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                    May 28, 2025
                    Fajriyah Usman (T : +62 858-8330-8686, E : fajriyah.usman@pertamina.com)




PGN’s 2025 Annual General Meeting Approves Dividend Distribution of 80%
            of 2024 Net Profit, Equivalent to USD 271.5 Million

Jakarta, May 28, 2025 — PT Perusahaan Gas Negara Tbk (PGN), the Gas
Subholding of Pertamina, convened its 2025 Annual General Meeting of
Shareholders (AGMS) for the 2024 Fiscal Year as part of its commitment to
upholding the principles of Good Corporate Governance (GCG). The meeting was
held at the Graha PGAS Auditorium, PGN Head Office in Jakarta, on Wednesday,
May 28, 2025.

The AGMS approved the Company’s 2024 Annual Report, 2024 Audited Financial
Statements, and the 2024 Financial Report for the Micro and Small Business
Funding Program. The meeting also granted full release and discharge (acquit et de
charge) to the Board of Directors and the Board of Commissioners for the
management and supervision conducted during the 2024 fiscal year.

In the agenda regarding the allocation of the 2024 net profit of USD 339.4 million,
shareholders resolved to distribute USD 271.5 million—equivalent to 80% of net
profit—as cash dividends to shareholders, in proportion to their shareholding in the
Company.

Dividends will be paid in Indonesian Rupiah, using Bank Indonesia’s middle
exchange rate on the date of the AGMS, and will be distributed no later than 30
(thirty) calendar days following the publication of the AGMS Summary of Minutes.
This dividend distribution reflects the Company’s commitment to shareholder value
while maintaining long-term business sustainability.

The remaining USD 67.8 million will be retained as earnings to support PGN’s
operations and sustainable business development going forward.

The AGMS also ratified changes in the composition of PGN’s Board of
Commissioners. The updated composition of the Board of Commissioners and the
Board of Directors is as follows:
Page 2
                      May 28, 2025
                      Fajriyah Usman (T : +62 858-8330-8686, E : fajriyah.usman@pertamina.com)




Board of Commissioners
     •     President Commissioner & Independent Commissioner: Amien
Sunaryadi
     •     Commissioner: Warih Sadono
     •     Independent Commissioner: Christian H. Siboro
     •     Independent Commissioner: Dini Shanti Purwono
     •     Independent Commissioner: Tony Setyo Boedi Hoesodo
     •     Independent Commissioner: Abdullah Aufa Fuad

Board of Directors
     •      President Director: Arief Setiawan Handoko
     •      Director of Finance: Fadjar Harianto Widodo
     •      Director of Commercial: Ratih Esti Prihatini
     •      Director of Infrastructure and Technology: Harry Budi Sidharta
     •      Director of Strategy and Business Development: Rosa Permata Sari
     •      Director of Risk Management: Arief Kurnia Risdianto
     •      Director of Human Capital and Business Support: Rachmat Hutama

“Throughout 2024, PGN continued to strengthen its corporate performance by
optimizing infrastructure utilization, cost efficiency, and liability management,” stated
PGN Corporate Secretary Fajriyah Usman (28/5/2025). “These strategic initiatives
have significantly enhanced operational efficiency, financial growth, and long-term
business sustainability amid a challenging and dynamic energy landscape.”

Looking ahead, PGN will implement a structured, innovative, and sustainable
business strategy to seize growth opportunities and address sectoral challenges.
The company is also prepared to serve as a strategic partner of the government in
expanding access to natural gas across all segments of society, contributing to
national energy resilience.

“This includes carrying out government-mandated projects such as the development
of non-state budget-funded household gas networks and the construction of the
Tegal–Cilacap pipeline to meet natural gas demand at the Cilacap Refinery Unit
(RU),” Fajriyah concluded.

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Names mentioned 19 people and organisations named in the text · linked when the evidence is strong

linked person Fajriyah Usman p.1 ×3
linked org Perusahaan Gas Negara Tbk p.1 ×2
linked person Amien Sunaryadi p.2
linked person Warih Sadono · Commissioner p.2
linked person Christian H. Siboro · Commissioner p.2
linked person Dini Shanti Purwono · Commissioner p.2
linked person Abdullah Aufa Fuad · Commissioner p.2
linked person Arief Setiawan Handoko · President Director p.2 ×2
linked person Fadjar Harianto Widodo p.2
linked person Ratih Esti Prihatini p.2
linked person Harry Budi Sidharta p.2
linked person Rosa Permata Sari p.2
linked person Arief Kurnia Risdianto p.2
linked person Rachmat Hutama p.2
unresolved org Bank Indonesia p.1
unresolved org Bank Indonesia’s p.1
unresolved person Amien · Commissioner p.2
unresolved person H. Siboro p.2
unresolved person Tony Setyo Boedi Hoesodo · Commissioner p.2

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