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PRESS RELEASE                                                                          FOR IMMEDIATE DISTRIBUTION

    BUMA Secures Contract with Adaro for South Tutupan Mine through 2030

Jakarta, February 23, 2026 – PT Bukit Makmur Mandiri Utama (“BUMA”), the principal subsidiary of PT
BUMA Internasional Grup Tbk (IDX: DOID; “BUMA International Group”), today announced a long-
term contract with PT Adaro Indonesia (“Adaro”). The contract, effective from April 1, 2026 through
December 31, 2030, secures BUMA's operations at the South Tutupan Mine in Tanjung Tabalong, South
Kalimantan.

Under the contract, subject to the terms and conditions contained therein, BUMA is expected to deliver
around 239 million bank cubic meters (bcm) of overburden removal and 44 million tonnes of coal,
equivalent to average annual volumes of 50.5 million bcm and 9.3 million tonnes, respectively. The
contract reinforces BUMA’s long-standing partnership spanning over 20 years with Adaro, while
strengthening the Group’s contracted revenue base and long-term earnings visibility.

Ronald Sutardja, President Director of PT Bukit Makmur Mandiri Utama, stated, “We are pleased to
announce this significant contract with Adaro Indonesia, one of our valued long-term partners. The
contract is a testament to BUMA’s consistent operational delivery and our ability to manage technically
complex mining operations safely and reliably. It strengthens our contracted earnings visibility and
reinforces our position as Indonesia's trusted mining services partner."

In parallel with its operational activities, BUMA is deeply committed to empowering local communities
in the Tabalong through programs focusing on education, health, environmental protection, and socio-
cultural initiatives. Key initiatives include the JIKAMAKA computer skills workshop, Youth Broadcasting
Class for creative industry development, the Kampung Iklim environmental program, and support for
local small and medium enterprises (UMKM).

These efforts have earned recognition from the South Kalimantan Provincial Government for
environmental contributions, appreciation from the Tabalong Regent for advancing the Adipura
initiative and UMKM development, as well as commendation from the Tabalong Youth Community and
the Regent for consistent support of youth and community development programs.

"Our partnership with Adaro Indonesia extends beyond operational delivery to creating shared value for
local communities. We are proud of the positive social impact we have created together and will
continue investing in the community's long-term prosperity,” Ronald concluded.

                                                             ***

About PT BUMA Internasional Grup Tbk (BUMA International Group)
Established in 1990, PT BUMA Internasional Grup Tbk (BUMA International Group) is a globally diversified mining holding
company with operations across Indonesia, Australia, and the United States. The Group operates under four key business pillars:
Mining Services, Mine Ownership, Social Enterprise, and Technology.




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At the core of its Mining Services operations is PT Bukit Makmur Mandiri Utama (BUMA), one of the largest mining services
providers in Indonesia and Australia (operating under its fully owned subsidiary, BUMA Australia Pty Ltd). The Group
transformed its business as a mine owner in 2024 with the acquisition of Atlantic Carbon Group, Inc. (ACG), positioning itself as
the leading producer of ultra-high-grade anthracite in the United States.

Expanding its diversification, the Group entered the future-facing commodities sector in 2024 by acquiring a stake in 29Metals
Limited, an Australian-based copper and base metals mining company. The Group’s other portfolios include PT Bukit Teknologi
Digital (BTech), focusing on developing deep learning technologies aimed at enhancing operational efficiency, reducing
emissions, and minimizing Occupational Health and Safety (OHS) risks, and PT BISA Ruang Nuswantara (BIRU), a social
enterprise dedicated to education, vocational training, and promoting a circular economy.

Headquartered in Jakarta, BUMA International Group is publicly listed on the Indonesia Stock Exchange (IDX: DOID) and employs
over 12,000 people worldwide. In June 2025, the company was once again recognized among the Top 200 in the FORTUNE
Southeast Asia 500, underscoring its position as one of the region’s largest companies by revenue.

About PT Bukit Makmur Mandiri Utama (BUMA)
BUMA was established in 1998, is the second largest coal mining services contractor in Indonesia by production volume,
providing mining services to some of the largest coal producers in Indonesia. BUMA is a subsidiary of PT BUMA Internasional
Grup Tbk (BUMA International Group) which is listed on the Indonesia Stock Exchange board (IDX Code: DOID). BUMA is
headquartered in Jakarta, Indonesia.

For further information, please contact:

PT BUMA Internasional Grup Tbk (BUMA International Group)
Corporate Communications
Email: communications@bumainternational.com
Website: www.bumainternational.com




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Names mentioned 9 people and organisations named in the text · linked when the evidence is strong

linked org PT Bukit Makmur Mandiri Utama p.1 ×7
linked org PT BUMA Internasional Grup Tbk p.1 ×9
linked org PT Adaro Indonesia p.1 ×3
linked person Ronald Sutardja p.1
unresolved org Internasional Grup Tbk p.1 ×5
unresolved org BUMA Australia Pty Ltd p.2
unresolved org PT Bukit Teknologi Digital p.2
unresolved org PT BISA Ruang Nuswantara p.2
unresolved org Indonesia Stock Exchange p.2 ×2

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