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ANNUAL PUBLIC EXPOSE REPORT PT ETERINDO WAHANATAMA Tbk Date : June 30, 2023 The Public Expose of PT Eterindo Wahanatama Tbk was held on : Day/ Date 1 Friday, June 30, 2023 Place : Venus Room, Blue Sky Hotel Jl. Aipda KS Tubun No.9, Petamburan Jakarta Pusat 10260 Time 1 15.30 to 15.45 WIB Attended 116 people (public and media — not including Commissioners and Directors) (attendance list attached) Public expose was opened and presented by Mr. Drs. Eisen Wongso Wirya Surya, President Director of PT Eterindo Wahantama Tbk (“Company”). The public expose was attended by the Board of Commissioners and the Board of Directors, as well as the Company's management staff and from several media ouflets. The following are the guestions raised in the Company's Public Expose agenda, on June 30, 2023. 1. Abraham — Media Industry.co.id Regarding the targets for Biodiesel 12,000 MT, chemical products such as Glycerin 1,320 MT, Plasficizers 1,400 MT, and TBS products 32,046 tons: 1, 2, How does the Company strive to achieve those targets? Will the Company seek new investors? Answer : a. According to the management, those targets are still realistic and believed to be achievable. The installed production capacity for Biodiesel/chemical plants is 140,000 MT per year, with a target of 12,000 MT, which represents approximately 90 of the capacity. Similarly, for Plasticizers, the installed production capacity is 30,000 MT, with a target of 1,400 MT, or about 56 within the next six months. As for the planted area of oil palm plantations, which is 8,300 hectares, and with a production standard of 20-25 tons per hectare, the target is 32,000 tons, which is only about 15Y4o of the annual production standard. Although, achieving these targets will reguire extra effort and processes to be realized. Although the Company has been supported by the Controlling Shareholder (PT Mordred Investama Indonesia), due to the significant need for working capital, the Company must strive to attract new investors. It is expected that all these targets can be achieved with the support of shareholders and the presence of new investors.
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2. Linda — Indonesia Today Will the Company distribute dividends this year? When and how much? Answer : The Company is currently unable to distribute dividends because it is still recording losses. 3. Ahmad —IOPlus Info The Company is making efforts to attract new investors. What is the target capex reguired and what efforts have been made? Why is the Company planning to sell assets in Cilegon? Answer : e Currently, the Company reguires a substantial amount of funds, around Rp160M- Rp200M for the rehabilitation of 8,300hectare plantation and the construction of a palm oil mill- Until now, the Controlling Shareholder, PT Mordred Investama Indonesia, has invested approximately Rp277M, and fresh funds amounting to Rp17M are allocated to finance operational expenses (salaries, etc). Given the financial structure where the Company still records negative eguity of 398M, it is challenging for the Company to seek funding from banks. Therefore, the Company will continue to seek new investors for potential collaboration. e In order to streamline operations, the Company plans to sell vacant land in Gerem, Merak. This land is unutilized and generates no revenue. The proceeds from the sale of this vacant land will be used to repay bank debts, as the Company incurs significant interest expenses every month. # Thus the report that we submit, thank you for your attention. Best regards, PT Eterindo Wahanatama Tbk ba PT ETERINDPONA HAN ATAMA To Drs. Eisen Wongso Wirya Surya (AL President Director
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