20260731_ELSA_Laporan Informasi dan Fakta Material_32116872_lamp1.pdf

Narahubung:
Jayanty Oktavia Maulina (Anty)
Senior Manager Corporate Communications & Relation
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
 Elnusa Announces Share Buyback Plan to Enhance Shareholder Value and Reinforce
                        Confidence in Business Prospects
Jakarta, 31 July 2026 – PT Elnusa Tbk (Elnusa, IDX: ELSA) has announced its plan to conduct a share buyback with a maximum value of IDR100 billion as
part of the Company's strategy to enhance shareholder value while reflecting management's confidence in the Company's business fundamentals and
future growth prospects. In addition, the share buyback is expected to help maintain the stability of the Company's share price amid market volatility and
strengthen investor confidence in the Company's fundamental value.

The share buyback is scheduled to be carried out from August 3 to November 2, 2026, using funds generated from the optimization of the Company's
internal cash. The implementation of this corporate action will be undertaken with due consideration to the Company's liquidity position, capital structure,
and the interests of all stakeholders.

PT Elnusa Tbk Finance Director, Nelwin Aldriansyah, stated that the buyback represents a strategic initiative reflecting management's confidence in the
Company's performance and long-term growth potential. This share buyback plan forms part of the Company's ongoing efforts to create greater value for
shareholders. It also reflects management's confidence in Elnusa's solid business fundamentals, sound operational performance, and positive, sustainable
business prospects going forward. Furthermore, the buyback is expected to strengthen investor confidence in the Company's fundamental value while
helping maintain the stability of the Company's share price amid fluctuating market conditions," said Nelwin.

The share buyback will be conducted in accordance with the prevailing regulations in the Indonesian capital market, including the Financial Services
Authority (OJK) Regulations No. 13 of 2023 and No. 29 of 2023, as well as the Indonesia Stock Exchange regulations governing share buybacks under
significantly fluctuating market conditions. The Company has also appointed PT Bahana Sekuritas as the broker-dealer to execute the share buyback.

Based on management's assessment and evaluation, the implementation of the share buyback is not expected to reduce the Company's revenue or have
any material adverse impact on its business activities or growth. The Company currently maintains a healthy financial position, supported by sufficient
capital and cash flow to finance both its business operations and the share buyback program.

As a publicly listed company that upholds the principles of Good Corporate Governance (GCG), Elnusa is committed to conducting the entire buyback
process in a transparent, accountable, and fully compliant manner in accordance with applicable regulatory requirements. The Company will continue to
provide the necessary information to shareholders and the public through the prevailing disclosure mechanisms.

In addition to creating added value for shareholders, the share buyback also provides the Company with greater flexibility in managing its long-term capital
structure. The repurchased shares may be held as treasury shares and may subsequently be reissued in accordance with prevailing regulations to support
the Company's future strategic initiatives.

Through this initiative, Elnusa aims to strengthen investor confidence in the Company's intrinsic value, maintain a sound corporate fundamental balance,
and support the creation of sustainable value for all shareholders. The buyback is also expected to help maintain share price stability amid market volatility
while providing the Company with greater flexibility in managing its long-term capital structure to support sustainable business growth.


About Elnusa (IDX: ELSA)
PT Elnusa Tbk (Elnusa) is a subsidiary of PT Pertamina Hulu Energi (PHE) and part of Pertamina's Upstream Subholding. The Company operates as an
integrated energy services provider, delivering comprehensive solutions across the energy value chain. With more than 56 years of resilience and innovation
in the energy industry, Elnusa has established core competencies in integrated upstream oil and gas services, energy distribution and logistics goods sales
and services, as well as supporting services. Its Integrated Upstream Oil & Gas Services encompass Geoscience & Reservoir services (land, transition zone,
marine, and data processing), drilling and oilfield maintenance services (drilling and workover), as well as Engineering, Procurement, Construction, and
Operation & Maintenance (EPC-OM) services. Its Energy Distribution & Logistics Goods Sales and Services include fuel transportation services, fuel depot
management, and specialty chemical sales. Meanwhile, its Supporting Services comprise marine support services, fabrication, and data management
solutions. Elnusa remains committed to implementing sound Corporate Governance in accordance with the principles of Good Corporate Governance (GCG)
and Environmental, Social, and Governance (ESG). Through these commitments, the Company strives to strengthen its competitiveness, sustain long-term
growth, and create lasting value for all stakeholders. Further information can be accessed at www.elnusa.co.id