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Page 1 OCR 0.931
PT CITRA TUBINDO Tbk

Vallourec Group

2)

No. 103/CT/LEGAL-CORSEC/V//2025

Kepada Yth.

PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia

JL Jenderal Sudirman Kav. 52-53
Jakarta 12190

Up.Yth.: Direksi

Perihal: Laporan Paparan Publik 2025

Dengan hormat,

Bersama ini PT Citra Tubindo Tbk. (“Perseroan”) telah
melaksanakan Paparan Publik secara elektronik pada
hari Kamis, 12 Juni 2025, pukul 11:00 WIB sampai
dengan pukul 12:00 WIB, melalui aplikasi Zoom.

Manajemen Perseroan yang hadir mewakili Perseroan
dalam Paparan Publik adalah:

1. Mathieu Florent Jacgues Barreau, sebagai
Komisaris Utama.

2. Jerome Henry Marcel Favre, sebagai
Komisaris.

3. Sudjono  Suhardjo, sebagai Komisaris
Independen.

4. Xavier Claude Bertin, sebagai Direktur Utama.

Saiful Mizra Bin Kassim, sebagai Direktur.

6. Indri Rachdiany Putri Ayu, sebagai Sekretaris
Perusahaan.

a

Pemaparan materi dilakukan Direksi Perseroan sesuai
dengan materi yang telah disampaikan kepada Bursa
Efek Indonesia.

Terlampir daftar tanya-jawab dan daftar hadir
sehubungan dengan acara Paparan Publik Perseroan.

Jakarta, 17 Juni 2025

Attn.: Board of Directors

Re.: Reportof the Public Expose 2025

Dear Sir/ Madam,

PT Citra Tubindo Tbk. (“the Company”) conducted an
electronic Public Expose on Thursday, June 12, 2025,
from 11:00 AM to 12:00 PM WIB via the Zoom
application.

The Company's management representatives who
attended the Public Expose were:

1. Mathieu Florent Jacgues Barreau, as President
Commissioner.

2. Jerome Henry Marcel Favre, as the
Commissioner.
3. Sudjono Suhardjo, as the Independent

Commissioner.

4. Xavier Claude Bertin, as the Director.

5. Saiful Mizra Bin Kassim, as the Director.

6. Indri Rachdiany Putri Ayu, as the Corporate
Secretary.

The presentation was delivered by the Company's
Directors in accordance with the materials previously
submitted to the Indonesia Stock Exchange.

Attached are the O&A list and attendance list related to
the Company's Public Expose event.

Head Office & Plant: Jl. Hang Kesturi I No. 2, Kawasan Industri Terpadu Kabil, Kabil, Batam 29467 - Indonesia - Tel: 62 (778) 711121/22/23, 711888,
Fax: 462 (778) 711164

Representative Office: World Trade Center (WTC) 5, 16# floor, Jl. Jendral Sudirman Kav. 29-31, Jakarta 12920 - Indonesia - Tel: #62 (21) 5250609, Fax:
162 (21) 5712317
Page 2 OCR 0.911
PT CITRA TUBINDO Tbk

Vallourec Group
Demikian kami sampaikan. Atas perhatian Bapak/Ibu, Thank you for your attention.
kami ucapkan terima kasih.

Hormat Kami/Sincerely,
PT Citra Tubindo Tbk.

Direktur Utama/ President Director

Tembusan kepada Yth./Copy to:
Para Pemegang Saham PT Citra Tubindo Tbk. / The Shareholders of PT Citra Tubindo Tbk.

Head Office & Plant: Jl. Hang Kesturi I No. 2, Kawasan Industri Terpadu Kabil, Kabil, Batam 29467 - Indonesia - Tel: 462 (778) 711121/22/23, 711888,
Fax: 462 (778) 711164

Representative Office: World Trade Center (WTC) 5, 16" floor, Jl. Jendral Sudirman Kav. 29-31, Jakarta 12920 - Indonesia - Tel: #62 (21) 5250609, Fax:
162 (21) 5712317
Page 3 OCR 0.933
PT CITRA TUBINDO Tbk

Vallourec Group

2)

Lampiran -1/ Appendix -1

Sesi Tanya-Jawab / Ouestions - Answer Session

Daftar Tanya dan Jawab
Tanya:

Anda membagikan hampir 10096 dari laba bersih
sebagai dividen, yang berarti hampir tidak ada yang
tersisa di PTCT. Bagaimana Anda akan mengelola
kebutuhan modal kerja? Apakah Anda berencana
meminjam dana dari Vallourec — artinya dana
tersebut dikembalikan ke Vallourec lalu Anda akan
pinjam kembali? Apakah memang seperti itu? Itu
pertanyaan pertama saya. Karena saat ini
tampaknya Anda tidak memiliki dana untuk modal
kerja. Anda juga menyatakan bahwa tahun 2025
akan menjadi lebih tidak stabil. Jadi meskipun Anda
memiliki arus kas bersih dan indikator keuangan
lainnya, tampaknya Anda tidak memiliki dana tunai
yang tersedia untuk operasional.

Ouestion and Answer List
Ouestion:

You're making a payout of almost 10046 of the net
profit, which means there's virtually nothing left in
PTCT. How are you going to manage working capital?
Are you planning to borrow money from Vallourec —
essentially paying the money back to Vallourec and
then borrowing it again? Is that the case? That's my
first guestion. Because right now, it seems you don't
have the funds for your working capital. You've also
stated that 2025 is becoming more unstable. So
even though you have net cash flow and other
financial indicators, it seems you don't have actual
cash on hand for operations.

Jawahan:

Poin utama saya adalah, hingga tahun 2024 kami
sudah membukukan laba sebesar 26 juta, dan
posisi kas kami semakin membaik. Angka kas yang
kami umumkan adalah 54 juta. Bahkan setelah kami
membayar 26 juta sebagai dividen, kami masih
memiliki sekitar 20 juta untuk mendukung modal
kerja. Salah satu fokus utama di tahun-tahun
sebelumnya adalah untuk mendukung persediaan,
namun saat ini persediaan tidak lagi meningkat.

Seperti yang disampaikan oleh Xavier, kami
memproyeksikan kinerja tahun 2025 akan stabil,
sebanding dengan tahun 2024. Kami tidak
berencana mendorong pertumbuhan lebih lanjut
karena kapasitas produksi kami sudah penuh. Kami
tidak bisa memproduksi lebih banyak lagi, sehingga
persediaan tidak akan meningkat, dan kebutuhan
modal kerja pun tidak akan bertambah. Jadi dalam
hal ini, saya ingin menyampaikan bahwa kami
memiliki dana yang cukup untuk mendukung
dividen dan modal kerja, selama tidak ada
perubahan lingkungan yang drastis yang

Answer:

My main pointis that as of 2024, we've already made
26 million, and our cash position is improving. The
number we've announced for our cash position is 54
million. Even after distributing 26 million, we still
have around 20 million to support working capital.
One of the major focuses in previous years was
building up inventory — but inventory is no longer
increasing.

As Xavier mentioned, we expect our performance in
2025 to remain stable compared to 2024. We're not
targeting further growth because we're already
operating at capacity. We won't be able to produce
more, which means inventory won't increase and, as
a result, our working capital needs won't either. So
in that sense, we believe we have sufficient cash to
support both the dividend and working capital —
unless there's a drastic deterioration in the
environment that leads to unexpected losses. But
based on our current order book, as mentioned by
Xavier, we expectto maintain similar performance in

Head Office & Plant: Jl. Hang Kesturi I No. 2, Kawasan Industri Terpadu Kabil, Kabil, Batam 29467 - Indonesia - Tel: #62 (778) 711121/22/23, 711888,
Fax: #62 (778) 711164

Representative Office: World Trade Center (WTC) 5, 16" floor, Jl. Jendral Sudirman Kav. 29-31, Jakarta 12920 - Indonesia - Tel: 462 (21) 5250609, Fax:
462 (21) 5712317
Page 4 OCR 0.929
PT CITRA TUBINDO Tbk

Vallourec Group

menyebabkan kerugian mendadak — dan itu tentu | 2025.
akan menjadi isu yang berbeda. Namun
berdasarkan data pesanan yang kami miliki saat ini,

seperti yang disebutkan Xavier, kami
memperkirakan hasil di tahun 2025 akan tetap

terjaga.

Tanya: OGuestion:

Anda menyebutkan bahwa kinerja tahun 2023 dan
2024 membaik, bahkan mencetak rekor tertinggi.
Lalu, mengapa Anda mengganti “tim pemenang”
saat ini?

You've said that performance in 2023 and 2024 has
improved and even reached record highs. So why are
you changing the “winning team” now?

Jawaban:

Alasan strategis di balik perubahan jajaran Direksi
dan Komisaris di Citra Tubindo adalah untuk
menyelaraskan kepemimpinan dengan strategi
jangka panjang perusahaan. Pengangkatan ini
mencerminkan komitmen kami untuk memperkuat
kepemimpinan melalui perpaduan pengalaman
internasional dan keahlian operasional. Langkah ini
diambil untuk — mendukung — pertumbuhan
berkelanjutan Citra Tubindo dan meningkatkan daya
saing perusahaan di pasar global.

Answer:

The strategic rationale behind the changes in Citra
Tubindo's Board of Directors and Commissioners is
to align leadership with the company's long-term
business strategy. These new appointments reflect
our commitment to strengthening leadership by
bringing in a mix of international experience and
operational expertise. This will support Citra
Tubindo's continued growth and competitiveness in
the global market.

Head Office & Plant: Jl. Hang Kesturi I No. 2, Kawasan Industri Terpadu Kabil, Kabil, Batam 29467 - Indonesia - Tel: #62 (778) 711121/22/23, 711888,
Fax: 462 (778) 711164

Representative Office: World Trade Center (WTC) 5, 16'" floor, Jl. Jendral Sudirman Kav. 29-31, Jakarta 12920 - Indonesia - Tel: «62 (21) 5250609, Fax:
462 (21) 5712317
Page 5 OCR 0.849
PT CITRA TUBINDO Tbk

Lampiran - 2 / Appendix-2

lic Expose

Company Profile PT Citra Tubindo Tbk

Incorporation Date 23 August 1983
Location Kepulauan Riau Province, Batam Island

Status and Form of Legal Entity Limited Liability Company (PT) and Public Company
Line of Business » Pipe threasing

Accessories Manufacturing Services
- Heat Treatment Process
» Pipe Coating & Surface Treatment
» Protectors Manufacturing Services

Address of Head Office & Factory — Hang Kesturi | No 2 Kawasan Industri Terpadu Kabil
Batam 29467 Telp: (0778) 7121-7123

Address of Representative Office World Trade Center16" Floor

Jl. Jend Sudirman Kav 29-31
Jakarta 12920 Telo: (021) 5250609

“

(Ds ommmom

Dividends

« PT Citra Tubindo Tbk (CTBN) will declare almost all of its
FY2024 profits as dividends. This amount to IDR 530 per
share. This is to reward shareholders who has been
supportive of the Company all these years.

« Based on the 800,371,500 shares issued, the total amount
to be paid for dividends is IDR 4.2 trillion or USD26 million
eguivalent.

» This is a (4/-) 1004 payout ratio.

Head Office & Plant: Jl. Hang Kesturi | No. 2, Kawasan Industri Terpadu Kabil, Kabil, Batam 29467 - Indonesia - Tel: #62 (778) 711121/22/23, 711888,
Fax: 462 (778) 711164

Representative Office: World Trade Center (WTC) 5, 16" floor, Jl. Jendral Sudirman Kav. 29-31, Jakarta 12920 - Indonesia - Tel: 462 (21) 5250609, Fax:
162 (21) 5712317
Page 6 OCR 0.858
PT CITRA TUBINDO Tbk

Vallourec Group

Lampiran - 3/ Appendix --3

Daftar Hadir / Attendance List
No Nama Institusi No HP Email
1 Indira Rahmadina Bank Mandiri 082280807019 indira.rahmadina@bankmandiri.co.id
2 | Necky Othman Pasha Hasibuan Bank Mandiri 08111113495 necky-hasibuan@bankmandiri.co.id
3 Agung Nugraha Bank Mandiri 087724937333 agung.nugraha@bankmandiri.co.id
4 Ayu F HSBC 081905054597 ayu@hsbc.co.id
5 udi Darmawan Pemegang Saham / Direksi 08161393642 ludi1975@g9mail.com
6 Laurent Didier Dubedout Commisioner
7 Fajar Wahyudi Direktur Utama
8 Saiful Mizra Direktur Keuangan
Li Xavier TA Director Tn
10 Jerome Favre Commisioner
11 | Mathieu Florent Jacgues Barreau (— Director
12 Sudjono Suhardjo Commisioner
13 Ricky Alexander Pt Citra Tubindo

Head Office & Plant: Jl. Hang Kesturi | No. 2, Kawasan Industri Terpadu Kabil, Kabil, Batam 29467 - Indonesia - Tel: t62 (778) 711121/22/23, 711888,
Fax: #62 (778) 711164

Representative Office: World Trade Center (WTC) 5, 16"" floor, Jl. Jendral Sudirman Kav. 29-31, Jakarta 12920 - Indonesia - Tel: 462 (21) 5250609, Fax:
162 (21) 5712317

File

File Open PDF
Source IDX
Size1.83 MB
Published17 Jun 2025
Pages6
Characters11,059
Text sourceOCR
OCR confidence0.902

Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org CITRA TUBINDO Tbk p.1 ×41
linked person Sudjono Suhardjo · Komisaris p.1 ×3
linked person Indri Rachdiany Putri Ayu p.1 ×2
linked org Bank Mandiri p.6 ×5
possible org PT Bursa Efek Indonesia p.1 ×3
unresolved — Mathieu Florent Jacgues Barreau · Komisaris Utama p.1
unresolved — Jerome Henry Marcel Favre · Komisaris p.1
unresolved — Xavier Claude Bertin · Direktur Utama p.1
unresolved — Saiful Mizra Bin Kassim · Direktur p.1 ×4
unresolved org Indonesia Stock Exchange p.1
unresolved person Fajar Wahyudi · Direktur Utama p.6

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