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                   PT ABM Investama Tbk 9M 2025
  Enduring Momentum Amid Sector Turbulence: Driving a Sustainable Future

Jakarta, October 31st 2025 - PT ABM Investama Tbk (“the Company”) has published its interim
consolidated financial statements for the period ending September 30, 2025. The Company
accelerated strategic initiatives implementation to address persistent external challenges—including
coal price fluctuations and challenging weather conditions on operation sites— with emphasize on
maximize operational achievements and prudent financial management across all business units.

Driven by the rapid and effective execution of strategic initiatives, the Company achieved notable
improvements in operational and financial performance during 3Q25, as evidenced by a quarter-on-
quarter (QoQ) increase in overburden removal and higher profitability metrics. Building on this positive
momentum, the Company aims to further enhance overall performance in the final quarter of the
fiscal year.

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Improved Performance in Third Quarter: Pathway to Strong Second Half Performance
    • The Company recorded consolidated revenue at $781.6 million, decline by 12.5% YoY,
       reflecting the impact of weakened coal prices and significant operational challenges due to
       extreme weather in 1H25. Adjusted EBITDA (1) reported at $280.7 million, 39.8% decline
       compared to 9M24, while Net Profit (2) recorded at $42.4 million, lower than 9M24
       realization;
    • The overburden removal volume experienced 12.0% YoY decreased to 178.6 Mbcm in 9M25
       from 202.9 Mbcm in 9M24 by the Company’s mining contractor arm, coal getting volume also
       declined by 14.2% YoY to 24.8 Mt in 9M25 accordingly;
    • Despite lower YoY figures, rain hours normalization in operation sites and implementation of
       strategic initiatives during 3Q25 contribute to QoQ increase of overburden removal volume
       which reflected in higher profitability metrics in 3Q25 compared to 2Q25 period.;
    • Fuel trading business declined by 14.4% in fuel sales volume to 282 million litre in 9M25;
    • Logistics business preserved solid performance, with an on-time delivery rate of 94.0% in
       9M25; and
    • Services and fabrication business continuously improved its on-time-in-full delivery rate to
       83.7% in 9M25, up from 77.0% in 9M24.

---
Outlook: Strategic Precision with Proven Outcomes
Throughout the third quarter of 2025, the Company remained focused on executing a series of
strategies aimed at enhancing operational productivity and maximizing output to regain momentum
following challenging first half. These efforts delivered tangible results, with QoQ improvements in
operational metrics — notably, overburden removal and coal getting volumes rose by 15.6% and
12.8%, respectively. This operational uplift combined with ongoing cost efficiency initiatives translated
into stronger financial performance, reflected in a 7.0% QoQ increase in consolidated revenue, while
cost of revenue rose modestly by only 3.9%, resulting in a substantial 39.5% QoQ growth in gross profit
compared to 2Q25 period.

Beyond short-term gains, the Company remains committed on long-term strategic initiatives focused
on stabilizing mining operations and expanding its non-coal revenue base through ventures in adjacent
(1) Adjusted EBITDA calculation formula is = Gross Profit – Selling, General, & Administrative Expenses + Depreciation and Amortization
Expense + Share profit of associates
(2) Profit (loss) For The Year attributable to owners of the parent entity
(3) On time delivery calculation formula is = (Early shipment amount + On time shipment amount)/ total shipment amount
(4) On time In-full calculation formula is = The number of deliveries made on time and complete/total number of deliveries
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business which will enhance synergy towards the Company’s business ecosystem. These strategies are
aligned with the Company’s vision to strengthen its position as a leading and reputable mining value
chain entity in Indonesia.


--

Responsible Growth with Lasting Value

The Company remains committed to prudent financial management, value creation, and
environmental stewardship. The Company has installed solar panels with a capacity of 643.8 kWp at
Jambi mining site, implement carbon reduction program in one of logistic business site resulted to
reduction of 110 ton CO₂e since 2022.

Moreover, the Company is actively involved in community empowerment especially on education as
the primary focus which are done through numerous in-class teaching, multiple operators
development program including stunting and valuable partnership across Indonesia as part of SDGs
target. These actions have brought benefits for thousands of beneficiaries and highlighted the
importance of social and environment factors for the Company. Reinforcing its steadfast commitment
to advancing sustainable business practices, the Company continued to demonstrate excellence
through a series of distinguished achievements in 2025. Central to its success is a deep-rooted
dedication to diversity, equity, and inclusion (DEI), reflected in its ongoing efforts to cultivate a
workplace that values empowerment, equal opportunity, and leadership at all levels. This commitment
was exemplified in July 2025, when employee Apriaty Sirait received the Perempuan Berbakti 2025
award in the “Perempuan Berprestasi” category from the Ministry of Women Empowerment and Child
Protection and CFCD, recognizing her outstanding leadership and impactful contributions. Further
affirming its strong performance and growing influence, the Company also secured the 62 nd position
in the Fortune 100 by Fortune Magazine in August 2025, underscoring its continued progress toward
sustainable growth and organizational excellence.

Demonstrating its broader sustainability leadership, in September the Company’s flagship initiative,
“Journey of Aranio Coffee,” received the Bronze Award at the CSR & Pengembangan Desa
Berkelanjutan Awards 2025, presented by the Ministry of Village, Development of Disadvantaged
Regions, and Transmigration in collaboration with the Indonesian Social Sustainability Forum. In the
same event, its subsidiary was also recognized with a Bronze Award for the “Klaster Pertanian Ramah
Lingkungan” initiative, promoting the use of biotron (Biochar Three in One) as an eco-friendly soil
conditioner supporting farmers in South Kalimantan. The Company was further acknowledged as an
ASRRAT 2025 Platinum Candidate by the National Center for Corporate Rating and received the Merit
Achievement Award from InvestorTrust, reinforcing its commitment to sustainable value creation and
excellence in corporate responsibility.

---

Director’s Statement – Hans Manoe
“In response to external challenges faced during the first half of 2025, the Company acted swiftly by
accelerating and executing a series of strategic initiatives aimed at enhancing operational productivity,
improving cost efficiency, disciplined capital management, and adopting more prudent financial
management. These efforts led to significant improvements in both operational outcomes and
financial results during the third quarter. Looking forward, the Company remains committed to
maximizing operational productivity to deliver sustained long-term value for its stakeholders.”
Hans Manoe - Director of PT ABM Investama Tbk.
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Financial & Operational Highlights

 Financial Metrics                                                    UoM                 9M24               9M25             % YoY
 Revenue                                                             USD Mn               893.5              781.6            -12.5
 Adjusted EBITDA                                                     USD Mn               466.7              280.7            -39.8
 Net Income                                                          USD Mn               111.9               42.4            -62.1
 Total Assets                                                        USD Mn              2,131.9            2,079.0            -2.5
 Total Liabilities                                                   USD Mn              1,316.2            1,213.8            -7.8
 Equity                                                              USD Mn               820.7              865.2              5.4



 Operational Metrics                                                 UoM                  9M24               9M25             % YoY
 Overburden Removal Volume                                          Mbcm                  202.9              178.6            -12.0
 Coal Getting                                                         MT                   28.9               24.8            -14.2
 Fuel Sales Volume                                                  Mn Litre              329.6              282.2            -14.4
 On Time Delivery (3)                                                 %                    94.0               94.1             0.1
 On-Time In-Full (4)                                                  %                    77.0               83.7             6.7



Revenue by Segment

 Financial Metrics                                                   UoM                 9M24                9M25             % YoY
 Services                                                           USD Mn                163.0               155.3            -4.7
 Manufacturing                                                      USD Mn                 30.0                25.6           -14.7
 Mining Contractors and Coal Mining                                 USD Mn                695.1               566.9           -18.4
 Others                                                             USD Mn                288.6               239.5           -17.0
 Elimination                                                        USD Mn               -283.2              -205.7
 Total                                                              USD Mn                893.5               781.6            -12.5




(1) Adjusted EBITDA calculation formula is = Gross Profit – Selling, General, & Administrative Expenses + Depreciation and Amortization
Expense + Share profit of associates
(2) Profit (loss) For The Year attributable to owners of the parent entity
(3) On time delivery calculation formula is = (Early shipment amount + On time shipment amount)/ total shipment amount
(4) On time In-full calculation formula is = The number of deliveries made on time and complete/total number of deliveries
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About The Company
PT ABM Investama Tbk. (IDX: ABMM) is an integrated energy company through strategic investments in
the mining, logistics and industrial engineering services sectors to support the entire energy industry
value chain and create clean energy for future sustainability.
ABM owns several subsidiaries which are PT Reswara Minergi Hartama (RWA), PT Cipta Kridatama (CK),
PT Cipta Krida Bahari (CKB), PT Sanggar Sarana Baja (SSB), PT Prima Wiguna Parama (PWP), PT Nagata
Dinamika (ND), and PT Anzara Janitra Nusantara (AJN).

As part of PT Tiara Marga Trakindo group companies, ABM pursues a lofty vision of becoming a strategic
investments company with integrated energy solution that manages the entire mining value chain. ABM
position itself as a Holding Investment for several business entities divided into 2 (two) business sectors.
ABM’s integrated business chain or known as the Mining Value Chain (MVC) sector is able to align the
operational segments, starting from mining concessions, mining contractor services, fuel management,
to coal shipping. In addition, the Logistics, Engineering & New Businesses (LENB) sector, formed by ABM,
aims to strengthen synergy and support for the logistics, industrial engineering and renewable energy
businesses.

For more information, please contact:

Corporate Secretary
Email: corporate.secretary@abm-investama.co.id

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linked org ABM Investama Tbk p.1 ×11
linked org PT Tiara Marga Trakindo p.4
unresolved org Ministry of Village p.2
unresolved org PT Reswara Minergi Hartama p.4
unresolved org PT Cipta Kridatama p.4
unresolved org PT Cipta Krida Bahari p.4
unresolved org PT Sanggar Sarana Baja p.4
unresolved org PT Prima Wiguna Parama p.4
unresolved org PT Nagata Dinamika p.4
unresolved org PT Anzara Janitra Nusantara p.4

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