atas alat berat.                        including components for the plant. This
        Fasilitas ini hanya dapat digunakan oleh                         facility can only be used by the Company,
        Perusahaan, PTKBL dan PTCEP.                                     PTKBL, and PTCEP.

        Pada tanggal 22 September 2025, BCA                              On September 22, 2025, BCA changed the
        mengubah suku bunga kredit investasi menjadi                     investment loan interest rate to 7.75% per
        7,75% per tahun untuk IDR. Perubahan ini                         annum for IDR. This change has been
        berlaku sejak tanggal 23 September 2025.                         effective since September 23, 2025.

        Pada tanggal 22 Oktober 2025, BCA                                On October 22, 2025, BCA revised the
        mengubah suku bunga kredit investasi menjadi                     investment loan interest rate to 90-days
        Compounded IndONIA 90 hari ditambah                              Compounded IndONIA plus margin of 3.00%
        margin sebesar 3,00% per tahun untuk IDR.                        per annum for IDR. This change has been
        Perubahan ini berlaku sejak          tanggal                     effective since October 23, 2025.
        23 Oktober 2025.

        Sampai dengan tanggal 31 Desember 2025,                          As of December 31, 2025, the KI 5 facility has
        fasilitas KI 5 ini telah digunakan oleh                          been utilized by the Company and PTKBL
        Perusahaan dan PTKBL masing-masing                               amounted to Rp 785.4 billion (equivalent to
        sebesar Rp 785,4 miliar (setara dengan                           US$ 49,032 thousand and Rp 14.5 billion
        US$ 49.032 ribu) dan Rp 14,5 miliar (setara                      (equivalent to      US$ 897        thousand)
        dengan US$ 897 ribu) (31 Desember 2024:                          (December 31, 2024: Rp 785.4 billion
        Rp       785,4  miliar    (setara      dengan                    (equivalent to US$ 48,595 thousand and
        US$ 48.595 ribu) dan Rp 14,5 miliar (setara                      Rp      14.5    billion   (equivalent       to
        dengan US$ 897 ribu)). Fasilitas KI 5 ini akan                   US$ 897 thousand)). The KI 5 facility will
        jatuh tempo pada tanggal 21 Juni 2032.                           mature on June 21, 2032.


                                                              89
Page 362
PT PETROSEA Tbk DAN ENTITAS ANAK                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                  – Continued

      vi. Kredit Investasi 6 (KI 6)                                         vi.    Investment Credit 6 (KI 6)

           Pada tanggal 27 Agustus 2025, Perusahan dan                             On August 27, 2025, the Company and BCA
           BCA menyetujui tambahan fasilitas Kredit                                agreed to an additional facility, Investment
           Investasi 6 (KI 6).                                                     Credit 6 (KI 6).

           Fasilitas    ini    senilai    setara    dengan                         This facility amounted to the equivalent of
           US$ 100 juta, dengan tenor 8 tahun, dan                                 US$ 100 million, with a tenure of 8 years, and
           tingkat suku bunga term SOFR tiga bulan                                 an interest rate three-months SOFR term
           ditambah margin sebesar 2,25% per tahun                                 plus margin of 2.25% per annum for USD and
           untuk USD dan IndONIA tiga bulan ditambah                               three-months IndONIA plus margin of 2.58%
           margin sebesar 2,58% per tahun untuk IDR.                               per annum for IDR. The purpose of this
           Tujuan penggunaan fasilitas ini untuk                                   facility is to finance the purchase of heavy
           membiayai pembelian alat berat dan/atau                                 equipment and/or new machinery, including
           mesin baru termasuk dengan komponen atas                                components of such equipment. This facility
           alat berat. Fasilitas ini hanya dapat digunakan                         shall only be utilized by the Company,
           oleh Perusahaan, PTKBL dan PTCEP.                                       PTKBL, and PTCEP.

           Sampai dengan tanggal 31 Desember 2025,                                 As of December 31, 2025, the Company has
           Perusahaan telah menggunakan fasilitas ini                              utilized   this  facility  amounted      to
           sebesar Rp 505,51 miliar (setara dengan                                 Rp      505.51  billion   (equivalent    to
           US$ 30.423 ribu). Fasilitas KI 6 ini akan jatuh                         US$ 30,423 million). This KI 6 facility will
           tempo pada tanggal 10 September 2033.                                   mature on September 10, 2033.

   b. Fasilitas pinjaman non-tunai                                        b. Non-cash loan (“NCL”) facility

      i.   KMF                                                      i.       i.    MFC

           Fasilitas ini senilai setara US$ 100 juta, dengan        ii.            This facility amounted to equivalent of
           tenor fasilitas 1 tahun. Fasilitas ini dapat                            US$ 100 million, with a tenure of 1 year. The
           digunakan untuk Letter of Credit (LC) atau Surat                        facilities can be used for Letter of Credit (LC)
           Kredit Berdokumen Dalam Negeri (SKBDN),                                 or Surat Kredit Berdokumen Dalam Negeri
           Forex Forward Line, dan Bank Garansi (BG)                               (SKBDN), Forex Forward Line, and Bank
           atau Stand by Letter of Credit (SBLC). Fasilitas                        Guarantee (BG) or Stand by Letter of Credit
           ini dapat digunakan oleh Perusahaan, PTKBL                              (SBLC). These facilities can be used by the
           dan PTCEP.                                                              Company, PTKBL, and PTCEP.

           Pada tanggal 7 April 2025, Perusahaan                                   On April 7, 2025, the Company submitted a
           mengajukan konversi sementara dari fasilitas                            temporary conversion of the Time Loan
           Time Loan Revolving ke fasilitas KMF sebesar                            Revolving facility to the KMF facility
           US$ 40 juta untuk keperluan BG terkait project                          amounted to US$ 40 million for BG
           EPC, sehingga nilai fasilitas KMF menjadi                               requirements related to the EPC project,
           US$ 140 juta. Perubahan ini telah mendapatkan                           thereby increasing the KMF facility to
           persetujuan dari BCA.                                                   US$ 140 million. This change has been
                                                                                   approved by BCA.

           Pada tanggal 27 Agustus 2025, Perusahan dan                             On August 27, 2025, the Company and BCA
           BCA menyetujui perubahan atas fasilitas ini,                            agreed to amend this facility by reverting the
           yakni mengembalikan konversi limit sementara                            temporary conversion from the Time Loan
           dari Time Loan Revolving ke KMF, dan                                    Revolving to the KMF, and increasing the
           menambah limit fasilitas KMF sehingga limit                             KMF facility limit, bringing the total facility limit
           fasilitas menjadi US$ 175 juta.                                         to US$ 175 million.

           Sampai dengan tanggal 31 Desember 2025,                                 As of December 31, 2025, the utilized portion
           porsi  yang  telah   digunakan   sebesar                                amounted to US$ 100.19 thousand for
           US$ 100,19    ribu untuk penerbitan atas                                issuing against the BG/SBLC and LC/SKBDN
           BG/SBLC dan LC/SKBDN (31 Desember 2024:                                 (December 31, 2024: US$ 86,455).
           US$ 86.455).




                                                               90
Page 363
PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

  Pada tanggal 23 Juli 2024, BCA telah memberikan                  On July 23, 2024, BCA has granted approval for the
  persetujuan    terkait  dengan    adanya    rencana              Company’s plan to add facilities at syndicated loan of
  Perusahaan untuk penambahan fasilitas pinjaman                   Mandiri and PT Bank Negara Indonesia (Persero)
  sindikasi Mandiri dan PT Bank Negara Indonesia                   Tbk (BNI) amounted equivalent to US$ 200 million.
  (Persero) Tbk (BNI) setara dengan US$ 200 juta.

  Pada tanggal 8 Juli 2025, Perusahaan mengajukan                  On July 8, 2025, the Company submitted a request
  permohonan persetujuan penambahan fasilitas                      for approval of an additional facility amounted to
  sebesar US$ 240 juta dari Mandiri, BNI dan bank                  US$ 240 million from Mandiri, BNI, and other banks
  lainnya berdasarkan pertimbangan Perusahaan.                     based on the Company's considerations. This
  Permohonan ini telah mendapatkan persetujuan dari                request has been approved by BCA.
  BCA.

  Pada tanggal 14 Agustus 2025, Perusahaan                         On August 14, 2025, the Company submitted a
  mengajukan permohonan persetujuan penambahan                     request for approval to obtain additional facilities
  fasilitas sebesar US$ 160 juta dari Mandiri, BNI dan             amounted to US$ 160 million from Mandiri, BNI, and
  bank lainnya dan fasilitas NCL dari Mandiri sebesar              other banks, as well as an NCL facility from Mandiri
  US$ 100 juta. Permohonan ini telah mendapatkan                   amounted to US$ 100 million. This request has been
  persetujuan BCA.                                                 approved by BCA.

  Fasilitas pinjaman dengan BCA mencakup persyaratan               The loan facilities with BCA include financial
  keuangan seperti mempertahankan penyesuaian rasio                requirements such as maintaining an adjusted current
  lancar tidak kurang dari 1x, rasio (Earning Before               ratio of not less 1x, an (Earning Before Interest, Tax,
  Interest, Tax, Depreciation, and Amortization) EBITDA            Depreciation, and Amortization) EBITDA to interest-
  terhadap utang dan kewajiban bunga tidak kurang dari             bearing debt ratio of not less than 1.15x, and a debt-
  1,15x, rasio utang terhadap ekuitas tidak melebihi 3x,           to-equity ratio not exceeding 3x, calculated based on
  yang dihitung berdasarkan laporan keuangan                       the annual audited consolidated financial statements.
  konsolidasian yang telah diaudit setiap akhir tahunan.

  Pada tanggal 31 Desember 2025, Grup telah memenuhi               As of December 31, 2025, the Group is in compliance
  syarat dan kondisi yang ditetapkan seluruh pinjaman              with the terms and conditions of all the long-term
  jangka panjang-pihak ketiga.                                     loans third parties.

  PT Bank Negara Indonesia (Persero) Tbk (BNI) dan                 Syndicated PT Bank Negara Indonesia (Persero) Tbk
  PT Bank Mandiri Tbk (Mandiri) Sindikasi                          (BNI) and PT Bank Mandiri Tbk (Mandiri)

  Berdasarkan Perjanjian Fasilitas Kredit Senior                   Based on the Senior Term Loan Facility Agreement
  Berjangka tanggal 30 Agustus 2024 sebagaimana                    dated August 30, 2024, as amended and restated on
  diubah       dan     dinyatakan      kembali     tanggal         September 13, 2024, BNI, together with Mandiri,
  13 September 2024, BNI bersama dengan Mandiri                    approved the application for a Senior Term Loan
  menyetujui pengajuan Fasilitas Kredit Berjangka Senior           Facility to the Company amounted to Rp 3.1 trillion
  kepada Perusahaan sebesar Rp 3,1 triliun (setara                 (equivalent to US$ 192 million), with an an option for
  dengan US$ 192 juta) dengan suatu opsi penambahan                facility increase (accordion option) of up to
  fasilitas (accordion option) hingga Rp 775 miliar (setara        Rp 775 billion (equivalent to US$ 48 million). This
  dengan US$ 48 juta), yang akan digunakan untuk                   facility will be used to finance the Company's capital
  membiayai capital expenditure dari bisnis Perusahaan.            expenditure. The term of the facility is 96 months, with
  Jangka waktu fasilitas ini adalah 96 bulan dengan                an interest rate of three-months JIBOR plus a margin
  bunga sebesar JIBOR 3 bulan ditambah margin                      of 1.90% per annum.
  sebesar 1,90% per tahun.

  Selama tahun 2024 Perusahaan telah melakukan                     During 2024, the Company made several drawdowns
  beberapa kali penarikan dengan nilai total sebesar               totaling Rp 337.38 billion (equivalent to
  Rp 337,38 miliar (setara dengan US$ 21.262 ribu).                US$ 21,262 thousand). The facility will mature on
  Fasilitas akan     jatuh  tempo    pada     tanggal              September 23, 2032.
  23 September 2032.

  Pada tahun yang berakhir 31 Desember 2025, fasilitas             For the year ended December 31, 2025, this facility
  ini telah digunakan oleh Perusahaan sebesar                      has been utilized by the Company amounted to
  Rp 2.762 miliar (setara dengan US$ 168.714 ribu).                Rp       2,762      billion   (equivalent        to
  Fasilitas akan     jatuh   tempo  pada     tanggal               US$ 168,714 thousand). The facility will mature on
  23 September 2032.                                               September 23, 2032.




                                                              91
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

  Fasilitas Kredit Berjangka Senior ini mencakup                   This Senior Term Loan Facility includes financial
  persyaratan keuangan seperti mempertahankan rasio                covenants such as maintaining a current ratio of not
  lancar tidak kurang dari 1:1, rasio EBITDA terhadap              less than 1:1, an EBITDA-to-debt and interest
  utang dan kewajiban bunga tidak kurang dari 115%,                obligations ratio of not less than 115%, and a debt-to-
  rasio utang terhadap ekuitas tidak melebihi 2,5:1,               equity ratio not exceeding 2.5:1, calculated based on
  yang dihitung berdasarkan laporan keuangan                       the consolidated financial statements on a quarterly
  konsolidasian setiap triwulanan.                                 basis.

  Pada tanggal 10 Juni 2025, BNI dan Mandiri menyetujui            On June 10, 2025, BNI and Mandiri approved the
  permohonan Perusahaan atas pengesampingan rasio                  Company's request for a waiver of financial ratios for
  keuangan untuk periode Juni, September dan                       the periods of June, September, and December
  Desember 2025 dan mengubah rasio utang terhadap                  2025, and amended the debt-to-equity ratio to not
  ekuitas menjadi tidak lebih dari 3:1. Pada tanggal               exceed 3:1. On December 31, 2025, the Group had
  31 Desember 2025, Grup telah memenuhi persyaratan                complied with these requirements.
  tersebut.

  Pada tanggal 31 Desember 2025, Perusahaan telah                  As of December 31, 2025, the Company is in
  memenuhi syarat dan kondisi yang ditetapkan seluruh              compliance with the terms and conditions of all the
  pinjaman jangka panjang-pihak ketiga.                            long-term loans third parties.

  Pada tanggal 27 November 2025, BNI dan Mandiri                   On November 27, 2025, BNI and Mandiri changed
  mengubah suku bunga menjadi Compounded IndONIA                   the interest rate to 90-days Compounded IndONIA
  90 hari ditambah Spread Adjustment ditambah margin               plus Spread Adjustment plus margin of 1.9% per
  sebesar 1,9% per tahun. Perubahan ini berlaku sejak              annum. This change has been effective since
  tanggal 19 Desember 2025.                                        December 19, 2025.

  PT Bank Negara Indonesia (Persero) Tbk (BNI)                     Syndicated PT Bank Negara Indonesia (Persero) Tbk
  Sindikasi                                                        (BNI)

  BNI dan Perusahaan telah menyetujui pemberian                    BNI and the Company agreed to have bank facilities,
  fasilitas bank sebagai berikut:                                  as follows:

  a.   Kredit Investasi (KI)                                       a. Investment Credit (KI)

       Pada tanggal 17 Juli 2025, Perusahaan dan BNI                  On July 17, 2025, the Company and BNI signed
       menandatangani perjanjian fasilitas kredit investasi           an investment credit facility agreement
       dengan nilai Rp 2.197 miliar (setara dengan                    amounted to Rp 2,197 billion (equivalent to
       US$ 135.000 ribu) dengan tenor 8 tahun dan suku                US$ 135,000 thousand) with a tenure of 8 years
       bunga Compounded IndONIA tiga bulan ditambah                   and an interest rate of three-months
       margin sebesar 2,48% per tahun. Fasilitas ini                  Compounded IndONIA plus margin of 2.48% per
       digunakan untuk keperluan umum Perusahaan                      annum. This facility will be used for the
       termasuk untuk mendanai pengeluaran modal dan                  Company's general purposes, including funding
       komponen untuk semua bisnis Perusahaan, yaitu                  capital expenditure and components for all the
       termasuk namun tidak terbatas pada layanan                     Company's businesses, including but not limited
       penambangan kontrak.                                           to contract mining services.

       Pada tanggal 3 Oktober 2025, BNI dan Perusahaan                On October 3, 2025, BNI and the Company
       menandatangani perubahan dan penambahan                        signed an amendment and addition to the
       tujuan penggunaan fasilitas KI sehinga Kredit                  purpose of the KI facility, resulting in the
       Investasi ini dibagi menjadi beberapa bagian:                  Investment Credit being divided into several
                                                                      parts:

       i.   Tranche A                                                  i.    Tranche A

            Fasilitas ini digunakan untuk keperluan umum                     This facility is used for the Company’s general
            perusahaan        termasuk    untuk  mendanai                    corporate purposes, including to finance
            pengeluaran modal dan komponen untuk                             capital expenditures and components for all
            semua bisnis Perusahaan, yaitu termasuk                          of the Company’s businesses, including but
            namun       tidak    terbatas   pada  layanan                    not limited to contract mining services, with a
            penambangan kontrak dengan limit fasilitas                       facility limit of Rp 1,834 billion (equivalent to
            sebesar Rp 1.834 miliar (setara dengan                           US$ 109,952 thousand), a tenure of
            US$ 109.952 ribu) dengan tenor 8 tahun, dan                      8 years, and an interest rate of three-months
            tingkat suku bunga tiga bulan Compounded                         Compounded IndONIA plus margin of 2.48%
            IndONIA ditambah margin sebesar 2,48% per                        per annum.
            tahun.


                                                              92
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

        ii. Tranche B                                                       ii. Tranche B

            Fasilitas ini digunakan untuk General                              This facility is used for general corporate
            Corporate Purposes untuk pembiayaan                                purposes       to   finance    acquisitions/
            akuisisi/investasi      dengan     maksimum                        investments, with a maximum financing
            pembiayaan sampai dengan 80% (delapan                              portion of up to 80% (eighty percent). The
            puluh persen) dengan limit fasilitas sebesar                       facility has a limit of Rp 260 billion
            Rp      260      miliar    (setara   dengan                        (equivalent to US$ 15,588 thousand),
            US$ 15.588 ribu) dengan tenor 8 tahun, dan                         a tenure of 8 years, and an interest rate of
            tingkat suku bunga Compounded IndONIA                              three-months Compounded IndONIA plus
            tiga bulan ditambah margin sebesar 2,48%                           margin of 2.48% per annum.
            per tahun.

        Sejak ditandatanganinya fasilitas kredit ini sampai                 From the signing of this credit facility up to
        dengan     tanggal    31     Desember         2025,                 December 31, 2025, the Company has made
        Perusahaan telah melakukan beberapa kali                            several drawdowns of Tranche A totaling
        penarikan Tranche A dengan nilai total                              Rp      705.37    billion    (equivalent      to
        sebesar Rp 705,37 miliar (setara dengan                             US$ 42,812 thousand). Meanwhile, drawdowns
        US$ 42.812 ribu). Sedangkan, untuk Tranche B                        for Tranche B amounted to Rp 260 billion
        sebesar Rp 260 miliar (setara dengan                                (equivalent to US$ 15.62 million). This facility
        US$ 15,62 juta). Fasilitas ini jatuh tempo pada                     matured on June 23, 2033.
        tanggal 23 Juni 2033.

        Fasilitas Kredit Berjangka Senior ini mencakup                      This Senior Term Loan Facility includes
        persyaratan keuangan seperti mempertahankan                         financial covenants such as maintaining a
        rasio lancar tidak kurang dari 1:1, rasio EBITDA                    current ratio of no less than 1:1, an EBITDA to
        terhadap utang dan kewajiban bunga tidak kurang                     debt and interest obligations ratio of no less
        dari 115%, rasio utang terhadap ekuitas tidak                       than 115%, and a debt-to-equity ratio not
        melebihi 3:1, yang dihitung berdasarkan laporan                     exceeding 3:1, which are calculated based on
        keuangan konsolidasian setiap triwulanan.                           the consolidated financial statements on a
                                                                            quarterly basis.

        Pada tanggal 31 Desember 2025, Perusahaan                           As of December 31, 2025, the Company is in
        telah memenuhi syarat dan kondisi yang                              compliance with the terms and conditions of all
        ditetapkan seluruh pinjaman jangka panjang-                         the long-term loans third parties.
        pihak ketiga.

   b.   Fasilitas pinjaman non tunai                                   b.   NCL facility

        Pada tanggal 25 Juli 2025, Perusahaan dan BNI                       On July 25, 2025, the Company and BNI signed
        menandatangani perjanjian fasilitas pinjaman non                    a non-cash loan facility agreement equivalent to
        tunai setara US$ 25 juta, dengan tenor fasilitas                    US$ 25 million, with a facility tenure of 1 year.
        1 tahun. Fasilitas ini dapat digunakan untuk                        This facility can be used for the issuance of
        penerbitan Bank Garansi (BG), untuk keperluan                       bank guarantees (BG), including bid bonds,
        jaminan tender, jaminan uang muka, jaminan                          advance payment guarantees, performance
        pelaksanaan, dan jaminan pemeliharaan.                              bonds, and maintenance bonds.

        Pada tanggal 3 Oktober 2025, BNI dan                                On October 3, 2025, BNI and the Company
        Perusahaan menyepakati perubahan atas                               agreed to amend the non-cash loan facility,
        fasilitas   pinjaman     non     tunai,    termasuk                 including the addition of its intended use. With
        penambahan tujuan penggunaannya. Dengan                             this amendment, the limit of the non-cash loan
        perubahan ini, limit fasilitas pinjaman non tunai                   facility became US$ 31.2 million. The increase
        menjadi US$ 31,2 juta. Penambahan limit ini                         in the limit resulted from the reallocation
        berasal dari realokasi (switching) limit dari fasilitas             (switching) of the limit from the Investment
        kredit investasi.                                                   Credit facility.




                                                                  93
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

        Selain itu, tujuan penggunaan fasilitas pinjaman                   In addition, the purpose of the non-cash loan
        non tunai juga diperluas. Kini fasilitas ini dapat                 facility has also been expanded. The facility can
        digunakan untuk penerbitan Bank Garansi (BG)                       now be used for the issuance of Bank
        atau Standby Letter of Credit (SBLC) oleh                          Guarantees (BG) or Standby Letters of Credit
        Perusahaan dan anak perusahaannya, untuk                           (SBLC) by the Company and its subsidiaries for
        keperluan-keperluan berikut:                                       the following purposes:

        i.      Jaminan tender/ penawaran                                  i.      Tender/bid bond
        ii.     Uang muka                                                  ii.     Advance payment
        iii.    Jaminan pelaksanaan pekerjaan                              iii.    Performance bond
        iv.     Jaminan pemeliharaan                                       iv.     Maintenance bond
        v.      Jaminan lainnya (termasuk penerbitan                       v.      Other guarantees (including the issuance
                custom bond, demand guarantee dan                                  of custom bonds, demand guarantees, and
                counter guarantee).                                                counter guarantees).

        Sejak ditandatanganinya fasilitas kredit ini                       Since the signing of this credit facility up to
        sampai dengan tanggal 31 Desember 2025                             December 31, 2025, the Company has utilized
        Perusahaan telah menggunakan fasilitas ini                         this facility amounted to US$ 15.01 million.
        sebesar US$ 15,01 juta.

   PT Bank Mandiri (Persero) Tbk (Mandiri)                            PT Bank Mandiri (Persero) Tbk (Mandiri)

   Mandiri dan Perusahaan telah menyetujui pemberian                  Mandiri and the Company agreed to have bank
   fasilitas bank sebagai berikut:                                    facilities, as follows:

   Pada tahun yang berakhir 31 Desember 2025, Mandiri                 For the year ended December 31, 2025, Mandiri and
   dan Perusahaan telah menyetujui pemberian fasilitas                the Company have agreed on the provision of the
   bank sebagai berikut:                                              following banking facilities:

   a.   Kredit Investasi                                              a.   Investment Credit

        Pada tanggal 28 Agustus 2025, Perusahaan dan                       On August 28, 2025, the Company and Mandiri
        Mandiri menandatangani perjanjian fasilitas                        signed an Investment Credit facility agreement
        Kredit Investasi dengan nilai maksimal sebesar                     with a maximum value of Rp 2.5 trillion
        Rp 2,5 triliun (setara dengan US$ 149 juta), dibagi                (equivalent to US$ 149 million), divided into
        menjadi beberapa bagian limit fasilitas sebagi                     several facility limits as follows:
        berikut:

        i.     Tranche A                                                   i.     Tranche A

               Fasilitas ini digunakan untuk pembiayaan                           This facility is used to finance capital
               belanja modal terkait pembelian setiap aset                        expenditure related to the purchase of any
               usaha untuk seluruh usaha peminjam,                                Business Assets for all of the borrower’s
               termasuk namun tidak terbatas pada kontrak                         businesses, including but not limited to
               jasa pertambangan, kontrak jasa rekayasa,                          mining service contracts, engineering,
               pengadaan, dan pembangunan (engineering,                           procurement and construction (EPC)
               procurement and construction) atau kontrak                         contracts, or other business-related
               terkait kegiatan usaha lainnya yang                                contracts as stated in the articles of
               disebutkan dalam anggaran dasar. Dengan                            association. The facility has a limit of
               limit fasilitas sebesar Rp 1,5 triliun (setara                     Rp     1.5      trillion  (equivalent   to
               dengan US$ 89.928 ribu), dengan tenor                              US$ 89,928 thousand), with a tenure of
               8 tahun dan tingkat suku bunga Compounded                          8 years, and an interest rate of three-
               IndONIA tiga bulan ditambah margin sebesar                         months Compounded IndONIA plus margin
               2,48% per tahun.                                                   of 2.48% per annum.

               Sejak ditandatanganinya fasilitas kredit ini                       Since the signing of this credit facility up to
               sampai dengan tanggal 31 Desember 2025,                            December 31, 2025, the Company has
               Perusahaan telah melakukan beberapa                                made several drawdowns with a total value
               penarikan dengan nilai total sebesar                               of Rp 117.5 billion (equivalent to
               Rp     117,5     miliar      (setara    dengan                     US$ 7,044 thousand). This facility will
               US$ 7.044 ribu). Fasilitas ini jatuh tempo pada                    mature on June 23, 2033.
               23 Juni 2033.



                                                                 94
Page 367
PT PETROSEA Tbk DAN ENTITAS ANAK                                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                 – Continued

        ii. Tranche B                                                      ii.     Tranche B

             Fasilitas ini digunakan untuk pembiayaan                              This facility is used to finance cash flow
             cashflow gap dalam rangka ekspansi usaha                              gaps in connection with the Company’s
             Perusahaan, fasilitas ini terbagi lagi menjadi:                       business expansion, and is further divided
                                                                                   into:

              a)   Tranche B.1 dengan limit sebesar                                 a)   Tranche B.1 with a limit of
                   Rp 320 miliar (setara dengan                                          Rp 320 billion (equivalent to
                   US$ 19.185 ribu) untuk pembiayaan                                     US$ 19,185 thousand) for financing
                   terkait akuisisi Grup Hafar.                                          related to the acquisition of Hafar
                                                                                         Group.

              b)   Tranche B.2 dengan limit sebesar                                 b)   Tranche B.2 with a limit of
                   Rp 680 miliar (setara dengan                                          Rp 680 billion (equivalent to
                   US$ 40.767 ribu) untuk pembiayaan                                     US$ 40,767 thousand) for financing
                   terkait akuisisi dimasa yang akan                                     related to future acquisitions.
                   datang.

             Tenor facility ini selama 8 tahun dan tingkat                         The tenure of this facility is 8 years, with an
             suku bunga Compounded IndONIA tiga bulan                              interest rate of fs Compounded IndONIA
             ditambah margin sebesar 2.48% per tahun.                              plus margin of 2.48% per annum.

             Sejak ditandatanganinya fasilitas kredit ini                          Since the signing of this credit facility up to
             sampai dengan tanggal 31 Desember 2025,                               December 31, 2025, the Company has
             Perusahaan telah melakukan penarikan                                  made a drawdown under Tranche B.1
             Tranche B.1 sebesar Rp 829,33 miliar (setara                          amounted to Rp 829.33 billion (equivalent to
             dengan US$ 50,16 juta), Fasilitas ini jatuh                           US$ 50.16 million). This facility will mature
             tempo pada 23 Juni 2033.                                              on June 23, 2033.

   b.   Fasilitas pinjaman non tunai                                  b.    NCL Facility

        Pada tanggal 29 September 2025, Perusahaan                          On September 29, 2025, the Company and
        dan Mandiri menandatangani perjanjian fasilitas                     Bank Mandiri signed a non-cash loan facility
        pinjaman non tunai, fasilitas ini bersifat global line              agreement. This facility is a global line shared
        dengan Anak Perusahaan, PTKBL, PTCEP, dan                           with the Company’s subsidiaries, PTKBL,
        Grup Hafar. Fasilitas ini dapat digunakan untuk:                    PTCEP, dan Hafar Group. The facility can be
                                                                            used for:

        i.   BG/SBLC                                                        i.    BG/SBLC

             Fasilitas ini dapat digunakan untuk penerbitan                        This facility can be used for the issuance of
             Bid bond, performance bond, advance                                   bid bonds, performance bonds, advance
             payment bond, retention bond, payment bond,                           payment bonds, retention bonds, payment
             counter guarantee, custom bond dan SBLC                               bonds, counter guarantees, custom bonds,
             dengan limit sebesar US$ 60 juta. Penerbitan                          and SBLCs, with a limit of US$ 60 million.
             BG/SBLC ini terkait dengan pelaksanaan                                The issuance of this BG/SBLC is related to
             proyek sesuai dengan aktivitas bisnis                                 the execution of projects in line with the
             Perusahaan.                                                           Company’s business activities.

        ii. LC/SKBDN                                                        ii. LC/SKBDN

             Fasilitas ini dapat digunakan untuk penerbitan                        This facility can be used for the issuance of
             LC Impor dan SKBDN (Sight/Usance/UPAS/                                Import LCs and Domestic LCs (Sight/
             UPAU) dengan limit sebesar US$ 40 juta.                               Usance/UPAS/UPAU) with a limit of
             Tujuan penggunakan fasilitas ini untuk                                US$ 40 million. The purpose of this facility
             pembelian bahan baku, bahan penolong,                                 is to finance the purchase of raw materials,
             bahan bakar, spare parts, peralatan IT dan                            auxiliary materials, fuel, spare parts, IT
             peralatan        operasional      Perusahaan,                         equipment, and the Company’s operational
             pembelian komponen dan material konstruksi                            tools, as well as the purchase of
             termasuk struktur besi dan baja, pre-fabrikasi                        construction components and materials,
             serta precast.                                                        including steel and iron structures,
                                                                                   prefabricated, and precast materials.


                                                                 95
Page 368
PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   Sejak ditandatanganinya fasilitas kredit ini sampai            Since the signing of this credit facility up to
   dengan tanggal 31 Desember 2025, Perusahaan telah              December 31, 2025, the Company has utilized this
   menggunakan fasilitas ini sebesar US$ 27,26 ribu.              facility amounted to US$ 27.26 thousand.

   Fasilitas pinjaman dengan Mandiri mencakup                     The loan facilities with Mandiri include financial
   persyaratan keuangan seperti mempertahankan                    requirements such as maintaining an adjusted
   penyesuaian rasio lancar tidak kurang dari 1x, rasio           current ratio of not less 1x, an EBITDA to interest-
   EBITDA terhadap utang dan kewajiban bunga tidak                bearing debt ratio of not less than 1.15x, and a debt-
   kurang dari 1,15x, rasio utang terhadap ekuitas tidak          to-equity ratio not exceeding 3.5x, calculated based
   melebihi 3,5x, yang dihitung berdasarkan laporan               on the quarterly consolidated financial statements.
   keuangan konsolidasian triwulanan.

   Pada tanggal 31 Desember 2025, Perusahaan telah                As of December 31, 2025, the Company is in
   memenuhi syarat dan kondisi yang ditetapkan seluruh            compliance with the terms and conditions of all the
   pinjaman jangka panjang-pihak ketiga.                          long-term loans third parties.

   Fasilitas pinjaman jangka panjang dijaminkan dengan            The long-term loan facilities are secured by heavy
   alat berat, peralatan dan kendaraan kepada BCA                 equipment, machinery, and vehicles to BCA with
   dengan nilai tercatat sebesar US$ 270.649 ribu, BNI            carrying value amounted to US$ 270,649 thousand,
   dan Mandiri Sindikasi sebesar US$ 232.267 ribu, serta          BNI and Mandiri Syndication amounted to
   Mandiri sebesar US$ 22.355 ribu pada tanggal                   US$ 232,267 thousand, also with Mandiri
   31 Desember 2025 (31 Desember 2024: BCA dengan                 amounted to US$ 22,355 thousand as of
   nilai tercatat sebesar US$ 122.868 ribu serta BNI              December 31, 2025 (December 31, 2024: BCA with
   sebesar US$ 19.044 ribu) (Catatan 13).                         carrying value amounted to US$ 122,868 million
                                                                  also with BNI and Mandiri Syndication amounted to
                                                                  US$ 19,044 million) (Note 13).

   Manajemen berpendapat bahwa nilai jaminan tersebut             Management believes that the collateral is adequate
   cukup untuk memenuhi fasilitas pinjaman jangka                 to cover the long-term loan facilities.
   panjang.

   Australia and New Zealand Banking Grup Ltd (ANZ)               Australia and New Zealand Banking Group Ltd
                                                                  (ANZ)

   Pada tanggal 13 Mei 2024, HBS menandatangani                   On May 13, 2024, HBS executed a letter of offer for
   letter of offer untuk total fasilitas sebesar K 70 juta        total facilities of K70 million (equivalent to
   (setara dengan US$ 16,8 juta), yang terdiri dari               US$ 16.8 million), comprising Facility A of K 30
   Fasilitas A sebesar K 30 juta (setara dengan                   million (equivalent to US$ 7.2 million) for refinancing
   US$ 7,2 juta) untuk pembiayaan kembali pinjaman                of existing borrowings with Bank South Pacific and
   yang ada pada Bank South Pacific dan Fasilitas B               Facility B of K 30 million (equivalent to
   sebesar K 30 juta (setara dengan US$ 7,2 juta) untuk           US$ 7.2 million) for capital expenditure. The
   belanja modal. Suku bunga yang berlaku adalah                  applicable interest rates are 7.59% for Facility A and
   7,59% untuk Fasilitas A dan 6,95% untuk Fasilitas B.           6.95% for Facility B.

   Pada    tanggal     20    Desember         2024,   HVC         On December 20, 2024, HVC entered into a loan
   menandatangani perjanjian fasilitas pinjaman dengan            facility agreement with ANZ with a total facilities of
   ANZ dengan total fasilitas sebesar K 20 juta (setara           K 20 million (equivalent to US$ 4.8 million) to fund
   dengan US$ 4,8 juta) untuk mendanai belanja modal.             capital expenditure. ANZ finances 75% of the
   ANZ membiayai 75% dari biaya proyek sesuai dengan              project cost in line with the joint venture
   pengaturan joint venture. Fasilitas ini dikenakan bunga        arrangement.     The     facility bears      interest
   sebesar 6,95%.                                                 at 6.95%.

   Pada tanggal 22 Oktober 2025, HBS memperoleh                   On October 22, 2025, HBS obtained an additional
   tambahan fasilitas, Fasilitas C, sebesar K 20 juta             facility (Facility C) of K 20 million (equivalent to
   (setara dengan US$ 4,8 juta) untuk pembiayaan                  US$ 4.8 million) to refinance borrowings from credit
   kembali pinjaman dari kredit bank. Fasilitas ini               bank. The facility carries an interest rate of 7.59%
   dikenakan suku bunga 7,59% dan memiliki jangka                 and has a tenor of 24 months.
   waktu 24 bulan.




                                                             96
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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

   Fasilitas A dan Fasilitas C merupakan fasilitas               Facility A and Facility C are non-revolving facilities.
   non-revolving. Fasilitas B dan fasilitas HVC                  Facility B and the HVC facility are revolving facilities,
   merupakan fasilitas revolving, dengan setiap                  with each drawdown structured as a term loan with
   penarikan dana (drawdown) disusun sebagai                     a tenor of 36 months.
   pinjaman berjangka dengan tenor 36 bulan.

   Sejak ditandatanganinya fasilitas kredit ini sampai           Since the signing of this credit facility up to
   dengan tanggal 31 Desember 2025, HBS telah                    December 31, 2025, HBS has made a drawdown
   melakukan penarikan Fasilitas A sebesar K 40 juta             under Facility A amounted to K 40 million (equivalent
   (setara dengan US$ 9,6 juta), Fasilitas B sebesar             to US$ 9.6 million), Facility B amounted to
   K 33 juta (setara dengan US$ 7,7 juta) dan Fasilitas C        K 33 million (equivalent to US$ 7.7 million) and
   sebesar K 20 juta (setara dengan US$ 4,7 juta). HVC           Facility C amounted to K 20 million (equivalent to
   telah melakukan penarikan Fasilitas C sebesar                 US$ 4.7 million). HVC has made a drawdown
   K 13 juta (setara dengan US$ 3,2 juta).                       amounted to K 13 million (equivalent to
                                                                 US$ 3.2 million).

   Fasilitas pinjaman dengan ANZ untuk HBS mencakup              The loan facilities with ANZ for HBS include financial
   persyaratan keuangan seperti kewajiban untuk                  covenant such as maintaining an adjusted current
   mempertahankan rasio lancar yang disesuaikan tidak            ratio of not less than 0.90, a debt-to-EBITDA ratio of
   kurang dari 0,90, rasio utang terhadap EBITDA tidak           not greater than 2.50x, and an interest coverage
   lebih dari 2,50x, serta rasio cakupan bunga tidak             ratio of not less than 1.75x.
   kurang dari 1,75x.

   Fasilitas pinjaman dengan ANZ untuk HVC mencakup              The loan facility with ANZ for HVC include financial
   persyaratan keuangan seperti kewajiban untuk                  covenant such as maintain a debt-to-EBITDA ratio
   mempertahankan rasio utang terhadap EBITDA tidak              of less than 2x and an interest coverage ratio of
   kurang dari 2x serta rasio cakupan bunga tidak lebih          greater than 3x.
   dari 3x.

   Pada tanggal 31 Desember 2025, Perusahaan telah               As of December 31, 2025, the Company is in
   memenuhi syarat dan kondisi yang ditetapkan seluruh           compliance with the terms and conditions of all the
   pinjaman jangka panjang-pihak ketiga.                         long-term loans third parties.

   Moniplus Simberi Funding (Moniplus)                           Moniplus Simberi Funding (Moniplus)

   Pada Oktober 2023, HBS menandatangani perjanjian              In October 2023, HBS entered into a loan
   pinjaman dengan Moniplus untuk membiayai                      agreement with Moniplus to finance the acquisition
   pembelian 15 unit truk angkut artikulasi Rokbak (ADT)         of 15 Rokbak articulated dump trucks (ADTs) for the
   untuk proyek Simberi. Tahap pertama yang mencakup             Simberi project. The first tranche, covering 10 units,
   10 unit memiliki jangka waktu 36 bulan dengan suku            has a tenor of 36 months with a fixed interest rate of
   bunga tetap sebesar 10,50%. Fasilitas ini disusun             10.50%. The facility is structured as interest-only for
   dengan      skema      pembayaran     hanya     bunga         the first three months. Interest is capitalised
   (interest-only) selama tiga bulan pertama. Bunga              monthly.
   dikapitalisasi setiap bulan.

   Lima unit ADT sisanya dibiayai melalui pinjaman               The remaining five ADTs are financed under
   berjangka terpisah dengan jangka waktu 36 bulan dan           separate term loans with a tenor of 36 months and
   suku bunga tetap sebesar 10,50%.                              a fixed interest rate of 10.50%.

   Pinjaman tambahan diperoleh dari Moniplus pada                Additional loans were obtained from Moniplus in
   tahun 2024 dan 2025 untuk membiayai peralatan                 2024 and 2025 to finance supporting equipment,
   pendukung, termasuk bulldozer. Fasilitas-fasilitas            including bulldozers. These facilities have tenors of
   tersebut memiliki jangka waktu 36 bulan dengan suku           36 months and carry fixed interest rates ranging
   bunga tetap berkisar antara 11% hingga 12%.                   from 11% to 12%.

   Pada Mei 2024, HVC, menandatangani perjanjian                 In May 2024, HVC, entered into a loan agreement
   pinjaman dengan Moniplus untuk membiayai mesin                with Moniplus to finance crushers for the Hidden
   crusher untuk proyek Hidden Valley sebesar K 9,5 juta         Valley project amounting to K 9.5 million (equivalent
   (setara dengan US$ 2,2 juta). Fasilitas ini memiliki          to US$ 2.2 million). The facility has a tenor of
   jangka waktu 33 bulan, suku bunga tetap sebesar               33 months, a fixed interest rate of 10.50%, and is
   10,50%, dan disusun dengan skema interest-only                structured as interest-only for the first three months.
   selama tiga bulan pertama.



                                                            97
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PT PETROSEA Tbk DAN ENTITAS ANAK                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                           – Continued

   Pada Juni 2025, HVC memperoleh tambahan                            In June 2025, HVC obtained an additional loan from
   pinjaman dari Moniplus untuk membiayai sebuah                      Moniplus to finance a bulldozer, with a tenor of
   bulldozer, dengan jangka waktu 36 bulan dan suku                   36 months and a fixed interest rate of 12%.
   bunga tetap sebesar 12%.

   Sejak ditandatanganinya fasilitas kredit ini sampai                Since the signing of this credit facility up to
   dengan tanggal 31 Desember 2025, HBS dan HVC                       December 31, 2025, HBS and HVC has made a
   telah melakukan penarikan Fasilitas Moniplus masing-               drawdown under Facility Moniplus amounted to
   masing sebesar K 39,9 juta (setara dengan                          K 39.9 million (equivalent to US$ 9.4 million) and
   US$ 9,4 juta) dan K 10 juta (setara dengan                         K 10 million (equivalent to US$ 2.4 million),
   US$ 2,4 juta).                                                     respectively.

   Tidak terdapat persyaratan keuangan atas pinjaman                 There is no financial covenant related to this loan.
   ini.

   Beban bunga pinjaman jangka panjang dari pihak                    The interest expenses incurred from long-term loans
   ketiga untuk tahun yang berakhir 31 Desember 2025                 from third parties for the year ended
   sebesar US$ 31.283 ribu (2024: US$ 16.008 ribu)                   December        31,     2025,     amounted       to
   (Catatan 34).                                                     US$ 31,283 thousand (2024: US$ 16,008 thousand)
                                                                     (Note 34).


26. UTANG OBLIGASI                                                26. BONDS PAYABLE

                                               31 Desember/       31 Desember/
                                               December 31,       December 31,
                                                   2025               2024
                                                 US$ '000           US$ '000
   Obligasi Berkelanjutan I Petrosea                                              Petrosea Continuous Registration Bonds I
    Tahap I 2024 (Catatan 1e)                        56.787             61.874      Phase I 2024 (Note 1e)
    Tahap II 2025 (Catatan 1e)                       59.588                  -      Phase II 2025 (Note 1e)

   Biaya transaksi belum diamortisasi                  (835)              (570)   Unamortized transaction cost
   Bunga masih harus dibayar                            400                267    Accrued interest
   Jumlah                                           115.940             61.571    Total
   Bagian yang jatuh tempo dalam satu tahun            (400)            (3.175)   Current maturities

   Utang obligasi - setelah dikurangi bagian
     yang jatuh tempo dalam satu tahun              115.540             58.396    Bonds payable - net of current maturities

   Tingkat bunga per tahun untuk Seri A, Seri B, Seri C               The annual interest rates of Series A, Series B,
   dan Seri D masing-masing sebesar 6,50%, 8,00%,                     Series C and Series D Bonds are 6.50%, 8.00%,
   8,75% dan 9,50%, yang dibayarkan setiap triwulan.                  8.75% and 9.50%, respectively, that are paid on a
   Jangka waktu obligasi untuk Seri A, Seri B, Seri C, dan            quarterly basis. The period of bonds for Series A,
   Seri D masing-masing adalah 367 hari, 3 tahun,                     Series B, Series C, and Series D are 367 days,
   5 tahun, dan 7 tahun sejak tanggal emisi.                          3 years, 5 years, and 7 years, respectively, from
                                                                      emission date.

   Obligasi ini memperoleh pemeringkatan “A+“ dari                    The bonds obtained a rating of “A+“ from
   PT Pemeringkat    Efek     Indonesia (PEFINDO)                     PT Pemeringkat Efek Indonesia (PEFINDO) based
   berdasarkan surat penegasan atas pemeringkatan                     on confirmation letter related to rating on
   tanggal 12 September 2024.                                         September 12, 2024.

   Pada tanggal 10 September 2025, PEFINDO telah                      On September 10, 2025, PEFINDO issued
   menerbitkan Ringkasan Peringkat Korporasi dan                      Corporate & Instrument Rating Summary with
   Instrumen dengan peringkat idA+/stabil (single A plus;             idA+/stable (single A plus; stable outlook) for the
   prospek stabil) untuk periode 9 September 2025                     period September 9, 2025 until September 1, 2026.
   hingga 1 September 2026.

   Obligasi diterbitkan dengan tujuan untuk mendanai                  The bonds were issued for the purpose of working
   kebutuhan modal kerja Perusahaan dan telah                         capital and have been registered on the IDX.
   dicatatkan di BEI.




                                                             98
Page 371
PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

   PT Kustodian Sentral Efek Indonesia bertindak                     PT Kustodian Sentral Efek Indonesia acts as
   sebagai agen pembayaran, PT Bank Tabungan                         payment agent facility, PT Bank Tabungan Negara
   Negara (Persero) Tbk sebagai Wali Amanat,                         (Persero) Tbk acts as Trustee Agent, PT BCA
   PT BCA Sekuritas, PT Henan Putihrai Sekuritas,                    Sekuritas, PT Henan Putihrai Sekuritas, PT BNI
   PT    BNI     Sekuritas,  PT    Sucor   Sekuritas,                Sekuritas, PT Sucor Sekuritas, PT Trimegah
   PT Trimegah Sekuritas Indonesia Tbk, PT Aldiracita                Sekuritas Indonesia Tbk, PT Aldiracita Sekuritas
   Sekuritas Indonesia dan PT BRI Danareksa Sekuritas                Indonesia and PT BRI Danareksa Sekuritas act as
   sebagai Penjamin Emisi dan Pelaksana Efek.                        Underwriters and Arrangers.

   Perusahaan diwajibkan untuk memelihara rasio                      The Company is required to maintain the following
   keuangan seperti mempertahankan rasio lancar tidak                financial ratios such as maintaining the current ratio
   kurang dari 1x, rasio EBITDA terhadap kewajiban                   not less than 1x the EBITDA to interest plus
   bunga dan cicilan tidak kurang dari 1,15x kali, rasio             installments ratio not less than 1.15x, and the
   utang berbunga terhadap ekuitas tidak melebihi 3x,                interest-bearing debt to equity ratio not exceeding
   yang dihitung berdasarkan laporan keuangan                        3x, calculated based on the annual consolidated
   konsolidasian setiap tahunan.                                     financial statements.

   Pada tanggal 31 Desember 2025, Perusahaan telah                   As of December 31, 2025, the Company is in
   memenuhi syarat dan kondisi yang ditetapkan seluruh               compliance with the terms and conditions of all the
   utang obligasi.                                                   bonds payable.

   Perusahaan diwajibkan mematuhi pembatasan dan                     The Company is required to comply with restrictions
   kewajiban berdasarkan Perjanjian Perwaliamanatan,                 and obligations under the Trust Deed Agreement,
   antara lain:                                                      including:

   i.     Larangan melakukan tindakan tertentu yang                  i.     A prohibition from undertaking certain actions
          dapat merugikan kepentingan pemegang obligasi                     that may harm the interests of the bondholders
          tanpa persetujuan Wali Amanat dan/atau Rapat                      without the approval of the Trustee and/or a
          Umum Pemegang Obligasi (RUPO) sesuai                              Bondholders’ Meeting (RUPO) in accordance
          ketentuan yang berlaku;                                           with applicable regulations;

   ii.    Kewajiban penyampaian laporan keuangan,                    ii.    An obligation to submit financial reports,
          laporan kepatuhan, dan informasi material                         compliance reports, and material information to
          kepada Wali Amanat; dan                                           the Trustee; and

   iii.   Pembatasan atas tindakan korporasi tertentu                iii.   Restrictions on certain corporate actions that
          yang berpotensi mempengaruhi kemampuan                            may potentially affect the Company’s ability to
          Perusahaan   dalam   memenuhi    kewajiban                        meet its bond payment obligations.
          pembayaran obligasi;

   Pada tanggal 31 Desember 2025, Perusahaan telah                   As of December 31, 2025, the Company is in
   memenuhi syarat dan kondisi yang ditetapkan seluruh               compliance with the terms and conditions of all the
   utang obligasi. Sampai dengan tanggal laporan                     bonds payable. Until the release date of the financial
   keuangan diterbitkan:                                             statement:

   i.     Perusahaan tidak berada dalam kondisi gagal                i.     The Company is not in a default condition with
          bayar (default) atas kewajiban obligasi;                          respect to its bond obligations;

   ii.    Perusahaan telah memenuhi semua kondisi yang               ii.    The Company has fulfilled all conditions
          disyaratkan dalam Perjanjian Perwaliamanatan;                     required under the Trust Deed Agreement;

   iii.   Tidak terdapat restrukturisasi utang atas obligasi;        iii.   There is no debt restructuring related to the
                                                                            bonds;

   iv. Tidak terdapat kejadian kelalaian (event of                   iv. There is no event of default as defined in the
       default) sebagaimana didefinisikan dalam                          Trust Deed Agreement.
       Perjanjian Perwaliamanatan.

   Beban bunga utang obligasi pada tahun yang berakhir               The interest expenses incurred from bonds payable
   31 Desember 2025 sebesar US$ 9.531 ribu                           for the year ended December 31, 2025 amounted to
   (2024: US$ 267 ribu) (Catatan 34).                                US$ 9,531 thousand (2024: US$ 267 thousand)
                                                                     (Note 34).



                                                                99
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                        – Continued

   Rekonsiliasi arus kas aktivitas pendanaan yang timbul                           Reconciliation of cashflows from financing activities
   dari utang obligasi adalah:                                                     arising from bonds payable are as follows:
                           1 Januari/                                                                     31 Desember/
                          January 1,         Arus kas masuk/   Arus kas keluar/    Perubahan nonkas/      December 31,
                             2025              Cash inflow      Cash outflow       Noncash changes            2025
                           US$ '000             US$ '000          US$ '000             US$ '000             US$ '000

   Utang obligasi               61.571               59.587              (2.801)                (2.417)         115.940      Bonds payable

                           1 Januari/                                                                     31 Desember/
                          January 1,         Arus kas masuk/   Arus kas keluar/    Perubahan nonkas/      December 31,
                             2024              Cash inflow      Cash outflow       Noncash changes            2024
                           US$ '000             US$ '000          US$ '000             US$ '000             US$ '000

   Utang obligasi                       -            61.564                   -                      7            61.571     Bonds payable



27. UTANG SUKUK IJARAH                                                       27. SUKUK IJARAH PAYABLE
                                                          31 Desember/        31 Desember/
                                                          December 31,        December 31,
                                                              2025                2024
                                                            US$ '000            US$ '000
   Sukuk Ijarah Berkelanjutan I Petrosea                                                          Petrosea Continuous Registration Sukuk Ijarah I
     Tahap I 2024 (Catatan 1e)                                   27.827               30.937        Phase I 2024 (Note 1e)
     Tahap II 2025 (Catatan 1e)                                  29.794                    -        Phase II 2025 (Note 1e)

   Biaya transaksi belum diamortisasi                              (382)                (341)     Unamortized transaction cost
   Imbalan ijarah yang masih harus dibayar                          194                  130      Accrued ijarah returns

   Jumlah                                                        57.433               30.726      Total
   Bagian yang jatuh tempo dalam satu tahun                        (194)              (2.172)     Current maturities

   Utang sukuk ijarah - setelah dikurangi bagian
     yang jatuh tempo dalam satu tahun                           57.239               28.554      Sukuk ijarah payable - net of current maturities

   Tingkat imbalan ijarah per tahun untuk Seri A, Seri B,                          The annual ijarah return rates of Series A, Series B,
   Seri C dan Seri D masing-masing sebesar 6,50%,                                  Series C, and Series D Bonds are 6.50%, 8.00%,
   8,00%, 8,75% dan 9,50%, yang dibayarkan setiap                                  8.75% and 9.50%, respectively, that are paid on a
   triwulan. Jangka waktu sukuk ijarah untuk Seri A, Seri                          quarterly basis. The period of sukuk ijarah for Series
   B, Seri C, dan Seri D masing-masing adalah 367 hari,                            A, Series B, Series C, and Series D are 367 days,
   3 tahun, 5 tahun, dan 7 tahun sejak tanggal emisi.                              3 years, 5 years, and 7 years, respectively, from
                                                                                   emission date.

   Sukuk ijarah ini memperoleh pemeringkatan “A+“ dari                             The sukuk ijarah obtained a rating of “A+“ from
   PT Pemeringkat Efek Indonesia (PEFINDO)                                         PT Pemeringkat Efek Indonesia (PEFINDO) based
   berdasarkan surat penegasan atas pemeringkatan                                  on confirmation letter related to rating on
   tanggal 12 September 2024.                                                      September 12, 2024.

   Pada tanggal 10 September 2025, PEFINDO telah                                   On September 10, 2025, PEFINDO has issued
   menerbitkan Ringkasan Peringkat Korporasi dan                                   Corporate & Instrument Rating Summary with
   Instrumen dengan peringkat idA+/stabil (single A plus;                          idA+/stable (single A plus; stable outlook) for the
   prospek stabil) untuk periode 9 September 2025                                  period September 9, 2025 until September 1, 2026.
   hingga 1 September 2026.

   Sukuk ijarah diterbitkan dengan tujuan untuk                                    Sukuk ijarah were issued for the purpose of working
   mendanai kebutuhan modal kerja Perusahaan dan                                   capital and have been registered on the IDX.
   telah dicatatkan di BEI.

   PT Kustodian Sentral Efek Indonesia bertindak                                   PT Kustodian Sentral Efek Indonesia acts as
   sebagai agen pembayaran, PT Bank Tabungan                                       payment agent facility, PT Bank Tabungan Negara
   Negara (Persero) Tbk sebagai Wali Amanat, PT BCA                                (Persero) Tbk acts as Trustee Agent, PT BCA
   Sekuritas, PT Henan Putihrai Sekuritas, PT BNI                                  Sekuritas, PT Henan Putihrai Sekuritas, PT BNI
   Sekuritas, PT Sucor Sekuritas, PT Trimegah Sekuritas                            Sekuritas, PT Sucor Sekuritas, PT Trimegah
   Indonesia Tbk, PT Aldiracita Sekuritas Indonesia dan                            Sekuritas Indonesia Tbk, PT Aldiracita Sekuritas
   PT BRI Danareksa Sekuritas sebagai Penjamin Emisi                               Indonesia and PT BRI Danareksa Sekuritas act as
   dan Pelaksana Efek.                                                             Underwriters and Arrangers.



                                                                    100
Page 373
PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

   Perusahaan diwajibkan untuk memelihara rasio                   The Company is required to maintain the following
   keuangan seperti mempertahankan rasio lancar tidak             financial ratios such as maintaining the current ratio
   kurang dari 1x, rasio EBITDA terhadap kewajiban bagi           not less than 1x, the EBITDA to profit sharing plus
   hasil dan cicilan tidak kurang dari 1,15x, rasio utang         installments ratio not less than 1.15x, and the profit-
   bagi hasil terhadap ekuitas tidak melebihi 3x, yang            sharing debt to equity ratio not exceeding 3x,
   dihitung berdasarkan laporan keuangan konsolidasian            calculated based on the annually consolidated
   setiap tahunan.                                                financial statements.

   Perusahaan diwajibkan mematuhi pembatasan dan                  The Company is required to comply with restrictions
                                                                  i.
   kewajiban berdasarkan Perjanjian Perwaliamanatan,              and obligations under the Trust Deed Agreement,
   antara lain:                                                   including:

   i.     Larangan melakukan tindakan tertentu yang              ii.     A prohibition from undertaking certain actions
          dapat merugikan kepentingan pemegang sukuk                     that may adversely affect the interests of the
          ijarah tanpa persetujuan Wali Amanat dan/atau                  sukuk ijarah holders without obtaining approval
          Rapat Umum Pemegang Sukuk Ijarah (RUPSI)                       from the Trustee and/or a Sukuk Holders’
          sesuai ketentuan yang berlaku;                                 Meeting (RUPSI), in accordance with
                                                                         applicable regulations;

   ii.    Kewajiban penyampaian laporan keuangan,               iii.
                                                                  ii.    An obligation to submit financial statements,
          laporan kepatuhan, dan informasi material                      compliance reports, and material information to
          kepada Wali Amanat;                                            the Trustee;

   iii.   Pembatasan atas tindakan korporasi tertentu           iv.
                                                                  iii.   Restrictions on certain corporate actions that
          yang berpotensi mempengaruhi kemampuan                         may potentially affect the Company’s ability to
          Perusahaan   dalam     memenuhi  kewajiban                     meet its sukuk ijarah payment obligations.
          pembayaran sukuk ijarah;

   Pada tanggal 31 Desember 2025, Perusahaan telah                As of December 31, 2025, the Company is in
   memenuhi syarat dan kondisi yang ditetapkan seluruh            compliance with the terms and conditions of all the
   utang sukuk ijarah. Sampai dengan tanggal laporan              sukuk ijarah payable. Until the release date of the
   keuangan diterbitkan:                                          financial statement:

   i.     Perusahaan tidak berada dalam kondisi gagal             i.     The Company is not in a default condition with
          bayar (default) atas kewajiban sukuk ijarah;                   respect to its sukuk ijarah obligations;

   ii.    Perusahaan telah memenuhi semua kondisi yang           ii.
                                                                  ii.    The Company has fulfilled all conditions
          disyaratkan dalam Perjanjian Perwaliamanatan;                  required under the Trust Deed Agreement;

   iii.   Tidak terdapat restrukturisasi utang atas sukuk       iii.
                                                                  iii.   There is no debt restructuring related to the
          ijarah;                                                        sukuk ijarah;

   iv. Tidak terdapat kejadian kelalaian (event of              iv.
                                                                  iv. There is no event of default as defined in the
       default) sebagaimana didefinisikan dalam                       Trust Deed Agreement.
       Perjanjian Perwaliamanatan.

   Pada tanggal 31 Desember 2025, Perusahaan telah                As of December 31, 2025, the Company is in
   memenuhi syarat dan kondisi yang ditetapkan seluruh            compliance with the terms and conditions of all the
   utang sukuk ijarah.                                            sukuk ijarah payable.

   Sukuk ijarah ini tidak dijaminkan dengan agunan                Sukuk ijarah is not secured by specific collateral.
   khusus.

   Objek ijarah yang mendasari penerbitan sukuk ijarah            Ijarah objects that underlie the issuance of sukuk
   berasal dari manfaat atas jasa pertambangan yang               ijarah is derived from beneficiary of mining services
   diselenggarakan oleh Perusahaan.                               conducted by the Company.

   Beban imbal hasil atas utang sukuk ijarah pada tahun           The return incurred from sukuk ijarah payable for the
   yang berakhir 31 Desember 2025 sebesar                         year ended December 31, 2025 amounted to
   US$ 4.673 ribu (2024: 130 ribu) (Catatan 34).                  US$ 4,673 thousand (2024: 130 thousand)
                                                                  (Note 34).




                                                          101
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                          – Continued

   Rekonsiliasi arus kas aktivitas pendanaan yang timbul                          Reconciliation of cashflows from financing activities
   dari utang sukuk ijarah adalah:                                                arising from sukuk ijarah payable are as follows:

                          1 Januari/                                                                       31 Desember/
                         January 1,        Arus kas masuk/   Arus kas keluar/       Perubahan nonkas/      December 31,
                            2025             Cash inflow      Cash outflow          Noncash changes            2025
                          US$ '000            US$ '000          US$ '000                US$ '000             US$ '000

   Utang sukuk ijarah          30.726              29.794               (1.966)                  (1.121)            57.433    Sukuk ijarah payable

                          1 Januari/                                                                          31 Desember/
                         January 1,        Arus kas masuk/   Arus kas keluar/          Perubahan nonkas/      December 31,
                            2024             Cash inflow      Cash outflow             Noncash changes            2024
                          US$ '000            US$ '000          US$ '000                   US$ '000             US$ '000

   Utang sukuk ijarah                  -           30.790                    -                      (64)            30.726    Sukuk ijarah payable



28. LIABILITAS JANGKA PANJANG LAINNYA                                     28. OTHER LONG-TERM LIABILITIES

   Liabilitas jangka panjang lainnya merupakan provisi                            Other long-term liabilities consist of reclamation and
   biaya     reklamasi,   penutupan    tambang    dari                            mine-closure provision from PTCEP, the second
   PTCEP dan termin kedua pembayaran untuk akuisisi                               installment payment for the acquisition of HBS, as
   HBS, serta biaya-biaya lainnya.                                                well as other related costs.


29. EKUITAS                                                               29. EQUITY

   a.   Modal Saham dan Cadangan Umum                                             a.     Capital Stock and General Reserve

        Modal Saham                                                                      Capital Stock

        Pada tanggal 7 Januari 2025, Perusahaan                                          On January 7, 2025, the Company conducted
        melakukan pemecahan nilai nominal saham                                          stock split with ratio 1:10 (Note 1b). The
        dengan rasio 1:10 (Catatan 1b). Komposisi                                        composition of the Company’s shareholders as
        pemegang saham Perusahaan pada tanggal                                           of December 31, 2025 and 2024 based on the
        31 Desember 2025 dan 2024 berdasarkan daftar                                     list of shareholders provided by PT Datindo
        pemegang saham dari PT Datindo Entrycom, Biro                                    Entrycom, the Company's Bureau of Securities
        Administrasi Efek Perusahaan, adalah sebagai                                     Administration is as follows:
        berikut:

                                                         31 Desember/ December 31 , 2025
                                                   Jumlah          Persentase         Jumlah modal
                                                   saham/         kepemilikan/           disetor/
                                                 Number of       Percentage of        Total paid-up
             Nama Pemegang Saham                  shares           ownership             capital                      Name of Shareholders
                                                                       %                US$ '000

        PT Kreasi Jasa Persada                   4.571.811.700                   45,33               15.157      PT Kreasi Jasa Persada
        PT Caraka Reksa Optima                   2.465.170.070                   24,44                8.173      PT Caraka Reksa Optima
        Erwin Ciputra (Komisaris)                   10.654.000                    0,11                   37      Erwin Ciputra (Commissioner)
        Michael (Presiden Direktur)                  2.073.000                    0,02                    7      Michael (President Director)
        Kartika Hendrawan (Direktur)                 1.938.000                    0,02                    6      Kartika Hendrawan (Director)
        Meinar Kusumastuti (Direktur)                   14.800                    0,00                    0      Meinar Kusumastuti (Director)
        Masyarakat (masing-masing
          dibawah 5%)                            3.034.388.430                   30,08               10.058      Public (each below 5%)
        Jumlah saham ditempatkan                                                                                 Number of shares issued and
          dan disetor penuh                     10.086.050.000               100,00                  33.438        fully paid




                                                                  102
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

                                                31 Desember/ December 31 , 2024
                                          Jumlah         Persentase         Jumlah modal
                                          saham/         kepemilikan/          disetor/
                                        Number of       Percentage of       Total paid-up
          Nama Pemegang Saham            shares           ownership            capital            Name of Shareholders
                                                              %               US$ '000

      PT Kreasi Jasa Persada             418.762.400              41,52            13.883    PT Kreasi Jasa Persada
      PT Caraka Reksa Optima             304.650.357              30,21            10.100    PT Caraka Reksa Optima
      Erwin Ciputra (Komisaris)              685.400               0,07                23    Erwin Ciputra (Commissioner)
      Kartika Hendrawan (Direktur)           168.800               0,02                 6    Kartika Hendrawan (Director)
      Michael (Presiden Direktur)            140.000               0,01                 5    Michael (President Director)
      Masyarakat (masing-masing
        dibawah 5%)                      284.198.043              28,17              9.421   Public (each below 5%)
      Jumlah saham ditempatkan                                                               Number of shares issued and
        dan disetor penuh              1.008.605.000             100,00            33.438      fully paid

      Pada tanggal 7 November 2023, CARA,                                 On November 7, 2023, CARA, the shareholder
      pemegang saham Perusahaan, dan KJP, entitas                         of the Company, and KJP, direct subsidiary
      anak langsung yang dikendalikan dan dimiliki                        controlled and owned 99.98% by PT Petrindo
      sebesar 99,98% oleh PT Petrindo Jaya Kreasi                         Jaya Kreasi Tbk (CUAN) signed a CSPA. The
      Tbk (CUAN) menandatangani PPJB. Nilai saham                         number of shares owned by CARA which has
      milik CARA yang telah dibeli oleh KJP                               been purchased by KJP based on CSPA
      berdasarkan PPJB sebanyak 342.925.700 lembar                        amounted to 342,925,700 shares (representing
      saham (mewakili 34% dari keseluruhan modal                          34% from the total paid up and issued capital of
      disetor dan ditempatkan Grup). Transaksi ini telah                  the Group). This transaction has been
      diselesaikan pada tanggal 16 Februari 2024.                         completed on February 16, 2024.

      Tambahan Modal Disetor                                              Additional Paid-in Capital

      Perusahaan memiliki tambahan modal disetor dari                     The Company has additional paid-in capital
      selisih antara jumlah pembayaran dengan jumlah                      from the difference between the amount of
      tercatat aset bersih PTKPI, PTPRI dan PTPSB                         consideration paid and the carrying amount of
      dalam ekuitas dan disajikan dalam tambahan                          net assets of PTKPI, PTPRI and PTPSB in
      modal disetor.                                                      equity and disclosed in additional paid-in
                                                                          capital.

      Perusahaan memiliki tambahan modal disetor                          The Company has additional paid-in-capital
      dari selisih antara pengalihan saham hasil                          from the difference between transfer of shares
      buyback (saham treasuri) dengan jumlah yang                         resulting from a buyback (treasury shares) and
      tercatat.                                                           the carrying amount.

      Saham Treasuri                                                      Treasury Shares

      Pada tanggal 10 Juni 2020, melalui Surat                            On June 10, 2020, through a Letter of
      Keterbukaan Informasi kepada Pemegang                               Information Disclosure to Shareholders, the
      Saham, Perusahaan mengumumkan akan                                  Company announced that it would repurchase
      melakukan     pembelian kembali   saham                             the Company’s shares (buyback).
      Perusahaan (buyback).

      Dana pembelian kembali saham sebesar                                Planned       buyback     funds      amounted
      US$ 2.033 ribu (setara dengan Rp 30.000.000                         US$      2,033   thousand     (equivalent   to
      ribu) (tiga puluh miliar Rupiah), dengan asumsi                     Rp 30,000,000 thousand) (thirty billion
      nilai tukar Dolar Amerika Serikat ke Rupiah adalah                  Rupiah), assuming the exchange rate of the
      Rp 15.000 (lima belas ribu Rupiah), yang berasal                    United States Dollar to Rupiah is Rp 15,000
      dari kas internal Perseroan, tidak termasuk biaya                   (fifteen thousand Rupiah), are from the
      transaksi pembelian kembali saham, dan komisi                       Company’s internal cash, excluding transaction
      broker, serta biaya lain berkaitan dengan                           costs for share repurchases, and broker
      pembelian kembali saham.                                            commissions, as well as other costs related to
                                                                          share buybacks.




                                                           103
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

        Selama periode dari tanggal 15 Mei 2024 sampai                   During the period from May 15, 2024 to
        dengan 4 Juni 2024, Perusahaan melakukan                         June 4, 2024, the Company transferred
        pengalihan saham hasil buyback (saham treasuri)                  16,940,500 shares resulting from the buyback
        sebanyak 16.940.500 saham kepada masyarakat                      (treasury shares) to the public to support the
        untuk   mendukung      likuiditas  Perusahaan.                   Company’s liquidity. These gains from the
        Keuntungan dari jumlah pengalihan saham hasil                    transfer of shares resulting from a buyback are
        buyback disajikan dalam ekuitas sebagai                          presented in equity as additional paid-in capital.
        tambahan modal di setor.

        Jumlah   saham     treasuri  pada     tanggal                    The total amount of treasury shares as of
        31 Desember 2025 dan 2024 adalah Nihil.                          December 31, 2025 and 2024 is Nil.

        Dividen                                                          Dividends

        Berdasarkan RUPS tanggal 29 April 2024,                          Based on the GMS dated April 29, 2024, the
        pemegang saham menyetujui pembagian dividen                      Company’s        stockholders    approved     the
        tunai final untuk tahun buku 2023 sebesar                        distribution of final cash dividends for financial
        US$ 3.050 ribu atau US$ 0,00308 per lembar                       year 2023 amounted to US$ 3,050 thousand or
        saham. Dividen kas dibayar pada tanggal                          US$ 0.00308 per share. The cash dividends
        30 Mei 2024.                                                     were paid on May 30, 2024.

        Berdasarkan RUPS tanggal 21 April 2025,                          Based on the GMS dated April 21, 2025, the
        pemegang saham menyetujui pembagian dividen                      Company’s        stockholders    approved     the
        tunai final untuk tahun buku 2024 sebesar                        distribution of final cash dividends for financial
        US$ 10.000 ribu atau US$ 0,00099147 per                          year 2024 amounted to US$ 10,000 thousand
        lembar saham. Dividen kas dibayar pada tanggal                   or US$ 0.00099147 per share. The cash
        2 Mei 2025.                                                      dividends were paid on May 2, 2025.

        Pada tanggal 31 Desember 2025, utang dividen                     As of December 31, 2025, cash dividends
        kas sebesar US$ 953 ribu (31 Desember 2024:                      payable amounted to US$ 953 thousand
        US$ 879 ribu).                                                   (December 31, 2024: US$ 879 thousand).

        Cadangan Umum                                                    General Reserve

        Perusahaan membentuk cadangan umum                               The Company established a general reserve
        sejumlah Rp 10,26 miliar (setara dengan                          amounted to Rp 10.26 billion (equivalent to
        US$ 1.475 ribu).                                                 US$ 1,475 thousand).

   b.   Kepentingan Nonpengendali                                   b.   Non-controlling Interest

        Saldo kepentingan nonpengendali atas aset                        The balances of non-controlling interest in net
        bersih Perusahaan dan entitas anak pada tanggal                  assets of Perusahaan and subsidiaries as of
        31 Desember 2025 sebesar US$ 44.935 ribu                         December     31,    2024      amounted       to
        (31 Desember 2024: US$ 879 ribu).                                US$ 44,935 thousand (December 31, 2024:
                                                                         US$ 879 thousand).

        Perubahan kepentingan nonpengendali adalah                       The changes in non-controlling interest are as
        sebagai berikut:                                                 follows:

                                             31 Desember/       31 Desember/
                                             December 31,       December 31,
                                                  2025               2024
                                                 US$ '000           US$ '000

        Saldo awal tahun                                879                845    Balance at the beginning of the year
        Akusisi entitas anak                         38.058                  -    Acquisition of subsidiaries
        Pembagian dividen entitas anak                                            Dividends distributed by subsidiaries
          kepada kepentingan nonpengendali             (200)              (219)     to non-controlling interests
        Penghasilan komprehensif                                                  Comprehensive income for
          tahun berjalan                              6.198                253      the year

        Saldo akhir tahun                            44.935                879    Balance at the end of the year




                                                          104
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

      Grup yang memiliki kepentingan nonpengendali                          Summarized financial information in respect of
      yang material ditetapkan di bawah ini. Ringkasan                      the Group’s subsidiaries that has material
      informasi keuangan di bawah ini merupakan                             non-controlling interest is set out below. The
      jumlah sebelum eliminasi intra grup.                                  summarized financial information below
                                                                            represents     amounts      before   intragroup
                                                                            eliminations.
                                                     Bagian kepemilikan kepentingan
                                                     dan hak suara yang dimiliki oleh
                                                       kepentingan nonpengendali/
                    Nama                             Proportion of ownership interest
                entitas anak/      Tempat usaha/        and votiing rights held by                   Kepentingan non pengendali/
                  Name of          Principal place       non-controlling interests                     Non-controlling interest
                 Subsidiary         of business         2025                  2024                    2025                 2024
                  US$ '000            US$ '000            %                    %                     US$ '000            US$ '000

       PT Hafar Daya Konstruksi      Indonesia            49                     -                        23.810                -
       PT Hafar Daya Samudera        Indonesia            49                     -                        16.175                -
       Scan Bilt Pte Ltd             Singapura            40                     -                         3.791                -
       Others                                                                                              1.159                879
                                                                                                          44.935                879

      PTHDK                                                                 PTHDK

      Ringkasan laporan posisi keuangan PTHDK                               The summary of PTHDK statement of financial
      adalah sebagai berikut:                                               position is as follows:
                                                         31 Desember/
                                                         December 31,
                                                             2025
                                                           US$ '000

       Aset lancar                                              34.342         Current assets

       Aset tidak lancar                                         2.092         Non-current assets

       Liabilitas jangka pendek                                  8.815         Current liabilites

       Liabilitas jangka panjang                                 1.434         Non-current liabilites

       Pendapatan                                               31.811         Revenue

       Laba tahun berjalan                                       8.902         Profit for the year

      PTHDS                                                                 PTHDS

      Ringkasan laporan posisi keuangan PTHDS                               The summary of PTHDS statement of financial
      adalah sebagai berikut:                                               position is as follows:
                                                         31 Desember/
                                                         December 31,
                                                             2025
                                                           US$ '000

       Aset lancar                                               2.820         Current assets

       Aset tidak lancar                                        17.117         Non-current assets

       Liabilitas jangka pendek                                    853         Current liabilites

       Liabilitas jangka panjang                                        -      Non-current liabilites

       Pendapatan                                                5.650         Revenue

       Laba tahun berjalan                                       3.605         Profit for the year




                                                         105
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                  – Continued

       SBPL                                                                       SBPL

       Ringkasan laporan posisi keuangan SBPL adalah                              The summary of SBPL statement of financial
       sebagai berikut:                                                           position is as follows:

                                                                 31 Desember/
                                                                 December 31,
                                                                     2025
                                                                   US$ '000

       Aset lancar                                                     11.148         Current assets

       Aset tidak lancar                                                1.647         Non-current assets

       Liabilitas jangka pendek                                         7.462         Current liabilites

       Liabilitas jangka panjang                                        1.964         Non-current liabilites

       Pendapatan                                                       1.062         Revenue

       Rugi tahun berjalan                                              (1.033)       Loss for the year



30. PENDAPATAN                                                        30. REVENUES

   Pendapatan Grup berdasarkan waktu pengakuan                            The Group’s revenue by timing of revenue
   pendapatan adalah sebagai berikut:                                     recognition is as follows:

                                                      2025                2024
                                                     US$ '000            US$ '000

   Sepanjang waktu                                                                         Overtime
     Penambangan                                         389.252                290.151     Mining
     Konstruksi dan rekayasa                             379.747                299.170     Construction and engineering
     EPCI-Minyak Bumi dan Gas Lepas Pantai                32.865                      -     EPCI-Offshore Oil and Gas
     Jasa                                                 30.066                 34.628     Services
     Lain-lain                                             2.513                  2.688     Others

     Sub jumlah                                          834.443                626.637       Sub total

   Pada waktu tertentu                                                                     At point in time
     Penjualan batu bara                                  52.016                 64.174      Sale of coal

   Jumlah                                                886.459                690.811    Total

   Rincian atas pendapatan dari              pihak   berelasi            The details of the revenue from related parties are
   diungkapkan pada Catatan 40.                                          disclosed in Note 40.

   Rincian pelanggan dengan transaksi melebihi 10%                       Details of customers having transactions of more
   dari jumlah nilai pendapatan konsolidasian:                           than 10% of total consolidated revenues:

                                                      2025               2024
                                                     US$ '000           US$ '000

   Pihak ketiga                                                                            Third parties
     BP Berau Ltd                                       179.989               69.390         BP Berau Ltd
     PT Kideco Jaya Agung                               111.447              125.978         PT Kideco Jaya Agung
     PT Freeport Indonesia                               99.637              166.099         PT Freeport Indonesia

   Jumlah                                               391.073              361.467       Total




                                                                106
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   Jumlah     keseluruhan    harga    transaksi  yang             The aggregate amounts of the transaction price
   dialokasikan untuk kewajiban pelaksanaan yang tidak            allocated to performance obligations that are
   dipenuhi (atau tidak dipenuhi sebagian) pada akhir             unsatisfied (or partially unsatisfied) as at
   tanggal 31 Desember 2025 dan 2024 dijelaskan                   December 31, 2025 and 2024 are set out below:
   dibawah ini:

                                                2025              2024
                                               US$ '000          US$ '000

   Penambangan                                   3.960.849         2.245.847   Mining
   Konstruksi dan rekayasa                         317.003           630.662   Construction and engineering
   EPCI-Minyak Bumi dan Gas Lepas Pantai           149.765                 -   EPCI-Offshore Oil and Gas
   Jasa                                             11.335             9.804   Services

   Jumlah                                        4.438.952         2.886.313   Total

   Manajemen mengekspektasi bahwa US$ 1.135 juta                  Management expects that US$ 1,135 million will be
   akan diakui sebagai pendapatan untuk tahun 2026.               recognized as revenue for the year 2026.


31. BEBAN USAHA LANGSUNG                                       31. DIRECT COSTS

                                                2025               2024
                                               US$ '000           US$ '000

   Operasi alat berat dan peralatan               194.172            130.425   Operations of plant and equipment
   Subkontraktor                                  180.804            166.776   Subcontractors
   Gaji, upah dan biaya pegawai                   137.102            136.517   Salaries, wages and related costs
   Penyusutan (Catatan 13 dan 14)                  90.336             54.673   Depreciation (Notes 13 and 14)
   Material                                        78.441             53.168   Materials
   Sewa alat berat, kendaraan dan lain-lain        61.469             29.308   Rental of heavy equipment, vehicle and others
   Amortisasi (Catatan 17)                         13.042              9.958   Amortization (Note 17)
   Sistem informasi manajemen                       9.233             10.394   Management information systems
   Perjalanan dan transportasi                      7.659              5.391   Travels and transportations
   Beban usaha langsung lain                        1.976              3.912   Other direct costs

   Jumlah                                         774.234            600.522   Total

   Tidak terdapat rincian pemasok yang pembeliannya               There is no detail of vendors which purchases
   melebihi 10% dari jumlah pendapatan.                           represents more than 10% of the total revenue.


32. BEBAN PENJUALAN                                            32. SELLING EXPENSES

                                                2025              2024
                                               US$ '000          US$ '000

   Biaya tongkang                                   7.963             14.955   Barging cost
   Biaya kelebihan waktu berlabuh                   1.669              1.428   Demurrage
   Biaya bongkar muat                                 890              1.188   Stevedoring cost
   Penanganan batubara                                266              1.366   Coal handling
   Beban lain-lain (masing-masing                                              Other expenses (each less than
     kurang dari US$ 100 ribu)                           623             994     US$ 100 thousand)

   Jumlah                                          11.411             19.931   Total




                                                         107
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

33. BEBAN ADMINISTRASI                                           33. ADMINISTRATION EXPENSES

                                                 2025               2024
                                                US$ '000           US$ '000

   Gaji dan upah                                     23.198             21.169       Salaries and wages
   Jasa profesional dan hukum                         1.888                681       Legal and professional fees
   Amortisasi (Catatan 17)                            1.563              2.760       Amortization (Note 17)
   Sistem informasi manajemen                         1.395              1.405       Management information system
   Sewa gedung, kendaraan dan peralatan               1.329              1.385       Office, vehicle and equipment rental
   Perjalanan                                           901                549       Travel
   Asuransi                                             434                805       Insurance
   Tanggung jawab sosial perusahaan                     232                114       Corporate social responsibility
   Perlengkapan kantor                                  230                313       Office supplies
   Penyusutan (Catatan 13 dan 14)                       216                161       Depreciation (Notes 13 and 14)
   Beban lain-lain (masing-masing                                                    Other expenses (each less than
     kurang dari US$ 100 ribu)                        1.960              2.354         US$ 100 thousand)

   Jumlah                                            33.346             31.696       Total



34. BEBAN BUNGA DAN KEUANGAN                                     34. INTEREST EXPENSES AND FINANCE CHARGES

                                                 2025               2024
                                                US$ '000           US$ '000

   Beban bunga pada pinjaman jangka                                                  Interest expense on short-term bank
     pendek dan pinjaman jangka panjang                                                 loan and long-term loans from third
     dari pihak ketiga (Catatan 19 dan 25)          32.668             18.968           parties (Notes 19 and 25)
   Beban bunga pada utang obligasi                                                   Interest expense on bonds payable
     (Catatan 26)                                    9.531                267           (Note 26)
   Beban imbal hasil pada utang sukuk ijarah                                         Returns on sukuk ijarah payable
     (Catatan 27)                                    4.673                130           (Note 27)
   Beban bunga atas liabilitas sewa                                                  Interest expense on lease liabilities
     (Catatan 24)                                    2.244              2.257           (Note 24)
   Biaya pengakhiran pinjaman                            -              1.583        Loan termination fee
   Lain-lain                                         6.583              2.692        Others

   Jumlah                                           55.699             25.897        Total



35. KEUNTUNGAN DAN KERUGIAN LAIN-LAIN –                          35. OTHER GAINS AND LOSSES – NET
    BERSIH

                                                 2025               2024
                                                US$ '000           US$ '000

   Keuntungan dari pembelian dengan
     diskon (Catatan 39)                            26.311                      -    Gain on bargain purchase (Note 39)
   Keuntungan kurs mata uang asing
     - bersih                                       19.142              5.835        Gain on foreign exchange - net
   Keuntungan investasi pada aset keuangan
     lainnya                                        14.661                      -    Gain on other financial assets
   Cadangan kerugian penurunan nilai piutang
     tak tertagih setelah dikurangi pemulihan                                        Allowance for credit losses - net of recovery
     (Catatan 7)                                    (15.858)                  (62)      (Note 7)
   Kerugian pelepasan aset tetap                                                     Loss on disposal of property, plant and
     (Catatan 13)                                   (11.522)            (1.167)         equipment (Note 13)
   Pemulihan (penambahan) persediaan usang                                           Reversals (additions) for stock obsolescence
     (Catatan 8)                                      (102)              (395)          (Note 8)
   Lain-lain - bersih                                1.913               (407)       Others - net

   Jumlah                                           34.545              3.804        Total




                                                           108
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

36. PAJAK PENGHASILAN                                             36. INCOME TAX

                                                  2025              2024
                                                 US$ '000          US$ '000
   Pajak kini                                                                      Current tax
     Entitas anak                                      1.018             2.156       Subsidiaries
   Pajak tangguhan                                                                 Deferred tax
     Perusahaan                                        2.837            (5.231)      The Company
     Entitas anak                                       (250)              675       Subsidiaries
   Penyesuaian                                                                     Adjustment
     Perusahaan                                         603                274       The Company
     Entitas anak                                        64                 42       Subsidiaries
   Beban pajak penghasilan - bersih                    4.272            (2.084)    Income tax expenses - net

   Pajak kini                                                        Current tax

   Rekonsiliasi antara laba sebelum pajak menurut                    Reconciliation between profit before tax per
   laporan laba rugi dan penghasilan komprehensif lain               consolidated statements of profit or loss and other
   konsolidasian dengan rugi fiskal adalah sebagai                   comprehensive income and fiscal loss is as follows:
   berikut:
                                                  2025               2024
                                                 US$ '000           US$ '000
   Laba sebelum pajak menurut laporan                                              Profit before tax per consolidated
     laba rugi dan penghasilan komprehensif                                          statements of profit or loss and other
     lain konsolidasian                               39.278              7.868      comprehensive income
   Dikurangi:                                                                      Less:
     Laba sebelum pajak entitas anak                                                 Profit before tax of subsidiaries
        setelah dilakukan penyesuaian                                                   after adjustment in
        pada level konsolidasian                      13.701              5.483         consolidated level
   Laba sebelum pajak Perusahaan                      25.577              2.385    Profit before tax of the Company

   Penghasilan kena pajak final                      (42.787)           (52.148)   Income subject to final tax
   Perbedaan temporer:                                                             Temporary differences:
     Perbedaan amortisasi komersial                                                  Difference between commercial
        dan fiskal                                     2.832              1.956        and fiscal amortization
     Penyisihan kerugian penurunan nilai                                             Provision for impairment losses on
        piutang tak tertagih                          14.068                 44        trade accounts receivable
     Penyisihan imbalan pasca kerja - bersih           4.528              2.555      Provision for post-employment benefits - net
     Perbedaan penyusutan komersial                                                  Difference between commercial
        dan fiskal                                   (35.173)               409        and fiscal depreciation
     Liabilitas sewa                                    (149)             2.413      Lease liabilities
     Provisi dan pemulihan persediaan                                                Provision and recovery for stock
        usang                                            (77)               333        obsolescence
     Beban yang masih harus dibayar                   (6.039)             7.172      Accrued expenses

     Jumlah                                          (20.010)            14.882      Total
   Perbedaan yang tidak dapat                                                      Non-deductible expenses
     diperhitungkan menurut fiskal:                                                  (non-taxable income):
     Kesejahteraan karyawan                            7.469              7.442      Employee welfare
     Beban pajak final                                 8.854              9.716      Final tax expenses
     Pajak penghasilan pasal 21                        4.373              3.270      Income tax article 21
     Pendapatan yang tidak dikurangkan lainnya        (3.957)              (442)     Other non-deductible income

     Jumlah                                           16.739             19.986      Total
   Rugi fiskal                                       (20.481)           (14.895)   Fiscal loss

   Beban pajak kini 22%                                      -                 -   Current tax expense 22%
   Dikurangi pembayaran pajak dimuka                                               Less prepaid income taxes
   Periode berjalan:                                                               Current period:
     Pasal 22                                            253                434      Article 22
     Pasal 23                                          6.500              4.482      Article 23

   Jumlah                                              6.753              4.916    Total
   Lebih bayar pajak penghasilan badan                                             Over payment of corporate income tax
     (Catatan 10a)                                     6.753              4.916     (Note 10a)




                                                            109
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                          – Continued

   Rugi fiskal pajak tahun 2025 menjadi dasar dalam                                             The fiscal loss for 2025 become the basis for filing
   pengisian Surat Pemberitahuan Tahunan (SPT) Pajak                                            the Annual Corporate Income Tax Returns (SPT).
   Penghasilan Badan.

   Pajak final merupakan pajak final atas jasa konstruksi                                       The final tax represents the final tax for the
   yang diberikan oleh Perusahaan. Sesuai dengan                                                construction services rendered by the Company. In
   Peraturan Menteri Keuangan Republik Indonesia                                                accordance with the Regulation of the Minister of
   No. 153/PMK.03/2009 tanggal 29 September 2009,                                               Finance       of the    Republic    of    Indonesia
   yang telah diperbaharui menjadi PP No. 9 tahun 2022,                                         No. 153/PMK.03/2009 dated September 29, 2009,
   penghasilan dari usaha jasa konstruksi dikenakan                                             which has been updated by PP No. 9 of 2022, the
   pajak penghasilan yang bersifat final.                                                       revenue arising from construction service is subject
                                                                                                to final tax.

   Pajak Tangguhan                                                                              Deferred Tax

   Rincian dari asset dan liabilitas pajak tangguhan Grup                                       The details of the Group’s deferred tax assets and
   adalah sebagai berikut:                                                                      liabilities are as follows:

                                                                Dikreditkan                                 Penambahan
                                                            (dibebankan) ke        Dibebankan               sehubungan
                                                           laporan laba rugi      ke penghasilan          dengan akuisisi
                                                            periode berjalan/    komprehensif lain/         entitas anak/
                                          1 Januari/      Credited (charged)     Charged to other         Addition related   31 Desember/
                                          January 1,         to profit or loss    comprehensive            to acquisition    December 31,
                                             2025             for the period          income                of subsidiary        2025
                                           US$ '000              US$ '000            US$ '000                 US$ '000         US$ '000

   Perusahaan                                                                                                                                The Company
   Liabilitas pajak tangguhan - bersih                                                                                                       Deferred tax liabilities - net
      Liabilitas imbalan pasca kerja             6.175                   996                    321                     -           7.492       Employee benefits obligation
      Liabilitas sewa                            2.943                  (503)                     -                     -           2.440       Lease liabilities
      Beban masih harus dibayar                  2.778                (1.328)                     -                     -           1.450       Accrued expenses
      Piutang usaha                                 13                 3.095                      -                     -           3.108       Trade accounts receivable
      Persediaan                                   142                   (17)                     -                     -             125       Inventories
      Aset tak-berwujud *)                     (20.191)                2.189                      -                (1.624)        (19.626)      Intangible assets *)
      Aset tetap                               (13.046)               (7.739)                     -                (3.212)        (23.997)      Property, plant and equipment
      Aset hak guna                             (2.720)                  470                      -                     -          (2.250)      Right-of-use asset
      Jumlah                                   (23.906)               (2.837)                   321                (4.836)        (31.258)      Total

   Entitas anak                                                                                                                              Subsidiaries
   Aset pajak tangguhan                           201                   (174)                         -            2.408            2.435    Deferred tax assets

   Liabilitas pajak tangguhan                      (81)                  424                    256              (11.687)         (11.088)   Deferred tax liabilities

   Jumlah aset pajak tangguhan                    201                   (174)                         -            2.408            2.435    Total deferred tax assets

   Jumlah liabilitas pajak tangguhan           (23.987)               (2.413)                   577              (16.523)         (42.346)   Total deferred tax liabilities

   *) Termasuk pajak tangguhan dari amortisasi aset tak berwujud atas beban eksplorasi ditangguhkan, kontrak dengan pelanggan dan hubungan dengan pelanggan (Catatan 39)./
      Included deferred tax from amortization of intangible assets for deferred exploration cost, customer contracts, and customer relationships (Note 39).




                                                                                 110
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                           – Continued

                                                                                   Dikreditkan
                                                                               (dibebankan) ke          Dibebankan
                                                                              laporan laba rugi        ke penghasilan
                                                                               periode berjalan/      komprehensif lain/
                                                            1 Januari/       Credited (charged)       Charged to other         31 Desember/
                                                            January 1,          to profit or loss      comprehensive           December 31,
                                                               2024              for the period            income                  2024
                                                             US$ '000               US$ '000              US$ '000               US$ '000

   Perusahaan                                                                                                                                  The Company
   Liabilitas pajak tangguhan - bersih                                                                                                         Deferred tax liabilities - net
      Liabilitas imbalan pasca kerja                                6.124                   562                      (511)            6.175       Employee benefits obligation
      Liabilitas sewa                                               2.412                   531                         -             2.943       Lease liabilities
      Beban masih harus dibayar                                     1.200                 1.578                         -             2.778       Accrued expenses
      Persediaan                                                       69                    73                         -               142       Inventories
      Piutang usaha                                                     3                    10                         -                13       Trade accounts receivable
      Aset tak-berwujud *)                                        (22.578)                2.387                         -           (20.191)      Intangible assets *)
      Aset tetap                                                  (13.721)                  675                         -           (13.046)      Property, plant and equipment
      Aset hak guna                                                (2.135)                 (585)                        -            (2.720)      Right-of-use asset
      Jumlah                                                      (28.626)                5.231                      (511)          (23.906)      Total

   Entitas anak                                                                                                                                Subsidiaries
   Aset pajak tangguhan                                               805                  (594)                      (10)              201    Deferred tax assets

   Liabilitas pajak tangguhan                                            -                   (81)                          -            (81)   Deferred tax liabilities

   Jumlah aset pajak tangguhan                                        805                  (594)                      (10)              201    Total deferred tax assets

   Jumlah liabilitas pajak tangguhan                              (28.626)                5.150                      (511)          (23.987)   Total deferred tax liabilities

   *) Termasuk pajak tangguhan dari amortisasi aset tak berwujud atas beban eksplorasi ditangguhkan (Catatan 39)./
      Included deferred tax from amortization of intangible assets for deferred exploration cost (Note 39).


   Grup telah menerapkan pengecualian sementara dari                                                The Group has applied the temporary exception from
   akuntansi untuk pajak tangguhan yang timbul dari                                                 accounting for deferred taxes arising from Pillar Two
   peraturan perpajakan Pilar Dua, sebagaimana diatur                                               model rules, as provided in the PSAK 212.
   dalam PSAK 212. Oleh karena itu, Grup tidak                                                      Accordingly, the Group neither recognizes nor
   mengakui atau mengungkapkan informasi tentang                                                    discloses information about deferred tax assets and
   aset dan kewajiban pajak tangguhan yang terkait                                                  liabilities related to Pillar Two income taxes.
   dengan pajak penghasilan Pilar Dua.

   Pada Desember 2024, pemerintah Indonesia, tempat                                                 In December 2024, the government of Indonesia,
   Perusahaan didirikan, mengesahkan peraturan pajak                                                where the Company is incorporated, enacted the
   penghasilan Pilar Dua yang berlaku mulai                                                         Pillar Two income taxes legislation effective from
   1 Januari 2025 dengan mengeluarkan Peraturan                                                     January 1, 2025 by issuing Ministry of Finance
   Menteri Keuangan No. 136 Tahun 2024 (“PMK-136”).                                                 (“MOF”) Regulation No. 136 Year 2024 (“PMK-136”).

   Grup tidak berekspektasi terdapat eksposur material                                              Group does not expect material exposure to Pillar
   terhadap pajak penghasilan Pilar Dua atas laporan                                                Two income taxes to these consolidated financial
   keuangan konsolidasian ini.                                                                      statements.

   Grup secara berkelanjutan menilai dampakperaturan                                                Group continuously assesses the impact of the Pillar
   pajak penghasilan Pilar Dua terhadap kinerja                                                     Two income taxes legislation on its future
   keuangan konsolidasianya di masa depan.                                                          consolidated financial performance.




                                                                                  111
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                 – Continued

   Rekonsiliasi antara beban pajak bersih dan hasil                        A reconciliation between the net tax expense and the
   perkalian laba akuntansi sebelum pajak dengan tarif                     amounts computed by applying the effective tax
   pajak yang berlaku adalah sebagai berikut:                              rates to profit before tax is as follows:

                                                         2025               2024
                                                        US$ '000           US$ '000
   Laba sebelum pajak menurut laporan                                                        Profit before tax per consolidated statements
     laba rugi konsolidasian                                 39.278              7.868         of profit or loss
   Dikurangi:                                                                                Less:
     Laba sebelum pajak entitas anak                                                           Profit before tax of subsidiaries
        setelah dilakukan penyesuaian                                                             after adjustment in
        pada level konsolidasian                             13.701              5.483            consolidated level

   Laba sebelum pajak Perusahaan                             25.577              2.385       Profit before tax of the Company

   Pajak penghasilan dengan tarif pajak efektif 22%            5.627               525       Income tax at effective tax rate 22%

   Pengaruh pajak atas manfaat (beban) yang                                                  Tax effect of non-taxable income
     tidak dapat diperhitungkan menurut fiskal:                                                (non-deductible expenses):
     Penghasilan kena pajak final - bersih                    (9.413)           (11.473)       Income subject to final tax - net
     Perbedaan yang tidak dapat diperhitungkan                                                 Non-deductible expenses
        menurut fiskal                                        7.455              8.590           (non-taxable income)
     Penyesuaian yang diakui di tahun                                                          Adjustment recognized in the current year
        berjalan atas pajak penghasilan                                                          relating to the prior year's income tax
        tahun sebelumnya                                        603                274           expense

   Beban pajak penghasilan                                    4.272              (2.084)     Income tax expense



37. LABA PER SAHAM                                                      37. EARNINGS PER SHARE

   Perhitungan laba per saham adalah berdasarkan data                      The computation of basic earnings per share are
   sebagai berikut:                                                        based on the following data:

                                                         2025               2024
                                                        US$ '000           US$ '000

   Laba                                                                                        Earnings
   Laba untuk perhitungan laba per saham                                                       Profit for computation of basic earnings
     dasar                                                   28.808              9.699           per share

   Jumlah saham                                                                                Number of shares
   Jumlah rata-rata tertimbang saham                                                           Weighted average number of outstanding
     biasa beredar (dalam nilai penuh)                10.086.050.000     10.025.563.083 *)       ordinary shares (in full amount)

   Laba per saham dasar/dilusian                                                               Basic/diluted earnings per share
     (dalam US$ penuh)                                       0,0029             0,0010           (in full US$)

   *) Dihitung berdasarkan jumlah setelah pemecahan                        *) Calculated based on number of shares after stock
      saham yang berlaku efektif pada 7 Januari 2025.                         split that is effective as of January 7, 2025.

   Perusahaan tidak memiliki efek berpotensi saham                         The Company has no potential dilutive ordinary
   biasa dilusian untuk tahun-tahun yang berakhir                          shares for the years ended December 31, 2025
   31 Desember 2025 dan 2024.                                              and 2024.




                                                               112
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PT PETROSEA Tbk DAN ENTITAS ANAK                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                           – Continued

38. LIABILITAS IMBALAN KERJA                                       38. EMPLOYEE BENEFITS OBLIGATION

                                                  31 Desember/       31 Desember/
                                                  Desember 31,       Desember 31,
                                                      2025               2024
                                                    US$ '000           US$ '000

   Imbalan pasca kerja                                   27.782             23.223    Post-employment benefits
   Cuti berimbalan jangka panjang                         6.749              5.602    Long service leave
   Liabilitas bersih                                     34.531             28.825    Net liability
   Bagian lancar cuti berimbalan jangka panjang                                       Current-maturities of long service leave
      (Catatan 22)                                         (781)              (547)     (Note 22)

   Bagian jangka panjang                                 33.750             28.278    Long-term portion

   Bagian lancar cuti berimbalan jangka panjang dicatat               Current maturities of long service leave recorded as
   sebagai bagian dari perusahaan dari beban yang                     part of the Company’s accrued expenses.
   masih harus dibayar.

   Imbalan Pasca Kerja sesuai dengan Undang-Undang                    Post-Employment       Benefits      under    Labor     Law
   Ketenagakerjaan

   Grup menghitung dan membukukan kewajiban                           The Group provides post-employment benefits
   imbalan pasca kerja kepada karyawan yang berhak                    obligation for its qualifying employees at least
   sekurang-kurangnya sama dengan imbalan pasca                       equivalent with the post-employment benefits as
   kerja yang diatur dalam Undang-Undang yang                         stipulated in applicable Law, that provides benefits
   berlaku, yang memberikan imbalan pasca kerja                       based on years of service and salaries of the
   berdasarkan penghasilan dasar pensiun dan masa                     employees. The numbers of employees entitled to
   kerja karyawan. Jumlah karyawan yang berhak atas                   the benefits on December 31, 2025 are
   imbalan pasca kerja tersebut pada tanggal                          4,688 employees (2024: 3,847 employees).
   31 Desember 2025 adalah 4.688 karyawan
   (2024: 3.847 karyawan).

   Program imbalan pasti mengakibatkan eksposur Grup                  The defined benefit plans typically expose the Group
   terhadap risiko asumsi aktuarial yang signifikan                   to significant actuarial assumption risks such as:
   seperti: risiko tingkat bunga dan risiko gaji.                     interest rate risk and salary risk.

   Risiko Tingkat Bunga                                               Interest Risk

   Penurunan suku bunga obligasi akan meningkatkan                    A decrease in the bonds interest rate will increase
   liabilitas program.                                                the plan liability.

   Risiko Gaji                                                        Salary Risk

   Nilai kini kewajiban imbalan pasti dihitung dengan                 The present value of the defined benefit plan liability
   mengacu pada gaji masa depan peserta program.                      is calculated by reference to the future salaries of
   Dengan demikian, kenaikan gaji peserta program akan                plan participants. As such, an increase in the salary
   meningkatkan liabilitas program itu.                               of the plan participants will increase the plan’s
                                                                      liability.




                                                           113
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                   FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                               ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                  – Continued

   Beban imbalan pasca kerja yang diakui dalam laba                         Amounts recognized in the consolidated statements
   rugi dan penghasilan komprehensif lain konsolidasian                     of profit or loss and other comprehensive income
   adalah:                                                                  with respect to these post-employment benefits are
                                                                            as follows:
                                                        2025               2024
                                                       US$ '000           US$ '000
   Biaya jasa:                                                                               Service cost:
     Biaya jasa kini                                         3.968               4.328         Current service cost
     Biaya bunga                                             1.538               1.482         Interest costs
     Biaya jasa lalu atas perubahan                                                            Past service cost due to plan
        imbalan                                                    -               (19)           amendment
   Biaya jasa lalu, termasuk keuntungan                                                      Past service cost, including gain and
     dari kurtailmen                                           (106)               (57)        on curtailments
     Biaya jasa lalu                                             19                  6         Past service costs
     Komponen beban imbalan pasca                                                              Component of post-employment
        kerja yang diakui dalam                                                                   benefit costs recognized in other
        penghasilan komprehensif lain                        1.456              (2.356)           comprehensive income
   Jumlah                                                    6.875               3.384       Total

   Mutasi nilai kini kewajiban imbalan pasca kerja adalah                   Movement in the present value of the post-
   sebagai berikut:                                                         employment benefit obligation were as follows:
                                                         2025                 2024
                                                        US$ '000             US$ '000

   Kewajiban imbalan pasca kerja - awal                       23.223                 22.959      Opening post-employment benefits obligation
   Biaya jasa kini                                             3.968                  4.328      Current service costs
   Biaya jasa lalu atas perubahan imbalan                          -                    (19)     Past service cost due to plan amendment
   Biaya jasa lalu, termasuk keuntungan                                                          Past service cost, including gain and
     dari kurtailmen                                            (106)                   (57)        on curtailments
   Biaya jasa lalu                                                19                      6      Past service costs
   Biaya bunga                                                 1.538                  1.482      Interest costs
   Pembayaran manfaat                                         (1.555)                (2.037)     Benefits paid
   Penyesuaian transfer karyawan                                  12                      -      Adjustment due to transfer to employee
   Selisih kurs atas program dalam valuta asing                 (773)                (1.083)     Exchange differences on foreign plans
   Pengukuran kembali keuntungan:                                                                Remeasurement gain:
     (Keuntungan) aktuarial yang timbul                                                             Actuarial (gains) arising from
        dari penyesuaian atas pengalaman                          (203)              (1.602)          experience adjustments
     Kerugian (keuntungan) aktuarial yang timbul                                                    Actuarial losses (gains) arising from
        dari perubahan asumsi keuangan                         1.659                     (754)        changes in financial assumptions

   Kewajiban imbalan pasca kerja - akhir                      27.782                 23.223      Closing post-employment benefits obligation

   Biaya sehubungan dengan imbalan pasca kerja                              The cost of providing post-employment benefits is
   dihitung oleh KKA Steven & Mourits, Aktuaris                             calculated by KKA Steven & Mourits, an
   Independen. Asumsi utama yang digunakan dalam                            Independent Actuary. The actuarial valuation was
   menentukan penilaian aktuarial adalah sebagai                            carried out using the following key assumptions:
   berikut:

                                                   31 Desember 2025/ December 31, 2025

   Tingkat diskonto                                 6,45% - 7,15% per tahun/ per annum                 Discount rate
   Tingkat kenaikan gaji                                8,00% per tahun/ per annum                     Future salary increment rate
   Tingkat pengunduran diri                                        7,00%                               Resignation rate
   Tingkat cacat dari tabel mortalitas                             5,00%                               Disability rate from mortality table
   Usia pensiun normal                                               55                                Normal retirement age
   Tingkat mortalitas                                              TMI IV                              Mortality rate

                                                   31 Desember 2024/ December 31, 2024

   Tingkat diskonto                                 7,10% - 7,15% per tahun/ per annum                  Discount rate
   Tingkat kenaikan gaji                                8,00% per tahun/ per annum                      Future salary increment rate
   Tingkat pengunduran diri                                        7,00%                                Resignation rate
   Tingkat cacat dari tabel mortalitas                             5,00%                                Disability rate from mortality table
   Usia pensiun normal                                               55                                 Normal retirement age
   Tingkat mortalitas                                              TMI IV                               Mortality rate




                                                                  114
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PT PETROSEA Tbk DAN ENTITAS ANAK                                         PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                          FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                      ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                         – Continued

   Asumsi aktuarial yang signifikan untuk penentuan                 Significant    actuarial   assumptions       for  the
   imbalan pasca kerja adalah tingkat diskonto dan                  determination of the post-employment benefits are
   tingkat kenaikan gaji. Analisis sensitivitas dibawah ini         discount rate and salary increment rate. The
   ditentukan berdasarkan perubahan asumsi yang                     sensitivity analysis below have been determined
   mungkin terjadi pada akhir periode pelaporan, dengan             based on reasonably possible changes of the
   semua asumsi lain konstan.                                       respective assumptions occurring at the end of the
                                                                    reporting period, while holding all other assumptions
                                                                    constant.

   •   Jika tingkat diskonto lebih tinggi (lebih rendah)            •   If the discount rate is 1% higher (lower), on
       1%, pada tanggal 31 Desember 2025, kewajiban                     December 31, 2025, the defined benefits
       imbalan pasti akan berkurang sebesar                             obligation      would      decrease        by
       US$      1.978    ribu    (meningkat      sebesar                US$      1,978    thousand    (increase    by
       US$ 2.188 ribu) (2024: berkurang sebesar                         US$ 2,188 thousand) (2024: decrease by
       US$      1.624    ribu    (meningkat      sebesar                US$      1,624    thousand    (increase    by
       US$ 1.828 ribu)).                                                US$ 1,828 thousand)).

   •   Jika tingkat upah lebih tinggi (lebih rendah) 1%,            •   If the salary rate is 1% higher (lower), on
       pada tanggal 31 Desember 2025, kewajiban                         December 31, 2025, the defined benefits
       imbalan pasti akan meningkat sebesar                             obligation      would     increase       by
       US$      2.271    ribu     (berkurang     sebesar                US$      2,271   thousand   (decrease    by
       US$      2.088     ribu)     (2024:     meningkat                US$ 2,088 thousand) (2024: increase by
       sebesar US$ 1.915 ribu (berkurang sebesar                        US$      1,915   thousand   (decrease    by
       US$ 1.731 ribu)).                                                US$ 1,731 thousand)).

   Analisis sensitivitas yang disajikan di atas mungkin             The sensitivity analysis presented above may not be
   tidak mewakili perubahan yang sebenarnya dalam                   representative of the actual change in the defined
   kewajiban imbalan pasti mengingat bahwa perubahan                benefits obligation as it is unlikely that the change in
   asumsi terjadinya tidak terisolasi satu sama lain                assumptions would occur in isolation of one another
   karena beberapa asumsi tersebut mungkin                          as some of the assumptions may be correlated.
   berkorelasi.

   Selanjutnya, dalam menyajikan analisis sensitivitas di           Furthermore, in presenting the above sensitivity
   atas, nilai kini kewajiban imbalan pasti dihitung                analysis, the present value of the defined benefits
   dengan menggunakan metode projected unit credit                  obligation has been calculated using the projected
   pada akhir periode pelaporan, yang sama dengan                   unit credit method at the end of the reporting period,
   yang diterapkan dalam menghitung liabilitas manfaat              which is the same as that applied in calculating the
   pasti yang diakui dalam laporan posisi keuangan                  defined benefits obligation recognized in the
   konsolidasian.                                                   consolidated statement of financial position.

   Tidak ada perubahan dalam metode dan asumsi yang                 There was no change in the methods and
   digunakan dalam penyusunan analisis sensitivitas                 assumptions used in preparing the sensitivity
   dari tahun sebelumnya.                                           analysis from prior years.

   Durasi rata-rata dari kewajiban imbalan pada tanggal             The average duration of the benefit obligations at
   31 Desember 2025 dan 2024 adalah 12-16 tahun.                    December 31, 2025 and 2024 is 12-16 years.

   Cuti Berimbalan Jangka Panjang                                   Long Service Leave

   Perusahaan juga memberikan cuti berimbalan jangka                The Company also provides long service leave
   panjang untuk karyawan. Jumlah karyawan yang                     benefits for its qualifying employees. The numbers
   berhak atas imbalan pasca kerja tersebut pada                    of employees entitled to the benefits on
   tanggal 31 Desember 2025 adalah 4.688 karyawan                   December 31, 2025 are 4,688 employees
   (2024: 3.847 karyawan).                                          (2024: 3,847 employees).




                                                              115
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                 PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                  FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                              ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                 – Continued

   Beban cuti berimbalan jangka panjang yang diakui                        Amounts recognized in the profit or loss with respect
   dalam laba rugi adalah sebagai berikut:                                 to these long service leave benefits are as follows:

                                                       2025                2024
                                                      US$ '000            US$ '000

   Biaya jasa kini                                           1.141              1.062    Current service costs
   Biaya bunga                                                 361                347    Interest costs
   Biaya jasa lalu                                             (42)               142    Past service costs
   Kerugian (keuntungan) actuarial bersih                      551               (623)   Net actuarial losses (gains)

   Jumlah                                                    2.011                928    Total

   Mutasi atas nilai kini kewajiban cuti berimbalan jangka                  Movement in the present value of long service leave
   panjang adalah sebagai berikut:                                          benefits obligation are as follow:

                                                    31 Desember/       31 Desember/
                                                    December 31,       December 31,
                                                        2025               2024
                                                      US$ '000           US$ '000
   Saldo awal nilai kini kewajiban cuti                                                  Beginning balance of present value
     berimbalan jangka panjang                               5.602              5.644      of long-service leave benefits
   Biaya jasa kini                                           1.141              1.062    Current service costs
   Biaya bunga                                                 361                347    Interest costs
   Biaya jasa lalu                                             (42)               142    Past service costs
   Pembayaran manfaat                                         (568)              (706)   Benefits paid
   Kerugian (keuntungan) aktuarial bersih                      551               (623)   Net actuarial losses (gains)
   Selisih kurs atas program dalam valuta asing               (296)              (264)   Exchange differences on foreign plans
   Saldo akhir nilai kini kewajiban cuti                                                 Ending balance of present value
     berimbalan jangka panjang                               6.749              5.602      of long-service leave benefits

   Biaya sehubungan dengan cuti berimbalan jangka                          The cost of providing long service leave benefits is
   panjang dihitung oleh KKA Steven & Mourits, Aktuaris                    calculated KKA Steven & Mourits, an Independent
   Independen. Asumsi utama yang digunakan dalam                           Actuary. The actuarial valuation was carried out
   menentukan penilaian aktuarial adalah sebagai                           using the following key assumptions:
   berikut:

                                                  31 Desember 2025/ December 31 , 2025

   Tingkat diskonto                                 6,45% - 7,15% per tahun/ per annum                 Discount rate
   Tingkat kenaikan gaji                                8,00% per tahun/ per annum                     Future salary increment rate
   Tingkat pengunduran diri                   7,00% per tahun sampai dengan usia 40 tahun dan          Resignation rate
                                                 menurun linier hingga 0% pada usia 55 tahun/
                                                    7.00% per annum up to age 40 and
                                                    decreasing linearly to 0% at age 55
   Tingkat cacat dari tabel mortalitas                  5,00% dari tingkat mortalitas/                 Disability rate from mortality table
                                                          5.00% from mortality rate
   Usia pensiun normal                                                55                               Normal retirement age
   Tingkat mortalitas                                                TMI IV                            Mortality rate

                                                  31 Desember 2024/ December 31 , 2024

   Tingkat diskonto                                7,10% - 7,15% per tahun/ per annum                 Discount rate
   Tingkat kenaikan gaji                               8,00% per tahun/ per annum                     Future salary increment rate
   Tingkat pengunduran diri                  7,00% per tahun sampai dengan usia 40 tahun dan          Resignation rate
                                                menurun linier hingga 0% pada usia 55 tahun/
                                                   7.00% per annum up to age 40 and
                                                   decreasing linearly to 0% at age 55
   Tingkat cacat dari tabel mortalitas                 5,00% dari tingkat mortalitas/                 Disability rate from mortality table
                                                         5.00% from mortality rate
   Usia pensiun normal                                               55                               Normal retirement age
   Tingkat mortalitas                                               TMI IV                            Mortality rate




                                                                 116
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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

   Asumsi aktuarial yang signifikan untuk penentuan cuti               Significant   actuarial   assumptions      for   the
   berimbalan jangka panjang adalah tingkat diskonto.                  determination of the long service leave are discount
   Analisis sensitivitas di bawah ini ditentukan                       rate. The sensitivity analysis below have been
   berdasarkan perubahan asumsi yang mungkin terjadi                   determined based on reasonably possible changes
   pada akhir periode pelaporan, dengan semua asumsi                   of the respective assumptions occurring at the end
   lain konstan.                                                       of the reporting period, while holding all other
                                                                       assumptions constant.

   •    Jika tingkat diskonto lebih tinggi (lebih rendah)              •    If the discount rate is 1% higher (lower), on
        1%, pada tanggal 31 Desember 2025, kewajiban                        December           31,       2025,        the
        cuti berimbalan jangka panjang akan berkurang                       long    service    leave  obligation    would
        sebesar US$ 366 ribu (meningkat sebesar                             decrease by US$ 366 thousand (increase by
        US$ 408 ribu)     (2024:   berkurang      sebesar                   US$ 408 thousand) (2024: decrease by
        US$ 305 ribu (meningkat sebesar US$ 339 ribu)).                     US$      305     thousand     (increase    by
                                                                            US$ 339 thousand)).

   •    Jika tingkat upah lebih tinggi (lebih rendah) 1%,              •    If the salary rate is 1% higher (lower), on
        kewajiban cuti berimbalan jangka panjang akan                       December           31,      2025,        the
        meningkat sebesar US$ 446 ribu (berkurang                           long    service    leave  obligation  would
        sebesar US$ 408 ribu) (2024: meningkat sebesar                      increase by US$ 446 thousand (decrease by
        US$ 360 ribu (berkurang sebesar US$ 330 ribu)).                     US$ 408 thousand) (2024: increase by
                                                                            US$      360     thousand   (decrease     by
                                                                            US$ 330 thousand)).

   Analisis sensitivitas yang disajikan di atas mungkin                The sensitivity analysis presented above may not be
   tidak mewakili perubahan yang sebenarnya dalam cuti                 representative of the actual change in the long
   berimbalan jangka perusahaan mengingat bahwa                        service leave obligation as it is unlikely that the
   perubahan asumsi terjadinya tidak terisolasi satu                   change in assumptions would occur in isolation of
   sama lain karena beberapa asumsi tersebut mungkin                   one another as some of the assumptions may be
   berkorelasi.                                                        correlated.

   Selanjutnya, dalam menyajikan analisis sensitivitas di              Furthermore, in presenting the above sensitivity
   atas, nilai kini cuti berimbalan jangka panjang dihitung            analysis, the present value of the long service leave
   dengan menggunakan metode projected unit credit                     obligation has been calculated using the projected
   pada akhir periode pelaporan, yang sama dengan                      unit credit method at the end of the reporting period,
   yang diterapkan dalam menghitung cuti berimbalan                    which is the same as that applied in calculating the
   jangka perusahaan yang diakui dalam laporan posisi                  long service leave obligation recognized in the
   keuangan konsolidasian.                                             consolidated statement of financial position.


39. AKUISISI ENTITAS ANAK                                           39. ACQUISITION OF SUBSIDIARIES

   a.   Grup Hafar                                                     a.   Hafar Group

        Sebagaimana dijelaskan dalam Catatan 1c, pada                       As described in Note 1c, on August 15, 2025,
        tanggal 15 Agustus 2025, PTPEPC, entitas anak,                      PTPEPC, a subsidiary, acquired a 51%
        mengakuisisi 51% kepemilikan atas PTHDK dan                         ownership interest in PTHDK and PTHDS
        PTHDS (bersama-sama disebut “Grup Hafar”).                          (collectively herein referred as “Hafar Group”).

        Alasan dilakukannya akuisisi adalah untuk                           The rationale for undertaking the acquisition
        memperkuat bisnis Grup dan memberikan                               was to strengthen the Group’s business and to
        peluang untuk pertumbuhan.                                          provide opportunities for growth.




                                                              117
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PT PETROSEA Tbk DAN ENTITAS ANAK                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                               – Continued

      Sesuai dengan ketentuan PSAK 103 Kombinasi                               In accordance with PSAK 103 Business
      Bisnis, Grup melakukan proses alokasi harga                              Combinations, the Group performed a
      pembelian atas akuisisi terhadap aset dan                                purchase price allocation process for the
      liabilitas teridentifikasi dari Grup Hafar. Proses ini                   acquisition of Hafar Group. This process
      mengharuskan Grup untuk menentukan nilai                                 required the Group to determine the fair value
      wajar atas aset teridentifikasi yang diperoleh dan                       of the identifiable assets acquired and liabilities
      liabilitas yang diambil alih dari Warna Tiono dan                        assumed from Warna Tiono and Emier
      Emier Koesomawiria pada tanggal akuisisi, yang                           Koesomawiria as of the acquisition date, which
      disajikan sebagai berikut:                                               is presented as follows:

                                                                31 Agustus/
                                                                August 31,
                                                                   2025
                                                                 US$ '000

       Jumlah aset *)                                                 82.156     Total assets *)
       Jumlah liabilitas                                               3.106     Total liabilities

       Nilai wajar aset bersih yang diperoleh                         79.050     Fair value of net assets acquired

       Nilai aset bersih yang diperoleh - setelah
         dikurangi liabilitas pajak tangguhan sebesar                            Net assets value acquired - net of deferred tax
         US$ 9.954 ribu                                               69.096       liabilities amounting to US$ 9,954 thousand

      *) Termasuk aset tak-berwujud atas kontrak                               *) Included intangible assets for customer
         dengan pelanggan dan hubungan dengan                                     contracts and customer relationships
         pelanggan (Catatan 17).                                                  (Note 17).

      Alokasi Harga Perolehan dilakukan oleh penilai                           The Purchase Price Allocation was carried out
      independen, KJPP Kusnanto & Rekan                                        by an independent valuer, KJPP Kusnanto &
      (“KJPP KR”), pihak ketiga, yang ditunjuk oleh                            Rekan (“KJPP KR”), an independent third party
      Grup untuk menentukan nilai wajar atas aset dan                          appointed by the Group to determine the fair
      liabilitas teridentifikasi yang diakuisisi dari Warna                    value of the identifiable assets and liabilities
      Tiono dan Emier Koesomawiria. Penyesuaian                                acquired from Warna Tiono and Emier
      nilai wajar atas aset tetap ditentukan oleh penilai                      Koesomawiria. The fair value adjustments for
      independen, KJPP Suwendho Rinaldy & Rekan                                property, plant, and equipment were
      (“KJPP        SRR”),      pihak    ketiga,     dengan                    determined by another independent valuer,
      menggunakan pendekatan biaya reproduksi baru                             KJPP Suwendho Rinaldy & Rekan (“KJPP
      untuk aset tetap (selain tanah) dan pendekatan                           SRR”), a third party, using the new production
      pasar untuk tanah.                                                       cost approach for property, plant, and
                                                                               equipment (other than land) and the market
                                                                               approach for land.

      Nilai wajar aset keuangan yang diperoleh                                 The fair value of financial assets acquired
      mendekati nilai wajarnya.                                                approximates their respective fair values.

      Sehubungan dengan akuisisi tersebut, Grup                                In connection with the acquisition, the Group
      mengakui keuntungan dari pembelian dengan                                recognized a gain on bargain purchase. The
      diskon. Grup meyakini hal ini disebabkan oleh                            Group believes this is due to a difference views
      pandangan atas arah strategis bisnis dari Grup                           of strategic business direction of the Hafar
      Hafar antara penjual dan Grup.                                           Group between the seller and the Group.




                                                               118
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PT PETROSEA Tbk DAN ENTITAS ANAK                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                               – Continued

        Keuntungan dari pembelian dengan diskon dan                            The gain on bargain purchase and the net cash
        arus kas bersih yang timbul dari akuisisi tersebut                     flows arising from the acquisition is presented
        disajikan sebagai berikut:                                             as follows:

                                                               31 Agustus/
                                                               August 31,
                                                                  2025
                                                                US$ '000

        Imbalan yang dialihkan                                       24.450      Consideration transferred
        Kepentingan nonpengendali                                    33.857      Non-controlling interests
        Nilai wajar aset bersih yang diperoleh setelah                           Fair value of the net assets acquired
          dikurangi aset pajak tangguhan                            (69.096)       net of deferred tax liabilities
        Keuntungan dari pembelian dengan diskon
          (Catatan 35)                                              (10.789)     Gain from bargain purchase (Note 35)

        Imbalan yang dialihkan                                       24.450      Consideration transferred
        Kas dan setara kas yang diperoleh                           (11.692)     Cash and cash equivalents acquired

        Arus kas keluar bersih pada saat akuisisi                    12.758      Net cash outflow on acquisition

        Sejak tanggal akuisisi, PTHDK dan PTHDS                                Since the acquisition date, PTHDK and
        memberikan kontribusi pendapatan sebesar                               PTHDS     have contributed revenue of
        US$ 31.811 ribu dan laba periode berjalan                              US$ 31,811 thousand and profit for the period
        sebesar US$ 12.507 ribu kepada Grup untuk tahun                        of US$ 12,507 thousand to the Group for the
        yang berakhir pada tanggal 31 Desember 2025.                           year ended December 31, 2025.

        Apabila akuisisi PTHDK dan PTHDS telah                                 Had the acquisition of PTHDK and PTHDS
        diselesaikan pada tanggal 1 Januari 2025,                              been completed on January 1, 2025, the
        pendapatan konsolidasian dan laba Grup                                 Group’s consolidated revenue and profit for the
        untuk tahun yang berakhir pada tanggal                                 year ended December 31, 2025, would have
        31 Desember 2025 masing-masing akan                                    amounted to US$ 889,551 thousand
        berjumlah sebesar US$ 889.551 ribu dan                                 and US$ 24,243 thousand, respectively.
        US$ 24.243 ribu. Manajemen Grup berpendapat                            Management believes that these amounts
        bahwa jumlah tersebut mencerminkan ukuran                              represent a reasonable approximation of the
        perkiraan kinerja grup gabungan untuk tahun                            combined group’s performance for the year and
        serta memberikan titik acuan untuk perbandingan                        provide a relevant reference point for
        pada periode-periode berikutnya.                                       comparison in subsequent periods.

   b.   Grup HBS                                                       b.      HBS Group

        Sebagaimana dijelaskan dalam Catatan 1c, pada                          As described in Note 1c, on October 31, 2025,
        tanggal 31 Oktober 2025, Grup mengakuisisi                             the Group acquired 100% ownership of HBS.
        100% kepemilikan atas HBS.

        Alasan dilakukannya akuisisi adalah untuk                              The rationale for undertaking the acquisition
        memperkuat bisnis Grup dan memberikan                                  was to strengthen the Group’s business and to
        peluang untuk pertumbuhan.                                             provide opportunities for growth.




                                                             119
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PT PETROSEA Tbk DAN ENTITAS ANAK                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                               – Continued

      Sesuai dengan ketentuan PSAK 103 Kombinasi                               In accordance with PSAK 103 Business
      Bisnis, Grup melakukan proses alokasi harga                              Combinations, the Group performed a
      pembelian atas akuisisi terhadap aset dan                                purchase price allocation process for the
      liabilitas teridentifikasi dari Grup HBS. Proses ini                     acquisition of HBS Group. This process
      mengharuskan Grup untuk menentukan nilai                                 required the Group to determine the fair value
      wajar atas aset teridentifikasi yang diperoleh dan                       of the identifiable assets acquired and liabilities
      liabilitas yang diambil alih dari Robert Lesley                          assumed from Robert Lesley Watkins as of the
      Watkins pada tanggal akuisisi, yang disajikan                            acquisition date, which is presented as follows:
      sebagai berikut:

                                                                31 Oktober/
                                                                October 31,
                                                                   2025
                                                                 US$ '000

       Jumlah aset *)                                                 85.758      Total assets *)
       Jumlah liabilitas                                              40.421      Total liabilities

       Nilai wajar aset bersih yang diperoleh                         45.337      Fair value of net assets acquired

       Nilai aset bersih yang diperoleh - setelah dikurangi                       Net assets acquired - net of deferred
         liabilitas pajak tangguhan sebesar                                         tax liabilites amounting to
         US$ 4.836 ribu                                               40.501        US$ 4,836 thousand

      *) Termasuk aset tak-berwujud atas hubungan                              *) Included intangible assets for customer
         dengan pelanggan (Catatan 17).                                           relationships (Note 17).

      Alokasi Harga Perolehan dilakukan oleh penilai                           The Purchase Price Allocation was carried out
      independen, KJPP KR, pihak ketiga, yang                                  by an independent valuer, KJPP KR, an
      ditunjuk oleh Grup untuk menentukan nilai wajar                          independent third party appointed by the Group
      atas aset dan liabilitas teridentifikasi yang                            to determine the fair value of the identifiable
      diakuisisi   dari   Robert   Lesley   Watkins.                           assets and liabilities acquired from Robert
      Penyesuaian nilai wajar atas aset tetap                                  Lesley Watkins. The fair value adjustments for
      ditentukan oleh penilai independen, KJPP SRR                             property, plant and equipment were determined
      pihak ketiga, dengan menggunakan pendekatan                              by another independent valuer, KJPP SRR, a
      biaya reproduksi baru untuk aset tetap (selain                           third party, using the new production cost
      tanah) dan pendekatan pasar untuk tanah.                                 approach for property, plant and equipment
                                                                               (other than land) and the market approach for
                                                                               land.

      Nilai wajar aset keuangan yang diperoleh                                 The fair value of financial assets acquired
      mendekati nilai wajarnya.                                                approximates their respective fair values.

      Akuisisi Grup HBS didorong oleh kebutuhan                                The acquisition of HBS Group was driven by
      suksesi strategis seiring dengan rencana pensiun                         strategic succession needs in line with the
      salah satu pemegang saham utama. Selain itu,                             retirement plan of a key shareholder. In
      kinerja keuangan terdampak oleh penghentian                              addition, the financial performance had been
      proyek tertentu sebelum akuisisi, sehingga                               affected by the discontinuation of a specific
      menciptakan kebutuhan mendesak akan mitra                                project prior to the acquisition, creating an
      permodalan untuk memastikan keberlangsungan                              urgent need for a capital partner to ensure
      usaha.      Akibatnya,       transaksi   tersebut                        business continuity. As a result, the transaction
      dilaksanakan sebagai pembelian dengan diskon,                            was executed as a bargain purchase, with the
      dengan nilai pembelian berada di bawah nilai                             purchase consideration falling below the fair
      wajar aset teridentifikasi bersih.                                       value of the net identifiable assets acquired.




                                                              120
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PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

        Keuntungan dari pembelian dengan diskon yang                       The gain on bargain purchase arising from the
        timbul dari akuisisi tersebut disajikan sebagai                    acquisition is presented as follows:
        berikut:

                                                             31 Oktober/
                                                             October 31,
                                                                2025
                                                              US$ '000

        Imbalan sementara                                          24.979      Provisional consideration
        Nilai wajar aset bersih yang diperoleh setelah                         Fair value of the net assets acquired
          dikurai aset pajak tangguhan                            (40.501)       net of deferred tax liabilities
        Keuntungan dari pembelian dengan diskon
          (Catatan 35)                                            (15.522)     Gain from bargain purchase (Note 35)

        Imbalan sementara atas akuisisi adalah sebesar                     The provisional consideration for the acquisition
        US$ 24.979 ribu Imbalan ini bersifat sementara                     amounted to US$ 24,979 thousand. This
        sampai dengan terselesaikannya syarat untuk                        consideration is provisional until the fulfillment
        dilakukannya pembayaran sampai dengan tahun                        of the conditional for the payment up to 2027.
        2027. Rincian imbalan sementara dan arus kas                       The details of the provisional consideration and
        bersih yang timbul dari akuisisi tersebut adalah                   the net cash flows arising from the acquisition
        sebagai berikut:                                                   are as follows:

                                                             31 Oktober/
                                                             October 31,
                                                                2025
                                                              US$ '000

        Estimasi imbalan yang dialihkan                            24.979      Estimated consideration transferred
        Dikurangi: imbalan yang ditangguhkan                       (5.356)     Less: Deferred consideration

        Kas yang dibayarkan pada saat akuisisi                     19.623      Cash paid on acquisition
        Kas dan setara kas yang diperoleh                          (1.207)     Cash and cash equivalents acquired

        Arus kas keluar bersih pada saat akuisisi                  18.416      Net cash outflow on acquisition

        Sejak tanggal akuisisi, HBS memberikan                             Since the acquisition date, HBS has contributed
        kontribusi pendapatan sebesar US$ 2.323 ribu                       revenue of US$ 2,323 thousand and a profit for
        dan laba periode berjalan sebesar US$ 1.362 ribu                   the period of US$ 1,362 thousand to the Group
        kepada Grup untuk tahun yang berakhir pada                         for the year ended December 31, 2025.
        tanggal 31 Desember 2025.

        Apabila akuisisi HBS telah diselesaikan pada                       Had the acquisition of HBS been completed on
        tanggal    1    Januari  2025,    pendapatan                       January 1, 2025, the Group’s consolidated
        konsolidasian dan laba Grup untuk tahun yang                       revenue and profit for the year ended
        berakhir pada tanggal 31 Desember 2025                             December 31, 2025, would have amounted
        masing-masing      akan  berjumlah    sebesar                      to US$ 932.812 thousand and US$ 32,182
        US$ 932.812 ribu dan US$ 32.182 ribu.                              thousand, respectively. Management believes
        Manajemen Grup berpendapat bahwa jumlah                            that these amounts represent a reasonable
        tersebut mencerminkan ukuran perkiraan kinerja                     approximation of the combined Group’s
        Grup gabungan untuk tahun serta memberikan                         performance for the year and provide a relevant
        titik acuan untuk perbandingan pada periode-                       reference point for comparison in subsequent
        periode berikutnya.                                                periods.

   c.   SBPL                                                        c.     SBPL

        Sebagaimana dijelaskan dalam Catatan 1c, pada                      As     described   in     Note      1c,    on
        tanggal 21 November 2025, PSS, entitas anak,                       November 21, 2025, PSS, a subsidiary,
        mengakuisisi 60% kepemilikan atas SBPL.                            acquired a 60% ownership interest in SBPL.

        Alasan dilakukannya akuisisi adalah untuk                          The rationale for undertaking the acquisition
        memperkuat bisnis Grup dan memberikan                              was to strengthen the Group’s business and to
        peluang untuk pertumbuhan.                                         provide opportunities for growth.



                                                           121
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PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

      Sesuai dengan ketentuan PSAK 103 Kombinasi                           In accordance with PSAK 103 Business
      Bisnis, Grup melakukan proses alokasi harga                          Combinations, the Group performed a
      pembelian atas akuisisi terhadap aset dan                            purchase price allocation process for the
      liabilitas teridentifikasi dari SBPL. Proses ini                     acquisition of SBPL. This process required the
      mengharuskan Grup untuk menentukan nilai                             Group to determine the fair value of the
      wajar atas aset teridentifikasi yang diperoleh dan                   identifiable assets acquired and liabilities
      liabilitas yang diambil alih dari TCAL Engineering                   assumed from TCAL Engineering Pte., Ltd. as
      Pte., Ltd. pada tanggal akuisisi, yang disajikan                     of the acquisition date, which is presented as
      sebagai berikut:                                                     follows:
                                                            21 November/
                                                            November 21,
                                                                2025
                                                              US$ '000

       Jumlah aset *)                                              22.516      Total assets *)
       Jumlah liabilitas                                          (10.267)     Total liabilities
       Nilai wajar aset bersih yang diperoleh                     12.249       Fair value of net assets acquired

       Nilai aset yang bersih yang diperoleh - setelah
         dikurangi liabilitas pajak tangguhan sebesar                          Net assets acquired - net of deferred tax
         US$ 1.7323 ribu                                          10.516         liabilities amounting to US$ 1,733 thousand

      *) Termasuk aset tak-berwujud atas hubungan                          *) Included intangible assets for customer
         dengan pelanggan (Catatan 17).                                       relationships (Note 17).
      Alokasi Harga Perolehan dilakukan oleh penilai                       The Purchase Price Allocation was carried out
      independen, KJPP KR, pihak ketiga, yang                              by an independent valuer, KJPP KR, an
      ditunjuk oleh Grup untuk menentukan nilai wajar                      independent third party appointed by the Group
      atas aset dan liabilitas teridentifikasi yang                        to determine the fair value of the identifiable
      diakuisisi dari TCAL Engineering Pte., Ltd.                          assets and liabilities acquired from TCAL
      Penyesuaian nilai wajar atas aset tetap                              Engineering Pte., Ltd. The fair value
      ditentukan oleh penilai independen, KJPP SRR,                        adjustments for property, plant and equipment
      pihak ketiga, dengan menggunakan pendekatan                          were determined by another independent
      biaya reproduksi baru untuk aset tetap.                              valuer, KJPP SRR, a third party, using the
                                                                           replacement cost new approach for property,
                                                                           plant and equipment.
      Nilai wajar aset keuangan yang diperoleh                             The fair value of financial assets acquired
      mendekati nilai wajarnya.                                            approximates their respective fair values.
      Goodwill dan arus kas bersih yang timbul dari                        The goodwill and the net cash flows arising from
      akuisisi tersebut disajikan sebagai berikut:                         the acquisition are presented as follows:


                                                            21 November/
                                                            November 21,
                                                                2025
                                                              US$ '000

       Imbalan yang dialihkan                                      7.942       Consideration transferred
       Kepentingan nonpengendali                                   4.201       Non-controlling interests
       Nilai wajar aset bersih yang diperoleh setelah                          Fair value of the net assets acquired
         dikurangi aset pajak tangguhan                          (10.516)        net of deferred tax liabilities
       Goodwill (Catatan 15)                                       1.627       Goodwill (Note 15)

       Imbalan yang dialihkan                                       7.942      Consideration transferred
       Kas dan setara kas yang diperoleh                           (5.991)     Cash and cash equivalents acquired
       Arus kas keluar bersih pada saat akuisisi                   3.578       Net cash outflow on acquistion

      Sejak tanggal akuisisi, SBPL memberikan                              Since the acquisition date, SBPL has
      kontribusi pendapatan sebesar US$ 1.062 ribu                         contributed revenue of US$ 1,062 thousand
      dan rugi periode berjalan sebesar US$ 1.033 ribu                     and a loss for the period of US$ 1,033 thousand
      kepada Grup untuk tahun yang berakhir pada                           to the Group for the year ended
      tanggal 31 Desember 2025.                                            December 31, 2025.



                                                           122
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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Apabila akuisisi SBPL telah diselesaikan pada                   Had the acquisition of SBPL been completed on
        tanggal    1    Januari   2025,    pendapatan                   January 1, 2025, the Group’s consolidated
        konsolidasian dan laba Grup untuk tahun yang                    revenue and profit for the year ended
        berakhir pada tanggal 31 Desember 2025                          December 31, 2025, would have amounted
        masing-masing      akan   berjumlah    sebesar                  to     US$       905,941     thousand      and
        US$ 905.941 ribu dan US$ 41.953 ribu.                           US$      41,953      thousand,    respectively.
        Manajemen Grup berpendapat bahwa jumlah                         Management believes that these amounts
        tersebut mencerminkan ukuran perkiraan kinerja                  represent a reasonable approximation of the
        grup gabungan untuk tahun serta memberikan                      combined Group’s performance for the year
        titik acuan untuk perbandingan pada periode-                    and provide a relevant reference point for
        periode berikutnya.                                             comparison in subsequent periods.


40. SIFAT DAN TRANSAKSI PIHAK BERELASI                          40. NATURE    OF     RELATIONSHIP     AND
                                                                    TRANSACTIONS WITH RELATED PARTIES

   Sifat Pihak Berelasi                                            Nature of Relationship

   Pada tanggal 16 Februari 2024, telah terjadi                    On February 16, 2024, there was change of
   perubahan      pengendalian      Perusahaan yang                controlling of the Company from CARA to KJP.
   semula CARA menjadi KJP. Setelah tanggal                        Subsequent to February 16, 2024, the nature of
   16 Februari 2024, sifat hubungan dengan pihak                   relationships with the related parties is as follows:
   berelasi adalah sebagai berikut:

   a.   CUAN adalah entitas induk utama Perusahaan.                a.   CUAN is the Company’s ultimate holding
        KJP    adalah  pemegang      saham   utama                      company. KJP is the Company’s majority
        Perusahaan.                                                     shareholder.

   b.   CARA adalah pemegang saham Perusahaan.                     b.   CARA is the Company’s shareholders.

   c.   PT Sentosa Bersama Mitra (SBM), PT Dua                     c.   PT Sentosa Bersama Mitra (SBM), PT Dua
        Usaha Karya Negeri (DUKN) dan PT Tata Masa                      Usaha Karya Negeri (DUKN) and PT Tata Masa
        Nusantara adalah pemegang saham dari CARA.                      Nusantara are CARA’s shareholder.

   d.   PT Rukun Raharja Tbk (RAJA), CUAN, PT Prima                d.   PT Rukun Raharja Tbk (RAJA), CUAN,
        Mineral Investindo (PMI), PT Daya Bumindo                       PT Prima Mineral Investindo (PMI), PT Daya
        Karunia (DBK), PT Borneo Bangun Banua (BBB),                    Bumindo Karunia (DBK), PT Borneo Bangun
        PT Barito Pacific Lumber (BPL), Aster Chemicals                 Banua (BBB), PT Barito Pacific Lumber (BPL),
        and Energy Pte., Ltd. (ACEPL) dan PT Triguna                    Aster Chemicals and Energy Pte., Ltd. (ACEPL)
        Internusa Pratama (TIP) mempunyai beberapa                      and PT Triguna Internusa Pratama (TIP) have
        manajemen kunci yang sama dengan Perusahan.                     several same key managements with the
                                                                        Company.

   e.   PT Tamtama Perkasa (TP), PMI, DBK,                         e.   PT Tamtama Perkasa (TP), PMI, DBK,
        PT Armada Maritim Persada (AMP), PT Borneo                      PT Armada Maritim Persada (AMP), PT Borneo
        Bangun Banua Bestari (BBBB), PT Chandra                         Bangun Banua Bestari (BBBB), PT Chandra
        Daya Investasi Tbk (CDI), PT Multi Tambang                      Daya Investasi Tbk (CDI), PT Multi Tambang
        Utama (MUTU), PT Griya Idola (GI) dan                           Utama (MUTU), PT Griya Idola (GI) and
        PT   Meranti Sembada (MS), mempunyai                            PT Meranti Sembada (MS) have the same
        pemegang saham yang sama secara langsung                        shareholder either directly or indirectly.
        maupun tidak langsung.

   f.   Fluor-Petrosea Joint Organization (FPJO)                   f.   Fluor-Petrosea Joint Organization (FPJO) is a
        merupakan proyek kerjasama antara Perusahaan                    joint operation between the Company and third
        dengan pihak ketiga (Catatan 7a, 16, dan 30).                   parties (Notes 7a, 16, and 30).

   g.   PT Borneo Bangun Banua (BBB) memiliki                      g.   PT Borneo Bangun Banua (BBB) has the same
        pengendali serta hubungan yang sama dalam hal                   controller and relationship in terms of
        manajemen dan Direksi.                                          management and Board of Directors.




                                                          123
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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

   Transaksi-transaksi dengan Pihak-pihak Berelasi               Transactions with Related Parties

   a.   FPJO                                                     a.   FPJO

        Pada tanggal 11 Maret 2020, Perusahaan                        On March 11, 2020, the Company together with
        bersama dengan PT Fluor Daniel Indonesia telah                PT Fluor Daniel Indonesia have formed a
        membentuk suatu kerjasama organisasi FPJO                     collaborative organization FPJO to implement
        untuk melaksanakan Proyek Optimalisasi Pabrik                 Mill Optimization for Underground Ores Project
        Bijih Bawah Tanah untuk PTFI (Catatan 16).                    for PTFI (Note 16).

        Selanjutnya, FPJO bersama dengan PTFI                         Furthermore, FPJO together with PTFI
        menandatangani Engineering, Procurement,                      executed the Engineering, Procurement,
        Construction and Construction Management                      Construction and Construction Management
        Master Agreement.                                             Master Agreement.

        Pada tanggal 3 November 2020, FPJO dan                        On November 3, 2020, FPJO and
        PTFI menandatangani Supplement Agreement                      PTFI signed the Supplement Agreement with
        dengan nilai estimasi total US$ 100.122 ribu.                 total estimated value US$ 100,122 thousand.

        Pada periode 12 November 2021 sampai dengan                   In period November 12, 2021 until
        13    Februari     2025,     FPJO    dan    PTFI              February 13, 2025, FPJO and PTFI executed
        menandatangani Change Order (CO) 001-011                      the Change Order (CO) 001 – 011 for SAG3
        untuk Proyek SAG3 (CO untuk Supplement                        Project (CO for Supplement Agreement
        Agreement No. TP1900216-002). Melalui CO ini,                 No. TP1900216-002). Through this CO, there
        terdapat penambahan nilai kontrak sebesar                     is an additional contract amount of
        US$ 100,49 juta. Tidak terdapat perpanjangan                  US$ 100.49 million. There is no extension for
        atas kontrak ini setelah tanggal 30 Mei 2024.                 this contract after May 30, 2024.

        Pada periode 30 November 2021 sampai dengan                   In period November 30, 2021 until
        1 Agustus 2023, FPJO dan PTFI menandatangani                  August 1, 2023, FPJO and PTFI executed
        beberapa Limited Notice to Proceed (“LNTP”) dan               several Limited Notice to Proceed (“LNTP”) and
        Supplement Agreement untuk Proyek Copper                      Supplement Agreement for Copper Cleaner
        Cleaner Circuit Construction Services (“CUCL”).               Circuit Construction Services (“CUCL”). Project
        Proyek ini telah diselesaikan pada tanggal                    have been completed on December 31, 2023
        31 Desember 2023 dengan jumlah nilai kontrak                  with     the   total     contract   value    of
        sebesar Rp 802.087 juta (setara dengan                        Rp      802,087      million   (equivalent   to
        US$ 52.029 ribu).                                             US$ 52,029 thousand).

        Pada tanggal 10 Maret 2024, FPJO dan PTFI                     On March 10, 2024, FPJO and PTFI executed
        menandatangani      Supplement       Agreement                Supplement Agreement No. TP1900216-005
        No. TP1900216-005 untuk Proyek CUCL. Melalui                  for CUCL Project. Under this Supplement
        Supplement Agreement ini, proyek CUCL                         Agreement, CUCL project is extended up to
        diperpanjang hingga tanggal 31 Agustus 2024                   August 31, 2024 and obtained an additional
        dan mendapatkan tambahan nilai kontrak                        contract value of Rp 1,614 billion (equivalent to
        sebesar Rp 1.614 miliar (setara dengan                        US$ 105 million). This agreement has been
        US$ 105 juta). Perjanjian ini telah mengalami                 changed several times, with the latest CO
        beberapa kali perubahan, dengan perubahan                     No. 003 dated on September 23, 2024,
        terakhir   pada    CO     No.    003    tanggal               therefore the contract value amounted
        23 September 2024, sehingga nilai kontrak                     to   Rp     2,400    trillion   (equivalent    to
        menjadi Rp 2.400 triliun (setara dengan                       US$ 148 million). This agreement will be ended
        US$ 148 juta). Perjanjian ini berakhir sampai                 on March 26, 2025.
        dengan 26 Maret 2025.




                                                           124
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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

        Pada tanggal 15 Januari 2024, PTFI telah                      On January 15, 2024, PTFI has nominated
        menunjuk FPJO untuk mengerjakan Proyek                        FPJO to execute Redundant Conveyor
        Redundant Conveyor (“RECON”) Construction                     (“RECON”) Construction Services with the work
        Services dengan nilai pekerjaan sebesar                       value in the amount of Rp 66,122 million
        Rp 66.122 juta melalui LNTP No. TP1900216-                    through LNTP No. TP1900216-007. This LNTP
        007. LNTP ini berlaku efektif dari tanggal                    shall be effective from January 15, 2024 up to
        15 Januari 2024 hingga 30 April 2024. Melalui                 April 30, 2024. Through the LNTP Revision 6,
        Revisi 6 LNTP, masa berlaku LNTP diperpanjang                 the validity of LNTP is extended up to
        hingga 31 Agustus 2025 dan terdapat                           August 31, 2025 and there is an increase in the
        penambahan nilai LNTP yang menyebabkan nilai                  value of LNTP that resulting in the total value of
        total LNTP menjadi Rp 457,7 miliar (setara                    LNTP to be Rp 457.7 billion (equivalent to
        dengan US$ 27.440 ribu).                                      US$ 27,440 thousand).

        Pada tanggal 18 Juni 2024, PTFI telah                         On June 18, 2024, PTFI has issued LNTP to
        menerbitkan LNTP kepada FPJO untuk                            FPJO for the provision of labour and equipment
        menyediakan tenaga kerja dan peralatan untuk                  to support the construction works at SAG2. The
        mendukung pekerjaan konstruksi di SAG2. Nilai                 value of this LNTP is Rp 25.9 billion (equivalent
        LNTP ini adalah Rp 25,9 miliar (setara dengan                 to US$ 1.6 million) and shall be valid up to
        US$     1,6    juta)    dan     berlaku  hingga               August 31, 2024. Through LNTP revisions
        31 Agustus 2024. Melaui LNTP revisi No. 1 & 2,                No. 1 & 2, the period has been extended until
        periode     diperpanjang       hingga   tanggal               October 31, 2025, with an increase in value,
        31 Oktober 2025 dengan penambahan nilai yang                  raising the total LNTP value to Rp 127.8 billion
        menyebaikan      nilai   total   LNTP   menjadi               (equivalent to US$ 7,612 thousand).
        Rp 127,8 miliar (setara dengan US$ 7.612 ribu).

        Pendapatan yang berasal dari jasa konstruksi dan              Revenue from construction and engineering
        rekayasa     untuk  tahun      yang     berakhir              services for the year ended December 31, 2025
        31    Desember     2025      adalah     sebesar               amounted to US$ 24,137 thousand (2024:
        US$ 24.137 ribu (2024: US$ 65.285 ribu)                       US$ 65,285 thousand) (Note 30).
        (Catatan 30).

        Saldo piutang usaha atas FPJO pada tanggal                    The trade accounts receivable balance to FPJO
        31 Desember 2025 sebesar US$ 13.176 ribu                      as of December 31, 2025 amounted to
        (31 Desember 2024:       US$ 29.006 ribu)                     US$ 13,176 thousand (December 31, 2024:
        (Catatan 7a).                                                 US$ 29,006 thousand) (Note 7a).

   b.   BBB                                                      b.   BBB

        Pada tanggal 2 September 2024, Perusahaan                     On October 18, 2024, the Company signed a
        menandatangani Perjanjian Jasa Pertambangan                   Mining Services Agreement with BBB with an
        dengan     BBB     dengan    nilai   estimasi                 estimated value of US$ 94,542 thousand and
        US$ 94.542 ribu dan nilai estimasi capital                    an estimated capital expenditure value of
        expenditure US$ 40.082 ribu.                                  US$ 40,082 thousand.

        Pendapatan yang berasal dari jasa konstruksi dan              Revenue from construction and engineering
        rekayasa   untuk    tahun      yang     berakhir              services for the year ended December 31, 2025
        31    Desember     2025      adalah     sebesar               amounted to US$ 17,487 thousand (2024: Nil)
        US$ 17.487 ribu (2024: Nihil) (Catatan 30).                   (Note 30).

        Saldo piutang usaha atas BBB pada tanggal                     The trade accounts receivable to BBB as of
        31 Desember 2025 adalah US$ 17.591 ribu                       December 31, 2025 is US$ 17,591 thousand
        (31 Desember 2024: US$ 131 ribu) (Catatan 7a).                (December 31, 2024: US$ 131 thousand)
                                                                      (Note 7a).

   c.   TP                                                       c.   TP

        Pada tanggal 2 September 2024, Perusahaan                     On October 18, 2024, the Company signed a
        menandatangani Perjanjian Jasa Pertambangan                   Mining Services Agreement with TP with an
        dengan TP dengan nilai estimasi US$ 24.25 ribu.               estimated value of US$ 24,25 thousand.

        Pada tanggal 23 Juni 2025, Perusahaan                         On June 23, 2025, the Company signed a
        menandatangani Perjanjian Sewa Alat Berat                     Rental for Heavy Vehicle Agreement with TP
        dengan     TP   dengan     nilai  estimasi                    with an estimated value of US$ 4,623 thousand.
        US$ 4.623 ribu.


                                                           125
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PT PETROSEA Tbk DAN ENTITAS ANAK                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                     – Continued

        Pendapatan yang berasal dari biaya jasa                      Revenue from mining services for the year
        pertambangan tersebut untuk tahun yang                       ended December 31, 2025 amounted to
        berakhir   31    Desember     2025     sebesar               US$        5,833     thousand       (2024:
        US$ 5.833 ribu (2024: US$ 3.141 ribu).                       US$ 3,141 thousand).

        Beban usaha langsung dan beban lainnya yang                  Direct cost and other expenses from activities
        berasal dari kegiatan untuk tahun yang berakhir              for the year ended December 31, 2025
        31 Desember 2025 sebesar US$ 774 ribu (2024:                 amounted to US$ 774 thousand (2024: Nil).
        Nihil).

        Saldo piutang usaha atas TP pada tanggal                     The trade accounts receivable to TP as
        31 December 2025 sebesar US$ 1.518 ribu                      of  December 31, 2025 amounted to
        (31    Desember 2024: US$ 3.216 ribu)                        US$ 1,518 thousand (December 31, 2024:
        (Catatan 7a).                                                US$ 3,216 thousand) (Note 7a).

        Saldo utang usaha atas TP pada tanggal                       The trade accounts payable to TP as of
        31 Desember 2025 sebesar US$ 478 ribu                        December     31,   2025   amounted    to
        (31 Desember 2024: Nihil) (Catatan 18).                      US$ 478 thousand (December 31, 2024: Nil)
                                                                     (Note 20).

   d.   CDI                                                     d.   CDI

        Pada tanggal 29 November 2024, PTPIN, PTCTK                  On November 29, 2024, PTPIN, PTCTK and
        dan CDI menandatangani Perjanjian Para                       CDI signed a Shareholders Agreement for the
        Pemegang Saham untuk pendirian PTCTK                         establishment of PTCTK where PTPIN hold
        dimana PTPIN memegang 35.000 saham di                        35,000 shares in PTCTK with a nominal value
        dalam PTCTK dengan nilai nominal per saham                   per share of Rp 150,000 with a total nominal
        senilai Rp 150.000 dengan nilai nominal                      value of Rp 5,250 million (equivalent to
        seluruhnya sebesar Rp 5.250 juta (setara dengan              US$ 312,835).
        US$ 312.835).

   e.   MUTU                                                    e.   MUTU

        Selama tahun 2025, Perusahaan memberikan                     During year 2025, the Company provided
        jasa  pemindahan    tanah   penutup  dan                     overburden removal and coal mining services
        penambangan batubara kepada MUTU.                            to MUTU.

        Pada tanggal 22 April 2025, Perusahaan dan                   On April 22, 2025, the Company and MUTU
        MUTU    menandatangani     Perjanjian Jasa                   signed a Mining Services Agreement.
        Pertambangan.

        Pendapatan yang berasal dari kegiatan tersebut               Revenue from the services for the year
        untuk tahun yang berakhir 31 Desember 2025                   ended December 31, 2025 amounted to
        sebesar US$ 34.416 ribu (2024: US$ 2.537 ribu).              US$       34,416     thousand    (2024:
                                                                     US$ 2,537 thousand).

        Saldo piutang usaha atas MUTU pada tanggal                   The trade accounts receivable to MUTU as
        31 Desember 2025 sebesar US$ 15.668 ribu                     of  December 31, 2025 amounted to
        (31    Desember 2024: US$ 1.914 ribu)                        US$ 15,668 thousand (December 31, 2024:
        (Catatan 7a).                                                US$ 1,914 thousand) (Note 7a).

   f.   DBK                                                     f.   DBK

        Pada tanggal 26 Juni 2024, Perusahaan                        On June 24 2024, the Company signed Work
        menandatangani Perintah Pekerjaan Variasi pada               Instruction Variation of a Mining Infrastructure
        Perjanjian     biaya   Jasa    Pengembangan                  Development      Services    agreement      and
        Infrastruktur Tambang dan mengalami perubahan                amended on September 2, 2025 with DBK with
        pada tanggal 2 September 2025 dengan DBK                     an estimated value Rp 3.49 trillion (equivalent
        dengan nilai estimasi Rp 3,49 triliun (setara                to US$ 209.3 million).
        dengan US$ 209,3 juta).




                                                          126
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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Pendapatan yang berasal dari kegiatan untuk                   Revenue from activities for the year
        tahun yang berakhir 31 Desember 2025                          ended December 31, 2025 amounted to
        sebesar US$ 26.291 ribu (2024: US$ 1.395 ribu).               US$       26.291     thousand  (2024:
                                                                      US$ 1,395 thousand).

        Saldo piutang usaha atas DBK pada tanggal                     The trade accounts receivable to DBK as of
        31 Desember 2025 sebesar US$ 17.392 ribu                      December     31,    2025    amounted    to
        (31    Desember 2024: US$ 1.355 ribu)                         US$ 17,392 thousand (December 31, 2024:
        (Catatan 7a).                                                 US$ 1,355 thousand) (Note 7a).

        Saldo kontrak liabilitas atas DBK pada tanggal                The trade contract liabilities to DBK as of
        31 Desember 2025 sebesar US$ 3.894 ribu                       December     31,   2025        amounted  to
        (31 Desember 2024: Nihil) (Catatan 23).                       US$ 3,894 thousand (December 31, 2024: Nil)
                                                                      (Note 23).

   g.   CUAN                                                     g.   CUAN

        Pada tanggal 26 Juni 2024, Perusahaan                         On June 26, 2024, the Company signed a
        menandatangani Perjanjian Layanan Manajemen                   Management Services Agreement with CUAN
        dengan     CUAN       dengan   nilai   estimasi               with an estimated value of Rp 107 billion
        Rp 107 miliar (setara dengan US$ 6.531 ribu).                 (equivalent to US$ 6,531 thousand).

        Pendapatan yang berasal dari kegiatan untuk                   Revenue from activities for the year ended
        tahun yang berakhir 31 Desember 2025                          December     31,    2025      amounted   to
        sebesar US$ 133 ribu (2024: Nihil).                           US$ 133 thousand (2024: Nil).

        Saldo piutang usaha atas CUAN pada tanggal                    The trade accounts receivable to CUAN as of
        31 Desember 2025 sebesar US$ 1.368 ribu                       December     31,    2025     amounted    to
        (31 Desember 2024: US$ 256 ribu) (Catatan 7a).                US$ 1,368 thousand (December 31, 2024:
                                                                      US$ 256 thousand) (Note 7a).

   h.   PMI                                                      h.   PMI

        Pada tanggal 26 Juni 2024, Perusahaan                         On June 26, 2024, the Company signed
        menandatangani Jasa Konsultan Geologis                        Geological Consulting Services with PMI with
        dengan PMI dengan nilai estimasi Rp 27,2 miliar               an estimated value of Rp 27.2 billion
        (setara dengan US$ 1.656 ribu).                               (equivalent to US$ 1,656 thousand).

        Beban usaha langsung dan beban lainnya yang                   Direct cost and other expenses from activities
        berasal dari kegiatan untuk tahun yang berakhir               for the year ended December 31, 2025
        31 Desember 2025 sebesar US$ 1.429 ribu                       amounted to US$ 1,429 thousand (2024: Nil).
        (2024: Nihil).

        Saldo utang usaha atas PMI pada tanggal                       The trade accounts payable to PMI as of
        31 Desember 2025 sebesar US$ 614 ribu                         December     31,    2025     amounted to
        (31 Desember 2024: US$ 459 ribu) (Catatan 20).                US$ 614 thousand (December 31, 2024:
                                                                      US$ 459 thousand) (Note 20).

   i.   TIP                                                      i.   TIP

        Pada tanggal 17 Mei 2024, Perusahaan                          On May 17, 2024, the Company signed a
        menandatangani        pengadaan,     konstruksi,              procurement, construction, installation, and
        instalasi, dan komisioning untuk pekerjaan awal               commissioning for onshore early work EPC -
        EPC darat - proyek UCC dengan TIP, dengan nilai               UCC project with TIP with an estimated value of
        estimasi Rp 325 miliar (setara dengan                         Rp 325 billion (equivalent to USD 20.4 million).
        USD 20,4 juta).

        Beban usaha langsung dan beban lainnya yang                   Direct cost and other expenses from activities
        berasal dari kegiatan untuk tahun yang berakhir               for the year ended December 31, 2025
        31 Desember 2025 sebesar US$ 5.672 ribu                       amounted to US$ 5,672 thousand (2024: Nil).
        (2024: Nihil).




                                                           127
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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

        Saldo utang usaha atas TIP pada tanggal                       The trade accounts payable to TIP as of
        31 Desember 2025 sebesar US$ 4.505 ribu                       December     31,    2025    amounted to
        (31    Desember 2024: US$ 1.205 ribu)                         US$ 4,505 thousand (December 31, 2024:
        (Catatan 20).                                                 US$ 1,205 thousand) (Note 20).

   j.   GI                                                       j.   GI

        Pada tanggal 21 Juni 2024, Perusahaan                         On June 21, 2024, the Company signed a
        menandatangani Perjanjian Sewa Menyewa                        Lease Agreement for Wisma Barito Pacific
        Wisma Barito Pacific Jakarta dengan GI sebagai                Jakarta with GI as the Company's Head Office.
        Kantor Pusat Perusahaan.

        Beban usaha langsung dan beban lainnya yang                   Direct cost and other expenses from activities
        berasal dari kegiatan untuk tahun yang berakhir               for the year ended December 31, 2025
        31 Desember 2025 sebesar US$ 523 ribu                         amounted to US$ 523 thousand (2024: Nil).
        (2024: Nihil).

        Saldo utang usaha atas GI pada tanggal                        The trade accounts payable to GI as of
        31 Desember 2025 sebesar US$ 14 ribu                          December    31,   2025    amounted   to
        (31 Desember 2024: Nihil) (Catatan 20).                       US$ 14 thousand (December 31, 2024: Nil)
                                                                      (Note 20).

   k.   MS                                                       k.   MS

        Pada tanggal 31 Oktober 2025, Perusahaan dan                  On October 31, 2025, the Company and MS
        MS menandatangani Infrastructure Camp and                     signed an Infrastructure Camp and Mine
        Mine Facilities Site untuk proyek DBK, dengan                 Facilities Site agreement for the DBK project,
        nilai Kontrak sebesar Rp 37.049 juta (setara                  with a contract value of Rp 37,049 million
        dengan US$ 2.207 ribu). Masa penyelesaian                     (equivalent to US$ 2,207 thousand). The
        praktis dari kontrak ini sampai dengan                        practical completion period for this contract is
        1 April 2026.                                                 until April 1, 2026.

        Beban usaha langsung dan beban lainnya yang                   Direct cost and other expenses from activities
        berasal dari kegiatan untuk tahun yang berakhir               for the year ended December 31, 2025
        31 Desember 2025 sebesar US$ 857 ribu                         amounted to US$ 857 thousand (2024: Nil).
        (2024: Nihil).

        Saldo utang usaha atas MS pada tanggal                        The trade accounts payable to MS as of
        31 Desember 2025 sebesar US$ 963 ribu                         December    31,   2025    amounted    to
        (31 Desember 2024: Nihil) (Catatan 20).                       US$ 963 thousand (December 31, 2024: Nil)
                                                                      (Note 20).

   l.   ACEPL                                                    l.   ACEPL

        Pada tanggal 17 Desember 2025, SBPL                           On December 17, 2025, SBPL was awarded
        memperoleh kontrak pemeliharaan selama                        with a 2-year maintenance contract by ACEPL
        2 tahun dari ACEPL untuk Penyediaan Jasa Sipil                for the Provision of Civil Services for Jurong
        di Jurong Island dengan estimasi nilai kontrak                Island with estimated contract value amounted
        sebesar SG$ 3 juta (setara dengan US$ 2,3 juta)               to SG$ 3 million (equivalent to US$ 2.3 million)

        Pada tanggal 17 Desember 2025, SBPL                           On December 17, 2025, SBPL was awarded
        memperoleh kontrak selama 2 tahun dari ACEPL                  with a 2-year contract by ACEPL for the
        untuk Penyediaan Layanan Integrated Facility                  Provision of Integrated Facility Management
        Management (IFM) untuk Bukom Island dan                       (IFM) services for Bukom Island and Jurong
        Jurong Island dengan estimasi nilai kontrak                   Island with estimated contract value amounted
        sebesar SG$ 7,8 juta (setara dengan US$ 6 juta).              to SG$ 7.8 million (equivalent to US$ 6 million).

        Pendapatan yang berasal dari kegiatan untuk                   Revenue from activities for the year ended
        tahun yang berakhir 31 Desember 2025                          December     31,    2025     amounted    to
        sebesar US$ 1.261 ribu (2024: Nihil).                         US$ 1,261 thousand (2024: Nil).

        Saldo piutang usaha atas ACEPL pada tanggal                   The trade accounts receivable to ACEPL as of
        31 Desember 2025 sebesar US$ 3.102 ribu                       December        31,  2025     amounted    to
        (31 Desember 2024: Nihil) (Catatan 7a).                       US$ 3,102 thousand (December 31, 2024:
                                                                      Nil) (Note 7a).



                                                           128
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PT PETROSEA Tbk DAN ENTITAS ANAK                                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                              – Continued

   m. BPL                                                               m. BPL

        Saldo kontrak liabilitas atas BPL pada tanggal                        The contract liabilities to BPL as of
        31 Desember 2025 sebesar US$ 1.196 ribu                               December     31,    2025   amounted     to
        (31 Desember 2024: Nihil) (Catatan 23).                               US$ 1,196 thousand (December 31, 2024: Nil)
                                                                              (Note 23).

   n.   Remunerasi Komisaris dan Direksi                                n.    Commissioners and Directors’ remuneration

        Remunerasi Komisaris dan Direksi (semuanya                            Commissioners and Directors’ remuneration
        imbalan jangka pendek) untuk tahun-tahun yang                         (all short-term benefits) for the years ended
        berakhir 31 Desember 2025 dan 2024 adalah                             December 31, 2025 and 2024 are as follows:
        sebagai berikut:

                                                     2025              2024
                                                    US$ '000          US$ '000

        Direksi                                           1.140              1.034       Directors
        Komisaris                                           534                482       Commissioners

        Jumlah                                            1.674              1.516       Total

        Beberapa Komisaris dan Direksi mendapatkan                            Certain Commissioners and Directors are
        tambahan tunjangan lainnya, seperti penggunaan                        entitled to other benefits, such as the use of the
        kendaraan dinas yang tidak termasuk dalam                             Company’s vehicles which are not included in
        remunerasi di atas.                                                   the above remuneration.

   Rangkuman dari saldo dan transaksi-transaksi dengan                  Summary of balances and transactions with the
   pihak-pihak berelasi dari Grup adalah sebagai berikut:               Group’s related parties are as follows:

                                                   31 Desember/      31 Desember/
                                                   Desember 31,      Desember 31,
                                                       2025              2024
                                                     US$ '000          US$ '000
   Piutang Usaha (Catatan 7a)                                                            Trade Accounts Receivable (Note 7a)
     BBB                                                 17.591                 131        BBB
     DBK                                                 17.392               1.355        DBK
     MUTU                                                15.668               1.914        MUTU
     FPJO                                                13.176              29.006        FPJO
     ACEPL                                                3.102                   -        ACEPL
     TP                                                   1.518               3.216        TP
     CUAN                                                 1.368                 256        CUAN
   Jumlah                                                69.815              35.878      Total

   Persentase terhadap jumlah aset konsolidasian          4,41%               4,14%      As a percentage of total consolidated assets

   Utang Usaha (Catatan 20)                                                              Trade Accounts Payable (Note 20)
     TIP                                                  4.505               1.205        TIP
     MS                                                     963                   -        MS
     PMI                                                    614                 459        PMI
     TP                                                     478                   -        TP
     GI                                                      14                   -        GI

   Jumlah                                                 6.574               1.664      Total

   Persentase terhadap jumlah liabilitas
     konsolidasian                                        0,52%               0,27%      As a percentage of total consolidated liabilities

   Liabilitas Kontrak (Catatan 23)                                                       Contract Liabilities (Note 23)
     DBK                                                  3.894                      -    DBK
     BPL                                                  1.196                      -    BPL

   Jumlah                                                 5.090                  -       Total

   Persentase terhadap jumlah liabilitas
     konsolidasian                                        0,40%               0,00%      As a percentage of total consolidated liabilities




                                                               129
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PT PETROSEA Tbk DAN ENTITAS ANAK                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                           – Continued

                                                   2025               2024
                                                  US$ '000           US$ '000
   Pendapatan (Catatan 30)                                                          Revenue (Note 30)
     MUTU                                              34.416              2.537      MUTU
     DBK                                               26.291              1.395      DBK
     FPJO                                              24.137             65.285      FPJO
     BBB                                               17.487                  -      BBB
     TP                                                 5.833              3.141      TP
     ACEPL                                              1.261                  -      ACEPL
     CUAN                                                 133                  -      CUAN

   Jumlah                                             109.558             72.358    Total

   Persentase terhadap jumlah pendapatan                                            As a percentage of total consolidated
     konsolidasian                                     12,36%             10,47%      revenue

   Beban Usaha Langsung dan Beban Lainnya                                           Direct Cost and Other Expenses
    TIP                                                 5.672                   -     TIP
    PMI                                                 1.429                   -     PMI
    MS                                                    857                   -     MS
    TP                                                    774                   -     TP
    GI                                                    523                   -     GI

   Jumlah                                               9.255                   -   Total

   Persentase terhadap jumlah beban usaha                                           As a percentage of total consolidated
     langsung dan beban konsolidasian                   1,13%              0,00%      direct cost and expenses

   Kebijakan harga Grup untuk transaksi dengan pihak                  The Group’s pricing policy for transactions with
   berelasi ditetapkan berdasarkan pada harga di dalam                related parties is set based on contracted prices.
   kontrak.

41. PELAPORAN SEGMEN                                               41. SEGMENT REPORTING

   Grup menggolongkan segmen usaha dalam empat                        The Group is organized into four principal business
   segmen utama yaitu pertambangan, penyediaan jasa,                  segments of mining, services, engineering and
   rekayasa dan konstruksi, dan EPCI-minyak bumi dan                  construction, and EPCI-offshore oil and gas.
   gas lepas pantai.

   Segmen       pertambangan   meliputi    kontrak                    The mining segment covers comprehensive mining
   pertambangan secara menyeluruh mulai dari                          contracts including overburden stripping, drilling,
   pengupasan lapisan penutup tanah, pengeboran,                      blasting, lifting, hauling, mine services, mine
   peledakan,    pengangkutan, penggalian,    jasa                    partnering and sales of coal.
   penambangan, kerja sama pertambangan dan
   penjualan batubara.

   Segmen jasa meliputi penyediaan fasilitas pangkalan                The services segment covers supply base facilities
   logistik dan jasa pelabuhan.                                       and port services.

   Segmen rekayasa dan konstruksi menyediakan                         The engineering and construction segment provides
   layanan multidisiplin yang menyeluruh di bidang jasa               a comprehensive range of multi-disciplinary
   rekayasa, pengadaan dan konstruksi untuk minyak                    engineering, procurement and construction services
   dan gas bumi (daratan dan lepas pantai), infrastruktur,            to oil and gas (onshore and offshore), infrastructure,
   industri dan manufaktur serta utilitas. Segmen ini juga            industrial and manufacturing and utilities sectors.
   termasuk penyediaan jasa tenaga kerja terlatih serta               The segment also includes supply of skilled trade
   penyewaan alat berat dan peralatan.                                personnel and equipment hire services.

   Segmen EPCI-Minyak dan Gas Lepas Pantai                            The EPCI-Offshore Oil and Gas segment provides
   menyediakan layanan terpadu untuk rekayasa,                        a comprehensive range of multi-disciplinary
   pengadaan, konstruksi, dan instalasi di sektor minyak              engineering, procurement, construction and
   dan gas lepas pantai, mencakup pemasangan pipa                     installation services to the offshore oil and gas
   bawah      laut,    platform,    dan      infrastruktur            sector, including subsea pipeline installation,
   kelautan. Segmen ini juga mencakup operasi kapal,                  platform construction, subsea structure works, and
   termasuk pipelaying barge, tug, dan kapal pendukung,               marine infrastructure support. The segment also
   serta layanan manajemen proyek dan dukungan                        includes marine transportation services, vessel
   operasional lepas pantai.                                          operations such as pipe-lay barge deployment, tug
                                                                      and barge support, and the provision of offshore
                                                                      project management and operational support
                                                                      services.


                                                             130
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  PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                                                                                                                  PT PETROSEA Tbk AND ITS SUBSIDIARIES
  CATATAN ATAS LAPORAN KEUANGAN                                                                                                                                                                                                 NOTES TO CONSOLIDATED
  KONSOLIDASIAN TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                                    FINANCIAL STATEMENTS FOR THE YEARS ENDED
  31 DESEMBER 2025 DAN 2024                                                                                                                                                                                                  DECEMBER 31, 2025 AND 2024
  – Lanjutan                                                                                                                                                                                                                                  – Continued

                                       Pertambangan/                Rekayasa dan Konstruksi/          EPCI-Minyak dan Gas Lepas Pantai/                     Jasa/                             Tidak Dialokasikan/                   Jumlah Konsolidasi/
                                           Mining                  Engineering and Construction            EPCI-Offshore Oil & Gas                         Services                               Unallocated                      Consolidated Amount
                                 2025               2024             2025               2024              2025                2024               2025                  2024                2025                2024              2025               2024
                                US$ '000           US$ '000        US$ '000           US$ '000          US$ '000             US$ '000           US$ '000              US$ '000            US$ '000           US$ '000           US$ '000          US$ '000
Pendapatan dan Beban                                                                                                                                                                                                                                                 Revenue and expenditures
Pendapatan usaha                    441.267            354.325         379.747            299.170            32.865                  -              30.066                34.628                2.514             2.688            886.459            690.811        Segment revenues

Hasil segmen                         25.839              3.649          36.908             42.691            10.251                  -               1.021                   703               (6.551)            (8.381)           67.468             38.662        Segment results

Penghasilan bunga                       156                156               9                    5              79                  -                 121                       95             2.341               759              2.706              1.015        Interest income

                                                                                                                                                                                                                                                                     Interest expenses and
Beban bunga dan keuangan             (41.089)          (18.041)        (14.363)            (6.552)               (32)                -                (212)                 (939)                  (3)             (365)            (55.699)          (25.897)           finance charges
Beban pajak final                        (23)                -          (8.698)            (9.584)              (879)                -                (128)                 (132)                 (14)                -              (9.742)           (9.716)       Final tax expense
Keuntungan dan kerugian
  lain-lain - bersih                   8.978             1.544          13.678              2.707            10.719                  -                 (77)                  128                1.247              (575)            34.545              3.804        Other gains and losses - net
Beban pajak penghasilan               (4.494)            2.038               -                  -              (225)                 -                (614)                   65                1.061               (19)            (4.272)             2.084        Income tax expense

Laba bersih periode berjalan         (10.633)          (10.654)         27.534             29.267            19.913                  -                 111                    (80)             (1.919)            (8.581)           35.006              9.952        Net profit for the period

Beban non kas:                                                                                                                                                                                                                                                       Noncash expenses:
  Penyusutan                         (77.959)          (48.841)         (8.856)            (3.990)            (1.354)                -               (2.175)               (1.901)               (208)             (102)            (90.552)          (54.834)          Depreciation
  Amortisasi                         (10.827)          (10.230)         (3.032)            (1.537)                 -                 -                    -                     -                (746)             (951)            (14.605)          (12.718)          Amortization
  Beban non-kas lainnya               (5.465)           (5.053)         (2.318)            (3.039)                 -                 -                 (494)                 (406)                  -                 -              (8.277)           (8.498)          Other non-cash expenses

                                        Pertambangan/                 Rekayasa dan Konstruksi/          EPCI-Minyak & Gas Lepas Pantai/                      Jasa/                              Tidak Dialokasikan/                    Jumlah Konsolidasi/
                                            Mining                  Engineering and Construction            EPCI-Offshore Oil & Gas                        Services                                 Unallocated                       Consolidated Amount
                               31 Desember/        31 Desember/   31 Desember/       31 Desember/       31 Desember/       31 Desember/         31 Desember/       31 Desember/           31 Desember/       31 Desember/       31 Desember/       31 Desember/
                               December 31,       December 31,    December 31,       December 31,       December 31,       December 31,         December 31,       December 31,           December 31,       December 31,       December 31,       December 31,
                                   2025                2024           2025               2024               2025                2024                2025               2024                   2025               2024               2025               2024
                                 US$ '000            US$ '000       US$ '000           US$ '000           US$ '000            US$ '000            US$ '000           US$ '000               US$ '000           US$ '000           US$ '000           US$ '000
Informasi lainnya:                                                                                                                                                                                                                                                    Other information:
Aset tambang                           4.420              4.394               -                   -                     -                 -                    -                      -                  -                  -           4.420                4.394    Mining properties
                                                                                                                                                                                                                                                                      Property, plant and
Aset tetap - bersih                  610.707            284.433          76.283            35.042               33.099                    -             8.404                10.188               1.852                   504         730.345           330.167         equipment - net
Aset hak guna                         31.160             17.139           8.727                16                1.094                    -               421                 1.438                  23                    34          41.425            18.627       Right of use assets
Aset lainnya                         401.561            263.676         345.577           222.632               29.908                    -            27.360                25.769               2.287                 2.000         806.693           514.077       Other assets

Jumlah aset                        1.047.848            569.642         430.587           257.690               64.101                    -            36.185                37.395               4.162                 2.538       1.582.883           867.265       Total assets

Jumlah liabilitas                    634.887            316.731         546.376           267.428               47.286                    -            43.258                30.954               3.618                 2.402       1.275.425           617.515       Total liabilities

Pengeluaran barang modal
  (termasuk aset tidak                                                                                                                                                                                                                                                Capital expenditure (include
  berwujud)                          217.747             70.042         187.390             59.139              16.218                    -            14.836                    6.845            1.240                  532          437.431           136.558         intangible assets)




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PT PETROSEA Tbk DAN ENTITAS ANAK                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                               – Continued

42. KOMITMEN DAN KONTRAK YANG SIGNIFIKAN                           42. COMMITMENTS               AND          SIGNIFICANT
                                                                       CONTRACTS

   a.   Mulai 1 Januari 2011, Perusahaan memberikan                   a.   Starting on January 1, 2011, the Company
        jasa   pemindahan     tanah   penutup   dan                        provided waste removal and coal production
        penambangan batubara dan jasa konstruksi                           services and construction services to
        kepada PT Kideco Jaya Agung (KJA).                                 PT Kideco Jaya Agung (KJA).

        Pada tanggal 22 Oktober 2010, Perusahaan dan                       On October 22, 2010, the Company and KJA,
        KJA, menandatangani Kontrak Perjanjian                             entered into a Contract Agreement for Waste
        Pemindahan Tanah Penutup dan Produksi                              Removal & Coal Production which amounted to
        Batubara senilai US$ 216 juta di SM Popor, Area                    US$ 216 million at SM Popor, Suara Area,
        Suara, Tambang Pasir, Kalimantan Timur.                            Tambang Pasir, East Kalimantan. This
        Perjanjian ini efektif mulai 1 Januari 2011.                       agreement is valid until January 1, 2011.

        Pada tanggal 10 Mei 2013, Perusahaan dan KJA                       On May 10, 2013, the Company and KJA
        menandatangani Kontrak Sewa Peralatan                              entered into Contract of Equipment Wet Rental
        (Wet Rental) di wilayah SM Popor, Area Suara,                      at SM Popor Area, Suara Area, Pasir Mine,
        Tambang Pasir, Kalimantan Timur.                                   East Kalimantan.
                                                                           .
        Baik perjanjian terkait Perjanjian Pemindahan                      Both agreements pertaining to Waste Removal
        Tanah Penutup dan Produksi Batubara maupun                         & Coal Production and Contract of Equipment
        Kontrak Sewa Peralatan (Wet Rental) telah                          Wet Rental have been amended several times.
        beberapa kali perubahan. Perusahaan dan KJA                        The Company and KJA have signed the latest
        menandatangani perubahan terakhir atas                             amendment of Waste Removal through the
        Perjanjian Pemindahan Tanah Penutup tersebut                       14th amendment on September 1, 2025,
        melalui perubahan ke-14 pada tanggal                               regarding changes in contract volume and
        1 September 2025 perihal perubahan volume                          latest contract price rate where the production
        kontrak dan harga kontrak terbaru dimana target                    volume target for 2025 is 38.2 million bcm for
        volume produksi untuk tahun 2025 sebesar                           overburden and 9.39 million tonnes of coal
        38,2 juta bcm untuk tanah penutup dan 9,39 juta                    tonnage. The agreement will be ended on
        ton untuk tonase batubara. Perjanjian ini akan                     December 2028.
        berakhir pada Desember 2028.

   b.   Pada tanggal 15 Juni 2015, PTKPI mengadakan                   b.   On June 15, 2015, PTKPI entered into an
        perubahan perjanjian untuk pemberian jasa                          amendment to the service agreement with
        kepada PTFI yang berlaku sampai dengan                             PTFI, which was valid until December 31, 2021.
        31 Desember 2021. Berdasarkan perjanjian ini,                      Under this agreement, PTKPI shall operate and
        PTKPI akan mengoperasikan dan memanfaatkan                         utilize the facilities described in the agreement
        fasilitas yang dijelaskan dalam perjanjian hanya                   solely in connection with the performance of the
        untuk pemberian jasa tersebut dan akan                             service and shall perform the service
        memberikan jasa secara eksklusif untuk                             exclusively for the benefit of PTFI. As
        kepentingan PTFI. Sebagai kompensasi, PTKPI                        compensation, PTKPI will receive the following:
        akan menerima sebagai berikut:

        •   Beban PTKPI yang akan diganti terdiri dari                     •      PTKPI's reimbursable expenses consist of
            semua cash costs, expenses, charges, fees,                            all cash costs, expenses, charges, fees
            dan jumlah lain, baik capital, ordinary or                            and other amounts, whether capital,
            extraordinary in nature, kecuali extraordinary                        ordinary or extraordinary in nature,
            expenses seperti yang didefinisikan dalam                             excluding extraordinary expenses as
            perjanjian, yang dikeluarkan oleh PTKPI                               defined in the agreement, incurred by
            dalam menjalankan kegiatannya di bawah                                PTKPI in carrying out its activities under
            dan sehubungan dengan perjanjian tersebut.                            and in connection with the agreement.

        •   Biaya bulanan tetap atas pelabuhan dan jasa                    •      Port and operating services fee shall be
            operasi sejumlah US$ 142 ribu ditambah                                fixed monthly amount of US$ 142 thousand
            7,5% dari biaya tenaga kerja langsung dari                            plus an amount equal to 7.5% of direct
            karyawan PTKPI yang dibayarkan secara                                 labor costs of the PTKPI's employees that
            langsung kepada karyawan atau sebagai                                 are paid either directly to employees or as
            biaya gaji terkait untuk bulan tersebut, dan                          payroll related costs for the month (agreed
            insentif keamanan dengan jumlah sampai                                costs), and safety incentive of an amount
            dengan 2,5% dari biaya yang disepakati.                               up to 2.5% of the agreed costs. The safety
            Insentif akan dihitung dan diakui bulanan dan                         incentive will be calculated and accrued
            dibayarkan setiap enam bulan.                                         monthly and paid semiannually.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Pada tanggal 1 Januari 2020, berdasarkan                        On January 1, 2020, based on the notification
        surat   pemberitahuan dari PTFI tanggal                         letter from PTFI dated October 22, 2019, there
        22 Oktober 2019, dilakukan pengurangan biaya                    was a cost reduction of port and operating
        bulanan tetap atas pelabuhan dan jasa operasi                   services fee from US$ 142 thousand to
        dari sebesar US$ 142 ribu menjadi US$ 42 ribu.                  US$ 42 thousand. In 2021, the cost of port and
        Pada tahun 2021, biaya bulanan tetap atas                       operating services fee was            adjusted
        pelabuhan dan jasa operasi disesuaikan kembali                  back to US$ 142 thousand. There is no change
        menjadi sebesar US$ 142 ribu. Tidak terdapat                    in other benefits that the PTKPI obtain from
        perubahan atas manfaat lainnya yang diperoleh                   PTFI.
        PTKPI dari PTFI.

        Pada tanggal 1 Agustus 2025, PTKPI dan PTFI                     On August 1, 2025, PTKPI and PTFI executed
        telah menandatangani perpanjangan perjanjian                    the extension of service agreement until
        jasa sampai dengan 31 Agustus 2026.                             August 31, 2026.

   c.   Pada tanggal 23 Juni 2017, Perusahaan dan                  c.   On June 23, 2017, the Company and BP Berau
        BP Berau Ltd. telah menandatangani kontrak                      Ltd. entered into contract for Sorong Supply
        untuk Jasa Supply Base di Sorong. Nilai kontrak                 Base Services. The contract value is
        adalah sebesar Rp 734 miliar (setara dengan                     Rp 734 billion (equivalent to US$ 52 million)
        US$ 52 juta) dengan masa kontrak selama                         with contract duration for 5 years valid until
        5 tahun sampai dengan 22 Juni 2022, dengan                      June 22, 2022, with option to extend annually
        opsi perpanjangan tiap tahun selama 3 tahun                     up to 3 years after the contract duration.
        setelah durasi kontrak.

        Pada tanggal 22 Juni 2023, kedua belah pihak                    On June 22, 2023, both parties executed
        telah menandatangani Perubahan No. 5 atas                       Amendment No. 5 to this contract with
        perjanjian ini dengan tambahan nilai kontrak                    additional value amounted to Rp 73.4 billion
        sebesar Rp 73,4 milliar (setara dengan                          (equivalent to US$ 4.7 million) therefore the
        US$ 4,7 juta) sehingga total nilai kontrak sebesar              total contract value is Rp 807.6 billion
        Rp 807,6 milliar (setara dengan US$ 56,7 juta).                 (equivalent to US$ 56.7 million).

        Pada tanggal 1 Juni 2024, kedua belah pihak                     On June 1, 2024, both parties executed a
        telah menandatangani Perubahan No. 6 atas                       Amendment No. 6 to this contract. The contract
        perjanjian ini. Perjanjian ini telah berakhir pada              has ended on June 22, 2025.
        22 Juni 2025.

        Pada tanggal 23 Juni 2025, kedua belah pihak                    On June 23, 2025, both parties executed a
        telah menandatangani Perubahan No. 7 atas                       Amendment No. 7 to this contract. The contract
        perjanjian ini. Perjanjian ini telah berakhir pada              has ended on December 31, 2025.
        31 Desember 2025.

        Pada tanggal 15 Desember 2025, kedua belah                      On December 15, 2025, both parties executed
        pihak telah menandatangani Perubahan No. 8                      a Amendment No. 8 to this contract. The
        atas perjanjian ini. Perjanjian ini akan berakhir               contract will be ended on March 31, 2026.
        pada 31 Maret 2026.

   d.   Pada tanggal 24 Mei 2017, Perusahaan dan PTFI              d.   On May 24, 2017, the Company and
        menandatangani Master Services Agreement                        PTFI entered into Master Services Agreement
        untuk jasa pertambangan Grasberg Wanagon di                     for Grasberg Wanagon Mining Services in
        Papua. Nilai kontrak adalah sebesar US$ 44 juta                 Papua. The contract value is US$ 44 million
        dengan masa kontrak selama 25 bulan yang                        with contract duration for 25 months which
        terdiri dari 3 Work Assignment (Work Assignment                 consists of 3 Work Assignments (Work
        2, 3 dan 5).                                                    Assignment 2, 3 and 5).

        Kontrak ini telah mengalami beberapa kali                       This agreement has been amended several
        perubahan, amendemen terakhir pada tanggal                      times. The latest amendment was on
        20 Januari 2025, kedua belah pihak setuju untuk                 January 20, 2025, both parties agreed to
        memperpanjang masa kontrak hingga tanggal                       extend   the   contract period   up   to
        31 Desember 2027.                                               December 31, 2027.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

   e.   Pada tanggal 15 Juni 2022, Perusahaan dan PTFI            e.   On June 15, 2022, the Company and PTFI have
        telah menandatangani dokumen Perjanjian untuk                  executed the document of Agreement for Levee
        Proyek Levee Stockpile Project Extension dengan                Stockpile Project Extension with contract value
        nilai kontrak sebesar US$ 125,16 juta. Proyek ini              is US$ 125.16 million. This project has a
        memiliki durasi penyelesaian hingga tanggal                    duration for completion up to June 30, 2026.
        30 Juni 2026.

        Kontrak ini telah mengalami beberapa kali                      This agreement has been amended several
        perubahan,      terakhir    pada      tanggal                  times, the latest was on February 18, 2026 with
        18 Februari 2026 dengan Perubahan Kontrak                      Contract Amendment No. 027. The current total
        No. 027. Total nilai kontrak saat ini adalah                   contract value is US$ 140,430 thousand.
        sebesar US$ 140.430 ribu.

   f.   Pada tanggal 10 April 2018, Perusahaan dan                f.   On April 10, 2018, the Company and CSTS
        CSTS      Joint   Operation    menandatangani                  Joint Operation entered into Agreement
        Perjanjian Penyediaan Jasa Pemuatan &                          for Provision of Loading Unloading and
        Pembongkaran dan Penyimpanan di POSB                           Storage at POSB Sorong with a contract value
        Sorong     dengan     nilai  kontrak    sebesar                of    Rp     14.3   billion    (equivalent to
        Rp 14,3 miliar (setara dengan US$ 872 ribu).                   US$ 872 thousand). On February 17, 2020, the
        Pada tanggal 17 Februari 2020, Perusahaan dan                  Company and CSTS Joint Operation agreed
        CSTS Joint Operation telah menandatangani                      Amendment No. 5 to the agreement, which
        Perubahan No. 5 atas perjanjian tersebut dengan                amend the contract value to Rp 236 billion
        nilai kontrak menjadi Rp 236 miliar (setara                    (equivalent to US$ 16.7 million).
        dengan US$ 16,7 juta).

        Pada tanggal 9 Oktober 2024, kedua belah pihak                 On October 9, 2024, both parties executed
        telah menandatangani Perubahan No. 20 atas                     Amendment No. 20 to Loading Unloading &
        perjanjian Loading Unloading & Storage Services                Storage Services Contract at POSB Sorong.
        Contract di POSB Sorong. Perjanjian ini berakhir               The contract ended on October 31, 2024.
        pada tanggal 31 Oktober 2024. Tidak ada                        No extension for this agreement.
        perpanjangan atas perjanjian ini.

   g.   Pada tanggal 26 Juli 2022, Perusahaan dan                 g.   On July 26, 2022, the Company and
        PT Masmindo Dwi Area menandatangani                            PT Masmindo Dwi Area signed an Agreement
        dokumen      Perjanjian   untuk   Engineering,                 document for an Engineering, Procurement,
        Procurement, and Construction (EPC) Contract.                  and Construction (EPC) Contract. The contract
        Nilai kontrak adalah sebesar Rp 1,237 triliun                  value is Rp 1.237 trillion (equivalent to
        (setara dengan US$ 73 miliar) dengan durasi                    US$ 73 billion) with a contract duration until
        kontrak sampai dengan 11 Maret 2025 yang                       March 11, 2025, which is currently under
        sedang     dalam     masa    negosiasi  untuk                  negotiation for extension, in which the
        diperpanjang di mana Perusahaan bertindak                      Company acts as the contractor.
        sebagai kontraktor.

        Pada tanggal 26 Juli 2022, Perusahaan dan                      On July 26, 2022, the Company and
        PT Masmindo Dwi Area menandatangani                            PT Masmindo Dwi Area have signed an
        dokumen Perjanjian untuk Construction and                      Construction and Project Management (CPM)
        Project Management (CPM) Contract. Nilai                       Contract Agreement. The contract value is
        kontrak adalah sebesar Rp 1,658 triliun (setara                Rp 1.658 trillion (equivalent to US$ 98 billion)
        dengan US$ 98 miliar) dengan durasi kontrak                    with duration of contract until March 11, 2025
        sampai dengan 11 Maret 2025 yang sedang                        which currently under negotiation to be
        dalam masa negosiasi untuk diperpanjang di                     extended in which the Company acts as a
        mana Perusahaan bertindak sebagai Kontraktor.                  Contractor.

   h.   Pada      Desember         2020,    Perusahaan            h.   In December 2020, the Company entered into
        menandatangani       perjanjian  jasa    dengan                a service agreement with PT Mitra Baruna
        PT Mitra Baruna Nusantara (MBN) untuk                          Nusantara (MBN) to provide service for Marine
        menyediakan jasa Marine Agency di POSB                         Agency at POSB Sorong. The contract has
        Sorong. Kontrak tersebut telah diperpanjang dan                been     extended     and      ended       on
        telah berakhir pada tanggal 30 September 2023.                 September 30, 2023




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PT PETROSEA Tbk DAN ENTITAS ANAK                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                       – Continued

        Pada 23 Oktober 2023, kedua belah pihak telah                  On October 23, 2023, both parties executed
        menandatangani Perubahan No. 3 atas perjanjian                 Amendment No. 3 to Marine Agency Contract
        Marine Agency di POSB Sorong. Perjanjian ini                   at POSB Sorong The contract ended on
        berakhir pada tanggal 31 Maret 2024.                           March 31, 2024.

        Pada 5 Desember 2023, kedua belah pihak telah                  On December 5, 2023, both parties executed
        menandatangani Perubahan No. 4 atas perjanjian                 Amendment No. 4 to Marine Agency Contract
        Marine Agency di POSB Sorong. Perjanjian ini                   at POSB Sorong The contract ended on
        berakhir pada tanggal 30 Juni 2024. Perusahaan                 June 30, 2024. The Company and MBN have
        dan MBN telah mengakhiri kerja sama ini.                       terminated the cooperation.

   i.   Pada tanggal 29 Desember 2020, Perusahaan                 i.   On December 29, 2020, the Company and
        dan PT Kartika Selabumi Mining (KSM) dan                       PT Kartika Selabumi Mining (KSM) and
        PT Palm Mas Asri (sebagai pihak penjamin KSM)                  PT Palm Mas Asri (as guarantor of KSM) has
        menandatangani Lembar Kesepakatan Jasa                         signed term-sheet of the mining services with
        Pertambangan dengan volume produksi lapisan                    production volume 80.1 million bcm of
        penutup tanah sebesar 80,1 juta bcm dan                        overburden and 3.95 million tonnes of coal
        batubara sebesar 3,95 juta ton yang kemudian                   which awarded to a subsidiary, PTKBL.
        dialihkan kepada entitas anak, PTKBL.

        Pada     tanggal   6  April   2021,     PTKBL                  On April 6, 2021, PTKBL signed a Mining
        menandatangani Mining Service Agreement                        Service Agreement with KSM and PT Palm
        dengan KSM dan PT Palm Mas Asri sebagai                        Mas Asri as guarantor of KSM. This agreement
        pihak penjamin dari KSM. Perjanjian ini berlaku                is valid until 2027.
        hingga tahun 2027.

        Pada    tanggal  6    April  2021,    PTKBL                    On April 6, 2021, PTKBL signed a Plant Hire
        menandatangani Plant Hire Agreement dengan                     Agreement with KSM and PT Palm Mas Asri as
        KSM dan PT Palm Mas Asri sebagai pihak                         guarantor of KSM for mobile plant and labor
        penjamin dari KSM untuk penyewaan peralatan                    supply at KSM mine site. This agreement is
        bergerak dan penyediaan tenaga kerja di lokasi                 valid until 2027.
        tambang KSM. Perjanjian ini berlaku hingga
        tahun 2027.

   j.   Pada tanggal 3 Mei 2021, Perusahaan, PT Mekko             j.   On May 3, 2021, the Company, PT Mekko
        Metal Mining (Mekko) dan PT Perkasa Investama                  Metal Mining (Mekko) and PT Perkasa
        Mineral (PIM) telah menandatangani Perjanjian                  Investama Mineral (PIM) have signed a
        Kerjasama     untuk   pengembangan      proyek                 Cooperation Agreement for the development of
        penambangan bauksit di mana PIM bertindak                      a bauxite mining project in which PIM acts as
        sebagai    penjamin     pembayaran     Mekko.                  Mekko's payment guarantor. Furthermore, on
        Selanjutnya pada tanggal 22 Juni 2021,                         June 22, 2021, the Company and PIM signed a
        Perusahaan dan PIM telah menandatangani                        Share Pledge Agreement in which PIM pledged
        Perjanjian Gadai Saham di mana PIM telah                       51% of its ownership in Mekko to the Company
        menjaminkan 51% kepemilikannya di Mekko                        as collateral for its obligations to the Company.
        kepada Perusahaan sebagai jaminan atas
        kewajibannya kepada Perusahaan.

        Pada tanggal 15 Agustus 2022, Perusahaan,                      On August 15, 2022, the Company, Mekko and
        Mekko dan PIM menandatangani perubahan dan                     PIM signed an amendment and restatement of
        pernyataan kembali perjanjian awal, untuk proyek               the original agreement, for the bauxite project
        bauksit dengan nilai kontrak sebesar US$ 94 juta.              with a contract value of US$ 94 million. This
        Perjanjian ini berlaku sampai dengan 5 tahun.                  agreement is valid for up to 5 years.

        Pada tanggal 31 Agustus 2023, Perusahaan,                      On August 31, 2023, the Company, Mekko and
        Mekko dan PIM telah menandatangani Surat                       PIM have signed a Statement of Termination of
        Pernyataan Pengakhiran Kerja Sama untuk                        Cooperation for the Bauxite Project.
        Proyek Bauksit.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

        Pada tanggal 30 Oktober 2023, 28 Juni 2024,                   On October 30, 2023, June 28, 2024,
        11 Juli 2024, dan 16 Desember 2024, Mekko                     July 11, 2024 and December 16, 2024 Mekko
        telah   membayar       masing-masing    sebesar               has paid Rp 31.9 billion (equivalent to
        Rp 31,9 miliar (setara dengan US$ 2.000 ribu),                US$ 2,000 thousand), Rp 1 billion (equivalent
        Rp 1 miliar (setara dengan US$ 60.898),                       to US$ 60,898), Rp 32 billion (equivalent to
        Rp 32 miliar (setara dengan US$ 1.944 ribu), dan              US$ 1,944 thousand), and Rp 31.8 billion
        Rp 31,8 miliar (setara dengan US$ 2.005 ribu)                 (equivalent to US$         2,005     thousand)
        sesuai dengan Surat Pernyataan Pengakhiran                    respectively, in accordance with the Statement
        Kerja Sama untuk Proyek Bauksit.                              of Termination of Cooperation for the Bauxite
                                                                      Project.

        Perusahaan      mendukung      pengembangan                   The Company supported the development of a
        pembangunan smelter sebesar US$ 1 juta pada                   smelter construction of US$ 1 million at PIM
        PIM dimana Perusahaan dapat menagihkan                        where the Company could bill the development
        kembali biaya pengembangan tersebut atau                      costs or converted into shares in PIM's
        dapat dikonversikan menjadi saham entitas anak                subsidiary, PT Perkasa Alumina Indonesia
        PIM, PT Perkasa Alumina Indonesia (PAI).                      (PAI).

        Pada tanggal 17 Februari 2025, Perusahaan                     On February 17, 2025, the Company received
        menerima surat konfirmasi dari PIM atas                       confirmation letter from PIM related to
        pengembalian       dana     pengembangan                      the    refund    of    smelter    construction
        pembangunan smelter yang akan diterima                        development that will be received at the latest
        selambat-lambatnya      pada       tanggal                    by December 31, 2026.
        31 Desember 2026.

   k.   Pada tanggal 10 Oktober 2021, PTKBL                      k.   On October 10, 2021, PTKBL signed a Mining
        menandatangani Mining Service Agreement                       Service Agreement with PT Hardaya Mining
        dengan PT Hardaya Mining Energy (HME) dan                     Energy (HME) and PT Central Cipta Murdaya
        PT Central Cipta Murdaya (CCM) sebagai pihak                  (CCM) as guarantor of HME. This agreement is
        penjamin dari HME. Perjanjian ini berlaku hingga              valid until December 31, 2025. Based on
        tanggal 31 Desember 2025. Berdasarkan                         agreement for both parties, the agreement is
        kesepakatan kedua belah pihak, perjanjian                     terminated on December 31, 2024.
        diakhiri pada tanggal 31 Desember 2024.

   l.   Pada tanggal 15 September 2022, Perusahaan               l.   On September 15, 2022, the Company and
        dan PT Indo Bara Pratama (PTIBP)                              PT Indo Bara Pratama (PTIBP) have signed
        menandatangani Kontrak Pekerjaan Jasa                         Mining Services Agreement with a duration of
        Pertambangan dengan durasi pekerjaan selama                   work for 5 years in Kutai Kertanegara Regency,
        5 tahun di Kabupaten Kutai Kertanegara,                       East Kalimantan. The company will provide
        Kalimantan    Timur.   Perusahaan      akan                   mining and project management services.
        menyediakan jasa pertambangan dan project
        management.

        Pada 22 Januari 2025, Perusahaan dan PTIBP                    On January 22, 2025, the Company and PTIBP
        menandatangani Amandeman dan Pernyataan                       signed the Amendment and Restatement of the
        Kembali Kontrak Pekerjaan Jasa Pertambangan,                  Mining Services Contract, as a follow-up to the
        sebagai tindak lanjut dari Perjanjian Novasi                  Novation Agreement where the rights and
        dimana hak dan kewajiban dari PTKBL                           obligations of PTKBL were novated to the
        dinovasikan kepada Perusahaan.                                Company.

   m. Pada tanggal tanggal 31 Mei 2022, Perusahaan,              m. On May 31, 2022, the Company, PT Cipta
      PT Cipta Djaya Selaras Mining (CDSM) dan                      Djaya Selaras Mining (CDSM) and PT Agung
      PT Agung Pratama Mineral (APM) telah                          Pratama Mineral (APM) have signed a Mining
      menandatangani Perjanjian Jasa Pengembangan                   Infrastructure     Development         Services
      Infrastruktur tambang, Perusahaan sebagai                     Agreement, the Company as a contractor will
      kontraktor akan memberikan jasa pengembangan                  provide mining infrastructure development
      infrastruktur tambang dengan durasi pekerjaan                 services with a work duration of 12 months and
      selama 12 bulan dan nilai kontrak sebesar                     a contract value of Rp 55 billion (equivalent to
      Rp 55 miliar (setara dengan US$ 3,8 juta).                    US$ 3.8 million).




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PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

        Pada tanggal 3 Juni 2022, Perusahaan, CDSM                      On June 3, 2022, the Company, CDSM and
        dan APM telah menandatangani Perjanjian Jasa                    APM have signed a Mining Operation Services
        Operasi Penambangan, di mana Perusahaan                         Agreement, whereby the Company will act as a
        akan bertindak sebagai kontraktor untuk kegiatan                contractor for mining operations at the CDSM
        operasi penambangan di lokasi proyek CDSM                       project site provided that the mining operation
        dengan ketentuan tanggal operasi penambangan                    date will commence after all conditions in the
        akan dimulai setelah seluruh kondisi-kondisi                    agreement have occurred. This agreement is
        dalam perjanjian telah terjadi. Perjanjian ini                  valid until July 2026. As of the issuance date of
        berlaku hingga Juli 2026. Sampai dengan tanggal                 the consolidated financial statements, this
        penerbitan laporan keuangan konsolidasian,                      contract is still on further review.
        kontrak ini masih dalam tahap reviu lebih lanjut.

   n.   Pada tanggal 6 Juni 2023 telah diterbitkan LNTP            n.   On June 6, 2023, LNTP has been released by
        dari FMR kepada Perusahaan untuk tambahan                       FMR to Company for the additional work
        paket pekerjaan CM002 - Struktural, Mekanikal,                  package of CM002 - Structural, Mechanical,
        Perpipaan, Elektrikal dan Instrumen untuk Main                  Piping, Electrical and Instrument for Main
        Process Building, Balance of Plant, dan High                    Process Building, Balance of Plant, and High
        Security Building. Nilai total LNTP ini adalah                  Security Building. The total amount of this
        sebesar Rp 356,8 miliar (setara dengan                          LNTP is Rp 356.8 billion (equivalent to
        US$ 21.258 ribu). Nilai dari LNTP ini adalah                    US$ 21,258 thousand). This LNTP value is as
        sebagai bagian dari keseluruhan nilai kontrak dari              part of the whole of contract value of work
        paket pekerjaan tersebut, sebesar Rp 870,6 miliar               package, in the amount of Rp 870.6 billion
        (setara dengan US$ 51.880 thousand) dengan                      (equivalent to US$ 51,880 thousand) with the
        durasi penyelesaian pekerjaan hingga tanggal                    duration for completion of the work up to
        30 Juni 2024.                                                   June 30, 2024.

        Pada tanggal 2 Oktober 2024, Perusahaan telah                   On October 2, 2024, Company has received a
        menerima surat pemberitahuan dari klien                         notification letter from Client stating that
        yang menyatakan bahwa efektif per tanggal                       effective on October 1, 2024, FMR has merged
        1 Oktober 2024 FMR digabungkan ke dalam                         into PTFI.
        PTFI.

        Kontrak ini telah mengalami beberapa kali                       This contract has been amended several times,
        perubahan,      terakhir     pada   tanggal                     the latest was on December 14, 2024, PTFI has
        14 Desember 2024, PTFI telah menerbitkan                        released the document of CO No. 007 to
        dokumen CO No. 007 kepada Perusahaan                            Company with the total value of Rp 20.99 billion
        dengan jumlah nilai sebesar Rp 20,99 miliar                     (equivalent to US$ 1,299 thousand).
        (setara dengan US$ 1.299 ribu).

        Penyelesaian final terhadap kontrak telah                       Final acceptance to the contract has been
        tercapai pada tanggal 9 Juni 2025 dan melalui                   achieved on June 9, 2025, and through CO
        dokumen CO No. 008 terjadi pengurangan                          No. 008. The final contract value is
        terhadap nilai kontrak sebesar Rp 1,6 miliar                    Rp 1.6 billion (equivalent to US$ 95). There is
        (setara dengan US$ 95 ribu). Tidak ada                          no contract renewals related to this contract.
        perpanjangan atas kontrak ini.

   o.   Pada tanggal 17 April 2023, Perusahaan dan                 o.   On April 17, 2023, the Company and PT Kedap
        PT Kedap Sayaaq (KS) menandatangani surat                       Sayaaq (KS) signed the engagement letter for
        perikatan untuk jasa pertambangan.                              mining services.

        Perjanjian ini telah mengalami perubahan                        This agreement has been amended several
        beberapa kali, terakhir amandemen III pada                      times, the latest amendment III was on
        tanggal 29 Oktober 2025, dimana Perusahaan                      October 29, 2025, where the Company and KS
        dan KS telah menandatangani perubahan atas                      signed the amendment of the contract with
        perjanjian tersebut dengan perubahan tarif dan                  rates adjustment and fuel ratio. This agreement
        rasio bahan bakar. Perjanjian ini berlaku hingga                is valid until December 31, 2028.
        31 Desember 2028.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                            – Continued

        Pada tanggal 19 September 2023, Perusahaan                          On September 19, 2023, the Company and
        dan PT Sumberdaya Arindo (SDA) telah                                PT Sumberdaya Arindo (SDA) have signed a
        menandatangani Perjanjian Jasa Operasi                              Mining Operation Services Agreement and has
        Penambangan dan telah mengalami beberapa                            been amended several times, whereby the
        kali perubahan, di mana Perusahaan akan                             Company will act as a contractor for mining
        bertindak sebagai kontraktor untuk kegiatan                         operations at the SDA project site with contract
        operasi penambangan di lokasi proyek SDA                            value Rp 1,090 billion (equivalent to
        dengan nilai kontrak Rp 1.090 miliar (setara                        US$ 70,347 thousand). This agreement is valid
        dengan US$ 70.347 ribu). Perjanjian ini berlaku                     until March 22, 2027.
        hingga 22 Maret 2027.

        Pada tanggal 1 Februari 2024, Perusahaan dan                        On February 1, 2024, the Company and BP
        BP Berau Ltd. telah menandatangani kontrak                          Berau Ltd. entered into contract for Onshore
        untuk Proyek Onshore Early Works Engineering,                       Early Works Engineering, Procurement and
        Procurement and Construction (EPC) untuk                            Construction (EPC) for Ubadari, Tangguh
        Ubadari, Tangguh EGR/CCUS, dan Tangguh                              EGR/CCUS,       and     Tangguh      Onshore
        Onshore Compression (UCC). Nilai kontrak                            Compression (UCC) Project. The contract
        adalah sebesar Rp 4.660 miliar (setara dengan                       value is Rp 4,660 billion (equivalent to
        US$ 277.678 ribu) dengan masa kontrak berlaku                       US$ 277,678 thousand) with contract duration
        mulai dari 1 Februari 2024 sampai dengan                            valid  from    February    1,   2024,   until
        25 November 2025.                                                   November 25, 2025.

   p.   Pada tanggal 5 Juni 2025, Perusahaan dan BP                    p.   On June 5, 2025, the Company and BP Berau
        Berau Ltd. telah menandatangani dokumen                             Ltd. signed Amendment No. 001. Based on
        Perubahan No. 001. Berdasarkan Perubahan                            Amendment No. 001, the contract value
        No. 001 tersebut nilai kontrak bertambah menjadi                    increased to Rp 4,817 billion (equivalent to
        Rp     4.817       miliar     (setara    dengan                     US$ 287,018 thousand) and the contract period
        US$ 287.018 ribu) dan periode kontrak                               was extended until July 24, 2026.
        diperpanjang hingga tanggal 24 Juli 2026.

        Pada tanggal 3 Juli 2024, Perusahaan dan                            On July 3, 2024, the Company and PT Vale
        PT Vale Indonesia Tbk menandatangani                                Indonesia Tbk have signed agreement on
        perjanjian atas Pengadaan dan Konstruksi                            Procurement and Construction on Pomalaa
        Pembangunan Tambang Blok Pomalaa dengan                             Block Mine with contract value amounted
        nilai kontrak sebesar Rp 2,8 triliun (setara dengan                 to     Rp     2.8   trillion (equivalent to
        US$ 167.531 ribu) dengan estimasi durasi proyek                     US$ 167,531 thousand) for estimated project
        selama 24 bulan.                                                    duration of 24 months.

   q.   Pada Tanggal 5 Juni 2024, Perusahaan dan                       q.   On June 5, 2024, the Company and PT Global
        PT Global Bara Mandiri (GBM) menandatangani                         Bara Mandiri (GBM) signed Termsheet for
        Lembar Kesepakatan Jasa Pertambangan                                Mining Services Agreement with estimated
        dengan    estimasi    nilai   kontrak sebesar                       contract value amounted to US$ 230 million for
        US$ 230 juta untuk periode 8 tahun.                                 period of 8 years.

   r.   Pada tanggal 9 Agustus 2024, Perusahaan                     w. r.   On August 9, 2024, the Company and PT Pasir
        dan PT Pasir Bara Prima (PBP) telah                                 Bara Prima (PBP) signed Mining Services
        menandatangani Perjanjian Jasa Pertambangan                         Agreement which valid until the coal reserves in
        yang berlaku hingga cadangan batubara dalam                         Izin Usaha Pertambangan Operasi Produksi
        Izin Usaha Pertambangan Operasi Produksi (“IUP                      (“IUP OP”) and that can be fully extracted along
        OP”) dan yang dapat ditambang habis sepanjang                       life of mine with the total about 52 million
        umur tambang (life of mine) dengan total sekitar                    tonnes, with estimated contract value of
        52 juta ton, dengan estimasi nilai kontrak sebesar                  Rp 17.4 trillion (equivalent to US$ 1.08 billion).
        Rp 17,4 triliun (setara dengan US$ 1,08 miliar).                    This agreement is valid until the coal reserves
        Perjanjian ini berlaku sampai dengan cadangan                       are fully extracted (life of mine).
        batubara yang ditambang habis (life of mine).

        Pada tanggal 2 September 2024, Perusahaan                           On September 2, 2024, the Company and GBM
        dan GBM telah menandatangani Perjanjian Jasa                        signed a Mining Services Agreement for Mining
        Pertambangan    untuk    Kontraktor     Jasa                        Service Contractors with a total volume of
        Pertambangan dengan jumlah volume sebesar                           65    million bcm and a term until
        65 juta bcm dan jangka waktu sampai                                 December 31, 2032.
        31 Desember 2032.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                           – Continued

   s.   Pada tanggal 1 Juli 2024, Perusahaan dan PTFI             x. s.    On July 1, 2024, Company and PTFI have
        telah menandatangani Perjanjian Rental Alat                        signed Heavy Equipment Rental Agreement for
        Berat untuk area Portsite, Amamapare, Papua                        Portsite area, Amamapare, Papua, Indonesia.
        Indonesia. Nilai perjanjian ini adalah sebesar                     The value of this agreement is Rp 8.1 billion
        Rp 8,1 miliar (setara dengan US$ 487 ribu).                        (equivalent to US$ 487 thousand).

   t.   Perjanjian ini telah mengalami perubahan                  y. t.    This agreement has been amended several
        beberapa kali, perubahan terakhir pada tanggal                     times,      the    latest     amendment      on
        6 Oktober 2025, Perusahaan dan PTFI telah                          October 6, 2025, Company and PTFI signed
        menandatangani dokumen CO No. 005. CO ini                          CO No. 005 document. This CO is intended to
        dimaksudkan untuk menambahkan sejumlah                             allow the additional budget amount of
        anggaran      di   dalam    perjanjian  sebesar                    Rp 4.8 billion (equivalent to US$ 286 thousand)
        Rp 4,8 miliar (setara dengan US$ 286 ribu). Total                  to the agreement. The total contract value is
        nilai kontrak menjadi US$ 58,31 miliar (setara                     US$      58.31       billion   (equivalent   to
        dengan US$ 3.474 ribu). Tidak ada perpanjangan                     US$ 3,474 thousand). There is no contract
        kontrak setelah 31 Desember 2025.                                  extension after December 31, 2025.

   u.   Pada tanggal 27 Desember 2024, Perusahaan                 dd. u.   On December 27, 2024, Company and PTFI
        dan PTFI telah menandatangani perjanjian Site                      signed the Agreement of Site Preparation,
        Preparation, Sheet Piling and Firewater. Nilai                     Sheet Piling and Firewater. The value of this
        perjanjian ini sebesar Rp 71,8 miliar (setara                      agreement is Rp 71.8 billion (equivalent to
        dengan US$ 4.278 ribu). Perjanjian ini berlaku                     US$ 4,278 thousand). This agreement shall be
        hingga 15 November 2025.                                           valid up to November 15, 2025.

   v.   Perjanjian ini telah mengalami perubahan                  y. v.    This agreement has been amended several
        beberapa kali, perubahan terakhir pada tanggal                     times,    the      latest    amendment      on
        18 February 2026, Perusahaan dan PTFI telah                        November 18, 2025, Company and PTFI
        menandatangani CO No. 006. CO ini                                  signed CO No. 005. This CO is intended to
        dimaksudkan untuk menambahkan sejumlah                             allow the additional budget amount in the
        anggaran     di   dalam     perjanjian sebesar                     agreement to amount to Rp 174.28 billion
        Rp 174,28 miliar (setara dengan US$ 10,38 juta).                   (equivalent to US$ 10.38 million). The total
        Total nilai kontrak menjadi Rp 459,45 miliar                       contract value is Rp 459.45 billion (equivalent
        (setara dengan US$ 27,37 juta). Perjanjian ini                     to US$ 27.37 million). This agreement has been
        diperpanjang       dan       berlaku    hingga                     extended and valid until September 21, 2027.
        21 September 2027.

   w.   Pada tanggal 8 April 2019, Perusahaan dan PTFI            ii. w.   On April 8, 2019, the Company and
        menandatangani perjanjian Penyediaan Tenaga                        PTFI signed the agreement for Manpower and
        Kerja dan Alat (Corrosion Project) senilai                         Equipment Supply (Corrosion Project) of
        Rp 54,6 miliar (setara dengan US$ 3.250 ribu)                      Rp      54.6       billion    (equivalent to
        dengan estimasi penyelesaian sampai dengan                         US$ 3,250 thousand) with estimation of
        31 Agustus 2020.                                                   completion finish until August 31, 2020.

        Selama bulan Agustus 2020 hingga September                         From August 2020 to September 2025, the
        2025, Perusahaan dan PTFI menandatangani                           Company and PTFI signed several contract
        beberapa perubahan kontrak (Perubahan                              amendments (Amendments No. 001 to
        No. 001 sampai dengan No. 014) sehingga nilai                      No. 014), bringing the current contract value to
        kontrak saat ini menjadi Rp 203,3 miliar (setara                   Rp      203.3      billion   (equivalent      to
        dengan US$ 12.113 ribu) Perjanjian ini berlaku                     US$ 12,113 thousand). This agreement is valid
        hingga 31 Oktober 2026.                                            until October 31, 2026.

   x.   Pada tanggal 26 Februari 2025, Perusahaan,                ll. x.   On February 26, 2025, The Company,
        PT Niaga Jasa Dunia (NJD), dan PT Bara Prima                       PT Niaga Jasa Dunia (NJD), and PT Bara
        Mandiri (BPM) menandatangani Perjanjian Jasa                       Prima Mandiri (BPM) signed an agreement of
        Pertambangan. Perjanjian ini berlaku efektif dari                  Mining Services Agreement. The effective date
        tanggal 5 November 2024 sampai tanggal                             started on November 5, 2024 until
        31 Desember 2032 dengan total OB volume                            December 31, 2032 with total OB volume
        135,5 mbcm dan volume batu bara 7,5 mton,                          135.5 mbcm and Coal volume 7.5 mton, with
        dengan estimasi kontrak sebesar Rp 4,03 triliun                    estimated contract amounted to Rp 4.03 trillion
        (setara dengan US$ 255 juta).                                      (equivalent to US$ 255 million).




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PT PETROSEA Tbk DAN ENTITAS ANAK                                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                – Continued

        Pada tanggal 19 September 2025, Perusahaan,                             On September 19 2025, the Company, NJD,
        NJD dan BPM telah menandatangani perjanjian                             and BPM signed a novation agreement to
        novasi untuk mengalihkan hak dan kewajiban                              transfer NJD's rights and obligations in full to
        NJD sepenuhnya kepada BPM.                                              BPM.

   y.   Pada tanggal 27 Januari 2025, Perusahaan dan                 mm.y.      On January 27, 2025, Company and PTFI
        PTFI telah menandatangani perjanjian General                            signed the Agreement of General Services. The
        Services.   Nilai  perjanjian     ini   sebesar                         value of this agreement is Rp 235.5 billion
        Rp      235,5     miliar    (setara     dengan                          (equivalent to US$ 14,030 thousand). This
        US$ 14.030 ribu). Perjanjian ini berlaku hingga                         Agreement shall be valid up to March 29, 2028.
        29 Maret 2028.

        Perjanjian ini telah mengalami perubahan                     kk.        This   agreement      has     been     amended
        beberapa kali, perubahan terakhir pada tanggal                          several times, the latest amendment on
        8 November 2025, Perusahaan dan PTFI telah                              November 8, 2025, when the Company and
        menandatangani CO No. 004. Total nilai kontrak                          PTFI signed CO No. 004. The current total
        saat ini adalah sebesar Rp 255,6 miliar (setara                         contract value is Rp 255.6 billion (equivalent to
        dengan US$ 15.228 ribu).                                                US$ 15,228 thousand).

   z.   Pada tanggal 7 April 2025, Perusahan dan                           z.   On April 7, 2025, The Company and PT Vale
        PT Vale Indonesia Tbk (PTVI) menandatangani                             Indonesia (PTVI) signed an agreement of
        Perjanjian Jasa Pertambangan. Perjanjian ini                            Mining Services Agreement. The effective date
        berlaku efektif dari tanggal 27 Desember 2024                           started on December 27, 2024 until
        sampai tanggal 31 Desember 2034 dengan                                  December 31, 2034 with estimated contract
        estimasi nilai kontrak sebesar Rp 16 triliun (setara                    value Rp 16 trillion (equivalent to US$ 1 billion).
        dengan US$ 1 miliar).

        Pada tanggal 26 Januari 2026, Perusahan dan                             On January 26, 2026, The Company and PTVI
        PTVI menandatangani perubahan pertama                                   signed the first amendment of the Mining
        Perjanjian Jasa Pertambangan untuk mengubah                             Services Agreement to revise several terms.
        beberapa persyaratan.

   aa. Pada tanggal 14 Juli 2025, Perusahaan dan                           aa. On July 14, 2025, the Company and
       PT Barasentosa Lestari menandatangani Kontrak                           PT Barasentosa Lestari signed a Contract for
       Pekerjaan Jasa Pengupasan dan Pemindahan                                Work Services for Stripping and Removing
       Lapisan Tanah Penutup dengan nilai kontrak                              Layer of Cover with contract value Rp 3.5 trillion
       Rp 3,5 triliun (setara dengan US$ 216 juta).                            (equivalent to US$ 216 million). This agreement
       Perjanjian    ini   berlaku  efektif  dimulai                           is effective from January 1, 2025 to
       dari    1    Januari 2025 sampai dengan                                 December 31, 2029.
       31 Desember 2029.

   bb. Pada tanggal 17 Februari 2025, Perusahaan dan                       bb. On February 17, 2025, the Company and
       PT Wira Insani telah menandatangani kontrak                             PT Wira Insani entered into contract for
       untuk Jasa Shorebase di Sorong dengan masa                              Shorebase Services at Sorong with contract
       kontrak selama 3 tahun sampai dengan                                    duration for 3 years valid until March 31, 2028.
       31 Maret 2028.

   cc. Pada tanggal 1 Desember 2024, Perusahaan dan                        cc. On December 1, 2024, Company and PTFI
       PTFI telah menandatangani Perjanjian Struktural,                        have signed the Agreement of Structural,
       Mekanikal, Perpipaan, Elektrikal dan Instrumen                          mechanical,       Piping,  Electrical   and
       (”SMPEI”) untuk Pabrik Pengoilahan Limbah                               Instrumentation (“SMPEI”) for Ammonia
       Ammonia.       Nilai   perjanjian   ini   sebesar                       Effluent Treatment Plant. The value of this
       Rp 129,9 miliar (setara dengan US$ 7.739 ribu).                         agreement is Rp 129.9 billion (equivalent to
       Perjanjian ini berlaku hingga tanggal 31 Juli 2025.                     US$ 7,739 thousand). This agreement shall be
                                                                               valid up to July 31, 2025.




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PT PETROSEA Tbk DAN ENTITAS ANAK                                      PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                       FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                   ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                      – Continued

       Perjanjian ini telah mengalami perubahan                      This agreement has been amended several
       beberapa kali, perubahan terakhir pada tanggal                times, the latest amendment was on
       1 Februari 2026, Perusahaan dan PTFI telah                    February 1, 2026, Company and PTFI signed
       menandatangani CO No. 006. CO ini                             CO No. 006. This CO is intended to add an
       dimaksudkan untuk menambahkan tambahan                        additional scope and duration work in the
       lingkup dan durasi pekerjaan di dalam perjanjian              agreement amounted to Rp 2.3 billion
       sebesar Rp 2,3 miliar (setara dengan                          (equivalent to US$ 141 thousand). The total
       US$ 141 ribu). Total nilai kontrak menjadi                    contract value is Rp 192.1 billion (equivalent to
       Rp 192,1 miliar (setara dengan US$ 11,4 juta).                US$ 11.4 million).

       Pada tanggal 1 April 2025, Perusahaan dan PTFI                On April 1, 2025, Company and PTFI signed the
       telah menandatangani Perjanjian untuk pekerjaan               agreement of Operation and Maintenance for
       Operasi dan Pemeliharaan di Pabrik Pengolahan                 Ammonia Effluent Treatment Plant. The value
       Limbah Ammonia. Nilai perjanjian ini sebesar                  of this agreement is Rp 13 billion (equivalent to
       Rp 13 miliar (setara dengan US$ 772 ribu).                    US$ 772 thousand). This agreement shall be
       Perjanjian   ini   berlaku    hingga     tanggal              valid up to December 31, 2025. Up to the
       31 Desember 2025. Sampai dengan laporan                       issuance of these consolidated financial
       keuangan     konsolidasian     ini   diterbitkan,             statements, the agreement’s extension is still in
       perpanjangan perjanjian masih dalam proses.                   process. As of the issuance date of this
       Sampai dengan tanggal penerbitan laporan                      consolidated         financial       statements,
       keuangan konsolidasian, manajemen sedang                      management is currently in the process for
       dalam proses perpanjangan atas perjanjian ini.                extension of this agreement.

   dd. Pada tanggal 10 April 2025, Perusahaan dan                dd. On April 10, 2025, the Company and PTFI
       PTFI telah menandatangani perjanjian Batch                    signed the Agreement of Batch Plant Vehicle
       Plant Vehicle Maintenance. Nilai perjanjian ini               Maintenance. The value of this agreement is
       sebesar Rp 17,3 miliar (setara dengan                         Rp       17.3     billion   (equivalent    to
       US$ 1.031 ribu). Perjanjian ini berlaku hingga                US$ 1,031 thousand). This Agreement shall be
       29 Maret 2028.                                                valid up to March 29, 2028.

       Pada tanggal 7 Oktober 2025, Perusahaan dan                   On October 7, 2025, Company and PTFI signed
       PTFI telah menandatangani CO No. 001. CO ini                  CO No. 001 document. This CO is intended to
       dimaksudkan     untuk    menambahkan        nilai             add the value of agreement amounted to
       perjanjian sebesar Rp 2,7 miliar (setara dengan               Rp 2.7 billion (equivalent to US$ 165 thousand).
       US$ 165 ribu).

       Pada tanggal 5 November 2025, Perusahaan dan                  On November 5, 2025, Company and PTFI
       PTFI telah menandatangani CO No. 002. CO ini                  signed CO No. 002. This CO is intended to add
       dimaksudkan     untuk   menambahkan       nilai               the value of agreement amounted to Rp 1 billion
       perjanjian sebesar Rp 1 miliar (setara dengan                 (equivalent to US$ 60 thousand).
       US$ 60 ribu).

   ee. Pada tanggal 20 Januari 2025, Perusahaan dan              ee. On January 20, 2025, the Company and PTFI
       PTFI telah menandatangani Perjanjian Jasa                     signed the Agreement of Construction Support
       Pendukung Konstruksi untuk Relokasi Fasilitas                 Services of KPI Facility Relocation at Portsite
       KPI di Portsite. Nilai perjanjian ini sebesar                 Area. The value of this agreement is
       Rp 41,5 miliar (setara dengan US$ 2.474 ribu).                Rp       41.5      billion   (equivalent     to
       Perjanjian ini berlaku hingga 31 Januari 2026.                US$ 2,474 thousand). This agreement shall
                                                                     be valid up to January 31, 2026.

       Pada tanggal 22 Agustus 2025, Perusahaan dan                  On August 22, 2025, the Company and PTFI
       PTFI telah menandatangani dokumen Perubahan                   signed Amendment No. 001 to the Agreement.
       No. 001 terhadap Perjanjian. Tidak ada                        There is no increase in the value and duration
       penambahan nilai dan durasi perjanjian di dalam               of the agreement under Amendment No. 001.
       Perubahan No. 001 ini.

       Pada tanggal 12 Desember 2025, Perusahaan                     On December 12, 2025, Company and PTFI
       dan PTFI telah menandatangani dokumen                         signed Change Order No. 002 document. This
       Change Order No. 002. Change Order ini                        Change Order is intended to add the value of
       dimaksudkan      untuk    menambahkan       nilai             agreement amounted to Rp 2.8 billion
       perjanjian sebesar Rp 2,8 miliar (setara dengan               (equivalent to US$ 169 thousand) and to
       US$ 169 ribu) dan memperpanjang periode                       extend the period of agreement up to
       perjanjian hingga 31 Oktober 2026.                            October 31, 2026.




                                                           141
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PT PETROSEA Tbk DAN ENTITAS ANAK                                          PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                           FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                       ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                          – Continued

   ff.   Pada tanggal 7 Agustus 2025, Perusahaan dan                ff.   On August 7, 2025, the Company and PTFI has
         PTFI telah menandatangani Perjanjian Konstruksi                  signed the agreement for SAG2 Management
         Manajemen SAG2. Nilai perjanjian ini sebesar                     Construction. The value of this agreement is
         Rp      127,75     miliar     (setara     dengan                 Rp      127.75      billion (equivalent   to
         US$ 7.659 ribu). Perjanjian ini berlaku surut dari               US$ 7,659 thousand). This agreement shall be
         tanggal     31     Agustus       2024      hingga                valid retroactively from August 31, 2024 to
         31 Oktober 2025. Tidak ada perpanjangan                          October 31, 2025. There is no contract
         kontrak setelah 31 Desember 2025.                                extension after December 31, 2025.

   gg. Pada tanggal 4 Juli 2025, Perusahaan dan                     gg. On July 4, 2025, the Company and PT Saipem
       PT Saipem Indonesia telah menandatangani                         Indonesia entered contract for provision of
       kontrak untuk penyediaan basis logistik di Sorong                Sorong logistic base for UCC project.
       untuk proyek UCC. Nilai kontrak adalah sebesar                   The contract value is Rp 32 billion (equivalent
       Rp 32 miliar (setara dengan US$ 1,9 juta) dengan                 to US$ 1.9 million) with contract duration for
       masa kontrak selama 2,5 tahun sampai dengan                      2.5 years valid until January 31, 2028, with
       31 Januari 2028, dengan opsi perpanjangan                        option to extend 6 months after the contract
       6 bulan setelah durasi kontrak.                                  duration.

   hh. Pada tanggal 4 Desember 2025, Perusahaan dan                 hh. On December 4, 2025, the Company and Reko
       Reko Diq Mining Company (Private) Limited                        Diq Mining Company (Private) Limited
       (“RDMC”) telah menandatangani Perjanjian                         (“RDMC”) signed the agreement for Detailed
       Detailed Earthworks senilai US$ 17,5 juta dengan                 Earthworks with the amount of US$ 17.5 million
       target penyelesaian pekerjaan pada 17 Juli 2026.                 with the target for completion dated on
                                                                        July 17, 2026.

   ii.   Pada tanggal 12 Desember 2025, Perusahaan                  ii.   On December 12, 2025, the Company and
         dan PTFI telah menandatangani kontrak                            PTFI entered construction contract in Sorong.
         konstruksi di Sorong. Nilai kontrak adalah                       The contract value is Rp 15 billion (equivalent
         sebesar Rp 15 miliar (setara dengan                              to US$ 0.9 million) with contract duration for
         US$ 0,9 juta) dengan masa kontrak selama                         1.5 years valid until June 30, 2027.
         1,5 tahun sampai dengan 30 Juni 2027.

   jj.   Pada tanggal 10 Agustus 2024, SBPL dengan                  jj.   On August 10, 2024, SBPL entered an
         Linde Gas Singapore Pte., Ltd. telah                             engagement letter with Linde Gas Singapore
         menandatangani kontrak konstruksi. Kontrak ini                   Pte., Ltd. for the provision of construction
         memiliki tanggal efektif per 15 September 2024                   services. The contract became effective on
         dengan          tanggal       berakhir      pada                 September 15, 2024 and remained in force until
         30 November 2025. Nilai kontrak awal secara                      November 30, 2025. The original lump-sum
         lump sum adalah SG$ 1,3 juta (setara dengan                      contract value was SG$ 1.3 million (equivalent
         US$ 1 juta). Pada tanggal 31 Desember 2025,                      to US$ 1 million). As at December 31, 2025, the
         nilai kontrak final melebihi SG$ 1,8 juta (setara                final contract value exceeded SG$ 1.8 million
         dengan US$ 1,4 juta) dikarenakan terdapat                        (equivalent to US$ 1.4 million), reflecting
         variasi selama masa periode kontrak.                             approved variations during the contract period.

   kk. Pada tanggal 1 Januari 2025, SBPL dengan                     kk. On January 1, 2025, SBPL entered into a
       ACEPL telah menandatangani kontrak konstruksi                    services agreement with ACEPL with a contract
       dengan nilai sebesar SG$ 40 juta (setara dengan                  value of SG$ 40 million (equivalent to
       US$ 31,1 juta). Masa periode kontrak awal                        US$ 31.1 million). The agreement was initially
       adalah sampai tanggal 31 Desember 2026.                          valid until December 31, 2026.

         Pada tanggal 4 Agustus 2025, kedua belah pihak                   On August 4, 2025, both parties executed
         telah menandatangani Perubahan No. 4 atas                        Amendment No. 4 to the services agreement,
         kontrak konstruksi. Perjanjian ini efektif sampai                pursuant to which the contractual period was
         dengan tanggal 31 Desember 2027 dan akan                         extended to December 31, 2027, with a further
         diperpanjang selama 12 bulan, dan akan                           extension of 12 months. Accordingly, the
         berlangsung sampai 31 Desember 2028.                             agreement shall remain in force until December
                                                                          31, 2028.




                                                              142
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PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

   ll.   Pada tanggal 5 Juli 2024, SBPL dengan                         ll.   On July 5, 2024, SBPL entered into a service
         Singapore Refining Company Pte., Ltd. telah                         agreement with Singapore Refining Company
         menandatangani kontrak servis. Kontrak ini                          Pte., Ltd. with an original contract value of
         memiliki nilai kontrak awal sebesar SG$ 2,88 juta                   SG$       2.88      million    (equivalent    to
         (setara dengan US$ 2,2 juta), dan sudah                             US$     2.2    million). The contract was
         terselesaikan      servisnya    pada       tanggal                  completed on October 3, 2025. As at
         3      Oktober        2025.     Pada       tanggal                  December 31, 2025, the final contract value
         31 Desember 2025, nilai kontrak adalah                              amounted to SG$ 3.7 milion (equivalent to
         SG$ 3,7 juta (US$ 2,8 juta) dan telah difinalisasi.                 US$ 2.8 million), and the contract has been fully
                                                                             performed and finalised.

  mm. Pada tanggal 1 Juli 2023, HVC telah                              mm. On July 1, 2023, HVC, entered into a Plant and
      menandatangani kontrak Plant and Equipment                           Equipment Wet Hire contract with Morobe
      Wet Hire dengan Morobe Consolidated Goldfields                       Consolidated Goldfields Ltd. The contract
      Ltd. Kontrak ini yang terdiri dari Mining Support                    consists of Mining Support Services and
      Services dan Crushing pada fasilitas Hamala.                         Crushing at the Hamala facility. The contract is
      Masa berlaku kontrak ini sampai dengan                               valid until June 30, 2028.
      30 Juni 2028.

   nn. Pada tanggal 1 November 2024, entitas anak                      nn. On November 1, 2024, the Company’s
       Perusahaan, HBS, menandatangani kontrak                             subsidiary, HBS, entered into a Provision of
       Penyediaan Jasa Pendukung Pertambangan                              Mining Support Services contract with Lihir
       dengan Lihir Gold Limited, yang meliputi Mobile                     Gold Limited, which consists of Mobile Light
       Light Plant, Mine Crushing and Screening, serta                     Plant, Mine Crushing and Screening, and Mine
       Mine Ancillary Services. Kontrak tersebut berada                    Ancillary Services. The contract is under the
       di bawah Evergreen Master Agreement dengan                          Evergreen Master Agreement with life-of-mine
       jangka waktu selama umur tambang.                                   period.

   rr.   Pada tanggal 1 Desember 2023, anak                            oo. On December 1, 2023, the Company’s
         Perusahaan, HBS, telah menandatangani                             subsidiary, HBS, entered into an Equipment
         Equipment Hire Agreement dengan Simberi Gold                      Hire Agreement with Simberi Gold Company
         Company Ltd. Kontrak ini bertujuan untuk                          Ltd. The purpose of this contract is to supply,
         menyediakan, mengoperasikan, dan memelihara                       operate, and maintain several heavy vehicles
         sejumlah alat berat untuk kegiatan pengangkutan                   for material haulage activities at the mine site.
         material di area tambang. Masa berlaku kontrak                    The contract is valid until June 30, 2026.
         ini sampai dengan 30 Juni 2026.

   pp. Berdasarkan         Perjanjian   Fasilitas   Kredit             pp. Based       on   Credit   Facility    Agreement
       No.      CRO.JKG/         134/KMK/2014     tanggal                  No.         CRO.JKG/134/KMK/2014           dated
       1 September 2014, PTHDK memperoleh fasilitas                        September 1, 2014, the Company obtained
       KMK dan Sublimit Bank Garansi dari Mandiri.                         KMK and Bank Guarantee Sublimit Facility from
       Perjanjian ini mengalami beberapa kali                              Mandiri. This agreement has been amended for
       perubahan, terakhir dengan surat Perubahan                          several times, the latest Addendum of Credit
       Perjanjian Kredit Adendum XIX No. CROJKG/                           Facility      Agreement      addendum        XIX
       134/KMK/2014 tanggal 23 Juli 2025. Perjanjian                       No.         CRO.JKG/134/KMK/2014           dated
       fasilitas kredit ini berlaku sampai dengan tanggal                  July 23, 2025. This credit facility agreement is
       31 Agustus 2026 dengan batas maksimum                               valid until August 31, 2026 with maximum credit
       pinjaman sebesar Rp 60 miliar (setara                               limit amounted to Rp 60 billion (equivalent to
       US$ 3,57 juta).                                                     US$ 3.57 million).

         Berdasarkan      Perjanjian    Fasilitas      Kredit                Based       on   Credit    Facility   Agreement
         No.       WCO.BKS/2088/KMK/2023             tanggal                 No.        WCO.BKS/2088/KMK/2023            dated
         23 November 2023, Perusahaan memperoleh                             November 23, 2023, the Company obtained
         fasilitas KMK dari Mandiri. Perjanjian ini telah                    KMK credit Facility from Mandiri. This
         mengalami beberapa kali perubahan, terakhir                         agreement has been amended for several
         dengan surat Perubahan Perjanjian Kredit                            times, the latest Addendum of Credit Facility
         Addendum III No. WCO.BKS/2088/ KMK/2023                             Agreement addendum III No. WCO.BKS/2088/
         tanggal 23 Juli 2025. Perjanjian fasilitas kredit ini               KMK/2023 dated July 23, 2025. This credit
         berlaku sampai dengan tanggal 31 Agustus 2026                       facility agreement is valid until August 31, 2026
         dengan batas maksimum pinjaman sebesar                              with maximum credit limit amounted to
         Rp 20 miliar (setara dengan U$ 1,19 juta).                          Rp 20 billion (equivalent to US$ 1.19 million).




                                                                 143
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PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

         Berdasarkan Perjanjian Fasilitas Kredit No. CDO.                    Based       on   Credit    Facility   Agreement
         JKG/127/NCL/2015 tanggal 18 November 2015,                          No.         CDO.JKG/127/NCL/2015            dated
         Perusahaan memperoleh fasilitas bank garansi                        November 18, 2015, the Company obtained
         dari Mandiri. Perjanjian ini telah mengalami                        bank guarantee credit Facility from Mandiri.
         beberapa kali perubahan, terakhir dengan surat                      This agreement has been amended for several
         Perubahan Perjanjian Kredit Addendum XVI                            times, the latest Addendum of Credit Facility
         No.        CDO.JKG/127/BCL/2015               tanggal               Agreement addendum III No. CDO.JKG/
         23 Juli 2025. Perjanjian fasilitas kredit ini berlaku               127/BCL/2015 dated July 23, 2025. This credit
         sampai dengan tanggal 31 Agustus 2026 dengan                        facility agreement is valid until August 31, 2026
         batas maksimum pinjaman sebesar Rp 73 miliar                        with maximum credit limit amounted to
         (setara dengan US$ 4,35 juta).                                      Rp 73 billion (equivalent to US$ 4.35 million).

         Sampai dengan tanggal 31 Desember 2025,                             Until December 31, 2025, PTHDK utilized only
         PTHDK hanya menggunakan fasilitas sublimit                          the bank guarantee sublimit facility amounted to
         bank garansi sebesar Rp 29 juta (setara dengan                      Rp 29 million (equivalent to US$ 1,770) and
         US$ 1.770) dan fasilitas bank garansi sebesar                       bank    guarantee     facility   amounted     to
         Rp 34 juta setara dengan (US$ 2.079).                               Rp 34 million (equivalent to US$ 2,079).

   qq. SBPL telah memperoleh fasilitas perdagangan                     qq. SBPL has obtained trade facilities from United
       dari United Overseas Bank Limited (UOB).                            Overseas Bank Limited (UOB). The facilities
       Fasilitas tersebut didenominasikan dalam SGD                        are denominated in SGD and may be utilised
       dan dapat digunakan untuk penerbitan jaminan                        for the issuance of performance guarantees,
       pelaksanaan (performance guarantee), bank                           banker’s guarantees and letters of credit.
       garansi, dan letter of credit (L/C).

         Total batas fasilitas perdagangan adalah sebesar                    The total trade facility limit is US$ 2 million. As
         US$ 2 juta. Pada tanggal 31 Desember 2025,                          at December 31, 2025, no utilisation has been
         belum terdapat penggunaan atas fasilitas ini.                       made under this facility.

         Selain itu, SBPL memiliki fasilitas valuta asing                    In addition, SBPL maintains a foreign exchange
         dengan UOB sebesar SG$ 3 juta (setara dengan                        facility with UOB amounting to US$ 3 million
         US$ 2 juta), yang dapat digunakan untuk lindung                     (equivalent to US$ 2 million), which may be
         nilai (hedging) eksposur valuta asing dengan                        utilised for foreign exchange hedging
         jangka waktu hingga enam bulan. Pada tanggal                        exposures with tenors of up to six months. As
         31 Desember 2025, tidak terdapat penggunaan                         at December 31, 2025, there is no utilisation
         atas fasilitas ini.                                                 under this facility.

   rr.   SBPL memiliki fasilitas perdagangan dengan                    rr.   SBPL maintains trade facilities with Oversea-
         Oversea-Chinese Banking Corporation Limited                         Chinese      Banking      Corporation      Limited
         (OCBC). Fasilitas tersebut didenominasikan                          (“OCBC”). The facilities are denominated in
         dalam SGD dan dapat digunakan untuk                                 SGD and may be utilised for the issuance of
         penerbitan performance bond, bank garansi, dan                      performance bonds, banker’s guarantees and
         letter of credit (L/C). Total batas fasilitas                       letters of credit. The total trade facility limit is
         perdagangan adalah sebesar SG$ 2 juta (setara                       SG$ 2 million (equivalent to US$ 2 million).
         dengan US$ 2 juta). Pada tanggal 31 Desember                        As at December 31, 2025, utilisation amounted
         2025, penggunaan fasilitas tercatat sebesar                         to SG$ 84 thousand (equivalent to
         SG$ 84 ribu (setara dengan US$ 68 ribu), dengan                     US$ 68 thousand), with available headroom of
         sisa plafon yang tersedia sebesar SG$ 2 juta                        SG$ 2 million (equivalent to US$ 2 million). The
         (setara dengan US$ 2 juta). Bank garansi yang                       existing    bank     guarantee      expires      on
         saat ini berlaku akan jatuh tempo pada                              July 4, 2026.
         4 Juli 2026.

         Selain itu, SBPL memiliki fasilitas valuta asing                    In addition, SBPL maintains a foreign exchange
         dengan OCBC sebesar SG$ 1,5 juta (setara                            facility with OCBC amounting to SG$ 1.5 million
         dengan US$ 1 juta), yang dapat digunakan untuk                      (equivalent to US$ 1 million), which may be
         kontrak forward dan swap valuta asing dengan                        utilised for forward contracts and Foreign
         jangka waktu hingga enam (6) bulan. Pada                            Exchange swaps of up to six (6) months. As at
         tanggal 31 Desember 2025, tidak terdapat                            December 31, 2025, there is no utilisation
         penggunaan atas fasilitas ini.                                      under this facility.




                                                                 144
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                            – Continued

43. ASET DAN LIABILITAS MONETER DALAM MATA                                        43. MONETARY    ASSETS                    AND  LIABILITIES
    UANG SELAIN MATA UANG NON-FUNGSIONAL                                              DENOMINATED     IN                     NONFUNCTIONAL
                                                                                      CURRENCIES

   Pada tanggal 31 Desember 2025 dan 2024, Grup                                      On December 31, 2025 and 2024, the Group had
   mempunyai aset dan liabilitas moneter dalam mata                                  monetary assets and liabilities in currencies other
   uang selain mata uang Dolar Amerika Serikat sebagai                               than U.S. Dollar as follows:
   berikut:
                                          31 Desember 2025/ December 31, 2025      31 Desember/ December 31, 2024
                                                                     Setara                               Setara
                                                                 dengan US$                           dengan US$
                                             Mata uang lain     (dalam ribuan)/     Mata uang lain   (dalam ribuan)/
                                             (dalam ribuan)/       Equivalent       (dalam ribuan)/     Equivalent
                                           Other currencies          in US$        Other currencies       in US$
                                             (in thousand)       (in thousand)      (in thousand)     (in thousand)

   Aset Moneter                                                                                                        Monetary Assets
   Kas dan setara kas                                                                                                  Cash and cash equivalents
      Rupiah                                     746.278.758            44.471         870.759.289           53.900      Rupiah
      Dolar Singapura                                  4.624             3.601                  26                19     Dollar Singapura
      Kina Papua Nugini                                3.236               761                   -                 -     Kina Papua New Guinean
      Dolar Australia                                    115                77                 168              105      Dollar Australia
      Euro                                                20                17                  13                14     Euro
      Dolar Kepulauan Salomon                              8                 1                   -              -        Solomon Islands Dollar
   Rekening bank dibatasi
      penggunaannya                                                                                                    Restricted cash in banks
      Rupiah                                     367.649.869            21.907         135.605.816            8.394       Rupiah
   Aset keuangan lainnya                                                                                               Other financial asset
      Rupiah                                     542.327.112            32.316          49.983.845            3.094       Rupiah
   Piutang usaha - bersih                                                                                              Trade accounts receivable - net
      Rupiah                                   4.350.826.562           269.201       2.550.129.241          157.853       Rupiah
      Kina Papua Nugini                               10.403             2.446                   -                -       Kina Papua New Guinean
      Dollar Australia                                   210               313                   -                -       Australian Dollar
   Piutang lain-lain                                                                                                   Other receivables
      Rupiah                                      90.337.506             5.383          38.513.732            2.384       Rupiah
      Kina Papua Nugini                               18.394             4.325                   -                -       Kina Papua New Guinean
   Pajak dibayar dimuka                                                                                                Prepaid taxes
      Rupiah                                     906.848.934            54.037         325.589.661           20.154       Rupiah
      Kina Papua Nugini                                7.277             1.711                  -               -         Kina Papua New Guinean
   Klaim pengembalian pajak                                                                                            Claims for tax refund
      Rupiah                                     428.511.588            25.534          15.411.955              954       Rupiah

   Jumlah Aset Moneter                                                 466.101                              246.871    Total Monetary Assets

   Liabilitas Moneter                                                                                                  Monetary Liabilities
   Utang usaha                                                                                                         Trade accounts payable
      Rupiah                                   4.197.933.390           250.145       1.665.896.607          103.119       Rupiah
      Kina Papua Nugini                               36.728             8.636                   -                -       Kina Papua New Guinean
      Dolar Australia                                  1.370               919               1.650            1.029       Australian Dollar
      Euro                                                14                12                  43               45       Euro
      Dolar Singapura                                     33                26                   1                1       Singapore Dollar
   Utang lain-lain                                                                                                     Other payables
      Rupiah                                     210.429.498            12.539          11.890.145              736       Rupiah
      Kina Papua Nugini                                2.071               487                   -                -       Kina Papua New Guinean
   Utang dividen                                                                                                       Dividends payable
      Rupiah                                      15.993.246               953          14.200.323              879       Rupiah
   Utang pajak                                                                                                         Taxes payable
      Rupiah                                      84.463.806             5.033          37.964.459            2.350       Rupiah
      Kina Papua Nugini                               10.883             2.559                   -                -       Kina Papua New Guinean
   Beban yang masih harus
      dibayar                                                                                                          Accrued expenses
      Rupiah                                     262.504.044            15.642         364.555.735           22.566      Rupiah
      Kina Papua Nugini                                3.862               908                   -                -      Kina Papua New Guinean
   Pinjaman jangka panjang pihak ketiga                                                                                Long-term loan third parties
      Rupiah                                   8.190.354.408           488.045       2.404.313.409          148.827      Rupiah
      Kina Papua Nugini                               99.208            23.327                   -                -      Kina Papua New Guinean
   Utang obligasi                                                                                                      Bonds payable
      Rupiah                                   1.945.705.080           115.940         994.684.976           61.571      Rupiah
   Utang sukuk                                                                                                         Sukuk payable
      Rupiah                                     963.840.606            57.433         496.381.260           30.726      Rupiah
   Liabilitas imbalan pasca kerja                                                                                      Employee benefits obligation
      Rupiah                                     566.392.500            33.750         456.833.603           28.278      Rupiah
   Liabilitas jangka panjang lainnya                                                                                   Other long-term liabilities
      Rupiah                                      15.775.080               940           5.088.853              315      Rupiah
      Kina Papua Nugini                               24.739             5.817                   -                -      Kina Papua New Guinean

   Jumlah Liabilitas Moneter                                         1.023.111                              400.442    Total Monetary Liabilities

   Liabilitas Moneter Bersih                                          (557.010)                            (153.571)   Net Monetary Liabilities




                                                                        145
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                     PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                     NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                      FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                  ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                     – Continued

   Pada tanggal 31 Desember 2025 dan 2024, kurs                                                             On December 31, 2025 and 2024, the conversion
   konversi yang digunakan Perusahaan serta kurs yang                                                       rates used by the Group and the prevailing rates at
   berlaku pada tanggal 2 Maret 2026 adalah sebagai                                                         March 2, 2026 are as follows:
   berikut:
                                                               2 Maret/                  31 Desember/               31 Desember/
                                                               March 2,                  December 31,               December 31,
   Mata Uang                                                     2026                        2025                       2024                 Currency
                                                                 US$                         US$                        US$

   Rupiah (Rp) 1.000                                                     0,0596                      0,0596                    0,0619        Rupiah (Rp) 1,000
   Dolar Australia (AU$) 1                                               0,7124                      0,6707                    0,6238        Australian Dollar (AU$) 1
   Dolar Singapura (SG$) 1                                               0,7907                      0,7787                    0,7375        Singapore Dollar (SG$) 1
   Euro (EUR) 1                                                          1,1816                      1,1771                    1,0427        Euro (EUR) 1
   Papua New Guinea Kina (K) 1                                           0,2292                      0,2351                    0,0000        Papua New Guinea Kina (K) 1
   Dolar Kepulauan Salomon (SB$) 1                                       0,1249                      0,1235                    0,0000        Solomon Island Dollar (SB $) 1


44. INSTRUMEN KEUANGAN, MANAJEMEN RISIKO                                                              44. FINANCIAL INSTRUMENTS, FINANCIAL RISK
    KEUANGAN DAN MODAL MANAJEMEN                                                                          AND CAPITAL MANAGEMENTS

   a.   Kategori dan kelas instrumen keuangan                                                                a.     Categories and                        classes           of        financial
                                                                                                                    instruments
                                                       Aset keuangan      Aset keuangan                           Liabilitas keuangan
                                                         pada biaya       pada nilai wajar         Liabilitas        pada nilai wajar
                                                          perolehan       melalui laba rugi/      pada biaya        melalui laba rugi/
                                                       perolehan yang     Financial assets      perolehan yang      Financial liability
                                                        diamortisasi/       at fair value        diamortisasi/        at fair value
                                                       Financial asset         through             Liabilities            through
                                                        at amortized        profit or loss       at amortized         profit or loss      Liabilitas sewa/
                                                            cost              (FVTPL)                 cost               (FVTPL)          Lease liabilities
                                                           US$'000            US$'000              US$'000               US$'000             US$'000
        31 Desember 2025                                                                                                                                      December 31, 2025
        Aset Keuangan Lancar                                                                                                                                  Current Financial Assets
        Bank dan setara kas                                    71.977                   -                    -                        -                  -    Cash in banks and cash equivalent
        Rekening bank dibatasi penggunaannya                   26.540                   -                    -                        -                  -    Restricted cash in banks
        Aset keuangan lainnya                                       -              32.316                    -                        -                  -    Other financial asset
        Piutang usaha                                                                                                                                         Trade accounts receivable
          Pihak berelasi                                      69.790                     -                   -                        -                  -      Related parties
          Pihak ketiga                                       195.922                     -                   -                        -                  -      Third parties
        Piutang lain-lain - pihak ketiga                       8.696                     -                   -                        -                  -    Other accounts receivable - third parties
        Aset lancar lainnya                                      725                     -                   -                        -                  -    Other current assets

        Aset Keuangan Tidak Lancar                                                                                                                            Non Current Assets
        Piutang jangka panjang                                                                                                                                Long-term receivable
          Piutang karyawan                                        268                    -                   -                        -                  -      Receivable from employee
          Pihak ketiga                                         12.538                    -                   -                        -                  -      Third parties
        Rekening bank dibatasi penggunaannya                    4.719                    -                   -                        -                  -    Restricted cash in banks
        Jumlah                                               391.175               32.316                    -                        -                  -    Total

        Liabilitas Keuangan Jangka Pendek                                                                                                                     Current Financial Liabilities
        Utang bank                                                   -                   -              33.572                        -                  -    Bank loans
        Utang usaha                                                                                                                                           Trade accounts payable
           Pihak berelasi                                            -                   -               6.574                        -                  -      Related parties
           Pihak ketiga                                              -                   -             277.067                        -                  -      Third parties
        Utang lain-lain - pihak ketiga                               -                   -              13.026                        -                  -    Other accounts payable - third parties
        Utang dividen                                                -                   -                 953                        -                  -    Dividends payable
        Beban yang masih harus dibayar                               -                   -              16.550                        -                  -    Accrued expenses
        Liabilitas jangka panjang yang                                                                                                                        Current maturities of long-term
           jatuh tempo dalam satu tahun:                                                                                                                         liabilities:
           Pinjaman jangka panjang pihak ketiga                      -                   -              47.871                        -                 -        Long-term loan third parties
           Liabilitas sewa                                           -                   -                   -                        -            13.412        Lease liabilities
           Utang obligasi                                            -                   -                 400                        -                 -        Bonds payable
           Utang sukuk ijarah                                        -                   -                 194                        -                 -        Sukuk ijarah payable

        Liabilitas Keuangan Jangka Panjang                                                                                                                    Non-current Financial Liabilities
        Liabilitas jangka panjang lainnya                            -                   -               6.756                        -                  -    Other long-term liabilities
        Liabilitas jangka panjang setelah dikurangi                                                                                                           Long-term liabilities - net of current
           bagian yang jatuh tempo dalam satu tahun:                                                                                                             maturities:
           Liabilitas sewa                                           -                   -                   -                      -              24.116        Lease liabilities
           Pinjaman jangka panjang - pihak ketiga                    -                   -             557.210                      -                   -        Long-term loans - third parties
           Utang obligasi                                            -                   -             115.540                      -                   -        Bonds payable
           Utang sukuk ijarah                                        -                   -              57.239                      -                   -        Sukuk ijarah payable
           Liabilitas jangka panjang lainnya                         -                   -                   -                  5.356                   -        Other long-term liabilities
        Jumlah                                                       -                   -           1.132.952                  5.356              37.528     Total




                                                                                               146
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                               PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                            ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                               – Continued

                                                       Aset keuangan
                                                         pada biaya          Liabilitas
                                                          perolehan         pada biaya
                                                       perolehan yang     perolehan yang
                                                        diamortisasi/      diamortisasi/
                                                       Financial asset       Liabilities
                                                        at amortized       at amortized          Liabilitas sewa/
                                                            cost                cost             Lease liabilities
                                                          US$'000              US$'000              US$'000

        31 Desember 2024                                                                                             December 31, 2024
        Aset Keuangan Lancar                                                                                         Current Financial Assets
        Bank dan setara kas                                  114.892                       -                    -    Cash in banks and cash equivalent
        Rekening bank dibatasi penggunaannya                   7.739                       -                    -    Restricted cash in banks
        Aset keuangan lainnya                                  3.094                       -                    -    Other financial asset
        Piutang usaha                                                                      -                         Trade accounts receivable
          Pihak berelasi                                      35.878                       -                    -      Related parties
          Pihak ketiga                                       132.044                       -                    -      Third parties
        Piutang lain-lain - pihak ketiga                       1.936                       -                    -    Other accounts receivable - third parties
        Aset lancar lainnya                                    4.344                       -                    -    Other current assets

        Aset Keuangan Tidak Lancar                                                                                   Non Current Assets
        Piutang jangka panjang                                                                                       Long-term receivable
          Piutang karyawan                                        444                      -                    -      Receivable from employee
          Pihak ketiga                                         12.831                      -                    -      Third parties
        Rekening bank dibatasi penggunaannya                    4.416                      -                    -    Restricted cash in banks

        Jumlah                                               317.618                       -                    -    Total

        Liabilitas Keuangan Jangka Pendek                                                                            Current Financial Liabilities
        Utang bank                                                   -             34.121                       -    Bank loans
        Utang usaha                                                                                                  Trade accounts payable
           Pihak berelasi                                            -              1.664                       -      Related parties
           Pihak ketiga                                              -            118.186                       -      Third parties
        Utang lain-lain - pihak ketiga                               -                736                       -    Other accounts payable - third parties
        Utang dividen                                                -                879                       -    Dividends payable
        Beban yang masih harus dibayar                               -             22.566                       -    Accrued expenses
        Liabilitas jangka panjang yang                                                                               Current maturities of long-term
           jatuh tempo dalam satu tahun:                                                                                liabilities:
           Liabilitas sewa                                           -                  -                  7.741        Lease liabilities
           Pinjaman jangka panjang pihak ketiga                      -             13.790                      -        Long-term loan third parties
           Utang obligasi                                            -              3.175                      -        Bonds payable
           Utang sukuk ijarah                                        -              2.172                      -        Sukuk ijarah payable

        Liabilitas Keuangan Jangka Panjang                                                                           Non-current Financial Liabilities
        Liabilitas jangka panjang lainnya                            -                   315                    -    Other long-term liabilities
        Liabilitas jangka panjang setelah dikurangi                                                                  Long-term liabilities - net of current
           bagian yang jatuh tempo dalam satu tahun:                                                                    maturities:
           Liabilitas sewa                                           -                  -                 12.960        Lease liabilities
           Pinjaman jangka panjang - pihak ketiga                    -            236.776                      -        Long-term loans - third parties
           Utang obligasi                                            -             58.396                      -        Bonds payable
           Utang sukuk ijarah                                        -             28.554                      -        Sukuk ijarah payable

        Jumlah                                                       -            521.330                 20.701     Total


        Aset keuangan biaya perolehan yang diamortisasi                                        Financial assets at fair value through profit or
        seluruhnya merupakan aset yang dimiliki untuk                                          loss are held-for-trading assets.
        diperdagangkan.

   b.   Tujuan dan          kebijakan       manajemen           risiko               b.        Financial risk management objectives and
        keuangan                                                                               policies

        Tujuan dan kebijakan manajemen risiko keuangan                                         The Group’s overall financial risk management
        Grup adalah untuk memastikan bahwa sumber                                              and policies seek to ensure that adequate
        daya keuangan yang memadai tersedia untuk                                              financial resources are available for the
        operasi dan pengembangan bisnis, serta untuk                                           operation and development of its business,
        mengelola risiko mata uang asing, tingkat bunga,                                       while managing the exposure to foreign
        kredit dan risiko likuiditas. Grup beroperasi                                          exchange risk, interest rate risk, credit and
        dengan pedoman yang telah ditentukan oleh                                              liquidity risks. The Group operates within
        Dewan Direksi.                                                                         defined guidelines that are approved by the
                                                                                               Board of Directors.




                                                                         147
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PT PETROSEA Tbk DAN ENTITAS ANAK                                PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                 FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                             ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                – Continued

      Dewan Komisaris Grup telah membentuk Komite              The Board of Commissioners of the Group has
      Manajemen Risiko yang bertugas membantu                  appointed a Risk Management Committee to
      Dewan Komisaris Grup menetapkan kebijakan                assist the Board of Commissioners in
      dan prosedur pengelolaan risiko Grup, serta              determining the policies and procedures of the
      memastikan bahwa telah dilakukan penilaian               Group’s risk management and to ensure that all
      yang mendalam terhadap semua transaksi dan               transactions and acts taken by the Group with
      tindakan yang dilakukan oleh Grup yang                   risk have been reviewed profoundly and also to
      berpotensi mengandung risiko serta memberikan            give recommendations on the action taken to
      rekomendasi mengenai tindakan yang perlu                 reduce the risk.
      diambil untuk mengurangi risiko tersebut.

      i.   Manajemen risiko mata uang asing                    i.   Foreign currency risk management

           Grup menghadapi risiko fluktuasi nilai tukar             The Group is exposed to the effect of
           mata uang asing. Meskipun mata uang                      foreign     currency     exchange      rate
           fungsional Grup adalah Dolar Amerika                     fluctuations. Although the functional
           Serikat, ada beberapa transaksi yang                     currencies of the Group is the U.S. Dollar,
           menggunakan mata uang selain Dolar                       there are transactions denominated in
           Amerika      Serikat, terutama      Rupiah               currencies other than U.S. Dollar, mainly in
           khususnya biaya operasional.          Risiko             Rupiah      particularly   the    operating
           fluktuasi terhadap Dolar Australia, Dolar                expenses. The Group’s exposure to
           Singapura, Euro, Kina Papua Nugini, dan                  exchange rate fluctuations on Australian
           Dolar Kepulauan Solomon adalah tidak                     Dollar, Singapore Dollar, Euro, Kina Papua
           material.                                                New Guinean, and Solomon Island Dollar
                                                                    is immaterial.

           Grup memegang kas dan setara kas dalam                   The Group also holds cash and cash
           mata uang selain Dolar Amerika Serikat                   equivalents denominated in currencies
           untuk modal kerja.                                       other than the U.S. Dollar for working
                                                                    capital.

           Grup mengelola eksposur terhadap mata                    The Group manages exposure to foreign
           uang asing, terutama Rupiah dengan                       currency risk, especially Rupiah by
           mencocokkan, sebisa mungkin, penerimaan                  matching, as far as possible, receipts and
           dan pembayaran dalam masing-masing                       payments in each individual currency. The
           individu mata uang. Jumlah eksposur mata                 Group’s net opens foreign currency
           uang bersih Grup pada tanggal pelaporan                  exposure as of reporting date is disclosed
           diungkapkan dalam Catatan 43.                            in Note 43.

           Sensitivitas pada Grup pada tahun yang                   The Group’s sensitivity for the year
           berakhir 31 Desember 2025 sebesar 1,18%                  ended on December 31, 2025 is 1.18%
           (2024: 2,31%), meningkat atau menurun                    (2024:      2.31%),   respectively,    the
           dalam Dolar Amerika Serikat terhadap mata                increase or decrease in the U.S. Dollar
           uang Rupiah menghasilkan peningkatan atau                against Rupiah would result in increase
           penurunan sebesar US$ 3.727 ribu                         or       decrease       amounted         to
           (2024: US$ 3.426 ribu) pada laba atau rugi               US$        3,727    thousand        (2024:
           sebelum pajak.                                           US$ 3,426 thousand), in profit or loss
                                                                    before tax.

           1,95%, 1,80%, 3,99%, 2,07% dan 1,16%                     1.95%, 1.80%, 3.99%, 2.07% and 1.16% is
           adalah tingkat sensitivitas yang digunakan               the sensitivity rates used when reporting
           ketika melaporkan secara internal risiko mata            foreign currency risk internally to key
           uang asing kepada para karyawan kunci, dan               management personnel and represent
           merupakan penilaian manajemen terhadap                   management's       assessment     of   the
           perubahan yang mungkin terjadi pada nilai                reasonably possible change in foreign
           tukar valuta asing. Analisis sensitivitas hanya          exchange rates. The sensitivity analysis
           mencakup perihal mata uang asing moneter                 includes only outstanding foreign currency
           yang ada.                                                denominated monetary items.




                                                         148
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PT PETROSEA Tbk DAN ENTITAS ANAK                              PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                               FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                           ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                              – Continued

      ii.   Manajemen risiko tingkat bunga                   ii.   Interest rate risk management
            Eksposur risiko tingkat bunga berhubungan              The interest rate risk exposure relates to
            dengan jumlah aset atau liabilitas dimana              the amount of assets or liabilities which are
            pergerakan pada tingkat suku bunga dapat               subject to a risk that a movement in interest
            mempengaruhi laba setelah pajak. Risiko                rates will adversely affect the income after
            pada pendapatan bunga bersifat terbatas                tax. The risk on interest income is limited
            karena Grup hanya bermaksud untuk                      as the Group only intends to keep sufficient
            menjaga saldo kas yang cukup untuk                     cash balances to meet operational needs.
            memenuhi kebutuhan operasional. Dalam                  On interest expenses, the optimum
            beban bunga, keseimbangan optimal antara               balance between fixed and floating interest
            utang dengan tingkat bunga tetap dan                   debt is considered upfront. The Group has
            mengambang ditetapkan dimuka. Grup                     a policy of obtaining financing that would
            memiliki kebijakan dalam memperoleh                    provide an appropriate mix of floating and
            pembiayaan     yang     akan    memberikan             fix interest rate. Approvals from the Board
            kombinasi yang sesuai tingkat suku bunga               of Directors and Commissioners must be
            mengambang dan tingkat bunga tetap.                    obtained before committing the Group to
            Persetujuan dari Dewan Direksi dan                     any of the instruments to manage the
            Komisaris harus diperoleh sebelum Grup                 interest rate risk exposure.
            menggunakan instrumen keuangan tersebut
            untuk mengelola eksposur risiko suku bunga.
            Analisis sensitivitas suku bunga                       Interest rate sensitivity analysis
            Analisis sensitivitas di bawah ini telah               The sensitivity analysis below has been
            ditentukan berdasarkan paparan suku bunga              determined based on the exposure to
            untuk instrumen non-derivatif pada akhir               interest      rates    for    non-derivative
            periode pelaporan. Untuk liabilitas tingkat            instruments at the end of the reporting
            bunga mengambang, analisis tersebut                    period. For floating rate liabilities, the
            disusun dengan asumsi jumlah liabilitas                analysis is prepared assuming the amount
            terutang pada akhir periode pelaporan itu              of liability outstanding at the end of the
            terutang sepanjang tahun. Kenaikan atau                reporting period was outstanding for the
            penurunan pada tahun yang berakhir pada                whole year. Increase or decrease are used
            31 Desember 2025 sebesar 0,51% (IndONIA)               for the year ended December 31, 2025 is
            serta 0,36% (SOFR) (2024: 0,27% (JIBOR)                0.51% (IndONIA) as well as 0.36% (SOFR)
            serta 0,87% (SOFR)), digunakan ketika                  (2024: 0.27% (JIBOR) as well as 0.87%
            melaporkan risiko suku bunga secara internal           (SOFR)), respectively, when reporting
            kepada karyawan kunci dan merupakan                    interest rate risk internally to key
            penilaian manajemen terhadap perubahan                 management personnel and represent
            yang mungkin terjadi pada suku bunga.                  management's        assessment     of    the
                                                                   reasonably possible change in interest
                                                                   rates.
            Jika suku bunga untuk tahun yang berakhir              If interest rates for the year ended
            pada 31 Desember 2025 telah lebih                      December 31, 2025 had been 0.51%
            tinggi/rendah 0,51% (IndONIA) serta 0,36%              (IndONIA) as well as 0.36% (SOFR) (2024:
            (SOFR) (2024: 0,33 % (JIBOR) serta 0,22%               0.33% (JIBOR) as well as 0.22% (SOFR)
            (SOFR), dan semua variabel lainnya tetap               higher/lower, and all other variables were
            konstan, maka laba sebelum pajak Grup                  held constant, profit or loss before tax of
            untuk tahun yang berakhir pada tanggal                 the Group for the year ended
            31 Desember 2025 akan turun/naik sebesar               December 31, 2025 would decrease/
            US$ 23.610 ribu (2024: US$ 13.082 ribu). Hal           increase by US$ 23,610 thousand (2024:
            ini terutama disebabkan oleh eksposur Grup             US$ 13,082 thousand). This is mainly
            terhadap suku bunga atas pinjamannya                   attributable to the Group exposures to
            dengan suku bunga variabel.                            interest rates on its variable rate
                                                                   borrowings.
            Eksposur risiko tingkat bunga Grup pada aset           The Group exposures to interest rates on
            keuangan dan liabilitas keuangan dijelaskan            financial assets and financial liabilities are
            dalam tabel risiko likuiditas.                         detailed in the liquidity risk table.
      iii. Manajemen risiko kredit                           iii. Credit risk management
            Nilai tercatat aset keuangan pada laporan              The carrying amount of financial assets
            keuangan konsolidasian setelah dikurangi               recorded in the consolidated financial
            dengan cadangan kerugian, mencerminkan                 statements, net of any allowance for
            eksposur Grup terhadap risiko kredit.                  losses, represents the Group’s exposure to
                                                                   credit risk.



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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                        – Continued


          Kerangka peringkat risiko kredit kini Grup                                                            The Group’s current credit risk grading
          terdiri dari kategori berikut:                                                                        framework comprises the following
                                                                                                                categories:

                Kategori/                                                                                                             Dasar pengakuan KKE/
                Category                                          Deskripsi/ Description                                             Basis for recognizing ECL

           Lancar/                          Pihak lawan memiliki risiko gagal bayar yang rendah                                      KKE 12 bulan/
           Performing                       dan tidak memiliki tunggakan./                                                           12 months ECL
                                            The counterparty has a low risk of default and does
                                            not have any past-due amounts.

           Dicadangkan/                     Jumlah yang tertunggak > 30 hari atau telah ada                                          KKE sepanjang umur –
           Doubtful                         peningkatan risiko kredit yang signifikan sejak                                          kredit tidak memburuk/
                                            pengakuan awal./                                                                         Lifetime ECL – not credit-
                                            Amount is >30 days past due or there has been a                                          impaired
                                            significant increase in credit risk since initial
                                            recognition.
           Gagal bayar/                     Jumlah yang tertunggak > 90 hari atau ada bukti                                          KKE sepanjang umur –
           In default                       yang mengindikasikan aset mengalami penurunan                                            kredit memburuk/
                                            nilai kredit./                                                                           Lifetime ECL – credit-
                                            Amount is >90 days past due or there is evidence                                         impaired
                                            indicating the asset is credit-impaired.

           Penghapusan/                     Ada bukti yang mengindikasikan bahwa debitur                                             Saldo dihapuskan/
           Write-off                        dalam kesulitan keuangan yang buruk dan                                                  Amount is written off
                                            Perusahaan tidak memiliki prospek pemulihan yang
                                            realistis./
                                            There is evidence indicating that the debtor is in
                                            severe financial difficulty and the Company has no
                                            realistic prospect of recovery.

          Tabel di bawah merinci kualitas kredit aset                                                           The table below details the credit quality of
          keuangan Perusahaan serta eksposur                                                                    the Group financial assets as well as
          maksimum risiko kredit menurut peringkat                                                              maximum exposure to credit risk by credit
          risiko kredit:                                                                                        risk rating grades:
                                               Peringkat                                             Jumlah
                                                 Kredit                                              tercatat                     Jumlah
                                               Internal/                                              bruto/      Cadangan        tercatat
                                                Internal        KKE 12 bulan atau sepanjang           Gross       kerugian/        bersih/
                                                 Credit                    umur/                    carrying         Loss       Net carrying
                                                 Rating           12-month or lifetime ECL           amount       allowance       amount
                                                                                                    US$ '000      US$ '000       US$ '000

         31 Desember 2025                                                                                                                      December 31, 2025
                                                                                                                                               Cash in banks and cash
         Bank dan setara kas (Catatan 5)     Lancar/       KKE12 bulan/ 12 month ECL                   71.977              -         71.977      equivalents (Note 5a)
                                             Performing
         Rekening bank dibatasi              Lancar/       ECL 12 bulan/ 12 month ECL
            penggunaannya                    Performing                                                26.540              -         26.540    Restricted cash in banks
         Aset keuangan lainnya               Lancar/       KKE12 bulan/ 12 month ECL                   32.316              -         32.316    Other financial asset
         Piutang usaha (Catatan 7a)                                                                                                            Trade accounts receivable (Note 7a)
            Pihak berelasi                   (i)           KKE sepanjang umur (pendekatan              69.815            (25)        69.790      Related parties
                                                           sederhana)/
                                                           Lifetime ECL (simplified approach)
           Pihak ketiga                      (i)           KKE sepanjang umur (pendekatan             211.841        (15.919)       195.922      Third parties
                                                           sederhana)/
                                                           Lifetime ECL (simplified approach)
         Piutang lain-lain (Catatan 7b)                                                                                                        Other accounts receivable (Note 7b)
            Pihak ketiga                     Lancar/       KKE 12 bulan/ 12 month ECL                   8.696              -          8.696      Third parties
                                             Performing
         Kontrak aset (Catatan 9)            (ii)          KKE sepanjang umur (pendekatan              63.737              -         63.737    Contract assets (Note 9)
                                                           sederhana)/
                                                           Lifetime ECL (simplified approach)
         Deposit (Catatan 12)                Lancar/       KKE 12 bulan/ 12 month ECL                   3.149              -          3.149    Deposits (Note 12)
                                             Performing                                         .
         Piutang lain-lain - pihak ketiga                                                                                                      Other accounts receivable - third
            - tidak lancar (Catatan 7b)      (i)           KKE 12 bulan/ 12 month ECL                  12.806              -         12.806      parties - non-current (Note 7b)

                                                                                                                     (15.944)




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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                       PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                       NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                        FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                    ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                       – Continued

                                              Peringkat                                             Jumlah
                                                Kredit                                              tercatat                        Jumlah
                                              Internal/                                              bruto/          Cadangan       tercatat
                                               Internal        KKE 12 bulan atau sepanjang           Gross           kerugian/       bersih/
                                                Credit                    umur/                    carrying             Loss      Net carrying
                                                Rating           12-month or lifetime ECL           amount           allowance      amount
                                                                                                   US$ '000          US$ '000      US$ '000
         31 Desember 2024                                                                                                                        December 31, 2024
                                                                                                                                                 Cash in banks and cash
         Bank dan setara kas (Catatan 5)    Lancar/       KKE12 bulan/ 12 month ECL                  114.892                 -        114.892      equivalents (Note 5a)
                                            Performing
         Rekening bank dibatasi             Lancar/       ECL 12 bulan/ 12 month ECL
            penggunaannya                   Performing                                                 7.739                 -          7.739    Restricted cash in banks
         Aset keuangan lainnya              Lancar/       KKE12 bulan/ 12 month ECL                    3.094                 -          3.094    Other financial asset
         Piutang usaha (Catatan 7a)                                                                                                              Trade accounts receivable (Note 7a)
            Pihak berelasi                  (i)           KKE sepanjang umur (pendekatan              35.878                 -         35.878      Related parties
                                                          sederhana)/
                                                          Lifetime ECL (simplified approach)
            Pihak ketiga                    (i)           KKE sepanjang umur (pendekatan             132.130               (86)       132.044      Third parties
                                                          sederhana)/
                                                          Lifetime ECL (simplified approach)
         Piutang lain-lain - pihak ketiga                                                                                                        Other accounts receivable - third
            (Catatan 7b)                    (i)           KKE 12 bulan/ 12 month ECL                   1.936                 -          1.936      parties (Note 7b)
         Kontrak aset (Catatan 9)           (ii)          KKE sepanjang umur (pendekatan               3.870                 -          3.870    Contract assets (Note 9)
                                                          sederhana)/
                                                          Lifetime ECL (simplified approach)
         Deposit (Catatan 12)               Lancar/       KKE 12 bulan/ 12 month ECL                   4.343                 -          4.343    Deposits (Note 12)
                                            Performing                                         .
         Piutang lain-lain - pihak ketiga                                                                                                        Other accounts receivable - third
            - tidak lancar (Catatan 7b)     (i)           KKE 12 bulan/ 12 month ECL                  13.275                 -         13.275      parties - non-current (Note 7b)

                                                                                                                           (86)


          (i)    Grup menentukan KKE pada pos-pos                                                              (i)    The Group determines the ECL on
                 tersebut menggunakan matriks provisi,                                                                these items by using a provision
                 yang       diestimasi     berdasarkan                                                                matrix, estimated based on historical
                 pengalaman kerugian kredit historis                                                                  credit loss experience based on the
                 berdasarkan status utang debitur masa                                                                past due status of the debtors,
                 lalu, yang disesuaikan dengan kondisi                                                                adjusted as appropriate to reflect
                 saat ini dan perkiraan kondisi ekonomi                                                               current conditions and estimates of
                 di masa depan.                                                                                       future economic conditions.
          Grup telah mengadopsi prosedur dalam                                                                 The Group has adopted procedures in
          memperluas persyaratan kredit kepada                                                                 extending credit terms to customers and in
          pelanggan dan dalam memantau risiko                                                                  monitoring its credit risk. The Group only
          kreditnya. Grup hanya memberikan kredit                                                              grants credit to creditworthy counterparties.
          kepada pihak lawan yang layak kredit. Kas                                                            Cash is held with creditworthy institutions
          ditempatkan pada lembaga yang layak kredit                                                           and is subject to immaterial credit loss.
          dan memiliki kerugian kredit yang tidak
          material.
          Meskipun      eksposur      kredit      Grup                                                         Although the Group credit exposure is
          terkonsentrasi terutama di Indonesia, tidak                                                          concentrated mainly in Indonesia, it has no
          terdapat konsentrasi risiko kredit signifikan                                                        significant concentration of credit risk with
          pada pelanggan atau kelompok pelanggan                                                               any single customer or group of customers.
          tertentu.
          Rincian lebih lanjut dari risiko kredit pada                                                         Further details of credit risks on trade and
          piutang usaha, piutang lain-lain, dan aset                                                           other accounts receivable and contract
          kontrak diungkapkan masing-masing pada                                                               assets are disclosed in Notes 7 and 9,
          Catatan 7 dan 9.                                                                                     respectively.
      iv. Manajemen risiko likuiditas                                                                iv. Liquidity risk management
          Tanggung jawab utama untuk manajemen                                                                 The ultimate responsibility for liquidity risk
          risiko likuiditas bertumpu pada Dewan                                                                management rests with the Board of
          Direksi yang telah membangun kerangka                                                                Directors, which has built an appropriate
          manajemen risiko likuiditas yang sesuai                                                              liquidity risk management framework for the
          untuk manajemen likuiditas dan pendanaan                                                             management of the Group’s short, medium
          jangka pendek, menengah dan jangka                                                                   and long-term funding and liquidity
          panjang. Grup mengelola risiko likuiditas                                                            management requirements.          The Group
          dengan menjaga kecukupan simpanan,                                                                   manages liquidity risk by maintaining
          fasilitas bank dan fasilitas simpan pinjam                                                           adequate reserves, banking facilities and
          dengan terus menerus memonitor perkiraan                                                             reserve borrowing facilities by continuously
          dan arus kas aktual dan menyesuaikan profil                                                          monitoring forecast and actual cashflows
          jatuh tempo aset dan liabilitas keuangan.                                                            and matching the maturity profiles of
                                                                                                               financial assets and liabilities.



                                                                               151
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                            PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                            NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                             FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                         ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                            – Continued


          Grup menjaga kecukupan dana untuk                                                                                     The Group maintains sufficient funds to
          membiayai kebutuhan modal kerja, dimana                                                                               finance its ongoing working capital
          dana tersebut ditempatkan dalam bentuk                                                                                requirements, whereas the funds are
          kas dan setara kas.                                                                                                   placed in cash and cash equivalents.

          Tabel berikut merinci sisa jangka kontrak                                                                             The following tables detail the Group’s
          Grup untuk liabilitas keuangan non-derivatif                                                                          remaining contractual maturity for its
          dengan      periode     pembayaran     yang                                                                           non-derivative financial liabilities with
          disepakati. Tabel telah disusun berdasarkan                                                                           agreed repayment periods. The tables have
          arus kas tak terdiskonto dari liabilitas                                                                              been drawn up based on the undiscounted
          keuangan berdasarkan tanggal terawal                                                                                  cashflows of financial liabilities based on
          dimana Grup dapat diminta untuk                                                                                       the earliest date on which the Group can be
          membayar. Tabel mencakup arus kas                                                                                     required to pay. The tables include both
          pembayaran bunga dan pokok. Sepanjang                                                                                 interest and principal cashflows. To the
          arus bunga tingkat mengambang, jumlah                                                                                 extent that interest flows are floating rate,
          tidak didiskontokan berasal dari kurva suku                                                                           the undiscounted amount is derived from
          bunga pada akhir periode pelaporan. Jatuh                                                                             interest rate curves at the end of the
          tempo kontrak didasarkan pada tanggal                                                                                 reporting period. The contractual maturity is
          yang paling awal di mana Grup dapat diminta                                                                           based on the earliest date on which the
          untuk membayar.                                                                                                       Group may be required to pay.

                                                   Tingkat bunga rata-
                                                     rata tertimbang                                           3 bulan
                                                          efektif/         Kurang dari                        sampai 1                         Lebih dari
                                                   Weighted average          1 bulan/        1-3 bulan/         tahun/                          5 tahun/
                                                    effective interest     Less than 1          1-3           3 months        1-5 tahun/       More than       Jumlah/
                                                           rate               month           months          to 1 year       1-5 years         5 years         Total
                                                            %               US$ '000         US$ '000         US$ '000        US$ '000         US$ '000        US$ '000
          31 Desember 2025                                                                                                                                                     December 31, 2025
          Tanpa bunga                                                                                                                                                          Non-interest bearing
             Utang usaha                                                      200.814           66.898          15.929              -                 -           283.641         Trade accounts payable
             Utang lain-lain                                                    3.496                -           9.530                   -                -        13.026         Other payables
             Utang dividen                                                        953                -               -                   -                -           953         Dividends payable
             Beban masih harus dibayar                                              -           16.550               -                   -                -        16.550         Accrued expenses
          Instrumen suku bunga variabel                                                                                                                                        Variable interest rate instruments
             Utang bank - jangka pendek               6,90 - 7,24*)                    -                -       35.946                -                   -        35.946         Bank loan - short term
             Liabilitas sewa                          7,99 - 11,00                     -                -       17.999           28.491                   -        46.490         Lease liabilities
             Pinjaman jangka panjang -                                                                                                                                            Long-term loans -
                pihak ketiga                          6,86 - 7,48*)            50.343                   -               -      323.651           280.621          654.615           third parties
          Instrumen suku bunga tetap                                                                                                                                           Fixed interest rate instruments
             Utang obligasi                            6,50 - 9,50                     -                -          400           74.379           52.187          126.966         Bonds payable
             Utang sukuk ijarah                        6,50 - 9,50                     -                -          194           42.982           19.624           62.800         Sukuk ijarah payable
             Liabilitas jangka panjang lainnya            10,00                        -                -            -            5.356                -            5.356         Other long-term liabilities

          Jumlah                                                              255.606           83.448          79.998         474.859           352.432         1.246.343        Total

          *) Tingkat bunga rata-rata tertimbang efektif untuk pinjaman jangka panjang pihak ketiga dalam mata uang rupiah masing-masing sebesar 6,86% - 7,48%
             pada tanggal 31 Desember 2025/
             Weighted average effective interest rate of long-term loan to third parties in currency Rupiah are 6.86% - 7.48% of December 31, 2025

                                                 Tingkat bunga rata-
                                                   rata tertimbang                                           3 bulan
                                                        efektif/         Kurang dari                        sampai 1                         Lebih dari
                                                 Weighted average          1 bulan/        1-3 bulan/         tahun/                          5 tahun/
                                                  effective interest     Less than 1          1-3           3 months        1-5 tahun/       More than        Jumlah/
                                                         rate               month           months          to 1 year       1-5 years         5 years          Total
                                                          %               US$ '000         US$ '000         US$ '000        US$ '000         US$ '000         US$ '000

          31 Desember 2024                                                                                                                                                   December 31, 2024
          Tanpa bunga                                                                                                                                                        Non-interest bearing
             Utang usaha                                                     99.842          10.411            9.597                 -                -         119.850         Trade accounts payable
             Utang lain-lain                                                    736               -                -                 -                -             736         Other payables
             Utang dividen                                                      879               -                -                 -                -             879         Dividends payable
             Beban masih harus dibayar                                            -          22.566                -                 -                -          22.566         Accrued expenses
          Instrumen suku bunga variabel                                                                                                                                      Variable interest rate instruments
             Utang bank - jangka pendek                 6,93                       -         36.688                -               -                 -           36.688         Bank loan - short term
             Liabilitas sewa                          7,08 - 11                    -              -           10.160          14.907               651           25.718         Lease liabilities
             Pinjaman jangka panjang -                                                                                                                                          Long-term loans -
                pihak ketiga                        7,00 - 9,13*)                  -                -         14.131         105.913           152.795          272.839           third parties
          Instrumen suku bunga tetap                                                                                                                                         Fixed interest rate instruments
             Utang obligasi                            6,5-9,5                     -                -          3.176          42.785            19.550           65.511         Bonds payable
             Utang sukuk ijarah                        6,5-9,5                     -                -          2.313          25.709             5.694           33.716         Sukuk ijarah payable
             Liabilitas jangka panjang lainnya                                     -                -              -               -                 -                -         Other long-term liabilities

          Jumlah                                                            101.457          69.665           39.377         189.314           178.690          578.503        Total

          *) Tingkat bunga rata-rata tertimbang efektif untuk pinjaman jangka panjang pihak ketiga dalam mata uang rupiah masing-masing sebesar 7,00% - 9,13%
             pada tanggal 31 Desember 2024/
             Weighted average effective interest rate of long-term loan to third parties in currency Rupiah are 7.00% - 9.13% of December 31, 2024




                                                                                           152
Page 425
PT PETROSEA Tbk DAN ENTITAS ANAK                                                                                    PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                    NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                                                     FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                                                 ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                                                    – Continued

            Tabel berikut merinci estimasi jatuh tempo                                                                    The following table details the Group's
            instrumen keuangan non-derivatif Grup.                                                                        expected maturity for its non-derivative
            Tabel tersebut telah disusun berdasarkan                                                                      financial assets. The table has been drawn
            jatuh tempo kontrak terdiskonto dari aset                                                                     up based on the undiscounted contractual
            keuangan termasuk bunga yang akan                                                                             maturities of the financial assets including
            diperoleh dari aset tersebut. Dimasukkannya                                                                   interest that will be earned on those assets.
            aset keuangan non-derivatif diperlukan                                                                        The inclusion of information on non-
            dalam rangka untuk memahami manajemen                                                                         derivative financial assets is necessary in
            risiko likuiditas Grup dimana likuiditas                                                                      order to understand the Group's liquidity
            dikelola atas dasar aset dan liabilitas bersih.                                                               risk management as the liquidity is
                                                                                                                          managed on a net asset and liability basis.
                                                Tingkat bunga rata-
                                                  rata tertimbang                                      3 bulan
                                                       efektif/        Kurang dari                    sampai 1                     Lebih dari
                                                Weighted average         1 bulan/       1-3 bulan/      tahun/                      5 tahun/
                                                 effective interest    Less than 1         1-3        3 months       1-5 tahun/    More than         Jumlah/
                                                        rate              month          months       to 1 year      1-5 years      5 years           Total
                                                         %              US$ '000        US$ '000      US$ '000       US$ '000      US$ '000          US$ '000
            31 Desember 2025                                                                                                                                         December 31, 2025
            Tanpa bunga                                                                                                                                              Non-interest bearing
               Aset keuangan lainnya                                             -              -        32.316               -              -           32.316
               Piutang usaha                                               204.327         38.404        22.981               -              -          265.712        Trade accounts receivable
               Piutang lain-lain                                             8.696              -             -               -              -            8.696        Other accounts receivable
            Instrumen suku bunga variabel                                                                                                                            Variable interest rate instruments
               Bank                                 0,00 - 3,25             72.059               -             -              -              -           72.059        Cash in banks
               Rekening bank dibatasi
                  penggunaannya                     0,00 - 3,25                   -        26.576              -         4.725               -           31.301      Restricted cash in banks
            Instrumen tingkat bunga tetap                                                                                                                            Fixed interest rate instruments
               Deposito berjangka                   2,25 - 4,00                   -              -           19             -                -               19         Time deposits
               Piutang lain-lain                       9,50                       -              -        2.931        22.444                -           25.375         Other accounts receivable

            Jumlah                                                         285.082         64.980        58.247        27.169                -          435.478         Total

            31 Desember 2024                                                                                                                                         December 31, 2024
            Tanpa bunga                                                                                                                                              Non-interest bearing
               Aset keuangan lainnya                                              -              -             -              -              -                  -      Other financial asset
               Rekening bank dibatasi
                  penggunaannya                                              7.739              -             -               -              -            7.739      Restricted cash in banks
               Piutang usaha                                               145.242         18.622         4.058               -              -          167.922        Trade accounts receivable
               Piutang lain-lain                                             1.936              -             -               -              -            1.936        Other accounts receivable
            Instrumen suku bunga variabel                                                                                                                            Variable interest rate instruments
               Bank                                 0,00 - 3,00             83.326               -             -              -              -           83.326        Cash in banks
               Rekening bank dibatasi
                  penggunaannya                        2,25                       -              -             -              -        12.178            12.178      Restricted cash in banks
            Instrumen tingkat bunga tetap                                                                                                                            Fixed interest rate instruments
               Deposito berjangka                   1,00 - 6,25                   -              -       31.867               -              -           31.867         Time deposits
               Aset keuangan lainnya                   6,35                       -              -        3.110                                           3.110         Other financial asset
               Piutang lain-lain                       9,50                       -              -            -        12.832                -           12.832         Other accounts receivable

            Jumlah                                                         238.243         18.622        39.035        12.832          12.178           320.910         Total

            *) Tingkat bunga rata-rata tertimbang efektif untuk deposito berjangka dalam mata uang Rupiah, Dolar Amerika Serikat dan Dolar Australia masing-masing sebesar 2,25%, Nihil, dan
               4,00% pada tanggal 31 Desember 2025 dan sebesar 4,25% - 6,25%, 1,00% - 6,00% dan 4,25% pada tanggal 31 Desember 2024./
               Weighted average effective interest rate of time deposit in Rupiah, U.S Dollar and Australian Dollar currency are 2.25%, Nil, and 4.00% as of December 31, 2025 and
                4.25% - 6.25%, 1.00% - 6.00% and 4.25% as of December 31, 2024.


            Jumlah yang termasuk di atas untuk                                                                            The amounts included above for variable
            instrumen suku bunga baik untuk variabel                                                                      interest rate instruments for both
            non-derivatif aset keuangan maupun                                                                            non-derivative financial assets and
            kewajiban dapat berubah jika perubahan                                                                        liabilities is subject to change if changes in
            tingkat suku bunga variabel berbeda dengan                                                                    variable interest rates differ to those
            estimasi suku bunga yang ditentukan pada                                                                      estimates of interest rates determined at
            akhir periode pelaporan.                                                                                      the end of the reporting period.
   c.   Manajemen modal                                                                                   c.       Capital management
        Grup mengelola modalnya untuk memastikan                                                                   The Group manages its capital to ensure that it
        mereka dapat mempertahankan kelangsungan                                                                   will be able to continue as a going concern while
        usaha disamping memaksimalkan pengembalian                                                                 maximizing the return to stakeholders through
        kepada pemegang saham melalui optimalisasi                                                                 the optimization of debt and equity balance. The
        saldo liabilitas dan ekuitas. Strategi Grup                                                                Group’s strategy has changed since 2023. The
        mengalami perubahan dari 2023. Struktur modal                                                              capital structure of the Group consists of debt,
        Grup terdiri dari utang termasuk utang bank                                                                which includes short-term bank loans, long-term
        jangka pendek, pinjaman jangka panjang dari                                                                loan third parties, bonds payable and sukuk
        pinjaman jangka panjang dari pihak ketiga, utang                                                           ijarah payable and lease liabilities disclosed in
        obligasi, utang sukuk ijarah dan liabilitas sewa                                                           the notes to consolidated financial statements,
        yang diungkapkan dalam catatan atas laporan                                                                cash and cash equivalents and equity
        keuangan konsolidasian, kas dan setara kas dan                                                             attributable to the owner of the Company,
        modal tersedia bagi para pemegang saham dari                                                               comprising issued capital and retained earnings
        Perusahaan, terdiri dari modal saham dan laba                                                              as disclosed in Note 29a to the consolidated
        ditahan sebagaimana diungkapkan dalam                                                                      financial statements.
        Catatan     29a    atas    laporan     keuangan
        konsolidasian.



                                                                                        153
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PT PETROSEA Tbk DAN ENTITAS ANAK                                             PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                              FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                          ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                             – Continued

        Grup tidak tunduk pada persyaratan modal yang                        The Group is not subject to any externally
        ditetapkan secara eksternal, kecuali terkait                         imposed capital requirements, except those
        dengan perjanjian pinjaman.                                          related with loan covenants.

        Dewan Direksi Grup secara berkala melakukan                          The Board of Directors of the Group periodically
        reviu struktur permodalan Grup. Sebagai bagian                       reviews the Group's capital structure. As part of
        dari reviu ini, Dewan Direksi mempertimbangkan                       this review, the Board of Directors considers the
        biaya permodalan dan risiko yang berhubungan.                        cost of capital and related risk.

        Gearing ratio pada tanggal 31 Desember 2025                          The gearing ratio as of December 31, 2025 and
        dan 2024 adalah sebagai berikut:                                     2024 are as follows:
                                                 31 Desember/        31 Desember/
                                                 December 31,        December 31,
                                                     2025                2024
                                                   US$ '000            US$ '000
        Pinjaman:                                                                       Debt:
           Pinjaman jangka panjang dari                                                    Long-term loans
              pihak ketiga                             605.081             250.566            from third parties
           Utang obligasi                              115.940              61.571         Bonds payable
           Utang sukuk ijarah                           57.433              30.726         Sukuk ijarah payable
           Liabilitas sewa                              37.529              20.701         Lease liabilities
           Utang bank                                   33.572              34.121         Bank loan
        Jumlah pinjaman                                849.555             397.685      Total debt
        Kas dan setara kas                             (72.032)           (114.921)     Cash and cash equivalents
        Pinjaman - bersih                              777.523             282.764      Net debt
        Ekuitas                                        307.458             249.750      Equity

        Rasio pinjaman bersih terhadap modal              253%               113%       Net debt to equity ratio

   d.   Nilai wajar instrumen keuangan                                  d.   Fair value of financial instruments

        Kecuali disebutkan pada tabel berikut ini,                           Except as detailed in the following table,
        manajemen berpendapat bahwa nilai tercatat aset                      management considers that the carrying
        dan liabilitas keuangan yang dicatat sebesar                         amounts of financial assets and financial
        biaya perolehan diamortisasi dalam laporan                           liabilities recorded at amortized cost in the
        keuangan konsolidasian mendekati nilai wajarnya                      consolidated financial statements approximate
        karena bersifat jangka pendek atau memakai                           their fair values because of their short-term
        suku bunga pasar.                                                    maturities or they carry market interest rate.

        Hirarki pengukuran nilai wajar atas aset dan                         Fair value measurement hierarchy of the
        liabilitas Grup                                                      Group’s assets and liabilities

        Tabel berikut ini merangkum nilai tercatat dan nilai                 The following tables summarize the carrying
        wajar aset dan liabilitas, yang dianalisis antara                    amounts and fair values of the assets and
        keduanya serta nilai wajar didasarkan pada:                          liabilities, analyzed among those whose fair
                                                                             value is based on:

        •   Level 1 pengukuran nilai wajar adalah yang                       •      Level 1 fair value measurements are those
            berasal dari harga kuotasian (tanpa                                     derived from quoted prices (unadjusted) in
            penyesuaian) di pasar aktif untuk aset atau                             active markets for identical assets or
            liabilitas yang identik;                                                liabilities;

        •   Level 2 pengukuran nilai wajar adalah yang                       •      Level 2 fair value measurements are those
            berasal dari input selain harga kuotasian                               derived from inputs other than quoted
            yang termasuk dalam Level 1 yang dapat                                  prices included within Level 1 that are
            diobservasi untuk aset atau liabilitas, baik                            observable for the asset or liability, either
            secara langsung (misalnya harga) atau                                   directly (i.e. as prices) or indirectly
            secara tidak langsung (misalnya deviasi dari                            (i.e. derived from prices); and
            harga); dan

        •   Level 3 pengukuran nilai wajar adalah yang                       •      Level 3 fair value measurements are those
            berasal dari teknik penilaian yang mencakup                             derived from valuation techniques that
            input untuk aset atau liabilitas yang bukan                             include inputs for the asset or liability that
            berdasarkan data pasar yang dapat                                       are not based on observable market data
            diobservasi (input yang tidak dapat                                     (unobservable inputs).
            diobservasi).



                                                               154
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PT PETROSEA Tbk DAN ENTITAS ANAK                                                           PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                           NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                                            FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                                        ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                                           – Continued

                                                                                                        Jumlah/
                               2025                        Level 1         Level 2        Level 3        Total                      2025
                                                          US$ '000        US$ '000       US$ '000       US$ '000
             Aset yang diukur pada nilai wajar                                                                        Asset measured at fair value
               Aset keuangan lainnya                           32.316             -              -         32.316        Other financial assets

             Liabilitas yang diukur pada nilai wajar                                                                  Liability measured at fair value
               Liablitas jangka panjang lainnya                     -             -         5.356           5.356         Other long-term liabilities

             Liabilitas yang nilai wajarnya                                                                           Liabilities for which fair values
                diungkapkan                                                                                             are disclosed
               Utang obligasi                              120.906                -              -              -       Bonds payable
               Utang sukuk ijarah                           60.496                -              -              -       Sukuk ijarah payable

                                                           181.402                -              -              -

                                                                                                        Jumlah/
                               2024                        Level 1         Level 2        Level 3        Total                      2024
                                                          US$ '000        US$ '000       US$ '000       US$ '000
             Aset yang diukur pada nilai wajar                                                                        Asset measured at fair value
               Aset keuangan lainnya                            3.094             -              -          3.094        Other financial assets




45. PENGUNGKAPAN TAMBAHAN ATAS AKTIVITAS                                      45. SUPPLEMENTAL DISCLOSURES ON NONCASH
    INVESTASI NONKAS                                                              INVESTING ACTIVITY

   Grup melakukan aktivitas investasi yang tidak                                     Group has investing activity that did not affect cash
   mempengaruhi kas dan setara kas dan tidak termasuk                                and cash equivalents and hence not included in the
   dalam laporan arus kas konsolidasian dengan rincian                               consolidated statements of cashflows with the
   sebagai berikut:                                                                  details as follows:

                                                          2025                    2024
                                                         US$ '000                US$ '000

   Penambahan utang untuk pembelian                                                                  Increase in liabilities for purchase of property,
     aset tetap                                                  23.146                 23.647         plant and equipment


46. PERISTIWA SETELAH PERIODE PELAPORAN                                       46. EVENT AFTER THE REPORTING PERIOD

   Perubahan Susunan Pemegang Saham                                                   Changes in the Composition of Shareholders

   Sejak tanggal 27 Februari 2026, susunan pemegang                                   As of February 27, 2026, the composition of the
   saham Perusahan berdasarkan informasi dari                                         Company’s shareholders based on information from
   PT Datindo Entrycom sebagai Biro Administrasi Efek                                 PT Datindo Entrycom as Company’s Bureau of
   Perusahaan adalah sebagai berikut:                                                 Securities Administration is as follows:

                                                      27 Februari 206/ February 27 , 2026
                                                 Jumlah           Persentase          Jumlah modal
                                                saham/            kepemilikan/           disetor/
                                               Number of        Percentage of         Total paid-up
       Nama Pemegang Saham                      shares             ownership             capital                        Name of Shareholders
                                                                       %                US$ '000

   PT Kreasi Jasa Persada                      4.571.811.700                   45,33                 15.157        PT Kreasi Jasa Persada
   PT Caraka Reksa Optima                      2.465.974.670                   24,45                  8.175        PT Caraka Reksa Optima
   Erwin Ciputra (Komisaris)                      11.054.000                    0,11                     37        Erwin Ciputra (Commissioner)
   Michael (Presiden Direktur)                     2.073.000                    0,02                      7        Michael (President Director)
   Kartika Hendrawan (Direktur)                    1.938.000                    0,02                      6        Kartika Hendrawan (Director)
   Meinar Kusumastuti (Direktur)                      14.800                    0,00                       0       Meinar Kusumastuti (Director)
   Masyarakat (masing-masing
     dibawah 5%)                               3.033.183.830                   30,07                 10.056        Public (each below 5%)
   Jumlah saham ditempatkan                                                                                        Number of shares issued and
     dan disetor penuh                        10.086.050.000                  100,00                 33.438          fully paid




                                                                        155
Page 428
PT PETROSEA Tbk DAN ENTITAS ANAK                                        PT PETROSEA Tbk AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO CONSOLIDATED
KONSOLIDASIAN UNTUK TAHUN-TAHUN                                         FINANCIAL STATEMENTS FOR THE YEARS
YANG BERAKHIR 31 DESEMBER 2025 DAN 2024                                     ENDED DECEMBER 31, 2025 AND 2024
– Lanjutan                                                                                        – Continued

47. TANGGUNG    JAWAB  MANAJEMEN  DAN                        47. MANAGEMENT’S  RESPONSIBILITY  AND
    PERSETUJUAN ATAS LAPORAN KEUANGAN                            APPROVAL OF CONSOLIDATED FINANCIAL
    KONSOLIDASIAN                                                STATEMENTS

   Penyusunan dan penyajian wajar laporan keuangan                 The preparation and fair presentation of the
   konsolidasian dari halaman 1 sampai 156 merupakan               consolidated financial statements on pages 1 to 156
   tanggung jawab manajemen, dan telah disetujui                   were the responsibilities of the management and
   oleh Direksi untuk diterbitkan pada tanggal                     were approved by the Directors and authorized for
   2 Maret 2026.                                                   issue at March 2, 2026.


                                                       *********




                                                       156
Page 429
PT Petrosea Tbk

Wisma Barito Pacific
Jl. Let. Jend. S. Parman Kav. 62-63
Kelurahan Slipi, Kecamatan Palmerah
Jakarta Barat
Jakarta 11410 - Indonesia


    www.petrosea.com

    @petrosea.official

    Petrosea

    PT Petrosea Tbk

File

File Open PDF
Source IDX
Size7.29 MB
Published17 Mar 2026
Pages429
Characters3,140,703
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 135 people and organisations named in the text · linked when the evidence is strong

linked org PT Caraka Reksa Optima. p.7 ×3
linked org Pertamina Hulu Energi p.25 ×2
linked org Aneka Tambang Tbk p.38 ×11
linked org Chandra Daya Investasi Tbk p.43 ×5
linked org Bank Mandiri (Persero) Tbk. p.43 ×13
linked org Bank Central Asia Tbk. p.43 ×11
linked person Osman Sitorus p.45 ×3
linked person Erwin Ciputra · Presiden Komisaris p.51 ×2
linked person Kartika Hendrawan p.62
linked person Ruddy Santoso p.62
linked person Meinar Kusumastuti p.62
linked person Iman Darus Hikhman p.62
possible org Petrosea Tbk p.1 ×174
possible org Otoritas Jasa Keuangan p.2 ×2
possible org PT Pertamina p.25
possible org Petrosea Petrosea Tbk p.28 ×2
possible org Bursa Efek Indonesia p.30 ×3
possible org Bank Negara Indonesia (Persero) Tbk. p.42 ×3
possible org Vale Indonesia Tbk p.42 ×6
possible person Dr. Setia Untung Arimuladi p.51
possible person Djauhar Maulidi p.51
possible person Jenderal Pol. (Purn.) Drs. Sutanto S.H. p.51 ×2
unresolved — Target and Realization p.4
unresolved person Education · Komisaris p.4
unresolved — XXIV. Transaksi-transaksi p.4
unresolved — XIII. p.4
unresolved person Evaluation · Komisaris p.4
unresolved person Piagam · Komisaris p.4
unresolved person XXIII. · Komisaris Independen p.4
unresolved person Sesuai Piagam · Sekretaris Perusahaan p.5
unresolved person Proporsi · Komisaris p.5
unresolved person Penerapan Pedoman Tata Kelola · Komisaris p.6
unresolved org Melalui Scan-Bilt Pte. Ltd p.10
unresolved org Through Scan-Bilt Pte.Ltd p.10
unresolved org PT Petrosea Infrastruktur Nusantara p.10 ×2
unresolved org PT Maha p.10 ×2
unresolved org PT Hafar Daya Konstruksi p.10 ×2
unresolved org PT Hafar Daya Samudera p.10 ×2
unresolved org PT HAFAR DAYA KONSTRUKSI Menyediakan p.11 ×2
unresolved org PT HAFAR CAPITOL NUSANTARA Menyediakan p.11 ×2
unresolved org PT HAFAR DAYA SAMUDERA Menyediakan p.11 ×2
unresolved org HBS PNG Pty. Limited p.12 ×5
unresolved org Hidden Valley Contractors Ltd. p.12 ×3
unresolved org Hidden Valley Contractors HBS Plant Hire Ltd. p.12
unresolved org HBS Solomon Islands Limited p.12 ×4
unresolved org HBS Plant Hire Ltd. p.12 ×2
unresolved org Scan-Bilt Pte. Ltd. p.13 ×13
unresolved org Indonesia Stock Exchange p.14 ×3
unresolved org PT Freeport p.19 ×7
unresolved org BP Berau Ltd. p.19 ×5
unresolved org PT Valey p.19
unresolved org PT Freeport Indonesia p.19 ×8
unresolved org PT Vale Indonesia. In p.19
unresolved org PT Barasentosa p.19 ×3
unresolved org PT Niaga Jasa Dunia p.20 ×6
unresolved org PT Bara Prima p.20 ×3
unresolved org PT Bara Prima Mandiri p.20 ×5
unresolved org PT Indo Bara p.20 ×3
unresolved org PT Indo Bara Pratama p.20 ×3
unresolved org Papua HBS PNG Pty. Limited p.21
unresolved org Nugini. Contractors Ltd. p.21
unresolved org HBS Plant HBS Solomon Islands Limited p.21
unresolved org Hire Ltd. p.21 ×2
unresolved org PT Freeport Indonesia Lini p.22
unresolved org PT Pertamina Hulu Energi Offshore p.25
unresolved org PT Pertamina Hulu p.25
unresolved org PT Pertamina Hulu Energi Offshore Southeast Sumatra p.25
unresolved org Aster Scan-Bilt Pte. Ltd. p.25
unresolved org Petrosea Services Solutions Ltd. p.25 ×2
unresolved org PT Wira Insani p.26 ×2
unresolved org PT Saipem Indonesia p.26 ×4
unresolved org Kapitalisasi Tbk p.31
unresolved — Sukuk p.34 ×2
unresolved — Aktif/Belum p.34
unresolved — Bonds p.35
unresolved — idA+ p.35 ×3
unresolved — (SINGLE A PLUS) p.35 ×3
unresolved — idA+(sy) (SINGLE A p.35 ×3
unresolved org PLUS SYARIAH) p.35 ×3
unresolved org Bab Analisa & Pembahasan Manajemen p.35
unresolved — halaman xxx p.35
unresolved org PT Kideco Jaya Agung p.36
unresolved org PT Kideco Jaya Agung Systems p.36
unresolved org PT Mitra Integrasi p.36
unresolved org PT Mitra Integrasi Informatika p.36
unresolved org PT Cristian Eka Pratama p.37 ×3
unresolved org PT Cristian p.37
unresolved org Kementerian Perindustrian Republik Indonesia Industri p.38
unresolved org Ministry of Penghargaan p.38
unresolved org Menteri Kependudukan dan Pembangunan Stunting p.38
unresolved org Minister of Population and Family Development p.38
unresolved org Sertifikasi ASRInternasional Indonesia p.41
unresolved org Sertifikasi p.41
unresolved org PT LRQA Business Assurance p.41 ×2
unresolved org Kementerian Ketenagakerjaan RI p.41 ×2
unresolved org Kementerian Ketenagakerjaan RI Inspection Services ASRICERT Indonesia ISO p.41
unresolved org PSB Pte Ltd p.41
unresolved org PT Karya Bhumi Lestari p.42 ×4
unresolved org PT Multi Tambangjaya Utama p.42 ×2
unresolved org PT Lintas Kelola Berlaba p.42
unresolved org PT Lintas Kelola Berlaba Petrosea p.42
unresolved org PT Maha Raja Mineral p.42 ×2
unresolved org PT Global Bara Mandiri p.42
unresolved org PT Global Bara Mandiri Signing p.42
unresolved org PT Barasentosa Lestari p.42 ×5
unresolved org PT Bartim Coalindo p.42 ×2
unresolved org PT Portus Bara p.42 ×3
unresolved org PT Petrosea Infrastruktur p.42
unresolved org Pte. Ltd. p.42 ×2
unresolved org PT Sumberdaya Penandatanganan p.42
unresolved org PT Sumberdaya Arindo p.42
unresolved org PT Kinarya Medika Selaras p.43 ×2
unresolved org PT Chandra Tirta Karian p.43
unresolved org PT Chandra Tirta p.43
unresolved org PT Niaga p.43
unresolved org PT Petrosea Engineering Procurement Petrosea p.43 ×2
unresolved org PT Bank Petrosea p.43
unresolved org Central Asia Tbk. p.43
unresolved org Performance Review Tbk p.45
unresolved person Overall · Komisaris p.47
unresolved org Financial Services Authority p.48 ×2
unresolved org Pusat Statistik p.49 ×2
unresolved person Prof. Ginandjar Kartasasmita p.51 ×2
unresolved org Kantor Akuntan Publik Liana Ramon Xenia p.52
unresolved org Valley Contractors Ltd. p.54
unresolved org Plant Hire Ltd. p.54
unresolved org PT Portus Bara Jaya p.56
unresolved org PT Petrosea EPC p.56 ×2
unresolved org PT Niaga Jasa p.56
unresolved org Negara Indonesia Tbk. p.56 ×2
unresolved org Mandiri (Persero) Tbk p.56
unresolved org PT Bank Central p.56
unresolved org Indonesia Tbk p.56
unresolved org Asia Tbk. p.56
unresolved org Urban Corporation p.98

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