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Page 1
2 ANNUAL
24
    REPORT




                                                  SHAPING
                                                 THE FUTURE




       PT STEEL PIPE INDUSTRY OF INDONESIA Tbk
Page 2

          
Page 3
Laporan Keberlanjutan 2024




  Selamat datang di Laporan Keberlanjutan PT Steel Pipe Industry of          Welcome to the Sustainability Report of PT Steel Pipe Industry of
  Indonesia Tbk (PT SPINDO Tbk). PT Steel Pipe Industry of Indonesia         Indonesia Tbk (PT SPINDO Tbk). In this report, PT Steel Pipe Industry
  Tbk dan entitasnya dalam laporan ini selanjutnya disebut “SPINDO”,         of Indonesia Tbk and its entities will be referred to as “SPINDO”, “We”,
  “Kami”, “Perusahaan”, atau “Perseroan”. Laporan ini merupakan              “the Company” or “the Corporation”. The Report is the third
  Laporan Keberlanjutan ketiga yang disusun oleh SPINDO dalam                Sustainability Report prepared by SPINDO which aims to present the
  upaya menyajikan dampak atas berbagai aktivitas perusahaan di sisi         impacts that emerged from the Company’s various activities from
  ekonomi, lingkungan dan sosial.                                            economic, social and environmental aspects.


  Melalui laporan ini dapat pula dinilai sampai sejauh mana kontribusi       This report also indicates on how far along has SPINDO’s contribution
  SPINDO dalam pencapaian sasaran Pembangunan Berkelanjutan                  made in the race of achieving Sustainable Development Goals/SDGs).
  (Sustainable Development Goals / SDGs). Laporan ini mencakup               This report covers the Company’s strategies, initiatives, and
  strategi, inisiatif, dan kinerja Perusahaan di bidang lingkungan, sosial   performance on environmental, social and governance (“ESG”) issues
  dan tata kelola (“ESG”) serta aspek people, planet dan profit (“3P”)        as well as the aspects of people, planet and profit (“3P”) for the
  untuk periode pelaporan mulai 1 Januari 2024 hingga 31 Desember            reporting period from January 1st, 2024 to December 31st, 2024 and
  2024 dan diterbitkan setiap tahun. Laporan ini disusun setiap              published annually. This report is presented annually in order to
  tahunnya guna mengukur upaya perbaikan yang dilakukan                      assess the improvement that Company carries out every year.
  Perusahaan dari tahun ke tahun.




              Kinerja Ekonomi                   Kinerja Sosial                   Kinerja Lingkungan            Indeks POJK & Standar GRI          a
           Economic Performance               Social Performance             Environmental Performance         POJK Index & GRI Standard
Page 4
                                                                                                                             2024 Sustainability Report




Ruang Lingkup dan Batasan Pelaporan
Reporting Scope and Boundary
Isi dari laporan ini mencakup kinerja keberlanjutan dari kegiatan                The contents of this report disclose the sustainability
operasional Perseroan dan seluruh entitas anaknya.                               performance of the Company’s operations and all of its
                                                                                 subsidiaries.




Kerangka dan Acuan Pelaporan
Reporting Framework and Guidelines
Laporan ini diterbitkan sesuai dengan kondisi Perseroan                          This report has been prepared in accordance with the
sepanjang tahun 2024 dengan mengacu pada ketentuan yang                          Company’s condition throughout 2024 with respect to
termaktub dalam:                                                                 provisions in:
Ÿ   POJK No. 51/POJK.03/2017 tentang Penerapan Keuangan                          Ÿ   POJK No. 51/POJK.03/2017 regarding Sustainable Finance
    Berkelanjutan Perusahaan Publik;                                                 Implementation of Publicly Listed Company;
Ÿ   SEOJK No. 16/SEOJK.04/2021 tentang Bentuk dan Isi                            Ÿ   SEOJK No. 16/SEOJK.04/2021 regarding the Format and
    Laporan Tahunan Emiten atau Perusahaan Publik;                                   Content of Annual report of Publicly Listed Company;
Ÿ   Global Reporting Initiative (GRI) Standards; dan                             Ÿ   Global Reporting Initiative (GRI) Standards; and
Ÿ   Sustainable Development Goals (SDGs).                                        Ÿ   Sustainable Development Goals (SDGs).




b                     Tentang Kami                     Strategi Keberlanjutan                        Profil Perusahaan              Tata Kelola Keberlanjutan
                        About Us                       Sustainability Strategy                       Company Profile                Sustainability Governance
Page 5
Laporan Keberlanjutan 2024




           Informasi terkait aspek keberlanjutan yang disajikan di dalam              The information related to sustainability aspects presented in
           laporan ini telah disiapkan sesuai dengan Standar GRI: Pilihan             this report has been prepared in accordance with the GRI
           inti              . Pemenuhan indikator dan topik material tersebut        Standards: Core options [102-54]. Fulfilment of the indicators and
                  [102-54]



           ditandai dengan mencantumkan kode angka dalam kurung                       material topics is marked by affixing the numbered codes in
           pada bagian akhir paragraf. Selain itu, Indeks standar GRI juga            brackets written at the end of paragraphs. In addition, GRI
           tersedia di dalam laporan ini sebagai navigasi untuk me-                   Standards Index is also available in this report as navigation to
           mudahkan dalam mendapatkan informasi yang diperlukan                 .     ease in obtaining the required information [102-55].
                                                                         [102-55]




           Pada Laporan Keberlanjutan 2024, Perseroan belum                           On the Sustainability Report 2024, the Company has not
           melakukan proses assurance namun Perseroan telah                           performed assurance process, however the Company has
           melakukan verifikasi dan validasi secara internal atas data-data            conducted internal verification and validation on the data
           yang disajikan dalam laporan ini                   .
                                                  [G.1][102-56]
                                                                                      presented in this report. [G.1][102-56].


           Kami sangat menghargai saran, masukan, dan pertanyaan dari                 We very much appreciate every suggestion, input, and inquiry
           para pemangku kepentingan atas data dan informasi yang                     from stakeholders on the data and information presented in this
           disajikan dalam Laporan ini. Untuk menyampaikannya kepada                  report. The report can be submitted by filling out a form
           kami, dapat mengisi formulir yang ada di bagian “Feedback”,                available in the “Feedback” section, chapter 8 [102-53]or in our
           bab 8 Laporan Keberlanjutan ini [102-53] atau di laman situs kami:         website www.spindo.com
           www.spindo.com




           Kinerja Ekonomi                         Kinerja Sosial                 Kinerja Lingkungan                    Indeks POJK & Standar GRI   c
        Economic Performance                     Social Performance           Environmental Performance                 POJK Index & GRI Standard
Page 6
                                                                                                              2024 Sustainability Report




          Daftar Isi
          Table of Contents

Bab        Isi                                                                                                        Halaman
Chapter    Contents                                                                                                   Pages


          Tentang Kami                                            About Us

1
                                                                                                                                   1
          Level Up! Shaping The Future                                                                                             2
          Ikhtisar Kinerja Keberlanjutan                          Sustainability Performance Highlight                             3
          Peristiwa Penting 2024                                  Events Highlight in 2024                                         6


          Strategi Berkelanjutan                                  Sustainability Strategy

2
                                                                                                                                   7
          Sambutan Direksi                                        Board of Directors’ Message                                      8


          Profil Perusahaan                                        Corporate Profile                                               17
          Data Perusahaan                                         Corporate Data

3
                                                                                                                                 18
          Kepemilikan & Bentuk Hukum                              Composition of Shareholders                                    20
          Bidang Usaha, Produk & Jasa                             Business Lines, Products & Services                            24
          Skala Usaha                                             Company Scale                                                  30
          Rantai Kegiatan Usaha Bisnis                            Business Activity Chain                                        30
          Perubahan Emiten & Perusahaan Publik                    Significant Changes to the Emiten & Public Company              31
          yang Bersifat Signifikan
          Struktur Organisasi                                     Organizational Structure                                       32
          Jejak Langkah                                           Milestones                                                     34
          Visi, Misi & Nilai-Nilai                                Vision, Mission & Corporate Values                             36
          Wilayah Operasi                                         Operational Areas                                              38
          Sertifikasi                                              Certifications                                                  44
          Penghargaan                                             Awards                                                         46
          Keanggotaan Organisasi & Asosiasi                       Organization & Association Membership                          46


          Tata Kelola Keberlanjutan                               Sustainability Governance                                      47
          Etika & Integritas                                      Ethics & Integrity

4
                                                                                                                                 49
          Struktur Tata Kelola Perusahaan                         Governance Structure                                           52
          Wewenang & Tanggung Jawab Eksekutif                     Executive Authorities and Responsibilities in                  53
          dalam Tata Kelola Keberlanjutan                         Sustainability Governance
          Keefektifan Proses Manajemen Resiko                     Effectiveness of Risk Management Process                       57
          Kebijakan Remunerasi Dewan Komisaris                    Remuneration Policy for the Board of Commissioners             59
          dan Direksi                                             and the Board of Directors
          Keterlibatan Pemangku Kepentingan                       Stakeholder Engagement                                         60
          Penetapan dan Periode Laporan                           Determination & Reporting Period                               61




d                  Tentang Kami               Strategi Keberlanjutan                   Profil Perusahaan           Tata Kelola Keberlanjutan
                     About Us                 Sustainability Strategy                  Company Profile             Sustainability Governance
Page 7
Laporan Keberlanjutan 2024




           Bab                  Isi                                                                                                          Halaman
           Chapter              Contents                                                                                                     Pages


                               Kinerja Ekonomi                                    Economic Performance                                            65


            5                  Membangun Budaya Berkelanjutan
                               Nilai Ekonomi Langsung yang dihasilkan dan
                               Didistribusikan
                                                                                  Building A Sustainable Culture
                                                                                  Direct economic value generated and distributed
                                                                                                                                                  66
                                                                                                                                                  67


                               Implikasi Finansial serta Resiko dan Peluang Lain Financial implications and other risks and opportunities         69
                               Akibat dari Perubahan Iklim                        due to climate change
                               Inovasi & Pengembangan Produk dan Jasa             Innovation & Development of Products and Services               70
                               Penilaian Dampak Kesehatan dan Keselamatan         Assessment of the Health and Safety Impacts                     71
                               Produk dan Jasa                                    of Products and Services


                               Kinerja Sosial                                     Social Performance                                              75


            6                  Berkomitmen untuk Meningkatkan Mutu
                               Kehidupan
                               Pengelolaan Sumber Daya Manusia
                                                                                  Commitment to Improving The Quality of Life


                                                                                  Human Resource Management
                                                                                                                                                  76


                                                                                                                                                  78
                               Komitmen Perseroan terhadap Hak Asasi Manusia      Company Commitment to Human Rights                              83
                               Komitmen Perseroan terhadap Pengembangan           Company Commitment to Employee Development                      87
                               Karyawan
                               Keselamatan & Kesehatan Kerja (K3)                 Occupational Safety & Health (OSH)                              96
                               Pengembangan Masyarakat                            Community Development                                          104


                               Kinerja Lingkungan                                 Environmental Performance                                      117


            7                  Produksi Dalam Keberlanjutan
                               Material yang Digunakan Untuk Proses
                               Manufaktur
                                                                                  Production in Sustainability
                                                                                  Materials Used for Manufacturing Processes
                                                                                                                                                 118
                                                                                                                                                 120


                               Konsumsi Energi dalam Produksi                     Energy Consumption in Production                               122
                               Pemanfaatan Air                                    Water Utilization                                              128
                               Emisi dan Gas Buang                                Emission and Exhaust Gasses                                    129
                               Keanekaragaman Hayati                              Biodiversity                                                   131
                               Pengelolaan Limbah Berbahaya                       Disposal Method of Hazardous Waste                             132
                               Ketidakpatuhan Terhadap Undang-Undang              Non Compliance with Environmental Laws &                       134
                               dan Peraturan Lingkungan Hidup                     Regulations


                               Indeks POJK & Standar GRI                          POJK & GRI Standard Index                                      135


            8                  Indeks POJK
                               Indeks Isi Standar GRI
                                                                                  POJK Index
                                                                                  GRI Standard Content Index
                                                                                                                                                 136
                                                                                                                                                 139



           Kinerja Ekonomi                         Kinerja Sosial                Kinerja Lingkungan              Indeks POJK & Standar GRI        e
        Economic Performance                     Social Performance          Environmental Performance           POJK Index & GRI Standard
Page 8
                                                                    2024 Sustainability Report




                   Halaman ini sengaja dikosongkan
                   This page is intentionally left blank




f   Tentang Kami      Strategi Keberlanjutan     Profil Perusahaan       Tata Kelola Keberlanjutan
      About Us        Sustainability Strategy    Company Profile         Sustainability Governance
Page 9
Laporan Keberlanjutan 2024




           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   1
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard   1
Page 10
                                                                                                                    2024 Sustainability Report



Level Up! Shaping The Future

Masa depan produksi pipa baja dibentuk oleh keberlanjutan,                    The future of steel pipe manufacturing is being shaped by
teknologi, dan dinamika pasar. Seiring meningkatnya kepedulian                sustainability, technology, and market dynamics. As environmental
terhadap lingkungan, industri ini menerapkan metode produksi yang             concerns grow, the industry is embracing eco-friendly production
ramah lingkungan, seperti daur ulang dan teknologi hemat energi,              methods, such as recycling and energy-efficient technologies, to
untuk mengurangi jejak karbonnya.                                             reduce its carbon footprint.


Saat ini kami telah naik level, sehingga kami berfokus pada tiga pilar        We have leveled up, and now we focus on three core pillars:
inti: Tanggung Jawab Lingkungan, Inovasi Teknologi, dan Ekspansi              Environmental Responsibility, Technological Innovation, and Market
Pasar dengan Keberlanjutan sebagai Inti. Strategi kami dirancang              Expansion, with Sustainability at the Core. Our strategy is designed to
untuk memenuhi kebutuhan industri yang terus berkembang                       meet the evolving needs of the industry while ensuring a positive
sekaligus memastikan dampak positif pada planet dan komunitas                 impact on our planet and communities
kami.


Teknologi mendorong inovasi, dengan otomatisasi dan analisis data             Technology is driving innovation, with automation and data analytics
yang mengoptimalkan produksi dan meningkatkan kualitas produk.                optimizing production and enhancing product quality. These
Kemajuan ini juga memungkinkan produsen untuk memenuhi                        advancements also enable manufacturers to meet the demand for
permintaan akan solusi yang lebih berkelanjutan dan disesuaikan.              more sustainable, customized solutions.


Di pasar saat ini, konsumen semakin memprioritaskan keberlanjutan,            In today’s market, consumers are increasingly prioritizing
mendorong perusahaan untuk mengadopsi strategi pemasaran yang                 sustainability, pushing companies to adopt transparent marketing
transparan yang menyoroti komitmen mereka terhadap praktik                    strategies that highlight their commitment to green practices. As the
ramah lingkungan. Karena pasar baja menghadapi tantangan seperti              steel market faces challenges like fluctuating raw material costs and
biaya bahan baku yang berfluktuasi dan dinamika perdagangan yang               shifting trade dynamics, companies must remain adaptable while
berubah, perusahaan harus tetap beradaptasi sambil menanggapi                 responding to consumer demand for quality and environmental
permintaan konsumen akan kualitas dan tanggung jawab                          responsibility.
lingkungan.


“Level Up! Shaping The Future" berarti maju melalui inovasi,                  "Level Up! Shaping The Future" means advancing through
keberlanjutan, dan pemahaman yang tajam tentang perilaku                      innovation, sustainability, and a keen understanding of evolving
konsumen yang terus berkembang, memastikan produsen baja tetap                consumer behavior, ensuring steel manufacturers stay relevant and
relevan dan bertanggung jawab di dunia yang terus berubah.                    responsible in a changing world.




2                     Tentang Kami                  Strategi Keberlanjutan                  Profil Perusahaan              Tata Kelola Keberlanjutan
1                       About Us                    Sustainability Strategy                 Company Profile                Sustainability Governance
Page 11
Laporan Keberlanjutan 2024



  Ikhtisar Kinerja Keberlanjutan
  Sustainability Performance Highlight




  Kinerja Ekonomi Tahun 2024 | Economic Performance in 2024
                                                                                    Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                   Expressed in million of Rupiah, unless otherwise stated




      Pendapatan
      Usaha                                                     Rp 6.118.364
      Revenues

                                                                                    Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                   Expressed in million of Rupiah, unless otherwise stated




      Nilai Ekonomi yang
      Didistribusikan
      Distributed Economic                                      Rp 5.759.625
      Value


                                                                                    Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                   Expressed in million of Rupiah, unless otherwise stated




      Nilai Ekonomi yang
      Ditahan
      Withdrawal Economic                                                 Rp 480.612
      Value




           Kinerja Ekonomi          Kinerja Sosial         Kinerja Lingkungan                     Indeks POJK & Standar GRI            3
        Economic Performance      Social Performance   Environmental Performance                  POJK Index & GRI Standard            1
Page 12
                                                                                     2024 Sustainability Report




Kinerja Sosial Tahun 2024 | Social Performance in 2024


     Dana Tanggung Jawab
     Sosial Perusahaan
     Corporate Social                                            Rp 739.719.723
     Responsibility (CSR) Funds



    Iuran Rutin Dana Kemasyarakatan
    Regular Community Contribution Funds                          Rp 205.954.800

    Dana Program Pengembangan Masyarakat
    Community Development Program Funds                           Rp 599.186.973

Kontribusi Kami kepada Masyarakat |
Our Contribution to Society
    Program Pengembangan Masyarakat
    [Pembangunan Infrastruktur]
    Community Development Programs                                Rp 533.764.923
    [Infrastructure Development]




Kontribusi Kami kepada Karyawan |
Our Contribution to Employees

    Biaya Pelatihan Karyawan
    Employee Training Costs                                       Rp 870.869.100

    Kematian Akibat Kecelakaan Kerja
    Deaths Due to Work Accidents                                                     0


4               Tentang Kami           Strategi Keberlanjutan     Profil Perusahaan       Tata Kelola Keberlanjutan
1                 About Us             Sustainability Strategy    Company Profile         Sustainability Governance
Page 13
Laporan Keberlanjutan 2024




  Kinerja Lingkungan Tahun 2024 | Environmental Performance in 2024


          Biaya Pengelolaan
          Dampak Lingkungan
          Cost of Environmental                                              Rp 6.166.299.964
          Impact Management



  Kontribusi Kami kepada Lingkungan |
  Our Contribution to the Environment

    Efisiensi Konsumsi Energi
    Efficiency of Energy Use                                                                               0,79%

    Efisiensi Konsumsi Air
    Efficiency of Water Use                                                                                0,25%

                       Sertifikasi dalam Pengelolaan Lingkungan |
                       Certification in Environmental Management

                                PROPER
       Peringkat “BIRU” dari Kementerian Lingkungan Hidup
                   dan Kehutanan Republik Indonesia                                             ISO 14001:2015
          a "BLUE" rating from the Ministry of Environment
               and Forestry of the Republic of Indonesia


                        Unit 1, Unit 3, Unit 5, Unit 6                                               Unit 3 & Unit 4



                         Industri Hijau - Industri Pipa Baja Elektric Resistence Welding Non Otomotif
                        Green Industry - Non-Automotive Electric Resistance Welding Steel Pipe Industry
     diterbitkan oleh Lembaga Sertifikasi Industri Hijau Balai Standarisasi & Pelayanan Jasa Industri Surabaya, Kementrian Perindustrian.
        issued by the Green Industry Certification Institute, Surabaya Industrial Standardization & Service Center, Ministry of Industry.


                                                                    Unit 3



            Kinerja Ekonomi                      Kinerja Sosial              Kinerja Lingkungan            Indeks POJK & Standar GRI       5
         Economic Performance                  Social Performance        Environmental Performance         POJK Index & GRI Standard       1
Page 14
                                                                                                                    2024 Sustainability Report




Peristiwa Penting Tahun 2024                                                         [102-12]

Event Highlight in 2024




    Pembukaan Warehouse
    SPINDO Unit 7
    SPINDO Plant 7 Warehouse Opening




              Best Sustainalibility-Linked                                  Sustainable Finance 2025
              Transaction 2024

              18th Annual Borrower Issuer Awards 2024
                                                                             The Asset Triple A Awards-ASEAN/DEAL
              Alpha Southeast Asia



                           Best Vendor In
                           Pricing Support
                           PT Pertamina Patra Niaga
                                  Desember | December 2024



                                                                   Perusahaan Industri Jawa Timur
                                                                   Peserta Sertifikasi Hijau Tahun 2024
                                                                   East Java Industrial Companies Participating
                                                                   in Green Certification in 2024

                                                                   Pejabat Gubernur Jawa Timur | Acting Governor of East Java

                                                          22 Agustus | August 2024




                      The Best Sectors
                      Investortrust Companies 2024
                      Sektor Bahan Baku | Raw Material Sector


                      Investortrust                  16 Mei | May 2024



                                                                                  Penghargaan Capaian Investasi
                                                                                       Tertinggi Kota Surabaya.
                                                                                        Highest Investment Achievement Award
                                                                                                             for Surabaya City

                                                                                         Walikota Surabaya | Mayor of Surabaya

                                                                           01 Maret | March 2024




6                  Tentang Kami                  Strategi Keberlanjutan                     Profil Perusahaan               Tata Kelola Keberlanjutan
1                    About Us                    Sustainability Strategy                    Company Profile                 Sustainability Governance
Page 15
Laporan Keberlanjutan 2024




           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   7
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard   2
Page 16
                                                                                                                               2024 Sustainability Report




Sambutan Direksi [D.1][102-14,15]
Board of Directors Message




Saat ini kami telah melangkah ke babak baru dalam industri pipa baja,               Today we have entered a new chapter in the steel pipe industry, that is driven
didorong oleh visi yang jelas “Level Up! Shaping The Future”. Tema ini              by the clear vision of "Level Up! Shaping The Future". This theme reflects an
mencerminkan kemajuan industri pipa baja melalui teknologi, inovasi, dan            advancement of the steel pipe industry through technology, innovation and
praktik berkelanjutan. Peran pipa baja dalam infrastruktur dan teknologi            sustainable practices. Steel pipes play a critical role in the modern
modern sangat penting, dan kami memahami bahwa kemajuan saat ini akan               infrastructure and technology, and we understand that today's advancements
membentuk dunia masa depan.                                                         will shape tomorrow's world.


Produk-produk kami merupakan bagian integral dari sektor-sektor utama               Our products are integral to such key sectors as infrastructure and
seperti infrastruktur dan konstruksi, energi, otomotive, dan furnitur, yang         construction, energy, automotive and furniture, all of which serve an essential
semuanya menjadi bagian dari kehidupan masyarakat sehari-hari. Kami terus           role in people's daily lives. We are constantly looking to enter new markets, in
berusaha melakukan perluasan ke pasar baru, terutama dengan meningkatnya            particular amidst the burgeoning demand for environmentally conscious
permintaan akan solusi yang sadar lingkungan dalam infrastruktur.                   solutions to infrastructure.


Kemajuan teknologi dalam produksi tentunya tak terlepas dari tantangan              Technological advances in production are practically inseparable from
lingkungan yang harus kita atasi. Melalui keberlanjutan, kami secara gradual        environmental challenges that we must overcome. Through sustainability, we
menuju proses produksi yang lebih ramah lingkungan dan lebih efisien.                are gradually moving towards a greener and more efficient production
                                                                                    process.




 8                      Tentang Kami                      Strategi Keberlanjutan                    Profil Perusahaan                  Tata Kelola Keberlanjutan
 2                        About Us                        Sustainability Strategy                   Company Profile                    Sustainability Governance
Page 17
Laporan Keberlanjutan 2024




  Strategi Keberlanjutan SPINDO “Level Up! Shaping The Future”
  SPINDO Sustainability Strategy “Level Up! Shaping The Future”

  Di SPINDO, kami berkomitmen tidak hanya untuk memimpin industri pipa            At SPINDO, we are committed not only to leading the steel pipe industry, but
  baja, tetapi juga untuk membentuk masa depan di mana keberlanjutan,             also to shaping the future where sustainability, innovation and growth go hand
  inovasi, dan pertumbuhan berjalan beriringan. Saat kami naik level, kami        in hand. As we level up, we focus on three central pillars: Environmental
  berfokus pada tiga pilar inti: Tanggung Jawab Lingkungan, Inovasi Teknologi,    Responsibility, Technological Innovation, and Market Expansion with
  dan Ekspansi Pasar dengan Keberlanjutan sebagai Inti. Strategi kami             Sustainability as Core. SPINDO's strategy is designed to meet the changing
  dirancang untuk memenuhi kebutuhan industri yang terus berkembang               needs of the industry while making positive impacts on our planet and
  sekaligus memastikan dampak positif pada planet dan komunitas kami.             communities.


  Pada tahun 2024, pasar baja mengalami transformasi yang signifikan. Industri     In 2024, the steel market underwent a profound transformation. The industry
  sedang mengarungi lanskap global yang berubah dengan cepat—dibentuk             was navigating a rapidly changing global landscape shaped by technological
  oleh kemajuan teknologi, permintaan yang terus meningkat akan                   advancements, a rising demand for sustainability, and the complex market
  keberlanjutan, dan dinamika pasar yang terus berkembang. Sebagai                dynamics. As a leader in the steel pipe industry, we are aware that our
  pemimpin dalam industri pipa baja, kami menyadari bahwa pemasaran harus         marketing strategies need to constantly evolve to tackle challenges, stimulate
  berkembang untuk menghadapi tantangan ini, mendorong pertumbuhan, dan           growth, and cement a good working relationship with our customers and
  menciptakan hubungan yang lebih dalam dengan pelanggan dan pemangku             stakeholders.
  kepentingan kami.


  Kunci keberhasilan pada tahun 2024 terletak pada penyelarasan upaya             Much of our success in 2024 rested on the alignment of the Company's
  pemasaran kami dengan tren yang lebih luas yang membentuk pasar baja.           marketing campaign and the larger trends that affect the steel market. The
  Permintaan akan material yang berkelanjutan dan berkinerja tinggi semakin       demand for sustainable, high-performance materials is growing, and
  meningkat, dan industri di seluruh dunia memprioritaskan solusi yang ramah      industries around the world are prioritizing green solutions. For SPINDO, that
  lingkungan. Bagi perusahaan kami, ini merupakan peluang sekaligus tanggung      means both an opportunity and a responsibility. Our marketing strategy is
  jawab. Strategi pemasaran kami difokuskan untuk menonjolkan komitmen kami       strongly oriented toward commitments to sustainability, innovation and
  terhadap keberlanjutan, inovasi, dan kualitas, yang memposisikan kami sebagai   quality that make us a trusted partner in developing future-ready
  mitra tepercaya dalam mengembangkan infrastruktur yang siap menghadapi          infrastructure.
  masa depan.


  Kami berfokus untuk membangun hubungan yang kuat dan transparan dengan          We focus on building strong and transparent relationships with our clients,
  klien kami, menunjukkan bagaimana produk kami tidak hanya memenuhi              demonstrating how our products not only meet the highest standards of
  standar ketahanan dan efisiensi tertinggi, tetapi juga berkontribusi pada masa   durability and efficiency, but also contribute to a greener future. Today,
  depan yang lebih hijau. Saat ini, pelanggan lebih jeli dari sebelumnya,         customers are more observant than ever, and it is thus of crucial importance
  kemampuan kami untuk mengomunikasikan praktik berkelanjutan, inovasi            that we possess the ability to clearly and effectively communicate our
  teknologi, dan proposisi nilai kami dengan jelas dan efektif adalah kuncinya.   sustainable practices, technological innovations and value propositions.


  Kami juga menyadari bahwa transformasi digital sedang membentuk kembali         We also aware that the digital transformation is reshaping the way the
  cara Perseroan berinteraksi dengan audiens masa kini. Strategi pemasaran        Company interacts with today's audiences. Marketing strategies are
  semakin didorong oleh data dan AI, dengan memanfaatkan wawasan dari             increasingly driven by data and AI, leveraging insights from customer
  perilaku pelanggan, platform digital, dan media sosial untuk berinteraksi       behavior, digital platforms and social media to engage with new and existing
  dengan klien baru dan lama dengan cara yang inovatif. Melalui inovasi dalam     clients in innovative ways. Through digital marketing innovations, we seek to
  pemasaran digital, kami memastikan bahwa pesan kami didengar dengan             ensure that our message is delivered loud and clear in a competitive and fast-
  lantang dan jelas dalam lingkungan yang kompetitif dan serba cepat.             paced environment.




               Kinerja Ekonomi                         Kinerja Sosial                 Kinerja Lingkungan               Indeks POJK & Standar GRI             9
            Economic Performance                     Social Performance           Environmental Performance            POJK Index & GRI Standard             2
Page 18
                                                                                                                               2024 Sustainability Report




Sasaran kami di tahun 2025 mendatang adalah tidak hanya memposisikan                Our goal in the coming 2025 is twofold: to position our steel pipes as the
pipa baja kami sebagai produk pilihan, tetapi juga untuk diakui sebagai             product of choice and to be become a forward-thinking company leading the
perusahaan yang berpikiran maju yang memimpin perubahan menuju masa                 change towards a more sustainable and technologically advanced future.
depan yang lebih berkelanjutan dan berteknologi maju.




Kinerja Ekonomi | Ekonomic Performance
Pada tahun 2024, Perseroan telah menciptakan nilai ekonomi langsung yang            In 2024, the Company created a direct economic value generated (EVG) of IDR
dihasilkan sebesar Rp 6,24 T dan nilai ekonomi yang didistribusikan sebesar         6.24 trillion and an economic value distributed (EVD) of IDR 5.76 trillion. The
Rp 5.76 T. Sementara nilai ekonomi yang ditahan sebesar Rp 481 milyar. Nilai        retained economic value amounted to IDR 481 billion. Direct EVG refers to the
ekonomi langsung yang dihasilkan merujuk kepada total manfaat atau nilai            total benefit or value created from an activity of goods or services produced,
yang tercipta dari suatu kegiatan barang atau jasa yang diproduksi. Nilai           whereas EVD represents the portion of the EVG that is allocated to different
Ekonomi yang Didistribusikan merupakan bagian dari nilai yang dihasilkan            stakeholders, such as employees (wages and salaries), government (taxes), or
yang dibagikan kepada pihak-pihak terkait, seperti pekerja (gaji), pemerintah       shareholders (dividends). Economic value generated is the portion of the
(pajak), atau pemegang saham (dividen). Sedangkan Nilai Ekonomi yang                generated value that remains within the Company for reuse, such as retained
Dihasilkan adalah bagian dari nilai yang dihasilkan yang tetap berada dalam         profits for reinvestment or expansion.
Perseroan untuk digunakan kembali, seperti keuntungan yang ditahan untuk
reinvestasi atau ekspansi.
                                                                                    In 2024, the Company recorded a net profit of IDR 530 billion, representing an
Laba bersih perseroan pada tahun 2024 adalah sebesar Rp 530 milyar,                 increase of 6.4% compared to IDR 498 billion in 2023. This achievement
tumbuh 6,4% dibandingkan dari tahun 2023 sebesar Rp 498 milyar. Laba                marks the highest net profit for the Company for two consecutive years. This
bersih tahun 2024 ini merupakan rekor laba bersih selama 2 tahun berturut-          solid performance demonstrates our continued efforts to expand market
turut. Hal ini merupakan bukti nyata upaya kami untuk memperluas pangsa             share, improve operational efficiency, and deliver products that meet the
pasar, meningkatkan efisiensi operasional, dan menyediakan produk yang               evolving needs of our customers. We successfully navigated various
memenuhi kebutuhan pelanggan yang terus berkembang. Kami mampu                      challenges, including rising material costs and supply chain disruptions, while
mengatasi berbagai tantangan, seperti kenaikan biaya material dan gangguan          maintaining our long-term commitment to sustainability and innovation.
rantai pasokan, sambil tetap berkomitmen pada tujuan jangka panjang kami
yaitu keberlanjutan dan inovasi.
                                                                                    The sales of SPINDO's steel pipes remain primarily focused on the domestic
Penjualan pipa baja SPINDO masih berorientasi pada pasar domestik,                  market, with the remainder allocated for export. Project-based sales continue
sedangkan sisanya untuk ekspor, dimana penjualan ke proyek masih menjadi            to be the main contributor to our revenue. Throughout 2024, government and
tumpuan utama. Sepanjang tahun 2024, proyek pemerintah dan Badan                    state-owned enterprise (SOE) projects — such as those of Pertamina, Pupuk
Usaha Milik Negara (BUMN) masih tetap berjalan, seperti Pertamina, Pupuk            Kaltim, and others — remained active. Approximately 70% of SPINDO's steel
Kaltim dan lain sebagainya. Hampir 70% penjualan pipa baja SPINDO ke                pipe sales were directed to project-based customers, with the balance
proyek, sisanya ke distributor, agen dan retail.                                    distributed through distributors, agents, and retail channels.


Tahun 2024, Perseroan menerbitkan Sustainability-Linked Bond (SLB) senilai          In 2024, the Company issued a Sustainability-Linked Bond (SLB) worth IDR 1
1 triliun rupiah yang menjadikannya sebagai SLB pertama dalam mata uang             trillion, making it the first SLB denominated in rupiah to be issued in Indonesia.
rupiah yang diterbitkan di Indonesia. Penerbitan ini merupakan salah satu           This issuance forms part of the Company's risk mitigation strategy in response
upaya mitigasi resiko terhadap fluktuasi ekonomi yang semakin menantang ke           to an increasingly challenging and volatile economic environment. Furthermore,
depannya. Selain itu, penerbitan ini telah meraih penghargaan "Best                 this SLB issuance has received notable recognition, being awarded "Best
Sustainability-Linked Bond" dalam ajang 18th Annual Borrower Issuer                 Sustainability-Linked Bond" at the 18th Annual Borrower Issuer Awards 2024
Awards 2024 oleh Alpha Southeast Asia dan The Asset Triple A Awards -               by Alpha Southeast Asia, as well as The Asset Triple A Awards - ASEAN/DEAL
ASEAN/DEAL Awards untuk kategori Sustainable Finance 2025.                          Awards under the Sustainable Finance 2025 category.




10                        Tentang Kami                    Strategi Keberlanjutan                   Profil Perusahaan                    Tata Kelola Keberlanjutan
 2                          About Us                      Sustainability Strategy                  Company Profile                      Sustainability Governance
Page 19
Laporan Keberlanjutan 2024




  Dengan terlaksananya penerbitan obligasi terkait keberlanjutan, kami mampu      With the issuance of the sustainability-linked bond, we managed to improve
  meningkatkan proses manufaktur, mendanai inisiatif ramah lingkungan,            our manufacturing processes, fund green initiatives, invest in cleaner
  berinvestasi dalam teknologi yang lebih bersih, dan memperluas kapasitas        technologies, expanding our capacity to fulfil the growing demand for
  kami untuk memenuhi permintaan yang terus meningkat akan produk yang            environmentally responsible products. Not only has the investment
  bertanggung jawab terhadap lingkungan. Investasi ini tidak hanya                strengthened our sustainability credentials, but it has also prepared us to
  meningkatkan kredibilitas keberlanjutan kami, tetapi juga memposisikan kami     capitalize on the market's growing preference for green solutions.
  untuk memanfaatkan preferensi pasar yang semakin meningkat terhadap
  solusi ramah lingkungan.




  Kinerja Sosial | Social Performance
  Manajemen Sumber Daya Manusia memainkan peran penting dalam                     Human resources (HR) management plays a vital role in improving the quality
  meningkatkan kualitas karyawan dengan berfokus pada pelatihan                   of employees by focusing on continuous training, skills development and
  berkelanjutan, pengembangan keterampilan, dan peningkatan kinerja.              performance improvement. By putting employee well-being first through a
  Dengan memprioritaskan kesejahteraan karyawan melalui program                   well-managed Occupational Health and Safety (OHS) program, HR
  Kesehatan dan Keselamatan Kerja (K3) yang kuat, SDM memastikan                  management ensures a safe and healthy working environment. In addition,
  lingkungan kerja yang aman dan sehat. Selain itu, SDM secara aktif terlibat     HR management actively takes part in community development initiatives,
  dalam inisiatif pengembangan masyarakat, membina hubungan positif               fosters positive relationships with local communities, and supports a
  dengan masyarakat setempat, dan mendukung pertumbuhan berkelanjutan.            sustainable growth. By taking these measures, the Company has contributed
  Melalui upaya ini, Perseroan berkontribusi pada pengembangan holistik           to the holistic development of employees and the wider communities, which in
  karyawan dan masyarakat yang lebih luas, yang pada akhirnya mendorong           turn pave the way for organizational accomplishment and social responsibility.
  keberhasilan organisasi dan tanggung jawab sosial.


  Keterlibatan Karyawan | Employe Engagement
  Kami akan terus memberdayakan karyawan kami untuk menjadi bagian dari           We will continue to empower and treat employees as parts of our
  perjalanan keberlanjutan, dengan pelatihan dan inisiatif yang ditujukan untuk   sustainability journey, with a series of training programs and initiatives aimed
  mempromosikan keberlanjutan di setiap level organisasi.                         at promoting sustainability at every level of the organization.


  Keterlibatan karyawan berperan penting dalam membangun budaya                   Employee engagement plays an important role in the development of a
  organisasi yang positif dan menyelaraskan karyawan dengan tujuan strategis      positive organizational culture and in the alignment between employee-
  perusahaan. Dengan menciptakan lingkungan yang transparan dan inklusif,         oriented initiatives with the Company's strategic goals. By fostering a
  Perseroan bertujuan untuk meningkatkan kepuasan karyawan, meningkatkan          transparent and inclusive environment, the Company intends to increase the
  produktivitas, dan memperkuat komitmen kami terhadap perbaikan                  level of employee satisfaction, improve their productivity, and affirm our
  berkelanjutan.                                                                  commitment to continuous improvements.


  Perseroan telah mengadakan Annual Meeting : “Level Up! Shaping The              The Company held its Annual Meeting having the theme "Level Up! Shaping
  Future” pada tanggal 12-14 Desember 2024, sebagai representasi semangat         The Future" on December 12-14, 2024, to represent the spirit of the constant
  untuk selalu meningkat, tidak hanya dalam hal performa dan efisiensi, tetapi     improvement. The event is concerned not only with performance and
  juga dalam membangun kemampuan dan visi yang lebih luas. Melalui Annual         efficiency but also with a capacity building and a broader vision. It is expected
  Meeting ini, diharapkan seluruh karyawan akan menggali potensi karyawan         that the Annual Meeting will unlock employee potentials and seize new
  serta mengeksplorasi peluang baru yang dapat membawa kita pada                  opportunities that may lead us to further transformation. That is the moment
  transformasi lebih lanjut. Ini adalah momen untuk bersama-sama                  when we jointly make practical steps in improving product quality, expanding
  merumuskan langkah-langkah konkrit dalam meningkatkan kualitas produk,          business networks, and utilizing the latest technology to face future
  memperluas jaringan bisnis, dan memanfaatkan teknologi terbaru dalam            challenges.
  menghadapi tantangan di masa depan.




              Kinerja Ekonomi                      Kinerja Sosial                     Kinerja Lingkungan                 Indeks POJK & Standar GRI           11
           Economic Performance                  Social Performance               Environmental Performance              POJK Index & GRI Standard            2
Page 20
                                                                                                                               2024 Sustainability Report




Beberapa mata acara pada Annual Meeting 2024-2025 adalah :                          Some important agendas at the 2024-2025 Annual Meeting were as follows:
Ÿ    Pemaparan Spindo Corporate Objectives & Target 2024                            Ÿ   Presentation of Spindo Corporate Objectives & Targets 2024
Ÿ    Economic Outlook 2025 by Economic Expert (Fakhrul Fulvian)                     Ÿ   Economic Outlook 2025 by Economic Expert (Fakhrul Fulvian)
Ÿ    Motivational Talk (Paulus Bambang)                                             Ÿ   Motivational Talk (Paulus Bambang)
Ÿ    Presentasi per Pencapaian 2024 dan Program Kerja 2025 per Direktorat/          Ÿ   Presentation of 2024 Achievements and 2025 Work Program per
     Divisi                                                                             Directorate/ Division
Ÿ    Intimate Dinner SPINDO Cup                                                     Ÿ   SPINDO Cup Intimate Dinner




Pelatihan dan Pengembangan Kompetensi Karyawan | Employee Competency Training and Development
Pelatihan dan Pengembangan Kompetensi Karyawan berperan untuk                       The training and development programs of employee competence help
meningkatkan kualitas insan SPINDO. Tahun 2024, total investasi Perseroan           improve the quality of SPINDO employees. In 2024, the Company's total fund
untuk pelatihan dan pengembangan kompetensi karyawan mencapai                       for employee training and competency development reached IDR
Rp870.869.100 dengan total waktu yang digunakan adalah 6734 jam.                    870,869,100 with a total time spent of 6734 hours.


Biaya pelatihan dan pengembangan kompetensi karyawan tahun 2024                     The costs of training and developing employee competence in 2024 increased
meningkat pesat dibandingkan dengan tahun sebelumnya, karena banyaknya              rapidly compared to the 2023 figure, due partly to the many things that the
kebutuhan perusahaan dalam memenuhi regulasi dengan melakukan                       Company had to fulfill in terms of compliance with existing regulations. These
sertifikasi seperti pelaksanaan Pelatihan dan Sertifikasi Petugas Pemadam             included obtaining a number of certifications, such as Fire Officer Training and
Kebakaran atau sertifikasi yang terkait dengan kebutuhan K3 lainnya. Selain          Certification programs or other programs that were related to occupational
itu perusahaan juga memiliki fokus pengembangan di level direksi atau               safety and health (OSH/K3). The Company programs were also oriented
manajemen yaitu berupa pengembangan soft skill yang membutuhkan nilai               toward the professional development of members of the Board of Directors or
investasi lebih besar.                                                              Management, namely soft skill development that may require higher
                                                                                    implementation costs.



Keselamatan & Kesehatan Kerja (K3) | Occupational Safety and Health (OSH)
Perseroan selalu berkomitmen untuk menyediakan tempat kerja dan fasilitas           The Company has remained committed to providing safe and comfortable
yang aman dan nyaman bagi karyawan agar dapat bekerja dengan baik, selalu           workplace and facilities for employees in order that they can work
menjaga keselamatan dan terhindar dari kejadian berbahaya.                          productively, ensure personal and industrial safety, and prevent dangerous
                                                                                    incidents.
Perseroan berupaya semaksimal mungkin menerapkan K3 di area
operasional, sehingga diharapkan dapat mencegah terjadinya kecelakaan               The Company makes every effort to implement OSH measures in all
maupun kerugian akibat insiden yang terjadi. Rendahnya kecelakaan kerja dan         operational areas so as to prevent accidents and potential losses caused by
tingkat ketidakhadiran umumnya dihubungkan dengan tren positif dalam                incidents. Low accident and absenteeism rates are generally associated with
semangat dan produktivitas.                                                         positive trends in employee's morale and productivity.


Selama tahun 2024, Perseroan mencatat ada beberapa insiden yang dialami             During the year 2024, the Company recorded several incidents involving
karyawan dan pekerja lain. Total jumlah peristiwa kecelakaan kerja mencapai         employees and other workers. The total number of industrial accidents
95 kasus, namun Perseroan berhasil mencapai “zero fatality”.                        reached 95 cases, but the Company managed to achieve a "zero fatality".


Dalam usaha meminimalisir kecelakaan akan bahaya kebakaran, Perseroan               In an effort to minimize fire accidents, the Company continues to improve the
berupaya meningkatkan pengetahuan dan keterampilan yang dibutuhkan                  required knowledge and skills to handle fires professionally, as well as to raise
untuk menangani kebakaran secara profesional, serta dapat meningkatkan              safety standards and company performance in creating a safe working
standar keselamatan dan kinerja perusahaan dalam menjaga lingkungan kerja           environment.
yang aman.




12                       Tentang Kami                     Strategi Keberlanjutan                   Profil Perusahaan                   Tata Kelola Keberlanjutan
 2                         About Us                       Sustainability Strategy                  Company Profile                     Sustainability Governance
Page 21
Laporan Keberlanjutan 2024




  Sertifikasi kompetensi ini dapat memastikan bahwa setiap personil kebakaran      The certification of competency may entail that every fire personnel has the
  memiliki kemampuan dalam mengaplikasikan prosedur kebakaran secara              ability to apply fire procedures effectively. It also includes a greater familiarity
  efektif. Sertifikasi ini juga mencakup pemahaman tentang penggunaan alat         with the use of fire extinguishers, evacuation procedures, and fire
  pemadam api, prosedur evakuasi, serta penanganan kebakaran sesuai               management according to the scale and type of fire.
  dengan skala dan jenis kebakaran.



  Wadah Peningkatan Kesehatan Karyawan melalui SPINDO Cup | A Platform for Employee Health
  Improvement through the SPINDO Cup
  Sebagai wujud meningkatkan kesehatan seluruh insan SPINDO, tanggal 29           As part of the programs to improve SPINDO employee's health, the Company
  September 2024 dilaksanakan SPINDO CUP 2024 yang dibuka oleh Bp Tedja           held SPINDO CUP 2024 on September 29, 2024. The event was opened by
  S Hudianto selaku Wakil Direktur Utama. Penyelenggaraan lomba antar unit        Vice President Director Tedja S Hudianto. This inter-unit competition was
  ini diajukan oleh LKS Bipartit SPINDO kepada Manajemen PT SPINDO Tbk            proposed by LKS Bipartit SPINDO to the Management of PT SPINDO Tbk as a
  sebagai sarana untuk meningkatkan kesehatan karyawan, serta kekompakan          means of enhancing the general health and build a feeling of togetherness
  dan kebersamaan di antara karyawan.                                             among employees.


  Panitia SPINDO Cup 2024 melibatkan perwakilan dari berbagai unit, dengan        The SPINDO Cup 2024 committee involved representatives from various
  merancang konsep acara, menyusun jadwal pertandingan, serta menentukan          units, by designing the concept of event, arranging the match schedule, and
  cabang olahraga yang akan dilombakan, seperti futsal, voli, bulu tangkis, dan   determining sports to be contested, such as futsal, volleyball, badminton, and
  e-sports. Perseroan memberi dukungan untuk SPINDO Cup 2024 yang                 e-sports. The Company provided support for SPINDO Cup 2024, a sport
  diharapkan menjadi ajang kompetisi yang tidak hanya meningkatkan                event which was intended not merely to heighten a sense of sportsmanship,
  semangat sportivitas, tetapi juga memperkuat solidaritas di lingkungan kerja.   but more importantly to foster solidarity in the workplace.


  Pertandingan futsal, bulu tangkis, dan voli diselenggarakan di Kebraon Sport    Futsal, badminton and volleyball matches were held at Kebraon Sport Center,
  Center, Surabaya, sementara pertandingan e-sports berlangsung di Unit VI        Surabaya, while esports were organized in Unit VI of PT SPINDO Tbk, located
  PT SPINDO Tbk, yang berlokasi di Jalan Raya Cemengkalang Nomor 10,              at Jalan Raya Cemengkalang Number 10, Sidoarjo.
  Sidoarjo.




  Pengembangan Masyarakat | Community Development
  Komitmen perusahaan terhadap pengembangan masyarakat tidak hanya                The Company's commitment to community development is concerned not just
  terbatas pada kontribusi finansial—tetapi juga melibatkan partisipasi aktif      with making financial contributions but primarily with promoting active
  dalam membentuk masa depan masyarakat tempat Perseroan beroperasi.              participation in shaping the future of the communities where it operates.
  Program Tanggung Jawab Sosial Perusahaan (CSR) memainkan peran                  Corporate Social Responsibility (CSR) programs play a crucial role in driving
  penting dalam mendorong pertumbuhan lokal, mendukung keberlanjutan              local growth, supporting environmental sustainability, and addressing social
  lingkungan, dan mengatasi tantangan sosial. Melalui inisiatif seperti           challenges. The programs are manifested through a series of initiatives such
  menyediakan akses air bersih, perusahaan dapat memberikan dampak positif        as providing access to clean water so that the Company can positively impact
  bagi kehidupan banyak orang.                                                    the lives of the many.


  Pembangunan jaringan distribusi air bersih bertujuan untuk membantu warga       The construction of a clean water distribution network aims to help residents
  Desa Petungsinaran, Kecamatan Bandar, Kabupaten Pacitan yang kesulitan          of Petungsinaran Village, Bandar Subdistrict, Pacitan Regency (East Java)
  dalam memenuhi kebutuhan air bersih. Akses terhadap sumber air bersih           who have difficulty in fulfilling their clean water needs. Access to clean water
  sangat penting untuk meningkatkan kualitas hidup dan kesehatan masyarakat.      sources is very important to improve the quality of life and public health. The
  Perseroan berkolaborasi dengan Dinas Sumber Daya Air (SDA) dan Pekerjaan        Company worked with the Water Resources Office (SDA) and Public Works
  Umum dan Perumahan Rakyat (PUPR) Kabupaten Pacitan untuk menyediakan            and Public Housing (PUPR) of Pacitan Regency to build a 630-meter pipeline
  solusi infrastruktur berupa jaringan pipa sepanjang 630 meter.                  network as a real solution to the water shortage.




                 Kinerja Ekonomi                    Kinerja Sosial                    Kinerja Lingkungan                 Indeks POJK & Standar GRI              13
              Economic Performance                Social Performance              Environmental Performance              POJK Index & GRI Standard               2
Page 22
                                                                                                                                  2024 Sustainability Report




Dengan infrastruktur yang memadai, diharapkan kualitas hidup warga                   We hope that the proper water infrastructure helps improve residents' quality
meningkat, serta memberikan dampak positif bagi kesehatan dan                        of life and positively impacts on their health and productivity. The project is also
produktivitas mereka. Proyek ini juga menjadi wujud nyata kepedulian                 a sign of the Company's obvious concern for an inclusive and sustainable
Perseroan terhadap pembangunan yang inklusif dan berkelanjutan.                      development.


Perseroan juga membantu pelajar / mahasiswa untuk memperoleh                         Furthermore, the Company assists students with the acquisition of practical
keterampilan praktis dan wawasan berharga, menjembatani kesenjangan                  skills and valuable insights, bridging the gap between academic knowledge
antara pengetahuan akademis dan pekerjaan profesional. Hal ini juga                  and professional work. This policy may enlarge the talented labor pool in the
memperkuat kumpulan bakat di tenaga kerja lokal, sehingga mereka dapat               local workforce, so that they can make meaningful contributions to their
memberikan kontribusi yang berarti bagi masyarakat mereka.                           communities.


SPINDO menjalankan program Vokasi Industri dengan tujuan mendukung                   SPINDO organizes an Industrial Vocation program with the purpose of
masyarakat dalam mempersiapkan diri dalam menghadapi dunia kerja yang                supporting the community in preparing themselves to engage in real jobs. The
sesungguhnya. Penerapan program vokasi industri yang ada di SPINDO                   implementation of the industrial vocational program at SPINDO is twofold, i.e.
terbagi menjadi 2 (dua) yaitu Pemagangan Kerja dan Praktik Kerja Industri            Apprenticeship and Industrial Work Practices (Prakerin). The apprenticeship
(Prakerin). Program Magang ditujukan bagi fresh graduate atau para pencari           program is intended for fresh graduates or job seekers who do not have work
kerja yang belum memiliki pengalaman kerja, dengan syarat sudah lulus dari           experience, provided that they have finished their education, while the
pendidikan, sedangkan Program Praktek Kerja Industri (Prakerin) ditujukan            Industrial Work Practice is intended for current students or those who have not
bagi pelajar atau mahasiswa yang belum lulus. Program ini bertujuan untuk            graduated. This program is aimed at aligning industrial needs with vocational
menciptakan keselarasan antara kebutuhan industri dan pendidikan di                  education in senior high schools under the concept of link and match.
Sekolah Menengah Kejuruan (SMK) melalui konsep link and match.


Untuk mendukung program ini, Perseroan menyediakan fasilitas berupa                  In order to support the program, the Company offers a range of facilities
Training Center yang dirancang untuk memberikan pengalaman praktik                   including a Training Center that allows students to learn and gain hands-on
langsung bersama para Subject Matter Expert. Pusat pelatihan berlokasi di            practical experience from Subject Matter Experts. It is located at Spindo Unit 6,
Spindo Unit 6, Jalan Raya Cemengkalang No. 10, Sidoarjo.                             Jalan Raya Cemengkalang No. 10, Sidoarjo.



Kinerja Lingkungan | Environmental Performance
Teknologi adalah pendorong utama tujuan keberlanjutan kami. Kami berfokus            Technology is the principal driver for our sustainability goals. We focus our
pada pengintegrasian solusi terkini untuk meningkatkan efisiensi, mengurangi          efforts on the integration of cutting-edge solutions in order to increase
limbah, dan meningkatkan kualitas produk kami. Kami menyadari bahwa                  efficiency, reduce waste, and improve our product quality. We understand that
industri baja memiliki dampak lingkungan yang signifikan. Sasaran kami                steel industry has a significant environmental impact. Our goal is to minimize
adalah meminimalkan jejak ini melalui strategi berikut:                              the environmental footprint by adopting the following strategies:


Ekonomi Sirkular & Pengurangan Limbah | Circular Economy & Waste Reduction
Kami berkomitmen untuk memanfaatkan bahan baku utama yang sangat                     We are committed to making highly effective and efficient use of key raw
efektif dan efisien diperlukan untuk memastikan keberlanjutan maksimal.               materials to ensure maximum sustainability. Likewise, used raw materials are
Begitu pula dengan bahan baku bekas pakai yang kemudian dilebur kembali              then re-melted for utilization.
untuk dimanfaatkan.


Efisiensi Energi | Energy Efficiency
Dengan mengoptimalkan konsumsi energi di seluruh operasi kami dan                    By optimizing energy consumption across operations and investing in renewable
berinvestasi dalam sumber energi terbarukan, kami bertujuan untuk                    energy sources, we aim to reduce our carbon emissions by 10% in 2030. In
mengurangi emisi karbon kami sebesar 10% hingga tahun 2030. Pada tahun               2024, the Company's overall energy use for production reached 205,428.62 GJ,
2024, konsumsi energi keseluruhan untuk produksi mencapai 205.428,62 GJ,             resulting in an output of 313,968 tons. Compared to that in 2023,




14                       Tentang Kami                      Strategi Keberlanjutan                    Profil Perusahaan                     Tata Kelola Keberlanjutan
 2                         About Us                        Sustainability Strategy                   Company Profile                       Sustainability Governance
Page 23
Laporan Keberlanjutan 2024




  menghasilkan output sebesar 313.968 ton. Dibandingkan dengan tahun               the energy use per unit of production decreased by 0.79%, witnessing a
  2023, penggunaan energi per unit produksi mengalami penurunan sebesar            decline from 0.659 GJ/ton to 0.654 GJ/ton. The energy intensity in 2024 was
  0,79%, turun dari 0,659 GJ/Ton menjadi 0,654 GJ/Ton. Intensitas energi tahun     recorded at 0.654 GJ/ton.
  2024 tercatat sebesar 0,654 GJ/ton.


  Upaya penghematan konsumsi energi telah dilakukan dengan pemasangan              Energy-saving measures were implemented by installing solar cells intended
  sel surya sebagai energi listrik alternatif dan pemasangan mini cooling tower    for alternative electrical energy and installing mini cooling towers for energy
  sebagai efisiensi energi dan air. Pengelolaan efisiensi energi diukur dengan       and water efficiency. Our energy efficiency management is measured by Key
  Indikator Kinerja Utama serta Perseroan telah menetapkan Target Kinerja          Performance Indicators, and to that end the Company has set Sustainability
  Keberlanjutan. Pencapaian efisiensi energi tahun 2024 dengan peningkatan          Performance Targets. The energy efficiency, coupled with a capacity increase,
  kapasitas mencapai 206,8%; Kapasitas mencapai 1.994 kWp dengan                   reached 206.8% in 2024; the capacity reached 1,994 kWp with an estimated
  perkiraan pengurangan emisi karbon sebesar 2.498.183,4 kgCO₂eq.                  carbon emission reduction of 2,498,183.4 kg CO₂eq.


  Pencapaian tersebut merupakan wujud komitmen kami untuk menciptakan              The achievements demonstrate our commitment to offering solutions to
  solusi terhadap lingkungan dan mendorong batasan inovasi untuk                   ecological problems and pushing the boundaries of innovation to shape future
  membentuk kemungkinan di masa mendatang.                                         possibilities.



  Efisiensi Air | Water Efficiency

  Komitmen kami terhadap keberlanjutan juga mencakup konservasi air. Upaya         Our commitment to sustainability involves water conservation. The water-
  penghematan air antara lain : pemasangan alat pengukur penggunaan air di         saving policies include installation of water measurement devices (water
  seluruh fasilitas Perseroan, instalasi Water Treatment Plant untuk proses daur   meter) in all of the Company's facilities; installation of Water Treatment Plant
  ulang air, pembuatan sumur resapan dan lubang biopori di perkantoran dan         for water recycling; construction of infiltration wells and biopores holes in
  pabrik, pemanfaatan air hujan untuk sumber air baku, serta pemanfaatan air       offices and factories; use of rainwater for raw water sources; and use of
  bekas pakai untuk penyiraman jalan dan taman (area hijau).                       treated wastewater for road and park (green areas) watering.


  Sumber air Perseroan dari air tanah, air permukaan, dan perusahaan air minum     The Company's water supply is from groundwater, surface water, and local
  setempat (PDAM). Pada tahun 2024, perusahaan melaporkan total konsumsi           drinking water company (PDAM). In 2024, the Company reported a total
  air sebesar 136.386 m3, yang mencerminkan penurunan sebesar 0,25% dari           water consumption of 136,386 m3, showing a decrease of 0.25% from the
  penggunaan tahun 2023 sebesar 136.727 m3.                                        2023 use of 136,727 m3.




  Apresiasi Terkait Kepatuhan Terhadap Undang-Undang dan Peraturan Lingkungan Hidup | Appreciation Regarding Compliance
  with Environmental Laws and Regulations

  Dalam menjaga kinerja keberlanjutan, Manajemen selalu terbuka terhadap           In an effort to maintain the sustainability performance, the Management keeps
  adanya indikasi ketidaksesuaian antara aturan dan tindakan di dalam              their eyes open for any indication of discrepancies between actual practices
  operasional yang berkaitan dengan lingkungan. Sepanjang 2024, SPINDO             and existing rules concerning environmental performance. In 2024, SPINDO
  tidak pernah menerima laporan dan pengaduan dari masyarakat maupun pihak         did not receive reports or complaints from the public or authorities about
  berwenang terkait gangguan keanekaragaman hayati dan habitat di dalam            disturbances to biodiversity and habitat in water bodies or other matters
  badan air maupun hal-hal yang terkait dengan pengelolaan lingkungan lainnya.     relating to environmental management.


  Upaya Perseroan terkait kepatuhan terhadap Undang-Undang dan Peraturan           The Company policies on compliance with environmental laws and
  Lingkungan Hidup telah mendapat apresiasi dari pemerintah dengan                 regulations have received appreciation from the government and have thus
  memperoleh sertifikasi, antara lain : PROPER, ISO 14001:2015, dan Sertifikasi      been awarded a number of certifications, including PROPER, ISO
  Industri Hijau untuk Pipa Baja Non Otomotif.                                     14001:2015, and Green Industry Certification for Non-Automotive Steel Pipe.




               Kinerja Ekonomi                      Kinerja Sosial                     Kinerja Lingkungan                Indeks POJK & Standar GRI            15
            Economic Performance                  Social Performance               Environmental Performance             POJK Index & GRI Standard             2
Page 24
                                                                                                                                  2024 Sustainability Report




Tata Kelola Keberlanjutan | Sustainability Governance
Struktur tata kelola SPINDO terdiri dari 3 (tiga) Organ Perusahaan yaitu: Rapat      The governance structure of SPINDO consists of three Company Organs,
Umum Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi. RUPS                       namely General Meeting of Shareholders (GMS), Board of Commissioners, and
adalah forum pengambilan keputusan tertinggi bagi pemegang saham.                    Board of Directors. The GMS is the highest decision-making forum for
Direksi memiliki kewenangan penuh dalam membuat dan mengambil                        shareholders. The Board of Directors has a full authority to make and take
keputusan serta memastikan implementasi setiap kebijakan di bidang                   decisions and ensure the implementation of every policy on financial,
keuangan, lingkungan, dan sosial. Keseluruhan kebijakan akan dituangkan              environmental and social matters. The policies are specified in the annual work
dalam program kerja tahunan dan Key Performance Indicator (KPI) yang                 program and Key Performance Indicator (KPI) that are monitored and
diawasi dan ditinjau secara berkala. Dewan Komisaris sesuai dengan                   reviewed regularly. Pursuant to their authority, members of the Board of
kewenangannya akan memantau secara keseluruhan tingkat keberhasilan                  Commissioners monitor and assess the overall level of the Company's
kinerja Perusahaan. Selain itu, dalam mendukung kinerja di bidang keuangan,          performance. In addition, as part of the efforts to support performance in the
lingkungan, dan sosial, setiap komite melakukan fungsinya guna memastikan            financial, environmental and social aspects, committees at the Company will
program kerja dapat berjalan dengan baik dan sesuai tujuan.                          carry out their tasks and ensure that work programs run properly and
                                                                                     according to the aims and objectives.


SPINDO juga memiliki Divisi Internal Audit untuk pelaksanaan sistem                  SPINDO has an Internal Audit Division that is assigned the job of
pengendalian internal dan Komite Audit yang bersifat independen. Perseroan           implementing internal control system as well as an independent Audit
senantiasa menerapkan pengendalian internal dan melakukan pengawasan                 Committee. The Company ensures internal control and exercises supervision
secara efektif terhadap berbagai risiko pelanggaran. Sepanjang tahun 2024,           effectively against different risks of violations. During the year 2024, the
Perseroan menerima 1 (satu) laporan dugaan pelanggaran. Perseroan telah              Company received one report of alleged violation and accordingly conducted a
menindaklanjuti laporan dengan memberikan sanksi terhadap terlapor.                  follow-up action by sanctioning the reported party.




Apresiasi | Appreciation
Mewakili Direksi, saya memberikan penghargaan bagi seluruh karyawan                  On behalf of the Board of Directors, I would like to express my appreciation to
SPINDO dan seluruh pemangku kepentingan yang telah memberikan                        all SPINDO employees and stakeholders who have provided support in the
dukungan dalam pelaksanaan keberlanjutan Perseroan. Kami percaya bahwa               implementation of the Company's sustainability measures. We believe that
keberlanjutan adalah langkah yang tepat untuk membentuk masa depan.                  sustainability is the right step to shape the future.




                                                                      Jakarta, 18 April 2025

                                                                      Ibnu Susanto
                                                           Direktur Utama | President Director




16                       Tentang Kami                      Strategi Keberlanjutan                    Profil Perusahaan                        Tata Kelola Keberlanjutan
 2                         About Us                        Sustainability Strategy                   Company Profile                          Sustainability Governance
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           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   17
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard    3
Page 26
                                                                                                                      2024 Sustainability Report



Profil Perusahaan [C.2][C.3][C.4][102]
Company Profile




Nama Perusahaan [102-1]                                                         Company Name
PT Steel Pipe Industry of Indonesia Tbk [PT SPINDO Tbk]


Kegiatan Usaha & Produk yang Dihasilkan [C.4][102-2]                            Business Activities & Products
Kegiatan usaha perseroan adalah merancang dan mem-produksi                      The Company's business activities are designing and producing
berbagai macam produk pipa baja berdasarkan kategori, yang                      various steel pipe products related, made to fulfill orders and made
dibuat untuk memenuhi pesanan dan untuk persediaan, yang                        for supplies, which includes various types of pipes made of hot
meliputi produksi berbagai jenis pipa yang dibuat dari baja karbon              rolled, cold rolled, and stainless steel. The productions are mainly
hot rolled, cold rolled dan stainless steel. Hasil produksi pipa                applied for infrastructure, automotive, oil and gas, drinking water
Perseroan digunakan untuk industri infrastruktur, otomotif, minyak              pipes, and others.
dan gas, pipa air minum, dan lain-lain.


Tanggal Pendirian                                                               Date of Establishment
30 Januari 1971


Alamat Perusahaan [C.2][102-3]                                                  Company Address
Kantor Pusat SPINDO                                                             SPINDO Head Office
Jl. Kalibutuh No. 189 -191,                                                     Jl. Kalibutuh No. 189 -191,
Surabaya 60173, Jawa Timur, Indonesia                                           Surabaya 60173, East Java, Indonesia
p : +6231 532 0921, 531 6921,                                                   p : +6231 532 0921, 531 6921,
     +6231 532 0320, 535 3290,                                                    +6231 532 0320, 535 3290,
f : +6231 531 0712, 532 0290,                                                   f : +6231 531 0712, 532 0290,


Kantor SPINDO Jakarta                                                           SPINDO Jakarta Office
Gedung Baja, Lt. 7, Jl. Pangeran Jayakarta No. 55,                              Gedung Baja, Lt. 7, Jl. Pangeran Jayakarta No. 55,
Jakarta 10730, Indonesia                                                        Jakarta 10730, Indonesia
p : +6221 6231 3502                                                             p : +6221 6231 3502
f : +6221 624 0313                                                              f : +6221 624 0313


SPINDO Karawang (SKF)                                                           SPINDO Karawang (SKF)
Kawasan Industri Mitrakarawang (KIM), Jl. Mitra Raya No. II Blok F2,            Kawasan Industri Mitrakarawang (KIM), Jl. Mitra Raya No. II Blok F2,
Karawang 41363, Indonesia                                                       Karawang 41363, Indonesia
p : +6221 8911 5085, +62267 440 823                                             p : +6221 8911 5085, +62267 440 823
f : +62267 440 587                                                              f : +62267 440 587


Kantor Cabang SPINDO Semarang                                                   SPINDO Semarang Representative Office
Genius Idea @ Dafam Space Menara Suara Merdeka,                                 Genius Idea @ Dafam Space Menara Suara Merdeka,
Lt 11 - R9, Jl. Pandanaran No. 30, Pekunden,                                    Lt 11 - R9, Jl. Pandanaran No.30, Pekunden,
Kec. Semarang Tengah,                                                           Kec. Semarang Tengah,
Semarang, Jawa Tengah 50134, Indonesia                                          Semarang, Central Java 50134, Indonesia




18                     Tentang Kami                   Strategi Keberlanjutan                 Profil Perusahaan                Tata Kelola Keberlanjutan
 3                       About Us                     Sustainability Strategy                Company Profile                  Sustainability Governance
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  Kantor Cabang SPINDO Pekanbaru                                     SPINDO Pekanbaru Representative Office
  Graha Pena Riau Lt. 7 - R705,                                      Graha Pena Riau Lt. 7 - R705,
  Jalan HR. Soebrantas Panam Km. 10,5 Sidomulyo Barat,               Jalan HR. Soebrantas Panam Km. 10,5 Sidomulyo Barat,
  Tuah Karya, Kec. Tampan,                                           Tuah Karya, Kec. Tampan,
  Pekanbaru, Riau 28294, Indonesia                                   Pekanbaru, Riau 28294, Indonesia


  Jumlah dan Nama Negara Tempat Beroperasi [102-4]                   Number and Name of Country of Operation
  1 (satu), Indonesia.                                               1 (one), Indonesia.


  Kepemilikan [C.3][102-5]                                           Ownership
  Perseroan Terbuka                                                  Public Company


  Pasar yang Dilayani [C.4][102-6]                                   Market Served
  Perseroan saat ini melayani 95% pasar domestik, yaitu Indonesia.   The company currently serves 95% of the domestic market, namely
  5% produk Perseroan diekspor ke Kanada, Amerika Utara dan          Indonesia. 5% of the Company's products are exported to Canada,
  negara-negara lain.                                                North America and other countries.
  Perseroan melayani 4 sektor utama, yaitu :                         The company serves 4 main sectors, namely:
  z    Sektor Konstruksi, Infrastruktur dan Utilitas                 z     Construction, Infrastructure and Utilities
  z    Sektor Minyak Bumi dan Gas                                    z     Oil and Gas
  z    Sektor Otomotif                                               z     Automotive
  z    Sektor Perabot                                                z     Furniture


  Jumlah Pabrik [102-6]                                              Number of Manufactures
  3 pabrik di Surabaya                                               3 manufactures in Surabaya
  1 pabrik di Pasuruan                                               1 manufacture in Pasuruan
  1 pabrik di Karawang                                               1 manufacture in Karawang
  1 pabrik di Sidoarjo                                               1 manufacture in Sidoarjo


  Kode Saham                                                         Ticker Code
  ISSP


  Surat Elektronik                                                   Email
  marketing@spindo.co.id (marketing)
  corsec@spindo.co.id (corporate secretary & investor relations)


  Informasi bagi Investor                                            Information for Investor
  Situs                                                              Situs
  www.spindo.com


  Media Sosial                                                       Social Media




               Kinerja Ekonomi                  Kinerja Sosial           Kinerja Lingkungan             Indeks POJK & Standar GRI   19
            Economic Performance              Social Performance     Environmental Performance          POJK Index & GRI Standard    3
Page 28
                                                                                                                    2024 Sustainability Report



Komposisi Pemegang Saham
Composition of Shareholders



                                                                                                                 %
                                                                                    42,38
                                                                                    Masyarakat | Public




                                                                                                                     %
     55,94                    %
                                                                                                  1,68
                                                                                                  Saham Treasury | Treasury Stock
     PT Cakra Bhakti Para Putra


           Nama Pemegang Saham                        per 1 January 2024 [%]                                  per 31 December 2024 [%]
            Name of Shareholders                     As of January 1st, 2024 [%]                             As of December 31st, 2024 [%]

        PT Cakra Bhakti Para Putra                                  55,94%                                              55,94%

        Masyarakat | Public                                         42,38%                                              42,38%

        Saham Treasury | Treasury Stock                                  1,68%                                           1,68%




Daftar Pemegang Saham & Komposisi Kepemilikan | List of Shareholders & Percentage of Ownerships

                                                                2024                                             2023
Nama Pemegang                               Jumlah                         Persentase                   Jumlah                Persentase
                                                                                                                                                      Nominal Value IDR 100 per Share




Saham                                       Saham                          Kepemilikan                  Saham                 Kepemilikan
                                                                            Saham(%)                                           Saham(%)
Name of                                    Number of                      Percentage of              Number of               Percentage of
Shareholders                                Shares                        Ownership (%)               Shares                 Ownership (%)

PT Cakra Bhakti Para Putra                4.020.063.930                      55,94%                4.020.063.930                  55,94%

Masyarakat | Public                       3.045.276.805                      42,38%                3.045.276.805                  42,38%

Saham Treasury | Treasury Stock            120.651.300                        1,68%                  120.651.300                    1,68%

Total Saham Keseluruhan |                 7.185.992.035                          100%              7.185.992.035                    100%
Total Overall Shares


20                    Tentang Kami             Strategi Keberlanjutan                     Profil Perusahaan                Tata Kelola Keberlanjutan
 3                      About Us               Sustainability Strategy                    Company Profile                  Sustainability Governance
Page 29
Laporan Keberlanjutan 2024




  Jenis Kepemilikan Saham | Type of Shareholder
  Nama                                                              Jumlah Pemegang Saham                    Jumlah Saham                        Persentase
  Name                                                                Number of Shareholder                 Number of Shares                     Percentage

  Institusi Lokal | Local Institutions *                                         29                          4.051.726.102                          61,18%

  Institusi Asing | Foreign Institutions                                         26                            885.855.203                          13,38%

  Individu Lokal | Local Individuals                                          7.839                          1.681.433.689                          25,39%

  Individu Asing | Foreign Individuals                                           23                              3.548.800                           0,05%

  TOTAL                                                                       7.917                          6.622.563.794                        100,00%

  *termasuk CBPP | including CBPP


  Kelompok Pemegang Saham | Categories of Shareholder
  Status Kepemilikan                                                Jumlah Pemegang Saham                    Jumlah Saham                        Persentase
  Ownership                                                           Number of Shareholder                 Number of Shares                     Percentage

  PEMODAL NASIONAL | LOCAL INVESTORS
  Individu Lokal | Local Individuals                                          7.839                          1.681.433.689                          77,30%
  Institusi (Broker) | Institutions (Broker)                                       4                            31.662.202                           146%
  Koperasi | Cooperative                                                           0                                       0                         0,00%
  Dana Pensiun | Pension Funds                                                     0                                       0                         0,00%
  Asuransi | Insurance                                                             2                             7.350.000                           0,34%
  Perseroan Terbatas | Company                                                   19                            142.765.291                           6,56%
  Badan Usaha Tetap Khusus Non Tax |                                               0                                       0                         0,00%
   Non Tax Permanent Establishment
  Reksadana | Mutual Funds                                                         3                            19.959.900                           0,92%
  TOTAL PEMODAL NASIONAL | TOTAL LOCAL INVESTORS                              7.867                          1.883.171.082                          86,57%
  PEMODAL ASING | FOREIGN INVESTORS
  Individu Asing | Foreign Individuals                                           10                              1.248.900                           0,04%
  Individu Asing - KITAS | Foreign Individuals - Limited Stay Permit Card 13                                     2.299.900                           0,08%
  Badan Usaha Asing | Foreign Corporation                                        26                            885.855.203                          29,14%
  Tax Treaty                                                                     19                            266.916.270                           8,78%
  TOTAL PEMODAL ASING | TOTAL FOREIGN INVESTORS                                  68                          1.156.320.273                          13,43%
  TOTAL                                                                       7.935                          3.039.491.355                           100%



  Kepemilikan Saham Anggota Dewan Komisaris & Direksi |
  Share Ownership of The Board of Commissioners & Board of Directors

  Per 31 Desember 2024, tidak ada anggota Dewan Komisaris dan                   As of December 31, 2024, there is no member of the Board of
  Direksi yang memiliki saham publik Perseroan baik secara langsung             Commissioners and Board of Directors has a public share of the Company
  maupun tidak langsung, kecuali Bapak Nico Gunawan sebagai                     either directly or indirectly, except for Mr. Nico Gunawan as a member of
  anggota direksi yang memiliki sekitar 3.800 lembar dari jumlah modal          the Board of Directors who owns shares amounting 3,800 shares of the
  dasar yang sah, diterbitkan dan disetor penuh oleh Perseroan.                 total issued and fully paid authorized capital of the Company.



              Kinerja Ekonomi                    Kinerja Sosial                     Kinerja Lingkungan               Indeks POJK & Standar GRI            21
           Economic Performance                Social Performance               Environmental Performance            POJK Index & GRI Standard             3
Page 30
                                                                                                                2024 Sustainability Report




Perjanjian Pajak Luar Negeri | Foreign Tax Treaty

Negara                                                                         Jumlah Pemegang Saham                        Jumlah Saham
Country                                                                          Number of Shareholder                     Number of Shares

Kanada | Canada                                                                                1                                      426.800
Finlandia | FInland                                                                            1                                 67.000.000
Jepang | Japan                                                                                 2                               133.174.930
Singapura | Singapore                                                                          1                                 25.891.170
Swiss | Switzerland                                                                            2                                   1.402.339
Inggris Raya | United Kingdom                                                                  1                                      310.000
Amerika Serikat | United States of America                                                   19                                  38.711.031



Grup & Struktur Kepemilikan Saham | Group & Shareholding Structure

                                       PT Cakra Bhakti                        Pemegang Saham Publik
                                         Para Putra                             Public Shareholders*


                                     55,94%                                                        44,06%



                         90%                                 50%                                              20%
                          PT SPINDO                          PT Sanko Steel
                                                                                                    PT Poses
                      Engineering Industry                     Indonesia



*Pemegang Saham Publik | Public Shareholders
                                                                                  2024                              2023
Nama Pemegang                                                            Jumlah           Persentase            Jumlah              Persentase
Saham                                                                    Saham            Kepemilikan           Saham               Kepemilikan
                                                                                           Saham(%)                                  Saham(%)
Name of                                                                Number of         Percentage of         Number of          Percentage of
Shareholders                                                            Shares           Ownership (%)          Shares            Ownership (%)

Pemberton Asia Opportunities Fund                                        500,000,000           6.96%            500,000,000                      6.96%

Saham Warkat (masyarakat) | Script Share (public)                        126,436,750           1.76%            126,436,750                      1.76%

Saham Non Warkat (masyarakat) | Scriptless Share (public)             2,418,840,055           33.66%           2,418,840,055                33.66%

Saham Treasury | Treasury Share                                          120,651,300           1.68%            120,651,300                      1.68%

Total Saham | Total Shares                                            7,185,992,035         100.00%            7,185,992,035              100.00%



22                    Tentang Kami                  Strategi Keberlanjutan                 Profil Perusahaan          Tata Kelola Keberlanjutan
 3                      About Us                    Sustainability Strategy                Company Profile            Sustainability Governance
Page 31
Laporan Keberlanjutan 2024




  Entitas Anak & Perusahaan Asosiasi | Subsidiaries & Associate Companies

  Entitas Anak                                                 Perusahaan Asosiasi
  Subsidiaries                                                 Associate Companies

  PT SPINDO ENGINEERING INDUSTRY                               PT SANKO STEEL INDONESIA
  Jl. Kalibutuh No. 189-191, Surabaya 60173, Jawa Timur        Jl. Millenium Raya Blok I-2 No. 7, Cikupa, Tigaraksa, Tangerang,
  p : +6231 532 0320                                           Banten
  f : +6231 531 0712                                           p : +6221 626 0456
                                                               f : +6221 624 0313
  Perdagangan, perindustrian &       Trading, industrial and
  jasa, 90% kepemilikan oleh         services, 90% owned by    Industri suku cadang dan           Spare parts and accessories for
  SPINDO.                            SPINDO.                   aksesori kendaraan bermotor,       motorized vehicle industries,
                                                               50% kepemilikan oleh SPINDO.       50% owned by SPINDO.


                                                               PT POSES
                                                               Jl. SA Tirtayasa No. 7, Rukan Mega Cilegon Blok A,
                                                               Rawanuju, Purwakarta, Cilegon, Banten.

                                                               Perdagangan besar dan jasa         Large scale trading and after-
                                                               purna jual, 20% kepemilikan oleh sales service, 20% owned by
                                                               SPINDO.                            SPINDO.
                                                               Perusahaan sudah tidak             The company is no longer in
                                                               beroperasi.                        operation.




             Kinerja Ekonomi               Kinerja Sosial          Kinerja Lingkungan          Indeks POJK & Standar GRI           23
          Economic Performance           Social Performance    Environmental Performance       POJK Index & GRI Standard            3
Page 32
                                                                                                                        2024 Sustainability Report




Bidang Usaha, Produk dan Jasa [C.4][102-6]
Business Lines, Products and Services


Bidang Usaha | Business Lines

Kegiatan usaha Perseroan adalah merancang dan memproduksi                       The Company's business activities involve designing and producing
bebagai macam produk pipa baja berdasarkan kategori, baik standar               various types of steel pipes, categorized either as standard or
maupun yang dibuat berdasarkan pesananan yang dikostumisasi                     customized according to customer specifications. The production
sesuai dengan spesifikasi pelanggan. Produksi yang dilakukan                     includes a wide range of pipes made from hot-rolled carbon steel,
meliputi berbagai jenis pipa yang dibuat dari karbon hot rolled, cold           cold-rolled steel, and stainless steel. The pipes produced by the
rolled dan stainless steel. Hasil produksi pipa Perseroan digunakan             Company are used in various industries such as infrastructure,
untuk berbagai industri seperti industri infrastruktur, otomotif, minyak        automotive, oil and gas, drinking water pipes, and others. In addition
dan gas, pipa air minum, dan lain sebagainya. Selain memproduksi                to producing various types of pipes for diverse industries, the
berbagai macam produk pipa untuk beragam industri, Perseroan juga               Company also provides internal and external coating and protection
menyediakan jasa layanan pelapisan (coating dan protection) internal            services.
dan eksternal.


Untuk pangsa pasar domestik, Perseroan telah menjajaki pasar ritel              For the domestic market, the Company has tapped into both retail and
dan proyek, dimana keduanya berkontribusi setara 90% bagi                       project markets, with each contributing equally to 90% of the
pendapatan Perseroan. Sementara pasar global menyasar kawasan                   Company's revenue. Meanwhile, the global market focuses on North
Amerika Utara - Kanada, dan Australia. Untuk Asia Perseroan                     America—Canada—and Australia. In Asia, the Company targets
menyasar pasar Vietnam, Malaysia, dan Timor Leste.                              markets in Vietnam, Malaysia, and Timor-Leste.




Produk | Products
Produk- produk yang dihasilkan SPINDO adalah:                                   The products manufactured by SPINDO are:


Pipa Struktural                                                                 Structural Pipes
ERW: Pipa baja ERW SPINDO telah digunakan pada beberapa                         ERW steel pipe is used in numerous bridge construction projects and
proyek jembatan, proyek konstruksi terutama untuk bangunan                      other construction projects mainly for wide-span structure: airport,
bentang lebar: bandara, stadion, aula, dll, serta aplikasi struktural           stadium, hall and more as well as structural application of building
selubung bangunan. Perseroan telah melayani ragam proyek, mulai                 envelopes. The Company has served a variety of projects from the
dari proyek konstruksi raksasa milik pemerintah dan proyek luar                 Government’s mega construction projects and overseas projects to
negeri hingga proyek-proyek swasta lokal dengan kontraktor umum.                local private projects with general contractors.


SSAW: Pipa baja SSAW SPINDO sangat ideal untuk digunakan pada                   SSAW steel pipe is very ideal to be used in various structural
berbagai aplikasi struktural, seperti pekerjaan pondasi (tiang                  applications, such as foundation work (piles SNI 8052:2014, ASTM A
pancang SNI 8052:2014, ASTM A 252) dan di dermaga, jembatan                     252) and in piers, bridges and project building construction.
dan konstruksi bangunan proyek. Pipa baja SPINDO sangat                         SPINDO’s steel pipe is very useful as an alternative construction
bermanfaat sebagai bahan alternatif konstruksi karena proses                    material due to the accurate manufacturing process of the spiral pipe
manufaktur pembentukan pipa spiral yang akurat membuat produk                   that makes it easy to use, combined with high quality welding and
yang mudah digunakan, serta dikombinasikan dengan pengelasan                    product quality control to ensure reliability.
berkualitas tinggi dan uji produk untuk memastikan keandalan.




24                     Tentang Kami                   Strategi Keberlanjutan                  Profil Perusahaan                   Tata Kelola Keberlanjutan
 3                       About Us                     Sustainability Strategy                 Company Profile                     Sustainability Governance
Page 33
Laporan Keberlanjutan 2024




  Pipa Air                                                                Water Pipes
  ERW: Pipa Baja SPINDO memenuhi berbagai standar kelayakan               ERW: ERW: SPINDO Steel Pipe meets various eligibility standards for
  penggunaannya sebagai pipa air, salah satunya adalah SNI 0039.          its use as water pipes, such as SNI 0039. The pipes coating process
  Pipa Air ERW SPINDO melalui proses pelapisan yang telah teruji          which has been well tested enables SPINDO to produce the best
  supaya dapat menyediakan produk dengan kualitas terbaik.                quality product. These steel pipes are mostly used for water
  Penggunaan pipa baja ini terutama untuk jaringan pipa air transmisi,    transmission pipeline, water treatment plant, wastewater treatment
  pabrik pengolahan air, pabrik pengolahan air limbah, fasilitas          plant, hydropower facilities and water circulation system in buildings.
  penggunaan tenaga air, dan sistem sirkulasi air pada bangunan. Pipa     This particular product has acquired UL 852 and FM 1630
  Air ERW SPINDO juga telah mendapatkan sertifikasi UL 852 dan FM          certifications which are conventionally used abroad for fire
  1630, dimana sertifikasi ini biasa dipakai di luar negeri untuk pipa     extinguisher systems.
  pemadam kebakaran.


  SSAW: Pipa air SSAW SPINDO digunakan untuk distribusi air               SSAW: SPINDO SSAW water pipe is used for water distribution
  dengan diameter besar, seperti pada terowongan air, pabrik              systems with large diameters, such as water tunnel systems, water
  pengolahan air, pabrik pengolahan air limbah, dan sebagainya. Pada      treatment plants, wastewater treatment plants, etc. This pipe variant
  pipa jenis ini terdapat beberapa lapisan pada bagian dalam dan luar     has several layers of coating both on the inner and outer surface of the
  pipa, seperti cement mortar lining dan internal epoxy coating pada      pipe such as cement mortar lining and internal epoxy coating on the
  bagian dalam pipa. Untuk lapisan luar terdapat lapisan three-layer      inner part of the pipe. The outer layer consists of three-layer
  polyethylene dan juga external epoxy coating.                           polyethylene and an external epoxy coating.



  Pipa Oil & Gas                                                          Oil & Gas Pipes
  ERW: SPINDO merupakan salah satu supplier pipa ERW untuk                ERW: SPINDO one of the suppliers of API 5L certified ERW pipes for
  minyak dan gas, dengan sertifikasi API 5L. Pipa ERW kami tersedia        the oil and gas industry. ERW pipes are available in various grades,
  dalam berbagai grade, ketebalan, dan diameter pipa sesuai               thicknesses and diameters to accommodate the customers’ needs.
  kebutuhan pelanggan. Proses produksi pipa ERW menggunakan               Our ERW pipes production process utilizes high-quality materials, a
  material berkualitas tinggi, pengecoran terus menerus, proses kontrol   continuous casting process, roll control process, fine-grain, low
  rol, fine grain, serta baja karbon rendah yang sesuai dengan             carbon steel that has met the required standards of API 5L.
  persyaratan standar API 5L.


  SSAW: SPINDO memproduksi pipa SSAW berkualitas tinggi                   SSAW: SPINDO produces high quality large diameter SSAW pipe for
  berdiameter besar untuk industri minyak dan gas. Manufaktur kami        the oil and gas industry. Our manufacturer utilizes the production
  menggunakan proses produksi berteknologi terkini dan otomatisasi        process of the latest technology and automation process as the
  sebagai langkah maju terdepan. Berbagai ukuran, kapasitas yang          leading strategic step. Various sizes, adequate
  memadai, kemampuan proses pelapisan pipa, dan lokasi strategis          capacity, surface coating ability and strategic locations are our
  menjadi keunggulan kami dalam meraih pasar Indonesia.                   primary strengths in capturing Indonesian market.



  Pipa Stainless Steel                                                    Stainless Steel Tubes & Pipes
  Pipa Industri: Pipa stainless steel SPINDO memiliki ketahanan yang      Industrial Pipes: SPINDO stainless steel pipes have extremely well
  sangat baik terhadap korosi, tahan panas, serta telah digunakan         durability against corrosion and heat. It has been used as raw
  sebagai bahan baku yang dapat menahan lingkungan yang korosif           materials that can withstand corrosive environments such as
  seperti industri kimia.                                                 chemical industries.




              Kinerja Ekonomi                  Kinerja Sosial                 Kinerja Lingkungan            Indeks POJK & Standar GRI         25
           Economic Performance              Social Performance           Environmental Performance         POJK Index & GRI Standard          3
Page 34
                                                                                                                      2024 Sustainability Report




Pipa Ornamen: Ornamental Tubes SPINDO banyak digunakan untuk                   Ornamental Tubes: Because of their strength and resistance to
berbagai peralatan sehari-hari karena sangat awet dan mampu                    corrosion, SPINDO ornamental tubes are extensively utilized for a
menahan korosi. Pipa ini tahan karat, bahkan apabila elemennya tak             range of common appliances. These tubes withstand heat, rust even
terlindungi, tahan panas, dan kondisi ekstrim lainnya.                         in exposed environments, and other harsh situations with durability.



Pipa Galvanis                                                                  Galvanized Pipes
Pipa GI merupakan pipa yang terbuat dari baja dan dilapisi oleh                Galvanized Pipes are made of steel and dipped in a protective zinc
pelindung yang terbuat dari bahan seng. Lapisan tersebut ditujukan             coating to prevent corrosion and make it durable. Other than that,
untuk melindungi baja dari korosi sehingga penggunaannya lebih                 solid steel construction renders galvanized pipes durable and long-
awet. Selain itu, konstruksi baja yang kuat membuat Pipa GI tahan              lasting.
terhadap beban berat dan juga tahan lama.
                                                                               Galvanized iron pipes/SPINDO GI Pipes are mostly installed as ceiling
Pipa besi galvanis/pipa GI SPINDO sebagian besar diaplikasi-kan                frames/ceiling, frames in partition walls, canopies, fences, gates,
sebagai rangka langit-langit/plafon, rangka partisi dinding, kanopi,           electrical/telecommunication cable lines. SPINDO pipes are flexibly
pagar, gerbang, saluran kabel listrik dan telekomunikasi. Pipa                 produced according to the customized or standard specifications.
SPINDO secara fleksibel diproduksi sesuai spesifikasi standar atau
custom.



Pipa Perabot                                                                   Furniture Tubes
Pipa perabot / furnitur merupakan salah satu varian dari pipa baja             Furniture tubes are a type of black steel tubes (black tube). This black
hitam (pipa hitam). Berbagai produk furnitur fabrikasi dari varian pipa        tube variation is used to build a variety of furniture products, including
hitam yang satu ini, beberapa di antaranya adalah rangka meja atau             table or chair frames, beds, shelves or cupboards, and so on.
kursi, ranjang, dan rak atau lemari, dsb.



Pipa Mekanis                                                                   Mechanical Pipes
SPINDO memproduksi pipa mekanis dengan kualitas terbaik yang                   Mechanical Pipes: SPINDO produces the best quality mechanical
dapat diaplikasikan untuk bermacam-macam kegunaan, seperti                     pipes that can be applied for various purposes such as furniture
bahan furnitur, struktur rangka bus, rangka sepeda, sparepart                  material, bus frame structure, bicycle frame, automotive spare parts
otomotif dan juga beberapa bagian kendaraan bermotor. Pipa                     as well as several parts of motorized vehicles. SPINDO mechanical
Mekanis SPINDO telah melewati serangkaian tahap pemeriksaan                    pipes have gone through a series of inspection and testing phases in
dan pengujian sehingga menghasilkan pipa mekanis dengan kualitas               order to produce the best quality Mechanical Pipes.
terbaik.



Tiang                                                                          Steel Poles
Tiang Telekomunikasi: Tiang telekomunikasi SPINDO dirancang                    Telecommunication poles: SPINDO telecommunication poles are
untuk memenuhi berbagai permintaan pelanggan. Tiang baja                       designed to meet the various demands of the customers. Steel poles
memiliki keunggulan lebih ringan dibandingkan tiang beton, serta               are lighter compared to concrete ones and easy to maintain.
mudah untuk pemeliharaan.




26                     Tentang Kami                  Strategi Keberlanjutan                  Profil Perusahaan                Tata Kelola Keberlanjutan
 3                       About Us                    Sustainability Strategy                 Company Profile                  Sustainability Governance
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Laporan Keberlanjutan 2024




  Tiang listrik: Tiang listrik SPINDO tersedia dalam berbagai macam    Electric poles: SPINDO electric poles are available in various sizes and
  ukuran dan tipe untuk berbagai kebutuhan tegangan. Sebagai           variants according to the voltage requirements. As an equipment for
  peralatan untuk mendistribusikan listrik, tiang baja menawarkan      electricity distribution, steel poles offer cost-efficient alternatives
  alternatif hemat biaya dibanding material yang lain.                 compared to other materials.


  Tiang Penerangan: Penerangan jalan raya yang efisien                  Light Poles: Efficient street lighting requires safety, economic and
  membutuhkan aspek keamanan, ekonomis dan perawatan yang              easy maintenance aspects. SPINDO poles meet all the design
  mudah. Tiang SPINDO memenuhi persyaratan desain sesuai dengan        requirements according to the existing structure and contemporary
  struktur yang ada, serta desain yang kontemporer.                    design.


  Jasa | Services

  Pelapisan Internal & Eksternal | Internal & External Coating
  Kemampuan Pelapisan:                                                 Coating Capability:

  Pelapisan Internal                                                   Internal Coating
  Epoxy Coating                                                        Epoxy Coating
  Ÿ Diameter : 4-82 inci                                               Ÿ Diameter : 4-82 inch
  Ÿ Kapasitas : 500.000 m²/tahun                                       Ÿ Capacity : 500,000 sqm/year

  Internal Cement Lining                                               Internal Cement Lining
  Ÿ Diameter : 8-80 inci                                               Ÿ Diameter : 8-80 inch
  Ÿ Kapasitas : 250.000 m²/tahun                                       Ÿ Capacity : 250,000 sqm/year

   Pelapisan Internal | Internal Coating
   Ÿ   AWWA C210 : Liquid-Epoxy Coating Systems for the Interior and Exterior of Steel Water Pipelines
   Ÿ   API RP5L2 : Recommended Practice for Internal Coating of Line Pipe for Non-Corrosive Gas Transmission Service
   Ÿ   AWWA C205 : Cement-Mortar Protective Lining and Coating for Steel Water Pipe – 4 inch and Larger – Shop Applied
   Ÿ   SSPC-SP10/NACE NO.2 : Near-White Blast Cleaning
   Ÿ   SSPC-SP1 : Solvent Cleaning
   Ÿ   SSPC-PA2 : Measurement of Dry Paint Thickness with Magnetic Gages
   Ÿ   ASTM D4417 : Standard Test Method for Field Measurement of Surface Profile of Blast Cleaned Steel
   Ÿ   ISO 8501-1 : Rust Grades and Preparation Grades of Uncoated Steel Substrates and of Steel Substrates After Overall Removal of
       Previous Coatings
   Ÿ   ASTM D3559 : Standard Test Method for Measuring Adhesion by Tape Test


  Pelapisan Eksternal                                                  External Coating
  Epoxy Coating                                                        Epoxy Coating
  Ÿ Diameter : 4-110 inci                                              Ÿ Diameter : 4-110 inch
  Ÿ Kapasitas : 750.000 m²/tahun                                       Ÿ Capacity : 750,000 sqm/year

  Fusion Bonded Epoxy                                                  Fusion Bonded Epoxy
  Ÿ Diameter : 4-64 inci                                               Ÿ Diameter : 4-64 inch
  Ÿ Kapasitas : 900.000 m²/tahun                                       Ÿ Capacity : 900,000 sqm/year

  3 LPE / 3 LPP                                                        3 LPE / 3 LPP
  Ÿ Diameter : 4-64 inci                                               Ÿ Diameter : 4-64 inch
  Ÿ Kapasitas : 900.000 m²/tahun                                       Ÿ Capacity : 900,000 sqm/year

  Proses Coating dan Proteksi yang kami lakukan mengacu pada           Our Coating and Protection Processes refer to the international
  standar internasional.                                               standard.

             Kinerja Ekonomi                    Kinerja Sosial             Kinerja Lingkungan            Indeks POJK & Standar GRI         27
          Economic Performance                Social Performance       Environmental Performance         POJK Index & GRI Standard          3
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                                                                                                                         2024 Sustainability Report




 Pelapisan Eksternal | External Coating
 Ÿ      AWWA C210 : Liquid-Epoxy Coating Systems for the Interior and Exterior of Steel Water Pipelines
 Ÿ      CAN/CSA Z245.20 : Plant-Applied External Fusion Bond Epoxy Coating for Steel Pipe
 Ÿ      CAN/CSA Z245.21 : Plant-Applied External Polyethylene Coating for Steel Pipe
 Ÿ      ISO 12944 : Paints and varnishes - Corrosion Protection of Steel Structures by Protective Paint Systems
 Ÿ      SSPC-SP10/NACE NO.2 : Near-White Blast Cleaning
 Ÿ      SSPC-SP1 : Solvent Cleaning
 Ÿ      SSPC-PA2 : Measurement of Dry Paint Thickness with Magnetic Gages
 Ÿ      ASTM D4417 : Standard Test Method for Field Measurement of Surface Profile of Blast Cleaned Steel
 Ÿ      ISO 8501-1 : Rust Grades and Preparation Grades of Uncoated Steel Substrates and of Steel Substrates After Overall Removal of
        Previous Coatings
 Ÿ      ASTM D3559 : Standard Test Method for Measuring Adhesion by Tape Test
 Ÿ      ASTM D4541 : Standard Test Method for Pull-Off Strength of Coatings Using Portable Adhesion Testers



Hot Dip Galvanis (SNI 7033:2020) | Hot Dip Galvanize (SNI 7033:2020)
Diameter                : Maksimum 36 inci                                     Diameter                   : 36 inch Maximum
Kapasitas               : 36.000 ton/tahun                                     Capacity                   : 36,000 ton/year


Potong Plat | Shearing
Tebal                   : 0,50 mm - 12,00 mm                                   Thickness                  : 0.50 mm - 12.00 mm
Diameter Luar Coil      : Maksimum 2,2 m                                       Coil Outside Diameter : 2.2 m Maximum
Diameter Dalam Coil : 508 mm - 762 mm                                          Coil Inside Diameter       : 508 mm - 762 mm
Lebar Coil              : 540 mm - 2.000 mm                                    Coil Width                 : 540 mm - 2,000 mm
Berat Coil              : Maksimum 25 ton                                      Coil Weight                : 25 ton Maximum
Panjang                 : 500 mm - 12 m                                        Length                     : 500 mm - 12 m



Potong Plat Stainless Steel | Stainless Steel Shearing
Tebal                   : 0,50 mm - 10,00 mm                                   Thickness                  : 0.50 mm - 10.00 mm
Diameter Luar Coil      : Maksimum 2,2 m                                       Coil Outside Diameter      : 2.2 m Maximum
Diameter Dalam Coil     : 508 mm - 762 mm                                      Coil Inside Diameter       : 508 mm - 762 mm
Lebar Coil              : 540 mm - 2.000 mm                                    Coil Width                 : 540 mm - 2,000 mm
Berat Coil              : Maksimum 25 ton                                      Coil Weight                : 25 ton Maximum
Panjang                 : 500 mm - 12 m                                        Length                     : 500 mm - 12 m



Slitting | Slitting
Tebal                       : 0,25 mm - 12,00 mm                               Thickness                        : 0.25 mm - 12.00 mm
Diameter Luar Coil          : Maksimum 2,2 m                                   Coil Outside Diameter            : Maximum 2.2 m
Diameter Dalam Coil         : 508 mm - 762 mm                                  Coil Inside Diameter             : 508 mm - 762 mm
Lebar Coil                  : 500 mm - 1.600 mm                                Coil Width                       : 500 mm - 1,600 mm
Berat Coil                  : Maksimum 25 ton                                  Coil Weight                      : 25 ton Maximum
Lebar Strip                 : Minimum 22 mm                                    Strip Width                      : 22 mm Minimum
Diameter Dalam Strip        : Minimum 508 mm                                   Recoiler Inside Diameter : 508 mm Minimum




28                      Tentang Kami                 Strategi Keberlanjutan                  Profil Perusahaan                     Tata Kelola Keberlanjutan
 3                        About Us                   Sustainability Strategy                 Company Profile                       Sustainability Governance
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  Slitting Stainless Steel | Stainless Steel Slitting
  Tebal                           : 0,50 mm - 8,00 mm                                                                         Thickness                                   : 0.50 mm - 8.00 mm
  Diameter Luar Coil              : Maksimum 2,2 m                                                                            Coil Outside Diameter                       : Maximum 2.2 m
  Diameter Dalam Coil             : 508 mm - 762 mm                                                                           Coil Inside Diameter                        : 508 mm - 762 mm
  Lebar Coil                      : 500 mm - 1.600 mm                                                                         Coil Width                                  : 500 mm - 1,600 mm
  Berat Coil                      : Maksimum 25 ton                                                                           Coil Weight                                 : 25 ton Maximum
  Lebar Strip                     : Minimum 22 mm                                                                             Strip Width                                 : 22 mm Minimum
  Diameter Dalam Strip            : Minimum 508 mm                                                                            Recoiler Inside Diameter : 508 mm Minimum


  Roll Grooving | Roll Grooving
  Diameter                        : ⁄ inci - 8 inci                                                                           Diameter                                    : ⁄ inch - 8 inch
  Tebal                           : 2,00 mm - 8,20 mm                                                                         Thickness                                   : 2.00 mm - 8.20 mm



  Potong Laser | Laser Profile Cut
  Diameter                        : pipa bulat 20 mm - 236 mm                                                                 Diameter                                    : round pipe 20 mm - 236 mm
                                   pipa kotak & persegi                                                                                                                    square & rectangular pipe
                                   20 mm x 20 mm - 100 mm x 100 mm                                                                                                         20 mm x 20 mm - 100 mm x 100 mm
  Tebal                           : Maksimum 8,00 mm                                                                          Thickness                                   : 8.00 mm Maximum


  Swaging | Swaging
  Diameter                        : 1 inci - 2 inci                                                                           Diameter                                    : 1 inch - 2 inch
  Tebal                           : 1,65 mm - 2,00 mm                                                                         Thickness                                   : 1.65 mm - 2.00 mm



  Expand | Expand
  Diameter Pipa                   : ERW | HFW : 2”, 4”, 6”, 8”                                                                Pipe Diameter                               : ERW | HFW : 2”, 4”, 6”, 8”
                                   SSAW                 : 8” -1.200 mm                                                                                                     SSAW           : 8” -1,200 mm
  Thickness                       : ERW | HFW : maksimum 6,5 mm                                                               Thickness                                   : ERW | HFW : 6.5 mm max.
                                   SSAW                 : maksimum 10 mm                                                                                                   SSAW           : 10 mm max.



  Pabrikasi Baja | Steel Fabricator
  Sesuai kebutuhan pelanggan                                                                                                  according to customer needs


  Semua produk Perseroan telah berhasil mencapai standar sertifikasi                                                           All of our products have succeeded in achieving both national and
  baik nasional maupun internasional. Proses penjaminan mutu produk                                                           international certification standards. The product quality assurance
  diverifikasi terhadap program evaluasi mutu yang ketat, yang                                                                 process is verified against a stringent quality evaluation program,
  diwujudkan dalam keberhasilan memperoleh sertifikat internasional                                                            which is manifested in the success in obtaining international
  ISO dan API 5L. Sebagai bagian dari upaya memenuhi standar yang                                                             certificates of ISO and API 5L. As part of the efforts to meet the
  diakui secara internasional, SPINDO terus memenuhi sejumlah                                                                 internationally recognized standards, SPINDO continues to live up to
  standar mutu yang ditetapkan oleh badan akreditasi lokal dan                                                                a number of quality standards established by local and international
  internasional, antara lain ASTM, BS, JIS, ISO, API, AS dan SNI.                                                             accreditation bodies, including ASTM, BS, JIS, ISO, API, AS and SNI.


                                                                                                                                                     FM 1630 - Certified
                                                                                   Komite Akreditasi Nasional                                         UL 852 - Certified
                                                                                          LP-1379-IDN
                              Quality      Quality    Occupational Environmental
                              IATF 16949   ISO 9001   Health and   ISO 14001
                                                      Safety
                                                      ISO 45001

                                                                                                                                                                                           2000

                                  API5L - Certified
                                                                                                             SIRIM                       SIRIM
                                                                                                     Certified to MS 863 : 2010 Certified to BS EN 10255 : 2004
                                                                                                        Cer. No. : PC011951         Cer. No. : PC011962

              Kinerja Ekonomi                                    Kinerja Sosial                                                   Kinerja Lingkungan                             Indeks POJK & Standar GRI   29
           Economic Performance                                Social Performance                                             Environmental Performance                          POJK Index & GRI Standard    3
Page 38
                                                                                                                          2024 Sustainability Report




Skala Usaha [C.3][102-7]
Company Scale

                    Uraian                                                       2024                              2023                               2022
                  Description

Jumlah Karyawan                                                                    994                             1.020                                  1.030
Total Employees
Penghasilan Bersih Tahun Berjalan (Rp juta)                                    530.063                           498.059                           305.849
Net Income for The Year (IDR million)
Total Aset (Rp juta)                                                          8.295.427                         7.971.708                       7.405.931
Total Assets (IDR million)
Total Liabilitas (Rp juta)                                                    3.251.676                         3.353.362                       3.261.396
Total Liabilities (IDR million)
Penjualan & Pendapatan Jasa (Rp juta)                                         6.118.364                         6.455.329                       6.255.945
Sales & Service Revenues (IDR million)




Rantai Kegiatan Usaha Bisnis [102-9]
Business Activities Chain


     Bahan Baku                        Produksi                          Distributor                 Steel Hardware Store             Pengguna Akhir
     Raw Material                     Production                         Distributor                 Toko Besi & Peralatan               End-User



                                                                                                      Industri Perakitan
                                                                                                         Intermediari                 Pengguna Akhir
                                                                                                    Intermediary Assembly                End-User
                                                                                                           Industries


                                                                                                                                     Proyek Konstruksi
                                                                                                                                    Construction Project
                                                                                                                                      Pengguna Akhir
                                                                                                                                         End-User

Perseroan selalu mengupayakan manajemen rantai pasokan untuk                   The company always strives for supply chain management to ensure
memastikan bahwa barang dan jasa yang berasal dari pemasok telah               that goods and services originating from suppliers meet the required
memenuhi standar spesifikasi dan kualitas yang dipersyaratkan                   specifications and quality standards so that they can produce the best
sehingga dapat menghasilkan produk terbaik.                                    products.


Secara umum sumber bahan baku utama perseroan masih dipenuhi                   In general, the company’s main raw material sources are still met from
dari impor. Hal ini disebabkan industri baja merupakan industri                imports. This is because the steel industry is a strategic industry so
strategis sehingga alternatif pemasok terbatas. Namun mulai tahun              that alternative suppliers are limited. However, starting in 2023, the
2023 Perseroan telah menjalin kerjasama dengan pemasok dalam                   company has collaborated with domestic suppliers to meet the needs
negeri untuk memenuhi kebutuhan bahan baku. Diharapkan ke                      of raw materials. It is hoped that in the future the need for raw
depan kebutuhan bahan baku akan bisa dipenuhi dari dalam negeri                materials will be fulfilled from within the country as much as possible.
semaksimal mungkin. Jalur distribusi penjualan dilakukan melalui               Sales distribution channels are carried out through distributors who
distributor yang sudah bekerjasama selama puluhan tahun, industri              have collaborated for decades, the intermediate assembly industry
perakitan intermediari dan secara langsung ke proyek konstruksi /              and directly to construction projects / end-users.



30                     Tentang Kami                 Strategi Keberlanjutan                   Profil Perusahaan                 Tata Kelola Keberlanjutan
 3                       About Us                   Sustainability Strategy                  Company Profile                   Sustainability Governance
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Laporan Keberlanjutan 2024




  end-user. Industri perakitan intermediari adalah industri yang            Intermediary assembly industry is an industry that assembles/forms
  merakit/membentuk produk pipa baja menjadi barang lainnya atau            steel pipe products into other goods or industries that use steel pipes
  industri yang menggunakan pipa baja sebagai peralatan industri,           as industrial equipment, such as the furniture industry, bicycle
  seperti industri furnitur, industri sepeda, industri otomotif, industri   industry, automotive industry, sugar industry.
  gula.
                                                                            The Company’s customer basis includes domestic and multinational
  Basis pelanggan Perseroan meliputi perusahaan domestik Indonesia          Companies operating in Indonesia namely Total, Chevron, Honda and
  dan perusahaan-perusahaan multinasional yang beroperasi di                Yamaha as well as international companies such as J Steel Australasia
  Indonesia seperti Total, Chevron, Honda, dan Yamaha, serta                Pty. Ltd. The products that have acquired both national and
  perusahaan internasional seperti J Steel Australasia Pty, Ltd. Produk     international certifications.
  Perseroan telah mendapatkan sertifikasi baik nasional maupun
  internasional.
                                                                            In order to expand the distribution for the domestic market, the
  Untuk memperluas distribusi bagi pasar domestik, Perseroan telah          company has built operational units in various regions in Indonesia:
  membangun unit-unit operasional di berbagai daerah di Indonesia:          Production Unit at Sidoarjo in 2014; Stock warehouse and sales at
  Unit produksi di Sidoarjo pada tahun 2014; Gudang stok dan                Bandung and Jakarta in 2016; Stock warehouse and sales at
  penjualan di Bandung dan Jakarta pada tahun 2016; Gudang stok             Samarinda in 2018: Stock warehouse and sales at Makassar and also
  dan penjualan di Samarinda pada tahun 2018; Gudang stok dan               Representative Office at Pekanbaru this year. The Company owns six
  penjualan di Makassar dan kantor perwakilan di Pekanbaru pada             manufacturing facilities in Indonesia with a total of 37 production
  tahun ini. Perseroan telah memiliki 6 fasilitas manufaktur di Indonesia   lines where each can be calibrated to produce a variety of pipes/tubes.
  dengan total 37 lini produksi yang masing-masing dapat dikalibrasi        Currently, the Company is in the midst of developing SPINDO
  untuk menghasilkan berbagai jenis pipa. Saat ini Perseroan juga           operation unit on 1,000,000 sqm land in Gresik, East Java.
  tengah dalam proses pembangunan SPINDO di Gresik, Jawa Timur
  diatas lahan 1,000,000 meter2.
                                                                            In the global market, the Company has been regularly exporting its
  Untuk pasar global, Perseroan telah secara rutin melakukan ekspor         products to the United States of America and Canada since 2003. In
  produk pipa ke Amerika Serikat dan Kanada sejak tahun 2003. Selain        addition, several potential new markets have been analyzed for the
  itu, sejumlah pasar potensial yang belum tersentuh mulai dikalkulasi      Company’s next export destinations such as Europe and Asia.
  untuk dijadikan target pasar selanjutnya seperti Eropa dan Asia.




  Perubahan Emiten [C.6][102-10]
                     dan Perusahaan Publik yang
  Bersifat Signifikan
  Significant Changes in Issuer and Public Companies
  Pada tahun 2024 terjadi pergantian anggota Dewan Komisaris dan            In 2024, there was a change in the members of the Board of
  anggota Direksi. Pergantian pada anggota Dewan Komisaris adalah           Commissioners and the Board of Directors. Mr. Entario Widjaja
  Bapak Entario Widjaja Susanto menggantikan Ibu Endang Fifi                 Susanto replaced Mrs. Endang Fifi Susanto as a member of the Board
  Susanto. Sedangkan pergantian pada anggota Direksi adalah Bapak           of Commissioners. Meanwhile, Mr. Nico Gunawan replaced Mr.
  Nico Gunawan menggantikan Bapak Tikman Utomo.                             Tikman Utomo as a member of the Board of Directors.


  Pada tahun 2024, susunan anggota Dewan Komisaris adalah 4                 As of 2024, the Board of Commissioners consists of 4 (four)
  (empat) orang dan susunan anggota Direksi adalah 5 (lima) orang.          members, and the Board of Directors consists of 5 (five) members.




             Kinerja Ekonomi                    Kinerja Sosial                  Kinerja Lingkungan           Indeks POJK & Standar GRI         31
          Economic Performance                Social Performance            Environmental Performance        POJK Index & GRI Standard          3
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                                                                                                                        2024 Sustainability Report



Struktur Organisasi [102-18]
Organizational Structure
                                                                                               Rapat Umum
                                                                                             Pemegang Saham



                                                                                             Board of Commissioner

                                                                                             Makmur Widjaja
                                                                            President Commissioner | Independent Commissioner

                                                                                     Entario Widjaja Susanto
                                                                                                  Commissioner

                                                                                       Bing H. Poernomosidi
                                                                                         Independent Commissioner

                                                                                               Welly Tantono
                                                                                         Independent Commissioner




                                                                                                Ibnu Susanto
                                                                                                President Director

                        Johanes W. Edward
              Chief Strategy & Business Development Officer
                 Corporate Secretary & Investor Relation

                                                                                     Tedja Sukmana Hudianto
                                                                                             Vice President Director




                                                                                     Soediarto Soerjoprahono
                                                                                                      Director




                                                                Lita Mutiah Hudianto                                        Vacant
                                                                     Deputy Director Sales                           Deputy Director Marketing




                                                                                                                              Taufik Surya
                                                                                                                                SKF Div. Head




        Teddy W. Utomo            Tedja S. Hudianto               Edy Lemena A                   Dianawati T.             Alexander Arianto
         Purchasing Technical          Purchasing                 Purchasing Office          Finance and Accounting           SKF Manufacture
        & Spare Part Div. Head    Raw Material Div. Head         Equipment Div. Head                Div. Head                    Div. Head




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                                                 Audit Committee


                                                Welly Tantono
                                              Antonius I Karamoy
                                              Yoshinori Nishimoto




                                                Teguh Santoso
                                                   Internal Audit




                         Nico Gunawan                                                                                  The, Hanny Purnomo
                                  Director                                                                                          Director




                                                               Hardiman Utomo                Budi Dwi Santoso
                                                                SPINDO Jakarta Office                 HRD & GA
                                                                  General Manager                     Div. Head




   Nico Gunawan I Ketut Ardana Dody Hermawan Teguh Waskito Teguh Waskito                                          Dely Thio            Steven P. Utomo
     Plant 1, 2, & 6               Plant 3           Plant 4                  HSE                  QA / QC          PPIC                           IT
       Div. Head                  Div. Head         Div. Head               Div Head               Div.Head       Div. Head                    Div. Head




              Kinerja Ekonomi                      Kinerja Sosial                     Kinerja Lingkungan          Indeks POJK & Standar GRI                33
           Economic Performance                  Social Performance               Environmental Performance       POJK Index & GRI Standard                 3
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Jejak Langkah [103-2]
Milestones

1971                                     1989                                                     1991                                 1993                            1996
Perseroan berdiri sebagai                Ibnu Susanto, pemegang saham                             Pendirian pabrik di                  Transformasi menjadi             Memperoleh Sertifikat
perusahaan investasi asing               “Perusahaan Dagang dan Industri                          Pasuruan dengan mulai                perusahaan lokal.                API 5L dari American
di Indonesia dengan nama                 PT Radjin” mengakuisisi seluruh                          memproduksi pipa spiral                                               Petroleum Institute (API)
PT Steel Pipe Industry of                saham Kawasaki Steel Corporation                         dengan teknik SSAW.                  Transformed into a               untuk proses pipa SSAW.
Indonesia (SPINDO).                      dan Itochu Corporation.                                                                       local company.
                                                                                                  Established Manufacturing                                             Obtained a certificate of
Began business as a foreign              Ibnu Susanto, shareholders of                            Plant in Pasuruan to produce                                          API 5L from the American
investment company                       “Perusahaan Dagang dan Industri                          Spiral Submerged Arc                                                  Petroleum Institute (API)
incorporated in Indonesia                PT Radjin” purchased all the issued                      Welded (SSAW).                                                        for SSAW Process.
under the name PT Steel Pipe             shared in Kawasaki Steel Corporation
Industry of Indonesia (SPINDO).          and Itochu Corporation.




2011                             2013                                        2014                                             2015
Memperoleh sertifikat            Penawaran saham perdana                     Ÿ    Implementasi proyek SAP ECC                  Ÿ   Pertemuan Para Analis      Ÿ     Penandatanganan nota
Occupational Health &            SPINDO, 28 Januari 2013 di                       6 untuk seluruh unit bisnis.                     di Gedung Bursa Efek             kesepahaman antara
Safety Management                The Ritz-Carlton Jakarta,                   Ÿ    Pabrik Unit 6 telah beroperasi.                  Indonesia, Jakarta pada          SPINDO, JFE Steel Corp., dan
System (OHSAS).                  Pacific Place & Listing tanggal             Ÿ    Peresmian perluasan pabrik                       tanggal 14 September             Marubeni-Itochu Inc. pada
                                 22 Februari 2013 di BEI Jakarta.                 SPINDO Unit 5 - Karawang.                        2015,                            tanggal 14 Desember 2015,
Obtained a certificate
of Occupational Health           Initial Public Offering (IPO) of            Ÿ    Implementation of SAP ECC 6                  Ÿ   Analyst Meeting at         Ÿ     MOU signing ceremony
& Safety Management              SPINDO on January 28th, 2013,                    project for all business units.                  Indonesia Stock                  between SPINDO, JFE Steel
System (OHSAS).                  The Ritz-Carlton Jakarta,                   Ÿ    Plant Unit 6 has been running.                   Exchange Building,               Corp. and Marubeni-Itochu
                                 Pacific Place & Listing on                  Ÿ    Official opening of SPINDO Unit                  Jakarta on September             Inc. on December 14th, 2015,
                                 22 February 2013, Indonesian                     5 - Karawang expansion plant.                    14th, 2015,
                                 Stock Exchange, Jakarta.




2021                                                                                                                                                          2022
Ÿ    Terpilih sebagai Best Issuer 2020 untuk             Ÿ    Mengirimkan ekspor terbesar selama             Ÿ    Untuk pertama kalinya                       Ÿ    Mulai mengoperasikan mesin
     sektor industri metal dan kabel. Penilaian               sejarah operasi SPINDO sekitar                      menerbitkan Surat Utang                          produksi pipa baja nirkarat
     dilakukan berdasarkan delapan kriteria,                  9.600 ton dalam satu pengiriman                     yang ditawarkan kepada                           (stainless steel) yang baru.
     antara lain: return, likuiditas dan tingkat              pada bulan Juli hingga Agustus 2021                 Publik dengan instrumen
     volatilitas saham selama satu tahun,                     ke Kanada.                                          Obligasi dan Sukuk Ijarah.                  Ÿ    Started operating a new
     pertumbuhan penjualan selama tiga tahun,            Ÿ    Melaksanakan kegiatan Witness                                                                        machine for stainless steel
     Net Operating Margin, imbal hasil ekuitas,               Assessment Uji Kompetensi di LSP               Ÿ    For the first time issuing                        pipe production.
     turnover aset, dan pertumbuhan                           SPINDO oleh tim asesor Badan                        Debt Securities offered to
     pendapatan operasional selama tiga tahun.                Nasional Sertifikasi Profesi (BNSP).                 the Public with Bonds and
                                                                                                                  Sukuk Ijarah instruments.
Ÿ    Selected as Best Issuer 2020 in the metal           Ÿ    Delivered the biggest export in
     and cable industry category. The                         SPINDO history approximately 9,600
     assesment was conducted based on eight                   tons in one shipment on July to
     criterias, namely: return, liquidity and stock           August 2021 to Canada.
     volatility rate for 1 year, sales growth rate       Ÿ    Conducted Witness Assessment of
     for the last three years, Net Operating                  Competency Test at LSP SPINDO by
     Margin, return on equity, assets turnover                assessor team of National
     rate and operating revenue growth rate for               Professional Certification Board
     the last three years.                                    (BNSP).



34                            Tentang Kami                              Strategi Keberlanjutan                            Profil Perusahaan                        Tata Kelola Keberlanjutan
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  1998                                      2005                                                                     2007                                          2010
  Merger dengan                             Pendirian pabrik                   Memperoleh sertifikasi                 Memperoleh ISO TS                            Persetujuan dari
  “Perusahaan Dagang                        di Karawang yang                   API SL 0475 sebagai                    16949 Quality                                Building and Construction
  dan Industri PT Radjin”                   memproduksi pipa                   penyedia pipa industri                 Management System                            Authority di Singapura
  dan mempertahankan                        mekanik untuk                      minyak dan gas bumi                    untuk pipa otomotif di                       untuk menyediakan pipa
  nama SPINDO.                              industri otomotif.                 di Indonesia.                          pabrik Karawang.                             baja spiral.


  Merged with                               Established                        Obtained a certification               Obtained a certificate                       Approved by Building
  “Perusahaan Dagang                        manufacturing plant                of API SL 0475 for oil                 of ISO TS 16949 Quality                      and Construction Authority,
  dan Industri PT Radjin”;                  in Karawang which                  and gas industries in                  Management System for                        a statutory board of
  Retained the name of                      produces mechanical                Indonesia.                             automotive pipes in                          Singapore Government for
  SPINDO.                                   pipes for automotive                                                      Karawang.                                    spiral steel pipes.
                                            industries.




  2017                                             2018                                                   2019                                                     2020
  Penandatanganan kerja-                           Ekspor perdana pipa                                    Ÿ   Pembukaan Depo Samarinda                             Ÿ   Memperoleh ISO
  sama untuk pasokan bahan                         bersertifikasi UL                                          untuk melayani pelanggan di                              14001 sebagai
  baku antara SPINDO dan                           (Underwriters Laboratory)                                  area Kalimantan Timur.                                   komitmen Perseroan
  Benxi Steel Group Co. Ltd.                       ke Kanada dan Amerika                                  Ÿ   Launching jalur digital antara                           terhadap lingkungan
  tanggal 30 November 2017,                        pada tanggal 23 Januari                                    lain, Instagram, Linkedin, dan                           untuk seluruh produk
                                                   2018,                                                      Youtube Channel.                                         yang dihasilkan.
  Signing of Cooperation
  between SPINDO and Benxi                         First export of UL                                     Ÿ   Opening of Samarinda Depot                           Ÿ   Obtained ISO 14001
  Steel Group Co. Ltd. on                          (Underwriters Laboratory)                                  to serve customers in East                               as the Company's
  November 30th, 2017,                             certified pipes to Canada                                  Kalimantan area.                                         commitment to the
                                                   and America on January 23rd,                           Ÿ   Launching digital channels,                              environment for all
                                                   2018,                                                      such as, Instagram, Linkedin,                            products produced.
                                                                                                              and Youtube Channel.




  2023                                                                                                                                     2024
  Ÿ   SPINDO menerbitkan Penawaran Umum               Ÿ     Pemancangan pertama Plant 7                                                Ÿ    SPINDO menerbitkan Penawaran Obligasi Terkait
      Berkelanjutan (PUB) II Tahap II sebesar               SPINDO Gresik pada bulan                                                        Keberlanjutan sebesar Rp 1.000.000.000.000,00
      Rp 170.000.000.000,00 dengan spread                   September 2023.                                                                 dijaminkan oleh CGIF
      sebesar 100 bps terhadap Benchmark              Ÿ     Memperoleh sertifikat MONOGRAM                                              Ÿ    Pembukaan Warehouse Plant 7 SPINDO Gresik
      Obligasi Negara.                                      LISENCE API 5L-1276 dari American                                               pada Juli 2024
  Ÿ   Peresmian Depo SPINDO ke-empat di                     Petroleum Institute (API).
      Makassar tanggal 15 Juni 2023.                                                                                                   Ÿ    SPINDO issues Rp 1,000,000,000,000.00
                                                      Ÿ     First groundbreaking for Plant 7                                                sustainable development bond guaranteed by CGIF
  Ÿ   SPINDO issued its Continuous Public                   SPINDO Gresik in September 2023.                                           Ÿ    Opening of SPINDO Gresik Warehouse Plant 7 in
      Offering (PUB) II Phase II worth Rp             Ÿ     Obtained MONOGRAM LICENCE                                                       July 2024
      170,000,000,000.00 at a spread of 100                 API 5L-1276 certificate from the
      basis points over the government bond                 American Petroleum Institute (API).
      benchmark.
  Ÿ   The inauguration of the fourth SPINDO
      warehouse in Makassar on June 15, 2023.




                Kinerja Ekonomi                             Kinerja Sosial                              Kinerja Lingkungan                      Indeks POJK & Standar GRI                    35
             Economic Performance                         Social Performance                        Environmental Performance                   POJK Index & GRI Standard                     3
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                                                                                                                       2024 Sustainability Report



Visi, Misi & Nilai-Nilai Perusahaan [102-16, 103-2]
Vision, Mission & Corporate Values


                                                                          Meningkatkan Kualitas Hidup
           Visi | Vision
                                                                          Improving Quality of Life.


           Misi | Mission
            Menopang visi dengan terus melakukan pembaharuan melalui pembelajaran dan peningkatan yang berkelanjutan,
            penerapan teknologi baru dan dengan mempraktikan cara bisnis terbaik.
            Supporting the vision by continuing to reform through continuous learning and improvement, implementing new
            technologies, and employing the most effective business practices.


            Menyediakan produk yang dapat diandalkan dari karyawan yang sangat terampil, produktif dan berdedikasi melalui
            proses produksi yang mumpuni.
            Providing reliable products from highly skilled, productive, and dedicated
            personnel using a capable manufacturing method.


            Mengembangkan diversifikasi pasar yang memberikan stabilitas serta keuntungan finansial.
            Developing market diversification provides stability and financial advantages.


            Memberikan lingkungan yang berorientasi pada pertumbuhan bagi masyarakat.
            Providing a growth-oriented environment for the community.




         Nilai-Nilai Perusahaan | Corporate Values
Kejujuran adalah suatu sikap, perkataan,      Kepedulian adalah suatu           Kedisiplinan adalah tindakan              Kompak adalah
maupun tindakan yang timbul dari dalam        sikap ikut merasakan dan          dalam melaksanakan kewajiban,             kemampuan melaksanakan
diri seseorang dengan berlandaskan            mengerti akan                     rutinitas dengan penuh rasa               kerja secara bersama-sama
kenyataan, hati nurani, dan kebenaran         kepentingan orang lain.           tanggung jawab dan menaati                untuk mencapai satu tujuan
tanpa dipengaruhi situasi apapun.                                               peraturan.                                yang sama.


Honesty is the attitude, words and actions    Caring is an attitude of          Discipline is the act of                  Team Up is the capability to
that emerge from within a person based        sympathy and                      performing obligations, routine           work together to achieve the
on the reality, conscience and the truth free understanding of other            activities responsibly and                common goal.
from the influence of any situation.           people’s interest.                according to the regulations.

Komunikasi adalah kegiatan pemberian                      Kecepatan adalah kemampuan                            Kreativitas adalah kemampuan
informasi yang mengandung arti/pesan yang                 melakukan penyelesaian pekerjaan                      menciptakan/ memberikan gagasan,
perlu dipahami bersama oleh pihak-pihak yang              secara cepat dengan hasil memuaskan                   ide maupun inovasi terhadap tugas,
terkait dalam kegiatan komunikasi.                        dan sesuai standart yang ditetapkan.                  pekerjaan, lingkungan kerja.


Communication is the activity of sharing                  Responsiveness is the capability in                   Creativity is the capability to create /
information which contains meaning message                completing tasks swiftly with                         give ideas, ideas and innovations
that needs collective understanding by all parties        satisfactory results and in line with                 towards duties, occupation, work
involved in the communication activity.                   assigned standards.                                   environment.



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    Tujuan Perusahaan | Company objectives

    Perseroan menetapkan tujuan perusahaan sebagai pedoman dan        The Company sets corporate goals as guidelines and directions
    arah untuk seluruh kegiatan organisasi. Tujuan tersebut adalah:   for all organizational activities. These objectives are:




    Smart
    Bekerja dengan cerdik untuk mencapai tujuan bersama                To work astutely in order to achieve the common goal
    yang spesifik, terukur, disepakati, realistis, dan dapat
    ditelusuri.
                                                                       that is specific, measurable, based on mutual
                                                                       agreement, realistic and traceable.
                                                                                                                                          S
    Professional & Credible
    Mampu dan mau serta dapat dipercaya dalam menjalankan              Able and willing as well as reliable in carrying out
    tugas dan tanggung jawab secara terus-menerus.                     duties and responsibilities continuously.
                                                                                                                                          P
    Innovation & Continuous Improvement
    Berusaha untuk melakukan perubahan & meningkatkan                  Strive to make changes and improve quality
    kualitas secara terus menerus serta mencari cara-cara baru
    dalam membuat barang & jasa industri sesuai kebutuhan
    pasar demi kelangsungan hidup perusahaan.
                                                                       continuously as well as finding new avenues in
                                                                       producing industrial goods and services according to
                                                                       the market’s need for the interest of the Company’s
                                                                                                                                          I
                                                                       continuity.


    No Complaints
    Selalu memuaskan semua pelanggan baik dari dalam
    maupun luar perusahaan.
                                                                       To bring satisfaction perennially to the customer either
                                                                       from the internal and external of the Company.
                                                                                                                                          N
    Discipline & Loyalty                                               Observant, compliant and constantly committed to
    Taat, patuh dan selalu melaksanakan dengan baik tata               carrying out the Company’s rules of order, duties,
    tertib perusahaan, tugas, jabatan, kerja serta setia dan ikut
    memajukan perusahaan.
                                                                       functions, work whilst remaining loyal and actively
                                                                       taking part in the advancement of the Company.                     D
    Organized & Teamwork
    Bersedia dan mampu untuk bekerja sama sebagai tim yang             Readily and capable to collaborate as a solid and
    tangguh dan saling melengkapi untuk mencapai tujuan
    Perseroan yang telah disepakati.
                                                                       complimentary team to achieve the Company’s agreed
                                                                       upon goals.                                                        O

             Kinerja Ekonomi                    Kinerja Sosial                Kinerja Lingkungan              Indeks POJK & Standar GRI       37
          Economic Performance                Social Performance          Environmental Performance           POJK Index & GRI Standard        3
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                                                                                                                                       2024 Sustainability Report




Wilayah Operasi [C.2, C.4][102-3, 4, 6]
Areas of Operation

Wilayah operasi SPINDO telah menjangkau berbagai pelosok tanah                        SPINDO's operational area has reached various corners of the
air dengan pembangunan store dan stockist di beberapa daerah.                         country by building stores and stockists in several areas. A number
Sejumlah lokasi produksi yang berdekatan dengan jalur distribusi                      of production locations that are close to port distribution channels
pelabuhan memudahkan pengiriman barang ke wilayah timur                               facilitate the delivery of goods to eastern Indonesia. The company
Indonesia. Perseroan berupaya menjangkau hingga ke berbagai                           seeks to reach various remote areas of Indonesia.
wilayah Indonesia yang terpencil.



                                                                Representative
                                                                    Office
                                                              PEKANBARU
                                          MEDAN




                                                                                      PONTIANAK
                                                                                                                                        BALIKPAPAN

                                                                                                                            SPINDO
                                      PADANG           PALEMBANG                                                            GRESIK
                                                                                            Representative

                                SPINDO
                               JAKARTA
                                                                                                Office
                                                                                           SEMARANG
                                                                                                                        unit
                                                                                                                               7
                                                                                                                            Store &
                                                            LAMPUNG                                                         Stockist        BANJARMASIN
                                    Store &
                                    Stockist


                                                             SPINDO
                                                           KARAWANG                                                                        MATARAM
                                                            unit
                                                                   5                                                                         DENPASAR


                                                SPINDO                                                                                     SPINDO
                                               BANDUNG                                                                                    SIDOARJO

                                                Store &
                                                Stockist
                                                                                                                                          unit
                                                                                                                                                 6
                                                                                                                                            Store &
                                                                        SPINDO                                                              Stockist
                                                                       PASURUAN
                                                                       unit
                                                                              4
                                                                           Store &
                                                                                                                 SPINDO
                                                                           Stockist                             SURABAYA
                                                                                                              unit
                                                                                                                       1       unit
                                                                                                                                       2
                                                                                                                     unit
                                                                                                                            3

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                                                                                  CANADA

                                                                                               Export
                                                                                                                                                VIETNAM

                                                                                                                         MALAYSIA




                                                                                                                                                     TIMOR LESTE


                                    SAMARINDA

                                       Store &                                    AMERICA
                                       Stockist


                                                                                                                                           AUSTRALIA




                                          MANADO
                                                                                SORONG

                                                                                                                    JAYAPURA




                                                             AMBON



                                  MAKASSAR
                                   Store &
                                   Stockist




   HFW                                                                  SSAW                                             TIG
   Fasilitas produksi oleh pabrik :                                     Fasilitas produksi oleh pabrik :                 Fasilitas produksi oleh pabrik :
   Manufacturing facilities by plants :                                 Manufacturing facilities by plants :             Manufacturing facilities by plants :
   Unit 1 | Unit 2 | Unit 3 | Unit 4 | Unit 5 | Unit 6 |                Unit 4                                           Unit 2


   Black pipes, API pipes            Digunakan untuk                    Spiral pipes     Digunakan untuk                 Pipa Stainless Steel
   water pipes, mechanical           konstruksi, jalur pipa air,        (API & Non       konstruksi, tiang pancang,      Industri & Ornamen.
   pipes, furniture pipes,           jalur pipa minyak & gas,           API pipes)       pipa utilitas, perpipaan air,   Digunakan sebagai
   steel poles.                      pipa otomotif, furnitur,                            transmisi/distribusi minyak     furnitur, rangka,
                                     dan sebagainya.                                     & gas, dan sebagainya.          industri gula, perpipaan,
                                                                                                                         dan sebagainya.


                                     Used in construction,                               Used in construction,           Industrial & ornament
                                     water pipeline, oil and                             piling, utilities, water        Stainless Steel pipes.
                                     gas pipeline, auto,                                 pipeline, transmission/         Used in furniture, frame,
                                     furniture, etc.                                     distribution oil & gas, etc.    chemical / sugar mill, piping, etc




              Kinerja Ekonomi                        Kinerja Sosial                         Kinerja Lingkungan           Indeks POJK & Standar GRI            39
           Economic Performance                    Social Performance                   Environmental Performance        POJK Index & GRI Standard             3
Page 48
                                                                                                                     2024 Sustainability Report



                         [C.2][102-3, 6]
Informasi Pabrik                           | Plant Information




     SPINDO - Surabaya                     Rungkut Industri I No. 28 - 32,                                    Production facilities:
                                           Surabaya 60292,                                                4   HFW (Diameter : ½” - 8”)

                                           East Java                                                          Services Facilities :
        unit
               1                           Land Area:                                                     2
                                                                                                          2
                                                                                                              Galvanizing
                                                                                                              Slitting
                                           30,131 m² Established in 1978                                  2   Shearing
                                                                                                          1   Laser Cutting (2 axis)
                                                                                                              Recutting




     SPINDO - Surabaya
                                           Rungkut Industri II No. 10,                                 Production facilities:
                                           Surabaya 60292,                                           1 HFW (Diameter : 1” - 3”)
                                                                                                     7 TIG (Diameter : ¼” - 8”)
                                           East Java
        unit
               2                           Land Area:                                                  Services Facilities:
                                                                                                     2 Slitting
                                           15,280 m² Established in 1982                             1 Induction Annealing Offline
                                                                                                     1 Laser Cutting (4 axis)




40                       Tentang Kami                        Strategi Keberlanjutan    Profil Perusahaan                    Tata Kelola Keberlanjutan
 3                         About Us                          Sustainability Strategy   Company Profile                      Sustainability Governance
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      Ds. Warugunung, Karangpilang,                                  Production facilities:                              SPINDO - Surabaya
      Surabaya 60221,                                           3    HFW (Diameter : ½” - 8”)

      East Java                                                      Services Facilities:
      Land Area:                                                1
                                                                2
                                                                     Galvanizing
                                                                     Slitting
                                                                                                                                 unit
                                                                                                                                        3
      29,800 m² Established in 1971




                                                     Production facilities:                                              SPINDO - Pasuruan
      Jl. Kabupaten,
                                              4      SSAW (Diameter : 6” - 125”)
      Ds. Cangkringmalang,
      Beji, Pasuruan,
                                                     Services Facilities:
      East Java
      Land Area:
                                                     Steel Coating
                                                        3-Layer Polyethylene Coating
                                                                                                                                 unit
                                                                                                                                        4
                                                        Cement Lining; Epoxy Internal Coating
      143,257 m²                                        Epoxy External Coating
                                                     Shearing
      Established in 1992                     1      Accesories Fabrication
                                                     (Elbow, Concentric Reducer, Excentric Reducer, Tee,
                                                     Lateral, Y-Branch, Bifurcation)


           Kinerja Ekonomi              Kinerja Sosial                    Kinerja Lingkungan         Indeks POJK & Standar GRI              41
        Economic Performance          Social Performance              Environmental Performance      POJK Index & GRI Standard               3
Page 50
                                                                                                          2024 Sustainability Report




     SPINDO - Karawang           Kawasan Industri Mitrakarawang                          Production facilities:
                                 Jl. Mitra Raya 2 Blok F2,                          1    HFW Heavy Gauge Carbon Steel
                                 Ds. Parungmulya,                                        (D : 1” - 2½”) Thickness 2.50mm - 6.50mm
                                 Karawang 41361,                                    7    HFW Carbon Steel (D : ½” - 4”)
        unit
               5                 West Java
                                                                                    1    HFW SS (D : 1” - 2½”)

                                                                                         Services Facilities:
                                 Land Area:
                                                                                    2    Slitting
                                 50,000 m² Established in 2005                      1    Laser Cutting (4 axis)
                                                                                         Recutting




     SPINDO - Sidoarjo           Jl. Pahlawan No. 10,                                    Production facilities:
                                 Cemengkalang, Sidoarjo,                           9     HFW (D : 3/8” - 3”)

                                 East Java                                               Services Facilities:
        unit
               6                 Land Area:

                                 40,330 m² Established in 2013
                                                                                   1
                                                                                   1
                                                                                         Epoxy Coating
                                                                                         Shearing
                                                                                   1     Slitting
                                                                                         Recutting
                                                                                         General Fabrication




42                       Tentang Kami                 Strategi Keberlanjutan    Profil Perusahaan                  Tata Kelola Keberlanjutan
 3                         About Us                   Sustainability Strategy   Company Profile                    Sustainability Governance
Page 51
Laporan Keberlanjutan 2024




      Informasi Kantor Perwakilan, Depo & Lainnya [C.2][102-3] | Depot, Representative Office & Other Information




  SPINDO Pekanbaru                             SPINDO Semarang                                     Ongoing Project                                SPINDO - Gresik
  Representative Office                        Representative Office



                                                                                                                                                             7
  Graha Pena Riau Lt. 7 - R705,                Genius Idea @ Dafam Space                           Jl. Raya Daendels Km 49,
                                                                                                                                                      unit
  Jl. HR. Soebrantas Panam Km. 10,5            Menara Suara Merdeka, Lt 11 - R9,                   Desa Wadeng, Gresik, East Java.
  Sidomulyo Barat, Tuah Karya,                 Jl. Pandanaran No.30, Pekunden,                     Land Use Permit: 400 ha
  Kec. Tampan, Pekanbaru,                      Kec. Semarang Tengah, Semarang,                     Production: up to 16” est. 2023
  Riau 28294, Indonesia.                       Central Java 50134, Indonesia.




  SPINDO Jakarta Barat                                         SPINDO Bandung                                              SPINDO Samarinda
  Depot                                                        Depot                                                       Depot

  Kawasan Pergudangan Semanan Megah                            Bizpark Commercial Estate                                   Mangkupalas Business Center
  Kav. 7 Blok B No. 1, Jl. Daan Mogot Km 18,                   Jl. Kopo 455 Blok B1 No. 26A,                               Pergudangan E10-11, F9-10,
  Kalideres, West Jakarta.                                     Bandung 40277, West Java.                                   Samarinda, East Kalimantan.
  Land Area: 2,150 m²                                          Land Area: 1,746 m²                                         Land Area: 2,652 m²




  SPINDO Pasuruan                                SPINDO Sidoarjo                              SPINDO Makassar                            SPINDO Gresik
  Depot                                          Depot                                        Depot                                      Depot

  Jl. Kabupaten,                                 Jl. Pahlawan No. 10,                         Jl. IR Sutami,                             Jl. Raya Daendels Km 49,
  Ds. Cangkringmalang, Beji,                     Sidoarjo, East Java.                         Makassar, South Sulawesi.                  Desa Wadeng, Gresik
  Pasuruan, East Java.                                                                        Land Area: 6,057 m²                        East Java.
  Land Area: 2,268 m²                                                                                                                    Land Area: 8,600 m²




              Kinerja Ekonomi                       Kinerja Sosial                       Kinerja Lingkungan               Indeks POJK & Standar GRI            43
           Economic Performance                   Social Performance                 Environmental Performance            POJK Index & GRI Standard             3
Page 52
                                                                                                                            2024 Sustainability Report


     Sertifikasi [F.27] [102-12] | Certifications
     Jenis Sertifikasi | Type of Certification                                                                             Instansi Penerbit | Issuer
      Sertifikasi Internasional | International Certifications
     Activfire Fire Sprinkler and Hydrant Pipe (AFP-3723 ; AFP-3724 ; AFP-3725 ; AFP-3726)                                CSIRO (Australia)
     API Monogram License (5L-1143 ; 5L-0313 ; & 5L-1276)                                                                American Petrolium Institute (USA)
     CE Marks (946 38289-01)                                                                                             TÜV Rheinland
     FM 1630 Approval (3061718, PR454495)                                                                                FM Approvals (USA)
     IATF 16949 : 2016 Quality Management System (for Automotive ) (L9KXNY / 0526496)                                    SAI Global
     ISO 14001 : 2015 Environmental management systems (EMS41564)                                                        SAI Global
     ISO 45001 : 2018 Occupational health and safety management systems (OHS20915 & HSM41553)                            SAI Global
     ISO 9001 : 2015 Quality Management System (QEC21829)                                                                SAI Global
     ISO/IEC 17025 : 2017 Testing and calibration laboratories (LP-1379 IDN)                                             Komite Akreditasi Nasional
     Leadfree Safe Drinking Water Act NSF/ANSI/CAN 372-2020 (FILE NUMBER 13708)                                          IAPMO Research and Testing, Inc (USA)
     SIRIM MS 863 : 2010 (PC011951) & BS EN 10255: 2004 (PC011962)                                                       SIRIM QAS International SDN. BHD.
     Underwriter Laboratories / UL Marks 852 (EX 27615)                                                                  UL LLC


      Sertifikasi Nasional | National Certifications
     CIQS 2000 : 2018 Standar sistem mutu jaringan akses telekomunikasi (BSCIQS534505)                                   Telkom PCC
     Pengujian Jenis / Type Test SPLN D3.019-1:2012 9M/100daN (LKPP/0631/10114088/2024 (758.BTND.153A.2013-0631.2024))   PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2012 9M/200daN (LKPP/0632/10114088/2024 (759.BTND.153A.2013-0632.2024))   PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2012 11M/200daN (LKPP/0633/10114088/2024 (762.BTND.153A.2013-             PLN Pusertif
     0633.2024))
     Pengujian Jenis / Type Test SPLN D3.019-1:2012 12M/200daN (LKPP/0634/10114088/2024 (764.BTND.153A.2013-             PLN Pusertif
     0634.2024))
     Pengujian Jenis / Type Test SPLN D3.019-1:2012 13M/200daN (LKPP/0635/10114088/2024 (766.BTND.153A.2013-             PLN Pusertif
     0635.2024))
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 9M/200daN (LKPP/0387/10112197/2024)                     PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 9M/350daN (LKPP/0388/10112197/2024)                     PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 11M/200daN (LKPP/0389/10112197/2024)                    PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 12M/200daN (LKPP/0390/10112197/2024)                    PLN Pusertif
     QA TEST TELKOM T7 - STEL L-003-2021 VERSI 4.0 (Tel.233/TH-01/2021)                                                  PT Telekomunikasi Indonesia Tbk
     QA TEST TELKOM T7 2SEGMEN - STEL L-085-2022 VERSI 1.0 (Tel.237/TH-01/2022)                                          PT Telekomunikasi Indonesia Tbk
     QA TEST TELKOM T9 - STEL L-003-2021 VERSI 4.0 (Tel.232/TH-01/2021)                                                  PT Telekomunikasi Indonesia Tbk
     Sistem Manajemen K3 (PP 50 TAHUN 2012)                                                                              Kemenaker
     SPM SPLN D3.019-1:2012 TIANG SUTR 9M/100daN (26.367.079.05/SPM-LMK/24)                                              PLN Pusertif
     SPM SPLN D3.019-1:2012 TIANG SUTR/PENOPANG 9M/200daN (24.367.082.06/SPM-LMK/24)                                     PLN Pusertif
     SPM SPLN D3.019-1:2012 TIANG SUTR 11M/200daN (24.367.079.07/SPM-LMK/24)                                             PLN Pusertif
     SPM SPLN D3.019-1:2012 TIANG SUTM 12M/200daN (24.367.076.08/SPM-LMK/24)                                             PLN Pusertif
     SPM SPLN D3.019-1:2012 TIANG SUTM 13M/200daN (24.367.076.09/SPM-LMK/24)                                             PLN Pusertif
     SPM SPLN D3.019-1:2020/SUP-1:2022 TIANG SUTR 9M/200daN (24.367.079.01/SPM-LMK/24)                                   PLN Pusertif
     SPM SPLN D3.019-1:2020/SUP-1:2022 TIANG SUTR 9M/350daN (24.367.079.02/SPM-LMK/24)                                   PLN Pusertif
     SPM SPLN D3.019-1:2020/SUP-1:2022 TIANG SUTR 11M/200daN (24.367.079.03/SPM-LMK/24)                                  PLN Pusertif
     SPM SPLN D3.019-1:2020/SUP-1:2022 TIANG SUTM 12M/200daN (24.367.076.04/SPM-LMK/24)                                  PLN Pusertif
     SPPT SNI - SNI 0039 : 2013 (310/S/EX/B/V.3/2015)                                                                    BSI KEMENPERIN
     SPPT SNI - SNI 0039 : 2013 (311/S/RV/B/V.4/2015)                                                                    BSI KEMENPERIN
     SPPT SNI - SNI 0039 : 2013 (364/W/RE/B/X.10/2016)                                                                   BSI KEMENPERIN
     SPPT SNI - SNI 0039 : 2013 (385/W/RE/B/X/2017)                                                                      BSI KEMENPERIN
     SPPT SNI - SNI 0068 : 2013 (386/S/RE/B/X/2017)                                                                      BSI KEMENPERIN
     SPPT SNI - SNI 0068 : 2013 (61/S/RV/B/II/2017)                                                                      BSI KEMENPERIN
     SPPT SNI - SNI 05-0069-1987 (366/S/RE/B/X.10/2016)                                                                  BSI KEMENPERIN
     SPPT SNI - SNI 05-0069-1987 (389/S/RE/B/X/2017)                                                                     BSI KEMENPERIN
     SPPT SNI - SNI 07-0067-1987 (365/S/RE/B/X.10/2016)                                                                  BSI KEMENPERIN
     SPPT SNI - SNI 07-0067-1987 (384/S/RE/B/X/2017)                                                                     BSI KEMENPERIN
     SPPT SNI - SNI 07-0537-1989 (189/S/RV/B/VI.4/2016)                                                                  BSI KEMENPERIN
     SPPT SNI - SNI 07-0537-1989 (233/S/RE/VI.6/2014)                                                                    BSI KEMENPERIN
     SPPT SNI - SNI 07-2658-1992 (390/S/RE/B/X/2017)                                                                     BSPJI KEMENPERIN
     SPPT SNI - SNI 7033 : 2020 (622210093)                                                                              PT IAPMO Group Indonesia
     SPPT SNI - SNI 8052 : 2014 (124/S/EX/B/IV.3/2016)                                                                   BSI KEMENPERIN
     SPPT SNI - SNI 8052 : 2014 (244/S/EX/B/VII.4/2016)                                                                  BSI KEMENPERIN




44                            Tentang Kami                       Strategi Keberlanjutan           Profil Perusahaan                    Tata Kelola Keberlanjutan
 3                              About Us                         Sustainability Strategy          Company Profile                      Sustainability Governance
Page 53
Laporan Keberlanjutan 2024



   Type of Certification | Jenis Sertifikasi                                                                                 Issuer | Instansi Penerbit
   TDKN COATING SPIRAL PIPE :
   external 3lpe a252; external epoxy a252; external epoxy AWWA C200; Internal epoxy AWWA C200; external 3lpe & internal
   cement lining AWWA C200; Internal cement lining AWWA C200; external&internal epoxy AWWA C200; external epoxy & internal Kemenperin (Via Surveyor Indonesia)
   cement lining AWWA C200
   (9194/SJ-IND.8/TKDN/10/2023)
   TKDN API 5L ERW-GR A PSL 1 (10316/SJ-IND.8/E-TKDN/9/2024)                                                                Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L ERW-GR B PSL1 (10313/SJ-IND.8/E-TKDN/9/2024)                                                                 Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L ERW-GR BM PSL 2 (10312/SJ-IND.8/E-TKDN/9/2024)                                                               Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L SPIRAL-GR B PSL 1 (10672/SJ-IND.8/E-TKDN/10/2024)                                                            Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L SPIRAL-GR BM PSL 2 (10673/SJ-IND.8/E-TKDN/10/2024)                                                           Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L SPIRAL-GR X42M PSL 2 (10674/SJ-IND.8/E-TKDN/10/2024)                                                         Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L SPIRAL-GR X52M PSL 2 (12052/SJ-IND.8/E-TKDN/10/2024)                                                         Kemenperin (Via Surveyor Indonesia)
   TKDN API 5L SPIRAL-GR X65M PSL 2 (12054/SJ-IND.8/E-TKDN/10/2024)                                                         Kemenperin (Via Surveyor Indonesia)
   TKDN ASTM A252 ERW (10315/SJ-IND.8/E-TKDN/9/2024)                                                                        Kemenperin (Via Surveyor Indonesia)
   TKDN ASTM A252 Gr. 2 SPIRAL (9417/SJ-IND.8/E-TKDN/9/2024)                                                                Kemenperin (Via Surveyor Indonesia)
   TKDN ASTM A252 Gr. 3 SPIRAL (9418/SJ-IND.8/E-TKDN/9/2024)                                                                Kemenperin (Via Surveyor Indonesia)
   TKDN ASTM A53 ERW (8165/SJ-IND.8/TKDN/12/2022)                                                                           Kemenperin (Via Surveyor Indonesia)
   TKDN AWWA C200 SPIRAL (9193/SJ-IND.8/TKDN/10/2023)                                                                       Kemenperin (Via Surveyor Indonesia)
   TKDN Coating ERW 3-Layer Polyethylene (3LPE) PSL 1
   TKDN Coating ERW 3-Layer Polyethylene (3LPE) PSL 2                                                                       Kemenperin (Via Surveyor Indonesia)
   TKDN Coating ERW 3-Layer Polyethylene (3LPE) & Internal Epoxy PSL 1
   TKDN Coating ERW 3-Layer Polyethylene (3LPE) & Internal Epoxy PSL 2
   (5437/SJ-IND.8/TKDN/10/2022)
   TKDN Coating Spiral 3-Layer Polyethylene (3LPE) & Internal Coating Epoxy PSL 1
   TKDN Coating Spiral 3-Layer Polyethylene (3LPE) & Internal Coating Epoxy PSL 2                                           Kemenperin (Via Surveyor Indonesia)
   TKDN Coating Spiral Coating Epoxy Internal dan Eksternal PSL 1
   TKDN Coating Spiral Coating Epoxy Internal dan Eksternal PSL 2
   (5436/SJ-IND.8/TKDN/10/2022)
   TKDN Coating Spiral 3LPE PSL 1 (2691/SJ.IND.8/TKDN/7/2022)                                                               Kemenperin (Via Surveyor Indonesia)
   TKDN Coating Spiral 3LPE PSL 2 (2692/SJ.IND.8/TKDN/7/2022)                                                               Kemenperin (Via Surveyor Indonesia)
   TKDN Coating Spiral Fusion Bonded Epoxy (FBE) PSL 1 (2693/SJ.IND.8/TKDN/7/2022)                                          Kemenperin (Via Surveyor Indonesia)
   TKDN Coating Spiral Fusion Bonded Epoxy (FBE) PSL 2 (2694/SJ.IND.8/TKDN/7/2022)                                          Kemenperin (Via Surveyor Indonesia)
   TKDN JIS A5525 SPIRAL (9192/SJ-IND.8/TKDN/10/2023)                                                                       Kemenperin (Via Surveyor Indonesia)
   TKDN Pipa ERW Pancang SNI 8052 kelas 1,2&3 (1546/SJ-IND.8/TKDN/2/2023)                                                   Kemenperin (Via Surveyor Indonesia)
   TKDN Pipa Spiral Pancang SNI 8052 kelas 2&3 (2708/SJ-IND.8/TKDN/3/2023)                                                  Kemenperin (Via Surveyor Indonesia)
   TKDN SNI 0039 ERW (3838/SJ-IND.8/TKDN/4/2023)                                                                            Kemenperin (Via Surveyor Indonesia)
   TKDN SNI 0039 SPIRAL (10263/SJ-IND.8/TKDN/11/2023)                                                                       Kemenperin (Via Surveyor Indonesia)
   TKDN SPLN D3 GALVANIS (1689/SJ-IND.8/TKDN/2/2023)                                                                        Kemenperin (Via Surveyor Indonesia)
   TKDN STKM 11A (5438/SJ-IND.8/TKDN/10/2022)                                                                               Kemenperin (Via Surveyor Indonesia)
   TKDN SPLN D3.019-1:2012 SUTR 9M/100daN (10778/SJ-IND.8/E-TKDN/10/2024)                                                   Kemenperin (Via Surveyor Indonesia)
   TKDN SPLN D3.019-1:2012 SUTR 9M/200daN (10779/SJ-IND.8/E-TKDN/10/2024)                                                   Kemenperin (Via Surveyor Indonesia)
   TKDN SPLN D3.019-1:2012 SUTR 11M/200daN (10780/SJ-IND.8/E-TKDN/10/2024)                                                  Kemenperin (Via Surveyor Indonesia)
   TKDN SPLN D3.019-1:2012 SUTR 12M/200daN (10781/SJ-IND.8/E-TKDN/10/2024)                                                  Kemenperin (Via Surveyor Indonesia)
   TKDN SPLN D3.019-1:2012 SUTR 13M/200daN (10774/SJ-IND.8/E-TKDN/10/2024)                                                  Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA STAINLESS SCH40S 5-8 INCH SUS304TP/TP304/TP304L (4242/SJ-IND.8/E-TKDN/6/2024)                                  Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA STAINLESS SCH40S 1/2-4 INCH SUS304TP/BJ S 304/TP304/TP304L (4243/SJ-IND.8/E-TKDN/6/2024)                       Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA STAINLESS SCH20S 5-8 INCH SUS304TP (6548/SJ-IND.8/E-TKDN/8/2024)                                               Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA STAINLESS SCH20S 1/2-4 INCH SUS304TP/BJ S 304 (7340/SJ-IND.8/E-TKDN/8/2024)                                    Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA STAINLESS SCH10S 5-8 INCH SUS304TP/TP304/TP304L (7415/SJ-IND.8/E-TKDN/9/2024)                                  Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA STAINLESS SCH10S 1/2-4 INCH SUS304TP/BJ S 304/TP304/TP304L (7416/SJ-IND.8/E-TKDN/9/2024)                       Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA ERW API 5L GR B PSL1 Dia 1/2" - 3" PLANT 5 (5876/SJ-IND.8/E-TKDN/7/2024)                                       Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA ERW API 5L API 5L GR X42M PSL2 Dia 1/2" - 3" PLANT 5 (5872/SJ-IND.8/E-TKDN/7/2024)                             Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA ERW ASTM A53 SCH 40 Dia 1/2" - 3" PLANT 5 (5906/SJ-IND.8/E-TKDN/7/2024)                                        Kemenperin (Via Surveyor Indonesia)
   TKDN PIPA ERW ASTM A53 SCH 80 Dia 1/2" - 3" PLANT 5 (5907/SJ-IND.8/E-TKDN/7/2024)                                        Kemenperin (Via Surveyor Indonesia)
   TKDN SLOTTED STEEL TUBE OD 39,0 MM (18089/SJ-IND.8/E-TKDN/12/2024)                                                       Kemenperin (Via Surveyor Indonesia)
   TKDN SLOTTED STEEL TUBE OD 33,0 MM (18090/SJ-IND.8/E-TKDN/12/2024)                                                       Kemenperin (Via BSPJI Surabaya)
   TKDN SLOTTED STEEL TUBE OD 42,0 MM (18092/SJ-IND.8/E-TKDN/12/2024)                                                       Kemenperin (Via BSPJI Surabaya)
   TKDN SLOTTED STEEL TUBE OD 47,0 MM (18093/SJ-IND.8/E-TKDN/12/2024)                                                       Kemenperin (Via BSPJI Surabaya)
   STANDAR INDUSTRI HIJAU (SIH 24103.02.2024) INDUSTRI PIPA BAJA ELECTRIC RESISTANCE WELDING NON OTOMATIF                   LSIH BSPJI SURABAYA
               Kinerja Ekonomi                         Kinerja Sosial                      Kinerja Lingkungan              Indeks POJK & Standar GRI              45
            Economic Performance                     Social Performance                Environmental Performance           POJK Index & GRI Standard               3
Page 54
                                                                                                                         2024 Sustainability Report




Penghargaan [102-12]
Awards

                        Penghargaan                                                             Penyelenggara                   Tanggal Penerimaan
                          Awards                                                                  Organizer                      Date of Awarding

1. Best Sustainalibility-Linked Transaction 2024                                           Alpha Southeast Asia
     18th Annual Borrower Issuer Awards 2024




2. Best Vendor In Pricing Support.                                                         PT Pertamina Patra Niaga               01 Maret | March 2024




3. Perusahaan Industri Jawa Timur Peserta Sertifikasi Hijau                                 Pejabat Gubernur Jawa                        16 Mei | May 2024
     Tahun 2024.                                                                           Timur
     East Java Industrial Companies Participating in Green                                 Acting Governor of East
     Certification in 2024.                                                                 Java


4. The Best Sectors Investortrust Companies 2024 Sektor                                    Investortrust                     22 Agustus | August 2024
     Bahan Baku.
     The Best Sectors Investortrust Companies 2024 Raw
     Material Sector.


5. Penghargaan Capaian Investasi Tertinggi Kota Surabaya.                                  Walikota Surabaya               Desember | December 2024
     Highest Investment Achievement Award for Surabaya City.                               Mayor of Surabaya




Keanggotaan Organisasi dan Asosiasi [C.5][102-13]
Organization & Association Membership
Perusahaan tergabung dalam beberapa asosiasi dan menjalin                      The Company joins associations and builds partnership with external
kemitraan dengan pihak eksternal mewujudkan inisiatif keberlanjutan.           parties in order to realize its sustainable initiatives.

                                       Nama Organisasi Eksternal |                                                                  Sifat Keikutsertaan |
 No.
                                       External Organization Name                                                                   Types of Membership

 1.     IISIA (The Indonesian Iron and Steel Industry Association)                                                                  Anggota | Member

 2.     ASIPBTK (Asosiasi Industri Pengguna Baja Tahan Karat) | Association of Stainless Steel User Industries                      Anggota | Member

 3.     APBALSI (Asosiasi Pemotongan Baja Lembaran Seluruh Indonesia) | Association of Indonesian Steel Sheet                       Anggota | Member

        Cutting

 4.     AGI (Asosiasi Galvanis Indonesia) | Association of Galvanizers Indonesia                                                    Anggota | Member

 5.     Apindo (Asosiasi Pengusaha Indonesia) | The Employers' Association of Indonesia                                             Anggota | Member

 6.     AEI (Asosiasi Emiten Indonesia) | The Indonesian Issuers Association                                                        Anggota | Member

 7.     ICSA (Indonesia Corporate Secretary Association)                                                                            Anggota | Member

 8.     ISSC (Indonesia Society of Steel Construction)                                                                              Anggota | Member



46                      Tentang Kami                 Strategi Keberlanjutan                   Profil Perusahaan                  Tata Kelola Keberlanjutan
 3                        About Us                   Sustainability Strategy                  Company Profile                    Sustainability Governance
Page 55
Laporan Keberlanjutan 2024




           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   47
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard    4
Page 56
                                                                                                                              2024 Sustainability Report




Implementasi Tata Kelola Perusahaan yang baik merupakan alat untuk                 IThe implementation of Good Corporate Governance (GCG) is a tool to ensure
menjaga kelangsungan bisnis, menjaga kepercayaan para pemangku                     business continuity, maintain stakeholder trust, and foster corporate integrity.
kepentingan, dan menumbuhkan integritas perusahaan. SPINDO telah                   SPINDO has established various guidelines and policies that must be followed
menyusun berbagai pedoman dan kebijakan yang wajib dipatuhi oleh seluruh           by all stakeholders as a guide for the implementation of GCG. These guidelines
pemangku kepentingan sebagai panduan pelaksanaan GCG. Pedoman dan                  and policies include:
Kebijakan tersebut diantaranya adalah:
1. Kebijakan Tata Kelola Perusahaan                                                1. Corporate Governance Policy
2. Kode Etika                                                                      2. Code of Ethics
3. Board Manual                                                                    3. Board Manual
4. Komite Audit                                                                    4. Audit Committee
5. Rapat Umum Pemegang Saham (RUPS)                                                5. General Meeting of Shareholders (GMS)
6. Sekretaris Perusahaan                                                           6. Corporate Secretary
7. Audit Internal                                                                  7. Internal Audit
8. Pernyataan Independensi                                                         8. Independence Statement
9. Komite Pemantau Penerapan dan Penegakan Pedoman Etika dan                       9. Ethics and Behavioral Guidelines Enforcement and Monitoring Committee
     Perilaku (KP5)                                                                    (KP5)
10. Sistem Whistleblowing                                                          10. Whistleblowing System


Implementasi GCG dilaksanakan dengan penyelarasan antara program-                  The implementation of GCG is carried out by aligning the GCG programs with
program GCG dengan nilai-nilai inti dan rencana strategis SPINDO yang              SPINDO’s core values and strategic plans, based on the five principles of GCG,
berpedoman pada 5 (lima) prinsip GCG, yaitu:                                       which are:


Transparansi | Transparency
Transparansi adalah keterbukaan dalam melaksanakan proses pengambilan              Transparency is openness in the decision-making process and in disclosing
keputusan dan keterbukaan dalam mengemukakan informasi materiil dan                material and relevant information concerning SPINDO. In this regard, we have
relevan mengenai SPINDO. Berkenaan dengan hal ini, Kami telah                      presented information that is accurate, punctual, concise, and consistent to the
menyediakan informasi yang akurat, tepat waktu, jelas, dan konsisten kepada        stakeholders.
para pemangku kepentingan.


Akuntabilitas | Accountability
Akuntabilitas adalah kejelasan fungsi, pelaksanaan, dan pertanggung-               Accountability is clarity in function, implementation, and accountability of the
jawaban organisasi sehingga pengelolaan SPINDO terlaksana secara efektif           organization so that effective management of SPINDO can be achieved and all
dan semua pihak dapat bertindak sesuai dengan hak, kewajiban dan                   parties can act according to the rights, responsibilities, and authorities
wewenang yang telah ditetapkan.                                                    assigned to them.


Pertanggungjawaban | Responsibility
Pertanggungjawaban adalah kesesuaian pengelolaan terhadap Standar                  Responsibility is the suitability of governance with Standard Operating
Prosedur Operasional, kebijakan SPINDO, dan peraturan perundang-                   Procedure, policies, and the prevailing laws and regulations as well as carrying
undangan yang berlaku serta melaksanakan tanggung jawab kepada                     out the responsibility to the communities and the environment.
masyarakat dan lingkungan.


Independensi | Independency
Independensi adalah pengelolaan SPINDO secara profesional dan bertindak            Independency is managing SPINDO in a professional manner and acts
secara mandiri tanpa mengabaikan kerja sama yang baik.                             independently without overlooking good cooperation.


Kewajaran | Fairness
Kewajaran adalah selalu mengutamakan keadilan dan kesetaraan di dalam              Fairness is to always promote equity and equality in fulfilling the rights of
memenuhi hak–hak pemangku kepentingan.                                             stakeholders.




48                      Tentang Kami                     Strategi Keberlanjutan                    Profil Perusahaan                  Tata Kelola Keberlanjutan
 4                        About Us                       Sustainability Strategy                   Company Profile                    Sustainability Governance
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  Etika dan Integritas [102-11,16,17]
  Ethics and Integrity



                                                        [102-16]
   Pedoman Perilaku | Code of Conduct
   Perseroan memiliki Kode Etik yang berfungsi untuk mengendalikan           The Company has a Code of Conduct that functions to control
   perilaku, sikap, dan etika kerja baik secara individu maupun Korporat.    behavior, attitudes, and work ethics both individually and corporately.
   Kode etik Perseroan mengacu pada Undang-undang                            The Company’s code of conduct refers to the Labor Law No. 13 of
   ketenagakerjaan No. 13 tahun 2003, Undangundang Perseroan                 2003, the Limited Liability Company, and other regulations directly
   Terbatas serta Peraturan lain yang berkaitan langsung dengan usaha        related to the Company’s business, which is, refer to the Good
   Perseroan dan Perusahaan Terbuka, dan mengacu pada pelaksanaan            Corporate Governance implementation.
   Tata Kelola Perusahaan yang Baik.


   Perseroan melakukan sosialisasi Kode Etik pada saat adanya                The Company socializes the Code of Conduct during the meetings
   pertemuan/rapat dengan Federasi Serikat Pekerja Logam Elektronik          with the All-Indonesia Workers’ Union, Federation of
   Mesin Serikat Pekerja Seluruh Indonesia (FSP LEM SPSI) PT Steel Pipe      Electronic Metal Worker Union (FSP LEM SPSI) of PT Steel Pipe
   Industry of Indonesia Tbk, rapat dengan para manager dan sebagian         Industry of Indonesia Tbk and the meetings with managers. The Code
   ditempelkan pada daerah/lokasi tertentu, dan hukuman atas                 of Conduct are also posted in particular areas/locations, and penalties
   pelanggaran disesuai mulai dari peringatan tertulis 1 s/d 3, pemecatan    for violations are adjusted from 1 to 3 written warnings, dismissal,
   dan/atau melalui jalur hukum.                                             and/or through legal channels.


   Perseroan membangun budaya keberlanjutan dengan membina                   The Company creates a sustainability culture by fostering
   hubungan yang harmonis dan memberi manfaat kepada para                    harmonious relationships and providing benefits to stakeholders. The
   pemangku kepentingan. Budaya keberlanjutan akan tumbuh seiring            sustainability culture will grow along with the commitment of each
   dengan komitmen setiap invidu Perseroan dalam menjaga perilaku            individual in the Company to maintain good behavior following ethical
   yang baik sesuai dengan standar etika bagi Perseroan yang pada            standards for the Company. In the end, the synergy of the culture and
   akhirnya sinergi budaya dan kinerja Perseroan mampu memberikan            performance of the Company can provide benefit for stakeholders.
   nilai tambah bagi para pemangku kepentingan.



   Mekanisme Pemberian Saran & Kepedulian Terhadap Etika |
                                                 [102-17]
   Mechanisms for Advice & Concerns About Ethics
   SPINDO, terbuka untuk setiap laporan dari berbagai pemangku               SPINDO is open to receiving complaint reports from all internal and
   kepentingan, baik internal maupun eksternal terhadap dugaan               external stakeholders concerning alleged violations/acts in relation
   pelanggaran/perbuatan yang terkait dengan:                                with:
   a. Korupsi;                                                               a. Corruption;
   b. Kecurangan;                                                            b. Fraudulence;
   c. Ketidakjujuran;                                                        c. Dishonesty;
   d. Gratifikasi; Perbuatan melanggar hukum (termasuk pencurian,             d. Gratification; Acts of law violation (including theft, use of violence
      penggunaan kekerasan terhadap karyawan atau pimpinan,                       on employees or persons in charge, extortion and other
      pemerasan, penggunaan narkoba, pelecehan, dan perbuatan                     criminal acts);
      kriminal lainnya);                                                     e. Violations against tax provision, or other statutory regulations
   e. Pelanggaran ketentuan perpajakan, atau peraturan perundang-                 including but not limited to signature forgery, embezzlement,
      undangan lainnya termasuk namun tidak terbatas pada                         mischief causing damage to the Company’s property and/or the
      pemalsuan tanda tangan, penggelapan, perusakan barang milik                 environment, mark-up, under invoice, labor, etc.;
      perusahaan, lingkungan hidup, mark-up, under invoice,
      ketenagakerjaan, dll;




              Kinerja Ekonomi                   Kinerja Sosial                  Kinerja Lingkungan             Indeks POJK & Standar GRI        49
           Economic Performance               Social Performance            Environmental Performance          POJK Index & GRI Standard         4
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                                                                                                                       2024 Sustainability Report



f.    Pelanggaran Pedoman Etika atau pelanggaran norma-norma                   f.   Violation against Code of Ethics or norms of decency in general
      kesopanan pada umumnya termasuk namun tidak terbatas pada                     including but not limited to conflict of interest and involvement in
      benturan kepentingan dan terlibat dalam kegiatan masyarakat                   the prohibited community activities;
      yang dilarang;                                                           g. Acts of endangerment of occupational safety and health or
g. Perbuatan yang membahayakan keselamatan dan kesehatan                             security;
      kerja, atau membahayakan keamanan;                                       h. Acts that may cause financial or non-financial loss to the
h. Perbuatan yang dapat menimbulkan kerugian finansial atau non                       Company or detrimental to the interests of the Company;
      finansial terhadap atau merugikan kepentingan SPINDO;                     I.   Violations against a Standard Operating Procedure especially
i.    Pelanggaran prosedur operasi standar (Standard Operating                       related to goods and service procurement, in assigning benefit
      Procedure - SOP) SPINDO, terutama terkait dengan pengadaan                     and remuneration; and
      barang dan jasa, pemberian manfaat dan remunerasi; dan                   j.   Violate generally accepted business principles and practices.
j.    Melanggar prinsip dan praktek usaha yang berlaku umum.


Setiap Pihak Terkait dengan Perseroan atau pihak ketiga di luar                Every party associated with the Company or external third party who
SPINDO yang merasa dirugikan atau hanya ingin melaporkan                       feels aggrieved or just feels obligated to report a violation may submit
terjadinya Pelanggaran dapat melaporkannya dengan kronologi dan                a complaint along with the chronology of events and evidence or at
bukti atau setidaknya bukti permulaan. Laporan bukan merupakan                 least preliminary evidence.
pernyataan kebencian atau fitnah.


Laporan pelanggaran dapat disampaikan kepada Komite Pemantau                   Complaint report can be submitted to Committee for Monitoring the
Penerapan dan Penegakan Pedoman Etika dan Perilaku (KP5) atau                  Implementation and Enforcement of the Code of Ethics and Conduct
langsung kepada Komite audit dengan tatacara yang ada dalam                    (KP5) or directly to the audit committee with the procedures in the
pengaturan mengenai Whistle Blowing.                                           regulations regarding Whistle Blowing.


     Bilamana yang terlapor adalah anggota Direksi atau anggota                                  Bilamana yang terlapor adalahkaryawan
              KP5 harap lapor ke alamat email berikut:                                                      harap lapor ke:
                When the reported is a member of the                                                When the reported is an employee,
             Board of Directors or KP5, please report to:                                                   please report to:




        lapor@komiteauditspindo.com                                            kp5@spindo.co.id | kp5@spindo.com
                Atau mengirimkan laporan tertulis ke:                                             Atau mengirimkan laporan tertulis ke:
                     Or send the written mail to:                                                      Or send the written mail to:

         PT Steel Pipe Industry of Indonesia Tbk                                         PT Steel Pipe Industry of Indonesia Tbk
      Gedung Baja Lt 7 Jl. Pangeran Jayakarta No. 55,                                     Jl. Kalibutuh No. 189 -191, Surabaya
                      Jakarta Pusat                                                 Up: Komite Pemantau Penerapan dan Penegakan
                    Up: Komite Audit                                                          Pedoman Etika & Perilaku (KP5)

Atas laporan yang terbukti kebenarannya, SPINDO akan memberikan                For every report that has been proven true, SPINDO will provide
perlindungan terhadap pelapor. Perlindungan bagi pelapor meliputi:             protection to the whistleblower which includes:
1. Jaminan atas kerahasiaan identitas pelapor (whistleblower);                 1. Guarantee of confidentiality of identity;
2. Jaminan atas kerahasian isi laporan yang disampaikan;                       2. Guarantee of confidentiality of the content of the submitted
3. Jaminan atas perlindungan kemungkinan adanya tindakan                             report;
      ancaman, intimidasi, hukuman ataupun tindakan tidak                      3. Guarantee of protection from a possible threat, intimidation,
      menyenangkan lainnya dari pihak terlapor;                                      punishment or other ill treatment from the reported party;




50                     Tentang Kami                  Strategi Keberlanjutan                      Profil Perusahaan            Tata Kelola Keberlanjutan
 4                       About Us                    Sustainability Strategy                     Company Profile              Sustainability Governance
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   4. Bagi pelapor internal yang merupakan korban atau tidak terlibat       4. For the internal whistleblower who is also the victim or not
      dalam kasus yang dilaporkan, Perusahaan memberikan jaminan                 involved in the case reported, the Company will guarantee
      perlindungan tidak akan dikenai:                                           protection from:
      a.    Pemecatan;                                                           a.      Dismissal;
      b.    Penurunan jabatan atau pangkat;                                      b.      Demotion;
      c.    Pelecehan atau diskriminasi dalam segala bentuknya;
                                                                                 c.      Harassment or discrimination in any form;
      d.    Catatan yang merugikan dalam file data pribadinya
                                                                                 d.      Adverse notes in personal file record
      (personal file record).
                                                                                 Those who are related to the alleged act or indirectly related with
      Yang berkaitan dengan tindakan yang dilaporkan atau secara
                                                                                 the accused. In the meantime, for those involved in the reported
      tidak langsung berkaitan dengan pihak yang dilaporkan.
                                                                                 case, the report itself must be considered as a favourable factor to
      Sedangkan untuk pihak yang terlibat dengan kasus yang
                                                                                 whistleblower;
      dilaporkan, laporan harus dipertimbangkan sebagai faktor yang
      meringankan bagi pelapor;
   5. Selain perlindungan sebagaimana dimaksud dalam butir 1 s/d
      butir 4 di atas, untuk pelapor yang beritikad baik, Perusahaan juga   5. Aside from protection stipulated in the above point 1 to 4, the
      akan mengupayakan perlindungan hukum kepada pelapor                         Company will also provide legal protection to whistleblowers
      sebagaimana ketentuan yang diatur peraturan perundang-                      driven by good intention as stipulated in the law and regulation.
      undangan.


   Jumlah Laporan Kepada KP5 Tahun 2024 serta Tindak Lanjutnya |
   Number of Reports to Kp5 in 2024 and Their Follow-Ups
   Selama 2024, Komite Pemantau Penerapan dan Penegakan                     Throughout 2024, the Committee for Monitoring the Implementation
   Pedoman Etika dan Perilaku (KP5) menerima 1 (satu) laporan dugaan        and Enforcement of the Code of Ethics and Conduct (KP5) received 1
   pelanggaran. Perseroan telah menindaklanjuti laporan dengan              (one) report of alleged violations. The Company followed up on the
   memberikan sanksi terhadap terlapor.                                     report by imposing sanctions on the reported party.



  Sistem Pelaporan Pelanggaran | Whistleblowing System
   Sistem pelaporan pelanggaran berhubungan dengan terjadinya               Whistleblowing System is a system for reporting the instances
   pelanggaran. Perseroan selalu memproritaskan pembinaan guna              of violations. The Company always prioritizes stewardship to gain
   mendapat pengertian agar secara dini dapat menekan kemungkinan           understanding to prevent the possibility of violations and deviations
   terjadinya pelanggaran dengan menghindari kemungkinan                    of the good cooperation climate within the Company. The address of
   timbulnya fitnah atau mengganggu iklim kerja sama yang baik dalam         reporting, sanctions, and praise is the direct authority of and by the
   Perseroan. Tujuan pelaporan, sanksi dan pujian merupakan                 Director in charge.
   wewenang langsung dari dan oleh Direktur yang membawahinya.


   Laporan pelanggaran disampaikan langsung kepada atasan yang              Upon discovering a violation, a report is submitted to the supervisor in
   membawahinya, baik dengan cara verbal maupun dengan cara                 charge, both verbally and in writing, and is linked to the Board of
   tertulis, serta dihubungkan sampai kepada Direksi yang membawahi,        Directors’ responsibilities; Based on the applicable code of conduct,
   Direksi akan menentukan sikap terhadap penanganan pelanggaran            the Board of Directors will determine how to handle existing
   yang ada sesuai dengan kode etik yang berlaku. Penerima laporan          violations. The recipient of the violation report will always keep the
   pelanggaran akan selalu merahasiakan sumber/pihak yang                   whistleblowers identity confidential.
   melaporkan pelanggaran.


   Pada tahun 2024 tidak terdapat laporan pelanggaran yang bersifat         In 2024, no reports of material violations harmed the Company that
   material yang merugikan Perseroan yang diterima oleh Direksi             the Company’s Board of Directors received. This is a form of
   Perseroan. Hal ini merupakan bentuk komitmen seluruh insan               commitment of all the Company’s personnel to maintain the
   Perseroan untuk menjaga nama baik Perseroan.                             Company’s good name.



              Kinerja Ekonomi                   Kinerja Sosial                  Kinerja Lingkungan              Indeks POJK & Standar GRI        51
           Economic Performance               Social Performance            Environmental Performance           POJK Index & GRI Standard         4
Page 60
                                                                                                                    2024 Sustainability Report




Struktur Tata Kelola Perusahaan [102-18]
Governance Structure




Sesuai ketentuan Undang-Undang Perseroan Terbatas, struktur tata              Aligned with the provisions stipulated in the Limited Liability
kelola SPINDO terdiri dari 3 (tiga) Organ Perusahaan yaitu: Rapat             Company Law, SPINDO governance structure comprises of three
Umum Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi.                     Company’s Organs: General Meeting of Shareholders (GMS), the
RUPS adalah forum pengambilan keputusan tertinggi bagi                        Board of Commissioners, and the Board of Directors. GMS is the
pemegang saham. Rapat Umum Pemegang Saham (RUPS)                              highest decision-making forum for shareholders. General Meeting of
memegang semua wewenang yang tidak didelegasikan kepada                       Shareholders holds all the authorities not delegated to the Board of
Dewan Komisaris atau Direksi sejauh diperkenankan oleh Undang-                Commissioners or Directors as far as it allows by the Law concerning
Undang Perusahaan terbatas dan atau Anggaran Dasar Perusahaan.                Limited Liability Company or Article of Association.


Forum RUPS terdiri dari Rapat Umum Pemegang Saham Tahunan                     GMS forum consists of the Annual General Meeting of Shareholders
(RUPST) dan Rapat Umum Pemegang Saham Luar Biasa (RUSPLB).                    (AGMS) and Extraordinary General Meeting of Shareholders (EGMS).
Dewan Komisaris bertugas mengawasi jalannya pengelolaan                       The Board of Commissioner is in charge of supervising the
perusahaan dan Direksi bertugas mengelola perusahaan. Dewan                   management of the Company and the Board of Directors are in
Komisaris dan Direksi memiliki wewenang tanggung jawab terpisah               charge of managing the Company. The Board of Commissioners and
sesuai fungsinya sebagaimana diatur dalam peraturan perundang-                Directors have separate authorities and responsibilities according to
undangan dan Anggaran Dasar Perseroan.                                        their respective functions as stipulated in the Company’s regulations
                                                                              and Article of Association.


Dewan Komisaris telah membentuk Komite Audit untuk membantu                   The Board of Commissioner formed Audit Committee in order to
dalam pelaksanaan tugas dan kewajibannya termasuk memberdaya-                 assist in executing its duties and responsibilities including
kan fungsi pengawasan yang dijalankannya dan merumuskan                       supervision function and policy-making function within the scope of
kebijakan Dewan Komisaris sesuai ruang lingkup tugasnya.                      its duties.


Direksi memiliki organ-organ pendukung yang bertugas untuk                    Directors has its supporting organs whose main tasks include
mengendalikan mengawal dan ber tanggung jawab atas                            controlling/managing, overseeing, and responsible for the
implementasi GCG yaitu Unit Audit Internal dan Sekretaris                     implementation of GCG, namely Internal Audit Unit and Corporate
Perusahaan, serta Komite Pemantau Penerapan dan Penegakan                     Secretary as well as Committee for Monitoring the Implementation
Pedoman Etika dan Perilaku (KP5) untuk menindaklanjuti laporan                and Enforcement of the Code of Ethics and Conduct (KP5) to follow
tindak pelanggaran etika yang dilakukan pegawai Perusahaan.        [102-22]
                                                                              up on alleged ethic violation reports committed by employees. [102-22]
[102-23]                                                                      [102-23]




52                   Tentang Kami                Strategi Keberlanjutan                     Profil Perusahaan              Tata Kelola Keberlanjutan
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  Wewenang dan Tanggung Jawab[E.Eksekutif
  dalam Tata Kelola Keberlanjutan 1][102-19,20,21]
  Executive Authorities & Responsibilities in Sustainability Governance




                                                                 Rapat Umum Pemegang Saham
                                                                 General Meeting of Shareholder




                                                                        Dewan Komisaris
                                                                      Board of Commissioners

                Komite Audit
               Audit Committee

                                                                             Direksi
                                                                        Board of Directors

                Audit Internal                                                                                       Rapat Umum Pemegang Saham
                Internal Audit                                                                                       General Meeting of Shareholder




  Dalam upaya mencapai keberlanjutan SPINDO, Direksi memiliki                     In the attempt to achieve sustainability, the Board Directors have full
  kewenangan penuh dalam membuat dan mengambil keputusan                          authority to make decisions and ensure the implementation of every
  serta memastikan implementasi setiap kebijakan di bidang keuangan,              policy in finance, environment, and social aspects. Entire policies will
  lingkungan, dan sosial. Keseluruhan kebijakan akan dituangkan                   be incorporated in the Annual Work Program and Key Performance
  dalam program kerja tahunan dan Key Performance Indicator (KPI)                 Indicator (KPI) that are supervised and reviewed on a regular basis.
  yang diawasi dan ditinjau secara berkala. [102-20]                              [102-20]




  Dewan Komisaris SPINDO, sesuai dengan kewenangannya akan                        According to its authority, the Board of Commissioners will monitor
  memantau secara keseluruhan tingkat keberhasilan kinerja                        the overall success rate of the Company’s performance. Additionally,
  Perusahaan. Selain itu, dalam mendukung kinerja di bidang                       in supporting the Company’s performance in finance, the
  keuangan, lingkungan, dan sosial, setiap komite melakukan fungsinya             environment, and society, every committee will carry out its functions
  guna memastikan program kerja dapat berjalan dengan baik dan                    in order to ensure that the work program can be rolled out well and
  sesuai tujuan.[102-21]                                                          aligned with the goals. [102-21]




               Kinerja Ekonomi                     Kinerja Sosial                    Kinerja Lingkungan              Indeks POJK & Standar GRI       53
            Economic Performance                 Social Performance              Environmental Performance           POJK Index & GRI Standard        4
Page 62
                                                                                                                       2024 Sustainability Report




Rapat Umum Pemegang Saham | General Meeting of Shareholders [102-20,23,24]
Sesuai dengan Anggaran Dasar Perseroan, Rapat Umum Pemegang                     In accordance with the Company’s Articles of Association, the
Saham (RUPS) memegang peranan tertinggi dalam Perseroan dan                     General Meeting of Shareholders (GMS) plays the highest role in the
minimal harus diadakan satu sekali dalam setahun. [102-23]                      Company and must be held at least once a year. [102-23]


RUPS terdiri dari 2 (dua) yaitu: RUPS Tahunan dan RUPS Luar Biasa.              There two types of GMS namely, the Annual GMS and the
RUPS Tahunan diadakan setiap tahun yang terdiri dari RUPS                       Extraordinary GMS. The Annual GMS is held every year, consisting of
Tahunan tentang Persetujuan Laporan Tahunan. RUPS Luar Biasa                    the Annual GMS regarding the Approval of the Annual Report. The
dapat diadakan setiap waktu berdasarkan kebutuhan untuk                         Extraordinary GMS can be held at any time based on the need for the
kepentingan Perusahaan.                                                         benefit of the Company.


Pada hari Jumat, 28 Juni 2024, Perseroan mengadakan Rapat Umum                  On Friday, June 28th, 2024, the Company held an Annual General
Pemegang Saham Tahunan (RUPST) untuk tahun buku 2023 yang                       Meeting of Shareholders (AGMS) for financial year 2023 at
bertempat di Auditorium Gedung Baja Lantai 9C, Jalan Pangeran                   Auditorium Gedung Baja Lantai 9C, Jalan Pangeran Jayakarta nomor
Jayakarta nomor 55, Jakarta Pusat, dengan mata acara RUPST sesuai               55, Jakarta Pusat, with the AGMS agenda as stated in the AGMS
dengan yang tercantum dalam Pemanggilan RUPST tanggal 6 Juni                    Invitation on 6 June 2024.
2024.


RUPST dihadiri oleh 3 (tiga) anggota Direksi Perseroan. Rapat telah             The AGMS was attended by 3 (three) members of Board of Directors
dihadiri oleh para pemegang saham dan kuasa pemegang saham                      of the Company. The meeting was attended by the shareholders and
yang mewakili 6.045.708.040 saham atau 85,57% dari                              their proxies representing 6.045.708.040 shares or 85.57% of
7.065.340.735 saham yang merupakan seluruh saham dengan hak                     7,065,340,735 shares which are all shares with valid voting rights
suara yang sah yang telah dikeluarkan oleh Perseroan (setelah                   that have been issued by the Company (after deducting the number
dikurangi dengan jumlah saham yang telah dibeli kembali oleh                    of shares issued) repurchased by the Company).
Perseroan).
                                                                                One of the agenda items at the AGMS determined the composition of
Salah satu mata acara dalam RUPST tersebut adalah menetapkan                    the members of the Company's Board of Directors and Board of
susunan anggota Direksi dan Dewan Komisaris Perseroan terhitung                 Commissioners as of the closing of this Meeting until the closing of the
sejak ditutupnya Rapat ini sampai dengan ditutupnya Rapat Umum                  Company's Annual General Meeting of Shareholders in 2027. [102-24]
Pemegang Saham Tahunan Perseroan pada tahun 2027. [102-24]
                                                                                An Extraordinary General Meeting of Shareholders (EGMS) will not be
Pada tahun 2024, Perseroan tidak mengadakan Rapat Umum                          held by the company in 2024 because the AGMS agenda for the
Pemegang Saham Luar Biasa (RUPSLB) karena kebutuhan untuk                       2023 fiscal year already addresses the needs of the company's
kepentingan Perusahaan telah tercakup dalam mata acara RUPST                    interests.
tahun buku 2023.
                                                                                The GMS decision-making mechanism is through deliberation and
Mekanisme pengambilan keputusan RUPS dengan cara                                consensus for shareholders who are physically present at the GMS
musyawarah dan mufakat untuk pemegang saham yang hadir secara                   and/or through the system provided by the e-GMS provider (KSEI).
fisik dalam RUPS, dan/atau melalui sistem yang disediakan oleh
penyedia e-RUPS (KSEI).




54                     Tentang Kami                   Strategi Keberlanjutan                  Profil Perusahaan                Tata Kelola Keberlanjutan
 4                       About Us                     Sustainability Strategy                 Company Profile                  Sustainability Governance
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Laporan Keberlanjutan 2024




  Dewan Komisaris | The Board of Commissioners
  Dewan Komisaris merupakan Organ Perseroan yang bertugas dan         The Board of Commissioners is the Company’s Organ which is
  bertanggung jawab secara kolektif untuk melakukan pengawasan        collectively tasked and responsible for supervising and providing
  dan memberikan masukan kepada Direksi atas pengurusan               input to the Board of Directors on the Company’s management
  Perseroan yang dilakukan oleh Direksi baik diminta mau pun tidak.   carried out by the Board of Directors, whether requested or not. In
  Secara umum, Dewan Komisaris selalu memastikan penerapan Tata       general, the Board of Commissioners always ensures the Good
  Kelola Perusahaan yang Baik, termasuk juga pada tataran kebijakan   Corporate Governance implementation, including at the policy level
  dan hal-hal strategis lainnya meskipun tidak bersifat eksekusi.     and other strategic matters, even though it is not an execution.


  Direksi | The Board of Directors
  Direksi memiliki peran sebagai organ Perseroan yang harus           The Board of Directors performs the role of an organ of the Company
  menjalankan dan bertanggung jawab atas pengelolaan dan              that supervises and manages the Company. Members of the Board of
  kepengurusan Perseroan. Jabatan seorang Direksi diberikan untuk     Directors represents the Company both within and outside the
  menjadi perwakilan dari Perseroan baik di dalam maupun di luar      Company.
  Perseroan.


  Sesuai Anggaran Dasar Perusahaan, Direksi memiliki tanggung-        In accordance with the Company’s Articles of Association, the Board
  jawab penuh dalam menjalankan tugasnya untuk keberhasilan           of Directors has full responsibility for carrying out their duties for the
  Perseroan dalam mencapai maksud dan tujuannya. Direksi wajib        Company’s success in achieving its goals and objectives. The Board
  dengan itikad baik dan penuh tanggung jawab dalam menjalankan       of Directors must be in good faith and full responsibility in carrying out
  tugasnya dengan kehati-hatian yang selalu mengikuti ketetapan       their duties with prudence that always follows the provisions of the
  Anggaran Dasar Perseroan dan Peraturan Perundang-undangan           Company’s Articles of Association and the applicable laws and
  yang berlaku.                                                       regulations.




  Organ Pendukung Dewan Komisaris & Direksi |
  Supporting Organs for the Board of Commissioners & Directors
  Organ Pendukung Dewan Komisaris terdiri dari Komite Audit dan       Supporting Organ for the Board of Commissioners consist of the
  Organ Pendukung Direksi terdiri dari Sekretaris Perusahaan dan      Audit Committee, and Supporting Organs for the Board of Directors
  Divisi Audit Internal. Masing-masing Organ Pendukung Dewan          consists of the Corporate Secretary and the Internal Audit Division.
  Komisaris dan Direksi memiliki tugas dalam membantu fungsi          Each of the Supporting Organs of the Board of Commissioners and
  pengawasan yang dilakukan oleh Dewan Komisaris dan fungsi           Directors are responsible for assisting the supervisory function
  pengelolaan yang dilakukan oleh Direksi.                            carried out by the Board of Commissioners and the management
                                                                      function carried out by the Board of Directors.



  Benturan Kepentingan | Conflict of Interest [102-25]
  Perseroan berkomitmen untuk menghindari segala perilaku yang        The Company is committed to avoiding any behavior that has a
  memiliki potensi benturan kepentingan dengan menerapkan pakta       potential conflict of interest by implementing an integrity pact in every
  integritas dalam setiap pengambilan keputusan strategis yang        strategic decision-making that has a material impact on the
  berdampak material terhadap kinerja Perseroan. Perseroan telah      Company’s performance. The Company has regulated this in the
  mengatur hal ini dalam Pedoman Perilaku yang telah disahkan oleh    Code of Conduct which was approved by the Board of
  Dewan Komisaris dan Direksi pada tanggal 9 Januari 2018.            Commissioners and Directors on January 9th, 2018. Throughout 2024
  Sepanjang tahun 2024 tidak terdapat laporan kejadian benturan       there was no report on conflict of interest which had impact on
  kepentingan yang berakibat terhadap reputasi SPINDO.                SPINDO’s reputation.




             Kinerja Ekonomi                    Kinerja Sosial            Kinerja Lingkungan             Indeks POJK & Standar GRI          55
          Economic Performance                Social Performance      Environmental Performance          POJK Index & GRI Standard           4
Page 64
                                                                                                                    2024 Sustainability Report




Pengembangan Kompetensi Dewan Komisaris dan Direksi |
                                                                            [E.2][102-27]
Competency Development of the Board of Commissioners and Board of Directors
Dewan Komisaris dan Direksi diberi fasilitas oleh Perseroan untuk              The Company’s Board of Commissioners and Directors are provided
meningkatkan kompetensi secara berkelanjutan sehingga dapat                    with facilities to continuously improve their competence so that the
efektivitas pelaksanaan fungsi, tugas dan peran Dewan Komisaris                effectiveness of implementing the functions, duties, and roles of the
dan Direksi dapat berjalan dengan baik. Rencana program pelatihan              Board of Commissioners and Directors can run well. The training
(pengembangan kompetensi) bagi Anggota Dewan Komisaris dan                     program plan (competency development) for members of the Board
Direksi ditetapkan dalam rencana bisnis tahunan yang menjadi satu-             of Commissioners and Directors is stipulated in the annual business
kesatuan dalam rencana program pengembangan SDM tahunan.                       plan, which is an integral part of the annual HR development program
                                                                               plan.




Penilaian Kinerja Direksi dan Dewan Komisaris |
                                                                   [102-28]
Performance Assessment of the Board of Directors and Commissioners

Penilaian Kinerja Direksi dan anggota Direksi dievaluasi langsung              Performance Assessment of the Board of Directors and members of
oleh Pemegang Saham dalam RUPS. Secara umum, kinerja Dewan                     the Board of Directors are assessed directly by the Shareholders in
Komisaris dan Direksi baik secara individu maupun kolegial                     the GMS. In general, the performance of the Board of Commissioners
ditentukan berdasarkan tugas kewajiban yang tercantum dalam                    and the Board of Directors, both individually and collegially, is
peraturan perundang-undangan yang berlaku dan Anggaran Dasar                   determined based on the duties and obligations stipulated in the
Perseroan maupun amanat RUPS.                                                  applicable laws and regulations and the Company’s Articles of
                                                                               Association, and the GMS mandate.


Kriteria evaluasi formal disampaikan secara terbuka kepada Anggota             Formal evaluation criteria are submitted openly to the members of the
Direksi sejak tanggal pengangkatannya sebagaimana tercantum                    Board of Directors from the date of their appointment as stated in the
dalam target kinerja Direksi secara kolegial maupun individual. Kinerja        performance targets of the Board of Directors, both collegially and
Direksi menjadi perhatian Utama Dewan Komisaris, dimana                        individually. The Board of Directors performance is the main concern
pengawasan atas jalannya pengurusan Perseroan oleh Direksi                     of the Board of Commissioners, while the supervision of the
merupakan salah satu tugas pokok dan fungsi dari Dewan Komisaris               Company’s management by the Board of Directors is one of the main
Perseroan.                                                                     duties and functions of the Board of Commissioners.


Hasil evaluasi kinerja masing-masing Anggota Direksi secara                    The results of the performance assessment of each Member of the
individual, baik yang disampaikan oleh Dewan Komisaris maupun                  Board of Directors individually, both submitted by the Board of
yang disampaikan langsung oleh Direksi dalam RUPS merupakan                    Commissioners or submitted directly by the Board of Directors in the
salah satu dasar pertimbangan bagi Pemegang Saham melalui Rapat                GMS, is one of the primary considerations for Shareholders for the
Umum pemegang Saham untuk pemberhentian dan/atau                               dismissal and/or reappointment of the relevant Member of the Board
mengangkat kembali Anggota Direksi yang bersangkutan.                          of Directors at the GMS.




56                    Tentang Kami                   Strategi Keberlanjutan                 Profil Perusahaan               Tata Kelola Keberlanjutan
 4                      About Us                     Sustainability Strategy                Company Profile                 Sustainability Governance
Page 65
Laporan Keberlanjutan 2024




  Keefektifan Proses Manajemen Resiko [E.3][102-11,30]
  Effectiveness of Risk Management Processes



  Manajemen Risiko adalah salah satu cara yang dilakukan untuk            Risk management is a measure to prevent the emergence of various
  menghindari timbulnya berbagai risiko baik segi kuantitatif maupun      quantitative and qualitative risks that may cause harm to the
  kualitatif yang dapat menyebabkan kerugian perusahaan dan               Company and its business development. Risk management
  pengembangan usahanya. Penerapan manajemen risiko telah                 implementation has been carried out in several stages. From time to
  dilakukan dengan beberapa tahapan yang dari waktu ke waktu terus        time continues to be adapted to the development of a very dynamic
  disesuaikan dengan perkembangan situasi makro yang sangat               macro situation in the industrial era 4.0.
  dinamis di era industri 4.0.


  Perseroan berkomitmen untuk melaksanakan usaha secara efektif           The Company is committed to carrying out its business effectively to
  guna meminimalkan risiko. Sebagai penanda telah termitigasinya          minimize risks. As a sign that the risk has been mitigated, the
  risiko, maka Perseroan bebas dari risiko yang timbul sesuai             Company is free from risks that arise according to the risk
  identifikasi risiko yang telah dilakukan. Dengan tidak munculnya         identification that has been carried out. The absence of identified risks
  risiko-risiko yang telah diidentifikasi berarti daya guna pelaksanaan    means that the effectiveness of risk management system
  sistem manajemen risiko telah berjalan dengan baik.                     implementation has been running well.



  Prinsip Kehati-hatian | Prudential Principle [102-11]
  SPINDO telah memiliki Divisi Internal Audit guna menjalankan proses     SPINDO has established Internal Audit Division to execute the
  evaluasi atas efektivitas, efisiensi ser ta kepatuhan dalam              process of evaluation over effectiveness, efficiency and compliance in
  pelaksanaan sistem pengendalian internal. Tim ini memiliki kualifikasi   the implementation of the internal control system. The team has
  profesi dan kompetensi yang ditandai dengan sertifikat profesi           professional qualifications and competence confirmed by the internal
  auditor internal di bidang Internal Audit dan Manajemen Risiko baik     audit profession certificate in the field of Internal Audit and Risk
  dari lembaga Nasional maupun Internasional.                             Management from national and international institutions.


  Selain itu, Perseroan juga memiliki Komite Audit yang bersifat          Furthermore, the company have also formed an Independent Audit
  independen. Komite ini juga secara berkala melakukan pengawasan         Committee. The Committee also carries out supervision functions
  dan meminta laporan terhadap keseluruhan aktivitas SPINDO dan           and requests for reports on the overall activities of SPINDO and its
  juga entitas anaknya.                                                   subsidiaries entity on a regular basis.




  Sistem Pengendalian Internal | Internal Control System [102-11]
  Penerapan sistem pengendalian internal telah dilaksanakan oleh          The implementation of the internal control system was carried out by
  Auditor Internal dengan review atas efektivitas pengendalian            internal auditors who reviewed the effectiveness of financial controls,
  keuangan diantaranya mengenai kebijakan waktu pengumpulan               including the policy regarding the collection time of trade receivables,
  piutang usaha, jadwal pelunasan / waktu pelunasan pinjaman atas         collectability of the purchase of raw materials, and financial loans
  pembelian bahan baku dan pinjaman keuangan dari pihak ke tiga, dan      from third parties, and production operations including the efforts
  operasional produksi diantaranya upaya yang telah dilakukan dalam       that have been made carried out in production yield efficiency,
  efisiensi yield produksi, termasuk ketaatan Perseroan terhadap           including the Company’s compliance with the applicable laws and
  pelaksanaan perundang-undangan dan peraturan-peraturan yang             regulations that are directly related to the Company’s business.
  berlaku yang berkaitan secara langsung dengan usaha Perseroan.
                                                                          In 2024, the Internal Auditor did not find any material deviations
  Pada tahun 2024, Auditor Internal tidak menemukan penyimpangan          related to systems, procedures, and operations.
  material yang berkaitan dengan sistem, prosedur dan operasi.



              Kinerja Ekonomi                 Kinerja Sosial                  Kinerja Lingkungan             Indeks POJK & Standar GRI        57
           Economic Performance             Social Performance            Environmental Performance          POJK Index & GRI Standard         4
Page 66
                                                                                                                       2024 Sustainability Report




Anti Korupsi | Anti Corruption [205-1, 205-3]
Perseroan senantiasa menerapkan pengendalian internal dan                      The Company continuously implements internal controls and
melakukan monitoring secara efektif untuk mengantisipasi kegiatan              monitors operational activities that are considered risks related to
operasional yang dinilai memiliki risiko terkait korupsi. Hal ini telah        corruption. This has been regulated in the Code of Conduct which
diatur dalam Pedoman Perilaku yang telah disahkan oleh Dewan                   was approved by the Board of Commissioners and Directors on
Komisaris dan Direksi pada tanggal 9 Januari 2018.                             January 9th, 2018.


Sepanjang tahun 2024, tidak ada laporan tentang adanya tindak                  Throughout 2024, there were no reports of any acts of corruption in
korupsi di Perseroan.                                                          the Company.




                                                                                                                          [205-1, 205-3]
Pelaksanaan Inisiatif Operasi Yang Adil | Implementation Of Fair Operation Initiatives

Setiap karyawan Perseroan diwajibkan melaksanakan budaya anti                  Every employee is obligated to apply anti-corruption culture in its
korupsi dalam operasionalnya. Selain guna terhindar dari masalah               daily operations which aims to deter legal problem while at the same
hukum, hal ini juga akan menciptakan budaya efisien dan transparan.             time it will build a culture of efficiency and transparency.
1.   Kampanye Anti Korupsi                                                     1. Anti-Corruption Campaign
     Demi mewujudkan lingkungan usaha yang bersih dan sehat,                       The Company is committed to safeguarding the integrity instilled
     Perseroan senantiasa menjaga integritas dari seluruh Insan                    in all members of the Company in order to create a healthy and
     Perseroan. Perseroan dengan tegas menolak adanya praktik                      clean business environment. The Company unequivocally rejects
     KKN (Korupsi, Kolusi dan Nepotisme). Sebagai dasar                            corruption, collusion and nepotism practices. The basis of the
     kebijakannya, melalui Surat Keputusan Bersama Dewan                           policy is the Joint Decree of the Board of Commissioners and
     Komisaris dan Direksi tentang Pedoman Tata Kelola Perusahaan                  Directors on Corporate Governance Guidelines and Code of
     dan Pedoman Etika Perilaku, Perseroan menyatakan komitmen                     Ethics and Conduct in which stated the Company’s commitment
     untuk melaksanakan proses bisnis dengan mengutamakan etika                    to implementing a business process that emphasizes ethics of
     dalam berbisnis dan berperilaku. Bentuk komitmen tersebut                     doing business and conduct. The manifestation of such
     antara lain larangan adanya benturan kepentingan dalam                        commitments including a prohibition of conflict of interest in
     menjalankan proses bisnis, larangan menerima dan memberi                      executing business process, prohibition of accepting and giving
     suap, larangan gratifikasi. Sosialisasi mengenai hal ini dilakukan             bribes and prohibition of gratification. Socialization activities in
     sebanyak minimal 1 (satu) kali, melalui media komunikasi (baik                respect of these policies were conducted at least once a year,
     lisan maupun tertulis) yang ada di perusahaan. Upaya                          through company’s media communication (both oral and written).
     awareness juga dilakukan dengan memasukkan materi anti                        Activities to enhance awareness were also incorporated in the
     korupsi dalam orientasi karyawan baru. Ini dilakukan agar anti                new employee orientation program by inserting topics on anti-
     korupsi benarbenar dimengerti dan diimplementasikan dalam                     corruption. The aim is to increase employees’ understanding
     aktivitas operasional sehari-hari dan menjadi budaya                          about anti-corruption and implementing it in the daily operational
     perusahaan.                                                                   activities and to become corporate culture.


2.   Persaingan Usaha yang Sehat                                               2. Healthy Business Competition
     Operasional Perseroan juga menjunjung tinggi persaingan                       The company’s operation also values a healthy business
     usaha yang sehat serta menghargai hak kepemilikan setiap                      competition and respects property rights of every stakeholder for
     Pemangku Kepentingan. Hal ini sangat mendukung operasional                    it will provide strong support to fair operations and to stave off
     yang adil dan terhindar dari berbagai tuntutan dan sanksi hukum.              lawsuits and legal sanctions. Furthermore, it will increase the
     Selain itu, rumusan ini juga akan mendukung peningkatan citra                 Company’s positive image to stakeholders.
     perusahaan kepada para Pemangku Kepentingan.



58                      Tentang Kami                 Strategi Keberlanjutan                  Profil Perusahaan                 Tata Kelola Keberlanjutan
 4                        About Us                   Sustainability Strategy                 Company Profile                   Sustainability Governance
Page 67
Laporan Keberlanjutan 2024




  3.   Transparansi Pengadaan Barang dan Jasa                          3. Transparency in Goods and Services Procurement
       Perseroan memberikan kesempatan yang sama kepada semua               The Company provides equal opportunities to all parties to
       pihak untuk menjadi mitra dalam proses pengadaan barang dan          become partners in goods and services procurement, according
       jasa, sesuai dengan persyaratan yang ditetapkan. Semua               to established requirements. All provisions and information
       ketentuan dan informasi mengenai pengadaan barang dan jasa,          pertaining to goods and services procurement including
       termasuk syarat teknis administrasi pengadaan, tata cara             procurement administrative requirements, evaluation
       evaluasi, hasil evaluasi, penetapan calon penyedia barang dan        procedures, evaluation results, determining goods and services
       jasa, sifatnya terbuka bagi peserta penyedia barang dan jasa         supplier candidates are open to all interested suppliers.
       yang berminat.




                                                                                                                   [413-2]
  Pencapaian CSR di Bidang Operasi Yang Adil | CSR Achievements In Fair Operations
  Sepanjang tahun 2024, Perseroan menerima nihil laporan atas          Throughout 2024, the Company received zero report of an unfair
  temuan adanya tindakan operasional yang tidak adil. SPINDO           operational process. SPINDO believes such achievement is part of its
  meyakini bahwa pencapaian ini merupakan bagian upaya Perseroan       efforts in meeting all regulations, particularly in the information
  dalam memenuhi berbagai regulasi, khususnya di bidang                disclosure and GCG aspects. The zero complaints either from
  keterbukaan informasi dan Tata Kelola Perusahaan yang baik. Tidak    employees or customers in regards to unfair practices that may lead
  adanya pengaduan yang diterima baik dari karyawan maupun             to material impact indicates that SPINDO has conducted a fair
  pelanggan terkait praktik ketidakadilan yang berdampak material      operation in related industries.
  menunjukan bahwa SPINDO telah melaksanakan kegiatan operasi
  yang adil di industri terkait.




                                                                                                                  [102-35]
  Kebijakan Remunerasi Dewan Komisaris & Direksi
  Remuneration Policy for the Board of Commissioners and the Board of Directors


  Kebijakan Remunerasi Direksi dan Dewan Komisaris disesuaikan         The remuneration policy for the Board of Directors and
  dengan kondisi keuangan dan kinerja Perseroan dan ditetapkan         Commissioners is adjusted to the financial condition and the
  melalui Rapat Umum Pemegang Saham (RUPS) Tahunan.                    Company performance and is determined through the Annual
                                                                       General Meeting of Shareholders (GMS).




              Kinerja Ekonomi                Kinerja Sosial                Kinerja Lingkungan             Indeks POJK & Standar GRI     59
           Economic Performance            Social Performance          Environmental Performance          POJK Index & GRI Standard      4
Page 68
                                                                                                                                  2024 Sustainability Report




Keterlibatan Pemangku Kepentingan [E.4][102-21,40,43,44]
Stakeholder Engagement


Pelibatan pemangku kepentingan diarahkan pada kepentingan                             Stakeholder involvement is directed at the Company’s business
usaha Perseroan dalam membangun komunikasi dengan berbagai                            interests in establishing communication with various strategic
mitra strategis. Berikut tabel pelibatan pemangku kepentingan:                        partners. The following table includes stakeholder engagement:



Pemangku Kepentingan [102-40]         Metode Pelibatan [102-43]               Frekuensi Pertemuan [102-21,102-43]               Topik yang Dibahas [102-44]
      Stakeholder                     Involvement Methods                          Meeting Frequency                               Discussed Topics

Karyawan                Employee Gathering                                Menyesuaikan dengan perayaan               Menyesuaikan dengan perayaan hari besar
Employees               Employee Gathering                                hari besar tertentu                        tertentu
                                                                          Adjusted to the religious event            Adjusted to the religious event
Pemegang Saham          RUPS Tahunan dan RUPS Luar Biasa                  Satu kali dalam setahun dan                RUPS Tahunan dan RUPS Luar Biasa
Shareholders            Annual GMS and Extraordinary GMS                  sesuai kebutuhan                           Annual GMS and Extraordinary GMS
                        Survei Kepuasan Pelanggan                         Once a year and as required
                        Customers Satisfaction Survey
Pelanggan               Customer Gathering                                Setahun sekali (jika diperlukan)           Tingkat kepuasan pelanggan
Customers               Customers Gathering                               Once a year if deemed necessary            Customers Satisfaction Level
                                                                          Secara berkala                             Penjelasan spesifikasi produk dan pelatihan
                                                                          Periodically                               aplikasi pipa baja
                                                                                                                     Explanation of product specifications and
                                                                                                                     application training of steel pipes
                        Pameran                                           Secara berkala                             Untuk memperkenalkan produk kepada
                        Exhibition                                        Periodically                               masyarakat luas dan untuk lebih
                                                                                                                     mendekatkan kepada pengguna akhir
                                                                                                                     to introduce the product to the general public
                                                                                                                     and to get closer to the end user
Mitra Bisnis/Pemasok/ Kontrak Kerja                                       Sesuai kebutuhan                           Proses evaluasi yang Obyektif
Vendor                  Work Contract                                     According to the needs                     Objective Evaluation Process
Business Partners/      Vendor Gathering                                  Sesuai kebutuhan                           Hubungan dan komunikasi yang efektif
Suppliers/Vendors       Vendor Gathering                                  According to the needs                     dengan mitra bisnis
                                                                                                                     Effective relation and communication with
                                                                                                                     business partners
Media                   Media gathering                                   Minimal Setahun Sekali pada saat           Kinerja Perseroan, Corporate Action
Medias                  Media gathering                                   Public Expose                              The Company’s performance, Corporate
                                                                          Minimum once a year during                 Action
                                                                          Public Expose
                        Press Release & Press Conference                  Minimal Setahun Sekali pada saat
                        Press Release & Press Conference                  Public Expose
                                                                          Minimum once a year during
                                                                          Public Expose
Masyarakat/LSM          Kerjasama Kegiatan Corporate                      Secara berkala                             Hubungan yang harmonis dengan
Public/NGO              Social Responsibility (CSR)                       Periodically                               masyarakat/LSM
                        CSR Activities Cooperation                                                                   Harmonious relation with Public/NGO
Asosiasi Industri       Seminar, Workshop, Pemilihan Ketua & Sesuai undangan dari asosiasi                           Hubungan yang harmonis dengan
Industry Association    Pengurus Asosiasi.                                According to the invitation from           anggota asosiasi yang lain
                        Seminars, Workshops, Elections of                 the association                            Harmonious relationship with other
                        Association Chairman & Administrator.                                                        association members




60                     Tentang Kami                       Strategi Keberlanjutan                      Profil Perusahaan                    Tata Kelola Keberlanjutan
 4                       About Us                         Sustainability Strategy                     Company Profile                      Sustainability Governance
Page 69
Laporan Keberlanjutan 2024




  Penetapan dan Periode Pelaporan [102-46, 102-50]
  Determination and Reporting Period


  Laporan Keberlanjutan 2024 ini merupakan Laporan Keberlanjutan                The 2024 Sustainability Report is the Company’s third Sustainability
  ketiga Perseroan yang mengungkapkan kinerja ekonomi, sosial dan               Report that discloses economic, social, and environmental
  lingkungan. Melalui Laporan Keberlanjutan ini, diharapkan Perseroan           performance. Through this Sustainability Report, it is expected that
  dapat meningkatkan keterbukaan informasi kepada para pemangku                 the Company can increase information disclosure to stakeholders. [102-
  kepentingan. [102-45,102-51,102-52]                                           45, 102-51, 102-52]




                                                                     [102-46]
  Penetapan Laporan | Determination Report
  Dalam menentukan isi laporan keberlanjutan ini, Perseroan                     In determining the content of this sustainability report, the Company
  menggunakan uji materialitas atas semua topik-topik yang relevan              uses a materiality test on all relevant topics to the Company’s
  dengan keberlanjutan usaha Perseroan dengan mengambil topik                   business sustainability by using sustainability topics that refer to the
  keberlanjutan yang mengacu pada Panduan Pelaporan                             Sustainability Reporting Guidelines from the Global Reporting
  Keberlanjutan dari Global Reporting Initiatives (GRI Standard). Untuk         Initiatives (GRI Standard). To determine the material topics in this
  menentukan topik yang material dalam laporan ini, Perseroan                   report, the Company conducts a materiality test based on the GRI
  melakukan uji materialitas berdasarkan prinsip-prinsip standar GRI            Standard principles as follows:
  sebagai berikut:


  1. Inklusivitas Pemangku Kepentingan                                          1. Stakeholder Inclusivity
      Dengan melibatkan Pemangku Kepentingan dalam penentuan                          By involving Stakeholders in determining the material topics
       topik material yang diungkapkan dalam laporan ini melalui survey               disclosed in this report through a materiality aspect survey.
       aspek materialitas.


  2. Konteks Keberlanjutan                                                      2. Sustainability Context
      Isu atau topik yang berhubungan dengan konteks keberlanjutan                    Issues or topics related to sustainability context include economic,
       meliputi topik ekonomi, lingkungan dan sosial. Dalam hal ini,                  environmental, and social topics. In this case, sustainability can be
       keberlanjutan bisa diartikan sebagai kelestarian.                              defined as a conservancy.


  3. Materialitas                                                               3. Materiality
      Prinsip ini dilakukan dengan menentukan konten laporan melalui                  This principle is carried out by determining the content of the
       prosedur penetapan materialitas dengan mengidentifikasi topik                   report through the determination of materiality by identifying
       spesifik, kemudian menetapkan bobot dari masing-masing topik                    specific topics, then determining the value of each topic through a
       tersebut melalui uji materialitas sehingga diperoleh topik yang                materiality test so that material topics are obtained, namely topics
       material, yakni topik yang dinilai relevan, menjadi prioritas dan              that are considered relevant, priority and essential to convey.
       penting untuk disampaikan.
                                                                                4. Complete
  4. Lengkap                                                                          Conduct testing on material topics, including data availability and
      Melakukan pengujian atas topik yang material mencakup                           setting boundaries to reflect significant economic, environmental,
       ketersediaan data maupun penetapan batasan (boundary)                          and social impacts.
       sehingga mencerminkan dampak ekonomi, lingkungan dan sosial
       yang signifikan.


  Penyusunan konten Laporan Keberlanjutan dilakukan mengikuti 4                 The preparation of the Sustainability Report content is carried out
  (empat) langkah sesuai panduan standar GRI, berikut diagram                   following 4 (four) steps according to the GRI Standard guidelines, the
  langkah penyusunan tersebut:                                                  following is a diagram of the steps for the preparation:



                Kinerja Ekonomi                   Kinerja Sosial                    Kinerja Lingkungan              Indeks POJK & Standar GRI           61
             Economic Performance               Social Performance              Environmental Performance           POJK Index & GRI Standard            4
Page 70
                                                                                                                    2024 Sustainability Report




                 Langkah 1 | Step 1              Langkah 2 | Step 2                  Langkah 3 | Step 3



                                                                                                                        Laporan
               Konteks Keberlanjutan                Materialitas                            Lengkap
                                                                                                                    Keberlanjutan dari
               Sustainability Context               Materiality                             Complete
                                                                                                                      Sustainability
                                                                                                                       Reports of
                                       Pelibatan Pemangku Kepentingan
                                            Stakeholders Involvement



                                                 Langkah 4 | Step 4



                        Konteks Keberlanjutan                     Pelibatan Pemangku Kepentingan
                        Sustainability Context                         Stakeholders Involvement



Selanjutnya, konten laporan dievaluasi untuk memenuhi 6 (enam)                Furthermore, the report content is evaluated to meet the 6 (six) quality
prinsip kualitas yang direkomendasikan oleh GRI, yaitu:                       principles recommended by GRI, namely:
1. Akurasi                                                                    1. Accuracy
     Informasi yang disajikan harus akurat dan detail sehingga dapat             The information presented must be accurate and detailed so that
     digunakan oleh para pemangku kepentingan untuk menilai                      stakeholders may use it to assess the Company’s performance.
     kinerja perusahaan.                                                      2. Balance
2. Keseimbangan                                                                  The Company’s performance presented shall contain both positive
     Kinerja perusahaan yang disajikan harus memuat aspek positif                and negative aspects to be assessed rationally and thoroughly.
     maupun negatif sehingga dapat dinilai secara rasional dan
     menyeluruh.                                                              3. Clarity
3. Kejelasan                                                                     The information presented shall be easy to understand and open
     Informasi yang disajikan harus mudah dipahami dan terbuka bagi              for stakeholders to access.
     para pemangku kepentingan untuk diakses.                                 4. Comparability
4. Daya Banding                                                                  The information presented shall be consistent and may be used by
     Informasi yang disajikan harus konsisten dan dapat digunakan                stakeholders to assess changes in performance that occur in the
     oleh pemangku kepentingan untuk menilai perubahan kinerja                   Company within a certain period by including data and information
     yang terjadi pada perusahaan dalam jangka waktu tertentu                    from several years before the reporting period used.
     dengan menyertakan data dan informasi untuk beberapa tahun
     sebelum periode pelaporan yang digunakan.                                5. Reliability
5. Keandalan                                                                     The report shall contain and use the information and the processes
     Laporan harus memuat dan menggunakan informasi serta proses                 used in preparing the report, which can be checked and reflect the
     yang digunakan dalam menyiapkan laporan, yang dapat                         quality and materiality of the information presented.
     diperiksa dan mencerminkan kualitas dan materialitas dari
     informasi yang disajikan.                                                6. Punctuality
6. Ketepatan Waktu                                                               Reports shall be published regularly so that stakeholders can make
     Laporan harus diterbitkan secara rutin sehingga pemangku                    timely decisions based on available information.
     kepentingan dapat mengambil keputusan secara tepat waktu
     berdasarkan informasi yang tersedia.



62                     Tentang Kami                 Strategi Keberlanjutan                     Profil Perusahaan            Tata Kelola Keberlanjutan
 4                       About Us                   Sustainability Strategy                    Company Profile              Sustainability Governance
Page 71
Laporan Keberlanjutan 2024




   Aspek Materialitas dan Batasan | Materiality Aspects and Boundaries [G.3][102-47]

    Topik material dan batasannya dilakukan dengan cara melakukan                                        Material topics and the boundaries are determined using materiality
    analisis materialitas. Analisis materialitas merupakan proses untuk                                  analysis. Materiality analysis is a process to determine material topics
    menentukan topik material yang relevan dengan kegiatan bisnis                                        that are relevant to the Company’s business activities and have a
    Perseroan serta berpengaruh dan berdampak secara signifikan bagi                                      significant impact on stakeholders. The material topics are illustrated
    para pemangku kepentingan. Topik material tersebut tergambar                                         in the following materiality tables and graphs:
    dalam tabel dan grafik materialitas sebagai berikut:
  PENGARUH PADA PENILAIAN DAN KEPUTUSAN

     IMPACT ON RATING AND SATISFACTION


                                          Tinggi |
                                           High
        PARA PEMANGKU KEPENTINGAN




                                                                                                                                                          Kategori Ekonomi |
                                                                                                                                                          Economic Category
               STAKEHOLDERS

                                          Sedang |
                                          Medium




                                                                                                                                                          Kategori Sosial |
                                                                                                                                                          Social Category
                                          Rendah |




                                                                                                                                                          Kategori Lingkungan |
                                            Low




                                                                                                                                                          Environmental Category



                                                       Rendah | Low         Sedang | Medium                 Tinggi | High

                                                         SIGNIFIKANSI DAMPAK EKONOMI, LINGKUNGAN, DAN SOSIAL
                                                     SIGNIFICANCE OF ECONOMIC, ENVIRONMENTAL AND SOCIAL IMPACTS


    Penentuan topik material dilakukan melalui masukan dari para                                         Determination of material topics is carried out through input from
    pemangku kepentingan yang kemudian diklasifikasikan menjadi tiga                                      stakeholders which are then classified into three categories based on
    kategori berdasarkan prioritas tingkatan dan batasan yaitu Rendah,                                   priority levels and boundaries, namely Low, Medium and High. In this
    Sedang dan Tinggi. Pada Laporan Keberlanjutan ini aspek materialitas                                 Sustainability Report, the materiality aspect is selected from the
    dipilih dari hasil survei yang memiliki nilai atau skor tinggi (high) yang                           survey results that have high score, which is considered to have
    dianggap memiliki signifikansi dampak ekonomi, lingkungan dan                                         significant economic, environmental, and social impacts from the
    sosial dari perspektif para pemangku kepentingan. Namun demikian                                     stakeholders’ perspective. However, the disclosure of the
    dalam pengungkapan konten laporan keberlanjutan diperkaya                                            sustainability report content is enriched by the practices that have
   dengan praktik yang telah dilakukan di Perseroan                                                  .   been carried out in the Company [G.3][103-1,103-2,103-3].
                                                                             [G.3][103-1, 103-2,103-3]




   Pada tahun ini, tidak terdapat informasi terkait perubahan topik                                      This year, there is no information related to changes in material topics[102-48,
   material[102-48,102-49]. Berikut tabel topik material yang dibahas:                                         . The following is a table of material topics discussed:
                                                                                                         102-49]




  Periode Laporan | Reporting Period [102-50,51,52]
    Laporan keberlanjutan diterbitkan setiap tahun yang mengungkapkan kinerja                            IA sustainability report is published annually that discloses the Company’s
    keberlanjutan Perseroan dengan periode pelaporan 1 Januari 2024 hingga 31                            sustainability performance with a reporting period from 1 January 2024 to 31
    Desember 2024. Perseroan berkomitmen untuk menerbitkan laporan                                       December 2024. The Company is committed to publishing a sustainability
    keberlanjutan secara periodik setiap tahunnya untuk menyajikan kinerja                               report periodically every year to present sustainability performance to
    keberlanjutan kepada para pemangku kepentingan yang mencakup kinerja                                 stakeholders, including economic, social, and environmental performance.
    ekonomi, sosial dan lingkungan.




                                   Kinerja Ekonomi                      Kinerja Sosial                       Kinerja Lingkungan                  Indeks POJK & Standar GRI          63
                                Economic Performance                  Social Performance                 Environmental Performance               POJK Index & GRI Standard           4
Page 72
                                                                                                                    2024 Sustainability Report




           Kategori Ekonomi | Economic Category
     No.                            Isu/Topik | Issue/Topic [102-47]                             Batasan & Dampak | Boundaries & Impacts [102-46]
                                                                                                  Internal Organisasi       Eksternal Organisasi
                                                                                                 Internal Organization      External Organization

1.          Kinerja Ekonomi
                                                                                                                ü                         ü
            Economic Performance
2.          Nilai Ekonomi Langsung yang Dihasilkan dan Didistribusikan
                                                                                                                ü                         ü
            Direct Economic Value Generated and Distribute
3.          Implikasi Finansial serta Risiko dan Peluang Lain Akibat dari Perubahan Iklim
                                                                                                                ü                         ü
            Financial implications and other risks and opportunities due to climate change
4.          Inovasi & Pengembangan Produk dan Jasa
                                                                                                                ü                         ü
            Innovation & Development of Products and Services
5.          Penilaian Dampak Kesehatan dan Keselamatan Produk & Jasa
                                                                                                                ü                         ü
            Assessment of the Health and Safety Impacts of Products & Services



           Kategori Sosial | Social Category
     No.                            Isu/Topik | Issue/Topic [102-47]                             Batasan & Dampak | Boundaries & Impacts [102-46]
                                                                                                  Internal Organisasi       Eksternal Organisasi
                                                                                                 Internal Organization      External Organization

1.          Berkomitmen untuk Meningkatkan Mutu Kehidupan
                                                                                                                ü                         ü
            Commitment to Improving the Quality of Life
2.          Pengelolaan Sumber Daya Manusia
                                                                                                                ü                          -
            Human Resource Management
3.          Keselamatan & Kesehatan Kerja (K3)
                                                                                                                ü                         ü
            Occupational Safety & Health (OSH)
4.          Pengembangan Masyarakat
                                                                                                                ü                         ü
            Community Development



           Kategori Lingkungan | Environmental Category
     No.                            Isu/Topik | Issue/Topic [102-47]                             Batasan & Dampak | Boundaries & Impacts [102-46]
                                                                                                  Internal Organisasi       Eksternal Organisasi
                                                                                                 Internal Organization      External Organization

1.          Produksi dalam Keberlanjutan
                                                                                                                ü                         ü
            Production in Sustainability
2.          Material yang Digunakan Untuk Proses Manufaktur
                                                                                                                ü                          -
            Materials Used for Manufacturing Processes
3.          Konsumsi Energi Dalam Produksi
                                                                                                                ü                          -
            Energy Consumption in Production
4.          Pemanfaatan Air
                                                                                                                ü                          -
            Water Utilization
5.          Emisi dan Gas Buang
                                                                                                                ü                         ü
            Emission and Exhaust Gasses
6.          Pengelolaan Limbah Berbahaya
                                                                                                                ü                         ü
            Disposal Method of Hazardous Waste




64                        Tentang Kami                      Strategi Keberlanjutan           Profil Perusahaan             Tata Kelola Keberlanjutan
 4                          About Us                        Sustainability Strategy          Company Profile               Sustainability Governance
Page 73
Laporan Keberlanjutan 2024




           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   65
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard    5
Page 74
                                                                                                                  2024 Sustainability Report




Membangun Budaya Keberlanjutan [F.1]
Building A Sustainable Culture




SPINDO akan terus memberikan kontribusi maksimal bagi                      SPINDO will continue to generate a maximum contribution for the
pertumbuhan ekonomi para pemangku kepentingan, meliputi                    economic growth of stakeholders, namely customers, suppliers, the
konsumen, pemasok, pemerintah, investor, pekerja, dan masyarakat.          Government, investors, workers, and the communities. We plan to
Kontribusi tersebut akan terus ditingkatkan melalui strategi               increase our contribution through Company’s development and
pengembangan dan pertumbuhan perusahaan yang disetujui oleh                expansion strategies approved by the Board of Commissioners.
Dewan Komisaris.


Perusahaan juga patuh terhadap berbagai kewajiban ekonomi                  The Company also complies with various economic obligations to the
terhadap negara seperti pembayaran pajak dan penerimaan negara             State such as tax payment and State Non-Tax Revenue. Likewise,
bukan pajak. Begitu pula pembayaran dividen kepada pemegang                dividend payments to shareholders will increase as company profits
saham akan meningkat seiring dengan meningkatnya laba                      increase. Other aspects the Company plans to improve are adequate
perusahaan. Pemberian imbal jasa kepada Pekerja yang memadai               fees to workers and maintain a good relationship with suppliers and
dan hubungan kerja yang baik dengan pemasok dan konsumen.                  customers. All four aspects mentioned above are effective indicators
Kesemuanya merupakan indikator yang efektif untuk mengukur                 to measure the economic impact coming from business activities.
dampak ekonomi dari bisnis yang dijalankan.




Kinerja Ekonomi Tahun 2024 | Economic Performance in 2024
                                                                                              Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                             Expressed in million of Rupiah, unless otherwise stated




     Nilai Ekonomi yang
     Didistribusikan
     Distributed Economic                                             Rp 5.759.625
     Value


                                                                                              Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                             Expressed in million of Rupiah, unless otherwise stated




     Nilai Ekonomi yang
     Ditahan
     Withdrawal Economic                                                   Rp 480.612
     Value



66                   Tentang Kami                Strategi Keberlanjutan                 Profil Perusahaan                 Tata Kelola Keberlanjutan
 5                     About Us                  Sustainability Strategy                Company Profile                   Sustainability Governance
Page 75
Laporan Keberlanjutan 2024


                                                                                                                                                    [F.2][201]
  Nilai Ekonomi Langsung yang Dihasilkan & Didistribusikan
  Direct economic value generated & distributed



                                                                                                         Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                        Expressed in million of Rupiah, unless otherwise stated


                                          Tabel Kinerja Keuangan | Table of Financial Performance

                      Uraian | Description                                                 2024                          2023                       2022

  Penjualan dan Pendapatan Jasa | Sales and Service Revenue                            6.118.364                       6.455.329                   6.255.945

  Laba Periode Berjalan | Income for the Period                                          530.063                         498.059                    305.849

  Laba Komprehensif Tahun Berjalan | Comprehensive Income for the Year                   531.385                         516.203                    421.010

  Jumlah Aset | Total Assets                                                           8.295.427                       7.971.708                   7.405.931

  Jumlah Liabilitas | Total Liabilities                                                3.251.676                       3.353.362                   3.261.396


  Pada tahun 2024 Perseroan berhasil mencatat penjualan dan                 In 2024 the Company managed to book sales and service revenues of
  pendapatan jasa sebesar Rp. 6,118 triliun, mengalami penurunan            IDR 6.118 trillion, experiencing decreased of IDR 337 billion or 5%
  sebesar Rp. 337 miliar atau 5% dibandingkan penjualan dan                 compared to that of in 2023.
  pendapatan jasa di tahun 2023.
                                                                            Total assets of the Company grew 4% compared to the previous year
  Jumlah Aset Perseroan tumbuh 4% jika dibandingkan dengan tahun            or recorded of Rp. 8.295 trillion.
  sebelumnya atau tercatat sebesar Rp. 8,295 triliun.


                                                                                                         Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                        Expressed in million of Rupiah, unless otherwise stated

   Tabel Nilai Ekonomi yang Dihasilkan dan Didistribusikan | Table of Generated and Distributed Economic Value
                             Uraian | Description                                                               2024                 2023            2022

                                             Nilai Ekonomi yang Dihasilkan | Generated Economic Value

  Penjualan dan Pendapatan Jasa | Sales and Service Revenue                                                    6.118.364           6.455.329        6.255.945

  Pendapatan lain-lain | Other income                                                                            121.873              143.118         154.567

  Jumlah Nilai Ekonomi yang Dihasilkan (A) | Total Generated Economic Value (A)                                6.240.237           6.598.447        6.410.512

                                           Nilai Ekonomi yang Didistribusikan | Distributed Economic Value
  Beban Pokok Pendapatan | Cost of Revenue                                                                     5.012.387           5.387.142        5.497.334

  Beban penjualan dan distribusi | Selling and distribution expenses                                             159.646              160.557         138.190

  Beban administrasi dan umum | General and administrative expenses                                              125.254              144.052         124.364

  Beban keuangan | Financial expenses                                                                            210.832              237.188         200.744

  Dividen | Dividend                                                                                             105.980                42.392         63.588

  Beban pajak | Tax expenses                                                                                     145.526              142.525          87.382

  Jumlah Nilai Ekonomi yang Didistribusikan (B) | Total Distributed Economic Value (B)                         5.759.625           6.113.856        6.111.602

  Nilai Ekonomi yang Ditahan (A-B) | Retained Economic Value (A-B)                                               480.612              484.591         298.910



              Kinerja Ekonomi                     Kinerja Sosial                Kinerja Lingkungan                     Indeks POJK & Standar GRI            67
           Economic Performance                 Social Performance          Environmental Performance                  POJK Index & GRI Standard             5
Page 76
                                                                                                                         2024 Sustainability Report




Kinerja ekonomi Perseroan tahun 2024 telah menciptakan nilai                 The Company's economic performance in 2024 has created a
ekonomi yang didistribusikan sebesar Rp. 5,8 triliun, turun 6%               distributed economic value of IDR 5.8 trillion, decreased by 6%
dibandingkan tahun 2023 sebesar Rp. 6,1 triliun. Adapun nilai                compared to 2023 of IDR 6.1 trillion. The retained economic value is
ekonomi yang ditahan sebesar Rp. 481 miliar, turun 0,8% dari Rp.             IDR 481 billion, decreased by 0.8% from IDR 485 billion in 2023.
485 miliar di tahun 2023.




                                                                                         [203-1,203-2]
Dampak Ekonomi Tidak Langsung | Indirect Economic Impact
Selain dari nilai ekonomi dan kinerja keuangan, produk dan jasa yang         In addition to the economic value and financial performance, the
ditawarkan SPINDO di bidang dan pasar yang beragam juga                      products and services offered by SPINDO in various fields and
memberikan nilai tambah pada perekonomian. Bisnis SPINDO telah               markets also provide added value to the economy. SPINDO’s
melekat di kehidupan masyarakat sehari-hari, mulai dari pipa baja            business has been embedded in people’s daily lives, ranging from
yang dikembangkan menjadi produk furnitur, kendaraan yang                    steel pipes manufactured into furniture products, daily use of vehicles,
digunakan sehari-hari, pembangunan konstruksi hingga infrastruktur           construction development to infrastructure that creates connection
yang mewujudkan konektivitas masyarakat, serta ekspor yang                   among communities, as well as exports that increase state income
mendorong penghasilan devisa negara. [203-1]                                 from foreign exchanges.[203-1]


Kontribusi terbesar perusahaan tidak semata pada aspek finansial              Our largest contribution is not just reflected by the financial aspect.
semata. Operasional kami di berbagai daerah telah secara langsung            Our operations in various regions have directly spurred the economy.
memacu putaran roda perekonomian. Banyaknya tenaga kerja yang                The amount of labour absorbed both directly and indirectly has
terserap, baik langsung maupun tidak langsung telah membantu                 helped lower the unemployment and poverty rate of these regions.
daerah dalam mengurangi pengangguran dan kemiskinan.        [203-2]          [203-2]




                                                                                                                                             [F.3]
Perbandingan Target dan Realisasi Kinerja | Comparison of Performance Target and Realisation
Berikut adalah perbandingan target dan realisasi kinerja Perseroan           Below is the comparison of performance target and realisation of the
pada tahun 2024 serta proyeksi di tahun 2025.                                Company in 2024 and projection in 2025.

                                                                                                       Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                     Expressed in millions of Rupiah, unless otherwise stated


                                                                                       2024                                      2025
                      Aset | Assets
                                                                Target | Target           Realisasi | Realization            Target | Target


      Penjualan dan Pendapatan Jasa                        7.000.000-7.500.000                    6.118.364             7.000.000-7.500.000
      Sales and Service Revenue




68                    Tentang Kami                 Strategi Keberlanjutan                     Profil Perusahaan                  Tata Kelola Keberlanjutan
 5                      About Us                   Sustainability Strategy                    Company Profile                    Sustainability Governance
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Laporan Keberlanjutan 2024



  Implikasi Finansial serta Resiko   dan Peluang Lain
                                [201-2]
  Akibat dari Perubahan Iklim
  Financial implications and other risks and opportunities due to climate change


  Industri pipa baja memainkan peran penting dalam berbagai sektor         The steel pipe industry plays a vital role in various sectors, including
  mulai dari infrastruktur, energi, hingga distribusi air. Namun,          infrastructure, energy, and water distribution. However, its
  ketergantungannya pada proses yang membutuhkan banyak energi             dependence on energy-intensive processes and traditional fossil
  dan metode produksi berbasis bahan bakar fosil tradisional               fuel-based production methods makes it a significant contributor to
  menjadikannya penyumbang emisi gas rumah kaca. Transisi ke operasi       greenhouse gas emissions. The transition to carbon-free operations
  tanpa karbon dalam industri ini tidak hanya penting bagi lingkungan      in this industry is not only crucial for the environment but also
  tetapi juga menghadirkan peluang ekonomi yang signifikan.                 presents significant economic opportunities.


  Perusahaan telah mengambil langkah untuk mendekarbonisasi                The company has taken steps to decarbonize its operations and
  operasinya dan mengembangkan produk dan layanan untuk                    develop products and services for use in low-carbon energy
  digunakan dalam aplikasi energi rendah karbon. Kami telah                applications. We have set a target to reduce the carbon intensity of
  menetapkan target untuk mengurangi tingkat intensitas emisi karbon       our operations by 30% by 2030.
  dari operasi kami sebesar 30% pada tahun 2030.


  Transisi ke produksi pipa baja rendah karbon melibatkan investasi        The transition to low-carbon steel pipe production involves
  besar dalam teknologi, infrastruktur, dan pelatihan tenaga kerja.        substantial investments in technology, infrastructure, and workforce
  Namun, manfaat ekonomi jauh lebih besar daripada biayanya dalam          training. However, the long-term economic benefits far outweigh the
  jangka panjang. Berikut manfaat ekonomi menuju produksi pipa baja        costs. Here are the economic benefits of transitioning to low-carbon
  rendah karbon :                                                          steel pipe production:
  Ÿ   Diferensiasi Pasar                                                   Ÿ    Market Differentiation
      Seiring meningkatnya permintaan global untuk produk                       As global demand for sustainable products increases, low-carbon
      berkelanjutan, pipa baja tanpa karbon memberikan keunggulan               steel pipes provide a competitive advantage in markets such as
      kompetitif di pasar seperti energi terbarukan, di mana pipa               renewable energy, where these pipes are integral to hydrogen
      tersebut merupakan bagian integral dari jaringan pipa hidrogen,           pipeline networks, solar panel supports, and wind turbine
      penyangga panel surya, dan struktur turbin angin.                         structures.
  Ÿ   Daya Saing Biaya dari Waktu ke Waktu                                 Ÿ    Cost Competitiveness Over Time
      Penurunan biaya dari energi terbarukan dengan kemajuan dalam              The declining costs of renewable energy, driven by advancements
      elektrifikasi, akan membuat pipa baja tanpa karbon layak secara            in electrification, will make low-carbon steel pipes economically
      ekonomi dan berpotensi lebih murah daripada opsi tradisional.             viable and potentially cheaper than traditional production options.
  Ÿ   Kepatuhan dan Insentif                                               Ÿ    Compliance and Incentives
      Penerapan peraturan karbon yang lebih ketat dan subsidi                   With the implementation of stricter carbon regulations and
      pemerintah untuk teknologi hijau, kami berusaha memulai lebih             government subsidies for green technologies, we aim to begin
      awal untuk produksi pipa baja rendah karbon untuk menghindari             low-carbon steel pipe production early to avoid penalties and take
      penalti serta mendapatkan keuntungan dari insentif finansial.              advantage of financial incentives.
  Ÿ   Meningkatnya Permintaan dari Proyek Keberlanjutan                    Ÿ    Increasing Demand from Sustainability Projects
      Inisiatif infrastruktur yang selaras dengan tujuan keberlanjutan,         Infrastructure initiatives aligned with sustainability goals, such as
      seperti sistem energi hijau dan jaringan daur ulang air, mendorong        green energy systems and water recycling networks, are driving
      permintaan untuk pipa baja ramah lingkungan.                              demand for environmentally friendly steel pipes.


  Selain itu, berinvestasi dalam teknologi zero carbon / low carbon        Moreover, investing in zero-carbon/low-carbon technology creates
  menciptakan peluang kerja baru di bidang teknik, energi terbarukan,      new job opportunities in fields like engineering, renewable energy, and
  dan manufaktur hijau, yang mendorong pertumbuhan dan ketahanan           green manufacturing, which drive economic growth and resilience.
  ekonomi.                                                                 This transition not only benefits the environment but also supports
                                                                           long-term, inclusive, and sustainable economic development.

              Kinerja Ekonomi                  Kinerja Sosial                  Kinerja Lingkungan             Indeks POJK & Standar GRI          69
           Economic Performance              Social Performance            Environmental Performance          POJK Index & GRI Standard           5
Page 78
                                                                                                                        2024 Sustainability Report




 Inovasi dan Pengembangan Produk & Jasa [F-26]
 Innovation and Development of Products & Services




Sesuai dengan Undang-Undang No. 8 Tahun 1999 tentang                           Adhering to Law No. 8 of 1999 concerning Consumer Protection, the
Perlindungan Konsumen, Perseroan selalu berusaha memberikan                    Company strives to provide the best services and solutions to
pelayanan dan solusi terbaik kepada pelanggan, serta bertanggung               customers and be responsible for the services and solutions provided.
jawab atas pelayanan dan solusi yang diberikan. Selain itu, Perseroan          In addition, the Company is also committed to provide equal services
juga berkomitmen untuk memberikan layanan yang setara atas                     to the products and services offered to its customers.
produk dan jasa yang ditawarkan kepada seluruh pelanggannya




                                  m                                              m                                            mm
             3,2                                              72                                                     9
      Produksi Pipa SSAW diameter 3,2 meter       Produksi Pipa SSAW terpanjang hingga                      Produksi Pipa diameter 9 mm dengan
            dengan ketebalan 25 mm                       72 meter tanpa sambungan                                    ketebalan 1,2 mm
  SSAW pipe manufacture with a diameter of         Production of the longest SSAW Pipe                       Manufacture Pipe diameter of 9 mm
       3.2 meters with a thickness of 25mm             up to 72 meters without joints                            with a thickness of 1.2 mm




              Blow                                                     GI
                                                              High Tensile
                                                                                                                  Kusakabe
              Galvanize                                     High Elongation
      Teknologi ‘Blow Galvanize’, memastikan      Komposisi Pipa SPINDO GI yang menghasil                Produksi Pipa ASTM A53 Sch 80 mengguna-
  kualitas lapisan yang seragam dan lebih baik            -kan kekuatan tarik tinggi dan                            kan mesin “Kusakabe”
  'Blow Galvanize' technology, ensures uniform                   perpanjangan tinggi                              (satu-satunya di Indonesia)
             and better coating quality          SPINDO GI Pipe composition which results in                ASTM A53 Sch 80 Pipe Production using
                                                    high tensile strength & high elongation                        the "Kusakabe" machine
                                                                                                                  (the only one in Indonesia)




 70                       Tentang Kami               Strategi Keberlanjutan                   Profil Perusahaan                Tata Kelola Keberlanjutan
  5                         About Us                 Sustainability Strategy                  Company Profile                  Sustainability Governance
Page 79
Laporan Keberlanjutan 2024



  Penilaian Dampak      Kesehatan dan Keselamatan
                [416, 417]
  Produk & Jasa
  Assessment of the Health and Safety Impacts of Products & Services



  Penilaian Pengembangan Produk, Manufaktur dan Sertifikasi |
  Product Development, Manufacturing and Certification Assessments

  Fasilitas produksi perusahaan menerapkan tiga teknik pengelasan                                          The company's production facilities implement three welding
  yaitu: High Frequency Welding (HFW), Spiral Submerged Arc                                                techniques: High Frequency Welding (HFW), Spiral Submerged Arc
  Welding (SSAW) untuk pipa koil, dan pengelasan Tungsten Inert Gas                                        Welding (SSAW) for coil pipes, and Tungsten Inert Gas (TIG) welding.
  ( TIG). Saat ini, PT Steel Pipe Industr y of Indonesia, Tbk                                              Currently, PT Steel Pipe Industry of Indonesia, Tbk operates six
  mengoperasikan enam fasilitas manufaktur di seluruh Indonesia                                            manufacturing facilities across Indonesia with a total of 38 production
  dengan total 38 lini produksi dimana setiap lini dapat dikalibrasi untuk                                 lines, where each line can be calibrated to produce various types of
  memproduksi berbagai jenis pipa baja.                                                                    steel pipes.


  Semua produk Perseroan telah berhasil mencapai standar sertifikasi                                        All of the company's products have successfully met both national
  baik nasional maupun internasional. Proses penjaminan mutu produk                                        and international certification standards. The product quality
  diverifikasi terhadap program evaluasi mutu yang ketat, yang                                              assurance process is verified through a strict quality evaluation
  diwujudkan dalam keberhasilan memperoleh sertifikat internasional                                         program, which has resulted in the successful acquisition of
  ISO dan API 5L. Sebagai bagian dari upaya memenuhi standar yang                                          international certifications such as ISO and API 5L. As part of its
  diakui secara internasional, SPINDO terus memenuhi sejumlah                                              efforts to meet internationally recognized standards, SPINDO
  standar mutu yang ditetapkan oleh badan akreditasi lokal dan                                             continues to comply with a range of quality standards set by both
  internasional, antara lain ASTM, BS, JIS, ISO, API, AS dan SNI.                                          local and international accreditation bodies, including ASTM, BS, JIS,
                                                                                                           ISO, API, AS, and SNI.



                                                                                                                                      FM 1630 - Certified
                                                                    Komite Akreditasi Nasional                                         UL 852 - Certified
                                                                           LP-1379-IDN
               Quality      Quality    Occupational Environmental
               IATF 16949   ISO 9001   Health and   ISO 14001
                                       Safety
                                       ISO 45001

                                                                                                                                                                                       2000
                  API5L - Certified
                                                                                              SIRIM                       SIRIM
                                                                                      Certified to MS 863 : 2010 Certified to BS EN 10255 : 2004
                                                                                         Cer. No. : PC011951         Cer. No. : PC011962




  Inspeksi & Pengujian Produk | Inspections & Tests [F.27]

  Fase Pengujian terdiri dari pengujian yang paling ketat dan ketelitian                                   The Testing Phase consists of the most stringent and high-precision
  tinggi, untuk memberikan prediksi kinerja produk dalam kondisi                                           tests to predict product performance under the most unusual and
  penggunaan yang paling tidak biasa dan tidak terduga; seluruh pipa /                                     unpredictable usage conditions. All pipes/tubes must undergo high-
  tabung harus melewati pengujian tekanan tinggi untuk memastikan                                          pressure testing to ensure there are no leaks before leaving the
  tidak ada kebocoran sebelum meninggalkan pabrik manufaktur.                                              manufacturing plant. Various advanced testing equipment, such as
  Berbagai peralatan pengujian canggih seperti Mesin Hidrostatik,                                          Hydrostatic Machines, Ultrasonic Test & Evaluation Machines,
  Mesin Ultrasonic Test & Evaluation, Holiday Detectors, Thickness                                         Holiday Detectors, Thickness Gauges, and others, are used by skilled
  Gauges dan lainnya dilakukan oleh tenaga ahli yang berpengalaman                                         experts who meticulously control the final product in each step of the
  dalam proses langkah demi langkah untuk mengontrol produk akhir,                                         process. This ensures that our products meet the highest quality
  untuk memastikan standar kualitas produk kami.                                                           standards.



              Kinerja Ekonomi                               Kinerja Sosial                                    Kinerja Lingkungan                           Indeks POJK & Standar GRI          71
           Economic Performance                           Social Performance                              Environmental Performance                        POJK Index & GRI Standard           5
Page 80
                                                                                                                      2024 Sustainability Report


Untuk Pipa tanpa Pelapisan (Coating) | For Bare Pipe
Analisis Kimia | Chemical Analysis                                               OES 19 unsur kimia (dengan tambahan CE IIW & CE PCM)

                                                                                 OES 19 elements (with additional of CE IIW & CE PCM)

                                                                                 Handheld XRF 28 unsur kimia | Handheld XRF 28 elements

Uji Tarik | Tensile Test                                                         Beban maksimum 200.000 kgf | Maximum Load 200,000 kgf

Charpy Impact Test                                                               • Tes temperatur sampai dengan minus 40o C |

                                                                                     Temperature test up to minus 40o C

                                                                                 • Max. 300 joule | Max. 300 joule

Drop Weight Tear Test                                                            -

Uji Linyak | Flattening Test                                                     -

Uji Lengkung | Bend Test                                                         Sudut Lengkung 90o & 180o | Bending Angle 90o & 180o

Uji Lengkung Terpandu | Guided Bend Test                                         Beban maksimum 200.000 kgf | Maximum Load 200,000 kgf

Uji Hidrostatik | Hydrostatic Test                                               Diameter Pipa Maksimum 2000mm

                                                                                 Maximum Pipe Diameter 2000mm

Uji Radiografi | Radiographic Test (RT)                                           Source X-Ray, 300 kV & 3mA

Uji Ultrasonik | Ultrasonic Test (UT)                                            • Automatic online UT

                                                                                 • Automatic offline UT

                                                                                 • Handheld UT

Uji Arus Eddy | Eddy Current Test                                                ET online

Inspeksi Partikel Magnetik | Magnetic Particle Inspection (MPI)                  -

Uji Penetran | Penetrant Test (PT)                                               -

Hardness Test                                                                    Beban 0,3 - 30 kilogram-force | Load 0.3-30 kilogram-force

Uji Kekerasan | Hardness Survey                                                  Rockwell C/B & Brinell

Metalografi | Metallographic                                                      Pembesaran Maksimum 1000X | Maximum Magnification 1000X




Untuk Pelapisan | For Coating
Digital Scanning Calorimeter (DSC)                                               -

Uji Tarik untuk Pelapisan | Tensile Test for Coating                             Beban Maksimum 500 kgf | Maximum Load 500 kgf

Cathodic Disbonding                                                              -

Uji Kompresi Mortal | Mortal Compression Test                                    Beban Maksimum 200.000 kgf | Maximum Load 200,000 kgf

Holiday Detector                                                                 Low Voltage 5 kV

                                                                                 High Voltage 30 kV

Flexibility Test for PE                                                          -

Peeling Test for PT                                                              Peel Constant Rate

                                                                                 Peel Hanging Weight

Impact for Coating                                                               Maksimum 20 joule | Maximum 20 joule




72                         Tentang Kami                Strategi Keberlanjutan                  Profil Perusahaan           Tata Kelola Keberlanjutan
 5                           About Us                  Sustainability Strategy                 Company Profile             Sustainability Governance
Page 81
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   Shore Hardness                                                                          0 ~ 100 HD

   Adhesion Test                                                                           Cross Cut

                                                                                           Dolly Test Method

   Uji Kekasaran Permukaan | Surface Roughness Test                                        Maximum 350 μm, Accuracy 0,001 μm




  Dampak Produk dan Jasa | Impact of Products and Services [F.28][416-1][416-2]

  Perseroan menyediakan produk pipa baja beserta layanan solusi bagi                       The Company provides steel pipe products and solution services for
  pengguna. Produk pipa baja telah diaplikasikan untuk berbagai                            users. Steel pipe products have been applied to a variety of human
  kebutuhan manusia, baik yang berwujud sebagai peralatan maupun                           needs, both tangible as equipment and intangibles such as water and
  yang tidak berwujud seperti distribusi air dan energi.                                   energy distribution.




  Produk Utama Kami dan Kegunaannya | Our Key Products and Its Uses


  HFW                                                                     SSAW                                                          TIG
  Fasilitas produksi oleh pabrik :                                        Fasilitas produksi oleh pabrik :                               Fasilitas produksi oleh pabrik :
  Manufacturing facilities by plants :                                    Manufacturing facilities by plants :                           Manufacturing facilities by plants :
  Unit 1 | Unit 2 | Unit 3 | Unit 4 | Unit 5 | Unit 6 |                   Unit 4                                                         Unit 2

  Black pipes, API pipes           Digunakan untuk                        Spiral pipes         Digunakan untuk                           Pipa Stainless Steel
  water pipes, mechanical          konstruksi, jalur pipa air,            (API & Non           konstruksi, tiang pancang,                Industri & Ornamen.
  pipes, furniture pipes,          jalur pipa minyak & gas,               API pipes)           pipa utilitas, perpipaan air,             Digunakan sebagai
  steel poles.                     pipa otomotif, furnitur,                                    transmisi/distribusi minyak               furnitur, rangka,
                                   dan sebagainya.                                             & gas, dan sebagainya.                    industri gula, perpipaan,
                                                                                                                                         dan sebagainya.
                                   Used in construction,                                       Used in construction,                     Industrial & ornament
                                   water pipeline, oil and                                     piling, utilities, water                  Stainless Steel pipes.
                                   gas pipeline, auto,                                         pipeline, transmission/                   Used in furniture, frame,
                                   furniture, etc.                                             distribution oil & gas, etc.              chemical / sugar mill, piping, etc

  Hingga saat ini belum ada laporan tentang adanya dampak                                  Until now there has been no report regarding the impact on the health
  kesehatan dan keselamatan pelanggan terkait dengan produk dan                            and safety of customers related to the products and services of the
  jasa dari Perseroan. Produk pipa baja yang dihasilkan oleh Perseroan                     Company. The steel pipe products produced by the Company have
  telah memenuhi berbagai persyaratan seperti yang telah dijabarkan                        fulfilled various requirements as described on page 68, this chapter.
  pada halaman 68, bab ini. [416-2]                                                        [416-2]




                                                                                                                      [417-1, 417-2]
  Penilaian Pemasaran & Promosi | Marketing & Promotion Assessments
  Dalam upaya mencapai target, Perseroan melakukan kegiatan atau                           In an effort to achieve its targets, the Company undertakes the
  program sebagai berikut:                                                                 following activities or programs:
  Ÿ   Marking pada pipa baja. Perseroan memberikan marking tentang                         Ÿ     Marking on steel pipe. The Company provides markings on steel
      spesifikasi produk berupa ketebalan, diameter, pelapisan dan                                pipes indicating product specifications such as thickness,
      standar pada setiap produk pipa baja. Hal ini untuk memberi                                diameter, coating, and standards. This ensures that each product
      kepastian bahwa setiap barang telah diproduksi sesuai marking                              has been manufactured in accordance with the specifications
      yang tertera. [417-1]                                                                      outlined in the marking. [417-1]




               Kinerja Ekonomi                         Kinerja Sosial                         Kinerja Lingkungan                       Indeks POJK & Standar GRI            73
            Economic Performance                     Social Performance                   Environmental Performance                    POJK Index & GRI Standard             5
Page 82
                                                                                                                                  2024 Sustainability Report




Ÿ    Informasi jasa yang faktual terkait pelabelan kepada Pelanggan.                      Ÿ   Factual Service Information Regarding Labeling to Customers:
     Perseroan dalam hal ini memberikan informasi faktual mengenai                            The Company provides factual information about the products,
     produk, pendistribusian ataupun jasa yang dilakukan Perseroan                            distribution, or services provided, specifically and accurately. In
     secara spesifik dan faktual. Selain itu Perseroan juga melakukan                          addition, the Company conducts regular field inspections to
     mekanisme pengecekan berkala di lapangan agar informasi yang                             ensure that the information provided to customers aligns with the
     disampaikan kepada Pelanggan sesuai dengan fakta di lapangan.                            actual conditions on the ground. This is done to prevent
     Hal ini dilakukan agar tidak terjadi kesalahan persepsi dan                              misunderstandings and miscommunications between the
     informasi antar Perseroan dan pelanggan saat kerjasama                                   Company and customers during the course of the partnership.
     dilakukan. Keterbukaan informasi akan sangat berdampak dalam                             Transparency in information plays a critical role in preventing
     pencegahan perselisihan di kemudian hari antara Perseroan dan                            disputes between the Company and customers or business
     pelanggan atau mitra kerja.     [417-2]
                                                                                              partners in the future. [417-2]



Penilaian Penggunaan & Layanan | Usage & Services Assessments [F.27][417-3]
Dalam memberikan layanan produk, Perseroan melakukan kegiatan                             In providing product services, the Company carries out the following
atau program sebagai berikut:                                                             activities or programs:
Ÿ    Inovasi dan Pengembangan spesifikasi produk maupun jasa yang                          Ÿ   Innovation and Development of product and ser vice
     dihasilkan SPINDO terus menerus dilakukan sebagai upaya                                  specifications produced by SPINDO is continuously carried out as
     memberikan kepuasan bagi pelanggan termasuk melakukan                                    an effort to provide satisfaction for customers, including making
     perbaikan dan penyempurnaan.                                                             improvements and enhancements.
Ÿ    Perbaikan, penyempurnaan dan inovasi yang telah dan sedang                           Ÿ   Upgrades, improvements and innovations that have been and are
     dilakukan oleh Perseroan diantaranya:                                                    being carried out by the Company include:
     a. Penyesuaian investasi sesuai dengan regulasi;                                         a. Investment adjustment according to regulations;
     b. Selama tahun 2024, tidak ada insiden ketidakpatuhan                                   b. During 2024, there were no incidents of non-compliance with
        terhadap peraturan dan perundang-undangan terkait                                         laws and regulations related to marketing communications
        komunikasi pemasaran dengan produk atau jasa yang                                         with products or services provided by the Company. Also,
        d i b e r i ka n Pe rs e ro a n . J u g a , t i d a k a d a d e n d a a t a s             there are no fines for non-compliance related to the
        ketidakpatuhan yang berkaitan dengan produksi produk serta                                production of products and the provision of services provided
        penyediaan jasa yang diberikan Perseroan.                                                 by the Company. [417-3]
                                                             [417-3]




                                                                                                       [F.29]
Jumlah Produk yang Ditarik Kembali | Total Recalled Products
Tahun 2024, tidak terdapat produk Perseroan yang ditarik kembali.                         In 2024, there were no recalled products recorded by the Company.


                                                                                                [F.17, F.30]
Survei Kepuasan Pelanggan | Customer Satisfaction Survey
Perseroan mengedepankan pelanggan sebagai Pemangku                                        The Company prioritizes customers as the main stakeholders for the
Kepentingan utama bagi keberlangsungan dan keberlanjutan bisnis.                          continuity and sustainability of the business. Therefore, the Company
Untuk itu, Perseroan secara terus menerus melakukan terobosan dan                         continuously makes breakthroughs and innovations to provide
inovasi guna memberikan kemudahan layanan dan perlindungan                                convenience in services and protection for its customers. The
terhadap para pelanggannya. Perseroan tidak hanya sekadar                                 Company does not merely meet the stipulations outlined in
memenuhi seluruh butir yang disyaratkan dari Perjanjian kerja sama.                       cooperation agreements. More than that, the Company strives to add
Lebih dari itu, Perseroan akan berupaya maksimal memberikan nilai                         value for its customers. Customers must feel that partnering with
tambah bagi para pelanggan. Pelanggan harus merasa diuntungkan                            SPINDO brings benefits.
menjalin kerja sama dengan SPINDO.




74                        Tentang Kami                          Strategi Keberlanjutan                         Profil Perusahaan       Tata Kelola Keberlanjutan
 5                          About Us                            Sustainability Strategy                        Company Profile         Sustainability Governance
Page 83
Laporan Keberlanjutan 2024




                                                06
                 Kinerja
                 Sosial
                 Social Performance




           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   75
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard    6
Page 84
                                                                                                                    2024 Sustainability Report


                                                                                                                                                 [413]
Berkomitmen Untuk Meningkatkan Mutu Kehidupan
Committed to Improving the Quality of Life




Kinerja Sosial kami terkait dalam 3 (tiga) aspek, yaitu : Pengelolaan          Our social performance is focused on three key aspects: Human
SDM, Pelaksanaan K3 dan Pengembangan masyarakat.                               Resource Management, Occupational Health and Safety (OHS)
                                                                               implementation, and Community Development.


Aspek pertama adalah pengelolaan Sumber Daya Manusia yang                      The first aspect is Human Resource Management, which focuses on
berfokus pada peningkatan kualitas SDM sebagai salah satu kunci                improving the quality of human resources as one of the keys to the
keberhasilan dan kesinambungan kinerja Perseroan.                              success and sustainability of the Company's performance.


Aspek kedua adalah pelaksanaan K3 (Keselamatan dan Kesehatan                   The second aspect is the implementation of Occupational Health and
Kerja) yang ketat sesuai peraturan dan perundang-undangan yang                 Safety (OHS), which is strictly adhered to in accordance with
berlaku. Pelaksanaan K3 diharapkan dapat memberikan keunggulan                 applicable laws and regulations. The implementation of OHS is
operasional.                                                                   expected to provide operational excellence.


Yang terakhir, aspek ketiga adalah pengembangan masyarakat                     Finally, the third aspect is community development, which is part of
sebagai bagian dari pelaksanaan program CSR dengan memberikan                  the Company's Corporate Social Responsibility (CSR) program,
sumbangsih kepada masyarakat dimana unit-unit bisnis Perseroan                 contributing to the communities where the Company's business units
beroperasi.                                                                    operate.




Kinerja Sosial Tahun 2024 | Social Performance in 2024


      Dana Tanggung Jawab
      Sosial Perusahaan
      Corporate Social                                                        Rp 739.719.723
      Responsibility (CSR) Funds



     Iuran Rutin Dana Kemasyarakatan
     Regular Community Contribution Funds                                                 Rp 205.954.800

     Dana Program Pengembangan Masyarakat
     Community Development Program Funds                                                  Rp 599.186.973


76                    Tentang Kami                  Strategi Keberlanjutan                  Profil Perusahaan                 Tata Kelola Keberlanjutan
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  Kontribusi Kami kepada Masyarakat | Our Contribution to Society

    Program Pengembangan Masyarakat
    [Pembangunan Infrastruktur]
    Community Development Programs                                    Rp 533.764.923
    [Infrastructure Development]



  Kontribusi Kami kepada Karyawan | Our Contribution to Employees


    Biaya Pelatihan Karyawan
    Employee Training Costs                                                  Rp 870.869.100

    Kematian Akibat Kecelakaan Kerja
    Deaths Due to Work Accidents
                                                                                          0




           Kinerja Ekonomi         Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   77
        Economic Performance     Social Performance   Environmental Performance   POJK Index & GRI Standard    6
Page 86
                                                                                                                  2024 Sustainability Report




Pengelolaan Sumber Daya Manusia [401]
Human Resource Management


                                                                   [102-8]
Demografi Karyawan | Employee Demographics
                                                                                   Rekapitulasi Data Sumber Daya Manusia per 31 Desember 2024
                                                                                         Human Resources Data Summary per 31 December 2024

     Jumlah Karyawan pada Tahun 2024
     Total Employees in 2024
                                                                             2022                          2023                      2024


     Jumlah Karyawan
     Total Employee                                                  1030                            1020                        994

     Komposisi karyawan berdasarkan status kepegawaian
     Employee category by employment status
                                                                             2022                          2023                      2024


     Pegawai Tetap
     Permanent Employees
                                                                           931                         920                       899
                                                                             90%                           90%                       90%


     Pegawai Kontrak
     Contract Employees
                                                                             99                        100                         95
                                                                             10%                           10%                       10%




Status kepegawaian Perseroan adalah sebagai karyawan permanen                  The employment status at the Company consists of permanent
atau karyawan kontrak. Kedua status tersebut menjalankan tugasnya              employees and contract employees. Both types of employees work
secara purna waktu (full time).                                                full-time.


Karyawan permanen diberikan kebijakan remunerasi dan benefit,                   Permanent employees are provided with remuneration and benefits
disesuaikan dengan ketentuan Upah Minimum Provinsi (UMP). Hal ini              in accordance with the provisions of the Provincial Minimum Wage
sesuai dengan Undang-Undang No.13 tahun 2003 tentang                           (UMP), in compliance with Law No. 13 of 2003 concerning
Ketenagakerjaan. Selain itu, Perseroan juga menerapkan remunerasi              Manpower. In addition, the Company also applies performance-
berbasis kinerja.                                                              based remuneration.


Karyawan kontrak mengacu pada Perjanjian Kerja Waktu Tertentu                  Contract employees are governed by the Fixed-Term Employment
(PKWT) yang telah diatur sesuai peraturan UU Cipta Kerja, yaitu UU             Agreement (PKWT), which is regulated under the provisions of the
Nomor 11 Tahun 2020. Namun, Perseroan memberikan kesempatan                    Job Creation Law, specifically Law No. 11 of 2020. However, the
bagi karyawan kontrak yang memiliki kinerja baik untuk menjadi                 Company offers opportunities for contract employees with good
karyawan permanen.                                                             performance to be promoted to permanent status.


Data Perseroan setiap tahunnya menunjukkan bahwa jumlah                        Data from the Company each year shows that the number of
karyawan permanen lebih banyak daripada karyawan kontrak.                      permanent employees is greater than the number of contract
                                                                               employees.



78                     Tentang Kami              Strategi Keberlanjutan                     Profil Perusahaan            Tata Kelola Keberlanjutan
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   Jumlah Pekerja Berdasarkan Jenis Kelamin | Total Employee Based on Gender

                                                                   Laki-Laki | Male                              Perempuan | Female

  Tahun | Year                                        Permanen                  Kontrak                     Permanen             Kontrak              Jumlah
                                                      Permanent                 Contract                    Permanent            Contract              Total

  2024                                                             778                     67                      124                      25            994

  2023                                                             796                     71                      124                      29           1020

  2022                                                             820                     56                      125                      29           1030

  2021                                                             840                   121                       131                      18          1.110

  2020                                                             844                   187                       140                       8          1.219




   Jumlah Pekerja Berdasarkan Lokasi Kerja | Total Employee by Work Location
                                     Kantor | Office                          Pabrik | Plant                        Gudang | Warehouse

  Tahun | Year                   Permanen     Kontrak                    Permanen          Kontrak               Permanen          Kontrak            Jumlah
                                 Permanent    Contract                   Permanent         Contract              Permanent         Contract            Total

  2024                                153                25                   630                    55                  119                 12           994

  2023                                152                28                   763                    68                    5                   4         1020

  2022                                227                53                   710                    29                    6                   5         1030

  2021                                171                18                   701                  217                     3                   0        1.110

  2020                                232                  9                  787                  183                     5                   3        1.219



  Keseluruhan data dan informasi Sumber Daya Manusia dilakukan                       All data and information related to Human Resources are updated
  dengan aktualisasi setiap bulannya dari seluruh anak usaha dan juga                monthly from all subsidiaries and outsourcing companies operating
  para perusahaan alih daya yang bekerja di seluruh wilayah                          across the Company's operational areas.
  operasional Perusahaan.




             Kinerja Ekonomi                    Kinerja Sosial                           Kinerja Lingkungan               Indeks POJK & Standar GRI       79
          Economic Performance                Social Performance                     Environmental Performance            POJK Index & GRI Standard        6
Page 88
                                                                                                                  2024 Sustainability Report




Keterlibatan Karyawan | Employee Engagement [102-43] [401]
Keterlibatan kar yawan memainkan peran penting dalam                        Employee engagement plays a crucial role in fostering a positive
membangun budaya organisasi yang positif dan menyelaraskan                  organizational culture and aligning employees with the company’s
karyawan dengan tujuan strategis perusahaan. Perseroan secara               strategic goals. Our company actively engages with employees
aktif melibatkan karyawan melalui saluran komunikasi yang rutin,            through regular communication channels, feedback mechanisms,
mekanisme umpan balik, dan partisipasi dalam proses pengambilan             and participation in decision-making processes. This ensures that
keputusan. Hal ini memastikan bahwa karyawan tidak hanya                    staff are not only informed about company performance and future
diinformasikan tentang kinerja dan rencana masa depan Perseroan,            plans but are also given a platform to voice their concerns, ideas, and
tetapi juga diberikan platform untuk menyampaikan kekhawatiran,             suggestions. By cultivating a transparent and inclusive environment,
ide, dan saran mereka. Dengan menciptakan lingkungan yang                   we aim to enhance employee satisfaction, increase productivity, and
transparan dan inklusif, Perseroan bertujuan untuk meningkatkan             strengthen our commitment to continuous improvement.
kepuasan karyawan, meningkatkan produktivitas, dan memperkuat
komitmen kami terhadap perbaikan berkelanjutan.


SPINDO Annual Meeting 2024-2025
Level Up : Shaping The Future | Defend - Extend - Transform




Perkembangan pesat dalam industri manufaktur global untuk sektor            The rapid development in the global manufacturing industry for the
pipa baja memberi tantangan sekaligus munculnya peluang baru.               steel pipe sector presents both challenges and new opportunities.
Perusahaan manufaktur pipa baja menghadapi dinamika yang                    Steel pipe manufacturing companies face a complex dynamic,
kompleks, mulai dari peningkatan permintaan untuk infrastruktur             ranging from the increasing demand for stronger and more
yang lebih kuat dan berkelanjutan hingga tuntutan untuk adopsi              sustainable infrastructure to the need for adopting the latest
teknologi terkini dalam proses produksi. Pada saat yang sama, isu           technologies in the production process. At the same time,
lingkungan dan keberlanjutan semakin mendominasi diskusi dalam              environmental and sustainability issues are increasingly dominating
sektor industri.                                                            discussions within the industry.


Tema Annual Meeting 2024-2025, “Level Up! Shaping The Future”               The theme of the 2024-2025 Annual Meeting, “Level Up! Shaping
merupakan representasi semangat untuk selalu meningkat, tidak hanya         The Future,” reflects the spirit of continuous improvement—not only
dalam hal performa dan efisiensi, tetapi juga dalam membangun                in terms of performance and efficiency but also in building broader
kemampuan dan visi yang lebih luas. Melalui acara ini, diharapkan           capabilities and vision. Through this annual meeting, it is hoped that
seluruh karyawan menggali potensi serta mengeksplorasi peluang baru         all employees will tap into their potential and explore new
yang membawa pada transformasi lebih lanjut. Ini adalah momen untuk         opportunities that can lead us toward further transformation. This is a
merumuskan langkah-langkah konkrit bersama dalam meningkatkan               moment for all of us to collectively outline concrete steps to enhance
kualitas produk, memperluas jaringan bisnis, dan memanfaatkan               product quality, expand business networks, and leverage the latest
teknologi terbaru dalam menghadapi tantangan di masa depan.                 technologies to face future challenges.


Tahun 2025 menjadi momentum penting bagi Perseroan, tidak hanya             The year 2025 marks a crucial milestone for the company—not only
bertahan tetapi juga berkembang dengan pesat, mengambil                     to survive but also to experience rapid growth by taking innovative
langkah-langkah inovatif untuk menghadapi tantangan global dan              steps to address global challenges and enhance competitiveness in


80                   Tentang Kami                 Strategi Keberlanjutan                 Profil Perusahaan               Tata Kelola Keberlanjutan
 6                     About Us                   Sustainability Strategy                Company Profile                 Sustainability Governance
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  meningkatkan daya saing di pasar yang semakin kompetitif. Tema ini      an increasingly competitive market. This theme represents the
  mewakili tekad Perseroan untuk terus melakukan lompatan besar           company’s determination to continue making significant strides in
  dalam kualitas, teknologi, dan efisiensi operasional.Annual meeting      quality, technology, and operational efficiency. This Annual Meeting
  ini akan menjadi ajang bagi seluruh pemangku kepentingan untuk          will serve as a platform for all stakeholders to share their vision and
  berbagi visi dan strategi dalam mewujudkan perusahaan manufaktur        strategies in realizing a superior, efficient, and sustainable steel pipe
  pipa baja yang lebih unggul, efisien, dan berkelanjutan di masa depan.   manufacturing company in the future.



  Pelaksanaan Annual Meeting and Team Recharging 2024 | Implementation of the 2024 Annual Meeting
                      [404-2]
  and Team Recharging




  Annual Meeting 2024 berlangsung mulai tanggal 12 Desember               The 2024 Annual Meeting will take place from December 12, 2024,
  2024 hingga 14 Desember 2024 di Hotel Surya, Tretes. Kegiatan hari      to December 14, 2024, at Hotel Surya, Tretes. The first day will begin
  pertama dimulai dengan sambutan dari Bp Vincent Makmur Widjaja,         with opening remarks from Mr. Vincent Makmur Widjaja, the
  sebagai komisaris utama Perseroan dan Bp Tedja Sukmana                  Company’s Commissioner, and Mr. Tedja Sukmana Hudianto, the
  Hudianto, sebagai Wakil Direktur Utama Perseroan. Acara                 Vice President Director of the Company. The event will continue with
  dilanjutkan dengan pemaparan SPINDO Corporate Objectives &              a presentation of SPINDO Corporate Objectives & Targets for 2025
  Target 2025 oleh Bp Johanes W Edward dan materi motivator oleh          by Mr. Johanes W. Edward, followed by a motivational session by Mr.
  Bp Paulus Bambang.                                                      Paulus Bambang.


  Acara utama hari pertama yaitu Presentasi Pencapaian Hasil Kerja        The main event on the first day will be the Presentation of 2024
  2024 & Program Kerja 2025 yang disampaikan oleh seluruh kepala          Achievements & 2025 Work Programs, delivered by the heads of all
  divisi Perseroan. Perseroan juga menyerahkan hadiah kepada para         company divisions. The company will also award prizes to the
  juara turnamen SPINDO Cup dalam acara Awarding Night SPINDO             winners of the SPINDO Cup tournament during the Awarding Night
  Cup. Seluruh acara dirancang dengan penuh kebersamaan antar             of the SPINDO Cup. All events are designed to foster camaraderie
  karyawan dan manajemen.                                                 between employees and management.


  Acara hari ke dua merupakan acara yang bertemakan Team Building.        The second day will focus on Team Building activities, starting with a
  dimulai dengan agenda Line Dance dan pemberian sambutan Team            Line Dance session and an opening speech on Team Building by Mr.
  Building oleh Bp Johanes W Edward. Beberapa permainan turut             Johanes W. Edward. Several games will be organized to enliven the
  memeriahkan acara yaitu Ontong-Ontong Bolong, On The Road,              event, including Ontong-Ontong Bolong, On The Road, Tembak Dor,
  Tembak Dor, Take Me Out, Borgol, Paper Walk, Jenga, Starter Game,       Take Me Out, Borgol, Paper Walk, Jenga, Starter Game, and Project
  dan Project Game yang diikuti oleh seluruh peserta. Keseluruhan         Game, which will be participated by all attendees. The entire event
  acara ditutup oleh Bp Tedja Sukmana Hudianto dan Bp Johannes W          will be concluded by Mr. Tedja Sukmana Hudianto and Mr. Johanes W.
  Edward.                                                                 Edward.




               Kinerja Ekonomi                 Kinerja Sosial                 Kinerja Lingkungan            Indeks POJK & Standar GRI         81
            Economic Performance             Social Performance           Environmental Performance         POJK Index & GRI Standard          6
Page 90
                                                                                                                                          2024 Sustainability Report




                                                          Re-Embrace SPINDO Value, Vision & Mission
                                                                            Team Building Games
                                                               Workshop on Goal Setting & Visioning




                            Tujuan | Objective                                                               Implementasi | Implementation
      1. Melakukan evaluasi kinerja di tahun 2024                                            Ÿ   Pemaparan Spindo Corporate Objectives & Target 2024

      2. Membangun keselarasan pemahaman serta implementasi strategi                         Ÿ   Economic Outlook 2025 by Economic Expert (Fakhrul Fulvian)

         perusahaan di tahun 2025                                                            Ÿ   Motivational Talk (Paulus Bambang)

      3. Meningkatkan engagement antara Komisaris, Direksi & All Manajemen                   Ÿ   Presentasi per Pencapaian 2024 dan Program Kerja 2025 per Direktorat/ Divisi

                                                                                             Ÿ   Intimate Dinner SPINDO Cup

      1. Conduct a performance evaluation for the year 2024.

      2. Establish alignment in understanding and the implementation of the                  Ÿ   Presentation of Spindo Corporate Objectives & Targets for 2024.

         company's strategy for the year 2025.                                               Ÿ   Economic Outlook for 2025 by Economic Expert (Fakhrul Fulvian).

      3. Enhance engagement between the Board of Commissioners, Board of                     Ÿ   Motivational Talk (Paulus Bambang).

         Directors, and all levels of management.                                            Ÿ   Presentation of Achievements for 2024 and Work Programs for 2025 by

                                                                                                 Directorate/Division.

                                                                                             Ÿ   Intimate Dinner for SPINDO Cup.


Pembicara | Speaker
                              Fakhrul Fulvian
                              Chief Economist Trimegah Sekuritas
                              Materi pembahasan :                                                        Discussion Topics:
                              Ÿ    2025 Global Economic outlook                                          Ÿ    2025 Global Economic Outlook
                              Ÿ    Dampak Pemilu 2025 & Perubahan Policy                                 Ÿ    Impact of the 2025 General Election & Policy Changes
                              Ÿ    Perkembangan Proyek IKN & Hilirisasi                                  Ÿ    Development of the IKN Project & Downstreaming
                              Ÿ    ESG & Corporate Sustainability Issue di 2025                          Ÿ    ESG & Corporate Sustainability Issues in 2025
                              Ÿ    Perkembangan Industri Baja di 2025                                    Ÿ    Development of the Steel Industry in 2025
                              Kamis, 12 Desember 2024, 10.00 – 11.30 WIB                                 Thursday, 12 December 2024, 10.00 – 11.30 WIB


                              Paulus Bambang
                              Komisaris | Commissioner PT United Tractors Tbk
                              Materi pembahasan :                                                        Discussion Topics:
                              Ÿ    Level Up : Shaping The Future (Defend – Extend – Transform)           Ÿ    Level Up : Shaping The Future (Defend – Extend – Transform)
                              Kamis, 12 Desember 2024, 11.30 – 12.30 WIB                                 Thursday, 12 December 2024, 11.30 – 12.30 WIB



     Tim Panitia Annual Meeting & Team Recharging 2024 | Annual Meeting & Team Recharging 2024 Committee Team
     Pelindung | Patron                                                   : Tedja S. Hudianto
     Penasehat | Advisors                                                 : 1. Johannes W. Edward
                                                                            2. Hanny Purnomo
                                                                            3. Nico Gunawan
     Penanggungjawab Acara | Event Coordinator                            : Budi Dwi Santoso
     Penanggungjawab IT | IT Coordinator                                  : Steven Utomo
     Penanggungjawab Purchasing | Purchasing Coordinator                  : Edy Lemena Amsalgi
     Ketua Panitia | Committee Chair                                      : Dailinar Utomo
     Wakil Ketua Panitia | Vice Committee Chairs                          : 1. Amanda Shifattul Jannah
                                                                            2. Elsita Octarina
     Seksi-seksi Acara     | Event Sections                               : Tim HRD & Tim Marketing




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 6                            About Us                           Sustainability Strategy                      Company Profile                      Sustainability Governance
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  Komitmen Perseroan Terhadap Hak Asasi Manusia [412]
  Company Commitment to Human Rights


  Perseroan secara aktif memastikan setiap operasional Perseroan di               The company actively ensures that all of its operations, regardless of
  wilayah manapun tidak bertentangan dan melanggar prinsip dasar                  location, do not conflict with or violate the fundamental principles of
  Hak Asasi Manusia. Perseroan memberikan kebebasan untuk                         Human Rights. The company grants freedom for all employees to
  berserikat dan berorganisasi bagi seluruh karyawannya. Organisasi               associate and organize. The organization currently followed is the
  yang diikuti saat ini adalah Federasi Serikat Pekerja Logam Elektronik          Federation of Metal, Electronics, and Machinery Workers Union of the
  Mesin Serikat Pekerja Seluruh Indonesia (FSP LEM SPSI) PT Steel                 All-Indonesian Workers Union (FSP LEM SPSI) PT Steel Pipe Industry
  Pipe Industry of Indonesia Tbk.   [412-1]
                                                                                  of Indonesia Tbk. [412-1]


  FSP LEM SPSI terbagi dalam 4 (empat) Pengurus Unit Kerja (PUK) :                FSP LEM SPSI has 4 (four) sub-divisions of the Work Unit
  Ÿ     PUK FSP LEM SPSI Unit 1, Unit 2, Unit 6, Kantor Pusat                     Administrator (PUK):
        Surabaya dan Kantor Jakarta.                                              Ÿ    PUK FSP LEM SPSI Unit 1, Unit 2, Unit 6, Kantor Pusat
        Alamat : Jl. Rungkut Industri I No. 28, Surabaya. Nomor                        Surabaya dan Kantor Jakarta.
        pendaftaran SP: 250/4298/436.5.10/SP-235/2006.                                Address : Jl. Rungkut Industri I No. 28, Surabaya. Worker Union
  Ÿ     PUK FSP LEM SPSI Unit 3.                                                      registering no.: 250/4298/436.5.10/SP-235/2006.
        Alamat : Jl. Mastrip, Warugunung, Karangpilang, Surabaya.                 Ÿ    PUK FSP LEM SPSI Unit 3.
        Nomor pendaftaran SP: 250/3468/436.5.10/SP-211/2006.                          Address : Jl. Mastrip, Warugunung, Karangpilang, Surabaya.
  Ÿ     PUK FSP LEM SPSI Unit 4.                                                      Worker Union registering no.: 250/3468/436.5.10/SP-211/2006.
        Alamat : Jl. Kabupaten, Cangkringmalang, Beji, Pasuruan. Nomor            Ÿ    PUK FSP LEM SPSI Unit 4.
        pendaftaran SP: 47/D.27.271/2014.                                             Address : Jl. Kabupaten, Cangkringmalang, Beji, Pasuruan.
  Ÿ     PUK FSP LEM SPSI Unit 5.                                                      Worker Union registering no.: 47/D.27.271/2014.
        Alamat : Kawasan Industri Mitrakarawang, Parungmulya,                     Ÿ    PUK FSP LEM SPSI Unit 5.
        Ciampel, Karawang. Nomor pendaftaran SP: Penc.568/1414/HI-                    Address: Kawasan Industri Mitrakarawang, Parungmulya,
        Syaker.                                                                       C i a m p e l , K a r a w a n g . Wo r k e r U n i o n r e g i s t e r i n g n o. :
                                                                                      Penc.568/1414/HI-Syaker.


  Jumlah anggota Serikat Pekerja pada masing-masing Pengurus Unit                 Number of workers union members in each Work Unit Administrator
  Kerja (PUK) :                                                                   (PUK):



      Unit | Unit
                                                               Organisasi | Organization                                                     Total | Total


  Kantor Pusat | Head Office                   SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                         8

  Unit I                                      SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                      129

  Unit II                                     SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                       55

  Unit III                                    SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                      100

  Unit IV                                     SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                       86

  Unit V                                      SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                      153

  Unit VI                                     SPSI (Serikat Pekerja Seluruh Indonesia) | Indonesian Workers Union                                       69

  Unit I                                      SBSI (Serikat Buruh Seluruh Indonesia) | Indonesian Labor Union                                           11

  Unit IV                                     SBSI (Serikat Buruh Seluruh Indonesia) | Indonesian Labor Union                                             1

  Unit VI                                     SBSI (Serikat Buruh Seluruh Indonesia) | Indonesian Labor Union                                           27



                Kinerja Ekonomi                     Kinerja Sosial                    Kinerja Lingkungan                   Indeks POJK & Standar GRI                83
             Economic Performance                 Social Performance              Environmental Performance                POJK Index & GRI Standard                 6
Page 92
                                                                                                                          2024 Sustainability Report




Perseroan juga mengadakan sosialisasi terhadap kode etik dan                       The Company also held socialization related to the Code of Conduct
peraturan perusahaan yang selaras dengan penerapan HAM di                          and Company Regulation that is consistent with the implementation
lingkungan Perseroan. [ 4 1 2 - 2 ] Tidak hanya itu, Perseroan juga                of human rights in the Company’s environment. [412-2] Not only that, the
memastikan mitra kerja selalu menjunjung tinggi HAM dalam proses                   Company also made sure that its work partners always honor the
kemitraannya, seperti tidak memperkerjakan anak di bawah umur                      principle of human rights in its partnership process for instance to not
dan juga diskriminatif terkait SARA.                                               employ minors and implement discriminative policies.


Sepanjang tahun 2024, Perseroan tidak mendapatkan laporan                          Throughout 2024, the Company did not receive any complaints of
mengenai pelanggaran HAM yang berkaitan dengan praktik                             human rights violations in regards to employment practices or the
ketenagakerjaan ataupun masyarakat sekitarnya.                                     surrounding communities.


Pengembangan Karir | Career Development [404-3, 405-2]
Dalam pengelolaan sumber daya manusia, SPINDO terus berupaya                       In managing human resources, SPINDO continues to strive to
untuk meningkatkan profesionalitas dan kompetensi pekerja sesuai                   improve the professionalism and competence of workers in
dengan skema atau program pengembangan yang telah disusun.                         accordance with the scheme or development program that has been
Indikasi adanya kenyamanan dan keamanan bekerja dapat dilihat                      prepared. Indications of the comfort and safety of working can be
antara lain dari rendahnya angka turnover pekerja, ketiadaan pekerja               seen, among others, from the low turnover rate of workers, the
dikenai PHK, adanya pemakaian tingkat jam kerja yang tinggi, dan                   absence of workers subject to layoffs, the use of a high level of
meningkatnya kualitas pekerja sesuai hasil penilaian kompetensi.                   working hours, and the increasing quality of workers according to the
                                                                                   results of the competency assessment.


SPINDO telah memiliki ‘Grading System’ dan ‘Job Description’ yang                  SPINDO already has a ‘Grading System’ and a ‘Job Description’ which
mengatur secara jelas mengenai jenjang kepangkatan dan tugas                       clearly regulates the level of rank and duties and responsibilities for
serta tanggung jawab untuk setiap jabatan. Untuk mengoptimalkan                    each position. To optimize the program, SPINDO conducts employee
program tersebut, SPINDO melakukan pengembangan kompetensi                         competency development through the ‘Competency Assessment
karyawan melalui ‘Competency Assessment Program’ untuk seluruh                     Program’ for all positions (100%) in the Company.
posisi (100%) yang ada di Perusahaan.


Hasil dari penilaiain ini dijadikan acuan untuk menganalisis                       The results of this assessment are used as a reference for analyzing
kebutuhan pengembangan karyawan dalam rangka peningkatan                           employee development needs in order to increase the competence
kompetensi dan jenjang karir karyawan seluruh karyawan SPINDO.                     and career path of all employees of SPINDO. The details of employees
Rincian karyawan yang menerima tinjauan rutin terhadap kinerja dan                 who received regular reviews of per formance and career
pengembangan karir selama periode pelaporan adalah:                                development during the reporting period are:

Karyawan yang menerima tinjauan rutin terhadap kinerja & pengembangan karir tahun 2024
employees who received regular reviews of performance and career development in 2024
                                               Laki-Laki | Male                                   Perempuan | Female

Tingkatan | Level                          Jumlah                   %                            Jumlah               %                               Jumlah
                                            Total                                                 Total                                                Total


Staff & Non-Staff                                845                          85                       149                15                                994

Dari sebaran jenis kelamin (gender), perempuan memiliki persentase                 From the gender distribution standpoint, women demographic is still
masih sedikit. Hal ini dikarenakan industri pipa baja masih didominasi             represented in small number due to the fact that steel pipe industry
oleh laki-laki. Dalam hal pengembangan karir, SPINDO sama sekali                   remains a male dominated industry. In career development program,



84                    Tentang Kami                  Strategi Keberlanjutan                      Profil Perusahaan                Tata Kelola Keberlanjutan
 6                      About Us                    Sustainability Strategy                     Company Profile                  Sustainability Governance
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Laporan Keberlanjutan 2024




   tidak mempertimbangkan faktor gender atau sangat menjunjung                  SPINDO does not factor in gender in its decision meaning SPINDO
   kesetaraan. Pertimbangan dan penilaian terhadap pengembangan                 highly value equality. Consideration and assessment on career
   karir berdasarkan kinerja, kapasitas, dan kapabilitas serta beban kerja      development are based on performance, capacity and capability and
   yang dimiliki setiap karyawan.                                               the work load of every employee.



   Tenaga Kerja Anak & Kerja Paksa | Child Labor & Forced Labor [F.19][408-1,409-1]
   Perseroan selalu mengutamakan aspek kepatuhan (compliance)                   The Company always prioritizes the aspects of compliance with
   terhadap peraturan perundang-undangan yang berlaku yang                      applicable laws and regulations, including those relating to labor. For
   berkaitan dengan tenaga kerja. Untuk itu, Perseroan memastikan               this reason, the Company ensures that there are no underage workers
   bahwa tidak ada tenaga kerja di bawah umur dan tenaga kerja paksa            and forced labors working for SPINDO.
   yang berkerja di SPINDO.


   Perseroan juga telah memastikan para pemasok menandatangani kode             The company has also ensured that suppliers sign a supplier code of
   etik pemasok yang berisi juga larangan terhadap mempekerjakan anak.          ethics which also contains a prohibition against child employment.


                                                                             [F.20][202-1,408-1,409-1]
  Upah Minimum Regional | Regional Minimum Wage
   Perseroan memberikan imbalan atas jasa karyawan sesuai dengan                The Company provides compensation of the employee’s work in
   upah minimum regional (UMR) masing-masing Provinsi, mengingat                accordance with the regional minimum wage (UMR) of each Province,
   cakupan wilayah operasional Perseroan yang tersebar di beberapa              since the coverage of the Company’s operational areas that spread in
   wilayah di Indonesia.                                                        several areas in Indonesia.


   Imbalan jasa karyawan tingkat terendah Perseroan pada tahun 2024             For the operations areas of Surabaya, Sidoarjo, Pasuruan, DKI Jakarta,
   untuk wilayah operasional Surabaya, Sidoarjo, Pasuruan, DKI Jakarta          and Karawang in 2024, the Company's lowest level employee service
   dan Karawang rata-rata hampir sama dengan UMK/UMP Provinsi.                  benefits are nearly identical to the provincial UMK/UMP.

  Perbandingan UMK/UMP yang Ditetapkan Pemerintah & Imbal Jasa Karyawan Tingkat Terendah Perusahaan
  tahun 2024 | Comparison of the UMK/UMP Set by the Government and the Company's Lowest Level Employee
  Wage in 2024
   Wilayah Operasional               UMK/UMP Provinsi [Rp]                   Imbal Jasa Karyawan Tingkat Terendah [Rp]                           Persentase
    Operational Area                  Provincial UMK [IDR]                       Lowest Level Employee Wage [IDR]                                Percentage

   Surabaya                                 5.284.267                                                    5.284.267                                 100%

   Sidoarjo                                 5.187.094                                                    5.284.267                                 102%

   Pasuruan                                 5.183.238                                                    5.284.267                                 102%

   Gresik                                   5.190.952                                                    5.284.267                                 102%

   Karawang                                 5.625.882                                                    5.625.882                                 100%

   DKI Jakarta                              5.396.761                                                    5.396.761                                 100%
   Semanan                                  5.396.761                                                    5.396.761                                 100%
   Bandung                                  4.482.914                                                    4.482.914                                 100%
   Semarang                                 3.454.827                                                    3.454.827                                 100%
   Samarinda                                3.724.437                                                    3.724.437                                 100%
   Makassar                                 3.880.137                                                    3.880.137                                 100%
   Pekanbaru                                3.675.938                                                    3.675.938                                 100%




                 Kinerja Ekonomi                 Kinerja Sosial                    Kinerja Lingkungan                Indeks POJK & Standar GRI            85
              Economic Performance             Social Performance              Environmental Performance             POJK Index & GRI Standard             6
Page 94
                                                                                                                          2024 Sustainability Report




Selain memastikan terpenuhinya UMK/UMP, Perseroan juga                             In addition to ensuring the fulfillment of UMK/UMP, the Company also
memberikan program kesejahteraan karyawan. Kesejahteraan                           provided employee welfare program. The welfare of employee is one
karyawan menjadi salah satu perhatian utama Perseroan agar                         of the main attentions of the Company to make employee feels safe
karyawan dapat merasa aman dan nyaman dalam bekerja, sehingga                      and comfortable at work and to be able to work with better
dapat bekerja dengan motivasi yang lebih baik. Pada akhirnya hal                   motivation. In the end, it is expected that it will contribute to the
tersebut diharapkan akan berkontribusi pada peningkatkan prestasi                  increase of work achievements and productivity.
dan produktivitas kerja.


     Manajer ke atas                     Manager and above                             Staf dan Non-Staf                 Staff and Non staff
     Gaji Pokok                          Basic Salary                                  Gaji Pokok                        Basic Salary
     Tunjangan Jabatan                   Functional Allowance                          Tunjangan Jabatan                 Functional Allowance
     Tunjangan Hari Raya (THR)           Religious Festivity Allowance                 Tunjangan Hari Raya (THR)         Religious Festivity Allowance
     Bonus                               Bonus                                         Bonus                             Bonus
     Tunjangan Kesehatan                 Healthcare Allowance                          BPJS Kesehatan                    Healthcare Security - BPJS
     BPJS Kesehatan                      Healthcare Security - BPJS                                                      Kesehatan
                                         Kesehatan                                     BPJS Ketenagakerjaan              Manpower Security - BPJS
     BPJS Ketenagakerjaan                Manpower Security - BPJS                                                        Ketenagakerjaan
                                         Ketenagakerjaan                               Tunjangan Transportasi            Transport Allowance
     Tunjangan Transportasi              Transport Allowance                           Tunjangan Perjalanan Dinas        Travel Allowance
     Tunjangan Perjalanan Dinas          Travel Allowance                              Program Pensiun                   Retirement Fund
     Car Loan                            Car Loan                                      Fasilitas Koperasi                Saving & Loan Facility
     Program Pensiun                     Retirement Fund                               Bantuan Sosial                    Social Assistance
     Fasilitas Koperasi                  Saving & Loan Facility
     Bantuan Sosial                      Social Assistance



Perseroan juga menyediakan berbagai fasilitas dan tunjangan lain,                  The Company also provides various facilities and other allowances for
seperti:                                                                           employees, namely:
Ÿ    Tunjangan kesehatan, diberikan berdasarkan level dan lama                     Ÿ   Health Allowance, facilitated based functional level.
     bekerja dari masing-masing karyawan.                                          Ÿ   and service period of each employee.
Ÿ    Tunjangan pensiun, diberikan kepada karyawan yang telah                       Ÿ   Pension Allowance, facilitated to employees who have been
     bekerja selama 25 tahun atau lebih dan telah mencapai usia                        working for 25 years or more and have reached 5 pension ages
     pensiun (55 tahun).                                                               (55 years old).
Ÿ    Tunjangan uang makan dan uang transport.                                      Ÿ   Allowances for Food and Transportation.
Ÿ    Tunjangan alat komunikasi, untuk divisi tertentu.Tunjangan cuti               Ÿ   Communication device allowance, for certain divisions.
     selama 12 (dua belas) hari kerja.                                             Ÿ   12 (Twelve) days Annual Leave entitlement.
Ÿ    Tunjangan cuti selama 3 (tiga) bulan untuk karyawati yang                     Ÿ   Three-month maternity leave entitlement.
     melahirkan.                                                                   Ÿ   Leave facility for special events such as death, son’s circumcision,
Ÿ    Tunjangan cuti untuk kejadian khusus seperti kematian, sunatan,                   child’s baptism, school graduation, birth etc as regulated in the
     pembaptisan, wisuda, kelahiran, dan lain sebagainya untuk                         Collaborative Labor Agreements (PKB).
     karyawan, yang diatur dalam Perjanjian Kerja Bersama (PKB).




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   Komitmen Perseroan Terhadap
   Pengembangan Karyawan
   Company Commitment to Human Rights

                                                                                                                  [F.18][405-2]
  Keanekaragaman dan Kesempatan Setara | Diversity and Equal Work Opportunity
   SPINDO dalam operasionalnya sangat menjunjung tinggi nilai              In its operations, SPINDO firmly upholds the value of diversity. Every
   keberagaman. Setiap insan SPINDO memiliki kesempatan yang sama          member of SPINDO has an equal opportunity to be creative according
   dalam berkreativitas sesuai dengan tujuan dan cita-cita Perusahaan.     to the goal and the aspiration of the Company. For SPINDO, diversity
   Keanekaragaman di dalam SPINDO tidak hanya dari sisi                    does not reflect only in its employment aspect but also embodies its
   kekaryawanan semata, namun juga di dalam Badan Tata Kelola              corporate governance agency. Below is the employee ratio by gender
   Perusahaan. Berikut adalah rasio karyawan berdasarkan jenis             and age:
   kelamin dan usia:




   Rekapitulasi Data Sumber Daya Manusia per 31 Desember 2024
   Human Resources Data Summary per 31 December 2024

     Komposisi karyawan berdasarkan jenis kelamin
     Employee category by gender
                                                                         2022                         2023                               2024


     Pria
     Male
                                                                    875                               867                           845
                                                                         85%                          85%                                85%



     Wanita
     Female
                                                                    155                               153                          149
                                                                         15%                          15%                                15%




     Komposisi karyawan berdasarkan kategori usia
     Employee category by age
                                                                         2022                         2023                               2024


     <26 tahun
     <26 year old
                                                                         63                           64                                 59
                                                                         6%                            6%                                6%



     26 - 35 tahun
     26 - 35 year old
                                                                    273                               277                           262
                                                                         27%                          27%                                26%



     36 - 45 tahun
     36 - 45 year old
                                                                     364                              353                           356
                                                                         35%                          35%                                36%



              Kinerja Ekonomi                 Kinerja Sosial                  Kinerja Lingkungan             Indeks POJK & Standar GRI          87
           Economic Performance             Social Performance            Environmental Performance          POJK Index & GRI Standard           6
Page 96
                                                                                                                        2024 Sustainability Report




                                                                              2022                           2023                           2024



     46 - 50 tahun | 46 - 50 year old
                                                                          183                            166                           159
                                                                              18%                            16%                            16%



                                                                         121                            135                           135
 51 - 55 tahun | 51 - 55 year old
                                                                              12%                            13%                            14%




       >56 tahun | >56 year old
                                                                              26                            25                            22
                                                                              2%                                 2%                          2%




Hingga saat ini, sektor usaha Perseroan merupakan salah satu sektor             Currently, the Company's sector is one that is predominantly male-
yang didominasi oleh karyawan laki-laki, sehingga apabila dilihat dari          dominated. Therefore, when looking at the ratio of male to female
rasio antara karyawan laki-laki dan perempuan, maka jumlah                      employees, the number of male employees is higher. The Company is
karyawan laki-laki lebih besar. Perseroan senantiasa membuka                    always open to providing equal opportunities for female candidates
kesempatan seluas-luasnya bagi calon tenaga kerja perempuan yang                who wish to join the Company.
ingin turut bergabung bersama Perseroan.


Kelompok usia karyawan terbanyak di tahun 2024 pada rentang usia                The largest age group of employees in 2024 is within the age range of
36-45 tahun, sementara kelompok usia tersedikit pada usia diatas 56             36-45 years, while the smallest age group is above 56 years. Almost
tahun. Hampir seluruh kelompok usia menunjukkan kenaikan jumlah                 all age groups have shown an increase in the number of employees,
karyawan, sementara usia lainnya tetap.                                         while other age groups have remained stable.


SPINDO berkomitmen untuk memberikan kesempatan yang sama                        SPINDO is committed to providing equal opportunities to all
kepada seluruh karyawan mulai dari proses rekrutmen, akses                      employees, starting from the recruitment process, access to training
terhadap program pelatihan dan pengembangan, hingga promosi                     and development programs, career development promotions, and
pengembangan karier dan hak-hak karyawan lainnya yang                           other employee rights as outlined in the employment agreements and
tercantum dalam perjanjian kerja serta peraturan perundang-                     applicable labor regulations, without discrimination. [405-2]
undangan terkait ketenagakerjaan yang berlaku tanpa adanya
diskriminasi. [405-2]




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  Rekrutmen | Recruitment [202-1]

  Selama 2024, SPINDO dan entitasnya melakukan proses rekrutmen               In 2024, SPINDO and its entities conducted a recruitment process to
  untuk memenuhi posisi yang dibutuhkan. Rekrutmen ini dilakukan              meet the positions needed. The recruitment process was carried out
  atas dasar evaluasi peningkatan kebutuhan organisasi dan                    based on the evaluation of the increasing needs of the organization
  penggantian karyawan.                                                       and employee replacement.


           Karyawan Baru dan Tingkat Pergantian Berdasarkan Kelompok Jenis Kelamin, Usia dan Wilayah Kerja tahun 2024 |
                         New Employee and Turn Over Rate Based on Gender, Gender and Work Area in 2024

                          Jenis Kelamin | Gender                            Usia | Age                                Wilayah Kerja | Work Area

  Categori                Laki-Laki Perempuan             < 30 Tahun     30–50 Tahun     > 50 Tahun               Kantor           Pabrik          Gudang
  Category                  Male      Female             < 30 Years Old 30–50 Years Old > 50 Years Old            Office            Plant          Warehouse

  Karyawan Baru                   31         12                     34               7                     2             19                  23         1
  New Employee


  Pergantian                      55         18                     26             17                     30             17                  52         4
  Substitution




  Pelatihan & Pengembangan Karyawan | Employee Training and Education [F.22][404-2, 403-5, 403-6, 403-7]

  SPINDO memandang sumber daya manusia sebagai salah satu                     SPINDO views human resources as one of the most important and
  pemangku kepentingan yang sangat penting dan berharga bagi                  valuable stakeholders for the sustainability of the Company.
  keberlanjutan Perusahaan. Oleh karena itu, Kami terus melakukan             Therefore, we continuously improve competencies, both soft skills
  peningkatan kompetensi, baik soft skills maupun hard skills.                and hard skills.


  Perseroan berkomitmen untuk terus mengembangkan kompetensi                  The Company is committed to further developing employees'
  karyawan sesuai dengan fungsi dan bidang kerjanya. Komitmen ini             competencies according to their functions and job fields. This
  tercermin dalam biaya dan jumlah jam yang dialokasikan untuk                commitment is reflected in the costs and hours allocated for various
  berbagai pelatihan, baik soft skills maupun hard skills.                    training programs, both soft skills and hard skills.


  Pelatihan karyawan terbagi menjadi Pelatihan Internal dan Pelatihan         Employee training is divided into Internal Training and External
  Eksternal. Pelatihan Internal terbagi menjadi Pelatihan Umum dan            Training. Internal Training is divided into General Training and
  Pelatihan Khusus/Inti yang bersifat teknis. Pelatihan Eksternal terbagi     Specific/Core Training, which is technical in nature. External Training
  menjadi Pelatihan Non-Manajemen dan Pelatihan Manajemen.                    is divided into Non-Management Training and Management Training.
  Selain itu diadakan pula Pelatihan Eksternal untuk Direksi.                 Additionally, External Training for the Board of Directors is also held.


  Berikut adalah tabel judul pelatihan yang telah diikuti oleh karyawan       Here is the table of training titles that have been attended by the
  Perseroan :                                                                 Company's employees:




              Kinerja Ekonomi                    Kinerja Sosial                   Kinerja Lingkungan             Indeks POJK & Standar GRI              89
           Economic Performance                Social Performance             Environmental Performance          POJK Index & GRI Standard               6
Page 98
                                                                                                                      2024 Sustainability Report




Jenis & Judul Pelatihan Karyawan | Types & Titles of Employee Training [F.22][403-5,404-2]


Pelatihan Internal | Internal Training

No.                                     Pelatihan Khusus / Inti | Core / Specialized Training                      Jumlah Peserta | No. of Participant

01.   Aspect Impact Risk Assesment (AIRA)                                    Aspect Impact Risk Assesment (AIRA)                                        2
02.   Autonomus Maintenance                                                  Autonomus Maintenance                                                      19
03.   Awareness Sistem Kesehatan dan Keselamatan Kerja                       Awareness of Occupational Health and Safety System                          1
04.   Build in Quality                                                       Build in Quality                                                            7
05.   Cara Penggunaan APAR                                                   How to Use APAR                                                            15
06.   Cost Control & Efisiensi Tingkat Dasar                                  Basic Cost Control & Efficiency                                              2
07.   Daily Check dan Operasional Crane                                      Daily Check and Crane Operation                                             7
08.   English for Bussiness - Sesi 4                                         English for Bussiness - 4th Session                                        10
09.   English for Bussiness - Sesi 5                                         English for Bussiness - 5th Session                                        10
10.   Environmental Management System (EMS) ISO 14001:2015                   Environmental Management System (EMS) ISO 14001:2015                       41
11.   First Aid                                                              First Aid                                                                  23
12.   HR for Non HR                                                          HR for Non HR                                                              26
13.   Investigasi Kecelakaan Kerja                                           Workplace Accident Investigation                                           14
14.   Kode Material, Batch & Grade                                           Material Code, Batch & Grade                                                7
15.   Kredo 7K = E                                                           Creed 7K = E                                                                6
16.   Kualitas dan Jenis Cacat Hasil Pengelasan HF                           Quality and Types of HF Welding Defects                                     7
17.   Line Balancing                                                         Line Balancing                                                              1
18.   Manajemen Pergudangan                                                  Warehouse Management                                                        2
19.   Melaksanakan Stock Opname                                              Implementing Stock Opname                                                   1
20.   Melakukan Pemeriksanaan Akhir Pipa HFW                                 Conducting Final Inspection of HFW Pipes                                   14
21.   Melakukan Pengelasan SMAW                                              Conducting SMAW Welding                                                    20
22.   Melakukan Pengerjaan Persiapan Spesimen Uji                            Conducting Test Specimen Preparation Work                                   6
23.   Melakukan Pengukuran dengan Menggunakan Alat Ukur                      Conducting Measurements Using Measuring Instruments                         6
24.   Melakukan Proses Retur Pelanggan (Customer)                            Conducting Customer Return Process                                          2
25.   Menerapkan K3 di Lingkungan Tempat Kerja                               Implementing K3 in the Workplace Environment                               24
26.   Menerapkan Prinsip K3 dan 5R di Lingkungan Kerja                       Implementing K3 and 5R Principles in the Work Environment                   6
27.   Menerapkan Sistem Manajemen Mutu                                       Implementing Quality Management System                                     28
28.   Menerima Delivery Order                                                Receiving Delivery Orders                                                   5
29.   Merawat, Mendiagnosa, dan Memperbaiki Sistem Hidrolik                  Maintaining, Diagnosing, and Repairing Hydraulic Systems                   24
30.   Moving from Worker to Leader                                           Moving from Worker to Leader                                                8
31.   Occupational Health and Safety Management System                       Occupational Health and Safety Management System                           49
      (OHSMS) ISO 45001:2018                                                 (OHSMS) ISO 45001:2018
32.   On the Job Training: Flow Process MPD                                  On the Job Training: Flow Process MPD                                       1
33.   On the Job Training: Product Planning                                  On the Job Training: Product Planning                                       2
34.   On the Job Training: QA Customer Handling                              On the Job Training: QA Customer Handling                                   2
35.   Penerbitan P3                                                          P3 Publishing                                                               1
36.   Pengenalan Reprocessing                                                Reprocessing Introduction                                                   7
37.   Pengenalan Slitter & Mill                                              Slitter & Mill Introduction                                                 7
38.   Pengenalan Warehouse                                                   Warehouse Introduction                                                      6
39.   Pengoperasian dan Perawatan Overhead Crane                             Overhead Crane Operation and Maintenance                                   10
40.   Penilaian Resiko dan Identifikasi Potensi Bahaya di Tempat              Workplace Risk Assessment and Hazard Identification (HIRA)                  10
      Kerja (HIRA)



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  No.                                    Pelatihan Umum | General Training                                Jumlah Peserta | No. of Participant

  41.   Penyimpanan Material Bahan Baku Baja                        Storage of Steel Raw Materials                                        1
  42.   Performance Leadership                                      Performance Leadership                                                2
  43.   Pipa Baja dan Standarisasinya                               Steel Pipes and Standardization                                       7
  44.   Process dan Product Knowledge                               Process dan Product Knowledge                                         1
  45.   Product Specification                                        Product Specification                                                  6
  46.   Project Management                                          Project Management                                                    9
  47.   Quality Management System ISO 9001 (Edisi Terakhir)         Quality Management System ISO 9001 (Latest Edition)                   2
  48.   Risk Management                                             Risk Management                                                     17
  49.   Sosialisasi HR                                              HR Dissemination                                                      6
  50.   Spesifikasi Produk ASTM A53 (Edisi Terakhir)                 ASTM A53 Product Specification (Latest Edition)                        1
  51.   Spesifikasi Produk ASTM A795 (Edisi Terakhir)                ASTM A795 Product Specification (Latest Edition)                       1
  52.   Spesifikasi Produk Pipa Baja Saluran Air SNI 0039            SNI 0039 Steel Water Pipe Product Specification                        1
  53.   Spesifikasi Produk Pipa Conduit SNI 05 - 0069 (Edisi         SNI 05 - 0069 Conduit Pipe Product Specification (Latest               1
        Terakhir)                                                   Edition)
  54.   Spesifikasi Produk Pipa Konstruksi Mesin SNI 07 - 0067       SNI 07 - 0067 Machine Construction Pipe Product                       1
        (Edisi Terakhir)                                            Specification (Latest Edition)
  55.   Spesifikasi Produk Pipa Konstruksi Umum (SNI 0068 & JIS      General Construction Pipe Product Specification (SNI 0068 &            1
        G3444)                                                      JIS G3444)
  56.   Spesifikasi Produk Pipa Perabot                              Furniture Pipe Product Specification                                   1
  57.   System Thinking & Complex Decision Making                   System Thinking & Complex Decision Making                           59
  58.   Tingkat Komposisi Dalam Negeri                              Domestic Composition Level                                            6
  59.   Visi dan Misi Perusahaan                                    Company Vision and Mission                                            6
  60.   Work Habits                                                 Work Habits                                                           6
                                                                                                                          TOTAL        574




              Kinerja Ekonomi                Kinerja Sosial               Kinerja Lingkungan          Indeks POJK & Standar GRI          91
           Economic Performance            Social Performance         Environmental Performance       POJK Index & GRI Standard           6
Page 100
                                                                                                                            2024 Sustainability Report




Pelatihan Eksternal | External Training

No.                                        Pelatihan Non Manajemen | Non Management Training                           Jumlah Peserta | No. of Participant

01.   Master Class (Seminar) MARKETING 6.0: The Future is                       Master Class (Seminar) MARKETING 6.0: The Future is                           3
      Immersive                                                                 Immersive
02.   Technical Performance NDE Level II (Ultrasonic Testing)                   Technical Performance NDE Level II (Ultrasonic Testing)                       10
03.   Technical Performance NDE Level II (Liquid Penetrant Test &               Technical Performance NDE Level II (Liquid Penetrant Test &                    4
      Magnetic Particle Test)                                                   Magnetic Particle Test)
04.   Resertifikasi Ultrasonic Testing (UT) Level II                             Ultrasonic Testing (UT) Level II Recertification                                3
05.   Achieving Sustainability through Digital Transformation from              Achieving Sustainability through Digital Transformation from                   1
      Mitsubishi Electric                                                       Mitsubishi Electric
06.   Pelatihan Penyegaran Bagi Petugas Proteksi Radiasi (PPR)                  Refreshment Training for Radiation Protection Officers (PPR)                    1
      untuk Keperluan Selain Medik                                              for Non-Medical Purposes
07.   Pelatihan Pelatih Di Tempat Kerja (Mentor Pemagangan)                     Workplace Trainer Training (Internship Mentor) Batches V to                    1
      Angkatan V Sampai VIII                                                    VIII
08.   Pelatihan Pelatih Di Tempat Kerja (Mentor Pemagangan)                     Workplace Trainer Training (Internship Mentor) Batches IX to                   1
      Angkatan IX Sampai XII                                                    XII
09.   Resertifikasi PTMT Level II                                                PTMT Level II Recertification                                                   2
10.   Pelatihan & Sertifikasi P3K                                                First Aid Training & Certification                                              1
11.   Fortinet Accelerate Indonesia 2024                                        Fortinet Accelerate Indonesia 2024                                             1
12.   Perpanjangan Lisensi K3 SIO Crane Kelas III                               Extension of K3 SIO Crane Class III License                                   12
13.   Pelatihan dan Sertifikasi Petugas P3K (First Aid)                          First Aid Officer Training and Certification                                     5
14.   Legal Opinion                                                             Legal Opinion                                                                  1
15.   Advanced General Affair Management                                        Advanced General Affair Management                                             1
16.   Pelatihan & Sertifikasi Mobile Crane Kelas II                              Mobile Crane Class II Training & Certification                                  2
17.   Pelatihan Hiperkes                                                        Hiperkes Training                                                              1
18.   Leadership Challenge in The Winning Mindset for Supervisor                Leadership Challenge in The Winning Mindset for Supervisor                    22
19.   Coating Inspector Level II                                                Coating Inspector Level II                                                     1
20.   Sertifikasi Teknisi K3 Pesawat Angkat & Angkut                             Lifting & Transporting K3 Technician Certification                              2
21.   Implementasi ISO/IEC 17025:2017                                           ISO/IEC 17025:2017 Implementation                                              1
22.   Teknisi K3 Listrik                                                        Electrical K3 Technician                                                       3
23.   Strategic Process Management Excellence                                   Strategic Process Management Excellence                                       14
24.   Mengintegrasikan KPI dalam Performance Management                         Integrating KPIs in Performance Management to Achieve                          1
      untuk Mencapai Tujuan Bisnis                                              Business Goals                                                                 1
25.   SIO Forklift Kelas II                                                     SIO Forklift Kelas II                                                          6
26.   SIO Crane Kelas III                                                       SIO Crane Kelas III                                                           10
27.   Live Virtual Training: Project Management                                 Live Virtual Training: Project Management                                      3
28.   More Than Metrics: Transforming Business through People                   More Than Metrics: Transforming Business through People                        1
29.   Analytics Pelatihan & Sertifikasi SIO Crane Kelas III                      Analytics SIO Crane Class III Training & Certification                          1
30.   Sertifikasi Ahli Radiografi Level II                                        Radiographer Level II Certification                                             2
31.   Pelatihan & Sertifikasi AK3 Listrik                                        Electrical AK3 Training & Certification                                         3
32.   Pelatihan & Sertifikasi Forklift Kelas II                                  Class II Forklift Training & Certification                                      2
33.   Petugas K3 Kimia                                                          Chemical K3 Officer                                                             2
34.   Building Strategic CSR and Measuring with SROI                            Building Strategic CSR and Measuring with SROI                                 1
35.   Advance Risk Based Auditing                                               Advance Risk Based Auditing
36.   Financial Auditing for Internal Auditors                                  Financial Auditing for Internal Auditors                                       3




92                     Tentang Kami                   Strategi Keberlanjutan                      Profil Perusahaan                Tata Kelola Keberlanjutan
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  Pelatihan Eksternal | External Training

  No.                                      Pelatihan Non Manajemen | Non Management Training               Jumlah Peserta | No. of Participant

  37.    Root Cause Analysis                                          Root Cause Analysis                                                  5
  38.    Sales Profile Instrument (Sprint) Assessment                  Sales Profile Instrument (Sprint) Assessment                        31
  39.    Pelatihan & Sertifikasi Petugas Pemadam Kebakaran Kelas D     Class D Firefighter Training & Certification                         44
  40.    Pelatihan & Sertifikasi Petugas Pemadam Kebakaran Kelas C     Class C Firefighter Training & Certification                         26
  41.    Pelatihan & Sertifikasi Petugas Pemadam Kebakaran Kelas B     Class B Firefighter Training & Certification                           3
                                                                                                                                        238


  Pelatihan Eksternal | External Training

  No.                                      Pelatihan Manajemen | Management Training                       Jumlah Peserta | No. of Participant

  01. Empowering Through Coaching, Counseling & Mentoring            Empowering Through Coaching, Counseling & Mentoring                 25
  02. Sales Coaching                                                 Sales Coaching                                                      49
  03. Tantangan & Peluang Kolaborasi: Perpaduan Perusahaan           Challenges & Opportunities for Collaboration: The Combination of    29
        Keluarga & Profesionalisme dalam Era Bisnis Modern           Family Business & Professionalism in the Modern Business Era
  04. Level Up Strategy: A Strategy Framework for Growth             Level Up Strategy: A Strategy Framework for Growth                 129
  05. MasterClass (Seminar) MARKETING 6.0: The Future is             MasterClass (Seminar) MARKETING 6.0: The Future is                    2
        Immersive                                                    Immersive
  06. Technical Performance NDE Level II (Ultrasonic Testing)        Technical Performance NDE Level II (Ultrasonic Testing)               1
  07. One Day Conference The 10th Indonesia HR Director              One Day Conference The 10th Indonesia HR Director Summit:             1
        Summit: Building Healthy & High Performance                  Building Healthy & High Performance
  08. Achieving Sustainability through Digital Transformation from   Achieving Sustainability through Digital Transformation from          1
        Mitsubishi Electric                                          Mitsubishi Electric
  09. Pelatihan Penyegaran Bagi Petugas Proteksi Radiasi (PPR)       Refreshment Training for Radiation Protection Officers (PPR) for       1
        untuk Keperluan Selain Medik                                 Non-Medical Purposes
  10. Sosialisasi Pengembangan Industri Hijau                        Socialization of Green Industry Development                           1
  11. Seminar Optimalisasi NDT Phased Array & Radiografi              Seminar on Optimizing NDT Phased Array & Radiography as               2
        sebagai Solusi Inspeksi Modern Di Berbagai Sektor Industri   Modern Inspection Solutions in Various Industrial Sectors
  12. Business Matching Fair: How to Track Your Carbon Footprint     Business Matching Fair: How to Track Your Carbon Footprint          15
  13. Communication Skill for Generation Gap                         Communication Skill for Generation Gap                                2
  14. How to Build Organization Agility: Use Creative Process to     How to Build Organization Agility: Use Creative Process to            2
        Drives Organization Agility                                  Drives Organization Agility
  15. Innovation on Manpower Summit: Leading Change:                 Innovation on Manpower Summit: Leading Change: Sustainable            1
        Sustainable Employment Strategies for a Resilient Future     Employment Strategies for a Resilient Future                          1
  16. API Spec Q1 10th Edition                                       API Spec Q1 10th Edition                                              2
  17. Net Zero Incubator                                             Net Zero Incubator                                                    2
  18. People Centered Engagement: Melibatkan (Karyawan) Melalui People Centered Engagement: Engaging (Employees) Through                   1
        Kepemimpinan Rendah Hati                                     Humble Leadership
  19. Fortinet Accelerate Indonesia 2024                             Fortinet Accelerate Indonesia 2024                                    1
  20. System Thinking & Complex Decision Making                      System Thinking & Complex Decision Making                             1
  21. Resertifikasi Coating Inspector Level II                        Coating Inspector Level II Recertification                             1
  22. Sertifikasi BNSP Welding Inspector                              BNSP Welding Inspector Certification
  23. Sertifikasi Teknisi K3 Pesawat Angkat & Angkut                  K3 Technician Certification for Lifting & Transporting Aircraft        1
  24. Implementasi ISO/IEC 17025:2017                                Implementation of ISO/IEC 17025:2017                                  2
  25. Perpanjangan Lisensi Ahli AK3 Listrik                          Extension of AK3 Electrical Expert License                            1



               Kinerja Ekonomi                  Kinerja Sosial               Kinerja Lingkungan           Indeks POJK & Standar GRI       93
            Economic Performance              Social Performance         Environmental Performance        POJK Index & GRI Standard        6
Page 102
                                                                                                                           2024 Sustainability Report




Pelatihan Eksternal | External Training

No.                                        Pelatihan Manajemen | Management Training                                    Jumlah Peserta | No. of Participant

26. Mengintegrasikan KPI dalam Performance Management                           Integrating KPI in Performance Management to Achieve                           1
      untuk Mencapai Tujuan Bisnis                                              Business Goals                                                                 1
27. Training of Trainer Struktur dan Skala Upah Tahun 2024                      Training of Trainer Wage Structure and Scale in 2024                           1
28. Kesiapan WP Terhadap Implementasi Core Tax Dalam                            Taxpayer Readiness for Core Tax Implementation in Supporting                   1
      Mendukung Kegiatan Bisnis yang Lebih Efektif dan Efisien                   More Effective and Efficient Business Activities
29. Perpanjangan AK3 Listrik                                                    Extension of AK3 Electrical                                                    1
30. Advance Risk Based Auditing                                                 Advance Risk Based Auditing                                                    1
31. Financial Auditing for Internal Auditors                                    Financial Auditing for Internal Auditors                                       1
32. Root Cause Analysis                                                         Root Cause Analysis                                                            1
33. Sales Profile Instrument (Sprint) Assessment                                 Sales Profile Instrument (Sprint) Assessment                                   17
34. Pelatihan & Sertifikasi Petugas Pemadam Kebakaran Kelas D                    Class D Firefighter Training & Certification                                     2
35. Pelatihan & Sertifikasi Petugas Pemadam Kebakaran Kelas C                    Class C Firefighter Training & Certification                                     3
36. Pelatihan & Sertifikasi Petugas Pemadam Kebakaran Kelas B                    Class B Firefighter Training & Certification                                     2
                                                                                                                                                              305



Pelatihan Eksternal | External Training

No.                                        Pelatihan Direksi | Board of Directors Training                              Jumlah Peserta | No. of Participant

01. Tantangan dan Peluang Kolaborasi: Perpaduan Perusahaan Challenges and Opportunities for Collaboration: The Combination                                      6
      Keluarga & Profesionalisme dalam Era Bisnis Modern                   of Family Business & Professionalism in the Modern Business Era
02. Level Up Strategy: A Strategy Framework for Growth                     Level Up Strategy: A Strategy Framework for Growth                                   6
                                                                                                                                                              12


Tujuan Program Pelatihan dan Pengembangan di Tahun 2024                             Training and Development Program Objectives for 2024
1. Peningkatan kompetensi karyawan melalui pembelajaran                             1.   Enhance Employee Competency through continuous learning by
      berkelanjutan dengan mengembangkan program pelatihan yang                          developing more structured and ongoing training programs to
      lebih terstruktur dan berkelanjutan untuk meningkatkan                             improve employees' skills in performing their tasks effectively.
      kompetensi karyawan dalam menjalankan tugas-tugas                             2.   Provide Career Development Opportunities to offer broader
      karyawan.                                                                          opportunities for employees to learn and grow through clear
2. Memberi fasilitas pengembangan karir individu untuk                                   career paths and coaching or mentoring programs.
      meningkatkan kesempatan yang lebih luas bagi karyawan untuk                   3.   Increase Employee Loyalty by introducing more targeted training
      belajar dan berkembang, melalui jalur karir yang jelas serta                       programs based on individual career paths.
      program coaching atau mentoring.                                              4.   Encourage Innovation and Creativity through project-based
3. Meningkatkan loyalitas karyawan dengan memperkenalkan                                 learning focused on cross-departmental collaboration to foster
      program-program pelatihan yang lebih spesifik berdasarkan jalur                     creativity and innovation.
      karir individu.                                                               5.   Boost the Company’s Competitiveness by creating training
4. Mendorong inovasi dan kreativias melalui pembelajaran berbasis                        programs that focus on skill development relevant to the latest
      proyek yang berfokus pada kolaborasi lintas departemen untuk                       industry needs, ensuring the company remains competitive in the
      mendorong kreativitas dan inovasi.                                                 market.
5. Meningkatkan daya saing perushaan dengan menciptakan
      program pelatihan yang berfokus pada pengembangan
      keterampilan yang relevan dengan kebutuhan industri terbaru
      akan membantu perusahaan tetap kompetitif di pasar.


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  6. Meningkatkan kemampuan perusahaan untuk beradaptasi                   6. Enhance the Company’s Ability to Adapt to rapid changes in the
      dengan perubahan lingkungan bisnis yang cepat dengan                      business environment by providing training on the latest
      memberikan pelatihan terkait teknologi terbaru, perubahan                 technologies, regulatory changes, and emerging market trends.
      regulasi, dan tren pasar yang berkembang.


  Sepanjang tahun 2024, telah dilakukan 60 pelatihan internal yang         Throughout 2024, 60 internal training sessions were conducted, with
  diikuti oleh 574 peserta yang terbagi menjadi 60 Pelatihan Non-          574 participants, divided into 60 Non-Management and 60
  Manajemen dan 60 Pelatihan Manajemen. Perseroan juga melakukan           Management training sessions. The company also held 77 external
  77 pelatihan eksternal yang diikuti oleh 543 peserta, yang terbagi       training sessions with 543 participants, divided into 41 Non-
  menjadi 41 Pelatihan Non-Manajemen dan 36 Pelatihan Manajemen.           Management and 36 Management training sessions.


  Pelatihan Eksternal bagi Direksi dilakukan sebanyak 2 pelatihan yang     External training for the Board of Directors was conducted in 2
  diikuti oleh 12 peserta.                                                 sessions, with 12 participants.




  Jam dan Biaya Pengembangan Kompetensi Karyawan |
  Employee Competency Development Hours and Costs [404-1]

                                                                         2024                          2023                               2022


    Biaya [Rp]
    Costs [IDR]
                                                                  870.869.100                   378.725.192                   171.349.000



     Jumlah [Jam]
     Total [Hours]
                                                                   6734                               8795                           277
  Sepanjang 2024, total investasi untuk pelatihan dan pengembangan        Throughout 2024, the total investment for employee training and
  kompetensi karyawan mencapai Rp 870.869.100 dengan total                competency development amounted to IDR 870,869,100, with a
  waktu yang digunakan adalah 6734 jam.                                   total of 6,734 hours spent.


  Jam pelatihan selama 2024 menurun karena lebih banyak dilakukan         The training hours in 2024 decreased due to a higher emphasis on
  sertifikasi untuk memenuhi regulasi yang berlaku. Sehubungan             certification to comply with applicable regulations. Consequently, the
  dengan hal tersebut biaya pelatihan dan pengembangan kompetensi         cost of employee training and competency development in 2024
  karyawan tahun 2024 meningkat pesat dibandingkan dengan tahun           increased significantly compared to the previous year, primarily due
  sebelumnya, karena banyaknya kebutuhan perusahaan dalam                 to the company's need to meet regulations through certification
  memenuhi regulasi dengan melakukan ser tifikasi seper ti                 programs, such as Firefighter Training and Certification or other
  pelaksanaan Pelatihan dan Sertifikasi Petugas Pemadam Kebakaran          certifications related to Occupational Health and Safety (K3)
  atau sertifikasi yang terkait dengan kebutuhan K3 lainnya.               requirements.


  Selain itu perusahaan juga memiliki fokus pengembangan di level         Additionally, the company also focused on development at the
  direksi atau manajemen yaitu berupa pengembangan soft skill yang        executive and management levels, particularly in soft skills
  membutuhkan nilai investasi lebih besar.                                development, which required a larger investment.


              Kinerja Ekonomi                  Kinerja Sosial                 Kinerja Lingkungan              Indeks POJK & Standar GRI          95
           Economic Performance              Social Performance           Environmental Performance           POJK Index & GRI Standard           6
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Keselamatan dan Kesehatan Kerja (K3) [F2] [403]
Occupational Safety and Health (OSH)


Perseroan selalu berkomitmen untuk menyediakan tempat kerja dan                 The company is always committed to providing a safe and
fasilitas yang aman dan nyaman bagi karyawan agar dapat bekerja                 comfortable workplace and facilities for employees to work
dengan baik, selalu menjaga keselamatan dan terhindar dari kejadian             effectively, ensuring safety and avoiding hazardous incidents. To
berbahaya. Untuk itu, Perseroan selalu menjalankan program                      achieve this, the company consistently implements its Occupational
Kesehatan dan Keselamatan Kerja (K3).                                           Health and Safety (K3) program.


K3 merupakan kunci keberlanjutan Perusahaan. Tanpa adanya K3                    K3 is key to the company’s sustainability. Without proper and
yang baik dan terjaga, SPINDO tidak dapat beroperasi secara optimal.            maintained K3, SPINDO cannot operate optimally. Poor K3
Sebab, K3 yang yang tidak terjaga, akan berdampak pada banyak hal.              management can have significant consequences, including the loss
Mulai dari sumber daya manusia yang hilang, produksi yang gagal,                of human resources, production failures, high costs, and even the
biaya yang tinggi, hingga dicabutnya izin operasi.                              revocation of operational permits.


Atas dasar hal tersebut, kami berupaya semaksimal mungkin                       For this reason, we make every effort to implement K3 in all
menerapkan K3 di area operasional. Sehingga diharapkan dapat                    operational areas. It is expected that this will prevent accidents and
mencegah terjadinya kecelakaan maupun kerugian akibat insiden                   losses resulting from incidents. Low accident rates and absenteeism
yang terjadi. Rendahnya kecelakaan kerja dan tingkat ketidakhadiran             are generally associated with positive trends in employee morale and
umumnya dihubungkan dengan tren positif dalam semangat dan                      productivity.
produktivitas.


Penerapan K3 di lingkungan perusahaan mengacu pada:                             OSH implementation in the Company refers to:
1. Undang-undang No. 1 Tahun 1970 tentang Keselamatan Kerja;                    1. Law No. 1 of 1970 concerning Occupational Safety
2. Undang-undang No. 23 tahun 1992 tentang Kesehatan;                           2. Law No. 23 of 1992 concerning Health
3. Undang-undang No.13 Tahun 2003 tentang Ketenagakerjaan.                      3. Law No. 13 of 2003 concerning Manpower


Penjabaran kebijakan tersebut adalah sebagai berikut: [403-7]                   Explanation/Elaboration of the policy is as follows: [403-7]
1. Perseroan menyediakan alat pelindung diri secara cuma–cuma                   1. The Company provides free self-protective gear and guarantees
     dan menjamin semua karyawan diwajibkan menggunakan alat                        all employees are obligated to wear them according to their
     pelindung diri sesuai dengan jenis pekerjaan yang menjadi                      respective occupations.
     tanggung jawabnya karyawan.                                                2. The Company conducts supervision and inspection in all work
2. Perseroan melaksanakan pengawasan dan pemeriksaan seluruh                        locations before employees begin to perform their tasks and
     lokasi kerja sebelum karyawan melaksanakan pekerjaan yang                      duties so that employees will be able to work comfortably and
     menjadi tugas dan tanggung jawab dari karyawan tersebut.                       free from risk of injuries.
     Sehingga seluruh karyawan dapat bekerja dengan aman, nyaman,               3. The company facilitates employees to carry out periodic health
     dan bebas dari risiko cedera.                                                  checks and employees are required to take part in the program.[403-6]
3. Perseroan memfasilitasi karyawan untuk melakukan pengecekan                  4. The Company always committed to reducing the risk of property
     kesehatan secara berkala dan karyawan wajib mengikuti program                  damage through Safety Health and Environment (SHE) Training,
     tersebut.[403-6]
                                                                                    which mandates all supervisors to conduct safety accountability,
4. Perseroan selalu berupaya mengurangi kerusakan harta benda                       routine inspection on all vehicle units and equipment, and to
     melalui pelatihan Kesehatan, Keselamatan, Keamanan dan                         accommodate emergency response equipment and to form an
     Lingkungan Hidup (K3LH), mewajibkan seluruh pengawas untuk                     emergency response team.
     melaksanakan safety accountability, melakukan inspeksi
     terhadap unit kendaraan dan peralatan secara berkala, serta
     menyediakan peralatan tanggap darurat dan membentuk tim
     tanggap darurat.




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  Komite Keselamatan & Kesehatan Kerja (K3) | Occupational Safety & Health Committee [403-4]

  Perseroan menetapkan struktur P2K3 (Panitia Pembina Keselamatan        The Company has established a P2K3 (Occupational Safety and
  dan Kesehatan Kerja) sebagai salah satu upaya dalam pencegahan         Health Committee) structure as one of the efforts to prevent
  gangguan keselamatan dan kesehatan tenaga kerja.                       disruption to the safety and health of the workforce.


  Komite P2K3 dijadikan sebagai wadah kerjasama antara manajemen         The P2K3 Committee is applied as a forum for cooperation between
  dan pekerja untuk mengembangkan kerjasama saling pengertian dan        management and workers to develop mutual understanding and
  partisipasi efektif dalam penerapan sistem manajemen Keselamatan       effective participation in the implementation of the Occupational
  dan Kesehatan Kerja.                                                   Safety and Health management system.




                                                                                                                            [403-2]
  Kinerja Keselamatan & Kesehatan Kerja (K3) | Occupational Safety & Health Performance

  Perseroan secara berkala melakukan pengukuran untuk performa           The Company regularly conducts an assessment of OHS
  kinerja K3. Dalam melakukan pengukuran tersebut, tingkat               performance. In this assessment process, the Company classifies the
  kecelakaan kerja dikategorikan sebagai berikut:                        level of work accidents as follows:
  1.   Berpotensi Celaka: Kejadian tak terduga/tak terencana yang        1. Near miss / Potential Accident: An unexpected/unplanned event
       tidak menimbulkan cidera pada manusia ataupun kerusakan                that does not cause injury to people or damage to equipment, but
       pada alat, tetapi berpotensi terhadap dampak yang lebih serius.        has the potential to have a more serious impact.
  2.   Kecelakaan Ringan: Kecelakaan yang menyebabkan cedera             2. Minor Accident: An accident that causes injury to the worker so
       pada pekerja sehingga pekerja tidak mampu bekerja selama               that the worker is unable to work for less than 48 hours.
       kurang dari 48 jam.                                               3. Moderate Accident: An accident that causes injury to the worker
  3.   Kecelakaan Sedang: Kecelakaan yang menyebabkan cedera                  so that he is unable to work more than 48 hours and less than 7
       pada pekerja sehingga tidak mampu bekerja lebih dari 48 jam            (seven) days.
       dan kurang dari 7 (tujuh) hari.                                   4. Serious Accident: An accident that causes injury to workers that
  4.   Kecelakaan Berat: Kecelakaan yang menyebabkan cedera pada              causes disability or loss of body function, so that they are unable
       pekerja yang menyebabkan cacat atau kehilangan fungsi tubuh,           to work for more than 7 (seven) days.
       sehingga tidak mampu bekerja lebih dari 7 (tujuh) hari.           5. Fatality: An accident resulting in death or the death of the worker.
  5.   Fatalitas: Kecelakaan yang berakibat kematian atau pekerja        6. Property Damage: Accident that results in damage on
       meninggal dunia.                                                       equipment or unit but does not involve injury to the worker.
  6.   Kerusakan Properti: Kecelakaan yang berakibat kerusakan
       peralatan atau unit tetapi tidak disertai cedera pada manusia.    In 2024, the Company recorded a number of incidents involving
                                                                         employees and other workers. Total work incidents that occurred are
  Selama tahun 2024, Perseroan mencatat ada beberapa insiden yang        95 cases, nevertheless, the Company managed to obtain “Zero
  dialami karyawan dan pekerja lain. Total jumlah peristiwa kecelakaan   Fatality”.
  kerja mencapai 95 kasus, namun Perseroan berhasil mencapai “zero
  fatality”.




                  Kinerja Ekonomi               Kinerja Sosial               Kinerja Lingkungan             Indeks POJK & Standar GRI        97
               Economic Performance           Social Performance         Environmental Performance          POJK Index & GRI Standard         6
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                                                                2022                                      2023                                     2024

Kategori Kecelakaan                                  Kantor             Pabrik                 Kantor               Pabrik             Kantor              Pabrik
     Category                                        Office              Plant                  Office                Plant              Office               Plant

Berpotensi Celaka | Potentially Accident                    -                   1                     -                 -                     -                  -

Ringan | Minor Injury                                       -                  66                     -               57                      -                 53

Sedang | Moderate Injury                                    -                  19                     -               11                      -                 14

Berat | Major Injury                                        -                   9                     -                6                      -                  7

Kematian | Fatality                                         -                   -                     -                 -                     -                  -

Kerusakan Properti | Property Damage                        -                   -                     -                 -                     -                  -

Jumlah | Total                                              -                  95                     -               74                      -                 74




                                                            [403-9]
Resiko Dalam Bekerja | Occupational Risks
SPINDO dalam operasionalnya memiliki jenis pekerjaan yang                            SPINDO in its operations has a type of work that is classified as
tergolong memiliki risiko tinggi terhadap K3. Jenis pekerjaan tersebut              having a high risk of OHS. The types of work are:
adalah:
1. Pekerjaan di ketinggian                                                          1. Work at height
2. Pekerjaan panas                                                                  2. Work with heat exposure
3. Pekerjaan dengan bahaya listrik tegangan tinggi                                  3. Work with high voltage
4. Pekerjaan di ruang terbatas                                                      4. Work in confined spaces
5. Pekerjaan dengan bahaya radiasi                                                  5. Work with radiation hazards



                   Tingkat dan Jumlah Kecelakaan Kerja Karyawan 2024 | Rate and Number of Employee Accidents in 2024

Uraian | Description                          Unit 1                  Unit 2                Unit 3            Unit 4               Unit 5                Unit 6

Jumlah Jam Kerja | Total Man-hours             846.714                1.252.210              587.965         676.793,6            1.378.479             536.853,1

Jumlah Kecelakan Kerja | Total Accidents                9                           8                9                      6               37                       5

Jumlah Hari Hilang | Total Loss Workdays               32                       24                   30                     5            136                         37

Accident Frequency Rate (AFR)                     10,63                        6,39            15,31                  8,87            26,84                      9,31

Accident Severity Rate (ASR)                      37,79                    19,17           51,02345                   7,39            98,66                     68,92

Near Miss                                               0                           0                 0                     0                0                        0




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                                                                                                                                     [403-02,03,04,05]
  Sertifikasi Kompetensi Personil Kebakaran | Firefighting Personnel Competency Certification

  Sertifikasi Kompetensi Personil Kebakaran Kelas A, B, C, dan D            The Firefighting Personnel Competency Certification for Classes A, B,
  adalah program pelatihan yang dirancang untuk meningkatkan               C, and D is a training program designed to enhance the skills and
  kemampuan dan pengetahuan personil kebakaran dalam mengatasi             knowledge of firefighting personnel in addressing fire risks in various
  risiko kebakaran di berbagai jenis lingkungan kerja. Sertifikasi ini      work environments. This certification aims to ensure that personnel
  bertujuan untuk memastikan bahwa personil yang terlibat dalam            involved in fire suppression have the competencies in line with
  penanggulangan kebakaran memiliki kompetensi yang sesuai                 established standards and can perform their duties effectively and
  dengan standar yang ditetapkan, serta dapat melaksanakan                 efficiently.
  tugasnya dengan efektif dan efisien.

                                       Aktivitas                                                        Waktu Pelaksanaan                Jumlah Peserta
  No.
                                       Activity                                                        Implementation Time              No. of Participant

  1.      Sertifikasi Peran Kebakaran Kelas D | Class D Firefighting Role                Batch 1 (14 - 16 Mei | May 2024 )                                 23
          Certification                                                                 Batch 2 (20 - 22 Mei | May 2024 )                                 23
  2.      Sertifikasi Regu Penanggulangan Kebakaran Kelas C | Class C Firefighting 01 - 05 Juli | July 2024                                                29
          Team Certification
  3.      Sertifikasi Koordinator Unit Penanggulangan Kebakaran Kelas B | Class B       23 - 27 September | September 2024                                     6
          Firefighting Unit Coordinator Certification
  4.      Sertifikasi Ahli K3 Kebakaran Kelas A | Level A Firefighting Safety Expert     Rencana Pelaksanaan 18 - 25 Januari 2025 |                             6
          Certification                                                                 Implementation Plan 18 - January 2025


  Tujuan Sertifikasi:                                                       Certification Objectives:
  Ÿ     Meningkatkan Keamanan dan Keselamatan: Memastikan personil         Ÿ    Enhance Safety and Security: Ensure that firefighting personnel
        kebakaran terlatih dan siap dalam menghadapi situasi darurat            are trained and prepared to handle fire emergencies, thereby
        kebakaran, sehingga dapat mengurangi risiko kerugian dan                reducing the risk of loss and ensuring safety in the workplace.
        memastikan keselamatan di lingkungan kerja.                        Ÿ    Meet Regulatory Requirements: Guarantee that the company
  Ÿ     Memenuhi Persyaratan Regulasi: Menjamin perusahaan                      complies with safety standards set by relevant authorities.
        memenuhi standar keselamatan kerja yang ditetapkan oleh otoritas   Ÿ    Improve Firefighting Quality: Enhance the quality of fire teams in
        terkait.                                                                addressing fires according to the correct procedures, whether by
  Ÿ     Peningkatan Kualitas Penanggulangan Kebakaran: Meningkatkan             using fire extinguishing equipment, evacuation techniques, or
        kualitas tim kebakaran dalam menangani kebakaran sesuai dengan          team coordination.
        prosedur yang tepat, baik itu dengan menggunakan alat pemadam      Ÿ    Continuous Competence Development: Provide opportunities for
        api, teknik evakuasi, maupun koordinasi tim.                            personnel to upgrade their skills and knowledge in line with the
  Ÿ     Pengembangan Kompetensi Berkelanjutan: Menyediakan                      latest fire suppression technology and procedures.
        kesempatan bagi personil untuk meningkatkan keterampilan dan
        pengetahuan mereka terkait dengan perkembangan teknologi dan       Certification Targets:
        prosedur penanggulangan kebakaran terbaru.                         Ÿ    Firefighting personnel responsible for fire control within the
                                                                                company.
  Target Sertifikasi:                                                       Ÿ    Safety and Health (K3) Managers who need to ensure that the fire
  Ÿ     Personil Kebakaran yang bertanggung jawab atas pengendalian             suppression system is functioning well.
        kebakaran di Perseroan.                                            Ÿ    Companies seeking to enhance their fire risk management system
  Ÿ     Manajer Keselamatan dan Kesehatan Kerja (K3) yang perlu                 and meet applicable safety standards.
        memastikan sistem penanggulangan kebakaran berjalan dengan
        baik.
  Ÿ     Perseroan yang ingin meningkatkan sistem manajemen risiko
        kebakaran dan memenuhi standar keselamatan yang berlaku.



                   Kinerja Ekonomi                   Kinerja Sosial            Kinerja Lingkungan               Indeks POJK & Standar GRI                99
                Economic Performance               Social Performance      Environmental Performance            POJK Index & GRI Standard                 6
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                                                                                                                 2024 Sustainability Report




 Proses Sertifikasi: Proses sertifikasi mencakup pelatihan teori dan          Certification Process: The certification process includes theoretical
 praktik, ujian kompetensi, serta evaluasi langsung terhadap                and practical training, competency exams, and direct evaluations of
 kemampuan personil dalam mengaplikasikan prosedur kebakaran                the personnel’s ability to implement fire procedures effectively. This
 secara efektif. Sertifikasi ini juga mencakup pemahaman tentang             certification also covers understanding the use of fire extinguishing
 penggunaan alat pemadam api, prosedur evakuasi, ser ta                     equipment, evacuation procedures, and handling fires based on the
 penanganan kebakaran sesuai dengan skala dan jenis kebakaran.              scale and type of fire.


 Dengan sertifikasi ini, Perseroan dapat memastikan bahwa personil           With this certification, the company can ensure that firefighting
 kebakaran memiliki pengetahuan dan keterampilan yang dibutuhkan            personnel possess the necessary knowledge and skills to handle fires
 untuk menangani kebakaran secara profesional, serta dapat                  professionally, as well as enhance safety standards and company
 meningkatkan standar keselamatan dan kinerja Perseroan dalam               performance in maintaining a secure working environment.
 menjaga lingkungan kerja yang aman.




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  Program Peningkatan Kualitas Kesehatan Karyawan | Promotion of Worker Health Program [403-6]




  SPINDO Cup 2024
  SPINDO CUP 2024 dilaksanakan pada bulan Agustus 2024, sebagai          SPINDO CUP 2024 was held in August 2024 as part of Indonesia's
  bagian dari peringatan Hari Kemerdekaan Indonesia.                     Independence Day celebrations. The competition, proposed by the
  Penyelenggaraan lomba antar unit ini diajukan oleh LKS Bipartit        SPINDO Bipartite LKS (Trade Union) to the management of PT
  SPINDO kepada Manajemen PT SPINDO Tbk sebagai sarana untuk             SPINDO Tbk, aimed to enhance employees health, also teamwork
  meningkatkan kesehatan karyawan, serta kekompakan dan                  and camaraderie among employees.
  kebersamaan di antara karyawan.


  Panitia SPINDO Cup 2024 melibatkan perwakilan dari berbagai unit,      The SPINDO Cup 2024 organizing commit tee involved
  dengan merancang konsep acara, menyusun jadwal pertandingan,           representatives from various units, who designed the event concept,
  serta menentukan cabang olahraga yang akan dilombakan, seperti         created the match schedule, and selected the sports to be contested,
  futsal, voli, bulu tangkis, dan e-sports. Perseroan memberi dukungan   such as futsal, volleyball, badminton, and e-sports. The company
  untuk SPINDO Cup 2024 yang diharapkan menjadi ajang kompetisi          supported the SPINDO Cup 2024, expecting it to be a competition
  yang tidak hanya meningkatkan semangat sportivitas, tetapi juga        that would not only foster sportsmanship but also strengthen
  memperkuat solidaritas di lingkungan kerja.                            solidarity within the workplace.


  Pertandingan futsal, bulu tangkis, dan voli diselenggarakan di         The futsal, badminton, and volleyball matches were held at the
  Kebraon Sport Center, Surabaya, sementara pertandingan e-sports        Kebraon Sport Center in Surabaya, while the e-sports matches took
  berlangsung di Unit VI PT SPINDO Tbk, yang berlokasi di Jalan Raya     place at Unit VI of PT SPINDO Tbk, located at Jalan Raya
  Cemengkalang Nomor 10, Sidoarjo.                                       Cemengkalang No. 10, Sidoarjo.


  Tanggal 29 September 2024, Opening Ceremony secara resmi               On September 29, 2024, the Opening Ceremony was officially
  dibuka oleh Wakil President Director, Bapak Tedja Sukmana              inaugurated by Vice President Director Mr. Tedja Sukmana,
  bertepatan dengan pertandingan futsal pertama. Kompetisi bulu          coinciding with the first futsal match. The badminton competition
  tangkis dilaksanakan pada 24 Oktober 2024, diikuti oleh voli pada 3    took place on October 24, 2024, followed by volleyball on November
  November 2024, serta pertandingan e-sports yang berlangsung            3, 2024, and the e-sports matches on November 10 and 17, 2024.
  pada 10 dan 17 November 2024.




             Kinerja Ekonomi                  Kinerja Sosial                 Kinerja Lingkungan             Indeks POJK & Standar GRI   101
          Economic Performance              Social Performance           Environmental Performance          POJK Index & GRI Standard     6
Page 110
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 Pemenang Grup SPINDO Cup 2024 | SPINDO Cup 2024 Group Winners




Pertandingan | Competition             Juara 1 | 1st Winner        Juara 2 | 2nd Winner             Juara 3 | 3rd Winner

 Futsal | Futsal                                Unit 5                       Unit 1                          Unit 6

 Badminton | Badminton              Kantor Pusat | Head Office                Unit 3                          Unit 1

 Voli | Volleyball                              Unit 5                       Unit 1                          Unit 2

 E-sports                                       Unit 6           Kantor Pusat | Head Office                   Unit 1




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      SPINDO Cup 2024 Testimoni | Testimonials SPINDO Cup 2024




    SPINDO Cup 2024 luar biasa!                      SKF Juara Umum SPINDO                             Semoga tiap tahun SPINDO
    SPINDO Cup 2024 was amazing!                     Cup 2024: Kebanggaan Tak                          Cup bisa berkembang lebih
                                                     Terlukiskan! Luar biasa!                          besar!
                                                     SKF, Overall Champion of SPINDO Cup               I hope that SPINDO Cup can grow
                                                     2024: An Undecribable Pride! Amazing!             bigger every year!



    “Ajang ini tidak hanya untuk meningkat-          “SKF berhasil meraih Juara Umum di                “Saya mengikuti ajang SPINDO Cup
    kan sportivitas, tetapi juga mempererat          SPINDO Cup 2024 setelah menjuarai                 2024 untuk menambah skill hobi saya
    kebersamaan. Antusiasme peser ta                 futsal dan voli. Dengan kerja keras,              terutama bermain Mobile Legend,
    sangat tinggi dan penuh semangat.                strategi matang, dan semangat juang               selain tentu saja skill bekerja di
    Semoga SPINDO Cup terus berlanjut dan            tinggi, kami membuktikan diri sebagai             SPINDO. Semoga tiap tahun SPINDO
    menjadi tradisi tahunan yang semakin             yang terbaik. Kemenangan ini adalah               Cup bisa berkembang lebih besar!”
    meriah dan membawa manfaat bagi                  bukti kekompakan dan dedikasi tim. SKF,
    pekerja dan perusahaan”                          kita juara!”


    “This event not only promotes                    “SKF claimed the overall championship             "I participated in the SPINDO Cup
    sportsmanship but also strengthens               in the SPINDO Cup 2024 after winning              2024 to enhance my skills in my hobby,
    unity. The enthusiasm of the participants        both futsal and volleyball. With hard             especially playing Mobile Legends, in
    was high and full of energy. I hope              work, a solid strategy, and a high fighting        addition to improving my work skills at
    SPINDO Cup continues and becomes an              spirit, we proved ourselves to be the             SPINDO. I hope that SPINDO Cup can
    annual tradition that grows more vibrant         best. This victory is a testament to the          grow bigger every year!"
    and brings benefits to both employees             unity and dedication of our team. SKF,
    and the company.”                                we are the champions!”


                                 Amanda                                           Joko                                                   Yulius




             Kinerja Ekonomi                 Kinerja Sosial                    Kinerja Lingkungan            Indeks POJK & Standar GRI            103
          Economic Performance             Social Performance              Environmental Performance         POJK Index & GRI Standard              6
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 Pengembangan Masyarakat [F.23, F25][202, 204, 413]
 Community Development



 Masyarakat adalah salah satu elemen penting dalam mendukung                  The community is one of the key elements in supporting the
 kesinambungan dan kelancaran operasi. Hal ini tidak lepas dari               continuity and smooth operation of the company. This is inseparable
 dampak yang mungkin timbul akibat aktivitas Perusahaan, baik                 from the potential impacts that may arise from the company’s
 dampak lingkungan, ekonomi, maupun sosial budaya. Tanpa                      activities, whether environmental, economic, or socio-cultural.
 dukungan dari masyarakat, kami akan menghadapi banyak kendala                Without the support of the community, we would face many
 dalam mencapai tujuan.                                                       obstacles in achieving our objectives.


 SPINDO melakukan upaya pengelolaan hubungan kemasyarakatan                   SPINDO manages community relations by conducting social
 dengan cara melakukan pemetaan sosial. Dalam tahap ini, kami                 mapping. In this phase, we collaborate with local leaders and
 bekerjasama dengan pimpinan dan tokoh masyarakat setempat di                 community figures around the operational areas. Subsequently, we
 sekitar wilayah operasional. Selanjutnya, pendekatan program                 implement a program approach with the aim of maximizing
 dilakukan dengan tujuan pelibatan maksimal masyarakat sekitar                community involvement to support smooth operations.
 guna mendukung kelancaran operasional.


 Pelibatan aktif masyarakat dalam mendukung operasional dilakukan             Active community involvement in supporting operations is carried out
 dengan berbagai bentuk, diantaranya adalah menjadikan masyarakat             in various forms, including hiring local community members as
 sekitar sebagai karyawan serta menjadikannya sebagai mitra kerja             employees and engaging them as supporting business partners,
 pendukung, seperti kontraktor dan vendor. [F.23]                             such as contractors and vendors.[F.23]


 Upaya penilaian dampak operasi terhadap kondisi lingkungan dan               The effort to assess the impact of operations on the environment and
 sosial masyarakat lokal dijalankan secara simultan oleh Perusahaan           local social conditions is conducted simultaneously by the company in
 sesuai dengan regulasi. Efektifitas penanganan dampak operasi                 accordance with regulations. The effectiveness of handling
 terhadap masyarakat dilakukan secara periodik untuk mendapatkan              operational impacts on the community is carried out periodically to
 hasil pengukuran yang akurat dan netral.  [F.25]
                                                                              obtain accurate and neutral measurement results. [F.25]


 Operasional Perseroan mengacu dan mematuhi baku mutu yang                    The company’s operations refer to and comply with the established
 telah ditetapkan. Pengukuran dampak operasional ini dilakukan                quality standards. The measurement of operational impacts is
 secara berkala agar dampak operasional dapat terus terukur dan               conducted regularly to ensure that the impacts remain measurable
 terkendali. Upaya ini dilakukan guna meminimalisir dampak terhadap           and controllable. This effort is aimed at minimizing the impact on the
 lingkungan dan masyarakat. [F.25]                                            environment and the community. [F.25]




 Pelaksanaan Inisiatif Pengembangan Sosial dan Kemasyarakatan |
                                                                            [F.23][202-2,204-1]
 Implementation of Social and Community Development Initiatives Initiatives

 1.   Penggunaan Tenaga Kerja Lokal [202-2]                                   1. Use of Local Workforce [202-2]
      Setiap pelaksanaan pengembangan sosial dan kemasyarakatan,                  In the implementation of social and societal development, the
      Perseroan senantiasa mengupayakan memilliki peran dan                       Company always seeks to acquire the role and contribution from
      kontribusi dari para pekerja lokal yang direkrut oleh Perseroan.            the local workers recruited by the Company. This program is
      Program ini dinilai memberikan dampak positif guna mendukung                considered will give a positive impact that will render support to




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       program Pemerintah dalam mengurangi angka pengangguran.                    the Government’s program to reduce unemployment rate. The
       Perseroan memberi kesempatan kepada para pekerja lokal untuk               Company provides opportunities for local workers to develop
       mengembangkan kemampuannya dan menduduki jabatan                           their capabilities and occupy important positions without
       penting tanpa diskriminasi, hal ini telah dijelaskan pada halaman          discrimination, this has been explained on page 84, this chapter.
       84, bab ini.


  2.   Pemasok Lokal [204-1]                                                  2. Local Supplier [204-1]
       SPINDO memiliki banyak lokasi porduksi Perusahaan yang                     SPINDO has multiple production locations spread across various
       tersebar di sejumlah wilayah di Indonesia. Wilayah operasional             regions in Indonesia. SPINDO's operational areas include
       SPINDO mencakup Surabaya [Jawa Timur], Cikupa-Tangerang                    Surabaya [East Java], Cikupa-Tangerang Banten, Cilegon-
       Banten, Cilegon-Banten, DKI Jakarta, Bandung [Jawa Barat],                 Banten, DKI Jakarta, Bandung [West Java], Makassar [South
       Makasar [Sulawesi Selatan] dan Samarinda [Kalimantan Timur].               Sulawesi], and Samarinda [East Kalimantan]. In its operations,
       Dalam operasionalnya, SPINDO selalu mengoptimalkan dan                     SPINDO always optimizes and prioritizes local suppliers to
       mengutamakan pemasok lokal guna mendukung jalannya                         support the running of operations, especially suppliers that are
       operasi, khususnya pemasok yang memang sudah tersedia di                   already available in the operational areas.
       lokasi tempat operasional berlangsung.




                        Jumlah Pemasok Lokal Berdasarkan Lokasi [2023] | Total Local Suppliers based on Location [2024]


  Wilayah Operasional | Area of Operation                 Jumlah Pemasok | Total Supplier                 Layanan | Services


  Surabaya, Jawa Timur | Surabaya, East Java                           300       Jasa | Services
  Surabaya, Jawa Timur | Surabaya, East Java                           108       Barang | Goods
  Surabaya, Jawa Timur | Surabaya, East Java                           67        Barang & Jasa | Goods & Services
  Samarinda, Kalimantan Timur | Samarinda, East Kalimantan              8        Barang, Jasa, Barang & Jasa | Goods, Services, Goods & Services
  Makassar, Sulawesi Selatan | Makassar, South Sulawesi                15        Barang, Jasa, Barang & Jasa | Goods, Services, Goods & Services
  Jakarta & Jawa Barat | Jakarta & West Java                           80        Barang, Jasa, Barang & Jasa | Goods, Services, Goods & Services




  Kegiatan Tanggung Jawab Sosial Perusahaan (CSR) |
  Corporate Social Responsibility (CSR) Activities [102-42, 102-43, 413-1, 413-2]

  Kegiatan Tanggung Jawab Sosial Perusahaan (CSR) Perseroan                   The Company's Corporate Social Responsibility (CSR) activities are
  terbagi menjadi “Iuran Rutin Dana Kemasyarakatan” dan “Dana                 divided into “Regular Community Contributions Fees” and
  Program Pengembangan Masyarakat”. Perseroan mengelompokkan                  “Community Development Program Funds”. The Company classifies
  masyarakat pemangku kepentingan sesuai dengan intensitas                    the community of stakeholders according to the intensity of the
  terdampaknya.                                                               impact.




              Kinerja Ekonomi                    Kinerja Sosial                  Kinerja Lingkungan             Indeks POJK & Standar GRI       105
           Economic Performance                Social Performance            Environmental Performance          POJK Index & GRI Standard         6
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 Program Dana Pengembangan Masyarakat disalurkan dalam 4                      The Community Development Fund Program is channeled into 4
 (empat) bidang utama, yaitu :                                                (four) main areas, such as:
 1. Kontribusi kepada komunitas                                               1. Contribution to the Community
 2. Amal / Santunan                                                           2. Donations / Charity
 3. Sponsorship                                                               3. Grant
 4. Pembangunan infrastruktur.                                                4. Infrastructure Development
 Keempat bidang ini diasumsikan dapat memenuhi kebutuhan                      These four areas are assumed to be able to meet the needs of the
 masyarakat sekitar wilayah operasional, sesuai dengan                        surrounding communities according to the classification of
 pengelompokan pemangku kepentingan yang telah dilakukan                      stakeholders.
 sebelumnya.


 Metode ini diharapkan dapat menjawab tantangan di masa depan                 This method is expected to be able to answer the challenges in the
 tentang proses transformasi masyarakat menjadi mandiri sesuai                future of transforming the Community to become independent in line
 dengan Tujuan Pembangunan Berkelanjutan (Sustainable                         with the Sustainable Development Goals (SDGs).
 Development Goals / SDGs).




 Dana CSR per bulan | CSR funds per month                                             2024                          2023                           2022

 Januari | January                                                            Rp 106.939.074                   Rp 82.399.440                 Rp 531.000
 Februari | February                                                            Rp 35.428.235                     Rp 647.500            Rp 33.183.280
 Maret | March                                                                  Rp 29.162.900                   Rp 3.480.000              Rp 1.500.000
 April | April                                                                Rp 124.605.460                   Rp 88.640.900            Rp 76.089.150
 Mei | May                                                                    Rp 184.319.156                   Rp 33.307.595            Rp 22.674.962
 Juni | June                                                                    Rp 29.600.023                  Rp 27.373.860            Rp 91.165.480
 Juli | July                                                                    Rp 17.162.900                  Rp 95.738.962              Rp 8.775.680
 Agustus | August                                                               Rp 83.107.974                  Rp 11.116.000            Rp 52.214.450
 September | September                                                          Rp 41.948.105                  Rp 17.095.720              Rp 6.386.379
 Oktober | October                                                              Rp 30.648.390                  Rp 26.264.160            Rp 11.295.804
 November | November                                                            Rp 19.558.736                   Rp 6.668.000              Rp 6.418.779
 Desember | December                                                            Rp 37.238.770                     Rp 500.000            Rp 10.782.407
 TOTAL                                                                        Rp 393.232.137                  Rp 393.232.137          Rp 328.017.371



 Iuran Dana Kemasyarakatan | Community Contribution                                   2024                          2023                           2022

 Iuran rutin yang dilakukan setiap bulan dari dana kantor & pabrik                205.954.800                   180.300.000                  76.800.000
 Routine contributions made every month from office & factory funds


 Total dana CSR | CSR Total                                                           2024                          2023                           2022

                                                                                  599.186.973                   573.532.137                404.817.371




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  Tanggung Jawab Sosial Perusahaan tahun 2024 | Corporate Social Responsibility (CSR) Programs in 2024


  CSR per bulan                        Kontribusi Kepada Komunitas     Amal / Santunan              Sponsorship       Pembangunan Infrastruktur
  CSRper month                          Contribution to Community     Donations / Charity              Grant          Infrastructure Development

  Januari | January                          Rp 17.162.900                                 -                      -                      Rp 89.776.174
  Februari | February                        Rp 17.162.900              Rp 10.874.400                             -                       Rp 7.390.935
  Maret | March                              Rp 17.162.900              Rp 12.000.000                             -                                     -
  April | April                              Rp 17.162.900              Rp 92.517.500                             -                      Rp 14.925.060
  Mei | May                                  Rp 17.162.900              Rp 45.667.200                             -                     Rp 121.489.056
  Juni | June                                Rp 17.162.900              Rp 10.000.000                Rp 700.000                           Rp 1.737.123
  Juli | July                                Rp 17.162.900                                 -                      -                                     -
  Agustus | August                           Rp 17.162.900                Rp 8.900.000              Rp 1.841.000                         Rp 55.204.074
  September | September                      Rp 17.162.900              Rp 18.014.000                             -                       Rp 6.771.205
  Oktober | October                          Rp 17.162.900                Rp 3.587.046              Rp 5.000.000                          Rp 4.898.444
  November | November                        Rp 17.162.900                  Rp 500.000                            -                       Rp 1.895.836
  Desember | December                        Rp 17.162.900                                 -                      -                      Rp 20.075.870
  TOTAL                                    Rp 205.954.800             Rp 202.060.146                Rp 7.541.000                        Rp 324.163.777



  Total Dana Program Pengembangan Masyarakat (CSR) tahun 2024 |                                                                         Rp 533.764.923
  Total Community Development Program (CSR) Funds in 2024
  Total Iuran Rutin Dana Kemasyarakatan per bulan | Total Monthly Contribution to Community                                             Rp 205.954.800
                                                                                                                                        Rp 739.719.723
  TOTAL



  Sepanjang tahun 2024, Perseroan telah melakukan serangkaian           Throughout 2024, the Company has implemented corporate social
  kegiatan tanggung jawab sosial perusahaan (CSR) yang sejalan          responsibility (CSR) activities that are in line with the Sustainable
  dengan Tujuan Pembangunan Berkelanjutan (Sustainable                  Development Goals / SDGs) in Indonesia. This was taken as part of
  Development Goals / SDGs) di Indonesia. Hal tersebut dilakukan        the Company’s care and positive contribution to the communities
  sebagai bentuk kepedulian dan kontribusi positif Perseroan kepada     around its operational areas.
  masyarakat di sekitar wilayah operasionalnya.




                   Kinerja Ekonomi              Kinerja Sosial              Kinerja Lingkungan              Indeks POJK & Standar GRI             107
                Economic Performance          Social Performance        Environmental Performance           POJK Index & GRI Standard               6
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Pencanangan CSR Tematik Perdana “SPINDO Peduli” untuk “Improving Quality of Life” |
Introducing SPINDO Cares — Our First Thematic CSR Initiative Dedicated to Improving Quality of Life
 Sebagai komitmen untuk berkontribusi kepada masyarakat dan                     As a commitment to contribute to the community and the
 lingkungan, SPINDO meluncurkan program CSR bertajuk "SPINDO                    environment, SPINDO launched a CSR program titled "SPINDO For
 Untuk Air Bersih". Program ini dirancang khusus untuk mendukung                Clean Water." This program is specifically designed to support the
 pembangunan sarana infrastruktur air bersih di Desa Petungsinaran,             development of clean water infrastructure in Petungsinaran Village,
 Kecamatan Bandar, Kabupaten Pacitan. Upaya ini sesuai dengan visi              Bandar District, Pacitan Regency. This effort aligns with the
 perusahaan untuk menciptakan dampak positif yang berkelanjutan                 company's vision to create a sustainable positive impact for the local
 bagi masyarakat lokal.                                                         community.




Latar Belakang Program | Program Background
 Warga desa Petungsinaran kesulitan dalam memenuhi kebutuhan air                The residents of Petungsinaran Village face difficulties in meeting their
 bersih. Akses terhadap sumber air bersih sangat penting untuk                  clean water needs. Access to adequate clean water sources is
 meningkatkan kualitas hidup dan kesehatan masyarakat. Perseroan                essential to improve the quality of life and health of the community. The
 berkolaborasi dengan Dinas Sumber Daya Air (SDA) dan Pekerjaan                 company has collaborated with the Department of Water Resources
 Umum dan Perumahan Rakyat (PUPR) Kabupaten Pacitan untuk                       (SDA) and the Public Works and Housing Office (PUPR) of Pacitan
 menyediakan solusi infrastruktur yang inovatif dan efektif.                    Regency to provide innovative and effective infrastructure solutions.


Detail Proyek | Project Details
 Proyek ini berfokus pada pembangunan jaringan distribusi air bersih            This project focuses on the development of a clean water distribution
 dari penampungan sumur bor ke pemukiman warga di Desa                          network from a borehole reservoir to the residential area of
 Petungsinaran yang berjarak 630 meter. Dengan menggunakan                      Petungsinaran Village, which is located 630 meters away. Using
 produk pipa berkualitas tinggi dari SPINDO, sistem distribusi ini              high-quality pipes from SPINDO, this distribution system is designed
 dirancang untuk memastikan pasokan air bersih yang stabil dan                  to ensure a stable and safe supply of clean water. The pipes used are
 aman. Produk pipa yang digunakan tidak hanya andal tetapi juga                 not only reliable but also environmentally friendly to support long-
 ramah lingkungan untuk mendukung keberlanjutan jangka panjang.                 term sustainability.



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                                                                                Rincian | Details                                              Jumlah | Quantity

  Material Pipa | Pipes                Diameter | Diameter              Tebal | Width        Panjang | Length          Berat | Weight

  Pipa Baja SNI Light Galvanis                    1 inch                  2,4 mm                      6m                 1,152 kg                     105
  SNI Steel Pipe Light Galvanized




  Langkah Pelaksanaan:                                                             Implementation steps:
  1. Koordinasi dengan Pihak Terkait: Perseroan bekerjasama dengan                 1. Coordination with Relevant Parties: The company collaborates
      Dinas SDA PUPR Kabupaten Pacitan untuk merancang dan                              with the Department of Water Resources (SDA) and Public
      mengimplementasikan proyek ini, memastikan setiap langkah                         Works and Housing (PUPR) of Pacitan Regency to design and
      sesuai dengan standar teknis dan kebutuhan lokal.                                 implement this project, ensuring that every step aligns with
  2. Penyediaan dan Pemasangan Pipa: Sebagai bagian dari CSR                            technical standards and local needs.
      tematik, Perseroan menyumbangkan pipa berkualitas tinggi                     2. Supply and Installation of Pipes: As part of the thematic CSR
      untuk membangun jalur distribusi air sepanjang 630 meter,                         program, the company donates high-quality pipes to construct a
      menghubungkan penampungan sumur bor ke area pemukiman                             630-meter water distribution line, connecting the borehole
      warga.                                                                            reservoir to the residential area.
  3. Edukasi dan Sosialisasi: Selain pembangunan fisik, program ini                 3. Education and Socialization: In addition to the physical
      juga mencakup kegiatan edukasi untuk warga Desa                                   construction, this program also includes educational activities for
      Petungsinaran mengenai pentingnya menjaga kebersihan air dan                      the residents of Petungsinaran Village, raising awareness about
      pemeliharaan infrastruktur yang telah dibangun.                                   the importance of maintaining water cleanliness and the upkeep
                                                                                        of the built infrastructure.


  Tujuan Program                                                                   Program Objectives
  Ÿ   Meningkatkan Kesejahteraan Masyarakat: Memberikan akses air                  Ÿ    Enhancing Community Welfare: Providing safe and adequate
      bersih yang aman dan memadai kepada warga Desa Petungsinaran.                     access to clean water for the residents of Petungsinaran Village.
  Ÿ   Memperkuat Infrastruktur Lokal: Membantu pembangunan sarana                  Ÿ    Strengthening Local Infrastructure: Supporting the development
      distribusi air bersih yang berkelanjutan.                                         of sustainable clean water distribution facilities.
  Ÿ   Mendukung Pembangunan Berkelanjutan: Menggunakan produk                      Ÿ    Supporting Sustainable Development: Using high-quality
      berkualitas tinggi yang memastikan efisiensi dan ketahanan                         products to ensure long-term efficiency and durability.
      jangka panjang.



  Harapan Masa Depan | Hope for the future
  Melalui program "SPINDO untuk Air Bersih", Perseroan berharap                    Through the "SPINDO for Clean Water" program, the Company
  dapat memberi kontribusi nyata bagi masyarakat Desa                              hopes to make a tangible contribution to the community of
  Petungsinaran. Dengan infrastruktur yang memadai, diharapkan                     Petungsinaran Village. With adequate infrastructure, it is expected
  kualitas hidup warga meningkat, serta memberikan dampak positif                  that the quality of life of the residents will improve, as well as have a
  bagi kesehatan dan produktivitas mereka. Proyek ini juga menjadi                 positive impact on their health and productivity. This project also
  wujud nyata kepedulian Perseroan terhadap pembangunan yang                       serves as a concrete demonstration of the Company's commitment to
  inklusif dan berkelanjutan.                                                      inclusive and sustainable development.


  Program ini adalah awal dari langkah besar Perseroan untuk terus                 This program marks the beginning of the Company's larger efforts to
  memberikan manfaat bagi masyarakat luas melalui kolaborasi dan                   continue providing benefits to the wider community through
  inovasi. Bersama kita wujudkan masa depan yang lebih baik!                       collaboration and innovation. Together, let’s create a better future!



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           Economic Performance                    Social Performance              Environmental Performance            POJK Index & GRI Standard             6
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 Program Vokasi Industri untuk Peningkatan Ketrampilan bagi Pelajar / Mahasiswa |
 Industrial Vocational Programs for Skills Improvement for Students [404-2]

 Sebagai langkah untuk dapat berkontribusi terhadap masyarakat,                 As a step to contribute to society, SPINDO runs an Industrial
 SPINDO menjalankan program Vokasi Industri dengan tujuan                       Vocational Program aimed at supporting the community in preparing
 mendukung masyarakat dalam mempersiapkan diri dalam                            themselves for the real working world. The implementation of the
 menghadapi dunia kerja yang sesungguhnya. Penerapan program                    industrial vocational program at SPINDO is divided into 2 (two) parts:
 vokasi industri yang ada di SPINDO terbagi menjadi 2 (dua) yaitu               Work Internship and Industrial Work Practice (Prakerin).
 Pemagangan Kerja dan Praktik Kerja Industri (Prakerin).


 Tujuan dan Manfaat                                                             Objectives and Benefits:
 1. Bagi Industri:                                                              1. For the Industry:
 Ÿ    Mendapatkan tenaga kerja yang kompeten dan sesuai dengan                  Ÿ   To obtain competent workers who meet the industry’s needs.
      kebutuhan.                                                                Ÿ   To achieve cost and time efficiency in recruiting human resources,
 Ÿ    Efisiensi biaya dan waktu dalam merekrut SDM, terutama di                      especially in remote areas.
      daerah terpencil.                                                         2. For Schools:
 2. Bagi Sekolah:                                                               Ÿ   To have a curriculum that is more relevant to industry needs.
 Ÿ    Kurikulum yang lebih relevan dengan kebutuhan industri.                   Ÿ   To establish a good relationship between schools and industries.
 Ÿ    Terjalinnya hubungan yang baik antara sekolah dan industri.               3. For Students:
 3. Bagi Siswa:                                                                 Ÿ   Job opportunities that align with their interests and talents.
 Ÿ    Peluang kerja yang sesuai dengan minat dan bakat.                         Ÿ   Mastery of both theoretical and practical knowledge that can be
 Ÿ    Penguasaan teori dan praktik yang dapat langsung diterapkan di                directly applied in the workforce.
      dunia kerja.


 Pentingnya Program Vokasi Industri                                             The Importance of the Industrial Vocational Program:
 Ÿ    Bonus Demografi: Indonesia diprediksi akan mengalami bonus                 Ÿ   Demographic Bonus: Indonesia is predicted to experience a
      demografi dalam 10 tahun ke depan, di mana jumlah penduduk                     demographic bonus in the next 10 years, where the number of the
      usia produktif akan meningkat. Program ini bertujuan untuk                    productive-age population will increase. This program aims to
      memanfaatkan peluang ini dengan mempersiapkan generasi siap                   take advantage of this opportunity by preparing a workforce-
      kerja.                                                                        ready generation.
 Ÿ    Pengurangan Pengangguran: Program ini diharapkan dapat                    Ÿ   Reducing Unemployment: This program is expected to reduce
      mengurangi angka pengangguran, khususnya di kalangan                          unemployment rates, particularly among vocational high school
      lulusan SMK, dengan menyediakan SDM yang siap bersaing di                     graduates, by providing human resources that are ready to
      pasar global.                                                                 compete in the global market.


 Program Magang ditujukan bagi fresh graduate atau para pencari                 The Internship Program is aimed at fresh graduates or job seekers who
 kerja yang belum memiliki pengalaman kerja, dengan syarat sudah                have no work experience, with the requirement of having completed
 lulus dari pendidikan. Program ini diatur berdasarkan Peraturan                their education. This program is regulated under the Minister of
 Menteri Ketenagakerjaan Nomor 6 Tahun 2020 tentang                             Manpower Regulation Number 6 of 2020 concerning the
 Penyelenggaraan Pemagangan dengan dibawahi oleh Kementerian                    Implementation of Internships, which is overseen by the Ministry of
 Ketenagakerjaan (Kemnaker) sebagai lembaga yang bertanggung                    Manpower (Kemnaker) as the institution responsible for this program.
 jawab atas program ini. Untuk dapat mendukung berlangsungnya                   In order to support the implementation of the internship program,
 program pemagangan perusahaan setidaknya perlu memiliki skema                  companies must have a scheme that can serve as a guideline for the
 yang dapat dijadikan panduan bagi para peserta magang. Skema                   participants. The internship scheme is structured based on the
 pemagangan tersebut disusun dengan mengacu pada Standar                        Indonesian National Work Competency Standards (SKKNI), Specific
 Kompetensi Kerja Nasional Indonesia (SKKNI), Standar Kompetensi                Work Competency Standards (SKKK), International Work Competency




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  Kerja Khusus (SKKK), Standar Kompetensi Kerja Internasional (SKKI),     Standards (SKKI), and is tailored to the needs of the industry.
  dan disesuaikan dengan kebutuhan industri. Selain itu, pelaksanaan      Additionally, the internship program involves an agreement between
  program magang melibatkan perjanjian pemagangan antara                  the company and the intern. The contents of the internship
  perusahaan dengan peserta magang. Isi dari hal-hal yang harus           agreement are also regulated under Minister of Manpower
  dimuat dalam perjanjian magang juga telah diatur dalam Permenaker       Regulation Number 6 of 2020.
  Nomor 6 Tahun 2020.


  SPINDO secara resmi telah mendaftarkan kegiatan pemagangan              SPINDO has officially registered its work internship activities with
  kerja kepada Kemnaker. Nomor Izin Pemagangan yang dikeluarkan           Kemnaker. The Internship Permit Number issued by the Ministry of
  oleh Kementerian Ketenagakerjaan (Kemnaker) adalah B-                   Manpower (Kemnaker) is B-2/3650/LP.03.00/IX/2021, with the
  2/3650/LP.03.00/IX/2021, dengan tanggal izin yang diterbitkan           permit date issued on September 8, 2011. This permit covers several
  pada 8 September 2011. Izin ini mencakup beberapa jabatan               internship positions recognized by Kemnaker, including:
  pemagangan yang diakui oleh Kemnaker, antara lain:
  1.       Operator Produksi,                                             1.          Production Operator,
  2.       Operator Pemeliharaan,                                         2.          Maintenance Operator,
  3.       Operator Pengelasan,                                           3.          Welding Operator,
  4.       Operator Quality Control, dan                                  4.          Quality Control Operator, and
  5.       Operator Gudang.                                               5.          Warehouse Operator.


  Durasi pelaksanaan program magang yaitu maksimal selama 12              The duration of the internship program is a maximum of 12 months.
  bulan. Peserta magang akan menerima uang saku yang besarnya             Interns will receive a stipend, the amount of which is adjusted
  disesuaikan dengan kebijakan perusahaan berdasarkan jenjang             according to the company's policy based on the level of education. For
  pendidikan. Untuk lulusan SMA/SMK, uang saku yang diberikan             high school/vocational school graduates, the stipend is 60% of the
  adalah 60% dari Upah Minimum Kabupaten/Kota (UMK) per bulan,            Regional Minimum Wage (UMK) per month, while for graduates with
  sedangkan untuk lulusan D3/D4/S1, uang sakunya adalah 65% dari          a Diploma (D3/D4) or Bachelor's degree (S1), the stipend is 65% of
  UMK per bulan. Peserta magang juga mendapatkan jaminan sosial           the UMK per month. Interns are also covered by social security
  melalui BPJS Ketenagakerjaan, yang mencakup Jaminan Kecelakaan          through BPJS Ketenagakerjaan, which includes Work Accident
  Kerja (JKK) dan Jaminan Kematian (JKM). Setelah menyelesaikan           Insurance (JKK) and Death Insurance (JKM). Upon completing the
  program, peserta akan menerima dua jenis sertifikasi: Sertifikat          program, interns will receive two types of certification: an Internship
  Magang sebagai bukti partisipasi dalam program, dan Sertifikasi          Certificate as proof of participation in the program and a Competency
  Kompetensi dari Badan Nasional Sertifikasi Profesi (BNSP) sebagai        Certification from the National Professional Certification Agency
  pengakuan atas kompetensi yang telah dicapai.                           (BNSP) as recognition for the competencies they have achieved.


  Program Praktek Kerja Industri (Prakerin) ditujukan bagi pelajar atau   The Industrial Work Practice (Prakerin) program is intended for
  mahasiswa yang belum lulus. Program ini diselenggarakan                 students or university students who have not yet graduated. This
  berdasarkan Keputusan Menteri Pendidikan dan Kebudayaan Nomor           program is organized based on the Decree of the Minister of Education
  323/U/1997 tentang penyelenggaraan Prakerin. Lembaga yang               and Culture No. 323/U/1997 concerning the implementation of
  bertanggung jawab atas program ini adalah Kementerian Pendidikan        Prakerin. The institution responsible for this program is the Ministry of
  dan Kebudayaan (Kemendikbud). Prakerin dirancang agar selaras           Education and Culture (Kemendikbud). Prakerin is designed to align
  dengan Kurikulum Pendidikan Nasional, sehingga peserta                  with the National Education Curriculum, ensuring that participants
  mendapatkan pengalaman yang              relevan dengan standar         gain experience relevant to the competency standards or vocational
  kompetensi atau skema vokasi yang berlaku. Pelaksanaan Prakerin




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 melibatkan perjanjian kerjasama antara perusahaan dengan sekolah             schemes in place. The implementation of Prakerin involves a
 atau universitas melalui perjanjian resmi. Durasi program prakerin           cooperation agreement between the company and the school or
 umumnya berlangsung antara 3 hingga 6 bulan per semester,                    university through an official agreement. The duration of the Prakerin
 menyesuaikan dengan kebijakan antara institusi pendidikan dan                program generally lasts between 3 to 6 months per semester,
 perusahaan tempat pelaksanaan program. Peserta Prakerin akan                 depending on the policy between the educational institution and the
 menerima uang saku yang besarnya disesuaikan dengan jenjang                  company where the program is carried out. Prakerin participants will
 pendidikan mereka. Untuk siswa SMA/SMK, uang saku yang                       receive a stipend based on their educational level. For high
 diberikan adalah Rp. 40.000,- per kehadiran, sedangkan untuk                 school/vocational school students, the stipend is IDR 40,000 per
 mahasiswa D3/D4/S1, uang sakunya adalah Rp. 55.000,- per                     attendance, while for university students (D3/D4/S1), the stipend is
 kehadiran. Namun, karena status peserta masih sebagai siswa atau             IDR 55,000 per attendance. However, since participants are still
 mahasiswa, mereka tidak mendapatkan jaminan sosial (BPJS).                   considered students, they do not receive social security coverage
 Setelah menyelesaikan program, peserta akan menerima Surat                   (BPJS). Upon completion of the program, participants will receive a
 Keterangan Prakerin dari perusahaan sebagai bentuk sertifikasi atas           Prakerin Certificate from the company as certification of their
 partisipasi dan pencapaian mereka selama mengikuti program ini.              participation and achievements during the program. This certificate
 Sertifikat tersebut akan dapat menjadi nilai tambah bagi peserta              will serve as an added value for Prakerin participants in the job market
 prakerin dalam dunia kerja dan membantu peserta dalam                        and help them build a professional career in the future.
 membangun karier profesional di masa depan.


 Program Pendidikan Vokasi Industri adalah inisiatif yang diluncurkan         The Industrial Vocational Education Program is an initiative launched
 oleh Kementerian Perindustrian Indonesia untuk mempersiapkan                 by the Indonesian Ministry of Industry to prepare high-quality and
 sumber daya manusia (SDM) yang berkualitas dan kompeten dalam                competent human resources (HR) to face the era of Industry 4.0. This
 menghadapi era industri 4.0. Program ini bertujuan untuk                     program aims to create alignment between the needs of the industry
 menciptakan keselarasan antara kebutuhan industri dan pendidikan             and education in Vocational High Schools (SMK) through the link and
 di Sekolah Menengah Kejuruan (SMK) melalui konsep link and match.            match concept.




Konsep Link and Match | Link and Match Concept

 Ÿ    Kerja Sama Industri dan SMK: Program ini memfasilitasi kerja            Ÿ   Industry and SMK Collaboration: This program facilitates
      sama antara industri dan SMK di seluruh Indonesia, di mana satu             cooperation between industries and SMKs across Indonesia,
      SMK dapat menjalin hubungan dengan beberapa industri yang                   where a single SMK can establish relationships with several
      relevan dengan bidang keahliannya.                                          industries relevant to its expertise.
 Ÿ    Penyelarasan Kurikulum: Kurikulum SMK disesuaikan dengan                Ÿ   Curriculum Alignment: The SMK curriculum is adjusted to meet
      kebutuhan industri, dengan 34 program keahlian yang                         industry needs, with 34 areas of expertise implemented to ensure
      diimplementasikan untuk memastikan siswa memiliki kompetensi                that students possess the competencies required by the job
      yang dibutuhkan oleh pasar kerja.                                           market.
 Ÿ    Pelatihan Pendidik: Kemenperin juga menyediakan pelatihan               Ÿ   Trainer Training: The Ministry of Industry (Kemenperin) also
      khusus bagi para pendidik untuk mendukung keberhasilan                      provides specialized training for educators to support the success
      program ini.                                                                of this program.


 Dalam penyesuaian konsep link and match dengan SMK, Perseroan                In aligning the link and match concept with Vocational High Schools
 menyesuaikan dengan skema pemagangan yang ada dan disusun                    (SMKs), the company adapts to the existing internship scheme, which
 berdasarkan SKKNI dan SKKK. Skema pemagangan tersebut                        is structured based on the Indonesian National Work Competency
 diantaranya yaitu,                                                           Standards (SKKNI) and Specific Work Competency Standards
                                                                              (SKKK). The internship scheme includes, among others, the following:




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  No.                             Skema | Scheme                                        No.                            Skema | Scheme

  01. Operator Mesin Circle Otomatis        Automatic Circle Machine Operator            15. Pemeliharaan Sistem Hidrolik          Hydraulic System Maintenance
  02. Operator Mesin Circle Manual          Manual Circle Machine Operator               16. Pemeliharaan Sistem Pneumatik         Pneumatic System Maintenance
  03. Operator Mesin Circle Semi Auto       Semi-Automatic Circle MachineOperator        17. Pengoperasian Mesin Frais             Milling Machine Operation
  04. Operator Mesin Cut Press Brushing     Cut Press Brushing Machine Operator          18. Pengoperasian Mesin Bor               Drilling Machine Operation
  05. Operator Mesin Cut Press Champer      Cut Press Champer Machine Operator           19. Pemeliharaan Otomotif                 Automotive Maintenance
  06. Operator Mesin Deburing Hidrolik      Hydraulic Deburring Machine Operator         20. Perbaikan Cacat Pengelasan            Weld Defect Repair on Pipe
  07. Operator Mesin Deburing Pneumatik     Pneumatic Deburring Machine Operator              pada Pipa
  08. Operator Mesin End Brushing Otomatis Automatic End Brushing Machine Operator       21. Pembuatan Aksesoris Pipa              Pipe Accessory Manufacturing
  09. Operator Mesin End Brushing Manual    Manual End Brushing Machine Operator         22. Pembuatan Spesimen Uji                Test Specimen Manufacturing
  10. Operator Mesin Heles                  Heles Machine Operator                       23. Pemeriksaan Akhir Pipa Barepipe       Barepipe Final Inspection
  11. Operator Mesin Piercing               Piercing Machine Operator                    24. Pemeriksaan Muatan Pipa               Pipe Loading Inspection
  12. Operator Marking & Packing            Marking & Packing Operator                   25. Proses Pergudangan                    Warehouse Process
  13. Pengoperasian Mesin Bubut             Lathe Machine Operation                      26. Administrasi Pergudangan              Warehouse Administration
  14. Pemeliharaan Listrik Dasar            Basic Electrical Maintenance                 27. Pengelasan SMAW Dasar                 Basic SMAW Welding


  Melalui skema di atas maka dapat dilakukan link and match dengan                   Through the above scheme, a link and match can be established with
  kurikulum pendidikan di sekolah dan universitas sesuai dengan                      the educational curriculum in schools and universities, in accordance
  kebutuhan industri di SPINDO sebagai berikut:                                      with the industrial needs at SPINDO as follows:

         No.                                  Skema | Scheme

  1.       Teknik Permesinan                                      Operator Mesin Circle Otomatis                  Automatic Circle Machine Operator
           Mechanical Engineering                                 Operator Mesin Circle Manual                    Manual Circle Machine Operator
                                                                  Operator Mesin Circle Semi Auto                 Semi-Automatic Circle Machine Operator
                                                                  Operator Mesin Cut Press Brushing               Cut Press Brushing Machine Operator
                                                                  Operator Mesin Cut Press Champer                Cut Press Champer Machine Operator
                                                                  Operator Mesin Deburing Hidrolik                Hydraulic Deburring Machine Operator
                                                                  Operator Mesin Deburing Pneumatik               Pneumatic Deburring Machine Operator
                                                                  Operator Mesin End Brushing Otomatis            Automatic End Brushing Machine Operator
                                                                  Operator Mesin End Brushing Manual              Manual End Brushing Machine Operator
                                                                  Pengoperasian Mesin Bubut                       Lathe Machine Operation
                                                                  Pengoperasian Mesin Frais                       Milling Machine Operation
                                                                  Pembuatan Spesimen Uji                          Test Specimen Manufacturing
                                                                  Pemeriksaan Akhir Pipa Barepipe                 Barepipe Final Inspection
  2.       Teknik Kendaraan Ringan                                Operator Mesin Circle Otomatis                  Automatic Circle Machine Operator
           Light Vehicle Engineering                              Operator Mesin Circle Manual                    Manual Circle Machine Operator
                                                                  Operator Mesin Circle Semi Auto                 Semi-Automatic Circle Machine Operator
                                                                  Operator Mesin Cut Press Brushing               Cut Press Brushing Machine Operator
                                                                  Operator Mesin Cut Press Champer                Cut Press Champer Machine Operator
                                                                  Operator Mesin Deburing Hidrolik                Hydraulic Deburring Machine Operator
                                                                  Operator Mesin Deburing Pneumatik               Pneumatic Deburring Machine Operator
                                                                  Operator Mesin End Brushing Otomatis            Automatic End Brushing Machine Operator
                                                                  Operator Mesin End Brushing Manual              Manual End Brushing Machine Operator
                                                                  Operator Mesin Heles                            Heles Machine Operator
                                                                  Operator Mesin Piercing                         Piercing Machine Operator
                                                                  Operator Marking & Packing                      Marking & Packing Operator
                                                                  Pemeliharaan Otomotif                           Automotive Maintenance

              Kinerja Ekonomi                       Kinerja Sosial                       Kinerja Lingkungan                 Indeks POJK & Standar GRI             113
           Economic Performance                   Social Performance                 Environmental Performance              POJK Index & GRI Standard               6
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        No.                               Skema | Scheme

 3. Teknik Instalasi Tenaga Listrik                                    Pemeliharaan Listrik Dasar              Basic Electrical Maintenance
      Electrical Power Installation Engineering                        Pemeliharaan Sistem Hidrolik            Hydraulic System Maintenance
                                                                       Pemeliharaan Sistem Pneumatik           Pneumatic System Maintenance
                                                                       Perbaikan Cacat Pengelasan pada Pipa    Weld Defect Repair on Pipe
 4. Teknik Bodi Kendaraan Ringan                                       Perbaikan Cacat Pengelasan pada Pipa    Weld Defect Repair on Pipe
      Light Vehicle Body Engineering                                   Pembuatan Aksesoris Pipa                Pipe Accessory Manufacturing
                                                                       Pengelasan SMAW Dasar                   Basic SMAW Welding
 5. Teknik Ototronik                                                   Pemeliharaan Sistem Hidrolik            Hydraulic System Maintenance
      Autotronics Engineering                                          Pemeliharaan Sistem Pneumatik           Pneumatic System Maintenance
 6. Teknik Sepeda Motor | Motorcycle Engineering                       Pemeliharaan Otomotif                   Automotive Maintenance
 7. Teknik Komputer & Jaringan | Computer & Network Engineering        ICT                                     ICT
 8. Desain Komunikasi Visual                                           ICT                                     ICT
      Visual Communication Design                                      Digital Marketing                       Digital Marketing




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                                                                               [404-2]
  Pusat Pelatihan SPINDO | SPINDO Training Center

  Untuk mendukung keberlangsungan program vokasi industri, baik                      To support the sustainability of the industrial vocational program,
  dalam pelaksanaan magang kerja maupun praktik kerja industri,                      both in the implementation of internships and industrial work
  Perseroan menunjukkan komitmen yang kuat untuk meningkatkan                        practices, the company demonstrates a strong commitment to
  kualitas program tersebut. Salah satu upaya yang dilakukan adalah                  improving the quality of these programs. One of the efforts made is by
  dengan menyediakan fasilitas berupa Training Center atau Pusat                     providing a facility in the form of a Training Center, designed to offer
  Pelatihan yang dirancang untuk memberikan pengalaman praktik                       hands-on experience alongside Subject Matter Experts.
  langsung bersama para Subject Matter Expert.


  Pusat pelatihan ini berlokasi di SPINDO Unit 6, Jalan Raya                         This Training Center is located at SPINDO Unit 6, Jalan Raya
  Cemengkalang No. 10, Sidoarjo. Sebagai bagian dari komitmen ini,                   Cemengkalang No. 10, Sidoarjo. As part of this commitment, trainers
  para pelatih menyelenggarakan pelatihan teknis setiap bulan sekali.                conduct technical training sessions once a month. Participants not
  Peserta tidak hanya mendapatkan penjelasan teoritis tetapi juga                    only receive theoretical explanations but also have the opportunity to
  kesempatan untuk mempraktikkan langsung pengetahuan mereka                         directly apply their knowledge using specialized equipment available
  dengan menggunakan peralatan khusus yang tersedia di Training                      at the Training Center. The aim is to ensure that participants gain a
  Center. Hal ini bertujuan untuk memastikan bahwa peserta                           comprehensive understanding and valuable hands-on experience in
  mendapatkan pemahaman yang komprehensif dan pengalaman                             the industrial field.
  langsung yang berharga dalam bidang industri.


  Pelatihan Teknis 2024 di Pusat Pelatihan SPINDO Unit 6 | 2024 Technical Training at SPINDO Unit 6 Training Center

  No.                   Judul Pelatihan                              Pelatih        Rencana Pelaksanaan               Tanggal Realisasi               Jumlah Peserta
                        Type of Training                             Trainer         Implementation Plan               Realization Date               No. of Participant

  01.   Pengerjaan Persiapan Specimen | Preparation of     Bagus Sarwoaji           25 Januari | January 2024     25 Januari | January 2024                     6
        Specimen Work
  02.   Pemeriksaan Akhir Pipa ERW | Final Inspection      Cahyo Rahmadi            22 Februari | February 2024   07 Maret | March 2024                       10
        of ERW Pipes
  03.   Perawatan Crane | Crane Maintenance                Rozi Sanjiwanata         21 Maret | March 2024         21 Maret | March 2024                       10
  04.   Pengelasan SMAW | SMAW Welding                     Budirman                 16 Mei | May 2024             31 Mei | May 2024                           20
  05.   Kualitas & Jenis Cacat Hasil Pengelasan | Weld     Moh Saiful Huda         20 Juni | June 2024            27 Juni | June 2024                           7
        Quality & Types of Weld Defects
  06.   Penilaian Resiko dan Identifikasi Potensi Bahaya    Dwi Sandi B.            26 Juli | July 2024            26 Juli| July 2024                          17
        di Tempat Kerja (HIRA) | Hazard Identification
        and Risk Assessment in the Workplace (HIRA)
  07.   Pemeliharaan Komponen & Sistem Hidrolik |          Budirman                24 September | September       07 Oktober | October 2024                   24
        Maintenance of Hydraulic Components &                                      2024
        Systems
  08.   Autonomous Maintenance                             Susilo                  28 November | November         28 November | November                      19
                                                                                   2024                           2024




              Kinerja Ekonomi                     Kinerja Sosial                         Kinerja Lingkungan               Indeks POJK & Standar GRI                 115
           Economic Performance                 Social Performance                   Environmental Performance            POJK Index & GRI Standard                   6
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Proses Pengaduan Keluhan Masyarakat Lokal Secara Formal |
                                                       [F.24][413-1]
Process of Formally Complaining from Local Communities
 Masyarakat dapat melaporkan dan mengadukan keluhan secara                        The public may file a formal report and complaint related to the
 formal terkait operasional secara langsung melalui kantor di masing-             Company’s operations directly to the following office addresses:
 masing wilayah, yakni:


        Kantor SPINDO                                 Unit Produksi                                               Depo SPINDO
               SPINDO Office                              Production Unit                                           SPINDO Depot

  SPINDO HEAD OFFICE                            Unit 1 - Surabaya                                 Jakarta
  Jl. Kalibutuh No. 189 -191,                   Jl. Rungkut Industri I No. 28 - 32,               Kawasan Pergudangan Semanan Megah
  Surabaya 60173, East Java, Indonesia          Surabaya 60292, East Java, Indonesia              Kav. 7 Blok B No. 1, Jl. Daan Mogot Km 18,
  p : +6231 532 0921, 531 6921,                                                                   Kalideres, West Jakarta, Indonesia
      +6231 532 0320, 535 3290,                 Unit 2 - Surabaya                                 p : +6221 2252 3485, 2252 3486
  f : +6231 531 0712, 532 0290,                 Jl. Rungkut Industri II No. 10,                   f : +6221 2252 0635
  e : marketing@spindo.co.id                    Surabaya 60292, East Java, Indonesia              e : depo.jakarta@spindo.co.id


  SPINDO JAKARTA OFFICE                         Unit 3 - Surabaya                                 Bandung
  Gedung Baja, Lt. 7,                           Ds. Warugunung - Kec. Karangpilang,               Bizpark Commercial Estate
  Jl. Pangeran Jayakarta No. 55,                Surabaya 60221, East Java, Indonesia              Jl. Kopo 455 Blok B1 No. 26A,
  Jakarta 10730, Indonesia                                                                        West Java, Indonesia
  p : +6221 6231 3502                           Unit 4 - Pasuruan                                 p : +6222 5441 3737
  f : +6221 624 0313                            Jl. Kabupaten, Ds. Cangkringmalang,               f : +6222 5441 3735
  e : marketing.sjo@spindo.co.id                Kec. Beji, Pasuruan, East Java, Indonesia         e : depo.bandung@spindo.co.id


  SPINDO KARAWANG (SKF)                         Unit 5 - Karawang                                 Pasuruan
  Kawasan Industri Mitrakarawang (KIM),         Kawasan Industri Mitrakarawang                    Jl. Kabupaten, Ds. Cangkringmalang, Beji,
  Jl. Mitra Raya No. II Blok F2,                Jl. Mitra Raya 2 Blok F2, Desa                    Pasuruan, East Java, Indonesia
  Karawang 41363, Indonesia                     Parungmulya, Karawang 41361,
  p : +6221 8911 5085, +62267 440 823           West Java, Indonesia.                             Gresik
  f : +62267 440 587                                                                              Jl. Raya Daendels Km 49, Desa Wadeng,
                                                Unit 6 - Sidoarjo                                 Gresik, East Java, Indonesia.
  SPINDO SEMARANG                               Jl. Pahlawan No. 10, Cemengkalang,
  Representative Office                         Sidoarjo, East Java, Indonesia                    Sidoarjo
  Genius Idea @ Dafam Space Menara Suara                                                          Jl. Pahlawan No. 10,
  Merdeka, Lt 11 - R9, Jl. Pandanaran No. 30,   Unit 7 - Gresik (upcoming)                        Sidoarjo, East Java, Indonesia.
  Pekunden, Kec. Semarang Tengah,               Jl. Raya Daendels Km. 49, Desa Wadeng,
  Semarang, Jawa Tengah 50134, Indonesia        Gresik, East Java, Indonesia                      Samarinda
                                                                                                  Mangkupalas Business Center
  SPINDO PEKANBARU                                                                                Pergudangan E10-11, F9-10,
  Representative Office                                                                           Samarinda, East Kalimantan, Indonesia
  Graha Pena Riau Lt. 7 - R705,
  Jalan HR. Soebrantas Panam Km. 10,5                                                             Makassar
  Sidomulyo Barat,                                                                                Jl. Ir. Sutami,
  Tuah Karya, Kec. Tampan,                                                                        Makassar, South Sulawesi, Indonesia
  Pekanbaru, Riau 28294, Indonesia


Pengaduan Masyarakat Terhadap Operasional Perusahaan |
Public Complaint Against to Company Operations [F.23][413-2]
 Sampai dengan 2024, masyarakat sekitar tidak melakukan komplain                  As of 2024, the surrounding community has not raised any
 atau penolakan terhadap operasional kami. Ini menunjukkan apa                    complaints or objections regarding our operations. This indicates that
 yang telah dilakukan SPINDO terhadap pendekatan sosial dan                       SPINDO's approach to social engagement and the implementation of
 penerapan program pemberdayaan cukup berjalan baik.       [413-2]
                                                                                  empowerment programs have been running well. [413-2]


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                                                                      Kinerja
                                                                      Lingkungan
                                                                      Environmental Performance




           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   117
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard     7
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Manufaktur Berkelanjutan [F.4][301]
Sustainable Manufacturing


 Praktik manufaktur berkelanjutan kami dapat meningkatkan reputasi                Our sustainable manufacturing practices can enhance a factory's
 pabrik untuk memperluas basis pelanggan, menurunkan limbah, dan                  reputation to expand its customer base, lower waste and cut costs to
 memangkas biaya untuk meningkatkan margin keuntungan. Kami                       increase profit margins. We also pay attention to good management
 juga memperhatikan pengelolaan yang baik bagi sumber daya alam,                  of natural, environmental and social resources. Our activities remain
 lingkungan dan sosial. Aktivitas kami tetap berpedoman pada aturan               guided by applicable regulations, both national regulations and
 yang berlaku, baik peraturan nasional dan peraturan daerah.                      regional regulations.


 SPINDO dalam operasionalnya sangat membutuhkan sumber energi                     SPINDO in its operations really needs sources of energy and water.
 dan air. Sumber energi yang digunakan untuk operasional Perseroan                The energy sources used for the Company's operations are gas, fuel
 adalah gas, bahan bakar minyak (BBM) dan listrik. Perseroan                      oil (BBM) and electricity. The Company seeks periodic management
 mengupayakan pengelolaan secara periodik terhadap peralatan                      of operational equipment by revamping/updating machines related to
 operasional dengan pembenahan / pembaharuan mesin terkait                        gas and fuel efficiency. For electricity that has been provided by PLN
 dengan efisiensi gas dan BBM. Untuk energi listrik yang selama ini                (State Electricity Company), the Company has sought alternative
 disediakan oleh PLN (Perusahaan Listrik Negara), Perseroan telah                 sources of electrical energy from solar cells.
 mengupayakan alternatif sumber energi listrik dari solar cell.


 Pengelolaan air dilakukan agar tidak memberi dampak negatif                      Water management is carried out so as not to have a negative impact
 terhadap lingkungan sekitar operasional Perseroan. Perseroan juga                on the environment around the Company's operations. The company
 telah memiliki water treatment untuk daur ulang air.                             also has a water treatment for water recycling.



Kinerja Lingkungan Tahun 2024 | Environmental Performance in 2024



           Biaya Pengelolaan
           Dampak Lingkungan
           Cost of Environmental                                              Rp 6.166.299.964
           Impact Management




Kontribusi Kami kepada Lingkungan | Our Contribution to the Environment

      Efisiensi Konsumsi Energi
      Efficiency of Energy Use                                                                                  0,79%

      Efisiensi Konsumsi Air
      Efficiency of Water Use                                                                                   0,25%

118                     Tentang Kami                    Strategi Keberlanjutan                  Profil Perusahaan                   Tata Kelola Keberlanjutan
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  Kami juga menyadari bahwa setiap operasional memiliki dampak       We also realize that every operation indeed produces an impact on
  yang ditimbulkan. Emisi dan limbah berbahaya (limbah B3)           the environment. Emission and hazardous waste (B3 waste) are
  merupakan dampak langsung yang ditimbulkan. Dalam                  among the direct impact produced. In its assessment, we refer to the
  pengukurannya, kami berpedoman pada peraturan yang berlaku         prevailing regulations along with standard units used. Management’s
  berikut standar satuan yang digunakan. Komitmen Manajemen          commitment to remain compliant with the prevailing regulations is
  terhadap pemenuhan kepatuhan terhadap Peraturan tersebut           translated into policies and SOP. The parameter assessment is
  diterjemahkan ke dalam kebijakan serta SOP. Pengukuran terhadap    conducted within the internal environment of the Company, which is
  parameter-parameter dimaksud, dilakukan di lingkungan internal     in SPINDO’s factory area.
  yaitu wilayah pabrik SPINDO.


  Seluruh upaya Perseroan dalam mengukur dan menjaga dampak          All impact assessment and containment efforts conducted by the
  operasional sesuai dengan regulasi yang berlaku merupakan          Company to remain aligned with the prevailing regulation is our
  komitmen guna mencapai keberlanjutan SPINDO. Manajemen             commitment to achieve sustainability. The Management believes that
  SPINDO meyakini bahwa dengan meminimalisir dampak dan              minimizing the impact and remaining compliant with the applicable
  mengikuti ketentuan yang berlaku menjadi syarat mutlak             provision are absolute conditions to attain sustainability.
  keberlanjutan Perusahaan.


  Dalam menjaga kinerja keberlanjutan, Manajemen selalu terbuka      In maintaining sustainable performance, the Management welcomes
  dalam setiap usulan dan masukan yang membangun. Termasuk           every constructive suggestion and input. Including any complaints
  pengaduan terhadap adanya indikasi ketidaksesuaian antara aturan   that indicate unsuitability between regulations and operation
  dan tindakan di dalam operasional. Saran, masukan, dan laporan     practices. Suggestions, input, and reports can be conveyed directly or
  dapat disampaikan langsung ataupun melalui alamat resmi yang       through the official address available in this report on page 18-19,
  tercantum dalam laporan ini pada halaman 18-19, bab 3 dan          chapter 1 and page 111, chapter 6.
  halaman 111, bab 6.




             Kinerja Ekonomi               Kinerja Sosial                Kinerja Lingkungan            Indeks POJK & Standar GRI      119
          Economic Performance           Social Performance          Environmental Performance         POJK Index & GRI Standard        7
Page 128
                                                                                                                     2024 Sustainability Report


                                                                                                                           [F.5][301]
Material yang Digunakan Untuk Proses Manufaktur
Material Used for Manufacturing Process



 Pelaksanaan manufaktur pipa baja dan produk lainnya sangat                Manufacturing steel pipes and other products relies heavily on
 mengandalkan bahan baku mineral yang secara alami tidak                   mineral raw materials which are naturally non-renewable.
 terbarukan. Meskipun demikian, pemanfaatan bahan baku utama               Nonetheless, very effective and efficient utilization of the primary raw
 yang sangat efektif dan efisien diperlukan untuk memastikan                materials is required to ensure maximum sustainability. Furthermore,
 keberlanjutan maksimal. Selanjutnya kami juga menggunakan bahan           we also utilize used material which then melted back to be used.
 baku bekas pakai yang kemudian dilebur kembali untuk
 dimanfaatkan.


 Penggunaan bahan baku produksi selama 2024 dapat adalah                   The use of production raw materials in 2024 can be viewed as
 sebagai berikut:                                                          follows:




                    Dampak                       Kuantitas [301-2]         Jenis Material [301-1]                    Strategi Penanganan
                     Impact                        Quantity                 Type of Materials                         Treatment Strategy

  Material Mentah | Raw Materials
  Carbon / Stainless Steel / Coil/Strip          43.867.401 Kg               Coating                   Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
  Carbon / Stainless Steel / Coil/Strip          30.241.127 Kg               CRC                       Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
  Carbon / Stainless Steel / Coil/Strip         294.644.170 Kg               HRC                       Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
  Carbon / Stainless Steel / Coil/Strip            1.919.588 Kg              SS-CRC                    Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
  Carbon / Stainless Steel / Coil/Strip            6.956.715 Kg              SS-HRC                    Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
  Material Untuk Proses yang Terkait | Associated Process Materials
  Asam Klorida (HCL) ± 32% Up                         656.677 Kg             Raw                       Pembersihan pipa yang akan digalvanis
  Chloride Acid (HCL) ± 32% Up                                                                         Cleaning the pipes that will be galvanized
  Asam Fluorida / HF 60-70%                             51.750 Kg            Raw                       Pembersihan pipa stainless industri
  Fluoridic Acid / HF 60-70%                                                                           Cleaning industrial steel pipes
  Asam Nitrit (Hn03)                                    57.365 Kg            Raw                       Pembersihan pipa stainless industri
  Nitric Acid (Hn03)                                                                                   Cleaning industrial steel pipes
  Oli Anticorit DFO 6301                                39.320 L             -                         Celup Pipa & Proses
  Anticorit Oil DFO 6301                                                                               Dipping Pipe & Process
  Minyak Solar                                        271.821 L              -                         Celup Pipa & Proses
  Solar Oil                                                                                            Dipping Pipe & Process
  Thinner for Epoxy - 05 FD                             19.940 L             Raw                       Pelapisan pipa karoseri
                                                                                                       Bus frame pipe coating
  Thinner WTC01                                         23.500 L             Raw                       Pelapisan pipa karoseri
                                                                                                       Bus frame pipe coating




120                     Tentang Kami             Strategi Keberlanjutan                   Profil Perusahaan                   Tata Kelola Keberlanjutan
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                     Dampak                         Kuantitas [301-2]         Jenis Material [301-1]              Strategi Penanganan
                      Impact                          Quantity                 Type of Materials                   Treatment Strategy

   Barang atau Suku Cadang Semi-Manufaktur | Semi-Manufactured Goods or Parts
   Cat Meny Chasis RED SPD 02                                  180    Kg              Raw                Pelapisan tiang listrik
                                                                                                         Coating of power poles
   Epoxy Filler Grey SPINDO                                   9.702   L               Raw                Pelapisan pipa karoseri
                                                                                                         Bus frame pipe coating
   Epoxy Primer Dark Grey EPX-05 FD                               -   L               Raw                Pelapisan pipa karoseri
                                                                                                         Bus frame pipe coating
   Kawat BWG-16                                              17.630   Kg              Raw                Engsel
   Wire BWG-16
   Varnish Black Doff RFU (NF11)                        263.020       L               Raw                Proteksi Coating Sementara
                                                                                                         Temporary coating protection
   Varnish BLACK 01/9028                                139.560       L               Raw                Proteksi Coating Sementara
                                                                                                         Temporary coating protection
   Zinc Ammonium Chloride ± 46% Up                           94.570   Kg              Raw                Galva


   Zinc Ingot HG                                      2.794.656       Kg              Raw                Galva


   Zinc Ingot PWG                                                 -   Kg              Raw                Galva


   Zinc Nickel 0,5%                                           1.693   Kg              Raw                Galva


   Zinc Wire Ø 1,2 mm                                         1.100   Kg              Raw                Pelapisan area welding pipa GI
                                                                                                         GI pipe welding area coating
   Zinc Wire Ø 1,2 mm SAMHWA                                 28.741   Kg              Raw                Pelapisan area welding pipa GI
                                                                                                         GI pipe welding area coating
   Material untuk Tujuan Pengemasan | Materials for Packaging Purposes
   Thinner A SPINDO                                     280.089       L               Raw                Marking & Packing
                                                                                                         Marking & Packing
   Thinner B Special                                              -   L               Raw                Marking & Packing
                                                                                                         Marking & Packing
   ThinnerWTC 01                                             23.500   L               Raw                Marking & Packing
                                                                                                         Marking & Packing
   Dop Plastik                                               34.172   Kg              Raw                Marking & Packing
                                                             99.218   pcs                                Marking & Packing
   Bandyzer Plat 1 ⁄ ”                                  314.986       Kg              Raw                Marking & Packing
                                                                                                         Marking & Packing
   Bandyzer Plat 19 mm ( ⁄ ”)                                32.800   Kg              Raw                Marking & Packing
                                                                                                         Marking & Packing
   Power Pack Strapping PWP 2510                               184    roll            Raw                Marking & Packing
                                                                                                         Marking & Packing


             Kinerja Ekonomi              Kinerja Sosial                         Kinerja Lingkungan         Indeks POJK & Standar GRI     121
          Economic Performance          Social Performance                   Environmental Performance      POJK Index & GRI Standard       7
Page 130
                                                                                                                                 2024 Sustainability Report




Konsumsi Energi Dalam Manufaktur [F.6][302]
Energy Consumption in Manufacturing


 Kegiatan operasional kami menggunakan beberapa jenis energi                       A variety of energy sources are used in our operating activities, such
 antara lain listrik, bahan bakar minyak (BBM), dan gas. Pasokan                   as gas, fuel oil (BBM), and electricity. Our primary energy supply still
 energi primer kami masih mengandalkan dari energi listrik yang                    relies on electrical energy supplied from the State-Owned Power
 dipasok dari Perusahaan Listrik Negara[302-1]. Penggunaan energi kami             Utility Company[302-1]. Our energy use consists of the use of energy in
 terdiri dari penggunaan energi pada pabrik, kantor, gudang. Berikut               plant, office, and warehouse. The following the detail of our energy
 adalah rincian pemakaian energi kami dalam 3 (tiga) tahun terakhir:               use in the last 3 (three) years:




                Sumber Energi | Energy Source                                               Jumlah Pemakaian | Total Usage

                                                                               2024                                  2023                               2022

                                                             Energi Gas | Gas Energy (MMBtu)

  Plant 1                                                                        38.469                               35.341                                33.330
  Plant 3                                                                        37.070                               38.134                                41.569
  Plant 4                                                                               -                              2.654                                     338
  Total (MMBtu)                                                                  75.539                               76.129                                75.238
  Total (GJ)                                                                     79.668                               80.379                                79.350

                                                            Energi BBM | Fuel Energy (KiloLitre)

  Plant 1                                                                         116,3                                     71                                    59
  Plant 2                                                                               -                                    4                                     4
  Plant 3                                                                           20,4                                    23                                    21
  Plant 4                                                                           82,5                                    98                                    88
  Plant 5                                                                           18,0                                    35                                    35
  Plant 6                                                                             3,3                                105                                     103
  Total (KiloLiter)                                                                   240                                337                                     309
  Total (GJ)                                                                     9.301,1                             13.019,6                            11.963,7

                                                         Energi Listrik | Electricity Energy (kWh)

  Plant 1                                                                      4.587.593                         4.550.781                             3.939.115
  Plant 2                                                                      5.561.598                         4.935.840                             3.898.320
  Plant 3                                                                      5.961.889                         5.447.980                             5.019.290
  Plant 4                                                                      4.402.664                         4.126.010                             4.229.640
  Plant 5                                                                      8.824.976                         9.068.760                             9.278.940
  Plant 6                                                                      3.011.087                         2.904.014                             2,732,190
  Total (KiloLiter)                                                        32.349.807                          31.033.385                            29.097.495
  Total (GJ)                                                                   116.459,3                         111.720,2                             104.751,0
  Total Penggunaan Energi    [302-1]
                                       (GJ)
  Total Energy Use (GJ)                                                        205.428,6                         205.030,7                             196.065,1
  Total Output Hasil Produksi (Ton)                                            313.968,0                         310.896,0                             268.092,0
  Total Production Output (Ton)                                                    65%                                  66%                                      73%




122                    Tentang Kami                  Strategi Keberlanjutan                       Profil Perusahaan                   Tata Kelola Keberlanjutan
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                        Sumber Energi | Energy Source                                                                       Jumlah Pemakaian | Total Usage

                                                                                                           2024                                         2023                                   2022

    Rasio penggunaan energi dibandingkan dengan                                                           0,654                                         0.659                                 0.731
    output tonase (GJ/Ton) | Ratio of energy use compared
    to production output (GJ/Ton)
    Efisiensi energi (2024 vs 2023) (GJ/Ton)                                                               0,005                                          0.07
    Energy efficiency (2024 vs 2023) (GJ/Ton)
    Efisiensi energi (2024 vs 2023) (%)                                                                    0,79%
    Energy efficiency (2024 vs 2023) (GJ/Ton)

    Catatan | Note:
    Penggunaan Gas dari MMBtu, BBM dari liter dan listrik dari kWh dikonversi ke Giga Joules (GJ) dengan menggunakan The Greenhouse Gas Protocol Initiative, 2004.
    The use of Gas from MMBtu, Fuel from litre and Electricity from kWh converted to Giga Joules (GJ) by using The Greenhouse Gas Protocol Initiative, 2004.



  Tahun 2024, total penggunaan energi untuk produksi adalah                                                       In 2024, the overall energy consumption for production reached
  205.428,62 GJ dengan output hasil produksi sebesar 313.968 Ton.                                                 205,428.62 GJ, resulting in an output of 313,968 tons. Compared to
  Rasio Penggunaan energi per output hasil produksi mengalami                                                     2023, the energy use per unit of production saw a decline of 0.79%,
  penurunan sebesar 0,79 % dibandingkan tahun 2023 dari 0,659 GJ/Ton                                              dropping from 0.659 GJ/Ton to 0.654 GJ/Ton.
  ke 0,654 GJ/Ton.


                                                   Tabel Intensitas Energi Tahun 2024 [302-3] | Table of Energy Intensity in 2024

    Area Pabrik | Plant Area                           Hasil Produksi | Production Result                                Energi | Energy                       Intensitas Energi | Energy Intensity

                                                                           Penggunaan Gas Alam | Natural Gas Use (MMBtu)

    Plant 1                                                               28.634           ton                             38.469            MMBtu                               1,3        MMBtu/ton
    Plant 3                                                               19.849           ton                             37.070            MMBtu                               1,9        MMBtu/ton
    Total                                                                 48.483           ton                             75.539            MMBtu                               3,2        MMBtu/ton
    Plant 4                                                                         -                                                -                                              -


                                                                                 Penggunaan Listrik | Electricity Use (kWh)

    Plant 1                                                            55.465,8            ton                        4.587.593               kWh                              82,7           kWh/ton
    Plant 2                                                            16.422,7            ton                        5.561.598               kWh                            338,6            kWh/ton
    Plant 3                                                            58.832,8            ton                        5.961.889               kWh                            101,3            kWh/ton
    Plant 4                                                            77.203,8            ton                        4.402.664               kWh                              57,0           kWh/ton
    Plant 5                                                            61.170,1            ton                        8.824.976               kWh                            144,3            kWh/ton
    Plant 6                                                            44.873,2            ton                        3.011.087               kWh                              67,1           kWh/ton
    Total                                                            313.968,4             ton                      32.349.806                kWh                            791,1           kWh/ton

  Catatan | Note:
  Penggunaan BBM dari liter dan listrik dari kWh dikonversi ke Giga Joules (GJ) dengan menggunakan The Greenhouse Gas Protocol Initiative, 2004.
  The use of Fuel from litre and Electricity from kWh converted to Giga Joules (GJ) by using The Greenhouse Gas Protocol Initiative, 2004.




  Intensitas energi tahun 2024 tercatat sebesar 0,654 GJ/ton. [302-3]                                             The energy intensity for 2024 was 0.654 GJ/ton. [302-3]




                  Kinerja Ekonomi                                     Kinerja Sosial                                  Kinerja Lingkungan                        Indeks POJK & Standar GRI             123
               Economic Performance                                 Social Performance                            Environmental Performance                     POJK Index & GRI Standard               7
Page 132
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                                                       Tabel Penggunaan Energi Tahun 2024 | Table of Energy Use in 2024

                                                                                                                  BBM | Fuel                                    Listrik | Electricity
   Area Pabrik | Plant Area
                                                                                                      KiloLitre                   Giga Joule (GJ)         kWh                  Giga Joule (GJ)

   Plant 1                                                                                                       116                         2,89        4.587.593                  16.515,3
   Plant 2                                                                                                         -                              -      5.561.598                  20.021,7
   Plant 3                                                                                                       20                          0,51        5.961.889                  21.462,8
   Plant 4                                                                                                       83                          2,05        4.402.664                  15.849,6
   Plant 5                                                                                                       18                          0,45        8.824.976                  31.769,9
   Plant 6                                                                                                         3                         0,08        3.011.087                  10.839,9

 Catatan | Note:
 Penggunaan BBM dari liter dan listrik dari kWh dikonversi ke Giga Joules (GJ) dengan menggunakan The Greenhouse Gas Protocol Initiative, 2004.
 The use of Fuel from litre and Electricity from kWh converted to Giga Joules (GJ) by using The Greenhouse Gas Protocol Initiative, 2004.




                                                                                                  [F.7][302-4]
Upaya Efisiensi Energi | Energy Efficiency Efforts
  Sebagai langkah efisiensi untuk mengurangi pemakaian energi, baik                                                As a step of efficiency to lower the use of energy, both oil fuel and
  BBM maupun listrik, kami melakukan upaya-upaya penghematan                                                      electrical power, we carry out the following conservation efforts:
  melalui hal berikut, yang akan kami terus lakukan di tahun-tahun                                                1. Enhance effectiveness of operations by maintaining machines
  mendatang:                                                                                                           and production equipment;
  1. Meningkatkan efektivitas operasional dengan merawat mesin                                                    2. Vehicle and operation tools maintenance according to procedure;
        dan peralatan produksi;                                                                                   3. The utilization of solar cells as alternative electric energy.;
  2. Perawatan kendaraan dan alat operasional sesuai prosedur;                                                    4. Replace the use of lamps with ones that conserves energy;
  3. Penggunaan solar cell sebagai energi listrik alternatif;                                                     5. Socialization of energy conservation to employees.
  4. Mengganti lampu dengan yang lebih hemat energi;
  5. Sosialisasi penghematan energi terhadap karyawan.




      Unit 4 | Plant 4




      Unit 6 | Plant 6                                                                                                                                                          Unit 5 | Plant 5




124                               Tentang Kami                                   Strategi Keberlanjutan                               Profil Perusahaan            Tata Kelola Keberlanjutan
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Page 133
Laporan Keberlanjutan 2024




                                                                  Program Rencana Efisiensi Energi
                                                                   Energy Efficiency Plan Program

    Program            Unit                 Kapasitas                                                                   Penjelasan
    Program            Units                Capacities                                                                  Explanation

  Solar Cell           Unit 4        310 kWp                          Selama tahun 2024, solar cell di unit 4 dapat menghasilkan energi listrik sebesar 405.595 kWh atau
                                     (Daya PLN terpasang              setara dengan pengurangan emisi karbon sebesar 352,87 Ton eq.
                                     3465 kVa)                        By 2024, the solar panel in Unit 4 will be able to produce 405,595 kWh of electrical energy,
                                     310 kWp                          equivalent to a carbon emission reduction of 352.87 tons of carbon equivalent.
                                     (Installed PLN power
                                     3465 kVa)


                       Unit 6        650 kWp                          Selama tahun 2024, solar cell di unit 6 dapat menghasilkan energi listrik sebesar 529.937 kWh atau
                                     (Daya PLN terpasang              setara dengan pengurangan emisi karbon sebesar 461,04 Ton eq.
                                     2180 kVa)                        By 2024, the solar panel in Unit 4 will be able to produce 529,937 kWh of electrical energy,
                                     650 kWp                          equivalent to a carbon emission reduction of 461.04 tons of carbon equivalent.
                                     (Installed PLN power
                                     2180 kVa)


                       Unit 5        1030 kWp                         Pada bulan Juli 2024, solar cell di unit 5 telah resmi beroperasi. Pada periode Juli - Desember 2024,
                                     (Daya PLN terpasang              solar cell di unit 5 dapat menghasilkan energi listrik sebesar 625.477 kWh atau setara dengan
                                     5100 kVa)                        pengurangan emisi karbon sebesar 544,16 Ton eq.
                                     1030 kWp                         In July 2024, the solar panels of Unit 5 will be officially put into operation. During the period from July
                                     (Installed PLN power             to December 2024, the solar panels of Unit 5 can produce 625,477 kWh of electricity, equivalent to
                                     5100 kVa)                        a carbon emission reduction of 544.16 tons of carbon equivalent.



         Program                   Unit                                                                                 Penjelasan
         Program                   Units                                                                                Explanation

  Penggunaan Mini               Unit 1     Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 61,76 kW)

  Cooling Tower                            This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop (efficiency 61.76 kW)

  sebagai alternatif
  efisiensi energi               Unit 2     Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 48,58kW)

  listrik & air                            This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop (efficiency 45.58 kW)

  Using mini cooling
  towers as an                  Unit 3     Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 3113,6 kWh/bulan)

  alternative for                          This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop system (efficiency

  energy and water                         3113.6 kWh/month)

  efficiency
                                Unit 6     Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 48,58kW)
                                           This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop (efficiency 45.58 kW)




               Kinerja Ekonomi                           Kinerja Sosial                         Kinerja Lingkungan                  Indeks POJK & Standar GRI             125
            Economic Performance                       Social Performance                   Environmental Performance               POJK Index & GRI Standard               7
Page 134
                                                                                                                                     2024 Sustainability Report




Laporan Pencapaian Obligasi Terkait Keberlanjutan | Sustainability-Linked Bond Achievement Report

 Selama periode Januari hingga Desember 2024, Perseroan telah                                  During the period from January to December 2024, the Company has
 menetapkan target terkait Indikator Kinerja Utama (IKU) yang dipilih.                         set targets related to the selected KPIs (Key Performance Indicator).
 Perseroan meyakini bahwa target tersebut menunjukkan komitmen                                 The Company believes that these targets demonstrate our
 kami untuk berkontribusi pada peningkatan bauran energi                                       commitment to contributing to the improvement of the renewable
 terbarukan.                                                                                   energy mix.


 Tujuan Target Kinerja Keberlanjutan:                                                          Objectives of Sustainability Performance Targets:
 Ÿ     Penghematan Energi: Mencapai pengurangan konsumsi energi                                Ÿ   Energy Savings: Achieving a reduction in energy consumption
       dalam operasi perusahaan melalui penerapan teknologi hemat                                  across the company’s operations by implementing energy-
       energi, penggunaan energi terbarukan, dan peningkatan efisiensi                              efficient technologies, utilizing renewable energy sources, and
       di setiap lini operasional.                                                                 improving efficiency in every operational aspect.
 Ÿ     Pengurangan Emisi Karbon: Dengan penghematan energi,                                    Ÿ   Carbon Emission Reduction: By saving energy, the company aims
       perusahaan bertujuan untuk mengurangi emisi gas rumah kaca                                  to reduce greenhouse gas emissions produced from fossil fuel-
       yang dihasilkan dari penggunaan energi fosil, mendukung                                     based energy, supporting environmental sustainability.
       keberlanjutan lingkungan.                                                               Ÿ   Operational Efficiency Improvement: Achieving higher output
 Ÿ     Peningkatan Efisiensi Operasional: Mencapai output yang lebih                                with more efficient energy use, leading to reduced operational
       tinggi dengan penggunaan energi yang lebih efisien, sehingga biaya                           costs and increased competitiveness.
       operasional dapat ditekan, dan daya saing perusahaan meningkat.


 Indikator Kinerja Utama (KPI):                                                                Key Performance Indicators (KPI):
 Ÿ     Pengurangan Konsumsi Energi: Mengukur persentase                                        Ÿ   Energy Consumption Reduction: Measuring the percentage
       pengurangan penggunaan energi dibandingkan dengan periode                                   reduction in energy usage compared to previous periods or
       sebelumnya atau standar industri.                                                           industry standards.
 Ÿ     Efisiensi Energi: Rasio antara output produksi dan jumlah energi                         Ÿ   Energy Efficiency: The ratio between production output and the
       yang digunakan, untuk memastikan bahwa proses produksi                                      amount of energy used, ensuring that the production process
       menjadi lebih efisien.                                                                       becomes more efficient.
 Ÿ     Implementasi Teknologi Hijau: Penerapan teknologi ramah                                 Ÿ   Green Technology Implementation: Adopting environmentally
       lingkungan dan energi terbarukan dalam operasional perusahaan                               friendly technologies and renewable energy solutions in company
       sebagai bagian dari komitmen terhadap keberlanjutan.                                        operations as part of a commitment to sustainability.
 Ÿ     Pengurangan Emisi Karbon: Mengukur seberapa banyak emisi                                Ÿ   Carbon Emission Reduction: Measuring the amount of carbon
       karbon yang berhasil dikurangi melalui penghematan energi.                                  emissions successfully reduced through energy savings.


                                                                Data Peningkatan Kapasitas Sel Surya yang Direncanakan 2023 – 2024:
                                                                        Planned Solar Cell Capacity Increase Data 2023 – 2024:
      Dasar Penetapan
                                                                                                                                          Pengurangan Emisi Karbon
      Indikator Kinerja                                                                                                                   Carbon Emission Reduction
                                  Tahun | Year         Kapasitas | Capacities         Persentase Peningkatan | Percentage Increase
      Utama (IKU) dan                                                                                                                             (kgCO2eq)
      Target Kinerja                                      682,5 kWp
                                     2024                                                                  -                                       855.036
      Keberlanjutan (TKK)
                                     2023                   650 kWp                                      5%                                        814.320
      Basis for Determining
      Key Performance               *Peningkatan 5% dari 650 kWp, yang tetap konstan | 5% increase from 650 kWp, which remains constant
      Indicators (KPI) and           Catatan | Note:
      Sustainability                 Ÿ   1 kWp menghasilkan 4 kWh Listrik setiap hari | 1 kWp produce 4 kWh Electricity daily
      Performance Targets            Ÿ   Faktor emisi sebesar 0,87 kg CO2eq sesuai dengan Faktor Emisi GRK Sistem Ketenagalistrikan 2019 dari Kementerian
      (SPT)                              Energi dan Sumber Daya Mineral | The emission factor of 0.87 kg CO2eq is in accordance with the 2019 Electricity System
                                         GHG Emission Factor of the Ministry of Energy and Mineral Resources



126                           Tentang Kami                         Strategi Keberlanjutan                      Profil Perusahaan             Tata Kelola Keberlanjutan
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  Pencapaian Output: Melalui pencapaian target penghematan energi,                         Achievement of Output: Through the achievement of energy-saving
  perusahaan dapat meningkatkan daya saingnya di pasar global yang                         targets, the company can enhance its competitiveness in a global
  semakin mengedepankan tanggung jawab sosial dan lingkungan.                              market that increasingly emphasizes social and environmental
  Selain itu, pencapaian ini juga mendukung kepatuhan terhadap                             responsibility. Additionally, this achievement supports compliance
  regulasi yang semakin ketat terkait dengan emisi karbon dan                              with stricter regulations related to carbon emissions and
  keberlanjutan.                                                                           sustainability.


  Dengan fokus pada indikator kinerja utama dalam penghematan                              By focusing on key performance indicators related to energy savings,
  energi, perusahaan tidak hanya berkontribusi pada pelestarian                            the company not only contributes to environmental preservation but
  lingkungan tetapi juga menciptakan nilai jangka panjang melalui                          also creates long-term value through operational efficiency and
  efisiensi operasional dan pengelolaan sumber daya yang lebih bijak.                       responsible resource management.




                     Ringkasan Pencapaian Indikator Kinerja Utama | KPI (Key Performance Indicators) Achievement Summary

                 Target 2024 | 2024 Target                          Pencapaian 2024 | 2024 Achievement                 Peningkatan                     Tindakan
                                                                                                                        Kapasitas                       Action
  Kapasitas | Capacities      Perkiraan Pengurangan         Kapasitas | Capacities      Perkiraan Pengurangan           Increase                         Taken
         (kWp)             Emisi Karbon | Estimate Carbon           (kWp)            Emisi Karbon | Estimate Carbon     Capacities
                                Emission Reduction                                        Emission Reduction               (%)
                                    (kg CO₂eq)                                                (kg CO₂eq)

         682,5                      855.036                       1.994,0                  2.498.183,4                   206,8        Ÿ   Penambahan kapasitas solar cell
                                                                                                                                          Unit 6 dari 340 kWp menjadi 650
                                                                                                                                          kWp per Oktober 2024
                                                                                                                                      Ÿ   Pemasangan solar cell di Unit 5
                                                                                                                                          dengan kapasitas 1.030 kWp per
                                                                                                                                          Juli 2024.
                                                                                                                                      Ÿ   Pemasangan solar cell di Unit 1, 2,
                                                                                                                                          3 masih dalam tahap pengerjaan.


                                                                                                                                      Ÿ   Addition of solar cell capacity Unit 6
                                                                                                                                          from 340 kWp to 650 kWp as of
                                                                                                                                          October 2024.
                                                                                                                                      Ÿ   Installation of solar cells in unit 5
                                                                                                                                          with a capacity of 1.030 kWp as of
                                                                                                                                          July 2024.
                                                                                                                                      Ÿ   The installation of solar cells in units
                                                                                                                                          1, 2, 3 is still ongoing.




               Kinerja Ekonomi                          Kinerja Sosial                         Kinerja Lingkungan                  Indeks POJK & Standar GRI                127
            Economic Performance                      Social Performance                   Environmental Performance               POJK Index & GRI Standard                  7
Page 136
                                                                                                                            2024 Sustainability Report




 Pemanfaatan Air [F.8][303]
 Water Utilization


 Perusahaan membutuhkan air, baik untuk proses produksi maupun                      The company requires water for its manufacturing processes as well
 untuk aktivitas dan kebutuhan operasional lainnya. Perseroan                       as for various operational necessities. The company sources water
 memanfaatkan air berupa air tanah, air permukaan dan juga air dari                 from groundwater, surface water, and the local drinking water
 perusahaan daerah air minum (PDAM)                   . Pada tahun 2024,            company (PDAM) [303-1]. In 2024, the company reported a total water
                                            [303-1]



 Perseroan mencatatkan penggunaan air sebanyak 136.386 m3,                          consumption of 136,386 m3, which reflects a 0.25% decrease from
 menurun 0.25% dibandingkan dengan tahun 2023 yang tercatat                         2023's usage of 136,727 m3 [303-3].
 sebesar 136.727 m3 [303-3].




                 Area Pabrik | Plant Area                                                          Jumlah Pemakaian | Total Usage

                                                                                    2024                             2023                          2022

  Air Permukaan (DAS, sungai, danau, dan laut)[303-3] | Surface Water (DAS, river, lake, and sea) [m3]

       Plant 3                                                                       41.674                           45.194                       289.332
       Plant 4                                                                       22.029                           24.409                         25.458
                                                                                                         .
  Sumber Air Lainnya (Contoh: Pembelian dari pihak ketiga)[303-3] | Other Water Sources (Example: Purchase from third party) [m3]

       Plant 1                                                                       31.040                           33.417                         13.290
       Plant 2                                                                       16.434                           10.118                           4.186
       Plant 5                                                                       13.550                           14.929                         13.776
       Plant 6                                                                       11.659                            8.660                           8.653
       Total                                                                        136.386                          136.727                       354.695




Efisiensi Pemakaian Air | Water Usage Efficiency [303-4, 303-5]

 Keseluruhan pemanfaatan, baik pengambilan maupun penggunaan,                       The overall utilization, both for retrieval and usage, has followed all
 telah mengikuti segala ketentuan dan aturan yang berlaku.                          the applicable provisions and regulations. We constantly make sure
 Pemanfaatan air dilakukan seefisien mungkin dengan tetap                            that the use of water is as efficient as possible while continuing to
 melakukan berbagai upaya penghematan. Upaya-upaya yang kami                        carry out other conservation efforts. We continue
 lakukan untuk mengoptimalkan dan mengurangi penggunaan air                         to optimize and reduce water usage by:
 adalah:                                                                            1. Utilizing used-water to water roadway and park (green zone).
 1. Pemanfaatan air bekas pakai untuk penyiraman jalan dan taman                    2. Utilizing rain water as primary water source.
      (area hijau).                                                                 3. Constructing infiltration well and bio pore infiltration pore in the
 2. Pemanfaatan air hujan untuk sumber air baku.                                        office and factory areas.
 3. Pembuatan sumur resapan dan lubang biopori di perkantoran                       4. Installation of measuring instruments for water usage in all
      dan pabrik.                                                                       facilities of the Company.
 4. Pemasangan alat pengukur penggunaan air di seluruh fasilitas                    5. Installation of Water Treatment Plant to process water recycle.
      Perseroan.
 5. Instalasi Water Treatment Plant untuk proses daur ulang air.




128                     Tentang Kami                      Strategi Keberlanjutan                  Profil Perusahaan              Tata Kelola Keberlanjutan
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  Emisi dan Gas Buang [F.11][305]
  Emission and Exhaust Gasses


  Emisi Gas Rumah Kaca (GRK) adalah kontributor utama bagi                 Greenhouse Gasses (GHG) emissions are a major contributor to
  perubahan iklim dan diatur oleh 'Konvensi Kerangka Kerja Perubahan       climate change and are governed by the United Nations (UN)
  Iklim' Perserikatan Bangsa-Bangsa (PBB) dan 'Protokol Kyoto' PBB.        ‘Framework Convention on Climate Change’ and the subsequent UN
  Emisi GRK adalah sebagai berikut:                                        ‘Kyoto Protocol’. GHG emissions are as follows:[305-6]
                                      [305-6]



  Ÿ   Karbon dioksida (Co2)                                                Ÿ    Carbon dioxide (Co2)
  Ÿ   Metana (Ch4)                                                         Ÿ    Methane (Ch4)
  Ÿ   Dinitrogen oksida (N2O)                                              Ÿ    Nitrous oxide (N2O)
  Ÿ   Hidrofluorokarbon (HFC)                                               Ÿ    Hydrofluorocarbons (HFCs)
  Ÿ   Perfluorokarbon (PFC)                                                 Ÿ    Perfluorocarbons (PFCs)
  Ÿ   Sulfur heksafluorida (Sf6)                                            Ÿ    Sulphur hexafluoride (Sf6)
  Ÿ   Nitrogen trifluorida (Nf3)                                            Ÿ    Nitrogen trifluoride (Nf3)


  Beberapa GRK, termasuk metana, juga merupakan polutan udara              Some GHGs, including methane, are also air pollutants that have
  yang memiliki dampak negatif signifikan terhadap ekosistem, kualitas      significant adverse impacts on ecosystems, air quality, agriculture,
  udara, pertanian, serta kesehatan manusia dan hewan. [305-6]             and human and animal health. [305-6]


  Polutan seperti Nitrogen Oksida (NOX) dan sulfur oxides (SOX) memiliki   Pollutants such as Nitrogen Oksida (NOX) and sulfur oxides (SOX) have
  efek buruk pada iklim, ekosistem, kualitas udara, habitat, pertanian,    adverse effects on climate, ecosystems, air quality, habitats,
  serta kesehatan manusia dan hewan. Penurunan kualitas udara,             agriculture, and human and animal health. Deterioration of air quality,
  peningkatan keasaman, degradasi hutan dan masalah kesehatan              acidification, forest degradation and public health concerns have led
  masyarakat telah menuntun pada adanya peraturan lokal dan                to local and international regulations to control emissions of these
  internasional untuk mengontrol emisi-emisi polutan tersebut. [305-7]     pollutants. [305-7]


  Penurunan dalam emisi polutan yang diregulasi menyebabkan                Reductions in the emission of regulated pollutants lead to improved
  adanya kondisi kesehatan yang lebih baik bagi pekerja dan                health conditions for workers and local communities and can enhance
  masyarakat lokal serta dapat meningkatkan hubungan dengan para           relations with affected stakeholders. In regions with emission caps,
  pemangku kepentingan yang terkena dampak. Di daerah-daerah               the volume of emissions also has direct cost implications.
  yang memiliki batasan emisi, volume emisi juga memiliki implikasi
  langsung pada biaya.                                                     Other significant air emissions include, for example, persistent
                                                                           organic pollutants or particulate matter, as well as air emissions that
  Emisi udara yang signifikan lainnya mencakup, misalnya, polutan           are regulated under international conventions and/or national laws or
  organik yang persisten atau materi partikulat, serta emisi udara yang    regulations.
  diatur dalam konvensi internasional dan/atau undang-undang atau
  peraturan nasional.                                                      Emission sources we measure is divided into two categories,
                                                                           immobile emission sources mostly coming from factory activities and
  Emisi yang diukur dibagi menjadi dua kategori, yakni emisi tidak         mobile emission source from the activity of transportation vehicles
  bergerak yang mayoritas berasal dari penggunaan aktivitas pabrik,        and other mobile equipment. In the event of a discrepancy against the
  dan emisi bergerak yang berasal dari aktivitas kendaraan                 ideal parameters then the related function will make a correction with
  pengangkut, serta peralatan bergerak lainnya. Apabila ditemukan          NCR (Non-Conformity report) or Corrective Action Plan (CPA). NCR
  ketidaksesuaian dengan parameter ideal, maka fungsi terkait akan         is used when a finding emerges during the audit process, while CAP
  mengoreksinya dengan NCR (Non-conformity report) atau RTP                is used for incidental findings or conjecture.
  (Rencana Tindakan Perbaikan). NCR digunakan ketika ada hasil
  temuan pada saat dilakukan proses audit, sedangkan RTP digunakan
  untuk temuan insidentil dan atau masih dalam tahap dugaan.




              Kinerja Ekonomi                     Kinerja Sosial               Kinerja Lingkungan             Indeks POJK & Standar GRI      129
           Economic Performance                 Social Performance         Environmental Performance          POJK Index & GRI Standard        7
Page 138
                                                                                                                             2024 Sustainability Report




                                  Tabel Pengukuran Emisi Tahun 2024 | Table of Emission Measurement in 2024

 Sumber Emisi | Emission Sources         Nitrogen Oxides,NOx Sulphur Dioxide,SO2 Carbon Monoxide,CO Dust, Particulate Opacity [%]
                                               [mg/Nm3]           [mg/Nm3]            [mg/Nm3]         [mg/Nm3]

  Emisi Sumber Tidak Bergerak | Immobile Source Emission

  Cerobong Boiler 301                               51                             3                            -                   -                        -
  Boiler Smokestack 301
  Cerobong Boiler 302                               43                             3                            -                   -                        -
  Boiler Smokestack 302
  Cerobong Galvanizing 302                          67                             1                            -                   -                        -
  Galvanizing Smokestack 302
  Emisi Genset U4                                   61                             1                           56                   -                        -
  Generator emission U4

  Emisi Sumber Bergerak | Mobile Source Emission

  Forklift U3                                       -                              -                            -                   -                    36,3
  Truck/Trailer U4                                  -                              -                            -                   -                    27,6


                                                                                   [F.12][305-5]
Upaya Pengurangan Emisi | Efforts to Reduce Emission
 1. Penggunaan solar cell sebagai alternatif sumber energi listrik                 1. Implementing solar panels as a sustainable source of clean
      yang ramah lingkungan di Unit 4 dan Unit 6.                                       electricity for Unit 4 and Unit 6.


 2. Program penghijauan dengan penanaman pohon-pohon di                            2. Tree-planting initiative within the company premises to help
      lingkungan perusahaan sebagai upaya mengurangi emisi karbon                       lower the carbon emissions generated by the company's
      yang dihasilkan karena aktivitas produksi perusahaan.                             manufacturing processes.




130                     Tentang Kami                     Strategi Keberlanjutan                    Profil Perusahaan              Tata Kelola Keberlanjutan
  7                       About Us                       Sustainability Strategy                   Company Profile                Sustainability Governance
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Laporan Keberlanjutan 2024




  Keanekaragaman Hayati [F.9, F.10][304]
  Biodiversities


  Seluruh lokasi operasi yang dimiliki oleh Perseroan berada di        All operating locations owned by the Company are located in
  kawasan pengembangan industri dan lahan yang diatur berdasarkan      industrial development areas and land which are regulated based on
  Rencana Tata Ruang Wilayah, sehingga telah dipastikan tidak          the Regional Spatial Plan, so that it is certain that they will not have an
  berdampak terhadap kerusakan lingkungan, dan hal ini telah sesuai    impact on environmental damage, and this is in accordance with the
  ketentuan peraturan dan perundang-undangan pemerintah                provisions of the laws and regulations of the Indonesian government
  Indonesia   [F.9][304-1]
                             .                                                    .
                                                                       [F.9][304-1]




  Upaya untuk menjaga ekosistem di lingkungan pabrik dilakukan         Efforts to maintain the ecosystem in the factory environment are
  dengan memberikan Ruang Terbuka Hijau sebesar 30% sesuai             carried out by providing Green Open Space of 30% in accordance
  ketentuan peraturan dan perundang-undangan pemerintah. Selain itu,   with government regulations and laws. In addition, to provide a
  untuk memberikan kenyamanan lingkungan bagi seluruh karyawan         comfortable environment for all employees and workers, a greening
  dan pekerja dilakukan program penghijauan dengan penanaman           program was carried out by planting trees and plants around the
  pohon dan tanaman di sekitar wilayah operasional [F.10][304-2].      operational area [F.10][304-2].




              Kinerja Ekonomi                       Kinerja Sosial         Kinerja Lingkungan             Indeks POJK & Standar GRI          131
           Economic Performance                   Social Performance   Environmental Performance          POJK Index & GRI Standard            7
Page 140
                                                                                                                                 2024 Sustainability Report




 Pengelolaan Limbah Berbahaya [F.13, F.14][306]
 Disposal Method of Hazardous Waste


 Dampak Operasional Terhadap Lingkungan | Operational Impact to Environment [F.9][306-1]

 Dalam menjalankan kegiatan operasionalnya, Perseroan telah                          In carrying out its operational activities, the Company has complied
 mematuhi peraturan dan perundang-undangan pemerintah                                with the laws and regulations of the Indonesian government. Until the
 Indonesia. Hingga akhir tahun 2024, tidak terdapat laporan tentang                  end of 2024, there were no reports of negative environmental
 dampak negatif lingkungan dari masyarakat sekitar wilayah operasi                   impacts from the communities around the Company's operational
 Perseroan. Berikut identifikasi dampak operasional terhadap                          areas. The following identifies operational impacts on the
 lingkungan:                                                                         environment:

                      Dampak operasional terhadap lingkungan tahun 2024 | Operational impacts on the environment in 2024

                   Dampak                                                  Sumber Dampak                                         Strategi Penanganan
                    Impact                                                  Impact Source                                         Treatment Strategy

 Penurunan kualitas udara, berupa peningkatan        Operasional pabrik                               Ÿ    Merawat mesin dan alat produksi agar berfungsi optimal.
 kadar debu dan polusi pada udara ambien             Plant Operations                                      Maintaining machine and production equipment to
 Decrease in air quality, in the form of increased                                                         function optimally.
 level of dust and pollution in ambient air                                                           Ÿ    Mengukur emisi yang dihasilkan secara berkala.
                                                                                                           Measure the emission produced regularly.


 Peningkatan kebisingan, berupa perubahan            Operasional pabrik                               Melakukan aktivitas bisnis yang berpotensi menimbulkan
 tingkat kebisingan                                  Plant Operations                                 kebisingan hanya sepanjang jam operasional normal.
 Increased noise, in the form of changes in level                                                     Conduct business activities that have the potential to cause
 of noise                                                                                             noise only during normal operating hours.


 Pertambahan jumlah penduduk di sekitar area         Kebutuhan sumber daya manusia untuk              Mengoptimalkan penggunaan sumber daya manusia lokal.
 operasi                                             operasional                                      Optimizing the use of local human resources.
 Population growth around the operating area         The need for human resources for operations




 Limbah yang Dialihkan dari / Dikirimkan ke Pembuangan Akhir |
                                            [306-4, 306-5]]
 Waste Diverted from / Directed to Disposal
 Kegiatan pengelolaan limbah B3 di SPINDO telah sesuai dengan                        B3 waste management activities at SPINDO comply with the
 peraturan perundangan yang berlaku.                                                 applicable laws and regulations.


 Perseroan sebagai pihak penghasil limbah B3 wajib melakukan                         The company as the party producing the B3 waste is required to
 pengelolaan limbah B3 dengan melakukan penyimpanan sementara                        manage the B3 waste by temporarily storing the B3 waste. In the B3
 limbah B3. Dalam kegiatan penyimpanan limbah B3, Perseroan telah                    waste storage activities, the Company has complied with the
 memenuhi standar atau rincian teknis limbah B3. dan telah memiliki                  standards or technical details of the B3 waste, and has a permit for
 ijin penyimpanan TPS B3 yang dikeluarkan oleh instansi yang                         the storage of B3 TPS issued by the competent authority.
 berwenang.


 Selanjutnya limbah B3 tersebut dikelola ke pihak ketiga (Pemanfaat /                Then the B3 waste is managed by a licensed third party (User /
 Pengumpul, / Pengolah Limbah B3) yang berijin melalui pihak                         Collector / B3 Waste Processor) through a licensed transporter.
 pengangkutan yang berijin.



132                        Tentang Kami                    Strategi Keberlanjutan                  Profil Perusahaan                   Tata Kelola Keberlanjutan
  7                          About Us                      Sustainability Strategy                 Company Profile                     Sustainability Governance
Page 141
Laporan Keberlanjutan 2024




  Pengelolaan Dampak yang Signifikan Terkait Limbah |
                                                [306-2, 306-3]
  Management of Significant Waste-Related Impact

  Jumlah dan Pengelolaan Limbah Kegiatan operasi produksi                     Total and Disposal Method of Waste Production activities involve
  melibatkan bahan baku kimia yang menghasilkan limbah. Yang                  chemical material that produces waste which if improperly managed
  apabila tidak dikelola dapat berpotensi mencemari lingkungan.               could potentially contaminate the environment. SPINDO prioritizes
  SPINDO mengedepankan kepatuhan terhadap ketentuan hukum                     compliance with the prevailing legal provision in managing and
  yang berlaku dalam mengelola dan mengolah limbah.                           process wastes.


                         Kategori Limbah Berdasarkan Bentuk [Ton] [306-2, 306-3] | Waste Category Based on Form [Tonnage]


  Kategori                            Jenis                                Pengelolaan [306-2]                            Jumlah [306-3] | Total
  Category                            Type                                    Handling
                                                                                                             2024               2023               2022

  Limbah Cair        HCL cair | Liquid HCL                            Dikelola oleh pihak ketiga.           953,04             742,08          588,60
  Liquid Waste                                                        Managed by third party.
                     Asam bekas, pickling |                           Dikelola oleh pihak ketiga.           552,82             374,42          323,11
                     Waste Acid, pickling                             Managed by third party.
                     H2SO4 cair | Liquid H2SO4                        Dikelola oleh pihak ketiga.           509,62             564,65          530,57
                                                                      Managed by third party.


  Limbah Padat       Accu/baterai Bekas |                             Dikelola oleh pihak ketiga.              1,21             0,76               0,95
  Solid Waste        Waste Accu/Battery                               Managed by third party.
                     Kemasan bekas, terkontaminasi B3                 Dikelola oleh pihak ketiga.           40,72              33,11           23,14
                     Used packaging, contaminated with B3             Managed by third party.
                     Majun bekas / Sarung tangan bekas                Dikelola oleh pihak ketiga.           108,35             91,12           153,78
                     Used rag / Used Gloves                           Managed by third party.
                     Elektronik bekas (Lampu TL, Lampu LED,           Dikelola oleh pihak ketiga.              1,42             2,87           18,81
                     Bohlam, PCB, MCB)                                Managed by third party.
                     Used electronics material (TL lamp, LED
                     Bulb, PCB, MCB
                     Sludge Carbon                                    Dikelola oleh pihak ketiga.           233,12            274,70           203,24
                                                                      Managed by third party.




  Tumpahan | Spill [F.15]
  Pada tahun 2024, tidak terdapat laporan tentang tumpahan bahan              In 2024, there were no reports of spills of chemicalsmaterial and other
  kimia dan bahan berbahaya lainnya yang dapat berpotensi                     hazardous materials that might influence the land, water, air,
  mempengaruhi tanah, air, udara, keanekaragaman hayati, dan                  biodiversity and human health.
  kesehatan manusia.




             Kinerja Ekonomi                       Kinerja Sosial                 Kinerja Lingkungan            Indeks POJK & Standar GRI             133
          Economic Performance                   Social Performance           Environmental Performance         POJK Index & GRI Standard               7
Page 142
                                                                                                                          2024 Sustainability Report



Ketidakpatuhan Terhadap Undang-Undang
dan Peraturan Lingkungan Hidup [F.16][307-1]
Non-Compliance With Environmental Laws and Regulations


 Dalam menjaga kinerja keberlanjutan, Manajemen selalu terbuka                     In maintaining sustainability performance, management remains
 dalam setiap usulan dan masukan yang membangun. Termasuk                          open to any constructive suggestions and feedback. This includes
 pengaduan terhadap adanya indikasi ketidaksesuaian antara aturan                  complaints regarding any indication of non-compliance between
 dan tindakan di dalam operasional yang berkaitan dengan                           regulations and actions within operations related to environmental
 lingkungan. Saran, masukan, dan laporan dapat disampaikan                         matters. Suggestions, feedback, and reports can be submitted either
 langsung ataupun melalui alamat resmi yang tercantum dalam                        directly or through the official address provided in this report.
 laporan ini.


 Sepanjang 2024, SPINDO tidak pernah menerima laporan dan                          Throughout 2024, SPINDO has not received any reports or
 pengaduan dari masyarakat maupun pihak berwenang terkait                          complaints from the public or authorities concerning disruptions to
 gangguan keanekaragaman hayati dan habitat di dalam badan air                     biodiversity and habitats in water bodies, or other issues related to
 maupun hal-hal yang terkait dengan pengelolaan lingkungan lainnya             .   environmental management [F.16].
                                                                          [F.16]




 Upaya Perseroan terkait kepatuhan terhadap Undang-Undang dan                      The Company's efforts in ensuring compliance with environmental
 Peraturan Lingkungan Hidup telah mendapat apresiasi dari pemerintah               laws and regulations have been acknowledged by the government
 dengan memperoleh sertifikasi sebagai berikut :                                    through the receipt of the following certifications:



 No.             Sertifikasi                             Unit                                                       Keterangan
                Certification                            Units                                                      Description
 1.    PROPER                           Unit 1,                                        memperoleh PROGRAM PENILAIAN PERINGKAT KINERJA
                                        Rungkut, Surabaya, Jawa Timur;                 PERUSAHAAN DALAM PENGELOLAAN LINGKUNGAN
                                        Unit 3,                                        HIDUP dengan predikat peringkat “BIRU” dari Kementerian
                                        Warugunung, Surabaya, Jawa Timur;              Lingkungan Hidup & Kehutanan Republik Indonesia.
                                        Unit 5,                                        Obtained the “Corporate Performance Rating Assessment
                                        Karawang, Jawa Barat;                          Program in Environmental Management” with a "BLUE" rating
                                        Unit 6,                                        from the Ministry of Environment & Forestry of the Republic of
                                        Sidoarjo, Jawa Timur.                          Indonesia.


 2.    ISO 14001:2015                   Unit 3,                                        Sertifikasi Penerapan Sistem Manajemen Lingkungan yang
                                        Warugunung, Surabaya, Jawa Timur;              diberikan oleh SAI GLOBAL.
                                        Unit 4,                                        Certification for the implementation of an Environmental
                                        Pasuruan, Jawa Timur.                          Management System is offered by SAI GLOBAL.


 3.    Industri Hijau - Industri Pipa   Unit 3,                                        Sertifikasi Industri Hijau yang diterbitkan oleh Lembaga
       Baja Elektric Resistence         Warugunung, Surabaya, Jawa Timur               Sertifikasi Industri Hijau Balai Standarisasi & Pelayanan Jasa
       Welding Non Otomotif                                                            Industri Surabaya, Kementrian Perindustrian.
       Green Industry - Non-                                                           Green Industry Certification issued by the Green Industry
       Automotive Electric                                                             Certification Institute, Surabaya Industrial Standardization &
       Resistance Welding Steel                                                        Service Center, Ministry of Industry.
       Pipe Industry




134                    Tentang Kami                  Strategi Keberlanjutan                     Profil Perusahaan                 Tata Kelola Keberlanjutan
  7                      About Us                    Sustainability Strategy                    Company Profile                   Sustainability Governance
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           Kinerja Ekonomi       Kinerja Sosial         Kinerja Lingkungan      Indeks POJK & Standar GRI   135
        Economic Performance   Social Performance   Environmental Performance   POJK Index & GRI Standard     8
Page 144
                                                                                                                                              2024 Sustainability Report


 Indeks POJK [G.4]
 POJK Index

 Daftar Indeks Isi Laporan dengan Peraturan Otoritas Jasa Keuangan                       Disclosure List based on POJK No. 51/POJK.03/2017 regarding the
 (POJK) No.51/POJK.03/2017 tentang Penerapan Keuangan                                    Implementation of Sustainable Finance for Financial Services
 Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten dan Perusahaan                         Institutions, Listed Companies and Public Companies in accordance
 Publik sesuai dengan kriteria pada Surat Edaran Otoritas Jasa                           with the criteria in the Circular Letter of the Financial Services Authority
 Keuangan (SEOJK) No.16/SEOJK.04/2021 tentang Bentuk dan Isi                             (SEOJK) No.16/SEOJK.04/2021 concerning the Form and Contents of
 Laporan Tahunan Emiten atau Perusahaan Publik.                                          the Annual Report of Listed Companies or Public Companies.


  No. Indeks                                                           Nama Indeks                                                                         Halaman
  Nr of Index                                                          Name of Index                                                                        Pages

  A     Strategi Keberlanjutan | Sustainability Strategy                                                                                                               7

  A.1 Penjelasan Strategi Keberlanjutan                                                  Sustainability Strategy Explanation                                   2, 8-16

  B     Ikhtisar Kinerja Aspek Keberlanjutan                                             Overview of Sustainability Aspects Performance                                3

  B.1 Aspek Ekonomi                                                                      Economic Aspects                                                              3

  B.2 Aspek Sosial                                                                       Social Aspects                                                                4

  B.3 Aspek Lingkungan                                                                   Environmental Aspects                                                         5

  C     Profil Perusahaan | Company Profile                                                                                                                            17

  C.1 Visi, Misi, dan Nilai Keberlanjutan                                                Vision, Mission, and Sustainability Values                                  36

  C.2 Alamat Perusahaan                                                                  Company’s Address                                                      18, 19

  C.3 Skala Usaha:                                                                       Scale enterprises:                                                          30

        a. Total aset atau kapitalisasi dan total kewajiban;                             a. Total assets or assets capitalization and total liabilities;             30

        b. Jumlah karyawan menurut jenis kelamin, jabatan, usia,                         b. Total employee based on gender, position,                                30

           pendidikan, dan status ketenagakerjaan;                                          age, education and employment status;

        c. Nama pemegang saham dan persentase kepemilikan saham; dan c. Percentage of share ownership; and                                                  20, 21, 22

        d. Wilayah operasional                                                           d. Operational area.                                                    38-43

  C.4 Produk, Layanan, dan Kegiatan Usaha yang Dijalankan                                Products, Services and Business Activities Conducted               18, 24-29

  C.5 Keanggotaan Asosiasi                                                               Association Member                                                          46

  C.6 Perubahan Emiten dan Perusahaan Publik yang Bersifat Signifikan                     Significant Changes in Issuers and Public Companies                          31

  D     Penjelasan Direksi | Director Explanation                                                                                                                      7

  D.1 Penjelasan Direksi                                                                 Directors’ Explanation                                                   8-16

  E     Tata Kelola Keberlanjutan | Sustainable Corporate Governance                                                                                                 47

  E.1 Penanggung Jawab Penerapan Keuangan Berkelanjutan                                  Responsible for the Implementation of Sustainable Finance               53-56

  E.2 Pengembangan Kompetensi Terkait Keuangan Berkelanjutan                             Competency Development related to Sustainable Finance                       56

  E.3 Penilaian Risiko atas Penerapan Keuangan Berkelanjutan                             Risk Assessment on the Implementation of Sustainable Finance            57-59

  E.4 Hubungan dengan Pemangku Kepentingan                                               Stakeholders Relations                                                      60

  E.5 Permasalahan terhadap Penerapan Keuangan Berkelanjutan                             Sustainable Finance Implementation Problems                                 60

  F     Kinerja Keberlanjutan | Sustainable Performance                                                                                                              66

  F.1   Kegiatan Membangun Budaya Keberlanjutan                                          Activities to Build a Culture of Sustainability                         67-68

        Kinerja Ekonomi | Economic Performance                                                                                                                       67

  F.2   Perbandingan Target dan Kinerja Produksi, Portofolio, Target Comparison of Production Target and Performance,                                           67, 68

        Pembiayaan, atau Investasi, Pendapatan dan Laba Rugi                             Portfolio, Financing Target, or Investment, Income and

                                                                                         Profit and Loss

136                       Tentang Kami                         Strategi Keberlanjutan                           Profil Perusahaan                      Tata Kelola Keberlanjutan
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             No. Indeks                                                     Nama Indeks                                                               Halaman
             Nr of Index                                                    Name of Index                                                              Pages

             F.3       Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Comparison of Portfolio Targets and Performance,                 68

                       Investasi pada Instrumen Keuangan atau Proyek yang Sejalan dengan Financing Targets, or Investments in Financial Instruments

                       Keuangan Berkelanjutan                                                or Projects Compatible with Sustainable Finance

                       Kinerja Lingkungan Hidup | Environmental Performance                                                                                117

                       Aspek Umum                                                            General Aspect

             F.4       Biaya Lingkungan Hidup                                                Environmental Cost                                            118

                       Aspek Material                                                        Material Aspect

             F.5       Penggunaan Material yang Ramah Lingkungan                             Use of Environmentally Friendly Materials                 120, 121

                       Aspek Energi | Energy Aspect

             F.6       Jumlah dan Intensitas Energi yang Digunakan                           Amount and Intensity of Energy Used                       122-124

             F.7       Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Efforts and Achievements of Energy Efficiency and Use                     125,

                       Terbarukan                                                            of Renewable Energy                                       126, 127

                       Aspek Air | Water Aspect

             F.8       Penggunaan Air                                                        Water usage                                                   128

                       Aspek Keanekaragaman Hayati | Aspects of Biodiversity

             F.9       Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Impact of Operational Areas Near or Located                        131

                       Konservasi atau Memiliki Keanekaragaman Hayati                        in Conservation Areas or Areas with Biodiversity

             F.10      Usaha Konservasi Keanekaragaman Hayati                                Biodiversity Conservation Effort                              130

                       Aspek Emisi | Emission Aspect

             F.11      Jumlah dan Intensitas Emisi yang Dihasilkan Berdasarkan Jenisnya      Amount and Intensity of Emissions Produced by Type        122-123

             F.12      Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan                 Emission Reduction Efforts and Achievements                   124

                       Aspek Limbah dan Efluen | Waste and Effluent Aspects

             F.13      Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan Jenis             Amount of Waste and Effluent Produced by Type                  132

             F.14      Mekanisme Pengelolaan Limbah dan Efluen                                Waste and Effluent Management Mechanism                    132, 133

             F.15      Tumpahan yang Terjadi ( jika ada)                                     Spills that Occur (if any)                                    133

                       Aspek Pengaduan Terkait Lingkungan Hidup |                            Aspects of Complaints Related to the Environment

             F.16      Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Number and material of environmental complaints                      134

                       Diselesaikan                                                          received and resolved

                       Kinerja Sosial | Social Performance

             F.17      Komitmen untuk Memberikan Layanan atas Produk dan/atau Jasa Commitment to Providing Services for Equal Products 74, 76

                       yang Setara kepada Konsumen                                           and/or Services to Consumers

                       Aspek Ketenagakerjaan | Employment Aspect

             F.18      Kesetaraan Kesempatan Bekerja                                         Equal Employment Opportunity                                87, 88

             F.19      Tenaga Kerja Anak dan Tenaga Kerja Paksa                              Child Labor and Forced Labor                                   85

             F.20      Upah Minimum Regional                                                 Regional minimum wage                                          85

             F.21      Lingkungan Bekerja yang Layak dan Aman                                Decent and Safe Working Environment                            86

             F.22      Pelatihan dan Pengembangan Kemampuan Pegawai                          Employee Capabilities Training and Development              89-95




           Kinerja Ekonomi                        Kinerja Sosial                    Kinerja Lingkungan                    Indeks POJK & Standar GRI       137
        Economic Performance                    Social Performance              Environmental Performance                 POJK Index & GRI Standard         8
Page 146
                                                                                                                                       2024 Sustainability Report




  No. Indeks                                                          Nama Indeks                                                                Halaman
  Nr of Index                                                         Name of Index                                                               Pages

       Aspek Masyarakat | Community Aspect

 F.23 Dampak Operasi Terhadap Masyarakat Sekitar                                    Operational Impact on Surrounding Communities                   104-105

 F.24 Pengaduan Masyarakat                                                          Public Complaints                                                      116

 F.25 Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)                              Environmental Social Responsibility Activities                  108-115

       Tanggung Jawab Pengembangan Produk/Jasa Berkelanjutan |                      Responsibility for Sustainable Product/Service Development

 F.26 Inovasi dan Pengembangan Produk/Jasa Keuangan Berkelanjutan                   Innovation and Development of Sustainable Financial                     70

 F.27 Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi Pelanggan                  Products/Services Evaluated for Safety for Customers                    71

 F.28 Dampak Produk/Jasa                                                            Product/Service Impact                                                  73

 F.29 Jumlah Produk yang Ditarik Kembali                                            Number of Withdrawn Products                                            74

 F.30 Survei Kepuasan Pelanggan Terhadap Produk dan/atau Jasa Customer Satisfaction Survey on Sustainable Financial                                         74

       Keuangan Berkelanjutan                                                       Products and/or Services

 G     Lain-Lain: | Etc

 G.1   Verifikasi Tertulis dari Pihak Independen ( jika ada)                         Written Verification from an Independent Party (if any)        Tidak ada |

                                                                                                                                                         none

 G.2   Lembar Umpan Balik                                                           Feedback Sheet                                                        141

 G.3   Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan Tahun Feedback on Previous Year’s Sustainability Report                                 068-070

       Sebelumnya                                                                   Feedback

 G.4   Daftar Pengungkapan Sesuai Peraturan Otoritas Jasa Keuangan List of Disclosures According to Financial Services Authority                          114

       Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Regulation Number 51/POJK.03/2017 concerning the

       Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Implementation of Sustainable Finance for Financial

       Perusahaan Publik.                                                           Services Institutions, Issuers, and Public Companies.




138                       Tentang Kami                        Strategi Keberlanjutan                       Profil Perusahaan                  Tata Kelola Keberlanjutan
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           Indeks Isi Standar GRI [102-55]
           GRI Standard Content Index

                                    Indicator                                                      Uraian                               Halaman
                                    Indicator                                                Description                                 Page



           Pengungkapan Umum | General Disclosure

           102                     102-1        Nama Organisasi                                                                                 18
           Profil Organisasi                     Name of the Organisation
           Organisational Profile   102-2        Kegiatan, Merek, Produk, dan Jasa                                                               18
                                                Activities, Brands, Products, and Services
                                   102-3        Lokasi Kantor Pusat                                                                             18
                                                Location of Headquarters
                                   102-4        Lokasi Operasi                                                                                  18
                                                Location of Operations
                                   102-5        Kepemilikan dan Bentuk Hukum                                                                    19
                                                Ownership and Legal Form
                                   102-6        Pasar yang Dilayani                                                                     18, 23-29
                                                Markets Served                                                                             38-39
                                   102-7        Skala Organisasi                                                                                30
                                                Scale of the Organisation
                                   102-8        Informasi Mengenai Karyawan dan Pekerja Lainnya                                            78, 79
                                                Information on Employees and Other Workers
                                   102-9        Rantai Pasokan                                                                             30-31
                                                Supply Chain
                                   102-10       Perubahan Signifikan Pada Organisasi dan Rantai Pasokannya                                  34-35
                                                Significant Changes to the Organisation and Its Supply Chain
                                   102-11       Pendekatan atau Prinsip Pencegahan                                                         49-51
                                                Precautionary Principle or Approach
                                   102-12       Inisiatif Eksternal                                                                        44-45
                                                External Initiatives
                                   102-13       Keanggotaan Asosiasi                                                                            46
                                                Membership of Associations
           102                     102-14       Pernyataan dari Pembuat Keputusan Senior                                                    8-16
           Strategi                             Statement from Senior Decision-Maker
           Strategy                102-15       Dampak Penting, Risiko, dan Peluang                                                         8-15
                                                Key Impacts, Risks, and Opportunities
           102                     102-16       Nilai, Prinsip, Standar, dan Norma Perilaku                                                     49
           Ethics and Integrity                 Values, Principles, Standards, and Norms of Behaviour
           Etika dan Integritas    102-17       Mekanisme untuk Saran dan Masalah Etika                                                    49-51
                                                Mechanisms for Advice and Concerns About Ethics
           102                     102-18       Struktur Tata Kelola                                                                            52
           Governance                           Governance Structure
           Tata Kelola             102-19       Pendelegasian Wewenang                                                                          53
                                                Delegating Authority
                                   102-20       Tanggung Jawab Tingkat Eksekutif untuk Topik Ekonomi, Lingkungan, dan Sosial               54, 55
                                                Executive-Level Responsibility for Economic, Environmental, and Social Topics
                                   102-21       Konsultasi dengan Para Pemangku Kepentingan Mengenai Topik-Topik Ekonomi,                       60
                                                Lingkungan, dan Sosial
                                                Consulting Stakeholders on Economic, Environmental, and Social Topics


           Kinerja Ekonomi           Kinerja Sosial                        Kinerja Lingkungan               Indeks POJK & Standar GRI       139
        Economic Performance       Social Performance                  Environmental Performance            POJK Index & GRI Standard         8
Page 148
                                                                                                                        2024 Sustainability Report




                                        Indicator                                           Uraian                              Halaman
                                        Indicator                                         Description                              Page

                                        102-22      Komposisi Badan Tata Kelola Tertinggi dan Komitenya                                    54
                                                    Composition of the Highest Governance Body and Its Committees
                                        102-23      Ketua Badan Tata Kelola Tertinggi                                                      54
                                                    Chairman of the Highest Governance Body
                                        102-24      Menominasikan dan Memilih Badan Tata Kelola Tertinggi                                  54
                                                    Nominating and Selecting the Highest Governance Body
                                        102-25      Konflik Kepentingan                                                                     55
                                                    Conflict of Interest
                                        102-27      Pengetahuan Kolektif Badan Tata Kelola Tertinggi                                       56
                                                    Collective Knowledge of the Highest Governance Body
                                        102-28      Mengevaluasi Kinerja Badan Tata Kelola Tertinggi                                       56
                                                    Evaluating the Highest Governance Body’s Performance
                                        102-30      Efektivitas Proses Manajemen Risiko                                                    57
                                                    Effectiveness of Risk Management Processes
                                        102-35      Kebijakan Remunerasi                                                                   59
                                                    Remuneration Policies
 102                                    102-40      Daftar Kelompok Pemangku Kepentingan                                                   60
 Keterlibatan Pemangku                              List of Stakeholder Groups
 Kepentingan                            102-43      Pendekatan untuk Keterlibatan Pemangku Kepentingan                                     60
 Stakeholder Engagement                             Approach to Stakeholder Engagement
                                        102-44      Topik Utama dan Hal-Hal yang Diajukan                                                  60
                                                    Key Topics and Concerns Raised
 102                                    102-45      Entitas yang Termasuk dalam Keuangan Konsolidasi                                       62
 Praktik Pelaporan                                  Entities Included in the Consolidated Financial Statements
 Reporting Practice                     102-46      Menetapkan Isi Laporan dan Batasan Topik                                          61, 62
                                                    Defining Report Content and Topic Boundaries
                                        102-47      Daftar Topik Material                                                                  63
                                                    List of Material Topics
                                        102-48      Penyajian Kembali Informasi                                                            61
                                                    Restatements of Information
                                        102-49      Perubahan dalam Pelaporan                                                              61
                                                    Changes in Reporting
                                        102-50      Periode Pelaporan                                                                      63
                                                    Reporting Period
                                        102-51      Tanggal Laporan Terbaru                                                                63
                                                    Date of Most Recent Report
                                        102-52      Siklus Pelaporan                                                                       63
                                                    Reporting Cycle
                                        102-53      Titik Kontak untuk Pertanyaan Mengenai Laporan                                        b, c
                                                    Contact Point for Questions Regarding the Report
                                        102-54      Mengklaim Pelaporan Sesuai dengan Standar GRI                                         b, c
                                                    Claims of Reporting in Accordance With the GRI Standards
                                        102-55      Indeks Isi GRI                                                                        b, c,
                                                    GRI Content Index                                                              139-144
                                        102-56      Assurance oleh Pihak Eksternal                                              Tidak Ada |
                                                    External Assurance                                                                  None




140                      Tentang Kami                        Strategi Keberlanjutan                  Profil Perusahaan       Tata Kelola Keberlanjutan
  8                        About Us                          Sustainability Strategy                 Company Profile         Sustainability Governance
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                                       Indicator                                                       Uraian                                Halaman
                                       Indicator                                                 Description                                  Page

           103                         103-1           Penjelasan topik material dan batasannya                                                 63, 64
           Pendekatan Manajemen                        Explanation of the material topic and its boundary
           Management Approach         103-2           Pendekatan manajemen dan komponennya                                                     63, 64
                                                       The management approach and its components
                                       103-3           Evaluasi pendekatan manajemen                                                            63, 64
                                                       Evaluation of the management approach


           Topik Ekonomi | Economic Topic

           201                         201-1           Nilai ekonomi langsung yang dihasilkan dan didistribusikan                                    66
           Kinerja Ekonomi                             Direct economic value generated and distributed
           Economic Performance        201-2           Implikasi Finansial serta Risiko dan Peluang Lain Akibat dari Perubahan Iklim                 69
                                                       Financial implications and other risks and opportunities due to climate change
           202                         202-1           Rasio standar upah karyawan entry-level berdasarkan jenis kelamin terhadap                    85
           Keberadaan Pasar                            upah minimum regional
           Market Presence                             Ratios of standard entry level wage by gender compared to local minimum wage
                                       202-2           Proporsi manajemen senior yang berasal dari masyarakat lokal                               104
                                                       Proportion of senior management hired from the local community
           203                         203-1           Investasi infrastruktur dan dukungan layanan                                                  68
           Dampak Ekonomi Tidak                        Infrastructure investments and services supported
           Langsung                    203-2           Dampak ekonomi tidak langsung yang signifikan                                                  68
           Indirect Economic Impact                    Significant indirect economic impacts
           204                         204-1           Proporsi pengeluaran untuk pemasok lokal                                                   105
           Praktek Pengadaan                           Proportion of spending on local suppliers
           Procurement Practice
           205                         205-1           Operasi-operasi yang dinilai memiliki risiko terkait korupsi                                  58
           Anti-Korupsi                                Operations assessed for risks related to corruption
           Anti-Corruption             205-3           Insiden korupsi yang terbukti dan tindakan yang diambil                                       51
                                                       Confirmed incidents of corruption and actions taken


           Topik Lingkungan | Environmental Topic
           301                         301-1           Material yang digunakan berdasarkan berat atau volume                                  120, 121
           Material                                    Materials used by weight or volume
           Material                    302-2           Material input dari daur ulang yang digunakan                                          120, 121
                                                       Recycled input materials us
                                       302-3           Produk reclaimed dan material kemasannya                                               120, 121
                                                       Reclaimed products and their packaging materials
           302                         302-1           Konsumsi energi dalam organisasi                                                       122, 123
           Energi                                      Energy consumption within the organization
           Energy                      302-3           Intensitas energi                                                                          123
                                                       Energy intensity
                                       302-4           Pengurangan konsumsi energi                                                            124, 125
                                                       Reduction of energy consumption
           303                         303-1           Interaksi dengan air sebagai sumber daya bersama                                           128
           Air & Efluen                                 Interactions with water as a shared resources
           Water & Efluent              303-3           Pengambilan air                                                                            128
                                                       Water withdrawal




           Kinerja Ekonomi              Kinerja Sosial                         Kinerja Lingkungan                Indeks POJK & Standar GRI       141
        Economic Performance          Social Performance                   Environmental Performance             POJK Index & GRI Standard         8
Page 150
                                                                                                                                 2024 Sustainability Report




                                       Indicator                                              Uraian                                         Halaman
                                       Indicator                                           Description                                         Page

                                       303-4       Pembuangan air                                                                                    128
                                                   Water discharge
                                       303-5       Konsumsi air                                                                                      128
                                                   Water consumption
 304                                   304-1       Lokasi operasi yang dimiliki, disewa, dikelola, atau berdekatan dengan, kawasan lindung           131
 Keanekaragaman Hayati                             dan kawasan dengan nilai keanekaragaman hayati tinggi di luar kawasan lindung
 Biodiversity                                      Operational sites owned, leased, managed in, or adjacent to, protected areas and
                                                   areas of high biodiversity value outside protected areas
                                       304-2       Dampak signifikan dari kegiatan, produk, dan jasa pada keanekaragaman hayati                       131
                                                   Significant impacts of activities, products, and services on biodiversity
 305                                   305-1       Emisi GRK (Cakupan 1) langsung                                                                    129
 Emisi                                             Direct (Scope 1) GHG emissions
 Emission                              305-4       Intensitas emisi GRK                                                                              130
                                                   GHG emissions intensity
                                       305-5       Pengurangan emisi GRK                                                                             130
                                                   Reduction of GHG emissions
                                       305-6       Emisi zat perusak ozon (ODS)                                                                      129
                                                   Emissions of ozone-depleting substances (ODS)
                                       305-7       Nitrogen oksida (NOX), sulfur oksida (SOX), dan emisi udara yang signifikan lainnya                129
                                                   Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emission
 306                                   306-1       Timbulan limbah dan dampak signifikan terkait limbah                                               132
 Limbah                                            Waste generation and significant waste-related impacts
 Waste                                 306-2       Pengelolaan dampak yang signifikan terkait limbah                                                  132
                                                   Management of significant waste-related impacts
                                       306-3       Timbulan limbah                                                                                   132
                                                   Waste generated
                                       306-4       Limbah yang dialihkan ke pembuangan akhir                                                   132, 133
                                                   Waste diverted from disposal
                                       306-5       Limbah yang dikirimkan ke pembuangan akhir                                                        132
 307                                               Waste directed to disposal
 Kepatuhan Lingkungan                  307-1       Ketidakpatuhan terhadap undang-undang & peraturan tentang lingkungan hidup                        134
 Environmental Complience                          Non-compliance with environmental laws & regulations



 Topik Sosial | Social Topic

 401                                   401-1       Perekrutan Karyawan Baru dan Pergantian Karyawan                                                    89
 Employment                                        New Employee Hires and Employee Turnover
 Kepegawaian                           401-2       Tunjangan yang Diberikan Kepada Karyawan Tetap yang Tidak Diberikan Kepada                          86
                                                   Karyawan Sementara atau Paruh Waktu
                                                   Benefits Provided to Full-Time Employees that are Not Provided to Temporary or
                                                   Part-Time Employees
 403                                   403-1       Sistem Manajemen Kesehatan dan Keselamatan Kerja                                                    96
 Kesehatan & Keselamatan                           Occupational Health and Safety Management System
 Kerja                                 403-2       Identifikasi Bahaya, Penilaian Risiko, dan Investigasi Insiden                                       97
 Occupational Health & Safety                      Hazard Identification, Risk Assessment, and Incident Investigation




142                     Tentang Kami                        Strategi Keberlanjutan                     Profil Perusahaan                 Tata Kelola Keberlanjutan
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                                           Indicator                                                       Uraian                                Halaman
                                           Indicator                                                 Description                                  Page


                                            403-3          Pelayanan Kesehatan Kerja                                                              101-103
                                                           Occupational Health Services
                                            403-4          Partisipasi, Konsultasi, dan Komunikasi Pekerja Tentang Kesehatan dan                    80, 81
                                                           Keselamatan Kerja                                                                      101, 103
                                                           Worker Participation, Consultation, and Communication on Occupational Health
                                                           and Safety
                                            403-5          Pelatihan Pekerja Tentang Kesehatan dan Keselamatan Kerja                               99, 100
                                                           Worker Training on Occupational Health and Safety
                                            403-6          Peningkatan kualitas kesehatan pekerja                                                 101-103
                                                           Promotion of worker health
                                            403-7          Pencegahan dan Mitigasi Dampak Kesehatan dan Keselamatan Kerja yang Terkait              90-95
                                                           Langsung dengan Hubungan Bisnis
                                                           Prevention and Mitigation of Occupational Health and Safety Impacts Directly
                                                           Linked by Business Relationships
                                            403-9          Cedera Terkait Pekerjaan                                                                 97, 98
                                                           Work-Related Injuries
                                            404-1          Rata-rata jam pelatihan per tahun per karyawan                                                95
                                                           Average hours of training per year per employee
           404                              404-2          Program untuk meningkatkan keterampilan karyawan dan program bantuan                     90-95,
           Pelatihan dan Pendidikan                        peralihan                                                                              110-115
           Training and Education                          Programs for upgrading employee skills and transition assistance programs
                                            404-3          Persentase karyawan yang menerima tinjauan rutin terhadap kinerja dan                         84
                                                           pengembangan karier
                                                           Percentage of employees receiving regular performance and career development
                                                           reviews
           405                              405-2          Rasio Gaji Pokok dan Remunerasi Perempuan Dibandingkan Laki-Laki                         85, 86
           Diversity and Equal                             Ratio of Basic Salary and Remuneration of Women to Men
           Opportunity
           Keanekaragaman dan
           Kesempatan Setara
           408                              408-1          Operasi dan pemasok yang berisiko signifikan terhadap insiden pekerja anak                     85
           Pekerja anak                                    Operations and suppliers at significant risk for incidents of child labor
           Child Labor
           409                              409-1          Operasi dan pemasok yang berisiko signifikan terhadap insiden kerja paksa atau                 85
           Kerja Paksa atau Wajib Kerja                    wajib kerja
           Forced or Compulsory Labor                      Operations and suppliers at significant risk for incidents of forced or compulsory
                                                           labor
           412                              412-1          Operasi yang Telah Menjalani Tinjauan Hak Asasi Manusia atau Penilaian Dampak                 83
           Penilaian Hak Asasi Manusia                     Operations that Have Been Subject to Human Rights Reviews or Impact
           Human Rights Assessment                         Assessments
                                            412-2          Pelatihan Karyawan Tentang Kebijakan atau Prosedur Hak Asasi Manusia                     89, 94,
                                                           Employee Training on Human Rights Policies or Procedures                                      95




           Kinerja Ekonomi                  Kinerja Sosial                         Kinerja Lingkungan                Indeks POJK & Standar GRI        143
        Economic Performance              Social Performance                   Environmental Performance             POJK Index & GRI Standard          8
Page 152
                                                                                                                                 2024 Sustainability Report




                                         Indicator                                           Uraian                                      Halaman
                                         Indicator                                         Description                                      Page

 413                                     413-1       Operasi dengan keterlibatan masyarakat lokal, penilaian dampak, dan program            104-115
 Masyarakat Lokal                                    pengembangan
 Local Communities                                   Operations with local community engagement, impact assessments, and
                                                     development programs
                                         413-2       Operasi yang secara aktual dan yang berpotensi memiliki dampak negatif                        116
                                                     signifikan terhadap masyarakat lokal
                                                     Operations with significant actual and potential negative impacts on local
                                                     communities
 416                                     416-1       Penilaian dampak kesehatan dan keselamatan dari berbagai kategori produk dan                   71
 Kesehatan dan Keselamatan                           jasa
 Pelanggan                                           Assessment of the health and safety impacts of product and service categories
 Customer Health and Safety              416-2       Insiden ketidakpatuhan sehubungan dengan dampak kesehatan dan keselamatan                 71, 74
                                                     dari produk dan jasa
                                                     Incidents of non-compliance concerning the health and safety impacts of products
                                                     and services
 417                                     417-1       Persyaratan untuk pelabelan dan informasi produk dan jasa                                 73, 74
 Pemasaran dan Pelabelan                             Requirements for product and service information and labeling
 Marketing and Labeling                  417-2       Insiden ketidakpatuhan terkait pelabelan dan informasi produk dan jasa                         74
                                                     Incidents of non-compliance concerning product and service information and
                                                     labeling
                                         417-3       Insiden ketidakpatuhan terkait komunikasi pemasaran                                            74
                                                     Incidents of non-compliance concerning marketing communications




144                       Tentang Kami                          Strategi Keberlanjutan                Profil Perusahaan               Tata Kelola Keberlanjutan
  8                         About Us                            Sustainability Strategy               Company Profile                 Sustainability Governance
Page 153
Laporan Keberlanjutan 2024


  Formulir Umpan Balik [G.2]
  Feedback Form

  Untuk meningkatkan kualitas dan memenuhi harapan kedepan, kami berharap           To improve quality and meet future expectations, we expect to get your
  mendapatkan masukan. Respons saudara sangat berarti bagi kami, oleh               feedbacks. Your responds are valuable for us; therefore, allow us ask a few
  karenanya izinkan kami menanyakan beberapa hal terkait laporan ini.               questions regarding this report.

  Mohon berikan tanda centang pada bagian [ ] | Please check on this box [ ]

  No. Pertanyaan | Question                                                                                            Ya | Yes                   Tidak | No

  1.   Laporan ini memberi informasi yang bermanfaat | This report provides useful information                             [       ]               [            ]

  2.   Laporan ini mudah dimengerti | This report is easy to understand                                                    [       ]               [            ]

  3.   Laporan ini telah mendorong saudara untuk berkontribusi dalam keberlanjutan |                                       [       ]               [            ]

       This report has encouraged you to contribute towards sustainability

  4.   Seberapa penting/menarik kinerja di bawah ini: |                                   Skala 1 - 5 (sangat tidak penting - sangat penting)

       How important/attractive is the following performance:                             Scale 1 - 5 (not at all important - very important)

       a. Kinerja Ekonomi | Economic Performance                                     1[       ]             2[   ]   3[        ]       4[     ]            5[       ]

       b, Kinerja Sosial | Social Performance                                        1[       ]             2[   ]   3[        ]       4[     ]            5[       ]

       c. Kinerja Lingkungan | Environment Performance                               1[       ]             2[   ]   3[        ]       4[     ]            5[       ]

  5.   Materi apa yang dirasa perlu ditambahkan: | What material needs to be added:




  6.   Kontribusi apa yang perlu ditingkatkan Perseroan: | What contribution needs to be improved by the Company:




  7.   Saran lain: | Other advice:




  8.   Profil Pemangku Kepentingan | Stakeholder Profile
                [   ] Pemegang Saham/Investor                [    ] Karyawan              [       ] Pelanggan          [       ] Masyarakat Lokal
                      Shareholder/Investor                          Employee                        Customer                     Local Communities

                [   ] Mitra Bisnis                           [    ] Pemerintah            [       ] Media              [       ] LSM                   [    ] Lainnya
                      Business Partner                              Government                      Media                        NGO                          Others
                Nama | Name                 :                                        Jenis kelamin | Gender : Pria | Male [             ] Wanita | Female [ ]

                Pekerjaan | Occupation :


                                     Kami sangat menghargai masukan Anda. Kirimkan formulir umpan balik ini ke:
                                        We really appreciate your feedback. Please send this feedback form to:

                                                                        Investor Relations
                                                                        PT Steel Pipe Industry of Indonesia Tbk
                                                                        Gedung Baja Lt 7,
                                                                        Jl. Pangeran Jayakarta No 55, Jakarta Pusat
                                                                        email: corsec@spindo.co.id

               Kinerja Ekonomi                       Kinerja Sosial                     Kinerja Lingkungan                     Indeks POJK & Standar GRI                145
            Economic Performance                   Social Performance               Environmental Performance                  POJK Index & GRI Standard                  8
Page 154
                                                                      2024 Sustainability Report




                     Halaman ini sengaja dikosongkan
                     This page is intentionally left blank




146   Tentang Kami      Strategi Keberlanjutan     Profil Perusahaan       Tata Kelola Keberlanjutan
  8     About Us        Sustainability Strategy    Company Profile         Sustainability Governance
Page 155
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk
SPINDO Head Office                     SPINDO Jakarta Office            SPINDO Karawang (SKF)
Jl. Kalibutuh No. 189 - 191,           Gedung Baja, Lt. 7               Kawasan Industri Mitrakarawang (KIM),
Surabaya 60173, East Java, Indonesia   Jl. Pangeran Jayakarta No. 55    Jl. Mitra Raya No. II Blok F2,
p : +6231 532 0921, 531 6921,          Jakarta 10730, Indonesia         Karawang 41363, Indonesia
    +6231 532 0320, 535 3290,          p : +6221 6231 3502              p : +6221 8911 5085, +62267 440 823
f : +6231 531 0712, 532 0290           f : +6221 624 0313               f : +62267 440 587
e : marketing@spindo.co.id             e : marketing.sjo@spindo.co.id   e : marketing.skf@spindo.co.id




                                                                                                                spindo   spindosteelpipe

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Published30 Apr 2025
Pages155
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Names mentioned 66 people and organisations named in the text · linked when the evidence is strong

linked org PT Pertamina Patra Niaga p.14 ×3
linked person Ibnu Susanto p.24 ×4
linked org Dana Pensiun p.29
linked person Nico Gunawan p.29 ×10
linked person Tikman Utomo. p.39 ×2
linked person Tedja Sukmana Hudianto p.40 ×7
linked person Soediarto Soerjoprahono p.40
linked person Yoshinori Nishimoto p.41
linked person The, Hanny Purnomo p.41
linked org Itochu Corporation p.42 ×3
linked org Trimegah Sekuritas p.90
linked org United Tractors Tbk · Komisaris p.90 ×2
possible person Paulus Bambang p.20 ×7
possible org PT Cakra Bhakti Para Putra p.28 ×5
possible person Dwi Santoso p.41 ×2
possible person Johannes W p.89
possible org Otoritas Jasa Keuangan p.144
unresolved org Indonesia Tbk p.3 ×10
unresolved org SPINDO Tbk p.3 ×15
unresolved org Steel Pipe Industry Tbk p.3 ×11
unresolved org Kementerian Lingkungan Hidup dan Kehutanan Republik Indonesia p.13
unresolved org Ministry of Environment and Forestry p.13
unresolved org Ministry of Industry. p.13
unresolved person Tedja p.21
unresolved — S Hudianto · Wakil Direktur Utama p.21
unresolved org PT Cakra Bhakti Para Putra Nama Pemegang Saham p.28
unresolved org Tetap Khusus Non Tax p.29
unresolved — Individu Asing - KITAS p.29
unresolved org Foreign Corporation p.29
unresolved — Tax Treaty p.29
unresolved org PT Cakra Bhakti p.30
unresolved org PT Sanko Steel p.30
unresolved org PT Poses Engineering Industry p.30
unresolved org Pemberton Asia Opportunities Fund p.30
unresolved org PT SPINDO ENGINEERING INDUSTRY p.31
unresolved org PT SANKO STEEL INDONESIA p.31
unresolved org PT POSES p.31
unresolved org Pty. Ltd. p.39
unresolved person Entario Widjaja Bapak Entario Widjaja Susanto p.39 ×4
unresolved person Endang Fi p.39 ×2
unresolved person H. Poernomosidi Independent Commissioner Welly Tantono Independent p.40 ×3
unresolved org PT Radjin p.42 ×4
unresolved org Kawasaki Steel Corporation p.42 ×2
unresolved org PT Steel Pipe p.42 ×2
unresolved org JFE Steel Corp. p.42
unresolved org Marubeni-Itochu Inc. p.42
unresolved org Benxi Steel Group Co. Ltd. p.43
unresolved org Steel Group Co. Ltd. p.43
unresolved org UL LLC p.52
unresolved org Telekomunikasi Indonesia Tbk p.52 ×6
unresolved org PT IAPMO Group Indonesia SPPT SNI p.52
unresolved person Organ Pendukung · Komisaris p.63 ×2
unresolved person Formal · Anggota p.64
unresolved — Suppliers/Vendors p.68
unresolved — Medias p.68
unresolved — Masyarakat/LSM p.68
unresolved — Public/NGO p.68
unresolved org PT Steel Pipe Industr p.79
unresolved person Vincent Makmur Widjaja p.89 ×5
unresolved — Hudianto · Wakil Direktur Utama p.89
unresolved person Johanes W Edward. Beberapa p.89 ×4
unresolved org PT Steel p.91
unresolved org PT Steel Pipe Industry Pipe Industry p.91
unresolved org Tata Kelola p.95
unresolved org Financial Services Authority p.144

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