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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 Reduces Gas Fuel Consumption, Enhances Efficiency and Energy Transition

Jakarta, 13 October 2025 – PT Medco Energi Internasional Tbk (MedcoEnergi) has achieved significant progress
in its Fuel Gas Optimization Program through a series of initiatives across its oil and gas assets. These
achievements strengthen operational efficiency, support Indonesia’s energy transition, and deliver carbon emission
reductions.

A key initiative was the optimization of the Waste Heat Boiler (WHB) operating mode at the Grissik field, Corridor
Block, South Sumatra. By utilizing heat from the combustion of waste gas from production process to produce
steam, operations became more efficient and environmentally friendly, cutting emissions by approximately 19,000
tCO₂e annually.

In Natuna Offshore, the optimization of the Terubuk–Belida facility allowed production to flow without compressors,
lowering emissions by around 24,000 tCO₂e each year. For Onshore assets, efficiency improvements were
achieved through electrification, converting power supply from gas-fueled generators to PLN’s clean electricity grid,
along with optimized turbine and compressor operations.

“Fuel gas efficiency and emission reduction are not only technical targets, they are part of MedcoEnergi’s long-term
sustainability roadmap. Since 2022, our initiatives have cumulatively reduced gas fuel consumption by about 18
MMscfd. These results reflect our commitment to continuous innovation, operational excellence, and responsible
energy development, creating long-term value for stakeholders while reducing our carbon footprint,” said Ronald
Gunawan, Director & Chief Operating Officer of MedcoEnergi.

Looking ahead, MedcoEnergi will continue advancing its sustainability agenda through its medium- and long-term
roadmap, including the adoption of new technologies such as Organic Rankine Cycle, Steam Turbine Generators,
and energy storage systems, reinforcing its role as an adaptive and responsible energy company committed to
Indonesia’s energy security. (***)

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 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 MedcoEnergi Power and has a non-consolidated interest
in PT Amman Mineral Internasional Tbk which operates a large copper and gold mine.

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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linked org Medco Energi Internasional Tbk p.1 ×8
linked person Ronald Gunawan p.1
linked org Amman Mineral Internasional Tbk p.1 ×2
unresolved org Indonesia Stock Exchange p.1

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