20260311_ELSA_Laporan Informasi dan Fakta Material_32053165_lamp2.pdf

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


Press Release
    Backed by Strong Fundamentals and Strategic Asset Investments, Elnusa
      Realizes IDR 566 Billion in Capex to Strengthen Growth Momentum
Jakarta, 11 March 2026 – PT Elnusa Tbk (IDX: ELSA), an integrated energy services company under Pertamina’s Upstream Subholding,
continues to strengthen the foundation of its business growth through solid capital expenditure (Capex) realization throughout 2025. Out of
the targeted IDR 594 billion, the Company successfully realized IDR 566 billion or approximately 95%, reflecting a strong commitment to
technology modernization, asset reliability enhancement, and operational efficiency to capture growth opportunities in Indonesia’s energy
industry.

These investment initiatives are aligned with the Company’s solid fundamental performance during the 2025 fiscal year. Elnusa recorded
operating revenue of IDR 14.5 trillion, representing an 8% year-on-year increase, with EBITDA reaching IDR 1.5 trillion, and net profit of IDR
718 billion, supported by operating cash flow of IDR 1.7 trillion. This performance demonstrates the Company’s ability to maintain profitability
while strengthening its capacity for sustainable business expansion.

Elnusa’s Finance Director, Nelwin Aldriansyah, stated that the Company’s Capex investments are carried out selectively to support service
capacity enhancement and strengthen competitiveness in the energy services industry.

“Strengthening our asset base and technological capabilities remains one of Elnusa’s key strategic priorities to ensure service reliability while
unlocking new contract opportunities. With stronger asset foundations and sound financial management, we are confident that Elnusa is well-
positioned to capture the growth momentum in the energy industry,” said Nelwin.

Throughout 2025, the Company allocated its Capex to reinforce capabilities across several business segments. In the Integrated Upstream Oil
& Gas Services segment, investments were focused on the procurement of Coiled Tubing Units, Cementing Units, and Seismic Nodes to enhance
well intervention services and seismic survey capabilities. Meanwhile, in the Energy Distribution & Logistics Goods and Services segment, Elnusa
expanded its fuel tank truck fleet to strengthen the national energy distribution network.

In the Oil & Gas Support Services segment, the Company strengthened its maritime fleet, including hopper barges and docking barges, as
well as developed workshop and warehouse facilities in Batam to enhance operational readiness. Supporting infrastructure was also reinforced
through the development of the Duri warehouse, upgrades to firefighting facilities at WHS BSD, and the strengthening of operational
communication systems.

Elnusa’s business portfolio continues to demonstrate resilience, with the Energy Distribution & Logistics Goods and Services segment contributing
60% of total revenue, followed by Integrated Upstream Oil & Gas Services at 28%, and Oil & Gas Support Services at 12%. From a balance
sheet perspective, the Company recorded total assets of IDR 10.9 trillion and equity of IDR 5.3 trillion, while maintaining a Net Profit Margin
of 5%.

Market confidence in the Company’s fundamentals is also reflected in the performance of ELSA shares, which recently reached their highest
level since the Company’s IPO, along with the upgrade of its credit rating by PEFINDO to idAA+, indicating a stronger credit risk profile and
positive business outlook.

Going forward, Elnusa will continue to implement disciplined and selective investment strategies with a focus on technological advancement,
asset optimization, and operational efficiency. With a solid financial foundation and an increasingly diversified business portfolio, the Company
remains optimistic about sustaining its growth momentum while creating sustainable value for shareholders and supporting Indonesia’s national
energy resilience.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE), which is part of the Pertamina Upstream Subholding, operating in the field of integrated energy services to provide total
solutions. Elnusa has a DNA of resilience and innovation for over 56 years in the energy industry, with core competencies in upstream oil and gas services, energy distribution and
logistics services, as well as support services. The upstream oil and gas services line includes Geoscience & Reservoir services (land, transition zone & marine, as well as data processing),
drilling & field maintenance services (drilling & workover), engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics
services line includes fuel transportation services, depot management, and chemical sales. The support services line includes marine support services, fabrication, and data management.
Elnusa is committed to implementing Corporate Governance in accordance with GCG principles to realize a highly competitive, continuously growing company and provide sustainability
for all stakeholders. For more information, please visit www.elnusa.co.id.