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PT Medco Energi Internasional Tbk                            Tel +62-21 2995 3000
The Energy 53rd Fl., SCBD Area Lot 11 A                      Fax +62-21 2995 3001
Jl. Jend. Sudirman, Jakarta 12190                            www.medcoenergi.com
Indonesia




 MedcoEnergi Exceeds Target, Reduces More Than 1.5 Million Tons of CO₂e Ahead of Schedule

Jakarta, 4 August 2025 – PT Medco Energi Internasional Tbk (MedcoEnergi) has recorded a reduction of
more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019
baseline. This amount surpasses the Company’s 2025 target of 1.08 million tons CO₂e, or 20% of total
emissions in the base year.

This emission reduction is part of MedcoEnergi’s long-term plan to achieve Net Zero Scope 1 and 2 GHG
emissions by 2050, and Scope 3 emissions by 2060. In implementation, the Company has undertaken
various initiatives, including efficiency and emission reduction programs across its operational areas in
Indonesia and international assets.

In 2024, MedcoEnergi implemented 43 initiatives across its assets, with estimated peak annual GHG
emission reductions reaching 181,727 tons CO₂e. The largest contribution came from flare avoidance
activities in the Corridor Block, amounting to 53,713 tons CO₂e.

"Emission reduction is part of our efforts to enhance overall operational efficiency. MedcoEnergi continues
to carry out various emission reduction initiatives in parallel with our day-to-day field operations,” said
Ronald Gunawan, Director & Chief Operating Officer of MedcoEnergi.

Emission reductions were also achieved through production process optimization to improve gas fuel
efficiency and reduce methane emissions. In offshore operations, solar PV panels were installed to
support energy needs on several platforms in the South Natuna Sea Block B and Sampang Block. Solar
PV panels were also deployed in onshore asset operations in Indonesia. Conversion from diesel
generators to grid-based power supply was implemented in Oman, the Grati Facilities (East Java), and
the Rawa Gas Plant (South Sumatra). In addition, biodiesel was used for supply vessels in Thailand.

"Emission reduction efforts are conducted in compliance with applicable technical and environmental
standards. These initiatives will continue and expand in line with the Company’s transformation towards
more efficient and lower-carbon operations,” Ronald concluded.

PT MedcoEnergi Energi Internasional Tbk (“MedcoEnergi”) is a leading Southeast Asian energy and natural resources company listed on the Indonesia Stock
Exchange (MEDC-IDX). MedcoEnergi has three key business segments, Oil & Gas, Power and Copper Mining. MedcoEnergi explores for and produces oil and
gas primarily in Indonesia. The Group operates gas, PV, geothermal and hydro power plants in Indonesia through MedcoEnergi Power and has a non-
consolidated interest in PT Amman Mineral Internasional Tbk which operates a large copper and gold mine.

This document may contain projections, plans, strategies, policies and objectives of MedcoEnergi which should be treated as forward looking statements within
the meaning of applicable law. Forward looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially
from those expressed or implied in these statements. The Company does not guarantee that any action taken in reliance on this document will bring specific
results.

                                                       For further information please call:
                            Corporate Secretary | Investor Relations | Tel: (62-21) 2995 3000, Fax: (62-21) 2995 3001
                             Email: corporate.secretary@medcoenergi.com | investor.relations@medcoenergi.com
                                                        Website: www.medcoenergi.com

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linked org Medco Energi Internasional Tbk p.1 ×5
linked person Ronald Gunawan p.1
linked org Amman Mineral Internasional Tbk p.1 ×2
unresolved org MedcoEnergi Energi Internasional Tbk p.1 ×2
unresolved org Indonesia Stock Exchange p.1

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