20260115_INCO_Laporan Informasi dan Fakta Material_32020159_lamp2.pdf

2026 RKAB Approved, PT Vale Indonesia Reaffirms Operational Certainty and Investment
                                    Continuity

Jakarta, 15 January 2026 — One of Indonesia’s integrated nickel mining operations with a strong
and long-standing commitment to sustainability, PT Vale Indonesia Tbk (“PT Vale” or the
“Company”; IDX: INCO), a member of the Indonesian Mining Industry holding company Mining
Industry Indonesia (MIND ID), hereby announces that its 2026 Work Plan and Budget (Rencana
Kerja dan Anggaran Biaya/RKAB) has received formal approval from the Ministry of Energy and
Mineral Resources (ESDM) on Thursday, 15 January 2026. This approval reaffirms the
Company’s operational certainty and the continuity of PT Vale’s long-term investments as an
integral part of Indonesia’s national nickel ecosystem and the global supply chain.

Following the approval, PT Vale is now focused on progressively restoring all operational and
construction activities across Sorowako, Pomalaa, and Bahodopi, with safety as the foremost
priority, in full compliance with prevailing licensing requirements. This phased normalization aims
to optimize operational performance and minimize the unforeseen impacts resulting from the
Company’s earlier temporary suspension of activities.

The approval of the 2026 RKAB reflects the Government’s policy decision to reintroduce an
annual RKAB approval mechanism, replacing the previous integrated three-year approval
scheme that was aligned with underlying base permits. PT Vale welcomes this regulatory clarity
as a critical foundation for maintaining production discipline, sound governance, and the long-
term sustainability of Indonesia’s nickel industry. “With a complete and comprehensive permitting
framework in place, all of our activities have now resumed in a normal, compliant, and sustainable
manner,” said Bernardus Irmanto, President Director and Chief Executive Officer of PT Vale
Indonesia Tbk.

With the 2026 RKAB now in effect, the Company will proceed with its approved operational and
production plans, while ensuring the continuity of supply for Indonesia’s domestic processing and
refining industries. Drawing on more than five decades of operational experience in Indonesia,
PT Vale continues to contribute through state revenues from taxes and non-tax revenues (PNBP),
job creation and workforce stability, strengthening local supply chains and stakeholder
participation, as well as long-term investments in downstream development and the electric
vehicle (EV) value chain.

In alignment with the Government’s strategic agenda, the Company is also continuing its
investments in low-emission technologies and advanced processing capabilities, including the

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PT Vale Indonesia Tbk
Jakarta: Sequis Tower, 20th Floor, Unit 6 & 7, Jl. Jend. Sudirman Kav. 71, Jakarta 12190, Indonesia. T.(62) 21 524 9000
F.(62) 21 524 9020
Makassar: Jl. Somba Opu No. 281, Makassar 90113, Indonesia. T.(62) 411 366 9000 F.(62) 411 366 9020
Sorowako: Main Office Plant Site Sorowako, Luwu Timur 92984, Indonesia. T.(62) 475 332 9100 F.(62) 475 332 9575
www.vale.com/indonesia