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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
Dividend Per Share Rises by 42%, Elnusa Distributes IDR 285 Billion
in Dividends at the 2025 Annual General Meeting of Shareholders
Jakarta, 22 May 2025 – PT Elnusa Tbk (ELNUSA, IDX: ELSA), a subsidiary of PT Pertamina Hulu Energi under Pertamina’s Subholding
Upstream, has successfully held its Annual General Meeting of Shareholders (AGMS) for the 2024 Fiscal Year at the Udaya Room, Graha
Elnusa Building, Jakarta. During the meeting, shareholders approved a number of strategic decisions, including the distribution of cash
dividends totaling IDR 285.47 billion, equivalent to 40% of the consolidated net profit attributable to the parent entity.

The dividend per share amounted to IDR 39.11, representing a significant 42% increase compared to the previous year. This increase reflects
the company’s appreciation for the trust and continued support of its shareholders and underscores Elnusa’s solid financial performance
throughout 2024.

According to the 2024 financial report, Elnusa recorded a net profit of IDR 713.67 billion, a 42% rise from the previous year. This growth
was driven by a 7% increase in revenue, reaching IDR 13.39 trillion, along with operational efficiencies that improved the EBITDA margin
to 10.9%. All of Elnusa’s business segments—including integrated upstream oil and gas services, energy distribution and logistics services,
and oil and gas support services—contributed to these positive results.

Elnusa’s Corporate Secretary, Frida Lidwina, stated that the outcomes of this AGMS reflect the company’s ongoing commitment to
executing a sustainable business strategy. “Through strengthening our business lines, embracing digital transformation, maintaining
prudent financial management, and driving strategic business development, Elnusa continues to ensure sustainable growth. This dividend
increase also signals our confidence in the company’s long-term business outlook and reaffirms our commitment to delivering added value
to all stakeholders,” said Frida.

In addition to approving the allocation of net profits, the 2024 AGMS also ratified several other key resolutions. These included the approval
of the 2024 annual report and financial statements, the determination of bonuses for 2024 and remuneration for the Board of Directors
and Board of Commissioners for 2025, and the appointment of a Public Accounting Firm to audit the company's financial statements for
the 2025 fiscal year.

With solid strategic initiatives and sound governance, Elnusa continues to reaffirm its role as a national energy services provider that
remains agile amidst industry dynamics while promoting inclusive and sustainable business growth.

With a strong foundation, Elnusa is optimistic in approaching 2025 as a year of accelerated and more aggressive growth. The company will
continue to drive service innovation, enhance business capabilities, and position itself as a strategic partner in supporting national energy
resilience.

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.

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linked org PT Pertamina Hulu Energi p.1 ×3
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possible org Elnusa Tbk p.1 ×2

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