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Press Release
For Immediate distribution

    Barito Renewables Completes Retrofit Project, Enhancing Capacity and
                         Operational Efficiency

Jakarta, 6 October 2025 - PT Barito Renewables Energy Tbk (IDX: BREN), through its
subsidiary Star Energy Geothermal, has completed the retrofit project for Units 4, 5, and 6 of
the Salak Geothermal power plant. The project successfully added a total installed capacity
of 7.7 megawatts (MW), exceeding the initial target of 7.2 MW, with a total investment value
of US$ 22.5 million.

“The completion of the Salak retrofit project reflects our continued commitment to enhancing
asset performance, operational efficiency, and long-term sustainability. This milestone was
made possible through the dedication and strong collaboration of our entire team,” said
Hendra Soetjipto Tan, President Director of Barito Renewables. “This capacity addition
initiative is also aligned with the company’s strategy to strengthen its contribution to
Indonesia’s clean energy transition,” Hendra added.

With the completion of this retrofit project, Star Energy Geothermal’s total installed capacity
has reached 910.3 MW. In addition to geothermal power plants, Barito Renewables through
its subsidiary, Barito Wind, also operates the Sidrap 1 Wind Power Plant with a total
installed capacity of 78.75 MW in Sulawesi, which was acquired by the company last year.

The capacity increase at the Salak plant is part of Barito Renewables’ broader commitment
to expand its geothermal portfolio, targeting the expansion of new units and capacity
increase reaching over 100 MW in the coming years, with a total commitment of investment
of US$ 365 million as previously announced. These expansion projects are also expected to
contribute to job creation across operational areas, both directly and indirectly.

Through the completion of the Salak retrofit project, Barito Renewables continues to
reinforce its contribution to Indonesia’s renewable energy mix, while ensuring long-term
value creation for all stakeholders.

                                              ***

About Barito Renewables

Barito Renewables (IDX: BREN) is a leading renewable energy company in Indonesia and
serves as the renewable energy arm of the Barito Pacific Group, committed to providing
clean and sustainable energy solutions. With a strong focus on environmental responsibility
as well as community engagement and development within its operational areas, BREN
plays a vital role in supporting Indonesia’s transition toward a greener and more sustainable
energy landscape.

BREN’s subsidiary, Star Energy Geothermal, currently operates 910 MW of geothermal
power capacity. Through Barito Wind, the company also owns and operates the Sidrap Wind
Power Plant in South Sulawesi with an installed capacity of 78.75 MW.
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For more information, please visit the company’s website at https://baritorenewables.co.id

    or contact corpsec@baritorenewables.co.id

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