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PT Medco Energi Internasional Tbk                      Tel +62-21 2995 3000
The Energy 53rd Fl., SCBD Area Lot 11 A                Fax +62-21 2995 3001
Jl. Jend. Sudirman, Jakarta 12190                      www.medcoenergi.com
Indonesia




                              MedcoEnergi Commences Trading on the OTCQX Best Market

Jakarta, 22 November 2025 – PT Medco Energi Internasional Tbk (IDX: MEDC; OTCQX: MDCOY) ("MedcoEnergi"
or the "Company") today announced that its sponsored American Depositary Receipts (ADRs) have commenced
trading on the OTCQX® Best Market under the ticker symbol "MDCOY."

This is another milestone in MedcoEnergi's capital markets strategy, with this initiative we are providing U.S. equity
investors with streamlined and efficient access to the Company's shares through a regulated and transparent
trading platform.

Roberto Lorato, CEO of MedcoEnergi, stated, "As the first Indonesian issuer to join OTCQX, MedcoEnergi
continues to enhance its visibility and accessibility to a broader international investor base. This further strengthens
our investor base, increases liquidity for existing IDX shareholders and supports our long-term value creation
strategy."

The OTCQX Best Market provides companies listed on qualified international exchanges with the ability to utilize
their home market reporting to make financial information readily available to U.S. investors. Companies trading on
OTCQX must meet high financial standards, follow best practice corporate governance, and demonstrate
compliance with applicable securities laws.

PT Medco Energi Internasional Tbk (“MedcoEnergi”) is a leading Southeast Asian energy and natural resources company listed on the
Indonesia Stock Exchange (MEDC-IDX). MedcoEnergi has three key business segments, Oil & Gas, Power and Copper & Gold Mining.
MedcoEnergi explores for and produces oil and gas primarily in Indonesia. The Group operates gas, PV, geothermal and hydro power plants
in Indonesia through Medco Power and has a non-consolidated interest in Amman Mineral Internasional Tbk which operates a large copper
and gold mine in Indonesia.

This document may contain projections, plans, strategies, policies and objectives of MedcoEnergi which should be treated as forward looking
statements within the meaning of applicable law. Forward looking statements, by their nature, involve risks and uncertainties that could cause
actual results to differ materially from those expressed or implied in these statements. The Company does not guarantee that any action
taken in reliance on this document will bring specific results.

                                                    For further information please call:
                         Corporate Secretary | Investor Relations | Tel: (62-21) 2995 3000, Fax: (62-21) 2995 3001
                          Email: corporate.secretary@medcoenergi.com | investor.relations@medcoenergi.com
                                                     Website: www.medcoenergi.com

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Names mentioned 4 people and organisations named in the text · linked when the evidence is strong

linked org Medco Energi Internasional Tbk p.1 ×8
linked person Roberto Lorato p.1
unresolved org Indonesia Stock Exchange p.1

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