20251125_DOID_Perubahan dan//atau Tambahan Keterbukaan Informasi terkait Aksi Korporasi_31987657_lamp1.pdf

THE NOTES ARE NOT BEING OFFERED OR SOLD IN INDONESIA OR TO INDONESIAN IZENS OR TO
INDONESIAN RESIDENTS OR TO INDONESIAN INVESTORS, WHETHER INDIVIDUALS, INSTITUTIONS, OR
OTHER LEGAL ENTITIES, IN THE MANNER THAT CONSTITUTES A PUBLIC OFFERING AS STIPULATED
IN LAW NO. 8 OF 1995 ON CAPITAL MARKETS, AS AMENDED FROM TIME TO TIME, AND ITS
IMPLEMENTING REGULATIONS. THIS DOES NOT CONSTITUTE THE ISSUANCE OF DEBT SECURITIES
WITHOUT A PUBLIC OFFERING AS REFERRED TO IN OJK REGULATION NO. 30/POJK.04/2019 ON THE
ISSUANCE OF DEBT SECURITIES AND/OR SUKUK CONDUCTED WITHOUT A PUBLIC OFFERING. THE
INFORMATION STATED IN THIS DISCLOSURE OF INFORMATION IS NOT INTENDED TO CONSTITUTE A
PUBLIC OFFERING DOCUMENT OR A SOLICITATION TO PURCHASE, WHETHER DIRECTLY OR
INDIRECTLY, THE COMPANY'S SECURITIES IN ANY JURISDICTION INCLUDING INDONESIA.

THIS IS NOT AN OFFER, OR A SOLICITATION OF AN OFFER, TO BUY OR SELL ANY SECURITY. THE
ISSUER WILL OFFER AND ISSUE THE NOTES OUTSIDE INDONESIA IN ACCORDANCE WITH THE
PROVISIONS OF RULE 144A AND REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933,
AS AMENDED (“SECURITIES ACT”) WHICH WILL BE LISTED ON THE SINGAPORE EXCHANGE
SECURITIES TRADING LIMITED (“SGX-ST"). THE NOTES ARE NOT REGISTERED UNDER THE
SECURITIES ACT AND ARE NOT BEING OFFERED OR SOLD IN THE TERRITORY OF THE UNITED STATES
OF AMERICA (AS DEFINED IN RULE 144A AND REGULATION S UNDER THE SECURITIES ACT), EXCEPT
PURSUANT TO THE EXEMPTION FROM, OR IN THE TRANSACTION NOT SUBJECT TO, THE
REGISTRATION REGUIREMENTS UNDER THE SECURITIES ACT. NO PUBLIC OFFERING WILL BE MADE
IN THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTIONS WHERE SUCH TRANSACTION IS
RESTRICTED, PROHIBITED, OR DEEMED UNLAWFUL.

THE COMPANY'S EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS TO APPROVE THIS
PROPOSED TRANSACTION WILL BE HELD ON 27 NOVEMBER 2025 AT 14.00 WESTERN INDONESIA TIME
- FINISH, LOCATED AT PACIFIC CENTURY PLACE BUILDING, FUNCTION ROOM B, LEVEL B1, SCBD LOT
10, JL. JEND. SUDIRMAN KAV 52-53, JAKARTA 12190.

This Disclosure of Information is issued on 25 November 2025
as an amendment and/or addition to the Information Disclosure published on 21 October 2025

2) pp

DEFINITION

Public Accounting Firm

Subsidiary Guarantor(s)

Shares Registrar

BUMA Australia

Director

Corporate Guarantee(s)

Ministry of Law

Disclosure of Information

Commissioner

Company's Financial
Statements

MOL

Financial Services Authority
or OJK

Shareholders

Issuer

Company

Public Accounting Firm Aria Kanaka & Rekan, member of Forvis Mazars
Indonesia, as independent auditor, which has conducted an audit on the
Company's financial statements.

One or more subsidiaries of the Company and/or Issuer, which 99
(ninety nine percent) or more owned, directly or indirectly, by the Company
and/or Issuer and consolidated into the Company's Financial Statements,
which will provide Corporate Guarantee(s) to guarantee the Issuers
payment obligations under the Notes (as defined below).

Parties based on agreements with issuers and/or securities issuers to
record securities ownership and distribution of rights related to securities,
in this case is PT Datindo Entrycom, domiciled in Central Jakarta

BUMA Australia Pty Ltd, a company established under Australian law and
domiciled in Australia, is 10076 (onehundred percent) wholly owned by the
Issuer.

Member of the Board of Directors serving in the Company as of the date
of this Disclosure of Information

Corporate guarantee(s) which may be provided by the Subsidiary
Guarantor(s) to guarantee the Issuer's payment obligations under the
Notes.

Ministry of Law of the Republic of Indonesia (previously known as Ministry
of Law and Human Rights of the Republic of Indonesia, Ministry of Justice
of the Republic of Indonesia, Ministry of Law and Legislation and/or other
names).

This Disclosure of Information provided to the Company's Shareholders in
order to comply with OJK Regulation 17/2020.

Member of the Board of Commissioners serving in the Company as of the
date of this Disclosure of Information.

The Company's Interim Consolidated Financial Statements as of 30 June
2025, which have been audited by the Public Accounting Firm based on
report No. 00328/2.1011/AU.1/02/1013-5/1/1X/2025 dated 30 September
2025, signed by Dudi Hadi Santoso (Public Accountant Registration No.
AP. 1013), with an ungyalified opinion in all material respects.

Minister of Law of the Republic of Indonesia (previously known as Minister
of Law and Human Rights of the Republic of Indonesia, Minister of Justice
of the Republic of Indonesia, Minister of Law and Legislation and/or other
names)

Financial Services Authority, an independent state institution, whose
duties and authorities covers regulatory, supervisory, inspection, and
investigation as stipulated in Law No. 21 of 2011 dated 22 November 2011
on Financial Services Authority as amended by Law No. 4 of 2023 dated
12 January 2023 on the Development and Strengthening of Financial
Sector, as the substitute state institution of Bapepam-LK effective since
31 December 2012.

The Company's shareholders whose names are registered in the
Company's shareholders register issued by the Shares Registrar.

PT Bukit Makmur Mandiri Utama, a company duly incorporated and
organized according to the laws of the Republic of Indonesia and
domiciled in South Jakarta, which 99.995 (ninety nine point nine nine
percent) of all issued and paid-up capital is owned by the Company.

PT BUMA Internasional Grup Tbk, a publicly limited liability company
whose shares are listed on Indonesian Stock Exchange, duly incorporated

'9y1

and organized under the laws of the Republic of Indonesia, domiciled in
South Jakarta

Controlled Company : Any company which is directly or indirectly controlled by the Company as
defined in OJK Regulation 17/2020

OJK Regulation 14/2025 1 OJK Regulation No. 14 of 2025 dated 1 July 2025 on the Preparation and
Implementation of Electronic General Meetings of Shareholders, General
Meetings of Bondholders, and General Meetings of Sukuk Holders.

OJK Regulation 15/2020 OJK Regulation No. 15/POJK.04/2020 dated 21 April 2020 on the
Preparation and Implementation of the General Meeting of Shareholders
of Public Company.

OJK Regulation 17/2020 OJK Regulation No. 17/POJK.04/2020 dated 21 April 2020 on Material
Transaction and Change of Business Activities.

OJK Regulation 42/2020 1 OJK Regulation No. 42/POJK.04/2020 dated 2 July 2020 on Affiliated
Transaction and Conflict of Interest Transactions.

Proposed Transaction 1 The proposed Notes issuance by the Issuer which constitutes a material
transaction that reguires approval from the GMS as stipulated under OJK
Regulation 17/2020.

GMS : General Meeting of Shareholders of the Company.

EGmS : Extraordinary General Meeting of Shareholders of the Company which is
planned to be held on 27 November 2025.

SGX-ST Singapore Exchange Securities Trading Limited, a Stock Exchange in
Singapore

Notes Fixed rate notes in the maximum amount of USD500,000,000, which will

be issued by the Issuer to be carried out in 1 (one) or several issuances
that constitute a series of transaction within a period of 12 (twelve) months
from the date of approval by the EGMS, whereas the Notes may be
secured with Corporate Guaranteel(s) and/or other security which will be
determined later (if any).

USD 1 United States of America Dollar, which is a legal currency of the United
States of America.

INTRODUCTION

The Company commenced operations in November 1990 and listed all of its shares on the Jakarta Stock Exchange
(now the Indonesia Stock Exchange) in June 2001. In November 2009, the Company acguired all of the Issuers
shares, resulting in a change to the Company's main business strategy to focus on the coal mining services
industry. The Company is domiciled in South Jakarta, with its headguarters situated at South Ouarter Tower C, 5#
Floor, Jl. R. A. Kartini Kav. 8, Cilandak Barat, Cilandak, Jakarta 12430, Indonesia.

In order to comply with OJK Regulation 17/2020, the Company's Board of Directors hereby announces this
Disclosure of Information to provide information to the public and for the benefits of Shareholders in relation to the
plan of the Issuer, which is a Controlled Company that will offer and issue Notes outside of Indonesia and
subseguently list the Notes on the SGX-ST in accordance with Rule 144A and Regulation S of the Securities Act.

Based on the Company's Financial Statements, the total eguity of the Company is USD100,876,566, resulting in a
percentage of the Proposed Transaction value to total eguity of the Company is 495.667 (four hundred ninety-five
point six six percent). Therefore, the Proposed Transaction reguires prior approval from the Company's
Shareholders in accordance with the provisions of Article 6 paragraph (1) letter (d) number (1) of OJK Regulation
17/2020.

The Proposed Transaction is part of the Company's strategy, through the Issuer, to maintain diversified sources of
financing. The Issuer has previously completed two US Dollar bond issuances, in 2017 and 2021. The maximum
amount of Notes issuance is determined by the Company for refinancing purposes and based on the financial
advisor's recommendation regarding the optimal issuance amount to attract institutional investors and support the
Company's medium-term financing targets.

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The maximum funding reguirement of USD500.000.000 is planned to be used as follows:

1. Up to approximately USD223 million may be used to repay debt maturing in 2026 which includes bank loans
amounting to USD105 million, bonds and sukuk denominated in Rupiah amounting to USD75 million, and
lease facilities amounting to USD44 million.

2. Up to approximately USD150 million may be used to fund a portion of the Company's capital expenditure and
working capital reguirements. Over the past three years, the Company's annual capex has ranged between
USD130-200 million, and a portion of these needs may be financed through the proceeds of the Notes.

3. The remaining proceeds, depending on the amount of Notes issued and other funding reguirements, may be
used for early repayment of certain bank facilities and/or to support available investment opportunities.

The early repayment of a portion of the outstanding debt, primarily consist of bank loans, although this will depend
on the amounts raised, the capex and working capital reguirements and any potential investment (if any)

The allocation of the use of proceeds from the Proposed Transaction will be subject to the final structure, which
may be subject to change. However, the Issuer will endeavor to ensure that such changes are not material. The
Company remains committed to maintaining a balanced debt profile to optimize value for shareholders while
preserving its credit guality and rating

The Issuer believes in its ability to generate sustainable cash flow supported by the Company's order book of more
than USD8.5 billion as of June 2025. From 2022 to 2024, the Company generated operating cash flow of more
than USD250 million per year (after interest payments), which can fund capital expenditures (capex) and mitigate
the direct impact of acguisitions, thereby enabling the Company to meet debt obligations and maintain healthy
leverage and coverage ratios. The Company expects to generate adeguate operating cash flow in the future. With
the financing access currently available, the Company believes that it can meet all existing and future interest and
principal repayment obligations including those related to the issuance of the Notes.

The Company and its subsidiaries collectively (“Group”) actively manage its debt maturity and leverage profile,
aiming to minimize the impact of the Notes issuance on its leverage ratio. Considering that the majority of the
proceeds from the Proposed Transaction will be used for refinancing, the Proposed Transaction is not expected to
create excessive debt risk.

The Company ensures that the use of proceeds from the Notes issuance will be carried out in accordance with the
resolution of EGMS through existing governance and control procedures, including

1. Supervision by the Board of Commissioners of the Company and/or the Issuer
The Board of Commissioners conducts oversight of the planned allocation and actual use of proceeds,
including ensuring that the use of proceeds aligns with the objectives approved at the EGMS and does not
conflict with applicable laws and regulations.

2. Internal approval process and documentation for each proceeds disbursement
Each use of proceeds will undergo a tiered review and approval process in accordance with the Articles of
Association of the Company and the Issuer. All disbursements will be supported by the reguired
documentation as part of the internal control framework.

3. Tracking and reporting through the Company's and the Issuer's accounting and treasury systems
The use of proceeds will be monitored through the internal systems of the Issuer and the Company, including
periodic reconciliations to ensure consistency between the planned and actual use of proceeds. The
monitoring results will be reported regulariy by the Board of Directors to the Board of Commissioners as part
of their supervisory role.

The Company is committed to ensuring that all use of proceeds is carried out in a transparent, accountable, and
conflict-free manner, by upholding the principles of prudence and good corporate governance (GCG).

The Notes may be guaranteed on a joint and several basis by BUMA Australia Pty Ltd, a wholly owned subsidiary
of the Issuer, subject to investor demand and the final transaction structure, which will typically be determined
during the bookbuilding process. The proposed issuance of the Notes and the potential provision of a Corporate
Guarantee by the Subsidiary Guarantor and/or other guarantees to be determined later (if any) constitute an integral
part of the Proposed Transaction and do not represent a separate and standalone transaction. Further information
will be disclosed no later than two (2) business days following the issuance of the Notes, in accordance with OJK
Regulation No. 17/2020.

The provision of such Corporate Guarantee is not expected to have any material impact on the financial position
of either the parent entity orthe Subsidiary Guarantor.

Referring to the foregoing description, the proposed provision of a Corporate Guarantee by the Subsidiary
Guarantor constitutes an affiliated transaction that is exempted under OJK Regulation No. 42/POJK.04/2020, as it
is conducted between entities under common control, each of which is at least 994 (ninety-nine percent) owned
by the Company. However, this transaction does not constitute a conflict of interest transaction as referred to in
OJK Regulation No. 42/2020. Furthermore, referring to Article 33 of OJK Regulation No. 17/POJK.04/2020, in the

event that the Affiliated Transaction also constitutes a Material Transaction, the Company is only reguired to comply
with the provisions on Material Transactions as stipulated in OJK Regulation No. 17/2020.

As the purchaser of the Notes have yet to be identified, information regarding the purchaser of the Notes and the
summary of the independent appraisal report is not reguired to be disclosed in this Disclosure of Information
according to Article 20 paragraph (1) letter (a) of OJK Regulation 17/2020. However, pursuant to Article 20 of OJK
Regulation 17/2020, the Company is reguired to disclose information regarding the purchaser of the Notes, the
summary of the independent appraisal report on the fairness of the value of the Proposed Transaction, the interest
rate, and the security value to the public no later than 2 (two) business days after the issuance date of the Notes

In relation to the matters mentioned, in accordance with the applicable laws and regulations, particularly OJK
Regulation 17/2020, the Company's Board of Directors hereby announces this Disclosure of Information in
accordance with the procedures and implementation procedures for material transactions with transaction values
exceeding 5044 (fifty percent) of the Company's eguity, as stipulated in Article 6 paragraph (1) letter (d) number (1)
Jo. Article 17 jo. Article 20 OJK Regulation 17/2020 with the aim of providing more comprehensive information and
description to the Shareholders regarding the Proposed Transaction.

DESCRIPTION OF THE PROPOSED TRANSACTION

1. INFORMATION ON THE PROPOSED TRANSACTION
14, Explanation, Consideration and Reasons

The primary objective of the Proposed Transaction is to obtain long-term funding to meet upcoming debt
maturities and maintain continuous access to the US Dollar bond market. The Company seeks to preserve
access to diversified funding sources as part of its prudent capital management strategy.

The Proposed Transaction is expected to help balance and extend the Company's and the Issuer's debt
maturity profile while strengthening its liguidity position, financial flexibility, and capital structure resilience
through the maintenance of diversified funding sources and investor base.

12. Impact and Benefit of the Proposed Transaction to the Company and the Issuer

Given the proceeds from the Proposed Transaction will be used, among others, for refinancing or
repayment of existing debt, the issuance of the Notes which is estimated to have a maturity period of 5
(five) years will strengthen liguidity, improve the debt maturity profile, and mitigate the risk of debt
refinancing, thereby providing greater operational and financial flexibility to the Company's group.

1.3. Information regarding Material Transaction
la) Object of the Proposed Transaction

The Issuer will offer and issue the Notes outside Indonesia in accordance with the provisions of Rule 144A
and Regulation S of the Securities Act which will be listed on the SGX-ST.

The Notes are not being offered or sold in Indonesia or to Indonesian citizens or to Indonesian residents
or Indonesian investors, whether individuals, institutions, or other legal entities in a manner that constitutes
a public offering as referred to in Law No. 8 of 1995 on Capital Markets as amended from time to time and
its implementing regulations, including but not limited does not constitute the issuance of debt securities
without a public offering as referred to in Financial Services Authority Regulation No. 30/POJK.04/2019
on the Issuance of Debt Securities and/or Sukuk Without Public Offering

The Notes will be offered by private placement to investors through Initial Purchasers (as described

below). Information regarding the Initial Purchasers will be announced no later than 2 (two) business days

after the completion of the Notes issuance. After such issuance, the Notes will be listed on the SGX-ST.
&D) Transaction Value Plan

The maximum value of the Notes is USD500,000,000.

The amount also provides flexibility for the Issuer to make early repayment of part of the bank loan if
market conditions are favorable, in order to optimize the capital structure and maintain the leverage ratio

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14.

The Parties Involved in the Proposed Transaction

The Company

Brief History

The Company is a limited liability company established under the name of PT Daeyu Poleko Indonesia
under the laws of the Republic of Indonesia based on Deed No. 117 dated 26 November 1990 drawn up
before Edison Sianipar, S.H., Notary in Jakarta, which deed has been ratified by Decree of the MOL No
C2-1823.HT.01.01.TH.91 dated 31 May 1991 and has been registered in the register book of the Central
Jakarta District Court Office under No. 1437/1992 dated 2 June 1992, and has been announced through
the State Gazette of the Republic of Indonesia No. 63 dated 7 August 1992 Supplement No. 3649

The Company's has made several name changes and lastiy to PT BUMA Internasional Grup Tbk pursuant
to the Deed of Statement of Meeting Resolutions on Amendments to the Articles of Association No. 42
dated 27 February 2025, made before Aulia Taufani, S.H., Notary in South Jakarta Administrative City,
which has obtained the approval from the MOL based on Decree No. AHU-0014318.AH.01.02.TAHUN
2025 dated 28 February 2025, and has been notified to the MOL through Notification Receipt on the
Changes of Company Data No. AHU-AH.01.09-0112201 dated 28 February 2025, both of which have
been registered in the Company Register at the Ministry of Law under No. AHU-
0047535.AH.01.11.TAHUN 2025 dated 28 February 2025, and was further notified to MOL through
Notification Receipt on the Changes of Company Data No. AHU-AH.01.09-0112346 dated 28 February
2025, and has been registered in the Company Register at the Ministry of Law under No. AHU-
0047580.AH.01.11.TAHUN 2025 dated 28 February 2025 (“Deed No. 42/2025”).

The Company's Articles of Association have been amended several times, with the latest amendment
based on Deed of Statement of Meeting Resolutions on Amendments to the Articles of Association No.
15 dated 22 May 2025, made before Aryanti Artisari, S.H., M.Kn., a Notary in South Jakarta Administrative
City which has been notified to the MOL based on the Notification Receipt on the Amendments to the
Articles of Association No. AHU-AH.01.03-0157197 dated 12 June 2025, and has been registered inthe
Company Register at the Ministry of Law under No. AHU-0129309.AH.01.11.TAHUN 2025 dated 12 June
2025, in connection with changes to the terms of office provisions for the Board of Directors and the Board
of Commissioners.

The Company is domiciled in South Jakarta with its head office located at South Ouarter Tower C, 5th
Floor, Jalan R.A. Kartini Kav. 8, Cilandak Barat, Cilandak, Jakarta 12430.

Purposes and Objectives

Pursuant to Article 3 of the Deed of Statement of Meeting Resolutions No. 39 dated 29 June 2022, drawn
up before Kumala Tjahjani Widodo, S.H., M.H., M.Kn., Notary in Central Jakarta Administrative City, which
has been oapproved by the MOL through Decree No. AHU-0052988.AH.01.02TAHUN 2022 dated 28 July
2022, and has been registered in the Company Register at the Ministry of Law under No AHU-
0146238.AH.01.11.TAHUN 2022 dated 28 July 2022, the purpose and objectives ofthe Company are to
engage in the business of (i) Services (KBLI No. 70209 and KBLI No. 64200): (ii) Mining (KBLI No. 09900):
Kii) Trading (KBLI No. 46100): (iv) Development and/or Construction (KBLI No. 41013)

The actual business activities carried out by the Company are (i) Holding Company Activities (KBLI No.
64200): and (ii) Other Management Consulting Activities (KBLI No. 70209).

Capital Structure and Shareholders Composition

Based on Deed of Statement of Meeting Resolutions No. 03 dated 3 September 2021, drawn up before
Kumala Tjahjani Widodo, S.H., M.H., M.Kn., Notary in Central Jakarta Administrative City, which has been
notified to the MOL based on the Notification Receipt on the Amendments to the Articles of Association
No. AHU-AH.01.03-0455462 dated 1 October 2021, and has been registered in the Company Register at
the Ministry of Law under No. AHU-0169393.AH.01.11. TAHUN 2021 dated 1 October 2021 juncto Deed
of Statement of Meeting Resolution on Amendment to Articles of Association No. 33 dated 18 July 2024,
drawn up before Aulia Taufani, S.H., Notary in South Jakarta Administrative City, which has obtained
approval from the MOL based on Decree No. AHU-0053935.AH.01.02. TAHUN 2024 dated 28 August
2024, and has been registered in the Company Register at the Ministry of Law under No. AHU-
0180940.AH.O1.11.TAHUN 2024 dated 28 August 2024, the latest capital structure of the Company as of
the date of this Disclosure of Information is as follows:

Authorized Capital Rp 1,350,000,000,000

Issued/Paid-Up Capital Rp 382,550,356,600

Par value per share Rp50

Shares in Portfolio 19,348,992,868 shares or eguivalent to Rp 967,449,643,400

Based on the Shareholders Register as of 31 October 2025, issued by PT Datindo Entrycom as the Shares
Registrar, the following is the composition of the Company's shareholders:

Shareholders Total Shares Total Nominal Value Ka
(Rp)

Northstar Tambang Persada, Ltd 2.924.000.000 146.200.000.000 38.22

Public 4433,169,432 221,658,471,600 57.94

Treasury Shares 293.837.700 14.691.885.000 3,84

Total 7.651.007.132 382.550.356.600 1001,

Shares in Portfolio 19,348,992,868 967,449,643,400 -

Management and Supervision

Based on Deed No. 42/2025, the composition of the Board of Directors and the Board of Commissioners
of the Company as of the date of this Disclosure of Information is as follows:

Board of Directors

President Director 1 Ronald Sutardja
Director Iwan Fuad Salim
Director 1 Dian Paramita

Board of Commissioners

President Commissioner / Independent Commissioner 1 Hamid Awaluddin
Independent Commissioner 1 Nurdin Zainal
Commissioner 1 Ashish Gupta
Commissioner Dian Sofia Andyasuri

(b) The Issuer

Brief History

The Issuer is a limited liability company established under the laws of the Republic of Indonesia based on
Deed No. 19 dated 7 December 1998 drawn up before Raden Johanes Sarwono, S.H., Notary in Jakarta,
which deed has been ratified by Decree of the MOL No. C-5698 HT.01.01.Th.2000 dated 8 March 2000.

The Issuer's Articles of Association have been amended several times with the latest amendment based
on Deed No. 69 dated 26 October 2023 drawn up before Humberg Lie, S.H., S.E., M.Kn., Notary in North
Jakarta, which has been notified to MOL based on Receipt of Notification of Amendment to the Articles of
Association No. AHU-AHO1.03-0134355 dated 27 October 2023 and has been registered in the Company
Register at the Ministry of Law under No. AHU-0215692.AH.01.11.TAHUN 2023 dated 27 October 2023
and has been announced in the State Gazette of the Republic of Indonesia No. 065, Supplement No.
022600 dated 15 August 2025, in relation with the adjustments to the provisions of OJK Regulation No.
33/POJK.04/2014 on the Board of Directors and Board of Commissioners of Issuers or Public Companies
(“Deed No. 69/2023”)

The Issuer is currently domiciled in Jakarta with its head office at South @uarter Tower A Penthouse Floor,
Jalan R.A. Kartini Kav. 8, Cilandak Barat, Jakarta 12430

Purposes and Objectives

Pursuant to Deed No. 69/2023, the purposes and objectives of the Issuer are to engage in general mining
support services (Category B) KBLI No. 09900: rental and leasing activities without option rights KBLI No
77395: employment services KBLI No. 78200 and KBLI No. 78300: travel agency and other supporting
business activities (Category N): construction support services (Category F) KBLI No. 41013: construction
(Category F), electricity, gas, steam/hot water, and air conditioning supply (Category D): trading (Category
G) KBLI No. 46593: manufacturingindustry (Category C) KBLI No. 09900: transportation and warehousing
(Category H) KBLI No. 09900 and KBLI No. 52109: as well as professional, scientific, and technical
activities (Category M). Business activities that are currently carried out by the Issuer is in the general
mining services business under KBLI No. 09900

Capital Structure and Shareholders Composition

Based on the Deed of Statement of Shareholders' Resolution No. 22 dated 11 September 2009, drawn
up before Humberg Lie, S.H., S.E., M.Kn., Notary in Tangerang, which has been notified to the MOL
based on the Notification Receipt on the Amendments to the Articles of Association No. AHU-AH.01.10-
15919 dated 14 September 2009, and has been registered in the Company Register at the Ministry of
Law under No. AHU-0061213.AH.01.11,TAHUN 2009 dated 14 September 2009 juncto the Deed of

ym

(c)

(da)

Statement of Shareholders' Resolution No. 53 dated 20 August 2021, drawn up before Humberg Lie, S.H.,
S.E., M.Kn., Notary in North Jakarta, which has been notified to the MOL under Receipt of Notification of
Changes to the Company Data No. AHU-AH.01.03-0439170 dated 20 August 2021 and registered in the
Company Register at the Ministry of Law under No. AHU-0141870 dated 20 August 2021, the latest share
capital structure and composition of the Issuers shareholders as of the date of this Disclosure of
Information are as follows:

Authorized Capital : Rp 4,250,000,000,000
Issued/Paid-Up Capital : Rp 2,050,000,000,000
Par value per share : Rp 1,000,000

Based on the above capital structure, the following is the Issuer's shareholders composition.

Name of Shareholders Number of Shares Total Nominal Value Yo
(Rp)
The Company 2,049,999 2,049,999,000,000 9999995
Ronald Sutardja 1 1,000,000 0.0000574
Total 2,050,000 2,050,000,000,000 10074
Shares in Portofolio 2.200.000 2.200.000.000.000 -

Management and Supervision

Based on Deed of Shareholders Resolution No. 25 dated 11 July 2025, drawn up before Humberg Lie,
S.H., S.E., M.Kn., Notary in North Jakarta, which has been notified to MOL based on Letter No. AHU-
AH.01.09-0311040 dated 15 Juli 2025, registered in Company Register at the Ministry of Law under No.
AHU-0158413.AH.01.11.TAHUN 2025 dated 15 July 2025, the members composition of the Board of
Directors and Board of Commissioners of the Issuer as of the date of this Disclosure of Information is as
follows:

Board of Directors

President Director Indra Dammen Kanoena

Vice President Director Nanang Rizal Achyar

Director Sumardi

Director 1 Elsahmur Ahsyur

Director : Silfanny Fadillah Bahar

Director Endang Veronica Br. Silangit
Board of Commissioners

President Commissioner Ronald Sutardja

Commissioner Ashish Gupta

Independent Commissioner : Hamid Awaluddin

Independent Commissioner Soemamo Witoro Soelarno

Potential Subsidiary Guarantor(s)

The Notes may benefit from Corporate Guarantee/s) from the Subsidiary Guarantor(s) and/or secured by
certain collateral, which will be determined at a later date (if any)

The provision of a Corporate Guarantee) in connection with the issuance of the Notes constitutes an
@ffiliated transaction that is exempted under OJK Regulation 42/2020, as the transaction is carried out
between Controlled Companies in which at least 9996 (ninety-nine percent) of the shares are owned by
the Company.

Initial Purchasers

As of the date of this Disclosure of Information, the initial purchasers (“Initial Purchasers”) had not been
determined. Information and background of the Initial Purchasers will only be known during the
bookbuilding period of the Notes, which is a period when the Initial Purchasers convey the number of
Notes to be purchased and the proposed interest rate with the objective to obtain an indication of ihe
number of Notes to be issued. The Initial Purchasers are parties that have roles in purchasing the Notes
to be issued by the Issuer and then resell them to the general investors.

1.5.

ta)

Key Financial Highlights

Summary of Key Financial Highlights

PT BUMA Internasional Grup Tbk
aa 30 Jun 2025 | 30 Jun 2024 | 31 Dec 2024 | 31 Dec 2023
Expressed in million USD
Statement of Profit (Loss)
Net Revenue 730 855 1,756 1,833
Net Revenue Excl. Fuel 600 742 1,522 1614
Cost of Revenue - 744 -781 -1,603 -1,587
Gross Profit (loss) “14 74 153 246
Operating Expense -43 43 100 -95
Operating Profit (Loss) -57 31 53 152
EBITDA 64 160 314 412
Profit (Loss) before Tax -97 -32 18 60
Profit (Loss) for the period -80 -27 -66 36
Comprehensive income (loss) for the
period 1 -26 53 152
Consolidated Statements of Financial
Position
Total Current Asset 607 754 635 1,025
Total Non-Current Asset 967 894 952 849
Total Asset 1,574 1,648 1,587 1,875
Total Current Liabilities 697 461 429 528
Total Non-Current Liabilities 776 940 964 1,074
Total Liabilities 1473 1401 1,394 1,602
| Total Eauity 101 2a7 | a98| 23
Debt? 1,081 1,017 1,028 1,222
Cash and Cash Eguivalent 224 261 214 543
Statement of Consolidated Cash Flows
Net cash flows from operating activities 81 139 259 340
Net cash flows for investing activities -110 -178 335 -160
Net cash flows for financing activities 40 -201 -218 169
Financial Ratios'
Gross Margin -2.28Y0 9.960 10.05Y9 15.270
Operating Profit Margin 9534 41300 3.4805 9411
EBITDA Margin 10.62Yo 215590 20.64Yo 25.550
Pretax Margin 161740 -4.29o 5.09 3.740
Net Profit Margin 13.29 3.586 14.330 2.236
Net Working Capital -90 293 206 497
Retumon Assets” 7.561 0.301 415 — 1.920 |
Return on Eguity A17.95K 2.02Yo 34.040 13.210
Current Ratio 0.87x 1.64x 1.48x 1.94x
Total Liabilities/Total Assets 0.94x 0.85x 0.88x 0.85x
Total Liabilities/Total Eguity 14.60x 5.67x 7.20x 5.88x
Debt/Total Eguity2 10.71x 4AIx 5.31x 4.48x
Debt/Total Asset? 0.69x 0.62x 0.65x | 0.65x |
Net Debt 856 756 814 679
Net Debt/EBITDA 3.93x 1.90x 2.59x 1.65x

? Margins are based on net revenue excluding fuel costs
2 Debt represents outstanding contractual debt

(b)

1.6.

The Public Accounting Firm that conducted the audit of the financial statements referenced in this
Disclosure of Information is Kantor Akuntan Publik Aria Kanaka & Rekan, a member of Forvis Mazars
Indonesia. The audit was conducted by Public Accountant Dudi Hadi Santoso (Public Accountant
Registration No. AP.1013), pursuant to:

1. Independent Auditors Report No. 00328/2.1011/AU.1/02/1013-5/1/1X/2025 dated 30 September
2025, expressing an ungualified opinion in all material respects on the Company's Interim
Consolidated Financial Statements for the period ended 30 June 2025.

2. Independent Auditor's Report No. 00143/2.1011/AU.1/02/1013-4/1/11/2025 dated 27 March 2025,
expressing an ungualified opinion in all material respects on the Company's Consolidated Financial
Statements for the period ended 31 December 2024.

3. Independent Auditors Report No. No. 00086/2.1011/AU.1/10/1013-3/1/11/2024 dated 13 March
2024, expressing an ungualified opinion in all material respects on the Company's Consolidated
Financial Statements for the period ended 31 December 2023

No audit was conducted on the Company's Interim Consolidated Financial Statements for the period
ended 30 June 2024.

Brief Analysis of the Summary of Key Financial Highlights and Impacted Financial Ratios

Consolidated Statement of Profit (Loss)

In the first half of 2025 (“1H25”), the Company recorded net revenue of USD730 million, a 1546 decrease
compared to the first half of 2024 (“1H24”) of USD855 million. This decrease was primarily due to
significant operational challenges in the first guarter of 2025, extreme rainfall, and ramp-down activities in
Indonesia and Australia, which reduced production volumes. These conditions also depressed EBITDA
by 6075, from USD160 million (21.5596 margin) in 1H24 to USD64 million (10.62Y6 margin) in 1H25, also
impacted by increased fuel costs and one-off severance costs. The Company recorded a net loss of
USD8O million in 1H25 (1H24: USD27 million), primarily due to the decrease in EBITDA and the provision
for receivables. This impact was partially offset by positive exchange rate effects, fair value gains on
investments in 29Metals, lower interest expense, higher tax benefits, and decreased depreciation due to
lease expirations and the closure of several mine sites.

Net revenue for 2024 was USD1,756 million, down 494 from USD1,833 million in 2023. This decrease was
due to lower production volumes due to ramp-down activities and higher rainfall throughout 2024. These
conditions also decreased EBITDA by 24”, from USD412 million (25.5596 margin) to USD314 million
(20.642 margin), impacted by increased employee costs, mobilization and demobilization related to ramp-
up and ramp-down activities. The Company recorded a loss of USD86 million in 2024, compared to a
profit of USD36 million in 2023, due to lower EBITDA and increased finance costs related to the settlement
of long-term liabilities and foreign exchange losses.

Consolidated Statement of Financial Position

In the last three years, total assets as of 31 December 2024, were recorded at USD 1,587 million, an 189
decrease from USD 1,875 million as of 31 December 2023, primarily due to payments for strategic
investments and the repayment of bank loans and bonds throughout 2024. Entering 2025, total assets
remained relatively stable, decreasing 1Yo to USD 1,574 million as of 30 June 2025. Total liabilities
decreased to USD 1,394 million in 2024 from USD 1,602 million in 2023 due to the repayment of bonds
and bank loans, but increased to USD 1,473 million as of 30 June 2025, following the issuance of BUMA's
Sukuk Ijarah Iin March 2025. Total eguity decreased over the last three years due to accumulated losses.

Consolidated Statement of Cash Flows
Operating cash flow decreased to USD8T million in 1H25 from USD139 million in 1H24, and decreased
from USD340 million in 2023 to USD259 million in 2024, in line with the decline in revenue, EBITDA, and
net income over the past three years. Investing cash flow recorded a cash outflow of USD178 million in
1H24 compared to USD110 million in 1H25. For the trailing twelve-month period, investing cash outflow
increased from USD160 million in 2023 to USD335 million in 2024, reflecting strategic investments and
higher capital expenditures (capex) in 2024

Financial Ratios

The decline in EBITDA and profitability over the past three years has led to an increase in the solvency
ratio. As of 30 June 2025, Debt/Eguity was 10.71x and Net Debt/EBITDA was 3.93x. For comparison,
Debt/Eguity and Net Debt/EBITDA were recorded at 5.31x and 2.59x, respectively, as of 31 December
2024, and at 4.48x and 1.65x, respectively, as of 31 December 2023.

Impact of the Transaction on the Company's Financial Condition
The Proposed Transaction is expected to increase the Company's total debt from USD1,081 million as of

30 June 2025. However, as most of the funds will be used for refinancing or early repayment of other debt
facilities, the overall impact on the Company's leverage is expected to remain minimal.

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INFORMATION REGARDING THE NOTES
() Issuer of the Notes:

The Notes will be issued by the Issuer. Information regarding the Issueris described in the above
point 1.4(b)

(iiy The Notes' Principal:
A maximum of USD 500,000,000.
Kiiiy —— Maturity Date of the Principal Date Payment:

The Notes' principal will be paid in full and at once on the maturity date of the Notes maximum
in fifth years after the issuance of the Notes or another period as agreed by the parties

(iv) Interest and Interest Payment Period:
The fixed interest rate is up toa maximum of 1094 (ten percent) perannum.
Interest will be paid every 6 (six) months (semi-annually) in arrears

(v) Guarantee:

The Notes are planned to be unconditionally and irrevocably guaranteed through a Corporate
Guarantee by BUMA Australia, The reguirement for the Corporate Guarantee will be determined
during the bookbuilding process.

Information regarding the provision of the Corporate Guarantee(s) and/or other forms of security
(if any), including the guarantee terms and value, will be disclosed by the Company to the public
no later than 2 (two) business days after the issuance of the Notes, in accordance with the
provisions of OJK Regulation 17/2020.

The provision of Corporate Guarantee(s) in connection with the issuance of the Notes constitutes
an affiliated transaction that is exempted under OJK Regulation 42/2020, as the transaction is
carried out between Controlled Companies in which at least 9996 (ninety nine percent) of the
shares are owned by the Company.

(Vi) Negative Covenant:

In connection with the Proposed Transaction, there may be certain restrictions imposed on the
Issuer, which are reasonable and commonly applied in similar transactions.

The Company and/or the Issuer will ensure compliance with all applicable covenants and that
such restrictive covenants will not be detrimental to the Issuer's bondholders or the Company's
public shareholders.

The Company will carefully monitor its financial performance and take the necessary measures
to ensure compliance with the applicable financial ratio reguirements.

(vii) Use of Proceeds:
The maximum funding reguirement of USD500.000.000 is planned to be used as follows

i. Up to approximately USD223 million may be used to repay debt maturing in 2026.

ii. Up to approximately USD150 million may be used to fund a portion of he Company's capital
@xpenditure and working capital reguirements. Over the past three years, the Company's
annual capex has ranged between USD 130-200 million, and a portion of these needs may
be financed through the proceeds of the Notes.

iii. The remaining proceeds, depending on the amount of Notes issued and other funding
reguirements, may be used for early repayment of certain bank facilities and/or to support
available investment opportunities

(viii) — Schedule and Listing Plan:
Subject to prevailing market conditions, the approval of the General Meeting of Shareholders,

and completion of applicable regulatory and listing reguirements, the Notes are expected to be
listed on the SGX-ST shortly after the Proposed Transaction is completed,

As the purchasers of the Notes have yet to be identified, the information about the Notes' purchaser and
the summary of the independent appraisal report is not reguired to be disclosed in this Disclosure of
Information. However, pursuant to Article 20 of OJK Regulation 17/2020, the Company is reguired to
disclose information regarding the Notes' purchaser, the summary of the independent appraisal report on
the fairness of the Transaction value, the interest rate, and the security value to the public no laterthan 2
(two) business days after the Notes issuance.

There is no affiliate relationship between the Issuer as debtor and any existing creditors or prospective
banks acting as Initial Purchasers for the issuance of these Notes, including members of the Board of
Directors, members of the Board of Commissioners, and primary shareholders of the Company or the
Issuer.

In the event of an affiliated Initial Purchaser, the Company will continue to comply with applicable laws

and regulations, particularly regarding affiliated transactions and contlicts of interest transactions as
stipulated in OJK Regulation 42/2020.

TIMATED TIME SCH E

EGMS Notification to OJK 13 October 2025
EGMS Announcement 21 October 2025
Submission of the Disclosure of Information to OJK 21 October 2025
Disclosure of Information Announcement through the Company's and 21 October 2025
Indonesia Stock Exchange's website

Recording Date 4 November 2025
EGMS Invitation 5 November 2025
Amendment and/or Additional Information on the Disclosure of 25 November 2025
Information

EGMS Holding Date 27 November 2025
EGMS Summary of Minutes of Meeting Announcement 1 December 2025

RECOMMENDATIONS OF THE BOARD OF COMMISSIONERS AND
THE BOARD OF DIRECTORS

The Board of Directors and the Board of Commissioners of the Company recommend to all of the Shareholders to
approve the Proposed Transaction in the EGMS which will be held on Thursday, 27 November 2025 because the
Board of Directors and Board of Commissioners of the Company believe that the Proposed Transaction is carried
out in the best interests of the Company and the Shareholders.

STATEMENT OF THE BOARD OF COMMISIONERS AND THE BOARD OF DIRECTORS

1 This Disclosure of Information is complete and in accordance with the reguirements under OJK Regulation
17/2020
2 Statements in the Disclosure of Information conveyed do not contain statements or information or facts

that are untrue or misleading, and have contained all material information or facts which are necessary
for the shareholders in making decisions regarding the Proposed Transaction

»

The Proposed Transaction does not contain a conflict of interest as referred to in OJK Regulation 42/2020

'ANNOUNCEMENT OF THE EXTRAORDINARY GENERAL MEETING Oi
SHAREHOLDERS

In accordance with the provisions of OJK Regulation 15/2020 and OJK Regulation 14/2025, the Board of Directors
of the Company hereby announces to the Shareholders that the Company will convene an EGMS on

Day/Date 1 Thursday, 27 November 2025
Time 1. 14:00 Western Indonesian Time - finish
Place 1: Pacific Century Place, Function Room B, Level B1,

SCBD Lot 10, Jl. Jend. Sudirman Kav 52-53, Jakarta 12190
Electronic Attendance Through the facility of Electronic General Meeting System (“eASY.KSEI")

Furthermore, the agenda item of the Company's EGMS in relation to the Proposed Transaction is as follows:

Approval of the Company's plan, directly or indirectly through a controlled company of the Company, to issue debt
securities or Notes denominated in United States Dollars with a total principal amount of up to USD 500,000,000
(five hundred million United States Dollars), to be carried out in one (1) or several issuances that constitute a series
of transaction within a period of twelve (12) months from the date of approval by the EGMS, through an offering
that does not constitute a public offering ora debt securities offering conducted without a public offering pursuant
to Law No. 8 of 1995 on Capital Markets as amended by Law No. 4 of 2023 on the Development and Strengthening
of the Financial Sector (including but not limited to Financial Services Authority Regulation No. 30/POJK.04/2019
on the Issuance of Debt Securities and/or Sukuk Without Public Offering), and the granting of corporate guarantee
or other forms of security by a controlled subsidiary of the Company that is wholly owned by the Company, which
constitutes a material transaction that reguires approval of the general meeting of shareholders as reguired under
the Financial Services Authority Regulation No. 17/POJK.04/2020 on Material Transactions and Changes in
Business Activities.

The Shareholders who are entitled to attend/represented at the EGMS are the Shareholders whose names are
registered in the Company's Shareholders Register on Tuesday, 4 November 2025 at 16:00 Western Indonesia
Time or owners of securities account balances in PT Kustodian Sentral Efek Indonesia at the closing of the
Company's share trading on the Indonesia Stock Exchange on 4 November 2025:

Each proposal from the Shareholders will be included in the EGMS agendas if it meets the reguirements in Article
16 OJK Regulation 15/2020 and Article 20 paragraph (4) of the Company's Articles of Association and the
Company's Board of Directors expect that this proposal can be submitted to the Company's Board of Directors in
writing by one or more Shareholders representing at least 1/20 of the total number of shares issued by the Company
with valid voting rights, no later than 29 October 2025 seven (7) days prior to the EGMS invitation)

Reguirements for the attendance guorum and resolution-making guorum in the EGMS to approve the proposed
Transaction based on the Company's Articles of Association in accordance to OJK Regulation 15/2020 are as
follows:

2) The EGMS to approve the Proposed Transaction must be attended by more than 1/2 (one half) of the
total shares issued by the Company.

b) Ifthe guorum referred to in letter ais not reached, the second EGMS can be held provided that the second
EGMS is valid and has the right to make resolutions if at the EGMS at least 1/3 (one third) of the total
shares with voting rights are present or represented.

Cc) The EGMS resolutions as referred to in letters a and b are valid if approved by more than 1/2 (one half)
of the total shares with voting rights present at the EGMS.

d) If the attendance guorum at the second EGMS as referred to in letter b is not reached, the third EGMS
can be held provided that the third EGMS is valid and has the right to make resolutions if it is attended by
shareholders of shares with valid voting rights with the attendance guorum and resolution-making guorum
determined by OJK at the Company's reguest.

If the Proposed Transaction does not obtain the EGMS approval, the proposed Transaction can only be
submitted again 12 (twelve) months after the EGMS is convened.

“y R

ADDITIONAL INFORMATION

For the Shareholders who reguire further information regarding the Proposed Transaction, please contact:
PT BUMA Internasional Group Tbk

South Ouarter Tower C, 5" Floor,
JI RA. Kartini Kav. 8, Cilandak Barat, Cilandak,
South Jakarta 12430
Phone : (021) 30432080
Fax : (021) 30432081
Website : www. bumainternational.com

Email : corpsec@bumainternational.com

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