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Surat Penjelasan Kenaikan Aset Liabilitas Dec 25.pdf

Financial statement Text extracted EMAS

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Page 1 OCR 0.917
No. : 29/EMAS-JKT/CORSEC!!I/2026

Kepada Yth./ To:

PT Bursa Efek Indonesia (“BEI”)
Gedung Bursa Efek Indonesia

Jalan Jenderal Sudirman Kav. 52 — 53
Jakarta 12910

Cd

MERDEKA

GOLD

nesouRces

U.p./ Bapak I Gede Nyoman Yetna
Attn. Direktur Penilaian Perusahaan/Director of Listing

Ibu Vera Florida

Kepala Divisi Penilaian Perusahaan 1/Head of Corporate Appraisal Division 1
Perihal/ : Penjelasan atas Perubahan Lebih dari 205 pada Pos Jumlah Aset dan Liabilitas
Re. atas Laporan Keuangan Konsolidasian PT Merdeka Gold Resources Tbk

(“Perseroan”) untuk Tahun yang Berakhir 31 Desember 2025/ Explanation
regarding Changes of More than 2044 in the Posts of Total Assets and Liabilities of
Consolidated Financial Statements for the Year Ended 31 Desember 2025 of
PT Merdeka Gold Resources Tbk (the “Company”)

Dengan hormat,

Merujuk pada butir II.1.1.4 Keputusan Direksi
PT Bursa Efek Indonesia Nomor:
Kep-00015/BEI/01-2021 tanggal 29 Januari
2021 tentang Perubahan Peraturan Nomor I-E
tentang Kewajiban Penyampaian Informasi
(“Peraturan I-E”), bersama ini Perseroan
menyampaikan kepada BEI bahwa Perseroan
telah mengalami perubahan lebih dari 205 pada
Pos Jumlah Aset dan Liabilitas pada Laporan
Keuangan Konsolidasian untuk tahun yang
berakhir 31 Desember 2025.

Jumlah Aset Perseroan per 31 Desember 2025
mengalami kenaikan 39,8Y6 dengan menjadi
AS$740.638.208 dibandingkan dengan Laporan
Keuangan Konsolidasian per 31 Desember 2024
sebesar AS$529.721.253. Kenaikan tersebut
terutama disebabkan oleh kenaikan pada pos
aset tetap AS$168.471.040, sejalan dengan
meningkatnya aktivitas konstruksi infrastruktur
pertambangan PT Puncak Emas Tani Sejahtera
(“PETS”) dan PT Gorontalo Sejahtera Mining
(“GSM”), dimana per 1 Oktober 2025, PETS
sudah mulai melakukan kegiatan penambangan
secara komersial, serta kemajuan pembangunan
fasilitas pengolahan di PT Pani Bersama
Tambang (“PBT”) sampai dengan 31 Desember
2025 telah mencapai 94X.

Dear Sir(s),

In accordance with point 11l1.1.4 of Decision
Letter of the Board of Directors of the Indonesia
Stock Exchange Number: Kep-00015/BE//01-
2021 dated 29 January 2021 regarding
Amendment of Regulation Number I-£ on
Obligation to Disclosure of Information
(“Regulation I-E”), the Company hereby informs
fo IDX changes of more than 2046 in its Total
Assets and Liabilities in the Consolidated
Financial Statements for the year ended
31 December 2025.

The Company's total assets as of 31 December
2025 increased by 39.896 to US$740,638,208
compared to the Consolidated Financial
Statements as of 31 December 2024 amounting
to US$529,721,253. The increase was primarily
attributable to an increase in property, plant and
eguipment by US$168,471,040, in line with the
intensified mining infrastructure construction
activities of PT Puncak Emas Tani Sejahtera
((PETS”) and PT Gorontalo Sejahtera Mining
(“GSM"). Whereby starting 1 October 2025,
PETS had commenced commercial mining
operations, following with construction of the
processing facilities at PT Pani Bersama
Tambang (“PBT”) which  reached 944
completion as of 31 December 2025.

Page 2 OCR 0.905
LG,

MERDEKA

GOLD

Resounces

Jumlah Liabilitas Perseroan per 31 Desember
2025 mengalami kenaikan 40,195 menjadi
sebesar AS$359.700.290 dibandingkan dengan
Laporan Keuangan Konsolidasian per
31 Desember 2024 sebesar AS$256.684.638.
Kenaikan tersebut terutama disebabkan oleh
kenaikan pinjaman bank sebesar
AS$256.207.382 dan utang usaha sebesar
AS$12.783.856, diimbangi dengan penurunan
pinjaman ke pihak  berelasi sebesar
AS$173.750.000.

Adapun peningkatan signifikan atas liabilitas
tersebut sejalan dengan meningkatnya
pendanaan atas aktivitas konstruksi infrastruktur
pertambangan PETS dan GSM, serta
pembangunan fasilitas pengolahan di PBT.

Demikian surat ini kami sampaikan. Terima kasih
atas perhatian dan kerjasamanya.

The  Company's total liabilities as of
31 December 2025 increased by 40.146 to
US$359,700,290 compared to the Consolidated
Financial Statements as of 31 December 2024
amounting to US$256,684,638. The increase
was primarily attributable to an increase bank
loans of US$256,207,382 and trade payables of
US$12,783,856, which were partially offset by
decrease in related party loans amounting to
US$173, 750,000.

The significant increase in these liabilities is in
line with the increase in funding for PETS and
GSM mining infrastructure construction activities
and the construction of processing facilities at
PBT.

Thus to be informed accordingly. Thank you for
your attention and cooperation.

Hormat kami/ Kind Regards,
PT Merdeka Gold Resources Tbk

P pet

(“David Thomas Fowler
AS Direktur/ Director

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Source IDX
Size1.16 MB
Published11 Mar 2026
Pages2
Characters4,621
Text sourceOCR
OCR confidence0.911

Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org MERDEKA GOLD p.1 ×2
linked org Merdeka Gold Resources Tbk p.1 ×8
linked person David Thomas Fowler p.2
possible org PT Bursa Efek Indonesia p.1 ×3
unresolved person I Gede Nyoman Yetna Attn. p.1
unresolved person Attn. · Direktur p.1
unresolved person Vera Florida Kepala Divisi Penilaian p.1
unresolved org PT Puncak Emas Tani Sejahtera p.1 ×2
unresolved org PT Gorontalo Sejahtera Mining p.1 ×2
unresolved org PT Pani Bersama Tambang p.1 ×2
unresolved org Indonesia Stock Exchange p.1

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