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Page 1 OCR 0.924
YW antam

PRESS RELEASE
PT ANTAM Tbk

For immediate release

57 Years of ANTAM, a Pioneer in the Downstream of National Strategic
Minerals

Jakarta, July 7, 2025 - Established for 57 years since July 5, 1968, PT Aneka Tambang Tbk (ANTM)
or ANTAM continues to strengthen its position as a pioneer in downstream strategic minerals in
Indonesia. As a member of MIND ID Mining SOE Holding, the Company has successfully created
added value through its main commodities, namely gold, nickel, and bauxite, while supporting
national economic growth.

President Director of ANTAM, Achmad Ardianto, said that the Company prioritizes two main
principles in operations, namely value creation and sustainability. ANTAM not only becomes
a mining company, but also helps build a high-value-added industrial chain that strengthens
the national economy.

“Since its establishment until now, ANTAM has been present not only as a mineral manager,
but also as part of the pulse of development. We consistently contribute through state
revenue, job opportunities, and community empowerment around the operational area,”
said Ardianto.

In response to Asta Cita's mandate, ANTAM is leading the development of an EV Battery Ecosystem,
spanning the nickel value chain from mines to battery recycling facilities. In the alumina sector,
ANTAM is completing the Smelter Grade Alumina Refinery (SGAR) project in Mempawah through its
subsidiary.

Meanwhile, the strategic cooperation with PT Freeport Indonesia to supply ata minimumof 30 tons
of gold per year and the plan to build a precious metal factory in the Java Integrated Industrial and
Port Estate (JIIPE), Gresik, are concrete steps to strengthen the national downstream precious metals
industry.

“Through the downstream of gold, nickel, and bauxite, ANTAM has become a catalyst in
strengthening the national industrial structure and creating sustainable added value. These
strategic projects also affirm Indonesia's position in the global supply chain,” Ardianto
continued.

Strong Operational and Financial Performance

Over the past five years, ANTAM has recorded significant growth. Nickel ore production has more
than doubled from 4.76 million wet metric tons (wmt) in 2020 to 9.94 million wmt in 2024. The
positive performance was also reflected in the surge in gold sales which rose sharply from 22.10tons
in 2020 to 43.78 tons in 2024. This achievement strengthens ANTAM's position as a trusted precious
metal producer in the domestic market.

From a fiscal perspective, ANTAM's contribution to the country through the payment of taxes,
royalties, and Non-tax State Revenue has also increased significantly. From Rp758.81 billion in 2020,

For further information please contact

Syarif Faisal Alkadrie

Corporate Secretary

Tel: (6221) 789 1234

Fax: (6221) 789 1224

E-mail: corsec@antam.com

www.antam.com erantamtbk IKI cOffcialantam WP GOffcialAntam (CJ OffcialANTAM (G) officialantam
Page 2 OCR 0.913
VW antam

PRESS RELEASE
PT ANTAM Tbk

For immediate release

the contribution will increase to Rp4.8 trillion in 2024. The Company's revenue also jumped from
Rp27.37 trillion in 2020 to Rp69.19 trillion in 2024, the all-time high in the ANTAM's history.

Market diversification strategies, cost efficiency, and focus on the downstream are the main drivers
of this impressive financial performance.

Environmental and Sustainability Commitment

In addition to recording solid business performance, ANTAM affirms its commitment to
environmental sustainability. In line with the Paris Agreement, ANTAM targets a 15.896 reduction in
emissions by 2030 and an increase in the renewable energy mix of up to 1096 from the 2023 baseline.

In 2024, the energy efficiency program succeeded in cutting Scope 1 and 2 emissions of 4.72Y6 and
reducing energy consumption of 2396 to 12.39 million GJ. Post-mining reclamation covering an area
of 1,462 hectares is also being developed, complemented by the innovation of 'Recomasi, a real-
time ecological health assessment that monitors the vegetation of the reclamation area based on
technology to ensure the success of environmental rehabilitation.

“We recognize that the future sustainability of the Company is determine by by operational
integrity and environmental respon: ty. Therefore, ANTAM continues to strengthen
governance, efficiency, and commitment to decarbonization,” Ardianto concluded.

With a strong track record, ANTAM is not only a mining company but also a driving force for
transforming the national mineral industry towards a sustainable future.

##

For further information please contact

Syarif Faisal Alkadrie

Corporate Secretary

Tel: (6221) 789 1234

Fax: (6221) 789 1224

E-mail: corsec@antam.com

www.antam.com erantamtbk IKI cOffcialantam WP GOffcialAntam (CJ OffcialANTAM (G) officialantam

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Names mentioned 5 people and organisations named in the text · linked when the evidence is strong

linked org Aneka Tambang Tbk p.1 ×2
linked person Achmad Ardianto p.1
linked person Syarif Faisal Alkadrie p.1 ×2
possible org ANTAM Tbk p.1 ×4
unresolved org PT Freeport Indonesia p.1

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