20260728_ELSA_Laporan Informasi dan Fakta Material_32115380_lamp2.pdf

Narahubung:
Jayanty Oktavia Maulina (Anty)
Senior Manager Corporate Communications & Relation
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id

Press Release
     Elnusa's Net Profit Surges 29% in the First Half of 2026, Reinforcing Sustainable
                                  Growth Momentum

Jakarta, 28 July 2026 – PT Elnusa Tbk (ELNUSA, IDX: ELSA), an integrated energy services company and a member of Pertamina's Upstream Subholding,
once again delivered solid financial performance in the first half of 2026. The Company recorded operating revenues of IDR 7.6 trillion, representing a 9%
year-on-year (YoY) increase compared to the same period last year. This growth was accompanied by a 16% increase in EBITDA to IDR 862 billion, while
net profit surged 29% to IDR 435 billion, reflecting an acceleration in profitability that outpaced revenue growth and further strengthened the quality of
the Company's earnings.

Elnusa's Finance Director, Nelwin Aldriansyah, stated that the strong performance reflects the effectiveness of the Company's strategy in optimizing its
business portfolio, enhancing asset productivity, and maintaining cost discipline amid the dynamic energy industry. "The fact that profit grew faster than
revenue demonstrates that Elnusa is not only expanding its business volume but is also improving the quality of its earnings and operational efficiency.
This serves as a solid foundation for sustainable growth while creating greater value for our shareholders," said Nelwin.

The improved quality of the Company's performance was also reflected in its Net Profit Margin (NPM), which increased to 5.7%, representing
approximately 19% growth compared to the first half of 2025. This margin expansion underscores Elnusa's success in enhancing profitability through
disciplined cost management, optimized asset utilization, and a higher contribution from value-added business activities.

From a business portfolio perspective, the Energy Distribution & Logistics Goods Sales and Services segment remained the largest contributor, accounting
for 65% of the Company's total revenue, followed by Integrated Upstream Oil & Gas Services at 27%, and Oil & Gas Supporting Services at 8%. This
diversified presence across the energy value chain continues to serve as one of Elnusa's key competitive advantages, enabling the Company to maintain
revenue stability while capturing growth opportunities driven by increasing activity in Indonesia's energy sector.

Elnusa's financial fundamentals have also continued to strengthen, as demonstrated by its successful retention of the idAA+ credit rating from PEFINDO
for the second consecutive year. The consistent improvement in the Company's credit rating from idAA- in 2022, idAA in 2023–2024, to idAA+ in 2025–
2026 reflects its stronger credit profile, healthy financial structure, and solid capacity to support sustainable business expansion.

Entering the second half of 2026, Elnusa sees promising growth opportunities as industry demand continues to increase for energy services that are more
integrated, efficient, and technology-driven. The Company remains committed to strengthening its core upstream oil and gas service capabilities,
expanding the adoption of innovation and advanced technologies, and optimizing synergies across its business lines to enhance competitiveness and
create new growth drivers.

"Elnusa possesses strong fundamentals to sustain its growth momentum. Supported by a diversified business portfolio, continuously advancing
technological capabilities, prudent financial discipline, and an HSSE culture that underpins our operations, we are confident in our ability to maintain
healthy growth, improve profitability, and deliver sustainable returns to our shareholders," Nelwin concluded.

The Company's first-half 2026 performance further reinforces Elnusa's position as a resilient national energy services company with strong fundamentals
and promising long-term growth prospects. This outlook is supported by increasing investment demand in Indonesia's energy sector and the Company's
unwavering commitment to creating sustainable value for all stakeholders.


About Elnusa (IDX: ELSA)
PT Elnusa Tbk (Elnusa) is a subsidiary of PT Pertamina Hulu Energi (PHE) and part of Pertamina's Upstream Subholding. The Company operates as an
integrated energy services provider, delivering comprehensive solutions across the energy value chain. With more than 56 years of resilience and innovation
in the energy industry, Elnusa has established core competencies in integrated upstream oil and gas services, energy distribution and logistics goods sales
and services, as well as supporting services. Its Integrated Upstream Oil & Gas Services encompass Geoscience & Reservoir services (land, transition zone,
marine, and data processing), drilling and oilfield maintenance services (drilling and workover), as well as Engineering, Procurement, Construction, and
Operation & Maintenance (EPC-OM) services. Its Energy Distribution & Logistics Goods Sales and Services include fuel transportation services, fuel depot
management, and specialty chemical sales. Meanwhile, its Supporting Services comprise marine support services, fabrication, and data management
solutions. Elnusa remains committed to implementing sound Corporate Governance in accordance with the principles of Good Corporate Governance (GCG)
and Environmental, Social, and Governance (ESG). Through these commitments, the Company strives to strengthen its competitiveness, sustain long-term
growth, and create lasting value for all stakeholders. Further information can be accessed at www.elnusa.co.id