20251128_DOID_Laporan Informasi dan Fakta Material_31988501_lamp1.pdf

9M25 Results: Year-to-Date Performance Still Reflects 1Q Impact
Despite the stronger performance in 2Q and 3Q, year-to-date (YTD) results remain affected by the
severe weather and unprecedented operational disruptions experienced during the 1Q25, including
safety events involving external contractors that led to a 27-day suspension at two major sites. YTD
performance was further shaped by planned ramp-downs at several Indonesian sites and the
conclusion of contracts in Australia.

Overburden reached 337 MBCM and coal production totalled 60 MT, down 20% and 8% year-on-year
(YoY), respectively. Revenue stood at US$1.131 billion, 16% lower YoY mainly due to lower mining-
contractor volumes following 1Q disruptions. ASP remained broadly stable at –1% YoY, supported by
a higher share of rise-and-fall contracts that helped cushion weaker coal prices. Revenue from the
mining-ownership business, Atlantic Carbon Group, Inc. (ACG), increased to US$45 million from US$12
million last year, reflecting its full-period contribution in 2025.

9M25 EBITDA was US$127 million, reflecting a 14% margin compared with 22% in 9M24. Excluding
severance expenses, EBITDA would have been US$148 million with a 16% margin. The Group recorded
a net loss of US$81 million, mainly due to lower EBITDA and receivable provisions in the Australian
operations, partly offset by fair-value gains from 29Metals, lower interest expense, tax benefits, and
favorable foreign-exchange movements.

CAPEX reached US$149 million, up 12% year-on-year, with 54% allocated to sustain fleet reliability and
readiness, and 46% directed toward growth to support ramp-ups at key Indonesian sites.

Environmental and social performance improved during the period. Scope 1 and 2 emissions intensity
declined 17% QoQ, supported by road upgrades, better handling of geological material, and more
favorable rainfall. The Group also expanded its social impact through PT BISA Ruang Vokasi (BIRU),
reaching more beneficiaries through BIRU’s Future Hub, where 30% of tracked graduates are now
employed and 10% have continued to higher education. The Group also completed its Social Impact
Theory of Change, establishing a unified framework to measure and scale long-term community
impact across all operating regions.

Balance Sheet Strengthened After the Reporting Period
The Group continued to apply a prudent and disciplined approach to liquidity management
throughout the year. Consistent with its strategy to diversify funding sources and strengthen its
maturity profile, the Group executed two key financing actions following the end of the nine-month
period.

In October, its principal subsidiary, PT Bukit Makmur Mandiri Utama (BUMA) issued US$53.7 million
(Rp884 billion) of the BUMA III 2025 Bonds, broadening its domestic funding base and reinforcing
investor confidence in the Group’s credit profile. In November, the Group also completed the early
retirement of US$212.25 million of the 7.75% Senior Notes, primarily funded through its syndicated
facility. This action reduces near-term refinancing risk and enhances the Group’s overall debt maturity
profile.

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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.

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), and 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 13,000 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.

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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