20250923_INCO_Laporan Informasi dan Fakta Material_31951908_lamp2.pdf

  Strengthening Governance and Leadership: PT Vale Announces Changes to
      the Board of Directors Through an Extraordinary General Meeting of
                                 Shareholders

Jakarta, 23 September 2025 – Integrated and sustainable nickel mining company PT Vale
Indonesia Tbk (“PT Vale” or the “Company”; IDX Code: INCO) today convened its
Extraordinary General Meeting of Shareholders (“EGMS”), held in person at the Financial Hall,
Graha CIMB Niaga, 2nd Floor, Jl. Jend. Sudirman Kav. 58, Jakarta 12190, and virtually
through the eASY.KSEI platform of PT Kustodian Sentral Efek Indonesia (KSEI). The meeting
was conducted in compliance with the Financial Services Authority (“OJK”) Regulation No.
15/POJK.04/2020 on the Planning and Organization of General Meetings of Shareholders of
Public Companies (“POJK 15”), as well as OJK Regulation No. 14 of 2025 concerning the
Conduct of General Meetings of Shareholders, Bondholders’ Meetings, and Sukukholders’
Meetings.

At the EGMS, shareholders accepted and approved the resignation of Luke Mahony from his
position as Director and Chief Strategy and Technical Officer. Board of Comissioners and
Board of Directors of the Company extends its highest appreciation and gratitude to Mr.
Mahony for his valuable contributions and dedication during his tenure, particularly in
strengthening the Company’s strategic and technical capabilities.

Shareholders also approved the appointment of Slamet Sugiharto as Director and Chief
Strategy and Technical Officer replacing Luke Mahony, effective as of the close of the EGMS
today until the conclusion of the Company’s Annual General Meeting of Shareholders in 2028.

Bernardus Irmanto, President Director and Chief Executive Officer of PT Vale, stated: “As a
company that places technology at the core of its mining operations, we are pleased to
welcome Slamet Sugiharto as Director and Chief Strategy and Technical Officer. With his
experience and expertise, he is expected to further strengthen the Company’s strategy and
technical capabilities. PT Vale remains committed to ensuring continuity of strong leadership
while upholding best mining practices, advancing responsible downstream development, and
creating long-term value for the nation, society, and all stakeholders.”

Following the resolutions of the EGMS, the composition of the Company’s Board of Directors
is as follows:

       President Director and Chief Executive Officer :                            Bernardus Irmanto
       Vice President Director and Chief Operation :                               Abu Ashar
       and Infrastructure Officer
                                                                                                                          [1]
PT Vale Indonesia Tbk
Jakarta: Sequis Tower, 20th Floor, Unit 6 & 7, Jl. Jend. Sudirman Kav. 71, Jakarta 12190, Indonesia. T.(62) 21 524 9000
F.(62) 21 524 9020
Makassar: Jl. Somba Opu No. 281, Makassar 90113, Indonesia. T.(62) 411 366 9000 F.(62) 411 366 9020
Sorowako: Main Office Plant Site Sorowako, Luwu Timur 92984, Indonesia. T.(62) 475 332 9100 F.(62) 475 332 9575
www.vale.com/indonesia