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ESSA Press Release 1H26.pdf

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          ESSA Delivers Strong 1H26 Performance While Successfully
                                Completing Major Planned Maintenance


         Jakarta, July 28 2026 — PT ESSA Industries Indonesia Tbk (“ESSA”), a publicly listed
         company engaged in the energy and chemical sectors through its LPG (Liquefied Petroleum
         Gas) processing and ammonia production businesses, delivered strong performance during
         the first half of 2026 while successfully completing major scheduled turnaround maintenance.

         As of the first half of 2026, ESSA's revenue increased by 36% year-on-year (YoY) to USD 186
         million, while EBITDA grew by 48% YoY to USD 73 million, and Net Profit more than doubled
         to USD 30 million. This performance reflects the Company's ability to capitalize on the
         favourable commodity price environment through strong operational discipline and reliable
         asset management.


                 Revenue (USD million)       EBITDA (USD million)          Net Profit (USD million)*


                                    ↑36%
                                  186                       ↑48%
                                                                                                     ↑103%
                      138                                   73
                                                                                                     30
                                                 49
                                                                                     15




                     1H25        1H26           1H25       1H26                    1H25            1H26
                                                                        *Attributable to Shareholder of the Company



         ESSA's realized ammonia selling price increased 70% YoY to USD 531 per metric ton (MT) in
         1H26. Amid continuing geopolitical situation, higher ammonia price more than offset the
         temporary reduction in production volumes resulting from the scheduled turnaround
         maintenance, enabling ammonia segment revenue to increase 43% YoY to USD 166 million.
         Meanwhile, the LPG business continued to operate normally throughout the reporting period.
         Supported by a 5% YoY increase in realized LPG prices to USD 639/MT, the segment generated
         revenue of USD 20 million.

         Scheduled Turnaround Completed Ahead of Plan

         ESSA successfully completed the scheduled turnaround of its ammonia plant on 8 June 2026,
         completing the maintenance in 34 days, ahead of the original schedule of 35–38 days. The
         scheduled turnaround forms part of the Company's long-term strategy to preserve asset

PT ESSA Industries Indonesia Tbk
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                                       Page 1 of 4
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         integrity, improve operational efficiency, and minimize the risk of unplanned shutdowns.

         "Successful completion of our scheduled turnaround involving over 1,000 people and covering
         multiple disciplines is a testament to our team’s detailed planning and execution. More
         importantly, we were able to achieve zero Lost Time Injury (LTI), reflecting ESSA's strong
         commitment to workplace safety. The turnaround improves not just the plant’s reliability and
         safety, but also productivity and efficiency, re-emphasising our credentials of being a world-
         class ammonia operator." said President Director & CEO, Kanishk Laroya.


         For further information, please visit our website www.essa.id or contact:

            Shinta Siringoringo                             M. Aditya
            Corporate Secretary                             Media Relations Team
            Phone: +62 21 2988 5600                         Phone: +62 812 9548 6465
            Email: corpsec.eii@essa.id                      Email: investor.relation@essa.id




PT ESSA Industries Indonesia Tbk
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                            Page 2 of 4
Page 3
          ESSA Membukukan Kinerja yang Solid pada Semester I 2026
                   serta Berhasil Menyelesaikan Pemeliharaan Terjadwal


         Jakarta, 28 Juli 2026 — PT ESSA Industries Indonesia Tbk (“ESSA”), perusahaan tercatat
         yang bergerak di sektor energi dan kimia melalui bisnis pengolahan LPG (Liquefied Petroleum
         Gas) dan produksi amoniak, mencatatkan kinerja yang kuat pada semester pertama 2026
         sekaligus berhasil menyelesaikan kegiatan pemeliharaan terjadwal yang berskala besar.

         Hingga semester pertama 2026, ESSA membukukan pendapatan sebesar USD 186 juta,
         meningkat 36% dibandingkan periode yang sama tahun sebelumnya (year-on-year/YoY).
         Sementara itu, EBITDA turut meningkat 48% YoY menjadi USD 73 juta, sedangkan laba bersih
         melonjak lebih dari dua kali lipat menjadi USD 30 juta. Kinerja tersebut mencerminkan
         kemampuan Perseroan dalam memanfaatkan kondisi harga komoditas yang menguntungkan
         melalui disiplin operasional yang kuat serta pengelolaan aset yang andal.


                   Pendapatan (USD juta)        EBITDA (USD juta)                    Laba Bersih (USD juta)*


                                  ↑36%
                                186                          ↑48%
                                                                                                           ↑103%
                      138                                    73
                                                                                                           30
                                                 49
                                                                                           15




                     1H25       1H26            1H25       1H26                          1H25            1H26
                                                                    *Yang Dapat Diatribusikan kepada Pemilik Entitas Induk



         Harga jual amoniak terealisasi ESSA meningkat 70% menjadi USD 531 per metrik ton (MT)
         pada semester pertama 2026. Di tengah berlanjutnya dinamika geopolitik global, kenaikan
         harga amoniak mampu mengimbangi penurunan sementara volume produksi akibat
         pelaksanaan pemeliharaan terjadwal, sehingga pendapatan segmen amoniak meningkat 43%
         YoY menjadi USD 166 juta. Sementara itu, bisnis LPG tetap beroperasi secara normal sepanjang
         periode pelaporan. Didukung oleh kenaikan 5% YoY pada harga jual LPG terealisasi menjadi
         USD639/MT, segmen ini membukukan pendapatan sebesar USD 20 juta.




PT ESSA Industries Indonesia Tbk
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                                              Page 3 of 4
Page 4
         Turnaround Terjadwal Diselesaikan Lebih Cepat dari Rencana

         ESSA berhasil menyelesaikan pemeliharaan terjadwal pabrik amoniak pada 8 Juni 2026,
         dengan durasi pelaksanaan 34 hari, lebih cepat dibandingkan jadwal semula yang diperkirakan
         berlangsung selama 35–38 hari. Turnaround maintenance terjadwal tersebut merupakan
         bagian dari strategi jangka panjang Perseroan untuk menjaga integritas aset, meningkatkan
         efisiensi operasional, serta meminimalisir risiko penghentian operasi yang tidak terencana.

         “Keberhasilan penyelesaian kegiatan pemeliharaan terjadwal yang melibatkan lebih dari 1.000
         orang dari berbagai disiplin ilmu merupakan bukti perencanaan yang matang dan eksekusi
         yang solid oleh tim kami. Yang lebih penting lagi, kami berhasil mencapai Zero Lost Time Injury
         (LTI), yang mencerminkan komitmen kuat ESSA terhadap keselamatan dan kesehatan kerja.
         Turnaround ini tidak hanya meningkatkan keandalan dan keselamatan pabrik, tetapi juga
         produktivitas dan efisiensi, sekaligus kembali menegaskan posisi ESSA sebagai operator pabrik
         amoniak berkelas dunia” ujar Presiden Direktur & CEO, Kanishk Laroya.


         Untuk informasi lebih lanjut, silakan kunjungi situs web kami di www.essa.id atau
         hubungi:

            Shinta Siringoringo                             M. Aditya
            Corporate Secretary                             Media Relations Team
            Phone: +62 21 2988 5600                         Phone: +62 812 9548 6465
            Email: corpsec.eii@essa.id                      Email: investor.relation@essa.id




PT ESSA Industries Indonesia Tbk
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                             Page 4 of 4

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Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

linked org PT ESSA Industries Indonesia Tbk p.1 ×11
linked person Kanishk Laroya. p.2 ×2
possible org DBS Bank p.1 ×4
possible person Prof. Dr. Satrio p.1 ×4
unresolved org Industries Indonesia Tbk p.1 ×6
unresolved person Media Relations Team · Corporate Secretary p.2 ×2

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