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Page 1
PUBLIC EXPOSE INSIDENTIL
    2Q 2025 PERFORMANCE
     PT Royaltama Mulia Kontraktorindo Tbk
     Service Excellence for the Mining Industry




                                                  1
Page 2
DISCLAIMER
This presentation material was prepared by PT Royaltama Mulia Kontraktorindo Tbk. (“RMKO”/“Company”) and has not been
independently verified. No representation or warranty, express or implied, is made and no reliance is made on the accuracy
or completeness of the information presented or contained in this presentation material. The Company and its affiliated
companies, and or representatives of the Company are not responsible for any losses arising from the information presented
or contained in this presentation material. The information presented or contained in these presentation materials is subject
to change without notice and its accuracy is not guaranteed. This presentation material contains statements which are
forward-looking statements. These statements include a description of the Company's hopes and expectations in relation to
the consolidated results of operations, the Company's future performance, and the potential assets to be acquired by the
Company, except for historical matters. In this presentation material, there are words such as “plan”, “will”, “estimate”,
“project”, “intend”, or words with similar meaning. Such forward-looking statements do not guarantee future performance
and involve risks and uncertainties, and differ from actual results. The Company has no obligation and does not revise any
forward-looking statements to reflect future events/conditions.

This presentation material is made for informational purposes only and does not constitute or form part of any solicitation,
offer or invitation to purchase or subscribe to any securities of the Company in any jurisdiction or form the basis,
commitments and contracts of any kind, or any investment decision. Any decision to purchase the Company's securities must
be made by seeking appropriate professional advice.




                                                                                                                                2
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AGENDA

  01                 02
       COMPANY            STRATEGY
       PROFILE            & OUTLOOK

  03                 04
       OPERATIONAL        FINANCIAL
       PERFORMANCE        PERFORMANCE

  05
       APPENDIX




                                        3
Page 4
Chapter 1
COMPANY PROFILE




                  4
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WHY INVEST in RMKO (1/2)




    Strategic       Integrated        Affiliated with    New and
 Assets Location   Mining Service   PT RMK Energy Tbk   Big Fleets




                                                                     5
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WHY INVEST in RMKO (2/2)




  Solid Balance Sheet                 High                Long Track                   Good
     DER 0.8 time*              Safety Standard             Record             Corporate Governance
                                  Zero fatality   Experienced & Professional       Implementing
                                                         Management            good mining practices




*based on 6M 2025 performance


                                                                                                       6
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COMPETITIVE ADVANTAGE

       Affiliated with PT RMK Energy Tbk,
       providing an integrated coal logistics solution



  01   Partnership with PT Kereta
                                       02   Owning 39 km of coal
                                                                   03   Having Train Loading
       Api Indonesia (KAI) in               hauling road                System (TLS)
       South Sumatera


  04   Holding mining permits
                                       05   Competent team
                                                                   06   New & big fleets




                                                                                               7
Page 8
OUR SERVICES
1. Infrastructure Preparation    2. Mining                       3. Hauling




●   Mining infrastructure        ●   Survey and exploration      ●   Hauling road construction
●   Emplacement infrastructure   ●   Mine modelling and design   ●   Coal hauling
                                 ●   Overburden removal
                                 ●   Coal getting


4. Emplacement Services          5. Reclamation Ex-Mining Area   6. Rental




●   Stockpile management         ●   Top soil spreading          ●   Heavy equipment rental
●   Coal crushing                ●   Revegetation                ●   Workshop                    8
●   Train Loading System (TLS)                                   ●   Warehouse
Page 9
MANAGEMENT TEAM




                  TONY SAPUTRA
                  President Commissioner

                  ROKHMAD SUNANTO
                  Independent Commissioner

                  NATHANIA PRICILLA
                  SAPUTRA
                  Director

                  VINCENT SAPUTRA
                  President Director

                  WILLIAM SAPUTRA
                  Director




                                             9
Page 10
Chapter 2
STRATEGY & OUTLOOK




                     10
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CORPORATE STRATEGY

STRATEGY   01 Optimizing the potential of coal mining services


           02 The completion of dedicated coal hauling road


           03
                Optimizing coal loading capacity

           04
                Good mining practices

           05
                People development




                                                                 11
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ONGOING
PROJECT ACTIVITY




                                                                                         12




Upgrade of the coal hauling road using CTRB (Cement Treated Recycling Base) to improve road durability and maintain hauling truck
performance in support of production
Page 13
RMKO TARGET ACHIEVEMENT IN 6M 2025
                                                                            2024    6M 2024   ACHIEVEMENT
NO                           INDICATOR                              UNIT      a        b           b/a
                                                                           Target    Actual        (%)
                                         OB Removal               mn bcm    4.2       1.3         31.5
 1   Operational   Mining & Rental       Coal Getting             mn ton    1.3       0.2         19.4
                                         Crushing & Loading TLS   mn ton    3.0       0.4         12.0
                                         Operating revenue        bn Rp    496.1      95.8        19.3
                   Profitability          Gross profit              bn Rp    135.7     (53.7)       n.a.
 2   Financial                           Net profit                bn Rp     89.0     (55.6)       n.a.
                   Financial Debt        DER                      time      0.4       0.8
                   Capital Expenditure   Capex                    bn IDR    27.6      36.6       132.7




                                                                                                            13
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Chapter 3
OPERATIONAL PERFORMANCE




                          14
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RISING TLS VOLUME FUELED BY NEW
HAULING FACILITY
OB-Removal                                            Coal Getting                                           Loading TLS
Performance                                                                                                  Performance
2Q 2025 -10.4% YoY to 754.7 thousand bcm              2Q 2025 -8.5% YoY to 194 thousand ton                  2Q 2025 +7.1% YoY to 220.3 thousand ton
6M 2025 -3.5% YoY to 1.3 mn bcm                       6M 2025-30.1% YoY to 247 thousand ton                  6M 2025+3.9% YoY to 357.4 thousand ton

              10.71


                                             5.35
 3.97                    3.89     3.87

                                  1,369     1,322


    842
                         755
               567
                                                                                          354                                                   344       357
                                                          212                   194                 247         206                   220
                                                                       53                                                   137

   2Q 2024    1Q 2025   2Q 2025   6M 2024   6M 2025      2Q 2024     1Q 2025   2Q 2025   6M 2024   6M 2025     2Q 2024     1Q 2025   2Q 2025   6M 2024   6M 2025




             OB removal (Bcm)                                      Coal (thousand ton)                                   Coal (thousand ton)
             Striping ratio (time)




                                                                                                                                                                   15
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HIGHER VOLUME FROM NEW CLIENTS
USING HAULING ROAD FACILITY
Hauling Services


                                               268

                           182


              86


   0.0                               0.0
   2Q 2024   1Q 2025       2Q 2025   6M 2024   6M 2025
                                                         RMKO expands hauling services in 2025 with new clients
                                                         PT Wiraduta Sejahtera Langgeng (WSL) and PT Duta Bara
     Coal (thousand ton)                                 Utama (DBU) in Muara Enim




                                                                                                                  16
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Chapter 4
FINANCIAL PERFORMANCE




                        17
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ONGOING INVESTMENT PHASE IMPACTING
FINANCIAL PERFORMANCE
Operating Revenue                                         Net Profit
2Q 2025 -13.0% YoY to IDR53.3 bn                          2Q 2025 -432.8% YoY to IDR26.6 bn
6M 2024 -13.3% YoY to IDR95.8 bn                          6M 2024 -1,367.9% YoY to IDR55.6 bn




                                      110.4
                                                95.8
                                                               (1.8)
                                                                                                 (10.4)
     61.2
                            53.3                                                      (26.6)
                                                                         (29.0)
                42.5
                                                                                                            (55.6)



    2Q 2024     1Q 2025     2Q 2025   6M 2024   6M 2025        2Q 2024    1Q 2025      2Q 2025   6M 2024    6M 2025




Operating revenue segment contribution:                                                                    in bn IDR
Mining 64.5%
Rental 35.5%



                                                                                                                       18
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COST OF REVENUES DRIVEN BY OPERATING
EXPENSES AMID INCREASING HAULING VOLUMES
                                                           2.0%            0.6%   0.2%      100.0
                                           20.5%
                                                                                              %
                            23.3%                                           0.9   0.3        149.5
                                            30.6             3.0
               26.7%
                             34.9

 26.8%
                39.8



   40.0


  Salaries &    Fuel        Repairs &     Depreciation    Transportation   Rent   Others   Total cost of
 allowances                maintenance   & Amortization      & travel                       revenues

                                                                                                     in bn IDR
 The cost of revenues from coal sales segment, mostly contributed by:
 • Salaries and allowances
 • Fuel
 • Repairs and maintenance
 • Depreciation and amortization
                                                                                                                 19
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STRONG CAPITAL STRUCTURE MAINTAINED
DURING INVESTMENT PHASE

Asset                                     Liability                                  Equity
2Q 2025 +1.9% to IDR 560.6 bn             2Q 2025 +20.4% to IDR 388.6 bn             3Q 2024 -24.4% to IDR172.0 bn



                                                              0.9
                  616.8                          0.8                        0.8
    550.3                       560.6

                                                             418.3
                                                                           388.6
                                              322.7
                                                                                         227.6
                                                                                                       198.5
                                                                                                                     172.0



     4Q 2024      1Q 2025       2Q 2025       4Q 2024        1Q 2025       2Q 2025        4Q 2024      1Q 2025       2Q 2025



     Asset                                     Liabilities                                Equity
                                               DER (x)
                                                                                                                 in bn IDR




                                                                                                                               20
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Chapter 5
APPENDIX




            21
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CONSOLIDATED OPERATIONAL PERFORMANCE
                                                                               (in ton, unless stated otherwise)

               INDICATOR   2Q 2024   1Q 2025   2Q 2025   Chg (%)   6M 2024       6M 2025           Chg (%)
MINING SERVICES
OB removal (Bcm)           841,932   566,869   754,716    (10.4)   1,369,317     1,321,585            (3.5)
Coal getting               212,069   52,916    194,058    (8.5)    353,531        246,975            (30.1)
Striping ratio (time)       3.97      10.71     3.89                 3.87           5.35
EMPLASEMEN
Loading TLS                205,664   137,071   220,304     7.1     343,935        357,376              3.9
HAULING SERVICES
Hauling Gunung Megang        0       86,411    181,660    n.a.        0           251,737             n.a.




                                                                                                                   22
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CONSOLIDATED STATEMENTS OF PROFIT (LOSS)
                                                                                                (currency in IDR bn, unless stated otherwise)

          INDICATOR                 2Q 2024          1Q 2025    2Q 2025   Chg (%)     6M 2024           6M 2025               Chg (%)
REVENUES
 Mining services                      33.2             25.2      36.5       10.1        58.1               61.8                  6.4
 Rental                               25.4             17.3      16.8      (34.0)       43.7               34.0                (22.1)
 Construction services                 2.7             (0.0)      0.0     (100.0)       8.6                 0.0               (100.0)
Total Operating Revenues              61.2             42.5      53.3      (13.0)      110.4               95.8                (13.2)
EXPENSES
COGS mining services                 (29.8)           (25.1)     (71.3)     138.9      (54.9)             (96.4)                75.5
COGS rental                          (22.9)           (18.5)     (34.7)      51.4      (41.4)             (53.1)                28.4
COGS construction                     (2.2)           113.6       26.6    (1,332.9)     (8.1)               0.0               (100.0)
Total COGS                           (54.9)            70.1      (79.3)      44.5     (104.4)            (149.5)                43.2
G&A                                   (3.8)            (5.2)      (4.1)       9.0       (8.1)              (9.3)                14.8
Finance cost                          (4.6)            (4.0)      (3.8)     (17.5)     (10.5)              (7.8)               (26.1)
Income Tax Expenses                    0.6              8.0        7.4     1,195.7       2.4               15.5                540.1
PROFITABILITY
Gross Profit                            6.4            (27.7)     (26.0)    (509.3)       5.9              (53.7)             (1,003.5)
EBIT                                   2.6            (32.8)     (30.2)   (1,274.5)     (2.2)             (63.0)             (2,819.1)
EBT                                   (2.4)           (37.1)     (34.0)   (1,326.4)    (12.9)             (71.1)              (453.0)
Net Income                            (1.8)           (29.0)     (26.6)   (1,367.9)    (10.4)             (55.6)              (432.8)
Comprehensive Income/Loss             (1.8)           (29.0)     (26.6)   (1,367.9)    (10.4)             (55.6)              (432.8)

EBITDA                                16.3             (17.3)    (15.0)   (192.2)       23.2              (32.3)              (239.2)
Gross Profit Margin (%)               10.4%            -65.0%    -48.8%                 5.4%              -56.0%
Net Margin (%)                       -3.0%            -68.3%    -49.8%                 -9.5%             -58.0%
EBITDA Ratio (>1 x)*                  3.6               (4.3)     (4.0)                 2.2                (4.2)
*Credit covenant: EBITDA ratio (EBITDA/Interest+principal) >1

                                                                                                                                                23
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 CONSOLIDATED STATEMENTS
 OF FINANCIAL POSITION
                                                           (currency in IDR bn, unless stated otherwise)
          INDICATOR          4Q 2024   1Q 2025   2Q 2025           Chg (%)
ASSETS
Current Assets                129.9     145.9     133.9               3.0
Non Current Assets            420.4     470.9     426.7               1.5
Total Asset                   550.3     616.8     560.6               1.9
LIABILITY
Current Liabilities           224.8     329.5     326.8              45.4
Non Current Liabilities       98.0      88.8      61.8              (36.9)
Total Liabilities             322.7     418.3     388.6              20.4
EQUITY
Equity                        227.6     198.5     172.0             (24.4)
Total Liabilities & Equity    550.3     616.8     560.6               1.9




                                                                                                           24
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RMKO MEETS THE MINIMUM REQUIREMENTS
OF CREDIT COVENANT
                                                                      (currency in IDR bn, unless stated otherwise)

              INDICATOR                    4Q 2024       1Q 2025    2Q 2025         Chg (%)
                                                                                                                      Short Term Debt
  FINANCIAL DEBT SEGMENT
  Short Term Debt                            95.6          88.5      75.1            (21.4)                           55.1%
  Long Term Debt                             97.5          88.3      61.4            (37.1)
  Total Financial Debt                      193.1          176.9     136.5           (29.3)
                                                                                                                      Long Term Debt

  FINANCIAL RATIO                          4Q 2024       1Q 2025    2Q 2025                                           44.9%
  DER (x)                                     0.8           0.9       0.8
  Current Ratio (x)                           0.6           0.4       0.4
  ROA (%)                                    (3.4)         (10.6)    (11.4)
  ROE (%)                                    (8.2)         (33.1)    (37.1)
  Net Gearing (%)                             0.8           0.9       0.8
  Non-trade receivables**                    67.8          70.1      28.8
   *Credit covenant:
  1. DER max 2.5 time
  2. Non-trade receivables related parties (max IDR196.0 billion)


                                                                                                                                        25
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            Wisma RMK 3rd Floor
            Jalan Puri Kencana Blok M4 No.1
            Kembangan, Jakarta Barat,
            Jakarta 11610
            E:rmk@ptrmk.com
            T:+62 21-5822-555



Thank You   rmko.co.id

            PT Royaltama Mulia Kontraktorindo Tbk




                                                    26

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Names mentioned 9 people and organisations named in the text · linked when the evidence is strong

linked org RMK Energy Tbk p.5 ×5
linked person ROKHMAD SUNANTO p.9
linked person VINCENT SAPUTRA p.9
possible person TONY SAPUTRA p.9
possible person WILLIAM SAPUTRA p.9
unresolved org PT Kereta p.7
unresolved org PT Wiraduta Sejahtera Langgeng p.16
unresolved org PT Duta Bara Coal p.16

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