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Page 1 OCR 0.928
3UMN-:., daan

PRESS RELEASE
PT ANTAM Tbk

For immediate release

Net Profit Increases Ten Times, ANTAM Group of MIND ID Surge in First
Ouarter of 2025

Jakarta, May 9, 2025 - PT Aneka Tambang Tbk (ANTM), or ANTAM, recorded an outstanding jump
in net profit in the first guarter of 2025. The Company's profit jumped by more than ten times to
Rp2.32 trillion, compared to Rp210.59 billion in the same period last year.

This impressive performance was also reflected in the 51896 increase in EBITDA to Rp3.26 trillion, up
significantly from Rp527.61 billion in the first guarter of 2024. This achievement is a strong indicator
of the transformation effectiveness and efficiency strategies implemented by the Company amid
the dynamics of the mining industry.

ANTAM President Director Nico Kanter emphasized that this success is the result of the
implementation of innovative marketing strategies and strict cost controls. "We continue to
prioritize operation excellence and the implementation of good mining practices so that we
can optimize the Company's performance. ANTAM also continues to implement innovative
marketing strategies, solid cost efficiency, and maintain a competitive cash cost structure,”
said Nico in an Earnings Call in Jakarta on Friday (9/5/2025).

In addition to net profit, ANTAM also posted a more than thirteen times increase in gross profit to
Rp3.64 trillion and operating profit, which turned positive to Rp2.69 trillion from a loss of Rp491.19
billion. Basic earnings per share (EPS) also increased by 79496 to Rp88.69, a 1796 increase in total
assets to Rp48.30 trillion, and a 1096 increase in eguity to Rp34.62 trillion.

President Director of MIND ID Maroef Sjamsoeddin added, "ANTAM's significant performance
achievement is the result of our hard work and commitment to implementing a strategy
focused on sustainable growth. We appreciate all ANTAM Employee who have made the best
contribution so that they can record optimal performance. We are also optimistic that by
continuing to take improvement steps in all business lines, including in terms of
implementing goof corporate governance, it will have a positive impact on the performance
of all MIND ID members."

Domestic Sales as Growth Driven

ANTAM recorded total net sales of Rp26.15 trillion during the first guarter of 2025, surging 20396
compared to Rp8.62 trillion in the same period last year. Significantly, domestic sales dominated
9596 of total revenue, or Rp24.83 trillion, reflecting ANTAM's success in strengthening the domestic
customer base.

The gold commodity became the backbone of revenue, with sales value reaching Rp21.61 trillion,
Up 18296 and contributing 8396 of total sales. Gold sales volume also increased significantly by 9396
to 13,739 kg, driven by the launch of the ANTAM Logam Mulia application, which facilitates digital
physical gold transactions.

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 @OffcialAntam (OJ Official ANTAM OfficiaLantam
Page 2 OCR 0.909
3UMN: (antam 9

PRESS RELEASE
PT ANTAM Tbk

For immediate release

Aggressive Growth of Nickel and Bauxite Segments

The nickel and bauxite segment also showed impressive growth. Total nickel sales (ferronickel and
nickel ore) increased by 58196 to Rp3.77 trillion. Ferronickel production was recorded at 4,498 tons
nickel in ferronickel (TNI), while sales volume reached 4,839 TNi.

Nickel ore production also increased by 22196 to 4.63 million wet metric tons (wmt), which aligns
with nickel ore sales growth of 28196 to 3.83 million wmt.

Meanwhile, bauxite and alumina commodities recorded sales of Rp708.75 billion, up 10296
compared to the first guarter last year. Bauxite ore production increased 32896 to 653,781 wmt, and
alumina sales reached 44,048 tons, growing 496 annually.

Focus on Downstream and Digital Innovation

Throughout 2025, ANTAM continues the Company's commitment to down streaming and
strengthening strategic business. ANTAM has signed a cooperation agreement to develop a
precious metal processing facility in JIIPE, Gresik, to enhance the gold segment.

In the nickel sector, ANTAM focuses on developing the electric vehicle battery (EV Battery)
ecosystem in Indonesia. While in the bauxite commodity, ANTAM is completing the Smelter Grade
Alumina Refinery (SGAR) Project in Mempawah with PT INALUM.

“Through downstream strategies and digital innovation, We are committed to creating
sustainable added value, strengthening Our contribution to the national economy and
provide benefits to the people” Nico concluded.

With this positive achievement at the beginning of the year, ANTAM confirms the Company's
position as one of the leading players in the national mining industry, which is adaptable, innovative,
and oriented towards sustainable growth.

##

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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linked org Aneka Tambang Tbk p.1 ×2
linked person Syarif Faisal Alkadrie p.1 ×2
possible org ANTAM Tbk p.1 ×4
unresolved org PT INALUM. p.2

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