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                                                                                             Press Release

PT BARITO PACIFIC TBK (IDX: BRPT) ANNOUNCES ITS UNAUDITED CONSOLIDATED PERFORMANCE FOR THE
FIRST NINE MONTHS OF 2025

Key Highlights:

    •   Consolidated 9M25 Revenues of US$5,564 million (+232% YoY)
    •   Consolidated 9M25 EBITDA of US$2,219 million (+421% YoY)
    •   Consolidated 9M25 Net Profit After Tax of US$1,819 million (+2,882% YoY)

Jakarta, 31 Oct, 2025 - PT Barito Pacific Tbk. (“Barito Pacific”, “BRPT” or the “Company”) today released its
unaudited consolidated financial statements for the first nine months of 2025:

Agus Pangestu, the Company’s President Director states that:

“We are pleased to report a strong nine-month performance, underscoring Barito Pacific’s continued journey
of transformation. This achievement reflects our ongoing commitment to operational excellence, portfolio
optimization, and disciplined capital management. Each milestone achieved reaffirms our belief in sustainable
growth and our vision to build a stronger, more dynamic Barito Pacific — one that continues to evolve, adapt,
and create lasting value for all stakeholders.

The first nine months of 2025 marked a period of exceptional growth for the Company, reflecting the strength
of our transformation and strategic focus. Revenues reached US$5,564 million, a remarkable 232% increase
from the previous year, while net profit after tax surged to US$1,819 million — a testament to our expanding
scale and operational excellence. This strong performance was propelled by the continued positive impact of
our acquisition of Aster Chemicals and Energy Pte. Ltd. (ACE) earlier in the year, which has significantly
enhanced our portfolio and earnings base as well as expanded our regional footprint in Southeast Asia’s
chemical and energy sector. Barito Renewables also played a pivotal role, delivering capacity expansion,
consistent geothermal output, stronger wind generation, and improved efficiency through disciplined cost
management — reinforcing our commitment to sustainable and resilient growth

We have further delivered strong strategic progress across our portfolio in 2025. Through Chandra Asri Group
(CAP), we further expanded our regional presence through the acquisition of ExxonMobil’s Esso-branded retail
network in Singapore, reinforcing its vision to build an integrated energy platform across Southeast Asia
following the earlier acquisition of Aster Chemicals & Energy. In chemicals, construction of the CA-EDC Plant in
Cilegon reached 33% completion, marking a key milestone toward Indonesia’s chemical self-sufficiency. The
Group also advanced its infrastructure and logistics capabilities through CDI Group’s portfolio expansion, while
Barito Renewables achieved notable operational milestones, including the completion of the Salak retrofit and
binary (24.3MW) as well as continued progress of Wayang Windu retrofit — solidifying its path toward 2.3 GW
of renewable capacity by 2032.

As we look to the future, Barito Pacific remains deeply committed to its transformation journey — one defined
by innovation, resilience, and disciplined growth. We will continue to strengthen our businesses through
strategic expansion, uphold strong capital discipline, and recycle capital to unlock new opportunities. Guided
by our long-term vision, we are confident that these efforts will not only sustain our momentum but also create
enduring value for our shareholders.”
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Financial Performance:

 (US$ million, unless otherwise stated)           9M25            9M24      % Change
 Net Revenues                                      5,564           1,677        231.8%
    Petrochemical                                  5,102           1,232        314.1%
    Energy                                           457             441           3.6%
    Others                                             4               4           0.0%
 Cost of Revenues                                  5,391           1,296        316.0%
 Gross Profit                                        173             382        (54.7%)
 Finance costs                                       299             256          16.8%
 Net Profit after Tax                              1,819              61        2,882%
    Attributable to:
        Owners of the Company                        582              27        2055.6%
        Non-controlling Interests                  1,237              34        3538.2%
 EBITDA                                            2,219             426         420.9%
 Gross Profit Margin (%)                            3.10           22.75          (20pp)
 EBITDA Margin (%)                                 39.88           25.39            14pp
 Debt to Capital (%)                               50.26           52.50           (2pp)
 Net Debt to Equity (x)                            0.54x           0.72x

 Balance Sheet (US$ million)                      9M25             2024       % Change
 Total Assets                                     16,011          10,533          52.0%
 Total Liabilities                                 9,637           6,345          51.9%
 Total Equity                                      6,374           4,188          52.2%
 Total Debt                                        6,441           4,628          39.2%
 Net Debt                                          3,472           3,022          14.9%




FINANCIAL PERFORMANCE ANALYSIS:

Consolidated net revenue surged 232% YoY to US$5,564 million in 9M25, primarily driven by the following
factors:

   • Contribution from the consolidation of Aster acquisition within our chemical segment, including the
     addition of the refinery sub-segment.
   • Stronger geothermal output following, contributions from the Salak binary unit, improvement in the
     wind generation during the period.
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EBITDA rose to US$2,219 million

    •   Consolidated EBITDA rose to US$2,219 million, primarily driven by continued impact from the
        recognition of bargain purchase accounting related to the Aster acquisition, and sustained benefits
        from disciplined cost control and operational efficiencies.

Consolidated Net Profit After Tax

Driven by the recognition of bargain purchase accounting, we recorded a substantial increase in net profit after
tax, reaching US$1,819 million for the period.

Total Assets and Total Liabilities

As of 9M25, the acquisition of Aster and follow-up acquisition translates to an increase in our total assets to
US$16,011 million. We have further improved our net debt to equity from 0.72x to 0.54x, as a result of the
bargain purchase accounting, which resulted from 52% higher equity to US$6,374 million. This reinforced
capital structure positions us well to maintain a strong balance sheet and continue supporting our future
expansion plans.

                                                 ----- END -----

About Barito Pacific
Barito Pacific (IDX: BRPT) is an integrated energy company based in Indonesia with multiple power and
industrial assets. Through Barito Renewables, BRPT operates renewable energy assets with a combined
capacity of 989MW. Along with Indonesia Power, a wholly-owned subsidiary of PLN, BRPT is developing Java 9
& 10, a 2 x 1,000MW ultra super-critical class power plant with enhanced efficiencies and environmental
performances. BRPT also owns a controlling share of PT Chandra Asri Petrochemical Tbk (IDX: TPIA), Indonesia’s
largest and only integrated petrochemical company. Visit us at: www.barito-pacific.com



For more information, please contact:

Corporate Secretary | Corporate Communications and Investor Relations

PT Barito Pacific Tbk.
Phone: (62-21) 530 6711
Fax: (62-21) 530 6680
Email: corpsec@barito.co.id, Investor.relations@barito.co.id

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