20250815_ELSA_Laporan Informasi dan Fakta Material_31933128_lamp2.pdf

Narahubung:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id


Press Release
               Consistent Growth, Elnusa Shares Hit Highest Level in 8 Years
Jakarta, August 14, 2025 – PT Elnusa Tbk (Elnusa), with the stock code ELSA, a subsidiary of PT Pertamina Hulu Energi and part of the Pertamina Upstream
Subholding, has recorded solid stock performance over the past five years. The period from 2021 to July 2025 was a crucial period for ELSA, with a consistent
growth trend in share price and market capitalization, despite volatile capital market dynamics.

At the end of 2021, ELSA shares closed at Rp276 per share, well below their 2008 IPO price of Rp400 after years of undervaluation. Entering 2022, a positive
trend began to emerge, with the price rising to Rp312, representing a 13% increase compared to the previous year. This performance continued in 2023,
with the share price rising to Rp388, a 24% increase, and market capitalization increasing from Rp2.28 trillion to Rp2.83 trillion.

2024 was a significant year, with ELSA's share price reaching its highest level of Rp545 in June 2024, with a market capitalization of Rp3.46 trillion. This
positive trend continued in 2025, with the share price hitting a new record of Rp550 per share in July 2025, its highest price in eight years.

Elnusa's Finance Director, Stanley Iriawan, expressed his appreciation for the market's confidence in ELSA. "The positive stock performance over the past
five years reflects the positive market response to the company's growth strategy and strengthening fundamentals. We continue to strive to maintain a
healthy capital structure, optimize operational performance, and manage risk responsibly to maintain investor confidence," said Stanley.

Stanley added, "We understand that the capital market is highly dynamic. Therefore, our success in maintaining this positive trend is the result of the
collaboration of the entire Elnusa team in maintaining disciplined business strategy execution, efficiency, and service innovation. Moving forward, we will
continue to focus on strengthening our competitiveness and creating sustainable added value for all stakeholders, including shareholders."

Furthermore, Elnusa consistently enhances synergy within state-owned enterprises (SOEs) to expand business opportunities, strengthen strategic
partnerships, and create efficiencies in the supply chain. The company also optimizes capital expenditures (capex) to support its vision and mission as a
service company in the energy sector, both within Pertamina and outside Pertamina.

In terms of funding, Elnusa has received increasingly strong capital support from the banking sector, reflecting the level of trust these financial institutions
have in the company's performance and business prospects. Furthermore, Elnusa continues to strengthen its digitalization system in line with technological
developments to improve operational efficiency, data accuracy, and service quality for customers.

This achievement reflects market optimism regarding Elnusa's performance, which continues to grow sustainably, thanks to an adaptive business strategy,
prudent risk management, and solid operational execution. This consistency keeps Elnusa's shares attractive to investors and strengthens the company's
position as an integrated energy services issuer with long-term prospects.


About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE), which is part of the Pertamina Upstream Subholding, operating in the field of integrated energy
services to provide total solutions. Elnusa has a DNA of resilience and innovation for over 55 years in the energy industry, with core competencies in upstream
oil and gas services, energy distribution and logistics services, as well as support services. The upstream oil and gas services line includes Geoscience &
Reservoir services (land, transition zone & marine, as well as data processing), drilling & field maintenance services (drilling & workover), engineering,
procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics services line includes fuel transportation
services, depot management, and chemical sales. The support services line includes marine support services, fabrication, and data management. Elnusa is
committed to implementing Corporate Governance in accordance with GCG principles to realize a highly competitive, continuously growing company and
provide sustainability for all stakeholders. For more information, please visit www.elnusa.co.id.